Quick answer: latest quarter results, by ticker or company name

Reported Q: Q1 2024 Rev YoY: -0.4% EPS YoY: +53.7% Move: -3.58%

Caterpillar Inc

CAT1.DE

€587.30 -3.58%

Exchange XETRA Sector Industrials Industry Agricultural Machinery

Q1 2024

Published: May 1, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for CAT1.DE

Reported

Report Date

May 1, 2024

Quarter Q1 2024

Revenue

15.80B

YoY: -0.4%

EPS

5.75

YoY: +53.7%

Market Move

-3.58%

Previous quarter: N/A

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Earnings Highlights

Revenue of $15.80B down 0.4% year-over-year
EPS of $5.75 increased by 53.7% from previous year
Gross margin of 37.2%
Net income of 2.86B
"N/A" - N/A

CAT1.DE

Company CAT1.DE

Period Q1 2024

Currency USD

Report Type Quarterly Earnings

Generated Mar 7, 2026

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Executive Summary

Overview: Caterpillar posted QQ1 2024 revenue of $15.799 billion, down 0.4% year over year and 7.45% quarter over quarter, reflecting softer activity in key end markets. Despite a flat to modest top-line trend, the company delivered meaningful margin expansion with gross margin at 37.20% and operating margin at 22.23%, supported by price/mix dynamics and disciplined cost management. Net income reached $2.856 billion, marking a ~47% YoY increase, with diluted EPS of $5.75-$5.78, underscoring operating leverage and effective tax management.

Key Performance Indicators

Revenue

Decreasing

15.80B

QoQ: -7.45% | YoY: -0.40%

Gross Profit

Increasing

5.88B

37.20% margin

QoQ: 1.93% | YoY: 6.04%

Operating Income

Increasing

3.51B

QoQ: 12.09% | YoY: 28.63%

Net Income

Increasing

2.86B

QoQ: 6.73% | YoY: 46.99%

EPS

Increasing

5.78

QoQ: 8.85% | YoY: 53.72%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue: $15.799b (YoY -0.40%, QoQ -7.45%); Gross Profit: $5.877b (Gross Margin 37.20%, YoY +6.04%, QoQ +1.93%); Operating Income: $3.513b (Operating Margin 22.23%, YoY +28.63%, QoQ +12.09%); Net Income: $2.856b (Net Margin 18.08%, YoY +46.99%, QoQ +6.73%); EPS: $5.78 (Diluted $5.75, YoY +53.72%, QoQ +8.85%); Operating Cash Flow: $2.052b; Free Cash Flow: $1.316b; Capex: $736m; Dividends Paid: $648m; Stock Repurchases: $4.456b; Cash at Year End: $4.965b; Net Debt: $32.894b; Total Debt: $37.853b; Current Ratio: 1.349; Quick Ratio: 0.825; Debt/Capitalization: 0.682; Debt/Equity: 2.15; ROA: 3.41%; ROE: 16.2%; Interest Coverage: 24.61x; DSO: 54.07 days; DIO: 153.19 days; CCC: 207.26 days; Dividend Payout Ratio: 22.7%; P/BV: 10.12; P/E: 15.63; Dividend Yield: 0.36%.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	15.80B	-0.40%	-7.45%
Gross Profit	5.88B	6.04%	1.93%
Operating Income	3.51B	28.63%	12.09%
Net Income	2.86B	46.99%	6.73%
EPS	5.78	53.72%	8.85%

Key Financial Ratios

Gross Profit Margin

Fair

37.00%

Gross profit margin is moderate, room for improvement in cost management

Operating Profit Margin

Good

22.30%

Operating margin is healthy and competitive within industry standards

Net Profit Margin

Good

18.10%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Fair

3.41%

Return on assets is acceptable but below top-tier companies

Return on Equity

Good

16.20%

Return on equity shows solid performance and effective asset utilization

Current Ratio

Adequate

1.35

Current ratio meets minimum requirements but limited cushion

Debt to Equity

High Risk

2.15

Debt-to-equity indicates high leverage and elevated financial risk

P/E Ratio

Fair Value

15.63x

P/E ratio in line with market averages

Price to Book

High Premium

10.12x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2025	14,249.00	4.20	-9.8%	View
Q4 2024	16,215.00	5.73	-5.0%	View
Q3 2024	16,106.00	5.06	-4.2%	View
Q2 2024	16,689.00	5.48	-3.6%	View
Q1 2024	15,799.00	5.75	-0.4%	View

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Caterpillar Inc (CAT1.DE) Q1 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

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