Financial insights of CAT

MyFinsight

For the year ending 2025-12-31, CAT made $67,589M in revenue. $8,884M in net income. Net profit margin of 13.14%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total sales and revenues	67,589	64,809	67,060	59,427
Cost of goods sold	44,752	40,199	42,767	41,350
Selling, general and administrative expenses	6,985	6,667	6,371	5,651
Research and development expenses	2,148	2,107	2,108	1,814
Interest expense of financial products-Financial Products	1,359	1,286	1,030	565
Goodwill impairment charge	-	0	0	925
Other operating (income) expenses	-1,194	-1,478	-1,818	-1,218
Total operating costs	56,438	51,737	54,094	51,523
Operating profit	11,151	13,072	12,966	7,904
Interest expense excluding financial products-All Other Excluding Financial Products	502	512	511	443
Other income (expense)	892	813	595	1,291
Consolidated profit before taxes	11,541	13,373	13,050	8,752
Provision (benefit) for income taxes	2,768	2,629	2,781	2,067
Profit of consolidated companies	8,773	10,744	10,269	6,685
Equity in profit (loss) of unconsolidated affiliated companies	109	44	63	19
Profit of consolidated and affiliated companies	8,882	10,788	10,332	6,704
Less comprehensive income (loss) attributable to the noncontrolling interests	-2	-4	-3	-1
Profit (loss)	8,884	10,792	10,335	6,705

Basic (in shares)	470,000,000	486,700,000	510,600,000	526,900,000
Diluted (in shares)	472,300,000	489,400,000	513,600,000	530,400,000
Profit per common share (in dollars per share)	18.9	22.17	20.24	12.72
Profit per common share - diluted (in dollars per share)	18.81	22.05	20.12	12.64