Caterpillar (CAT) Stock

$367.14 1.69 (0.46%)
Market Cap: $177.26B | NYSE

Caterpillar Chart


Company Profile

Price: $367.14

Market Cap: $177.26B

Exchange: NYSE

CEO: Mr. D. James Umpleby III

Sector: Industrials

Industry: Agricultural - Machinery

Employees: 113.20K

Headquarters: Deerfield, IL

Website: Caterpillar

Business Summary

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines worldwide. Its Construction Industries segment offers asphalt pavers, backhoe loaders, compactors, cold planers, compact track and multi-terrain loaders, excavators, motorgraders, pipelayers, road reclaimers, site prep tractors, skid steer loaders, telehandlers, and utility vehicles; mini, small, medium, and large excavators; compact, small, and medium wheel loaders; track-type tractors and loaders; and wheel excavators. The Resource Industries segment provides electric rope shovels, draglines, hydraulic shovels, rotary drills, hard rock vehicles, track-type tractors, mining trucks, longwall miners, wheel loaders, off-highway trucks, articulated trucks, wheel tractor scrapers, wheel dozers, fleet management, landfill compactors, soil compactors, machinery components, autonomous ready vehicles and solutions, select work tools, and safety services and mining performance solutions. The Energy & Transportation segment offers reciprocating engines, generator sets, integrated systems and solutions, turbines and turbine-related services, remanufactured reciprocating engines and components, centrifugal gas compressors, diesel-electric locomotives and components, and other rail-related products and services for marine, oil and gas, industrial, and electric power generation sectors. The company's Financial Products segment provides operating and finance leases, installment sale contracts, working capital loans, and wholesale financing plans; and insurance and risk management products for vehicles, power generation facilities, and marine vessels. The All Other operating segment manufactures filters and fluids, undercarriage, ground engaging tools, etc. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Deerfield, Illinois.

Caterpillar News

The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead

I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my portfolio for this shift, adding to railroads, machinery, and energy stocks. I'm confident these sectors will see strong returns and accelerating dividend growth. Of course, risks remain - geopolitical tensions, inflation, or economic slowdowns could derail this trend. But for now, the risk/reward looks favorable.

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CAT Dips 8% Since Q4 Results: How Should Investors Play the Stock?

Caterpillar Inc. CAT shares have declined 8% since it reported year-over-year declines in its top and bottom lines for the fourth quarter of 2024 on Jan. 30. The dismal performance was led by volume declines across its segments.

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Investors Heavily Search Caterpillar Inc. (CAT): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Caterpillar (CAT). This makes it worthwhile to examine what the stock has in store.

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Nvidia, Caterpillar and other winners and losers from DeepSeek's emergence, according to JPMorgan

Nvidia — whose market cap dropped by $600 billion in a single day on the emergence of the Chinese AI chatbot DeepSeek — is actually going to be a beneficiary of the new service, according to a new report from JPMorgan.

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4 Construction & Mining Equipment Stocks to Watch Amid Industry Woes

The Zacks Industry Rank for the Manufacturing - Construction and Mining industry paints a dull picture. We believe that stocks like CAT, KMTUY, HTCMY and HY are still worth a look.

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Fast Money: GOOGL, CAT, EQT, DSGX

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

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Why Caterpillar Stock Was Slipping Today

Shares of Caterpillar (CAT -2.55%) were pulling back on concerns around new tariffs on goods from Canada, Mexico, and China. Those weighed on the stock market generally, and Caterpillar specifically, as the multinational company is heavily dependent on the global supply chain.

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Trade Tracker: Joe Terranova's ETF sells Caterpillar and Uber

Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to explain why he's selling Caterpillar and Uber out of his ETF.

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What's Next For CAT Stock After A Bleak Outlook?

Caterpillar (NYSE: CAT) recently released its Q4 results, with revenue missing and earnings exceeding the street estimates. It reported revenue of $16.2 billion and adjusted earnings of $5.14 per share, compared to the consensus estimate of $16.4 billion and $5.02, respectively.

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Analysts Divided On Caterpillar's Outlook Amid Pricing Pullback And Market Volatility - Details

BofA Securities analyst Michael Feniger cut the price forecast on Caterpillar, Inc. CAT from $452 to $414 while retaining a Buy rating.

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Caterpillar: Q4 Earnings Report Confirms Negative Macroeconomic Outlook, Indicating Margin Contraction

Higher interest rates and reduced construction lending threaten Caterpillar's recent strong performance, potentially leading to overvaluation and declining sales and profit margins. Analysts' expectations for Caterpillar's EPS and revenue growth are overly optimistic. They overlook temporary high-profit margins and the lack of necessary infrastructure planning. High inventory levels and a slowing construction demand outlook suggest that Caterpillar's sales and profit margins will significantly slow in the coming years.

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Dow Earnings: More on Caterpillar, Microsoft Results

The earnings docket is in focus amid a slew of megacap reports , with a handful of Dow components stepping into the confessional as well.

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Why Caterpillar Stock Slumped 5% Today

Shares of Caterpillar (CAT -4.04%) slumped a little over 5% Thursday morning and were still trading around 4.8% lower as of 12:30 p.m. ET.

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CAT Q4 Earnings Beat, Revenues Lag Estimates on Weak Volumes

Caterpillar's 2024 revenues decline 3% year over year to $64.8 billion. The company projects 2025 revenues to be even lower.

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Caterpillar Has Potential For Multiple Expansion Post Earnings, Goldman Sachs Says

Goldman Sachs analyst Jerry Revich, maintaining a Buy rating and $442 price forecast, expressed views on Caterpillar, Inc.'s CAT mixed fourth quarter FY24 results reported today.

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Caterpillar Stock Slides After Revenue Misses Projections

Caterpillar (CAT) shares dropped after the company's fourth-quarter revenue fell short of expectations before the opening bell Thursday.

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Caterpillar (CAT) Q4 2024 Earnings Call Transcript

Caterpillar Inc. (NYSE:CAT ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Jim Umpleby - Chairman, Chief Executive Officer Andrew Bonfield - Chief Financial Officer Alex Kapper - Vice President, Investor Relations Conference Call Participants Steven Volkmann - Jefferies Michael Feniger - Bank of America Rob Wertheimer - Melius Research David Raso - Evercore ISI Jerry Revich - Goldman Sachs Chad Dillard - Bernstein Jamie Cook - Truist Securities Mig Dobre - Baird Tami Zakaria - JP Morgan Tim Thein - Raymond James Angel Castillo - Morgan Stanley Kristen Owen - Oppenheimer Steven Fisher - UBS Kyle Mendes - Citi Operator Welcome to the fourth quarter 2024 Caterpillar earnings conference call. Please be advised that today's conference is being recorded.

