Caterpillar Inc.

CAT
Sector

Industrials

Industry

Farm & Heavy Construction Machinery

Market Cap

$183.84B

Employees

113.2K

Company Overview

Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company operates through three primary segments - Construction Industries, Resource Industries and Energy & Transportation. Caterpillar builds long-term relationships with customers around the world through a global network of independent dealers and direct sales of certain products.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Total sales and revenues decreased to $16.106 billion in Q3 2024, down from $16.810 billion in Q3 2023, primarily due to lower sales volume in Construction and Resource Industries.

Operating profit margin declined to 19.5% in Q3 2024, compared to 20.5% in Q3 2023, driven by lower sales volume and unfavorable currency impacts.

Diluted profit per share decreased to $5.06 in Q3 2024, down from $5.45 in Q3 2023, reflecting lower sales volume and unfavorable currency impacts.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights