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Dec 31, 2024

Caterpillar Q4 2024 Earnings Report

Caterpillar reported a decrease in sales and revenues, along with a decrease in operating profit margin and adjusted profit per share for Q4 2024.

Key Takeaways

Caterpillar Inc. announced fourth-quarter and full-year results for 2024. Sales and revenues for the fourth quarter of 2024 were $16.2 billion, a 5% decrease compared with $17.1 billion in the fourth quarter of 2023. Fourth-quarter 2024 profit per share was $5.78, compared with $5.28 profit per share in the fourth quarter of 2023. Adjusted profit per share in the fourth quarter of 2024 was $5.14, compared with fourth-quarter 2023 adjusted profit per share of $5.23.

Fourth-quarter sales and revenues reached $16.2 billion.

Full-year sales and revenues amounted to $64.8 billion.

Fourth-quarter profit per share was $5.78, with an adjusted profit per share of $5.14.

Full-year profit per share stood at $22.05, with an adjusted profit per share of $21.90.

Total Revenue
$16.2B
Previous year: $17.1B
-5.0%
EPS
$5.14
Previous year: $5.23
-1.7%
Gross Profit
$5.56B
Previous year: $5.77B
-3.6%
Cash and Equivalents
$6.89B
Previous year: $6.98B
-1.3%
Free Cash Flow
$2.36B
Previous year: $3.15B
-25.2%
Total Assets
$87.8B
Previous year: $87.5B
+0.3%

Caterpillar

Caterpillar

Caterpillar Revenue by Segment

Caterpillar Revenue by Geographic Location

Forward Guidance

Certain statements in this press release relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

Revenue & Expenses

Visualization of income flow from segment revenue to net income