← CATERPILLAR INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $35.8b
$42.7b +19.30%
$54.7b +28.23%
$53.8b -1.68%
$41.7b -22.40%
$51.0b +22.09%
$59.4b +16.59%
$67.1b +12.84%
$64.8b -3.36%
$67.6b +4.29%
$74.7b +10.56%
Total sales and revenues $38.5b
$45.5b +17.97%
$54.7b +20.37%
$53.8b -1.68%
$41.7b -22.40%
$51.0b +22.09%
$59.4b +16.59%
$67.1b +12.84%
$64.8b -3.36%
$67.6b +4.29%
—
Cost of Revenue $28.3b
$31.0b +9.68%
$37.0b +19.16%
$36.6b -0.99%
$29.1b -20.61%
$35.5b +22.11%
$41.4b +16.44%
$42.8b +3.43%
$33.0m -99.92%
$49.0m +48.48%
$50.5b +102902.04%
Cost of goods sold $28.3b
$31.0b +9.68%
$37.0b +19.16%
$36.6b -0.99%
$29.1b -20.61%
$35.5b +22.11%
$41.4b +16.44%
$42.8b +3.43%
$40.2b -6.00%
$44.8b +11.33%
$50.5b +12.78%
Gross Profit (Calculated) $10.2b
$14.4b +40.92%
$17.7b +22.98%
$17.2b -3.13%
$12.7b -26.23%
$15.5b +22.04%
$18.1b +16.94%
$24.3b +34.39%
$64.8b +166.64%
$67.5b +4.27%
—
Research and Development Expense $2.0b $1.9b $1.9b $1.7b $1.4b $1.7b $1.8b $2.1b $2.1b $2.1b $2.3b
Selling, General and Administrative Expense $4.7b $5.2b $5.5b $5.2b $4.6b $5.4b $5.7b $6.4b $6.7b $7.0b $7.5b
Amortization of Intangible Assets $326.0m $323.0m $331.0m $324.0m $311.0m $302.0m $284.0m $218.0m $176.0m $169.0m —
Operating Lease, Lease Income — — — $1.2b $1.1b $1.1b $1.1b $1.2b $1.2b $1.2b —
Restructuring Costs — — — — — — — — $359.0m $445.0m —
Operating Expenses $38.0b $41.1b $46.4b $45.5b $37.2b $44.1b $51.5b $54.1b $51.7b $56.4b $61.6b
Total operating costs $38.0b $41.1b $46.4b $45.5b $37.2b $44.1b $51.5b $54.1b $51.7b $56.4b —
Operating Income (Loss) $498.0m
$4.4b +784.74%
$8.3b +88.22%
$8.3b -0.04%
$4.6b -45.08%
$6.9b +51.07%
$7.9b +14.92%
$13.0b +64.04%
$13.1b +0.82%
$11.2b -14.70%
$13.1b +17.41%
Other Operating Income (Expense), Net ($1.9b) ($2.3b) ($1.4b) ($1.3b) $1.5b ($1.1b) ($1.2b) ($1.8b) ($1.5b) ($1.2b) —
Interest expense excluding Financial Products $505.0m $531.0m $404.0m $421.0m $514.0m $488.0m $443.0m $511.0m $512.0m $502.0m $529.0m
Interest expense of Financial Products $596.0m $646.0m $722.0m $754.0m $589.0m $455.0m $565.0m $1.0b $1.3b $1.4b $529.0m
Investment Income, Net $74.0m $122.0m $195.0m $202.0m $112.0m $80.0m $167.0m $494.0m $482.0m $416.0m —
Debt and Equity Securities, Gain (Loss) — — — $35.0m $37.0m $134.0m ($56.0m) $11.0m $39.0m $30.0m —
Foreign Currency Transaction Gain (Loss), before Tax ($57.0m) ($213.0m) ($201.0m) ($67.0m) ($193.0m) $110.0m $104.0m ($96.0m) $71.0m ($168.0m) —
Gain (Loss) on Derivative Instruments, Net, Pretax — — — — — — — — — $10.0m —
Income (Loss) from Equity Method Investments ($6.0m) $16.0m $24.0m $28.0m $14.0m $31.0m $19.0m $63.0m $44.0m $109.0m —
Other Nonoperating Income (Expense) $146.0m $207.0m ($67.0m) ($57.0m) ($44.0m) $1.8b $1.3b $595.0m $813.0m $892.0m —