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Caterpillar (CAT) Reports Q4 Earnings: What Key Metrics Have to Say

The headline numbers for Caterpillar (CAT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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Caterpillar Beats EPS, Misses on Revenue

Caterpillar (CAT -4.53%), a global leader in construction and mining equipment manufacturing, reported mixed fourth-quarter 2024 earnings on Thursday, Jan. 30. While adjusted earnings per share (EPS) of $5.14 beat analysts' consensus expectations of $5.02, the company faced challenges as revenue of $16.2 billion fell short of the forecasted $16.61 billion.

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Caterpillar (CAT) Q4 Earnings Surpass Estimates

Caterpillar (CAT) came out with quarterly earnings of $5.14 per share, beating the Zacks Consensus Estimate of $4.97 per share. This compares to earnings of $5.23 per share a year ago.

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Caterpillar misses on revenue again, warns of a decline in 2025

Caterpillar's stock falls after streak of revenue misses was extended, and the full-year outlook was for a surprise decline.

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Caterpillar Reports Fourth-Quarter and Full-Year 2024 Results

Fourth-quarter 2024 sales and revenues were $16.2 billion; full-year sales and revenues were $64.8 billion Fourth-quarter 2024 profit per share of $5.78; adjusted profit per share of $5.14 Full-year profit per share of $22.05; adjusted profit per share of $21.90 Strong enterprise operating cash flow of $12.0 billion; ended the year with $6.9 billion of enterprise cash Deployed $10.3 billion of cash for share repurchases and dividends in 2024 Fourth Quarter Full Year ($ in billions except profit per share) 2024 2023 2024 2023 Sales and Revenues $16.2 $17.1 $64.8 $67.1 Profit Per Share $5.78 $5.28 $22.05 $20.12 Adjusted Profit Per Share $5.14 $5.23 $21.90 $21.21 Please see a reconciliation of GAAP to non-GAAP financial measures in the appendix on pages 14 to 16.   IRVING, Texas , Jan. 30, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced fourth-quarter and full-year results for 2024.

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Caterpillar Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Caterpillar Inc. CAT will release its fourth-quarter financial results, before the opening bell, on Thursday, Jan. 30, 2025.

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Caterpillar Earnings Will Provide Window on China. Construction, Commodities

For the quarter, Wall Street projects earnings per share of $5.05 from sales of $15.8 billion, according to Bloomberg.

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Calls of the Day: Financials, Caterpillar, Datadog and Walmart

The Investment Committee debate the latest Calls of the Day and how to trade them.

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Growth Trends in the Rough Terrain Lift Trucks (RTLT) Market, 2025-2030 - Featuring Profiles of 36 Major Companies, Including Ausa Center, Caterpillar, HARLO Products & J C Bamford Excavators

Dublin, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The "Rough Terrain Lift Trucks (RTLT) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Rough Terrain Lift Trucks (RTLT) was valued at US$61.4 Billion in 2024 and is projected to reach US$68.9 Billion by 2030, growing at a CAGR of 1.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth of the rough terrain lift trucks market is driven by the expansion of infrastructure projects, advances in off-road mobility technologies, and the rising need for durable lifting solutions in rugged conditions. Infrastructure development globally has increased the demand for RTLTs that can reliably operate on challenging terrains.

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Industrial Stocks Reporting Q4 Earnings This Week: CAT, GWW & More

With Q4 earnings anticipated to decline for the Industrial Products sector, here is how CAT, GWW, DOV, AVY and AOS might perform this week.

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Dow Jones Leader Caterpillar Eyes Buy Point Ahead Of Earnings

Dow Jones industrial giant Caterpillar is approaching a fresh buy point ahead of fourth-quarter earnings results. The post Dow Jones Leader Caterpillar Eyes Buy Point Ahead Of Earnings appeared first on Investor's Business Daily.

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CAT Gears Up to Report Q4 Earnings: Buy, Sell or Hold the Stock?

Caterpillar prepares to report Q4 results, which are likely to reflect the impacts of low volumes. We analyze investors' stances on the CAT stock.

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RED CAT ALERT: Bragar Eagel & Squire, P.C. is Investigating Red Cat Holdings, Inc. on Behalf of Red Cat Stockholders and Encourages Investors to Contact the Firm

NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Red Cat Holdings, Inc. (“Red Cat” or the “Company”) (NASDAQ: RCAT) on behalf of Red Cat stockholders. Our investigation concerns whether Red Cat has violated the federal securities laws and/or engaged in other unlawful business practices.

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Caterpillar Earnings

This section highlights Caterpillar's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: April 24, 2025
Time: Before Market
Est. EPS: $4.47
Status: Unconfirmed

Last Earnings Results

Date: January 30, 2025
EPS: $5.14
Est. EPS: $5.06
Revenue: $16.21B

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-01-30 $5.06 $5.14
Read Transcript Q3 2024 2024-10-30 $5.34 $5.17
Read Transcript Q2 2024 2024-08-06 $5.54 $5.99
Read Transcript Q1 2024 2024-04-25 $5.14 $5.60
Read Transcript Q4 2023 2024-02-05 $4.75 $5.23
Read Transcript Q3 2023 2023-10-31 $4.79 $5.52
Read Transcript Q2 2023 2023-08-01 $4.58 $5.55
Read Transcript Q1 2023 2023-04-27 $3.79 $4.91

Financial Statements

Access annual & quarterly financial statements for Caterpillar, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Revenue $67.06B $59.43B $50.97B $41.75B $53.80B
Cost of Revenue $43.80B $41.91B $35.97B $29.67B $37.38B
Gross Profit $23.26B $17.51B $15.00B $12.08B $16.42B
Gross Profit Ratio 34.69% 29.47% 29.43% 28.93% 30.51%
Research and Development Expenses $2.11B $1.81B $1.69B $1.42B $1.69B
General and Administrative Expenses $- $- $- $- $-
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $6.37B $5.65B $5.37B $4.64B $5.16B
Other Expenses $1.82B $1.22B $1.07B $1.47B $1.27B
Operating Expenses $10.30B $8.68B $8.12B $7.52B $8.13B
Cost and Expenses $54.09B $50.60B $44.09B $37.20B $45.51B
Interest Income $494.00M $167.00M $80.00M $112.00M $202.00M
Interest Expense $511.00M $443.00M $488.00M $514.00M $421.00M
Depreciation and Amortization $2.14B $2.22B $2.35B $2.43B $2.58B
EBITDA $15.71B $11.97B $10.63B $7.27B $10.69B
EBITDA Ratio 23.42% 20.76% 21.67% 16.63% 20.09%
Operating Income $12.97B $7.90B $6.88B $4.55B $8.29B
Operating Income Ratio 19.33% 13.30% 13.49% 10.91% 15.41%
Total Other Income Expenses Net $84.00M $848.00M $1.33B $-558.00M $-478.00M
Income Before Tax $13.05B $8.75B $8.20B $4.00B $7.81B
Income Before Tax Ratio 19.46% 14.73% 16.10% 9.57% 14.52%
Income Tax Expense $2.78B $2.07B $1.74B $1.01B $1.75B
Net Income $10.34B $6.71B $6.49B $3.00B $6.09B
Net Income Ratio 15.41% 11.28% 12.73% 7.18% 11.33%
EPS $20.24 $12.73 $11.93 $5.51 $10.85
EPS Diluted $20.12 $12.64 $11.83 $5.46 $10.74
Weighted Average Shares Outstanding 510.60M 526.90M 544.00M 544.10M 561.60M
Weighted Average Shares Outstanding Diluted 513.60M 530.40M 548.50M 548.60M 567.50M
SEC Filing Source Source Source Source Source


