← CATERPILLAR INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $35.8b $42.7b $54.7b $53.8b $41.7b $51.0b $59.4b $67.1b $64.8b $67.6b
Cost of Revenue $28.3b $31.0b $37.0b $36.6b $29.1b $35.5b $41.4b $42.8b $33.0m $49.0m
Cost of goods sold $28.3b $31.0b $37.0b $36.6b $29.1b $35.5b $41.4b $42.8b $40.2b $44.8b
Gross Profit (Calculated) $10.2b $14.4b $17.7b $17.2b $12.7b $15.5b $18.1b $24.3b $64.8b $67.5b
Operating Expenses $38.0b $41.1b $46.4b $45.5b $37.2b $44.1b $51.5b $54.1b $51.7b $56.4b
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 $8.3b $8.3b $4.6b $6.9b $7.9b $13.0b $13.1b $11.2b
Additional Financial Items
Amortization of Intangible Assets $326.0m $323.0m $331.0m $324.0m $311.0m $302.0m $284.0m $218.0m $176.0m $169.0m
Basic (in shares) $584.3m $591.8m $591.4m $561.6m $544.1m $544.0m $526.9m $510.6m $486.7m $470.0m
Consolidated profit before taxes $139.0m $4.1b $7.8b $7.8b $4.0b $8.2b $8.8b $13.1b $13.4b $11.5b
Debt and Equity Securities, Gain (Loss) — — — $35.0m $37.0m $134.0m ($56.0m) $11.0m $39.0m $30.0m
Diluted (in shares) $584.3m $599.3m $599.4m $567.5m $548.6m $548.5m $530.4m $513.6m $489.4m $472.3m
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
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)
Goodwill, Impairment Loss $595.0m $0 $0 $0 $0 $0 $925.0m $0 $0 $0
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
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
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 Lease, Lease Income — — — $1.2b $1.1b $1.1b $1.1b $1.2b $1.2b $1.2b
Operating profit $498.0m $4.4b $8.3b $8.3b $4.6b $6.9b $7.9b $13.0b $13.1b $11.2b
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
Provision (benefit) for income taxes $192.0m $3.3b $1.7b $1.7b $1.0b $1.7b $2.1b $2.8b $2.6b $2.8b
Gain (Loss) on Derivative Instruments, Net, Pretax — — — — — — — — — $10.0m
Investment Income, Net $74.0m $122.0m $195.0m $202.0m $112.0m $80.0m $167.0m $494.0m $482.0m $416.0m
Total sales and revenues $38.5b $45.5b $54.7b $53.8b $41.7b $51.0b $59.4b $67.1b $64.8b $67.6b
Net Income (Loss) Available to Common Stockholders, Basic ($67.0m) $754.0m $6.1b $6.1b $3.0b $6.5b $6.7b $10.3b $10.8b $8.9b
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)
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
Earnings Per Share, Basic ($0.11) $1.27 $10.39 $10.85 $5.51 $11.93 $12.72 $20.24 $22.17 $18.90
Earnings Per Share, Diluted ($0.11) $1.26 $10.26 $10.74 $5.46 $11.83 $12.64 $20.12 $22.05 $18.81
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
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
Costs and Expenses $38.0b $41.1b $46.4b $45.5b $37.2b $44.1b $51.5b $54.1b $51.7b $56.4b
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
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
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
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
Research and Development Expense $2.0b $1.9b $1.9b $1.7b $1.4b $1.7b $1.8b $2.1b $2.1b $2.1b
Research and development expenses $2.0b $1.9b $1.9b $1.7b $1.4b $1.7b $1.8b $2.1b $2.1b $2.1b
Restructuring Costs — — — — — — — — $359.0m $445.0m
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
Selling, general and administrative expenses $4.7b $5.2b $5.5b $5.2b $4.6b $5.4b $5.7b $6.4b $6.7b $7.0b
Income Tax Expense (Benefit) $192.0m $3.3b $1.7b $1.7b $1.0b $1.7b $2.1b $2.8b $2.6b $2.8b
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)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. 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.