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

Shares of Caterpillar have rocketed higher since late October. The industrial giant handily grew sales and adjusted profits per share in the third quarter. Caterpillar's interest coverage ratio through the first nine months of 2023 was robust.

Caterpillar: Up 29%, Is This Dividend Aristocrat A Buy Now?

Deere & Company

NextEra Energy

With a new investing year upon us, investors are on the hunt for the best bargain stocks to buy. Last year was certainly a great year for investing, making it even more pronounced to be extremely selective in 2024.

The 3 Best Bargain Stocks to Buy in January 2024

Oshkosh

A key component of income investing is a portfolio that includes safe dividends, those that are unlikely to shrink or disappear.

Just How Safe Is Caterpillar Stock's Dividend?

Caterpillar is the smallest holding in my dividend growth portfolio, accounting for 3.2% of the total portfolio value. The market is currently expecting a soft landing for Caterpillar, with analysts projecting 7% EPS growth in 2025 and 13% EPS growth in 2026. Caterpillar benefits from strong secular growth, including the anticipated surge in demand for commodities like copper and nickel for renewable technologies.

Caterpillar Could Fly Higher If Cyclical And Secular Tailwinds Align

CRH PLC

IRVING, Texas , Jan. 8, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced it has signed an electrification strategic agreement with CRH (NYSE: CRH) to advance the deployment of Caterpillar's zero-exhaust emissions solutions. CRH is the number one aggregates producer in North America and the first company in that industry to sign such an agreement with Caterpillar.

Caterpillar Signs Strategic Agreement with CRH for Electric Off-Highway Trucks and Charging Solutions

Apple

Canadian National Railway Company

Canadian Pacific Kansas City Limited

Dell Technologies

Hudson Technologies

Microsoft

Terex

There are many uncertainties about 2024 and the direction the economy is going to go. Yet, I see three tailwinds that should in any case help three stocks. In three different industries, with no mention of AI, I see three interesting picks I want to share with my readers.

3 Stocks With Strong Tailwinds In 2024

AppLovin Corp

AeroVironment

BuildABear

United States Brent Oil Fund LP

Canadian Solar

DraftKings

Ecolab

EHang Holdings Ltd - ADR

Gigacloud Tech

Intel

Coca-Cola

Karat Packaging

monday.com

Nintendo

Obsidian Energy Ltd

On Holding AG

PayPal

TriNet Group

Take-Two Interactive Software

Seeking Alpha welcomes 25 new analysts who have published their first articles in December 2023. The new analysts cover a wide range of areas of interest, including long/short equity, growth, tech, value, and more. We've compiled all of their firsts here for your review and to showcase the new perspectives being offered on the platform. We've added a summary table this time as well.

Showcasing Seeking Alpha's December 2023 New Analysts

NVIDIA

Dow Jones leader Caterpillar is in buy range after a recent breakout, while AI giant Nvidia stock is at a key crossroads.

Dow Jones Leader Caterpillar In Buy Area; AI Giant Nvidia At Crossroads

Honeywell

Uber

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements.

Uber, Honeywell And Other Industrials Stocks From Wall Street's Most Accurate Analysts - Honeywell Intl (NASDAQ:HON), Caterpillar (NYSE:CAT)

Caterpillar (CAT) is poised well on solid demand in markets, backlog levels and expected benefits from its strategic initiatives.

Caterpillar (CAT) Bets on Improving Demand Amid High Costs

AbbVie

Abbott Labs

Archer-Daniels-Midland Company

Automatic Data Processing

Aflac

Albemarle

Amcor Plc

A. O. Smith

Air Products and Chemicals

Atmos Energy

Becton, Dickinson and Co.

Franklin Resources

Brown & Brown

Cardinal Health

Chubb

Church & Dwight

C.H. Robinson Worldwide

Cincinnati Financial

Colgate-Palmolive

Clorox

Cintas Corp

Chevron

Dover

The S&P 500 Dividend Aristocrats Index contains 67 dividend growth stocks called the Dividend Aristocrats. I rank the Dividend Aristocrats by quality score and provide undervalued stocks for further research and investment.

29 Undervalued Dividend Aristocrats: December 2023

Waste Management

Following successful investors can give insights to where they see opportunity and Bill Gates has some interesting thoughts on where to put money.

Bill Gates Has $34 Billion Invested in Just 5 Stocks

Caterpillar (CAT) demonstrates its first battery electric underground mining truck, in sync with its target to provide more sustainable choices for the underground mining industry.

Caterpillar (CAT) Demos Battery Electric Underground Mining Truck

IRVING, Texas , Dec. 19, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) has successfully demonstrated its first battery electric prototype underground mining truck, growing its portfolio of battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont and other industry leaders, at the company's proving ground in Tasmania, Australia, comes on the heels of the 793 battery electric prototype surface mining truck, which was unveiled in November of 2022.

Caterpillar Successfully Demonstrates to Newmont its Expanding Portfolio of Sustainable Underground Solutions and Technologies

Boeing

We believe Caterpillar stock (NYSE: CAT) is a better pick than Boeing stock (NYSE: BA) for the next three years. Although these companies are in different businesses, we compare them given that they belong to the same sector - Industrial.

Following A 39% Rise This Year Is Boeing Stock A Better Pick Over Caterpillar?

I typically writes about equities I already own. I am typically interested in stocks that pay a substantial dividend. This article will focus on the Dividend Aristocrat Caterpillar that is a significant portion of my portfolio.

Caterpillar: Low Dividend Yield, But Still A Solid Pillar For Portfolio Construction

News for Caterpillar Stock (CAT)