Income Statement Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020 December 31, 2019
Revenue $16.11B $16.69B $15.80B $17.07B $16.81B $17.32B $15.86B $16.60B $14.99B $14.25B $13.59B $13.80B $12.40B $12.89B $11.89B $11.23B $9.88B $10.00B $10.63B $13.14B
Cost of Revenue $10.40B $10.45B $9.92B $11.30B $10.86B $11.31B $10.32B $11.80B $10.35B $10.10B $9.66B $10.11B $8.73B $9.00B $8.14B $7.91B $7.06B $7.26B $7.44B $9.30B
Gross Profit $5.70B $6.24B $5.88B $5.77B $5.95B $6.01B $5.54B $4.79B $4.64B $4.15B $3.92B $3.69B $3.67B $3.89B $3.75B $3.32B $2.83B $2.73B $3.19B $3.84B
Gross Profit Ratio 35.42% 37.36% 37.20% 33.78% 35.38% 34.69% 34.94% 28.89% 30.95% 29.14% 28.88% 26.76% 29.60% 30.20% 31.55% 29.58% 28.59% 27.36% 30.03% 29.25%
Research and Development Expenses $533.00M $535.00M $520.00M $554.00M $554.00M $528.00M $472.00M $401.00M $476.00M $480.00M $457.00M $439.00M $427.00M $446.00M $374.00M $374.00M $344.00M $341.00M $356.00M $386.00M
General and Administrative Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $1.67B $1.65B $1.58B $1.76B $1.62B $1.53B $1.46B $1.48B $1.40B $1.43B $1.35B $1.42B $1.34B $1.36B $1.24B $1.22B $1.13B $1.18B $1.12B $1.28B
Other Expenses $355.00M $-308.00M $-267.00M $-322.00M $195.00M $127.00M $876.00M $1.24B $242.00M $303.00M $266.00M $1.06B $225.00M $201.00M $325.00M $-309.00M $14.00M $29.00M $222.00M $-373.00M
Operating Expenses $2.56B $2.50B $2.36B $2.63B $2.50B $2.36B $2.81B $3.12B $2.22B $2.21B $2.07B $2.08B $2.00B $2.10B $1.94B $1.94B $1.84B $1.95B $1.79B $1.99B
Cost and Expenses $12.89B $12.95B $12.29B $13.94B $13.36B $13.67B $13.13B $14.92B $12.57B $12.30B $11.73B $12.19B $10.73B $11.10B $10.07B $9.86B $8.90B $9.21B $9.23B $11.29B
Interest Income $108.00M $118.00M $136.00M $170.00M $135.00M $96.00M $93.00M $69.00M $52.00M $25.00M $21.00M $16.00M $20.00M $17.00M $6.00M $21.00M $21.00M $27.00M $43.00M $46.00M
Interest Expense $125.00M $137.00M $143.00M $126.00M $129.00M $127.00M $129.00M $117.00M $109.00M $108.00M $109.00M $112.00M $114.00M $120.00M $142.00M $130.00M $136.00M $135.00M $113.00M $112.00M
Depreciation and Amortization $543.00M $531.00M $524.00M $545.00M $525.00M $542.00M $532.00M $558.00M $551.00M $553.00M $557.00M $586.00M $593.00M $587.00M $586.00M $617.00M $593.00M $608.00M $614.00M $644.00M
EBITDA $3.73B $4.59B $4.03B $3.92B $3.96B $4.42B $3.83B $3.85B $3.22B $2.76B $2.67B $3.11B $2.48B $2.52B $2.59B $1.79B $1.77B $1.64B $2.07B $2.10B
EBITDA Ratio 23.18% 25.59% 25.55% 21.55% 24.80% 24.95% 20.77% 23.20% 21.46% 19.35% 19.61% 23.63% 20.02% 19.99% 22.92% 15.02% 16.11% 14.21% 21.06% 16.14%
Operating Income $3.15B $3.74B $3.51B $3.13B $3.45B $3.65B $2.73B $1.68B $2.42B $1.94B $1.85B $1.61B $1.66B $1.79B $1.81B $1.38B $985.00M $784.00M $1.40B $1.85B
Operating Income Ratio 19.54% 22.41% 22.24% 18.36% 20.52% 21.09% 17.22% 10.12% 16.17% 13.64% 13.65% 11.68% 13.42% 13.88% 15.26% 12.28% 9.97% 7.84% 13.20% 14.07%
Total Other Income Expenses Net $-49.00M $18.00M $13.00M $115.00M $66.00M $- $-97.00M $419.00M $133.00M $152.00M $144.00M $951.00M $111.00M $81.00M $183.00M $-439.00M $-122.00M $-106.00M $109.00M $-485.00M
Income Before Tax $3.10B $3.50B $3.53B $3.25B $3.52B $3.65B $2.63B $2.10B $2.56B $2.10B $2.00B $2.56B $1.77B $1.87B $2.00B $941.00M $863.00M $678.00M $1.51B $1.36B
Income Before Tax Ratio 19.24% 20.97% 22.36% 19.03% 20.91% 21.09% 16.61% 12.65% 17.06% 14.71% 14.71% 18.57% 14.32% 14.51% 16.80% 8.38% 8.73% 6.78% 14.23% 10.38%
Income Tax Expense $642.00M $836.00M $688.00M $587.00M $734.00M $752.00M $708.00M $644.00M $527.00M $427.00M $469.00M $429.00M $368.00M $470.00M $475.00M $167.00M $187.00M $227.00M $425.00M $276.00M
