Caterpillar(US:CAT)2025-08-05 12:30Financial Performance - Sales and Revenues decreased by $120 million, a 1% decrease, totaling $16.6 billion[9, 21] - Operating Profit decreased by $622 million, an 18% decrease, reaching $2.9 billion[9, 23] - Adjusted Profit per Share increased by 21% to $4.72[9] - The backlog grew by $2.5 billion across all three primary segments[6] Segment Results - Construction Industries total sales decreased by $493 million, a 7% decrease, with segment profit decreasing by $497 million, a 29% decrease[27, 28] - Resource Industries total sales decreased by $119 million, a 4% decrease, with segment profit decreasing by $181 million, a 25% decrease[32, 33, 34] - Energy & Transportation total sales increased by $499 million, a 7% increase, with segment profit increasing by $60 million, a 4% increase[36, 37] - Financial Products total revenues increased by $38 million, a 4% increase, with segment profit increasing by $21 million, a 9% increase[41, 42] Future Expectations - Full-year 2025 sales and revenues are expected to be slightly higher compared to 2024[51] - Net incremental tariffs for 2025 are estimated to be around $1.3 billion to $1.5 billion[51] - ME&T free cash flow for full-year 2025 is expected to be around the middle of the annual target range[51] - Net incremental tariffs are expected to be about $400 million to $500 million in 3Q 2025[54] Capital Deployment - Approximately $1.5 billion was deployed to shareholders through share repurchases and dividends[6] - Share repurchases amounted to about $800 million[46]