CATERPILLAR INC

10-K & 10-Q Filings

Caterpillar Inc. is a leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company, founded in 1925 and headquartered in the United States, operates through three primary segments: Construction Industries, Resource Industries, and Energy & Transportation. Caterpillar's business strategy focuses on Expanded Offerings, Operational Excellence, Services, and Sustainability. The company's website is caterpillar.com, and its ticker symbol is CAT. The Construction Industries segment supports customers using machinery in infrastructure and building construction. The Resource Industries segment is responsible for customers using machinery in mining and heavy construction and quarry and aggregates. The Energy & Transportation segment supports customers in oil and gas, power generation, marine, rail, and industrial applications. Caterpillar also has a Financial Products segment, which provides financing and related services. Caterpillar's business strategy includes a focus on expanded offerings, operational excellence, services, and sustainability. The company's machinery, energy, and transportation information relates to the design, manufacturing, and marketing of its products. Financial Products information pertains to the financing of Caterpillar products and services. For more information about Caterpillar, visit its website at caterpillar.com.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$60138.00
65875.00
55656.00
55184.00
47011.00
38537.00
45462.00
54722.00
53800.00
41748.00
50971.00
59427.00
67060.00
15862.00
15799.00
0.91%-0.40%Cost of Revenue (-)
$43578.00
47055.00
40727.00
39767.00
33742.00
28309.00
31049.00
36997.00
36630.00
29082.00
35968.00
41915.00
43797.00
10320.00
9960.00
0.04%-3.49%Gross Profit (+)
$16560.00
18820.00
14929.00
15417.00
13269.00
10228.00
14413.00
17725.00
17170.00
12666.00
15003.00
17512.00
23263.00
5542.00
5839.00
2.87%5.36%Selling, General & Administrative (-)
$5203.00
5919.00
5547.00
5697.00
5199.00
4686.00
5177.00
5478.00
5162.00
4642.00
5365.00
5651.00
6371.00
1463.00
1577.00
1.70%7.79%Research & Development (-)
$2297.00
2466.00
2046.00
2135.00
2165.00
1951.00
1905.00
1850.00
1693.00
1415.00
1686.00
1814.00
2108.00
472.00
520.00
-0.71%10.17%Non-recurring Operating Expenses (-)
$
580.00
595.00
925.00
Operating Expenses (-)
$52985.00
57302.00
50028.00
49856.00
43755.00
38039.00
41056.00
46429.00
45510.00
8113.00
8125.00
9608.00
10297.00
2811.00
2320.00
-12.76%-17.47%Costs & Expenses (Total) (-)
$96563.00
104357.00
90755.00
89623.00
77497.00
66348.00
72105.00
83426.00
82140.00
37195.00
44093.00
51523.00
54094.00
13131.00
12280.00
-4.71%-6.48%Operating Income/Loss (+)
$7153.00
8573.00
5628.00
5328.00
3256.00
498.00
4406.00
8293.00
8290.00
4553.00
6878.00
7904.00
12966.00
2731.00
3519.00
5.08%28.85%Non-operating Income/Expense (+)
$-56.00
144.00
-41.00
247.00
106.00
140.00
223.00
-43.00
-29.00
-30.00
1845.00
1310.00
658.00
48.00
166.00
245.83%Interest Expense (-)
$
1103.00
488.00
443.00
511.00
129.00
143.00
10.85%Earnings before Tax (+)
$6725.00
8236.00
5128.00
5083.00
2855.00
139.00
4082.00
7822.00
7812.00
3995.00
8204.00
8752.00
13050.00
2634.00
3532.00
