Revenue segments as reported by the company.

Sales of Machinery, Energy & Transportation

Revenues of Financial Products

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Research and development

Interest expense of Financial Products

Other operating (income) expenses

Goodwill impairment charge

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Caterpillar

Solar Turbines is a designer and manufacturerer of industrial gas turbines for onshore and offshore electrical power generation, for marine propulsion and for producing, processing and transporting natural gas and oil. Solar Turbines is one of the world's leading producers of industrial gas turbines up to 30,000 horsepower (22,000 kW). There are more than 15,000 Solar Turbines gas turbine systems installed in over 100 countries worldwide that have collectively logged more than 2 billion hours of use.

Solar Turbines

Perkins Engines is primarily a diesel engine manufacturer for several markets including Agricultural, Construction, Material Handling, Power Generation and Industrial. Over the years Perkins has expanded its engine ranges and produces thousands of different engine specifications including diesel and gas engines.

Perkins Engines

Progress Rail Services is a supplier of railroad and transit system products and services and has become one of the largest integrated and diversified suppliers of railroad and transit system products and services in North America. Progress Rail markets products and services worldwide and maintains 110 facilities in the United States, 34 in Mexico, four in Canada, two in Brazil, five in UK, one in Italy, and one in Germany. Progress Rail is organized into two divisions: Engineering & Track Services and Locomotive & Railcar Services.

Progress Rail Services

Caterpillar, Inc. engages in the business of manufacturing construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. It operates through the following segments: Construction Industries, Resource Industries, Energy and Transportation, Financial Products, and All Other. The Construction Industries segment is involved in supporting customers using machinery in infrastructure and building construction applications. The Resource Industries segment offers machinery in mining, heavy construction, quarry, and aggregates. The Energy and Transportation segment focuses on reciprocating engines, turbines, diesel-electric locomotives, and related services across industries serving oil and gas, power generation, industrial, and transportation applications including marine- and rail-related businesses. The Financial Products segment provides financing alternatives to customers and dealers for Caterpillar products and services, as well as financing for power generation facilities. The All Other segment includes activities such as the business strategy, product management, and development, and manufacturing filters and fluids, undercarriage, tires and rims, engaging tools, and fluid transfers. The company was founded on April 15, 1925 and is headquartered in Irving, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Caterpillar reports robust Q4 earnings, eyes growth amid supply challenges

Caterpillar's Q4 2022 showcased strong sales growth and record profit per share. Challenges in the supply chain impacted certain sectors, but overall performance was robust.
The company's focus on key sectors like Energy & Transportation paid off with significant sales increases. Positive outlook for 2023 with expectations of increased sales and profit margins.
Maintaining strong ME&T free cash flow and service revenue growth are key strengths. Adjusted operating profit margins may face challenges in Q1 2023.
Despite challenges, Caterpillar remains optimistic about future growth opportunities and aims to meet its financial targets for the coming year.

Caterpillar excels in Q1 2023, eyes growth amid challenges

Caterpillar's Q1 2023 showcased robust financial performance, driven by strong sales growth and improved profit margins.
While challenges like dealer inventory management persist, the company's positive outlook and strategic investments position it well for future growth.
Opportunities in sustainability initiatives, market collaborations, and financial performance enhancements pave the way for a promising year ahead.

Caterpillar reports robust Q2 earnings, eyes growth amid challenges

Caterpillar's Q2 2023 performance showcased strong growth and profitability across segments, with a positive outlook for the full year. While facing challenges like supply chain disruptions and pricing pressures, the company remains focused on returning cash to shareholders and driving sustainability initiatives.

Caterpillar reports strong Q3 performance, eyes growth opportunities

Caterpillar anticipates another good year in 2024 with elevated backlog levels expected to normalize.
Company expects adjusted operating profit margin to exceed targets for the full year.
Focus on managing costs, improving efficiency, and adding value for customers through technology and services.
Competitive dynamics considered in pricing decisions to remain competitive and add value for customers.