Net Income $2.46B $2.68B $2.86B $2.68B $2.79B $2.92B $1.94B $1.45B $2.04B $1.67B $1.54B $2.12B $1.43B $1.41B $1.53B $780.00M $668.00M $458.00M $1.09B $1.10B
Net Income Ratio 15.30% 16.06% 18.08% 15.68% 16.62% 16.87% 12.25% 8.76% 13.61% 11.74% 11.31% 15.36% 11.50% 10.96% 12.87% 6.94% 6.76% 4.58% 10.27% 8.35%
EPS $5.09 $5.50 $5.78 $5.31 $5.48 $5.70 $3.76 $2.81 $3.89 $3.15 $2.88 $3.94 $2.62 $2.58 $2.80 $1.43 $1.23 $0.84 $2.00 $2.00
EPS Diluted $5.06 $5.48 $5.75 $5.28 $5.45 $5.67 $3.74 $2.79 $3.87 $3.13 $2.86 $3.91 $2.60 $2.56 $2.77 $1.42 $1.22 $0.84 $1.98 $1.97
Weighted Average Shares Outstanding 484.20M 487.20M 493.90M 504.40M 509.80M 512.90M 516.20M 517.40M 525.00M 531.00M 534.50M 538.70M 544.00M 547.10M 546.40M 544.50M 542.30M 541.50M 546.80M 550.30M
Weighted Average Shares Outstanding Diluted 486.70M 489.50M 496.90M 507.00M 512.60M 515.00M 519.40M 520.90M 527.60M 534.10M 538.30M 542.60M 547.60M 547.90M 551.40M 549.50M 546.40M 544.50M 551.10M 556.10M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Cash and Cash Equivalents $6.98B $7.00B $9.25B $9.35B $8.28B
Short Term Investments $1.90B $- $964.00M $- $-
Cash and Short Term Investments $6.98B $7.00B $9.25B $9.35B $8.28B
Net Receivables $18.82B $17.87B $17.38B $16.78B $17.90B
Inventory $16.57B $16.27B $14.04B $11.40B $11.27B
Other Current Assets $4.59B $2.64B $2.79B $1.93B $1.74B
Total Current Assets $46.95B $43.78B $43.45B $39.46B $39.19B
Property Plant Equipment Net $12.68B $12.03B $12.09B $12.40B $12.90B
Goodwill $5.31B $5.29B $6.32B $6.39B $6.20B
Intangible Assets $564.00M $758.00M $1.04B $1.31B $1.56B
Goodwill and Intangible Assets $5.87B $6.05B $7.37B $7.70B $7.76B
Long Term Investments $15.87B $16.59B $13.91B $13.41B $13.84B
Tax Assets $2.82B $2.21B $1.84B $1.52B $1.41B
Other Non-Current Assets $3.29B $1.28B $4.13B $3.83B $3.34B
Total Non-Current Assets $40.53B $38.16B $39.34B $38.86B $39.26B
Other Assets $- $- $- $- $-
Total Assets $87.48B $81.94B $82.79B $78.32B $78.45B
Account Payables $7.91B $8.69B $8.15B $6.13B $5.96B
Short Term Debt $13.41B $11.43B $11.91B $11.33B $11.55B
Tax Payables $- $- $- $- $-
Deferred Revenue $1.93B $1.86B $1.09B $1.11B $1.19B
Other Current Liabilities $11.49B $9.70B $8.85B $7.32B $8.10B
Total Current Liabilities $34.73B $31.53B $29.85B $25.72B $26.62B
Long Term Debt $24.90B $26.14B $26.11B $26.10B $26.41B
Deferred Revenue Non-Current $- $- $-412.00M $-418.00M $-414.00M
Deferred Tax Liabilities Non-Current $- $2.21B $412.00M $418.00M $414.00M
Other Non-Current Liabilities $8.35B $8.38B $10.32B $11.13B $10.79B
Total Non-Current Liabilities $33.24B $34.52B $36.43B $37.23B $37.20B
Other Liabilities $- $- $- $- $-
Total Liabilities $67.97B $66.05B $66.28B $62.95B $63.82B
Preferred Stock $- $- $- $- $-
Common Stock $6.40B $6.56B $6.40B $6.23B $5.93B
Retained Earnings $51.25B $43.51B $39.28B $35.17B $34.44B
Accumulated Other Comprehensive Income Loss $-1.82B $-2.46B $-1.55B $-888.00M $-1.57B
Other Total Stockholders Equity $-36.34B $-31.75B $-27.64B $-25.18B $-24.22B
Total Stockholders Equity $19.49B $15.87B $16.48B $15.33B $14.59B
Total Equity $19.50B $15.89B $16.52B $15.38B $14.63B
Total Liabilities and Stockholders Equity $87.48B $81.94B $82.79B $78.32B $78.45B
Minority Interest $9.00M $22.00M $32.00M $47.00M $41.00M
Total Liabilities and Total Equity $87.48B $81.94B $82.79B $78.32B $78.45B
Total Investments $17.77B $16.59B $13.91B $13.41B $13.84B
Total Debt $37.88B $36.99B $37.79B $37.16B $37.66B
Net Debt $30.90B $29.99B $28.54B $27.81B $29.37B


