Caterpillar Inc
NYSE:CAT
Income Statement
Earnings Waterfall
Caterpillar Inc
Revenue
|
67.1B
USD
|
Cost of Revenue
|
-42.7B
USD
|
Gross Profit
|
24.4B
USD
|
Operating Expenses
|
-9.6B
USD
|
Operating Income
|
14.8B
USD
|
Other Expenses
|
-4.4B
USD
|
Net Income
|
10.3B
USD
|
Income Statement
Caterpillar Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
55 656
N/A
|
55 687
+0%
|
55 216
-1%
|
55 342
+0%
|
55 184
0%
|
54 645
-1%
|
52 812
-3%
|
50 225
-5%
|
47 011
-6%
|
43 770
-7%
|
41 795
-5%
|
39 993
-4%
|
38 537
-4%
|
38 898
+1%
|
39 887
+3%
|
42 140
+6%
|
45 462
+8%
|
48 499
+7%
|
51 179
+6%
|
53 276
+4%
|
54 722
+3%
|
55 329
+1%
|
55 750
+1%
|
54 998
-1%
|
53 800
-2%
|
50 969
-5%
|
46 534
-9%
|
43 657
-6%
|
41 748
-4%
|
43 000
+3%
|
45 892
+7%
|
48 408
+5%
|
50 971
+5%
|
52 673
+3%
|
54 031
+3%
|
56 628
+5%
|
59 427
+5%
|
61 700
+4%
|
64 771
+5%
|
66 587
+3%
|
67 060
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(40 727)
|
(40 686)
|
(40 264)
|
(40 283)
|
(40 718)
|
(39 403)
|
(37 726)
|
(35 793)
|
(33 284)
|
(31 309)
|
(30 010)
|
(28 619)
|
(27 782)
|
(28 026)
|
(28 420)
|
(29 584)
|
(31 087)
|
(32 854)
|
(34 468)
|
(35 809)
|
(36 815)
|
(37 262)
|
(37 749)
|
(37 331)
|
(36 508)
|
(34 781)
|
(32 016)
|
(30 367)
|
(29 039)
|
(29 793)
|
(31 554)
|
(33 255)
|
(35 454)
|
(37 001)
|
(38 105)
|
(39 686)
|
(41 135)
|
(41 674)
|
(42 750)
|
(43 110)
|
(42 657)
|
|
Gross Profit |
14 929
N/A
|
15 001
+0%
|
14 952
0%
|
15 059
+1%
|
14 466
-4%
|
15 242
+5%
|
15 086
-1%
|
14 432
-4%
|
13 727
-5%
|
12 461
-9%
|
11 785
-5%
|
11 374
-3%
|
10 755
-5%
|
10 872
+1%
|
11 467
+5%
|
12 556
+9%
|
14 375
+14%
|
15 645
+9%
|
16 711
+7%
|
17 467
+5%
|
17 907
+3%
|
18 067
+1%
|
18 001
0%
|
17 667
-2%
|
17 292
-2%
|
16 188
-6%
|
14 518
-10%
|
13 290
-8%
|
12 709
-4%
|
13 207
+4%
|
14 338
+9%
|
15 153
+6%
|
15 517
+2%
|
15 672
+1%
|
15 926
+2%
|
16 942
+6%
|
18 292
+8%
|
20 026
+9%
|
22 021
+10%
|
23 477
+7%
|
24 403
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(8 423)
|
(8 651)
|
(8 880)
|
(9 245)
|
(10 098)
|
(9 353)
|
(9 094)
|
(8 596)
|
(7 804)
|
(7 618)
|
(7 437)
|
(7 239)
|
(7 383)
|
(7 687)
|
(7 839)
|
(8 118)
|
(8 013)
|
(8 231)
|
(8 349)
|
(8 437)
|
(8 506)
|
(8 564)
|
(8 446)
|
(8 309)
|
(7 982)
|
(7 707)
|
(7 472)
|
(7 243)
|
(7 213)
|
(7 324)
|
(7 605)
|
(7 844)
|
(8 094)
|
(8 278)
|
(8 370)
|
(8 571)
|
(8 599)
|
(8 748)
|
(8 907)
|
(9 213)
|
(9 627)
|
|
Selling, General & Administrative |
(5 547)
|
(5 449)
|
(5 465)
|
(5 592)
|
(6 529)
|
(5 654)
|
(5 535)
|
(5 218)
|
(4 951)
|
(4 790)
|
(4 595)
|
(4 458)
|
(4 383)
|
(4 659)
|
(4 840)
|
(5 102)
|
(4 999)
|
(5 214)
|
(5 350)
|
(5 395)
|
(5 478)
|
(5 521)
|
(5 390)
|
(5 342)
|
(5 162)
|
(4 964)
|
(4 834)
|
(4 709)
|
(4 642)
|
(4 760)
