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Sales and revenues for Irving, Texas-based Caterpillar hit $67.1 billion in 2023, a record for the company and 13% increase over 2022. Fourth-quarter sales and revenues in 2023 were $17.1 billion.
Caterpillar's mixed results The company's end markets are slowing, and Wall Street expects its full-year revenue to decline by 1.5%. Moreover, Caterpillar slightly lowered its sales expectations.
Caterpillar (NYSE:CAT), a global leader in construction and mining equipment manufacturing, reported mixed fourth-quarter 2024 earnings on Thursday, Jan. 30.While adjusted earnings per share (EPS ...
Caterpillar Inc., also known as Cat, is an American construction, mining and other engineering equipment manufacturer. [6] The company is the world's largest manufacturer of construction equipment. [3] [7] [8] In 2018, Caterpillar was ranked number 73 on the Fortune 500 list [9] and number 265 on the Global Fortune 500 list. [10]
Machinery, energy, and transportation (ME&T) free cash flow (FCF): Down from $10 billion in 2023 to $9.4 billion in 2024 Caterpillar reports ME&T cash flows separately since it also has a ...
Caterpillar's profit is expected to plunge 77% year-on-year to 64 cents a share, according to IBES data from Refinitiv. When Caterpillar Inc <CAT.N> reports earnings on Friday, investors will look ...
The company continues to bask in the afterglow of a significant quarterly earnings beat.
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