Balance Sheet Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020 December 31, 2019
Cash and Cash Equivalents $5.64B $4.34B $4.96B $6.98B $6.54B $7.39B $6.79B $7.00B $6.35B $6.01B $6.53B $9.25B $9.45B $10.83B $11.34B $9.35B $9.31B $8.78B $7.12B $8.28B
Short Term Investments $-3.83B $- $400.00M $1.90B $2.55B $500.00M $250.00M $- $2.02B $659.00M $813.00M $964.00M $- $- $- $- $- $- $- $-
Cash and Short Term Investments $5.64B $4.34B $4.96B $6.98B $6.54B $7.39B $6.79B $7.00B $6.35B $6.01B $6.53B $9.25B $9.45B $10.83B $11.34B $9.35B $9.31B $8.78B $7.12B $8.28B
Net Receivables $19.12B $19.18B $18.94B $19.07B $18.95B $18.93B $18.54B $17.87B $17.08B $17.32B $18.14B $17.38B $16.57B $17.36B $17.29B $16.78B $15.94B $15.91B $16.95B $17.90B
Inventory $17.31B $17.08B $16.95B $16.57B $17.58B $17.75B $17.63B $16.27B $16.86B $15.88B $15.04B $14.04B $13.67B $12.67B $12.15B $11.40B $11.45B $11.37B $11.75B $11.27B
Other Current Assets $2.88B $2.49B $2.81B $4.34B $4.93B $2.94B $2.69B $2.64B $2.29B $2.77B $2.87B $2.79B $2.21B $2.08B $1.80B $1.93B $1.83B $1.79B $1.76B $1.74B
Total Current Assets $44.95B $43.10B $43.66B $46.95B $48.01B $47.00B $45.66B $43.78B $42.58B $41.98B $42.57B $43.45B $41.89B $42.95B $42.58B $39.46B $38.53B $37.86B $37.59B $39.19B
Property Plant Equipment Net $12.84B $12.58B $12.54B $13.24B $12.29B $12.12B $11.97B $12.03B $11.64B $11.74B $11.93B $12.09B $11.90B $12.01B $12.13B $12.40B $12.23B $12.36B $12.49B $12.90B
Goodwill $5.32B $5.26B $5.28B $5.31B $5.27B $5.29B $5.31B $5.29B $6.09B $6.20B $6.29B $6.32B $6.35B $6.37B $6.34B $6.39B $6.30B $6.19B $6.14B $6.20B
Intangible Assets $448.00M $488.00M $516.00M $564.00M $604.00M $630.00M $694.00M $758.00M $806.00M $889.00M $967.00M $1.04B $1.12B $1.18B $1.25B $1.31B $1.36B $1.42B $1.48B $1.56B
Goodwill and Intangible Assets $5.76B $5.75B $5.79B $5.87B $5.87B $5.92B $6.00B $6.05B $6.90B $7.08B $7.26B $7.37B $7.47B $7.55B $7.59B $7.70B $7.67B $7.61B $7.62B $7.76B
Long Term Investments $18.43B $17.63B $17.42B $17.77B $13.02B $13.18B $16.29B $- $13.14B $17.08B $17.17B $13.91B $13.88B $13.80B $13.08B $13.41B $13.36B $13.73B $13.22B $13.84B
Tax Assets $3.05B $2.92B $2.86B $2.82B $2.72B $2.61B $2.40B $2.21B $2.22B $2.12B $1.97B $1.84B $1.74B $1.46B $1.39B $1.52B $1.44B $1.46B $1.43B $1.41B
Other Non-Current Assets $1.24B $1.36B $1.46B $830.00M $4.89B $4.59B $1.32B $17.87B $17.57B $1.10B $1.37B $4.13B $3.89B $3.94B $3.96B $3.83B $3.51B $3.55B $3.56B $3.34B
Total Non-Current Assets $41.33B $40.24B $40.08B $40.53B $38.79B $38.43B $37.99B $38.16B $38.33B $39.12B $39.71B $39.34B $38.89B $38.75B $38.15B $38.86B $38.21B $38.70B $38.31B $39.26B
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $86.27B $83.34B $83.74B $87.48B $86.79B $85.43B $83.65B $81.94B $80.91B $81.11B $82.28B $82.79B $80.78B $81.70B $80.73B $78.32B $76.74B $76.57B $75.89B $78.45B
Account Payables $7.71B $7.58B $7.78B $7.91B $7.83B $8.44B $8.95B $8.69B $8.26B $8.09B $8.36B $8.15B $7.22B $6.92B $6.69B $6.13B $5.19B $5.08B $5.77B $5.96B
Short Term Debt $12.12B $13.47B $13.02B $13.55B $12.88B $14.71B $12.16B $11.43B $11.02B $10.74B $12.31B $11.91B $9.63B $11.38B $11.82B $11.33B $12.02B $11.71B $12.72B $11.55B
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $2.40B $2.32B $2.19B $1.93B $2.33B $2.14B $2.20B $1.86B $1.83B $1.61B $1.39B $1.09B $1.16B $1.16B $1.17B $1.11B $1.21B $1.23B $1.29B $1.19B
Other Current Liabilities $9.99B $10.19B $9.38B $11.49B $10.08B $10.02B $8.52B $9.55B $9.10B $8.52B $7.48B $8.85B $7.97B $8.05B $6.89B $7.32B $6.56B $7.21B $6.73B $8.10B
Total Current Liabilities $32.22B $33.56B $32.37B $34.73B $33.12B $35.31B $31.84B $31.53B $30.20B $28.96B $29.53B $29.85B $25.98B $27.51B $26.58B $25.72B $24.98B $25.23B $26.52B $26.62B
Long Term Debt $25.78B $23.84B $24.83B $24.90B $24.26B $22.98B $24.87B $26.31B $25.51B $26.22B $25.28B $26.11B $27.15B $26.20B $26.36B $26.10B $26.11B $26.91B $24.37B $26.41B
Deferred Revenue Non-Current $- $- $- $427.00M $- $- $- $- $- $- $- $-412.00M $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $454.00M $- $- $- $- $- $- $1.97B $412.00M $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $8.87B $8.80B $8.89B $8.35B $8.90B $8.87B $8.76B $8.21B $9.57B $10.17B $10.37B $10.32B $10.96B $11.11B $11.18B $11.13B $10.66B $10.65B $10.77B $10.79B
Total Non-Current Liabilities $34.65B $32.64B $33.73B $33.24B $33.16B $31.86B $33.64B $34.52B $35.08B $36.38B $35.65B $36.43B $38.11B $37.31B $37.53B $37.23B $36.77B $37.56B $35.14B $37.20B
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $66.87B $66.20B $66.10B $67.97B $66.28B $67.17B $65.48B $66.05B $65.28B $65.35B $65.18B $66.28B $64.09B $64.82B $64.11B $62.95B $61.75B $62.79B $61.66B $63.82B
Preferred Stock $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock $5.58B $5.52B $5.66B $6.40B $6.70B $6.48B $6.55B $6.56B $6.52B $6.46B $6.28B $6.40B $6.35B $6.29B $6.21B $6.23B $6.20B $6.12B $6.05B $5.93B
Retained Earnings $57.92B $55.45B $54.11B $51.25B $49.89B $47.09B $45.46B $43.51B $43.30B $41.26B $40.82B $39.28B $38.36B $36.93B $36.70B $35.17B $35.51B $34.84B $35.50B $34.44B
Accumulated Other Comprehensive Income Loss $-1.72B $-2.23B $-2.09B $-1.82B $-2.23B $-1.95B $-1.75B $-2.46B $-3.35B $-2.50B $-1.71B $-1.55B $-1.44B $-1.15B $-1.29B $-888.00M $-1.45B $-1.81B $-2.01B $-1.57B
Other Total Stockholders Equity $-42.39B $-41.61B $-40.04B $-36.34B $-33.87B $-33.39B $-32.11B $-31.75B $-30.88B $-29.50B $-28.33B $-27.64B $-26.61B $-25.24B $-25.05B $-25.18B $-25.32B $-25.41B $-25.34B $-24.22B
Total Stockholders Equity $19.40B $17.13B $17.64B $19.49B $20.49B $18.23B $18.15B $15.87B $15.59B $15.73B $17.07B $16.48B $16.66B $16.83B $16.57B $15.33B $14.95B $13.73B $14.20B $14.59B
Total Equity $19.40B $17.14B $17.64B $19.50B $20.51B $18.26B $18.17B $15.89B $15.62B $15.76B $17.10B $16.52B $16.70B $16.88B $16.62B $15.38B $14.99B $13.78B $14.24B $14.63B
Total Liabilities and Stockholders Equity $86.27B $83.34B $83.74B $87.48B $86.79B $85.43B $83.65B $81.94B $80.91B $81.11B $82.28B $82.79B $80.78B $81.70B $80.73B $78.32B $76.74B $76.57B $75.89B $78.45B
Minority Interest $6.00M $6.00M $6.00M $9.00M $18.00M $21.00M $21.00M $22.00M $31.00M $32.00M $32.00M $32.00M $30.00M $47.00M $44.00M $47.00M $45.00M $43.00M $42.00M $41.00M
Total Liabilities and Total Equity $86.27B $83.34B $83.74B $87.48B $86.79B $85.43B $83.65B $81.94B $80.91B $81.11B $82.28B $82.79B $80.78B $81.70B $80.73B $78.32B $76.74B $76.57B $75.89B $78.45B
Total Investments $14.61B $17.63B $17.42B $17.77B $13.02B $13.18B $16.29B $- $2.02B $17.08B $17.17B $13.91B $13.88B $13.80B $13.08B $13.41B $13.36B $13.73B $13.22B $13.84B
Total Debt $37.90B $37.31B $37.85B $38.45B $37.14B $37.70B $37.04B $36.99B $36.52B $36.96B $37.58B $37.79B $36.78B $37.59B $38.18B $37.16B $38.13B $38.62B $37.09B $37.66B
Net Debt $32.26B $32.97B $32.89B $31.47B $30.59B $30.31B $30.25B $29.99B $30.18B $30.95B $31.06B $28.54B $27.34B $26.75B $26.84B $27.81B $28.81B $29.84B $29.97B $29.37B

