Caterpillar Inc. (BVMF:CATP34)

Caterpillar Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	59,615	61,363	63,869	56,574	48,188	39,022
Other Revenue	3,524	3,446	3,191	2,853	2,783	2,726
Revenue	63,139	64,809	67,060	59,427	50,971	41,748
Revenue Growth (YoY)	-4.87%	-3.36%	12.84%	16.59%	22.09%	-22.40%
Cost of Revenue	40,159	40,199	42,767	41,350	35,513	29,082
Gross Profit	19,642	21,088	21,275	15,565	13,189	10,127
Selling, General & Admin	5,713	5,716	5,619	4,110	3,433	3,957
Research & Development	2,083	2,107	2,108	1,814	1,686	1,415
Other Operating Expenses	-89	-298	-120	-115	-204	-80
Operating Expenses	7,707	7,525	7,607	5,809	4,915	5,292
Operating Income	11,935	13,563	13,668	9,756	8,274	4,835
Interest Expense	-524	-512	-511	-443	-488	-514
Interest & Investment Income	408	482	494	167	80	112
Earnings From Equity Investments	31	44	63	19	31	14
Currency Exchange Gain (Loss)	-131	71	-96	104	110	-193
Other Non Operating Income (Expenses)	65	-29	155	234	124	58
EBT Excluding Unusual Items	11,784	13,619	13,773	9,837	8,131	4,312
Merger & Restructuring Charges	-82	-241	-670	-84	-31	-311
Impairment of Goodwill	-	-	-	-925	-	-
Gain (Loss) on Sale of Investments	58	39	11	-56	134	37
Other Unusual Items	-	-	-1	-1	1	-29
Pretax Income	11,760	13,417	13,113	8,771	8,235	4,009
Income Tax Expense	2,325	2,629	2,781	2,067	1,742	1,006
Earnings From Continuing Operations	9,435	10,788	10,332	6,704	6,493	3,003
Minority Interest in Earnings	2	4	3	1	-4	-5
Net Income	9,437	10,792	10,335	6,705	6,489	2,998
Net Income to Common	9,437	10,792	10,335	6,705	6,489	2,998
Net Income Growth	-14.26%	4.42%	54.14%	3.33%	116.44%	-50.80%
Shares Outstanding (Basic)	478	487	511	527	544	544
Shares Outstanding (Diluted)	480	489	514	530	549	549
Shares Change (YoY)	-4.32%	-4.71%	-3.17%	-3.30%	-0.02%	-3.33%
EPS (Basic)	19.76	22.17	20.24	12.73	11.93	5.51
EPS (Diluted)	19.66	22.05	20.12	12.64	11.83	5.46
EPS Growth	-10.39%	9.59%	59.18%	6.85%	116.67%	-49.16%
Free Cash Flow	7,740	8,820	9,793	5,167	4,726	4,212
Free Cash Flow Per Share	16.13	18.02	19.07	9.74	8.62	7.68
Dividend Per Share	5.740	5.530	5.100	4.710	4.360	4.120
Dividend Growth	8.10%	8.43%	8.28%	8.03%	5.83%	4.30%
Gross Margin	31.11%	32.54%	31.72%	26.19%	25.87%	24.26%
Operating Margin	18.90%	20.93%	20.38%	16.42%	16.23%	11.58%
Profit Margin	14.95%	16.65%	15.41%	11.28%	12.73%	7.18%
Free Cash Flow Margin	12.26%	13.61%	14.60%	8.70%	9.27%	10.09%
EBITDA	14,057	15,646	15,812	11,975	10,626	7,267
EBITDA Margin	22.26%	24.14%	23.58%	20.15%	20.85%	17.41%
D&A For EBITDA	2,122	2,083	2,144	2,219	2,352	2,432
EBIT	11,935	13,563	13,668	9,756	8,274	4,835
EBIT Margin	18.90%	20.93%	20.38%	16.42%	16.23%	11.58%
Effective Tax Rate	19.77%	19.60%	21.21%	23.57%	21.15%	25.09%
Revenue as Reported	63,139	64,809	67,060	59,427	50,971	41,748

Source: S&P Global Market Intelligence. Standard template. Financial Sources.