|
(4 945)
|
(5 159)
|
(5 365)
|
(5 472)
|
(5 533)
|
(5 594)
|
(5 651)
|
(5 768)
|
(5 871)
|
(6 094)
|
(6 371)
|
|
Research & Development |
(2 046)
|
(1 992)
|
(1 960)
|
(2 024)
|
(2 380)
|
(2 151)
|
(2 145)
|
(2 125)
|
(2 119)
|
(2 103)
|
(2 061)
|
(2 001)
|
(1 853)
|
(1 868)
|
(1 858)
|
(1 866)
|
(1 842)
|
(1 860)
|
(1 864)
|
(1 882)
|
(1 850)
|
(1 842)
|
(1 821)
|
(1 773)
|
(1 693)
|
(1 614)
|
(1 514)
|
(1 427)
|
(1 415)
|
(1 433)
|
(1 538)
|
(1 621)
|
(1 686)
|
(1 769)
|
(1 803)
|
(1 852)
|
(1 814)
|
(1 829)
|
(1 877)
|
(1 955)
|
(2 108)
|
|
Other Operating Expenses |
(830)
|
(1 210)
|
(1 455)
|
(1 629)
|
(1 189)
|
(1 548)
|
(1 414)
|
(1 253)
|
(734)
|
(725)
|
(781)
|
(780)
|
(1 147)
|
(1 160)
|
(1 141)
|
(1 150)
|
(1 172)
|
(1 157)
|
(1 135)
|
(1 160)
|
(1 178)
|
(1 201)
|
(1 235)
|
(1 194)
|
(1 127)
|
(1 129)
|
(1 124)
|
(1 107)
|
(1 156)
|
(1 131)
|
(1 122)
|
(1 064)
|
(1 043)
|
(1 037)
|
(1 034)
|
(1 125)
|
(1 134)
|
(1 151)
|
(1 159)
|
(1 164)
|
(1 148)
|
|
Operating Income |
6 506
N/A
|
6 350
-2%
|
6 072
-4%
|
5 814
-4%
|
4 368
-25%
|
5 889
+35%
|
5 992
+2%
|
5 836
-3%
|
5 923
+1%
|
4 843
-18%
|
4 348
-10%
|
4 135
-5%
|
3 372
-18%
|
3 185
-6%
|
3 628
+14%
|
4 438
+22%
|
6 362
+43%
|
7 414
+17%
|
8 362
+13%
|
9 030
+8%
|
9 401
+4%
|
9 503
+1%
|
9 555
+1%
|
9 358
-2%
|
9 310
-1%
|
8 481
-9%
|
7 046
-17%
|
6 047
-14%
|
5 496
-9%
|
5 883
+7%
|
6 733
+14%
|
7 309
+9%
|
7 423
+2%
|
7 394
0%
|
7 556
+2%
|
8 371
+11%
|
9 693
+16%
|
11 278
+16%
|
13 114
+16%
|
14 264
+9%
|
14 776
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 271)
|
(1 011)
|
(791)
|
(564)
|
(1 007)
|
(814)
|
(950)
|
(1 154)
|
(1 114)
|
(1 119)
|
(1 170)
|
(1 193)
|
(1 047)
|
(1 149)
|
(1 160)
|
(1 081)
|
(1 055)
|
(1 004)
|
(1 018)
|
(1 115)
|
(1 235)
|
(1 168)
|
(1 131)
|
(1 066)
|
(981)
|
(1 175)
|
(1 115)
|
(1 164)
|
(1 274)
|
(1 020)
|
(1 026)
|
(848)
|
526
|
491
|
695
|
729
|
131
|
(46)
|
(266)
|
(443)
|
(1 132)
|
|
Non-Reccuring Items |
(151)
|
0
|
0
|
0
|
(430)
|
(35)
|
(121)
|
(219)
|
(1 551)
|
(1 677)
|
(1 730)
|
(1 956)
|
(1 614)
|
(2 198)
|
(2 143)
|
(1 909)
|
(1 171)
|
(488)
|
(518)
|
(538)
|
(386)
|
(365)
|
(361)
|
(275)
|
(266)
|
(255)
|
(292)
|
(380)
|
(354)
|
(381)
|
(259)
|
(182)
|
(90)
|
(39)
|
(42)
|
(56)
|
(1 224)
|
(1 822)
|
(1 825)
|
(1 822)
|
(780)
|
|
Total Other Income |
44
|
4
|
129
|
280
|
221
|
468
|
303
|
163
|
181
|
(10)
|
192
|
254
|
(572)
|
225
|
158
|
175
|
(54)
|
5
|
128
|
189
|
42
|
(18)
|
(119)
|
(203)
|
(251)
|
10
|
(78)
|
(84)
|
127
|
(3)
|
223
|
304
|
345
|
360
|
223
|
171
|
152
|
(23)
|
(80)
|
(99)
|
186
|
|
Pre-Tax Income |
5 128
N/A
|
5 343
+4%
|
5 410
+1%
|
5 530
+2%
|
3 152
-43%
|
5 508
+75%
|
5 224
-5%
|
4 626
-11%
|
3 439
-26%
|
2 037
-41%
|
1 640
-19%
|
1 240