Annual Cash Flow

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Net Income $10.34B $6.70B $6.49B $3.00B $6.09B
Depreciation and Amortization $2.14B $2.22B $2.35B $2.43B $2.58B
Deferred Income Tax $-592.00M $-377.00M $-383.00M $-74.00M $28.00M
Stock Based Compensation $- $193.00M $200.00M $202.00M $205.00M
Change in Working Capital $151.00M $-1.80B $-647.00M $-418.00M $-2.93B
Accounts Receivables $-437.00M $-220.00M $-136.00M $-356.00M $-2.17B
Inventory $-364.00M $-2.59B $-2.59B $-34.00M $274.00M
Accounts Payables $-754.00M $798.00M $2.04B $98.00M $-1.02B
Other Working Capital $1.71B $211.00M $34.00M $-126.00M $-10.00M
Other Non Cash Items $847.00M $827.00M $216.00M $1.00B $675.00M
Net Cash Provided by Operating Activities $12.88B $7.77B $7.20B $6.33B $6.91B
Investments in Property Plant and Equipment $-3.09B $-2.60B $-2.47B $-2.12B $-2.67B
Acquisitions Net $-4.00M $1.00M $36.00M $25.00M $41.00M
Purchases of Investments $-4.41B $-3.17B $-2.26B $-749.00M $-644.00M
Sales Maturities of Investments $1.89B $2.38B $785.00M $345.00M $574.00M
Other Investing Activities $-261.00M $839.00M $823.00M $1.01B $770.00M
Net Cash Used for Investing Activities $-5.87B $-2.54B $-3.08B $-1.49B $-1.93B
Debt Repayment $594.00M $-652.00M $681.00M $-610.00M $1.41B
Common Stock Issued $12.00M $51.00M $135.00M $229.00M $238.00M
Common Stock Repurchased $-4.97B $-4.23B $-2.67B $-1.13B $-4.05B
Dividends Paid $-2.56B $-2.44B $-2.33B $-2.24B $-2.13B
Other Financing Activities $- $-10.00M $-4.00M $-1.00M $-3.00M
Net Cash Used Provided by Financing Activities $-6.93B $-7.28B $-4.19B $-3.75B $-4.54B
Effect of Forex Changes on Cash $-110.00M $-194.00M $-29.00M $-13.00M $-44.00M
Net Change in Cash $-28.00M $-2.25B $-103.00M $1.07B $402.00M
Cash at End of Period $6.99B $7.01B $9.26B $9.37B $8.29B
Cash at Beginning of Period $7.01B $9.26B $9.37B $8.29B $7.89B
Operating Cash Flow $12.88B $7.77B $7.20B $6.33B $6.91B
Capital Expenditure $-3.09B $-2.60B $-2.47B $-2.12B $-2.67B
Free Cash Flow $9.79B $5.17B $4.73B $4.21B $4.24B

