Caterpillar Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	67,060	59,427	50,971	41,748	53,800	Upgrade
Revenue Growth (YoY)	12.84%	16.59%	22.09%	-22.40%	-1.68%	Upgrade
Cost of Revenue	43,797	41,915	35,968	29,671	37,384	Upgrade
Gross Profit	23,263	17,512	15,003	12,077	16,416	Upgrade
Selling, General & Admin	6,371	5,651	5,365	4,642	5,162	Upgrade
Research & Development	2,108	1,814	1,686	1,415	1,693	Upgrade
Other Operating Expenses	1,818	2,143	1,074	1,467	1,271	Upgrade
Operating Expenses	10,297	9,608	8,125	7,524	8,126	Upgrade
Operating Income	12,966	7,904	6,878	4,553	8,290	Upgrade
Interest Expense / Income	511	443	488	514	421	Upgrade
Other Expense / Income	-661	-1,311	-1,841	35	30	Upgrade
Pretax Income	13,116	8,772	8,231	4,004	7,839	Upgrade
Income Tax	2,781	2,067	1,742	1,006	1,746	Upgrade
Net Income	10,335	6,705	6,489	2,998	6,093	Upgrade
Net Income Growth	54.14%	3.33%	116.44%	-50.80%	-0.88%	Upgrade
Shares Outstanding (Basic)	511	527	544	544	562	Upgrade
Shares Outstanding (Diluted)	514	530	549	549	568	Upgrade
Shares Change	-3.17%	-3.30%	-0.02%	-3.33%	-5.32%	Upgrade
EPS (Basic)	20.24	12.72	11.93	5.51	10.85	Upgrade
EPS (Diluted)	20.12	12.64	11.83	5.46	10.74	Upgrade
EPS Growth	59.18%	6.85%	116.67%	-49.16%	4.68%	Upgrade
Free Cash Flow	10,574	5,997	5,991	4,984	5,396	Upgrade
Free Cash Flow Per Share	20.71	11.38	11.01	9.16	9.61	Upgrade
Dividend Per Share	5.000	4.620	4.280	4.120	3.780	Upgrade
Dividend Growth	8.23%	7.94%	3.88%	8.99%	15.24%	Upgrade
Gross Margin	34.69%	29.47%	29.43%	28.93%	30.51%	Upgrade
Operating Margin	19.33%	13.30%	13.49%	10.91%	15.41%	Upgrade
Profit Margin	15.41%	11.28%	12.73%	7.18%	11.33%	Upgrade
Free Cash Flow Margin	15.77%	10.09%	11.75%	11.94%	10.03%	Upgrade
Effective Tax Rate	21.20%	23.56%	21.16%	25.12%	22.27%	Upgrade
EBITDA	15,771	11,434	11,071	6,950	10,837	Upgrade
EBITDA Margin	23.52%	19.24%	21.72%	16.65%	20.14%	Upgrade
Depreciation & Amortization	2,144	2,219	2,352	2,432	2,577	Upgrade
EBIT	13,627	9,215	8,719	4,518	8,260	Upgrade
EBIT Margin	20.32%	15.51%	17.11%	10.82%	15.35%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).