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Caterpillar (Caterpillar) Net Margin %

: 15.68% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Caterpillar's Net Income for the three months ended in Dec. 2023 was $2,676 Mil. Caterpillar's Revenue for the three months ended in Dec. 2023 was $17,070 Mil. Therefore, Caterpillar's net margin for the quarter that ended in Dec. 2023 was 15.68%.

The historical rank and industry rank for Caterpillar's Net Margin % or its related term are showing as below:

CAT' s Net Margin % Range Over the Past 10 Years
Min: -0.17   Med: 9.21   Max: 15.41
Current: 15.41


CAT's Net Margin % is ranked better than
89.9% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 5.025 vs CAT: 15.41

Caterpillar Net Margin % Historical Data

The historical data trend for Caterpillar's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Caterpillar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.33 7.18 12.73 11.28 15.41

Caterpillar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.76 12.25 16.87 16.62 15.68

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Caterpillar's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Caterpillar Net Margin % Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Caterpillar's Net Margin % distribution charts can be found below:

* The bar in red indicates where Caterpillar's Net Margin % falls into.



Caterpillar Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Caterpillar's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=10335/67060
=15.41 %

Caterpillar's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=2676/17070
=15.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Caterpillar  (NYSE:CAT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Caterpillar Net Margin % Related Terms

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Caterpillar (Caterpillar) Business Description

Address
5205 N. O'Connor Boulevard, Suite 100, Irving, TX, USA, 75039
Caterpillar is the premier manufacturer of heavy equipment, power solutions, and locomotives. It is currently the world's largest manufacturer of heavy equipment with over 13% market share in 2021. The company is divided into four reportable segments: construction industries, resource industries, energy and transportation, and Caterpillar Financial Services. Its products are available through a dealer network that covers the globe with about 2,700 branches maintained by 160 dealers. Caterpillar Financial Services provides retail financing for machinery and engines to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Caterpillar product sales.
Executives
Anthony D. Fassino officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Cheryl H Johnson officer: Chief Human Resources Officer 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Joseph E Creed officer: Interim CFO 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Denise C Johnson officer: Group President C/O CATERPILLAR, INCORPORATED, 901 WEST WASHINGTON, CV41110, EAST PEORIA IL 61630
Lange Bob De officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Fish James C Jr director 800 CAPITOL STREET 3000, HOUSTON TX 77002
Judith Fran Marks director C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
David Maclennan director 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Suzette M Long officer: Int. Executive Vice President 510 LAKE COOK ROAD, SUITE 100, DEERFILED IL 60015
Daniel M Dickinson director THAYER CAPITAL PARTNERS, 1455 PENNSYLVANIA AVENUE NW, STE 350, WASHINGTON DC 20004
William E Schaupp officer: Chief Accounting Officer PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Gary Michael Marvel officer: Chief Accounting Officer 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Gerald Johnson director 300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265
Ramin Younessi officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
William P Ainsworth officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD X1 60015

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