Cash Flow Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020 December 31, 2019
Net Income $2.46B $2.68B $2.86B $2.68B $2.79B $2.92B $1.94B $1.45B $2.04B $1.67B $1.54B $2.12B $1.43B $1.41B $1.53B $780.00M $671.00M $459.00M $1.09B $1.10B
Depreciation and Amortization $543.00M $531.00M $524.00M $545.00M $525.00M $542.00M $532.00M $558.00M $551.00M $553.00M $557.00M $586.00M $593.00M $587.00M $586.00M $617.00M $593.00M $608.00M $614.00M $644.00M
Deferred Income Tax $-196.00M $-79.00M $-54.00M $-144.00M $-93.00M $-164.00M $-191.00M $-28.00M $-66.00M $-184.00M $-99.00M $-62.00M $-389.00M $-41.00M $109.00M $-36.00M $-6.00M $-52.00M $20.00M $-
Stock Based Compensation $- $75.00M $44.00M $30.00M $60.00M $74.00M $44.00M $- $55.00M $67.00M $40.00M $-833.00M $-58.00M $-69.00M $42.00M $439.00M $-55.00M $-132.00M $47.00M $35.00M
Change in Working Capital $643.00M $-450.00M $-1.20B $856.00M $736.00M $-42.00M $-1.40B $-133.00M $-127.00M $90.00M $-1.63B $-513.00M $-14.00M $74.00M $-194.00M $191.00M $154.00M $114.00M $-877.00M $149.00M
Accounts Receivables $215.00M $-164.00M $-81.00M $-118.00M $934.00M $639.00M $-329.00M $-585.00M $82.00M $655.00M $-372.00M $-926.00M $673.00M $445.00M $-328.00M $-469.00M $74.00M $581.00M $-542.00M $-266.00M
Inventory $-138.00M $-204.00M $-439.00M $1.06B $136.00M $-157.00M $-1.40B $499.00M $-1.08B $-971.00M $-1.03B $-391.00M $-1.02B $-522.00M $-657.00M $105.00M $6.00M $396.00M $-541.00M $950.00M
Accounts Payables $-75.00M $-224.00M $203.00M $-222.00M $-566.00M $-443.00M $477.00M $12.00M $359.00M $-25.00M $452.00M $809.00M $339.00M $160.00M $733.00M $694.00M $59.00M $-745.00M $90.00M $-356.00M
Other Working Capital $641.00M $142.00M $-886.00M $136.00M $232.00M $-81.00M $-144.00M $-59.00M $237.00M $431.00M $-1.05B $-5.00M $-10.00M $-9.00M $58.00M $-139.00M $15.00M $-118.00M $116.00M $-179.00M
Other Non Cash Items $115.00M $1.99B $1.29B $40.00M $159.00M $63.00M $645.00M $888.00M $83.00M $168.00M $-52.00M $114.00M $180.00M $153.00M $-104.00M $81.00M $377.00M $394.00M $280.00M $544.00M
Net Cash Provided by Operating Activities $3.57B $3.02B $2.05B $4.00B $4.06B $3.25B $1.57B $2.74B $2.48B $2.23B $313.00M $1.41B $1.74B $2.12B $1.93B $2.07B $1.73B $1.39B $1.13B $2.43B
Investments in Property Plant and Equipment $-723.00M $-719.00M $-736.00M $-854.00M $-781.00M $-707.00M $-750.00M $-708.00M $-617.00M $-595.00M $-679.00M $-785.00M $-587.00M $-596.00M $-504.00M $-624.00M $-493.00M $-450.00M $-548.00M $-813.00M
Acquisitions Net $132.00M $155.00M $155.00M $206.00M $781.00M $707.00M $-14.00M $- $- $1.00M $-8.00M $13.00M $-5.00M $160.00M $28.00M $12.00M $-46.00M $-1.00M $-35.00M $38.00M
Purchases of Investments $-369.00M $-248.00M $-275.00M $-716.00M $-2.66B $-557.00M $-541.00M $-722.00M $-289.00M $-708.00M $-1.45B $-873.00M $-485.00M $-364.00M $-534.00M $-144.00M $-187.00M $-203.00M $-215.00M $-213.00M
Sales Maturities of Investments $267.00M $707.00M $1.87B $1.14B $284.00M $224.00M $239.00M $303.00M $876.00M $633.00M $571.00M $361.00M $148.00M $150.00M $126.00M $106.00M $88.00M $83.00M $68.00M $293.00M
Other Investing Activities $-347.00M $-617.00M $-53.00M $-334.00M $-1.06B $-866.00M $383.00M $284.00M $22.00M $94.00M $249.00M $292.00M $554.00M $-590.00M $407.00M $124.00M $422.00M $41.00M $517.00M $121.00M
Net Cash Used for Investing Activities $-1.04B $-722.00M $958.00M $-554.00M $-3.44B $-1.20B $-683.00M $-843.00M $190.00M $-575.00M $-1.31B $-992.00M $-375.00M $-1.24B $-477.00M $-526.00M $-216.00M $-530.00M $-213.00M $-574.00M
Debt Repayment $248.00M $-490.00M $111.00M $- $-415.00M $651.00M $-61.00M $378.00M $-246.00M $-512.00M $-272.00M $1.05B $-765.00M $-645.00M $1.04B $-435.00M $-562.00M $1.85B $-325.00M $-353.00M
Common Stock Issued $7.00M $- $-8.00M $-24.00M $- $3.00M $-25.00M $49.00M $-2.00M $- $-28.00M $13.00M $-1.00M $58.00M $65.00M $119.00M $- $- $-23.00M $179.00M
Common Stock Repurchased $-782.00M $-1.82B $-4.46B $-2.77B $-358.00M $-1.43B $-400.00M $-921.00M $-1.39B $-1.08B $-820.00M $-1.05B $-1.37B $-251.00M $- $- $10.00M $-87.00M $-1.04B $-764.00M
Dividends Paid $-683.00M $-635.00M $-648.00M $-662.00M $-663.00M $-618.00M $-620.00M $-620.00M $-633.00M $-592.00M $-595.00M $-599.00M $-607.00M $-564.00M $-562.00M $-560.00M $-558.00M $-558.00M $-567.00M $-568.00M
Other Financing Activities $- $- $- $419.00M $- $- $- $-9.00M $-1.00M $- $- $- $-2.00M $- $-2.00M $-666.00M $- $-437.00M $-41.00M $-1.00M
Net Cash Used Provided by Financing Activities $-1.21B $-2.93B $-5.00B $-3.03B $-1.40B $-1.39B $-1.11B $-1.12B $-2.27B $-2.18B $-1.72B $-586.00M $-2.75B $-1.40B $546.00M $-1.54B $-1.00B $786.00M $-2.00B $-1.51B
Effect of Forex Changes on Cash $-22.00M $13.00M $-30.00M $9.00M $-59.00M $-59.00M $-1.00M $-115.00M $-72.00M $9.00M $-16.00M $-20.00M $-12.00M $15.00M $-12.00M $43.00M $10.00M $14.00M $-80.00M $3.00M
Net Change in Cash $1.30B $-618.00M $-2.02B $433.00M $-834.00M $598.00M $-217.00M $658.00M $332.00M $-509.00M $-2.73B $-186.00M $-1.39B $-509.00M $1.99B $47.00M $528.00M $1.66B $-1.16B $356.00M
Cash at End of Period $5.64B $4.34B $4.96B $6.98B $6.56B $7.39B $6.80B $7.01B $6.36B $6.02B $6.53B $9.26B $9.45B $10.84B $11.35B $9.37B $9.32B $8.79B $7.13B $8.29B
Cash at Beginning of Period $4.34B $4.96B $6.98B $6.54B $7.39B $6.80B $7.01B $6.36B $6.02B $6.53B $9.26B $9.45B $10.84B $11.35B $9.37B $9.32B $8.79B $7.13B $8.29B $7.94B
Operating Cash Flow $3.57B $3.02B $2.05B $4.00B $4.06B $3.25B $1.57B $2.74B $2.48B $2.23B $313.00M $1.41B $1.74B $2.12B $1.93B $2.07B $1.73B $1.39B $1.13B $2.43B
Capital Expenditure $-723.00M $-719.00M $-736.00M $-854.00M $-781.00M $-707.00M $-750.00M $-708.00M $-617.00M $-595.00M $-679.00M $-785.00M $-587.00M $-596.00M $-504.00M $-624.00M $-493.00M $-450.00M $-548.00M $-813.00M
Free Cash Flow $2.85B $2.30B $1.32B $3.15B $3.28B $2.54B $823.00M $2.03B $1.86B $1.64B $-366.00M $627.00M $1.15B $1.52B $1.42B $1.45B $1.24B $941.00M $582.00M $1.62B


Caterpillar Stock Forecast

Analyst ratings, price targets, and earnings estimates for CAT.