Caterpillar (CAT) reports record-breaking 2023 performance and eyes growth opportunities

Caterpillar's 2023 performance exceeded expectations, with a strong focus on operational efficiency and strategic growth initiatives. The company faces challenges in weak market conditions in China and parts decline but sees opportunities in the energy transition and services growth. Caterpillar plans to return free cash flow to shareholders through dividends and share repurchases, emphasizing organic growth opportunities.

Caterpillar (CAT) posts solid Q1 results, eyes growth opportunities

Caterpillar (CAT) delivered a strong Q1 performance with flat sales but increased profitability. While facing challenges in the European construction market, CAT aims for continued growth in key segments and maintains a positive outlook for the year.

Caterpillar reports mixed Q2 results, focuses on sustainability and innovation

Caterpillar's Q2 2024 performance reflects a mixed bag with sales decline offset by improved profit margins and strong free cash flow. Sustainability efforts and product innovation are key strengths, while challenges include managing sales revenue decline and addressing analyst inquiries on various operational aspects.

Caterpillar reports solid Q3 earnings, eyes growth amid industry challenges

CAT's Q3 performance showcased strong profitability and cash flow despite revenue decline, driven by demand in Energy & Transportation.
While facing challenges in margin sustainability and industry dynamics, CAT's investments in new technologies and sustainability initiatives position it for growth.
Opportunities in sustaining demand, addressing concerns, and leveraging backlog indicate a positive outlook for CAT's future performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Caterpillar (CAT) is poised well on solid demand in markets, backlog levels and expected benefits from its strategic initiatives.

Caterpillar (CAT) Bets on Improving Demand Amid High Costs

AbbVie

Abbott Labs

Archer-Daniels-Midland Company

Automatic Data Processing

Aflac

Albemarle

Amcor Plc

A. O. Smith

Air Products and Chemicals

Atmos Energy

Becton, Dickinson and Co.

Franklin Resources

Brown & Brown

Cardinal Health

Chubb

Church & Dwight

C.H. Robinson Worldwide

Cincinnati Financial

Colgate-Palmolive

Clorox

Cintas Corp

Chevron

Dover

Ecolab

The S&P 500 Dividend Aristocrats Index contains 67 dividend growth stocks called the Dividend Aristocrats. I rank the Dividend Aristocrats by quality score and provide undervalued stocks for further research and investment.

29 Undervalued Dividend Aristocrats: December 2023

Microsoft

Canadian National Railway Company

Waste Management

Following successful investors can give insights to where they see opportunity and Bill Gates has some interesting thoughts on where to put money.

Bill Gates Has $34 Billion Invested in Just 5 Stocks

Caterpillar (CAT) demonstrates its first battery electric underground mining truck, in sync with its target to provide more sustainable choices for the underground mining industry.

Caterpillar (CAT) Demos Battery Electric Underground Mining Truck

IRVING, Texas , Dec. 19, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) has successfully demonstrated its first battery electric prototype underground mining truck, growing its portfolio of battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont and other industry leaders, at the company's proving ground in Tasmania, Australia, comes on the heels of the 793 battery electric prototype surface mining truck, which was unveiled in November of 2022.

Caterpillar Successfully Demonstrates to Newmont its Expanding Portfolio of Sustainable Underground Solutions and Technologies

Boeing

We believe Caterpillar stock (NYSE: CAT) is a better pick than Boeing stock (NYSE: BA) for the next three years. Although these companies are in different businesses, we compare them given that they belong to the same sector - Industrial.

Following A 39% Rise This Year Is Boeing Stock A Better Pick Over Caterpillar?

I typically writes about equities I already own. I am typically interested in stocks that pay a substantial dividend. This article will focus on the Dividend Aristocrat Caterpillar that is a significant portion of my portfolio.

Caterpillar: Low Dividend Yield, But Still A Solid Pillar For Portfolio Construction

Caterpillar (CAT) reachead $285.71 at the closing of the latest trading day, reflecting a -0.01% change compared to its last close.

