CAT Sees Q4 Earnings Growth Amid Cost Pressures: Can Growth Sustain?

Key Takeaways Caterpillar reported Q4 2025 EPS of $5.16, up 0.4%, ending five straight quarters of declines.CAT faced 29% higher costs in Q4 2025, with tariffs hitting margins and gross margin down to 30.3%.Caterpillar sees 2026 revenue near the top of 5-7% CAGR but expects $2.6B tariff impact.Caterpillar Inc. (CAT) delivered fourth-quarter 2025 adjusted earnings per share of $5.16, reflecting a 0.4% year-over-year increase. While the growth was modest, it marked a turnaround for the global construction and ...