Caterpillar Inc
CAT
ISIN US1491231015 / Valor 916546
Caterpillar Inc
UMushroom community rating:
About company
Caterpillar Inc., with 2023 sales and revenues of $67.1 billion, stands as the world's premier manufacturer in the construction and mining equipment sector, as well as a leading producer of off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company, which has been operational for nearly a century, operates globally through its extensive dealer network, offering a wide range of products and services designed to meet the diverse needs of its customers. Caterpillar's operations are segmented into three primary divisions: Construction Industries, Resource Industries, and Energy & Transportation. Additionally, it provides financing and related services through its Financial Products segment. Caterpillar's commitment to innovation and quality has cemented its position as an industry leader, supporting customers worldwide in various sectors.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (17.12.2024):
Sales and Revenues
Caterpillar Inc. reported sales and revenues of $16.1 billion for the third quarter of 2024, marking a 4% decrease from the $16.8 billion recorded in the same quarter of 2023. This decline was primarily attributed to lower sales volume.
Profit Per Share
In the third quarter of 2024, Caterpillar Inc.'s profit per share was $5.06, compared to $5.45 in the third quarter of 2023. The adjusted profit per share for the same period was $5.17, down from $5.52 in the previous year.
Operating Profit Margin
The operating profit margin for Caterpillar Inc. in the third quarter of 2024 was 19.5%, a slight decrease from 20.5% in the third quarter of 2023. The adjusted operating profit margin was 20.0% for the third quarter of 2024, compared to 20.8% in the previous year.
Cash Flow and Deployment
Caterpillar Inc. generated an enterprise operating cash flow of $3.6 billion in the third quarter of 2024. The company ended the quarter with $5.6 billion in enterprise cash and deployed $1.5 billion for share repurchases and dividends.
CEO Statement
Chairman and CEO Jim Umpleby expressed gratitude to the global team for delivering strong adjusted operating profit margin and adjusted profit per share, while generating robust ME&T free cash flow. He highlighted the benefits of the diversity of Caterpillar Inc.'s end markets in the third-quarter results.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
177464 M
Market cap (USD)
267,781
Daily traded volume (Shares)
367.57 / 362.72
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
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P/E ratio
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EPS (USD)
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Ratings & reviews
Tej Ram Kumpakha
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