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 Inc. CAT shares are climbing on Wednesday, after the company reported strong second-quarter results.

Caterpillar Is 'Holding The Line' On Earnings, Despite Macro Slowdown: Analyst Takeaways From Q2 Results

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining more than 2% on Tuesday.

S&P 500 Surges Over 2%; Caterpillar Earnings Beat Estimates

Caterpillar, Inc. CAT shares are trading higher today after the company reported second-quarter FY24 results. Goldman Sachs analyst Jerry Revich maintained a Buy rating with a price target of $408.

Caterpillar To See Margin Gains As Inventory Levels Normalize: Goldman Sachs

Management lowered its full-year sales guidance but increased profit guidance. The company's end markets are slowing, but Caterpillar's higher margin performance appears to be sticky.

Here's Why Caterpillar Stock Is Outperforming Today

Caterpillar's (CAT) second-quarter 2024 earnings improve year over year, buoyed by the upbeat performance of the Energy & Transportation segment, offsetting weaker performance in other segments.

Caterpillar (CAT) Q2 Earnings Top Estimates on Favorable Pricing

Caterpillar Inc. (NYSE:CAT ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Ryan Fiedler - Vice President of Investor Relations James Umpleby - Chairman and Chief Executive Officer Andrew Bonfield - Chief Financial Officer Conference Call Participants Chad Dillard - Bernstein Jamie Cook - Truist Securities Stephen Volkmann - Jefferies Robert Wertheimer - Melius Research David Raso - Evercore ISI Michael Feniger - Bank of America Jerry Revich - Goldman Sachs Tami Zakaria - JP Morgan Mircea Dobre - Baird Kyle Menges - Citi Steven Fisher - UBS Angel Castillo - Morgan Stanley Timothy Thein - Raymond James Nicole DeBlase - Deutsche Bank Operator Welcome to the Second Quarter 2024 Caterpillar Earnings Conference Call. Please be advised that today's conference is being recorded.

Caterpillar Inc. (CAT) Q2 2024 Earnings Call Transcript

The headline numbers for Caterpillar (CAT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Caterpillar (CAT) Reports Q2 Earnings: What Key Metrics Have to Say

Caterpillar Inc.  (NYSE:CAT) stock is up 3.2% to trade at $326.79 at last check, after the blue chip reported better-than-expected earnings and revenue for the second quarter.

Caterpillar Stock Draws in Bears Despite Earnings Win

Caterpillar's NYSE: CAT stock price was not immune to the threat of recession, but its Q2 results disprove the idea that the global economy is on the brink now. The report highlights outperformance on the top and bottom lines driven by sequential improvements in all segments and regions.

Caterpillar: The Rebound Is On, New Highs In Sight

Caterpillar Inc (NYSE:CAT, ETR:CAT1) has reported higher than expected second quarter profit despite a slip in sales. Adjusted per share profit came in at $5.99, Caterpillar reported on Tuesday, against $5.55 last year and above consensus expectations for $5.54.

Caterpillar delivers profit beat despite sluggish sales

Caterpillar earnings trounced estimates as stock buybacks helped offset lower sales. CAT stock rebounded, lifting the Dow Jones after Monday's crash.

Big CAT Earnings Beat, Thanks To Buybacks, Lifts Dow Jones After 1,000-Point Loss

Caterpillar (CAT) came out with quarterly earnings of $5.99 per share, beating the Zacks Consensus Estimate of $5.53 per share. This compares to earnings of $5.55 per share a year ago.

Caterpillar (CAT) Q2 Earnings Surpass Estimates

Caterpillar (CAT) shares are rising in premarket trading Tuesday as the construction vehicle maker's second-quarter profits beat analysts' estimates, offsetting another quarter of revenue falling short of expectations.

Caterpillar Rises as Profits Beat Estimates Despite Lower Sales

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Vulcan Materials

As government initiatives continue to channel significant funds into revitalizing America's infrastructure, the appeal of infrastructure stocks seems more vibrant than ever. A notable driver behind this excitement is the Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law ( BIL ), signed into law in November 2021 and still running today.

3 Infrastructure Stocks Positioned for Potential Government Spending

Shares of Caterpillar Inc. CAT, -1.27% bounced 1.6% in premarket trading Tuesday, after the construction and mining equipment company reported second-quarter profit that beat expectations, while revenue missed again as changes in dealer inventories led to lower sales volumes. Net income fell to $2.68 billion, or $5.48 a share, from $2.92 billion, or $5.67 a share, in the same period a year ago.

Caterpillar's stock rallies after profit beat offsets another revenue miss

Second-quarter 2024 profit per share of $5.48; adjusted profit per share of $5.99 Enterprise operating cash flow was $3.0 billion in the second quarter of 2024 Deployed $2.5 billion of cash for share repurchases and dividends in the second quarter Second Quarter ($ in billions except profit per share) 2024 2023 Sales and Revenues $16.7 $17.3 Profit Per Share $5.48 $5.67 Adjusted Profit Per Share $5.99 $5.55 Please see a reconciliation of GAAP to non-GAAP financial measures in the appendix on pages 13 and 14.   IRVING, Texas , Aug. 6, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced second-quarter 2024 results.

Caterpillar Reports Second-Quarter 2024 Results

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This marks the last peak week of the Q2 earnings season with 3,908 companies expected to report. Earnings have come in better-than-expected, but tend to be overshadowed by economic data. Outlier earnings this week include: CSX, CAT, and VFC.

The Final Peak Week Of The Q2 Season Begins Amid Souring Economic Data

Cat reports quarterly earnings Tuesday morning. Wall Street is looking for earnings per share of $5.54 from sales of $16.8 billion.

Caterpillar Earnings Are Coming. Investors Will Want To Hear About The Economy.

Caterpillar Inc. CAT is expected to release earnings results for its second quarter, before the opening bell on Tuesday, Aug. 6.

How To Earn $500 A Month From Caterpillar Stock Ahead Of Q2 Earnings

Caterpillar (NYSE: CAT) will report its Q2 2024 results on Tuesday, August 6. We expect the company's revenues to come in at $16.8 billion and adjusted earnings of $5.56 per share, both slightly above the consensus estimates.

What To Expect From Caterpillar's Q2?

Caterpillar stock is a top pick on my watch list, but I haven't purchased it yet. Many of Caterpillar's peers are painting a picture concerning investors. Caterpillar's Q2 report is delicate and could lead to high volatility if the company fails to meet high expectations.

Caterpillar: Every Good Tale Must Come To An End

CRH PLC

United Rentals

It is no secret that the crumbling and outdated U.S. infrastructure needs an upgrade. Finally, after years of inaction, the federal government has taken measures to address this issue.

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The U.S. desperately needs better infrastructure, which, if addressed soon, could create a massive boom in infrastructure stocks. Right now, we're in bad shape.

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Caterpillar's (CAT) Q2 results are likely to reflect the impacts of a y/y decline in volumes, which is expected to have been partially offset by favorable price realization and manufacturing costs.

News for Caterpillar Stock (CAT)