5.68%34.09%Tax Expense (-)
$1720.00
2528.00
1319.00
1380.00
742.00
192.00
3339.00
1698.00
1746.00
1006.00
1742.00
2067.00
2781.00
708.00
688.00
4.09%-2.82%Income/Loss (Continuing Operations) (+)
$5005.00
5708.00
3809.00
3703.00
2113.00
-53.00
743.00
6124.00
6066.00
2989.00
6462.00
6685.00
10269.00
1926.00
2844.00
6.17%47.66%Profit/Loss (+)
$4981.00
5722.00
3803.00
3711.00
2113.00
-59.00
759.00
6148.00
6094.00
3003.00
6493.00
6704.00
10332.00
1942.00
2854.00
6.27%46.96%Net Income/Loss (NCI) (-)
$53.00
41.00
14.00
16.00
11.00
8.00
5.00
1.00
1.00
5.00
4.00
-1.00
-3.00
-1.00
-2.00
-100.00%Net Income/Loss (+)
$4928.00
5681.00
3789.00
3695.00
2102.00
-67.00
754.00
6147.00
6093.00
2998.00
6489.00
6705.00
10335.00
1943.00
2856.00
6.37%46.99%Net Income/Loss (Common) (+)
$4928.00
5681.00
3789.00
3695.00
2102.00
-67.00
754.00
6147.00
6093.00
2998.00
6489.00
6705.00
10335.00
1943.00
2856.00
6.37%46.99%EPS (Basic)
$7.64
8.71
5.87
5.99
3.54
-0.11
1.27
10.39
10.85
5.51
11.93
12.72
20.24
3.76
5.78
8.46%53.72%EPS (Diluted)
$7.40
8.48
5.75
5.88
3.50
-0.11
1.26
10.26
10.74
5.46
11.83
12.64
20.12
3.74
5.75
8.69%53.74%Weighted Avg Shares (Basic)
645.00
652.60
645.20
617.20
594.30
584.30
591.80
591.40
561.60
544.10
544.00
526.90
510.60
516.20
493.90
-1.93%-4.32%Weighted Avg Shares (Diluted)
666.10
669.60
658.60
628.90
601.30
584.30
599.30
599.40
567.50
548.60
548.50
530.40
513.60
519.40
496.90
-2.14%-4.33%Cash
$
9254.00
7004.00
6978.00
6789.00
4959.00
-26.96%Receivables
$10285.00
10092.00
8413.00
16764.00
15686.00
14503.00
16193.00
17452.00
17904.00
16780.00
17375.00
17869.00
18820.00
18349.00
18742.00
5.16%2.14%Inventory
$14544.00
15547.00
12625.00
12205.00
9700.00
8614.00
10018.00
11529.00
11266.00
11402.00
14038.00
16270.00
16565.00
17633.00
16953.00
1.09%-3.86%Prepaid Expenses (Current)
$994.00
988.00
900.00
818.00
1046.00
1682.00
1772.00
1765.00
1739.00
1930.00
2788.00
2642.00
4586.00
2889.00
3010.00
13.59%4.19%Other Assets (Current)
$12305.00
15897.00
16397.00
9080.00
7986.00
7168.00
8261.00
7857.00
8284.00
9352.00
Assets (Current)
$38128.00
42524.00
38335.00
38867.00
34418.00
31967.00
36244.00
38603.00
39193.00
39464.00
43455.00
43785.00
46949.00
45660.00
43664.00
1.75%-4.37%Securities & Long-term Investments
$133.00
272.00
272.00
257.00
246.00
Property, Plant & Equipment (Net)
$14395.00
16461.00
17075.00
16577.00
16090.00
15322.00
14155.00
13574.00
12904.00
12401.00
12090.00
12028.00
12680.00
11973.00
12538.00
-1.05%4.72%Goodwill & Intangibles
$11448.00
10958.00
10552.00
9770.00
9436.00
8369.00
8311.00
8114.00
7761.00
7702.00
7366.00
6046.00
5872.00
6003.00
5793.00
-5.41%-3.50%Other Assets
$17342.00
19141.00
18662.00
19210.00
18307.00
19046.00
18252.00
18218.00
18595.00
18757.00
19882.00
20084.00
21975.00
20013.00
21746.00
1.99%8.66%Assets (Non-current)
$43318.00
46832.00
46561.00
45814.00
44079.00
42737.00
40718.00
39906.00
39260.00
38860.00
39338.00
38158.00
40527.00
37989.00
40077.00
-0.55%5.50%Assets (Total)
$81446.00
89356.00
84896.00
84681.00
78497.00
74704.00
76962.00
78509.00
78453.00
78324.00
82793.00
81943.00
87476.00
83649.00
83741.00
0.60%0.11%Accounts Payable
$14255.00
12331.00
12057.00
12925.00
10581.00
9365.00
12732.00
13503.00
