Caterpillar Inc. (ETR:CAT1)

Caterpillar Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	61,363	63,869	56,574	48,188	39,022
Other Revenue	3,446	3,191	2,853	2,783	2,726
Revenue	64,809	67,060	59,427	50,971	41,748
Revenue Growth (YoY)	-3.36%	12.84%	16.59%	22.09%	-22.40%
Cost of Revenue	40,199	42,767	41,350	35,513	29,082
Gross Profit	21,088	21,275	15,565	13,189	10,127
Selling, General & Admin	5,716	5,619	4,110	3,433	3,957
Research & Development	2,107	2,108	1,814	1,686	1,415
Other Operating Expenses	-298	-120	-115	-204	-80
Operating Expenses	7,525	7,607	5,809	4,915	5,292
Operating Income	13,563	13,668	9,756	8,274	4,835
Interest Expense	-512	-511	-443	-488	-514
Interest & Investment Income	482	494	167	80	112
Earnings From Equity Investments	44	63	19	31	14
Currency Exchange Gain (Loss)	71	-96	104	110	-193
Other Non Operating Income (Expenses)	-29	155	234	124	58
EBT Excluding Unusual Items	13,619	13,773	9,837	8,131	4,312
Merger & Restructuring Charges	-241	-670	-84	-31	-311
Impairment of Goodwill	-	-	-925	-	-
Gain (Loss) on Sale of Investments	39	11	-56	134	37
Other Unusual Items	-	-1	-1	1	-29
Pretax Income	13,417	13,113	8,771	8,235	4,009
Income Tax Expense	2,629	2,781	2,067	1,742	1,006
Earnings From Continuing Operations	10,788	10,332	6,704	6,493	3,003
Minority Interest in Earnings	4	3	1	-4	-5
Net Income	10,792	10,335	6,705	6,489	2,998
Net Income to Common	10,792	10,335	6,705	6,489	2,998
Net Income Growth	4.42%	54.14%	3.33%	116.44%	-50.80%
Shares Outstanding (Basic)	487	511	527	544	544
Shares Outstanding (Diluted)	489	514	530	549	549
Shares Change (YoY)	-4.71%	-3.17%	-3.30%	-0.02%	-3.33%
EPS (Basic)	22.17	20.24	12.73	11.93	5.51
EPS (Diluted)	22.05	20.12	12.64	11.83	5.46
EPS Growth	9.59%	59.18%	6.85%	116.67%	-49.16%
Free Cash Flow	8,820	9,793	5,167	4,726	4,212
Free Cash Flow Per Share	18.02	19.07	9.74	8.62	7.68
Dividend Per Share	5.530	5.100	4.710	4.360	4.120
Dividend Growth	8.43%	8.28%	8.03%	5.83%	4.30%
Gross Margin	32.54%	31.73%	26.19%	25.88%	24.26%
Operating Margin	20.93%	20.38%	16.42%	16.23%	11.58%
Profit Margin	16.65%	15.41%	11.28%	12.73%	7.18%
Free Cash Flow Margin	13.61%	14.60%	8.69%	9.27%	10.09%
EBITDA	15,646	15,812	11,975	10,626	7,267
EBITDA Margin	24.14%	23.58%	20.15%	20.85%	17.41%
D&A For EBITDA	2,083	2,144	2,219	2,352	2,432
EBIT	13,563	13,668	9,756	8,274	4,835
EBIT Margin	20.93%	20.38%	16.42%	16.23%	11.58%
Effective Tax Rate	19.59%	21.21%	23.57%	21.15%	25.09%
Revenue as Reported	64,809	67,060	59,427	50,971	41,748

Source: S&P Capital IQ. Standard template. Financial Sources.