Caterpillar (CAT) Stock Sinks As Market Gains: Here's Why

Emerson Electric

General Motors

Medtronic

Realty Income Corp

Verizon

Walmart

Dividend stocks are about to enjoy a renaissance. Just look what happened with Costco (NASDAQ: COST ) last week – the warehouse giant announced a special $15 cash dividend and shares soared to new all-time highs.

7 Undervalued Dividend Stocks to Buy for a Bargain

Apple

General Mills

Hormel Foods

Procter & Gamble

Starbucks

AT&T

With the markets at or near all time highs, after a wild up and down 2023, I could find comfort in one thing, my dividends. As we all know, the market may move up and down irrationally and seemingly on a whim, while our dividends remain much more stable, reliable and predictable. Another four figures coming in a particular month is nothing to sneeze at. I'll definitely take it, as passive income always seems a little sweeter than active income.

Dividend Income Update November 2023

Ford Motor Company

Six of the seven Magnificent Seven stocks were down or even, but many other struggling stocks received a tailwind from the Fed's dovish meeting on Wednesday.

Cramer points to stocks receiving tailwind from Fed's dovish meeting

Aptiv Holdings Ltd

Fluor

Industrial stocks have multiple, strong, positive catalysts at this point. Among these catalysts are falling interest rates, the continued resilience of consumers and economic and high government spending on infrastructure.

3 Heavily Undervalued Industrial Stocks to Buy in December

FedEx

Industrial Select Sector SPDR Fund

The risk of declines is greater now, partly because the stocks are more expensive.

Industrial Stocks Are Hitting New Highs. What They Need Now.

IRVING, Texas , Dec. 14, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced today that Jason Kaiser, senior vice president of the Electric Power Division, has been appointed to Group President of the Energy & Transportation (E&T) segment, effective Jan. 1, 2024. In this role, Kaiser will have responsibility for the Rail Division, Solar Turbines, Large Power Systems Division, Industrial Power Systems Division, Electric Power Division (EPD), Caterpillar Oil & Gas and Marine Division (COGMD), Cat Reman® and Electrification and Energy Solutions Division.

Caterpillar Appoints New Energy & Transportation Group President

Salesforce

Cisco Systems

McDonald's

Visa

There are many reasons for optimism as the U.S. economy continues improving. America's GDP growth continued to move in the right direction and soared by 5.2% in the third quarter.

The 7 Best Dow Stocks to Buy as America's GDP Growth Soars

H&E Equipment Services

Manitowoc Company

Terex

Despite the ongoing weakness in the order levels, the Zacks Manufacturing - Construction and Mining industry will gain from higher investment spending in the United States and demand from the mining sector. Companies like CAT, TEX, HEES, and MTW are positioning themselves to leverage these trends.

4 Construction & Mining Equipment Stocks Defying Industry Odds

Gold, copper, and silver producer Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) has announced the arrival of a cutting-edge Caterpillar underground mining fleet at its Gedabek mine site in Azerbaijan.  This development marks a milestone, as the first deployment of such equipment in the country, and it's notably backed by substantial vendor financing from Caterpillar - another first in the region.

Anglo Asian receives cutting-edge Caterpillar equipment at Gebadek site, Azerbaijan

Caterpillar has a higher market share, average net margin, return on assets, liquidity, and leverage ratios than its peers for the past five years. Caterpillar's price target of $249 - $317.88, based on my analysis, makes it a good buy recommendation at the current price. Much better-than-expected third-quarter results add to its list of pros rather than cons.

Caterpillar: Solid Q3 And Strong Fundamentals Make It A Buy

Caterpillar is investing in recycling technology developer Nth Cycle as part of a push to boost the reuse of metals used to make batteries and construction equipment.

Caterpillar invests in tech startup Nth Cycle to boost recycling

News for Caterpillar Stock (CAT)