CAT Tops Q4 Earnings Estimates, Posts Record Revenues on Higher Volumes

Key Takeaways CAT posted Q4 EPS of $5.16, topping estimates, as record $19.1B revenues drove a return to earnings growth.Caterpillar saw volume-driven sales gains across all segments, but higher tariffs and costs cut margins.CAT's backlog rose $11.3B sequentially to a record $51.2B as revenues grew in all regions except Asia Pacific.Caterpillar Inc. (CAT) reported adjusted earnings per share of $5.16 for the fourth quarter of 2025, which beat the Zacks Consensus Estimate of $4.67 by a margin of 10%. The bot ...