Caterpillar (CAT) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Caterpillar reported $16.22 billion in revenue for Q4 2024, a year-over-year decline of 5% and a surprise of -2.57% compared to the Zacks Consensus Estimate of $16.64 billion [1] - The EPS for the same period was $5.14, down from $5.23 a year ago, with an EPS surprise of +3.42% against the consensus estimate of $4.97 [1] Financial Performance Metrics - Caterpillar's shares returned +8.4% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - Total sales and revenues in the Machinery, Energy & Transportation - Construction Industries segment were $6 billion, a year-over-year change of -7.9% [4] - Total sales and revenues in the Machinery, Energy & Transportation - Resource Industries segment were $2.96 billion, reflecting a year-over-year decline of -8.6% [4] Regional Performance - Sales and revenues in Asia/Pacific for Machinery, Energy & Transportation were $2.87 billion, a year-over-year change of -3.6% [4] - Latin America saw a significant increase, with sales and revenues of $1.67 billion, representing a year-over-year change of +144.2% [4] - North America reported sales and revenues of $7.63 billion, a year-over-year decline of -7.5% [4] Sales Volume and Price Realization - Sales volume in the Construction Industries segment was -$227 million, better than the estimated -$517.21 million [4] - Price realization was -$54 million, compared to the average estimate of +$97.59 million [4]