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Caterpillar
🇺🇸 NYSE:CAT
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Dec 31, 2023

Caterpillar Q4 2023 Earnings Report

Caterpillar's Q4 2023 performance was marked by increased sales and revenues, alongside a significant rise in operating profit, driven by favorable price realization and the absence of prior-year goodwill impairment charges.

Key Takeaways

Caterpillar Inc. reported a 3% increase in sales and revenues for the fourth quarter of 2023, reaching $17.1 billion. The company's operating profit margin significantly improved to 18.4%, and adjusted profit per share was $5.23. Full-year results were also strong, with record sales and revenues.

Fourth-quarter sales and revenues increased by 3% to $17.1 billion.

Operating profit margin for the fourth quarter was 18.4%, a significant increase from 10.1% in the previous year.

Fourth-quarter profit per share was $5.28, and adjusted profit per share was $5.23.

Full-year sales and revenues reached $67.1 billion, a 13% increase compared to the previous year.

Total Revenue
$17.1B
Previous year: $16.6B
+2.8%
EPS
$5.23
Previous year: $3.86
+35.5%
Gross Profit
$5.77B
Previous year: $4.8B
+20.3%
Cash and Equivalents
$6.98B
Previous year: $7B
-0.4%
Free Cash Flow
$3.15B
Previous year: $2.31B
+36.3%
Total Assets
$87.5B
Previous year: $81.9B
+6.8%

Caterpillar

Caterpillar

Caterpillar Revenue by Segment

Forward Guidance

Caterpillar did not provide specific forward guidance in this earnings release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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