5957.00
11428.00
14748.00
15702.00
16270.00
14440.00
13890.00
1.11%-3.81%Debt (Current)
$3988.00
5287.00
3679.00
4708.00
6967.00
7303.00
4837.00
5723.00
5166.00
11164.00
11756.00
11279.00
13406.00
12165.00
13022.00
10.63%7.04%Other Liabilities (Current)
$10318.00
12137.00
11561.00
10244.00
8755.00
9464.00
9362.00
8992.00
15498.00
3125.00
3343.00
4550.00
5052.00
5237.00
5459.00
-5.78%4.24%Liabilities (Current)
$28561.00
29755.00
27297.00
27877.00
26303.00
26132.00
26931.00
28218.00
26621.00
25717.00
29847.00
31531.00
34728.00
31842.00
32371.00
1.64%1.66%Debt (Non-current)
$24944.00
27752.00
26719.00
27784.00
25247.00
22818.00
23847.00
25000.00
26281.00
25999.00
26033.00
25714.00
24472.00
24873.00
24831.00
-0.16%-0.17%Other Liabilities
$14539.00
14267.00
10002.00
12194.00
12062.00
12541.00
12418.00
11211.00
10922.00
11230.00
10397.00
8807.00
8773.00
8764.00
8894.00
-4.12%1.48%Liabilities (Non-current)
$39483.00
42019.00
36721.00
39978.00
37309.00
35359.00
36265.00
36211.00
37203.00
37229.00
36430.00
34521.00
33245.00
33637.00
33725.00
-1.42%0.26%Liabilities (Total)
$68044.00
71774.00
64018.00
67855.00
63612.00
61491.00
63196.00
64429.00
63824.00
62946.00
66277.00
66052.00
67973.00
65479.00
66096.00
-0.01%0.94%Treasury Stock
$10281.00
10074.00
11854.00
15726.00
17640.00
17478.00
17005.00
20531.00
24217.00
25178.00
27643.00
31748.00
36339.00
32108.00
40039.00
11.10%24.70%Retained Earnings
$25219.00
29558.00
31854.00
33887.00
34208.00
27377.00
26301.00
30427.00
34437.00
35167.00
39282.00
43514.00
51250.00
45457.00
54108.00
6.09%19.03%AOCI
$-6328.00
-6433.00
-3898.00
-6431.00
-6997.00
-2039.00
-1192.00
-1684.00
-1567.00
-888.00
-1553.00
-2457.00
-1820.00
-1746.00
-2093.00
-19.87%Shareholder's Equity
$12929.00
17582.00
20878.00
16826.00
14885.00
13213.00
13766.00
14080.00
14629.00
15378.00
16516.00
15891.00
19503.00
18170.00
17645.00
3.49%-2.89%Liabilities & Equity
$81446.00
89356.00
84896.00
84681.00
78497.00
74704.00
76962.00
78509.00
78453.00
78324.00
82793.00
81943.00
87476.00
83649.00
83741.00
0.60%0.11%Net Income/Loss
$4981.00
5722.00
3803.00
3711.00
2113.00
-59.00
759.00
6148.00
6094.00
3003.00
6493.00
6704.00
10332.00
1942.00
2854.00
6.27%46.96%Depreciation & Amortization
$2527.00
2813.00
3087.00
3163.00
3046.00
3034.00
2877.00
2766.00
2577.00
2432.00
2352.00
2219.00
2144.00
532.00
524.00
-1.36%-1.50%Increase/Decrease in Working Capital
$-7771.00
3683.00
-2819.00
-630.00
-1008.00
-628.00
194.00
4077.00
2930.00
417.00
647.00
1800.00
-151.00
1399.00
1203.00
-14.01%Adjustments to Reconcile Net Income
$2029.00
-481.00
6388.00
4346.00
4562.00
5667.00
4943.00
410.00
818.00
3324.00
705.00
1062.00
2553.00
-369.00
-802.00
1.93%-117.34%Net Cash (Operating)
$7010.00
5241.00
10191.00
8057.00
6675.00
5608.00
5702.00
6558.00
6912.00
6327.00
7198.00
7766.00
12885.00
1573.00
2052.00
5.20%30.45%Capital Expenditure
$-12429.00
1652.00
1508.00
2306.00
2723.00
2220.00
1131.00
2356.00
1522.00
1429.00
1661.00
1856.00
2390.00
585.00
539.00
-7.86%Net Cash (Investing)
$-11427.00
-6190.00
-5046.00
-3627.00
-3517.00
-1760.00
-994.00
-3212.00
-1928.00
-1485.00
-3084.00
-2541.00
-5871.00
-683.00
958.00
240.26%Increase/Decrease in Debt
$26010.00
5377.00
