Caterpillar Inc.
CAT
Market Cap$160.48B
Close$
Earnings Call Q4 2024
January 30, 2025 - AI Summary
Fourth Quarter Performance:
- Caterpillar reported $16.2 billion in sales, a 5% decrease year-over-year primarily due to lower sales volume and some delivery delays. Adjusted operating profit margin fell to 18.3%, below expectations, with adjusted profit per share at $5.14, a 2% decrease from last year. Services revenue did grow, contributing to overall results.
Full Year Highlights:
- For 2024, total sales and revenues reached $64.8 billion, down 3% compared to 2023. However, services revenue increased by 4% to $24 billion, reflecting the resilience of their service offerings in a declining equipment sales environment. Adjusted profit per share for the full year was at a record $21.90, an increase of 3% YOY.
2025 Sales Forecast:
- Caterpillar expects slightly lower sales in 2025 compared to 2024, estimating continued strength in energy and transportation segments would offset declines in construction and resource industries. Services revenue is anticipated to grow across all primary segments, indicating a solid business model reliant on service offerings.
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$323.12
5.4% downside
Current Fair Value
5.4% downsideOvervalued by 5.4% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $160.48 Billion |
|---|---|
| Enterprise Value | $194.32 Billion |
| Dividend Yield | $5.53 (1.64691166835428%) |
| Earnings per Share | $22.17 |
| Beta | 1.14 |
| Outstanding Shares | 484,200,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 15.07 |
|---|---|
| PEG | 350.56 |
| Price to Sales | 2.57 |
| Price to Book Ratio | 8.54 |
| Enterprise Value to Revenue | 3 |
| Enterprise Value to EBIT | 14.05 |
| Enterprise Value to Net Income | 18 |
| Total Debt to Enterprise | 0.21 |
| Debt to Equity | 2.09 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Caterpillar Inc.
102,300 employees
CEO: donald Umpleby Since 1925, Caterpillar Inc. has been helping our customers build a better world - making sustainable progress possible and driving positive change on every continent. With 2019 sales and revenues of $53.8 billion, Caterpillar is the wor...