Caterpillar Inc. Reports Significant Sales Increase

By Chris Stiles • Thursday, January 29 12:56 • Permanent Link

Caterpillar Inc. has reported its fourth-quarter and full-year 2025 results, revealing a significant increase in sales and revenues. In the fourth quarter of 2025, sales and revenues were $19.1 billion, marking an 18% increase from the $16.2 billion reported in the same period in 2024. For the full year 2025, sales and revenues totaled $67.6 billion, reflecting a 4% increase from the $64.8 billion recorded in 2024.

The profit per share for the fourth quarter of 2025 was $5.12, down from $5.78 in the fourth quarter of 2024. Adjusted profit per share for the same period was $5.16, slightly up from $5.14 in the fourth quarter of 2024. Full-year profit per share in 2025 was $18.81, a decrease from $22.05 in 2024, while adjusted profit per share for the full year 2025 was $19.06, down from $21.90 in 2024.

The company reported strong enterprise operating cash flow of $11.7 billion for the full year 2025 and ended the year with $10.0 billion of enterprise cash. Caterpillar deployed $7.9 billion of cash for share repurchases and dividends in 2025.

In terms of operating profit margin, the company recorded a margin of 13.9% for the fourth quarter of 2025, compared with 18.0% for the fourth quarter of 2024. Adjusted operating profit margin for the same period was 15.6%, down from 18.3% in the fourth quarter of 2024. For the full year 2025, operating profit margin was 16.5%, a decrease from 20.2% in 2024. The adjusted operating profit margin for the full year 2025 was 17.2%, down from 20.7% in 2024.

Caterpillar's enterprise cash stood at $10.0 billion at the end of 2025, and during the year, the company deployed $5.2 billion of cash for repurchases of Caterpillar common stock and $2.7 billion of cash for dividends.

The company's geographic breakdown reveals that sales in North America, Latin America, EAME, and Asia/Pacific all experienced both increases and decreases, contributing to the overall growth in sales and revenues. The construction industries, resource industries, and power & energy segments all saw changes in sales, volume, and profit, resulting in various percentage changes.

As a result of these announcements, the company's shares have moved -0.04% on the market, and are now trading at a price of $646.89. For the full picture, make sure to review CATERPILLAR INC's 8-K report.

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