CAT Analyst Ratings

Strong Buy

Buy
13
Hold
4
Sell
1

Based on 18 analysts in the past 3 months

CAT Stock 12 Month Forecast

$378.67

▲ (3.14% Upside)
Highest Price Target
$ (0.0%)
Average Price Target
$378.67 (3.1%)
Lowest Price Target
$ (0.0%)

Based on 3 analysts in the last 3 months

Recent Price Targets
Recommendation Trends
Analyst Estimates
Revenue Estimates
High $66.21B
Average $64.52B
Low $63.20B
13 analysts
Net Income Estimates
High $11.11B
Average $10.53B
Low $9.95B
13 analysts
EPS Estimates
High $21.63
Average $20.65
Low $19.37
18 analysts
Revenue Estimates
High $70.61B
Average $67.78B
Low $65.91B
13 analysts
Net Income Estimates
High $12.47B
Average $10.94B
Low $10.79B
13 analysts
EPS Estimates
High $24.29
Average $22.95
Low $21.01
15 analysts
Revenue Estimates
High $72.23B
Average $70.69B
Low $69.14B
7 analysts
Net Income Estimates
High $13.59B
Average $11.60B
Low $11.10B
7 analysts
EPS Estimates
High $26.46
Average $24.28
Low $21.62
5 analysts
Revenue Estimates
High $75.43B
Average $70.41B
Low $67.77B
3 analysts
Net Income Estimates
High $13.03B
Average $11.93B
Low $11.35B
3 analysts
EPS Estimates
High $25.38
Average $23.23
Low $22.09
2 analysts
Latest Price Target Updates
Date Analyst Firm Price Target Price When Posted Upside
Jan 31, 2025 Angel Castillo Morgan Stanley $300.00 $371.44 -19.2%
Jan 13, 2025 David Raso Evercore ISI $365.00 $363.00 0.6%
Dec 19, 2024 Jamie Cook Truist Financial $471.00 $388.39 21.3%
Oct 30, 2024 Jamie Cook Truist Financial $454.00 $379.24 19.7%
Oct 14, 2024 Angel Castillo Morgan Stanley $332.00 $402.02 -17.4%
Aug 07, 2024 Michael Feniger Bank of America Securities $376.00 $327.64 14.8%
Aug 07, 2024 Jamie Cook Truist Financial $399.00 $330.10 20.9%
Aug 06, 2024 Jerry Revich Goldman Sachs $408.00 $326.44 25.0%
May 07, 2024 Ivan Feinseth Tigress Financial $345.00 $345.00 0.0%
Apr 30, 2024 Helen Fang HSBC $360.00 $349.80 2.9%

Caterpillar Dividends

Explore Caterpillar's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

1.70%

Dividend Payout Ratio

24.80%

Dividend Paid & Capex Coverage Ratio

2.28x



Caterpillar Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$1.41 $1.41 January 21, 2025 January 21, 2025 February 20, 2025 December 10, 2024
$1.41 $1.41 October 21, 2024 October 21, 2024 November 20, 2024 October 09, 2024
$1.41 $1.41 July 22, 2024 July 22, 2024 August 20, 2024 June 12, 2024
$1.3 $1.3 April 19, 2024 April 22, 2024 May 20, 2024 April 10, 2024
$1.3 $1.3 January 19, 2024 January 22, 2024 February 20, 2024 December 13, 2023
$1.3 $1.3 October 20, 2023 October 23, 2023 November 20, 2023 October 11, 2023
$1.3 $1.3 July 19, 2023 July 20, 2023 August 18, 2023 June 14, 2023
$1.2 $1.2 April 21, 2023 April 24, 2023 May 19, 2023 April 12, 2023
$1.2 $1.2 January 19, 2023 January 20, 2023 February 17, 2023 December 14, 2022
$1.2 $1.2 October 21, 2022 October 24, 2022 November 18, 2022 October 12, 2022
$1.2 $1.2 July 19, 2022 July 20, 2022 August 19, 2022 June 08, 2022
$1.11 $1.11 April 22, 2022 April 25, 2022 May 20, 2022 April 13, 2022
$1.11 $1.11 January 19, 2022 January 20, 2022 February 18, 2022 December 08, 2021
$1.11 $1.11 October 22, 2021 October 25, 2021 November 19, 2021 October 13, 2021
$1.11 $1.11 July 19, 2021 July 20, 2021 August 20, 2021 June 09, 2021
$1.03 $1.03 April 23, 2021 April 26, 2021 May 20, 2021 April 14, 2021
$1.03 $1.03 January 19, 2021 January 20, 2021 February 19, 2021 December 09, 2020
$1.03 $1.03 October 23, 2020 October 26, 2020 November 20, 2020 October 14, 2020
$1.03 $1.03 July 17, 2020 July 20, 2020 August 20, 2020 June 10, 2020
$1.03 $1.03 April 17, 2020 April 20, 2020 May 20, 2020 April 08, 2020

Peers: Agricultural - Machinery

This section provides companies within the same sector, on the same exchange, and of similar market capitalization, allowing comparisons of key financial indicators among peers.

Company Market Cap Price EPS P/E Ratio P/B Ratio
AGCO Logo
AGCO Corporation
AGCO
$7.41B $99.24 $-5.69 $-16.42 $0.00
CNHI Logo
CNH Industrial N.V.
CNHI
$14.40B $11.45 $1.78 $6.83 $2.00
NKLA Logo
Nikola Corporation
NKLA
$39.10M $0.46 $-36.31 $-0.72 $0.97
PCAR Logo
PACCAR Inc
PCAR
$56.23B $107.26 $7.92 $13.13 $0.00
DE Logo
Deere & Company
DE
$127.54B $468.30 $25.72 $16.03 $4.98
LNN Logo
Lindsay Corporation
LNN
$1.42B $130.85 $6.04 $20.55 $2.83
ALG Logo
Alamo Group Inc.
ALG
$2.20B $182.58 $11.42 $18.40 $2.69
IDEX Logo
Ideanomics, Inc.
IDEX
$42.14K $0.00 $-22.45 $-0.09 $-1.40
ZEV Logo
Lightning eMotors, Inc.
ZEV
$10.20M $1.63 $3.93 $1.87 $0.52
LEV Logo
The Lion Electric Company
LEV
$56.55M $0.25 $-0.46 $-3.83 $1.11
OSK Logo
Oshkosh Corporation
OSK
$7.30B $112.26 $9.15 $11.85 $1.91
TEX Logo
Terex Corporation
TEX
$3.05B $45.62 $5.01 $9.23 $0.00
MTW Logo
The Manitowoc Company, Inc.
MTW
$340.38M $9.69 $1.12 $14.94 $0.97
WNC Logo
Wabash National Corporation
WNC
$618.42M $14.27 $-6.40 $-2.67 $0.00
Ownership