Other income (expense) $146.0m $207.0m ($67.0m) ($57.0m) ($44.0m) $1.8b $1.3b $595.0m $813.0m $892.0m $1.4b
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($2.1b) $240.0m $2.1b $2.9b $590.0m $2.7b $3.0b $6.5b $6.2b $5.4b $13.9b
Current Income Tax Expense (Benefit) $623.0m $2.1b $1.5b $1.7b $1.1b $2.1b $2.4b $3.4b $3.2b $2.3b $3.3b
Income Tax Expense (Benefit) $192.0m $3.3b $1.7b $1.7b $1.0b $1.7b $2.1b $2.8b $2.6b $2.8b $3.3b
Net Income (Loss) Available to Common Stockholders, Basic ($67.0m)
$754.0m +1225.37%
$6.1b +715.25%
$6.1b -0.88%
$3.0b -50.80%
$6.5b +116.44%
$6.7b +3.33%
$10.3b +54.14%
$10.8b +4.42%
$8.9b -17.68%
$10.8b +22.06%
Net Income (Loss) Attributable to Noncontrolling Interest $8.0m $5.0m $1.0m $1.0m $5.0m $4.0m ($1.0m) ($3.0m) ($4.0m) ($2.0m) $10.8b
Earnings Per Share, Basic ($0.11) $1.27 $10.39 $10.85 $5.51 $11.93 $12.72 $20.24 $22.17 $18.90 $23.34
Earnings Per Share, Diluted ($0.11) $1.26 $10.26 $10.74 $5.46 $11.83 $12.64 $20.12 $22.05 $18.81 $23.22
Common Stock, Dividends, Per Share, Declared $3.08 $3.11 $10.39 $3.95 $4.12 $4.36 $4.71 $5.10 $5.53 $5.94 —
Basic (in shares) $584.3m $591.8m $591.4m $561.6m $544.1m $544.0m $526.9m $510.6m $486.7m $470.0m $464.8m
Diluted (in shares) $584.3m $599.3m $599.4m $567.5m $548.6m $548.5m $530.4m $513.6m $489.4m $472.3m $467.2m
Weighted Average Number of Shares Outstanding, Basic 584.3m 591.8m 591.4m 561.6m 544.1m 544.0m 526.9m 510.6m 486.7m 470.0m 464.8m
Weighted Average Number of Shares Outstanding, Diluted 584.3m 599.3m 599.4m 567.5m 548.6m 548.5m 530.4m 513.6m 489.4m 472.3m 467.2m
Additional Financial Items
Consolidated profit before taxes $139.0m $4.1b $7.8b $7.8b $4.0b $8.2b $8.8b $13.1b $13.4b $11.5b —
Costs and Expenses $38.0b $41.1b $46.4b $45.5b $37.2b $44.1b $51.5b $54.1b $51.7b $56.4b —
Equity in profit (loss) of unconsolidated affiliated companies ($6.0m) $16.0m $24.0m $28.0m $14.0m $31.0m $19.0m $63.0m $44.0m $109.0m —
Goodwill, Impairment Loss $595.0m $0 $0 $0 $0 $0 $925.0m $0 $0 $0 $0
Lease Income — — — $1.8b $1.6b $1.6b $1.5b $1.6b $1.7b $1.7b —
Less: comprehensive income (loss) attributable to the noncontrolling interests $8.0m $5.0m $1.0m $1.0m $5.0m $4.0m ($1.0m) ($3.0m) ($4.0m) ($2.0m) —
Operating profit $498.0m
$4.4b +784.74%
$8.3b +88.22%
$8.3b -0.04%
$4.6b -45.08%
$6.9b +51.07%
$7.9b +14.92%
$13.0b +64.04%
$13.1b +0.82%
$11.2b -14.70%
—
Profit (loss) ($67.0m) $754.0m $6.1b $6.1b $3.0b $6.5b $6.7b $10.3b $10.8b $8.9b —
Profit of consolidated and affiliated companies ($59.0m) $759.0m $6.1b $6.1b $3.0b $6.5b $6.7b $10.3b $10.8b $8.9b —
Profit of consolidated companies ($53.0m) $743.0m $6.1b $6.1b $3.0b $6.5b $6.7b $10.3b $10.7b $8.8b —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.