-24%
|
139
-89%
|
63
-55%
|
483
+667%
|
1 623
+236%
|
4 082
+152%
|
5 927
+45%
|
6 954
+17%
|
7 566
+9%
|
7 822
+3%
|
7 952
+2%
|
7 944
0%
|
7 814
-2%
|
7 812
0%
|
7 061
-10%
|
5 561
-21%
|
4 419
-21%
|
3 995
-10%
|
4 479
+12%
|
5 671
+27%
|
6 583
+16%
|
8 204
+25%
|
8 206
+0%
|
8 432
+3%
|
9 215
+9%
|
8 752
-5%
|
9 387
+7%
|
10 943
+17%
|
11 900
+9%
|
13 050
+10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 319)
|
(1 491)
|
(1 523)
|
(1 577)
|
(692)
|
(1 483)
|
(1 399)
|
(1 253)
|
(916)
|
(487)
|
(336)
|
(214)
|
(192)
|
(190)
|
(367)
|
(741)
|
(968)
|
(1 350)
|
(1 479)
|
(1 578)
|
(1 802)
|
(1 895)
|
(1 970)
|
(1 919)
|
(1 924)
|
(1 784)
|
(1 446)
|
(1 115)
|
(1 086)
|
(1 136)
|
(1 379)
|
(1 560)
|
(1 778)
|
(1 772)
|
(1 729)
|
(1 888)
|
(2 067)
|
(2 306)
|
(2 631)
|
(2 838)
|
(2 781)
|
|
Income from Continuing Operations |
3 809
|
3 852
|
3 887
|
3 953
|
2 460
|
4 025
|
3 825
|
3 373
|
2 523
|
1 550
|
1 304
|
1 026
|
(53)
|
(127)
|
116
|
882
|
3 114
|
4 577
|
5 475
|
5 988
|
6 020
|
6 057
|
5 974
|
5 895
|
5 888
|
5 277
|
4 115
|
3 304
|
2 909
|
3 343
|
4 292
|
5 023
|
6 426
|
6 434
|
6 703
|
7 327
|
6 685
|
7 081
|
8 312
|
9 062
|
10 269
|
|
Income to Minority Interest |
(14)
|
(15)
|
(13)
|
(13)
|
(16)
|
(16)
|
(14)
|
(13)
|
(11)
|
(9)
|
(11)
|
(8)
|
(8)
|
(9)
|
(7)
|
(9)
|
(5)
|
(5)
|
(2)
|
0
|
(1)
|
(2)
|
(3)
|
(3)
|
(1)
|
1
|
(1)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(2)
|
1
|
1
|
2
|
0
|
0
|
3
|
|
Equity Earnings Affiliates |
(6)
|
(6)
|
(4)
|
1
|
8
|
9
|
10
|
3
|
0
|
(3)
|
(7)
|
(8)
|
(6)
|
(10)
|
(3)
|
9
|
16
|
26
|
30
|
29
|
24
|
26
|
23
|
23
|
28
|
26
|
28
|
16
|
14
|
18
|
24
|
50
|
31
|
29
|
19
|
7
|
19
|
28
|
48
|
51
|
63
|
|
Net Income (Common) |
3 789
N/A
|
3 831
+1%
|
3 870
+1%
|
3 941
+2%
|
2 452
-38%
|
4 018
+64%
|
3 821
-5%
|
3 363
-12%
|
2 512
-25%
|
1 538
-39%
|
1 286
-16%
|
1 010
-21%
|
(67)
N/A
|
(146)
-118%
|
106
N/A
|
882
+732%
|
754
-15%
|
2 227
+195%
|
3 132
+41%
|
3 800
+21%
|
6 147
+62%
|
6 363
+4%
|
6 276
-1%
|
6 043
-4%
|
6 093
+1%
|
5 304
-13%
|
4 142
-22%
|
3 316
-20%
|
2 998
-10%
|
3 436
+15%
|
4 391
+28%
|
5 149
+17%
|
6 489
+26%
|
6 496
+0%
|
6 756
+4%
|
7 371
+9%
|
6 705
-9%
|
7 111
+6%
|
8 360
+18%
|
9 113
+9%
|
10 335
+13%
|
|
EPS (Diluted) |
5.82
N/A
|
5.99
+3%
|
6.06
+1%
|
6.32
+4%
|
3.9
-38%
|
6.55
+68%
|
6.25
-5%
|
5.65
-10%
|
4.18
-26%
|
2.61
-38%
|
2.17
-17%
|
1.71
-21%
|
-0.11
N/A
|
-0.24
-118%
|
0.17
N/A
|
1.47
+765%
|
1.25
-15%
|
3.66
+193%
|
5.18
+42%
|
6.34
+22%
|
10.26
+62%
|
10.98
+7%
|
10.95
0%
|
10.77
-2%
|
10.72
0%
|
9.62
-10%
|
7.6
-21%
|
6.07
-20%
|
5.46
-10%
|
6.23
+14%
|
7.95
+28%
|
9.4
+18%
|
11.81
+26%
|
12.06
+2%
|
12.64
+5%
|
13.97
+11%
|
12.64
-10%
|
13.69
+8%
|
16.23
+19%
|
17.77
+9%
|
20.12
+13%
|