-1611.00
2444.00
-138.00
-1310.00
-2379.00
1840.00
1406.00
-610.00
681.00
-652.00
594.00
-61.00
111.00
-27.02%281.97%Increase/Decrease in Equity
$123.00
52.00
-1872.00
-3999.00
-1992.00
-23.00
566.00
-3487.00
-3809.00
-901.00
-2533.00
-4179.00
-4963.00
-425.00
-4463.00
-950.12%Dividends Paid
$1162.00
1623.00
1124.00
1627.00
1764.00
1807.00
1831.00
1951.00
2132.00
2243.00
2332.00
2440.00
2563.00
620.00
648.00
6.81%4.52%Net Cash (Financing)
$3966.00
3549.00
-4511.00
-2996.00
-3870.00
-3112.00
-3653.00
-3650.00
-4538.00
-3755.00
-4188.00
-7281.00
-6932.00
-1106.00
-5000.00
-352.08%Effect of Exchange Rate
$-84.00
-167.00
-43.00
-174.00
-169.00
-28.00
38.00
-126.00
-44.00
-13.00
-29.00
-194.00
-110.00
-1.00
-30.00
-2900.00%Increase/Decrease in Cash
$-535.00
2433.00
591.00
1260.00
-881.00
708.00
1093.00
-430.00
402.00
1074.00
-103.00
-2250.00
-28.00
-217.00
-2020.00
-830.88%Cash (Beginning)
$
8320.00
7890.00
8292.00
9366.00
9263.00
7013.00
7013.00
6985.00
-0.40%Cash (Ending)
$
7890.00
8292.00
9366.00
9263.00
7013.00
6985.00
6796.00
4965.00
-26.94%NOPAT
$5323.53
5941.56
4180.39
3881.48
2409.78
-189.88
801.97
6492.76
6437.17
3406.49
5417.56
6037.28
10202.90
1996.93
2833.53
5.57%41.89%Gross Margin %
27.54%
28.57%
26.82%
27.94%
28.23%
26.54%
31.70%
32.39%
31.91%
30.34%
29.43%
29.47%
34.69%
34.94%
36.96%
Operating Margin %
11.89%
13.01%
10.11%
9.65%
6.93%
1.29%
9.69%
15.15%
15.41%
10.91%
13.49%
13.30%
19.33%
17.22%
22.27%
NOPAT Margin %
8.85%
9.02%
7.51%
7.03%
5.13%
-0.49%
1.76%
11.86%
11.96%
8.16%
10.63%
10.16%
15.21%
12.59%
17.93%
Net Margin %
8.19%
8.62%
6.81%
6.70%
4.47%
-0.17%
1.66%
11.23%
11.33%
7.18%
12.73%
11.28%
15.41%
12.25%
18.08%
Tax Rate %
25.58%
30.69%
25.72%
27.15%
25.99%
138.13%
81.80%
21.71%
22.35%
25.18%
21.23%
23.62%
21.31%
26.88%
19.48%
ROA
6.54%
6.65%
4.92%
4.58%
3.07%
-0.25%
1.04%
8.27%
8.21%
4.35%
6.54%
7.37%
11.66%
2.39%
3.38%
ROE
41.18%
33.79%
20.02%
23.07%
16.19%
-1.44%
5.83%
46.11%
44.00%
22.15%
32.80%
37.99%
52.31%
10.99%
16.06%
ROIC
20.60%
21.67%
15.13%
14.73%
9.44%
-0.80%
3.57%
29.94%
31.15%
16.95%
12.80%
14.10%
21.97%
4.83%
6.75%
Asset Turnover
0.74
0.74
0.66
0.65
0.60
0.52
0.59
0.70
0.69
0.53
0.62
0.73
0.77
0.19
0.19
Inventory Turnover
3.00
3.03
3.23
3.26
3.48
3.29
3.10
3.21
3.25
2.55
2.56
2.58
2.64
0.59
0.59
Equity Multiplier
6.30
5.08
4.07
5.03
5.27
5.65
5.59
5.58
5.36
5.09
5.01
5.16
4.49
4.60
4.75
Current Ratio
1.33
1.43
1.40
1.39
1.31
1.22
1.35
1.37
1.47
1.53
1.46
1.39
1.35
1.43
1.35
Quick Ratio
0.36
0.34
0.31
0.60
0.60
0.55
0.60
0.62
0.67
0.65
0.89
0.79
0.74
0.79
0.73
Debt/Equity Ratio
2.24
1.88
1.46
1.93
2.16
2.28
2.08
2.18
2.15
2.42
2.29
2.33
1.94
2.04
2.15
Working Capital/Sales
0.45
0.42
0.42
1.48
1.50
R&D/Sales
0.04
0.04
0.04
0.04
0.05
0.05
0.04
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
Dividend Payout Ratio %
21.83%
27.32%
26.89%
41.92%
73.20%
951.63%
228.31%
30.05%
33.12%
65.84%
43.05%
40.42%
25.12%
31.05%
22.87%
Total Payout
$-24971.00
-3806.00
4607.00
3182.00
3894.00
3140.00
3644.00
3598.00
4535.00
3754.00
4184.00
7271.00
6932.00
1106.00
5000.00
352.08%Payout Ratio %
-469.07%
-64.06%
110.20%
81.98%
161.59%
1653.63%
454.38%
55.42%
70.45%
110.20%
77.23%
120.44%
67.94%
55.39%
176.46%