Market Cap : 102.41 B | Enterprise Value : 131.63 B | PE Ratio : 15.52 | PB Ratio : 6.50 |
---|
NYSE:CAT has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NYSE:CAT has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Caterpillar's net income for the three months ended in Jun. 2022 was $1,673 Mil. Its net income for the trailing twelve months (TTM) ended in Jun. 2022 was $6,756 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Caterpillar's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $3.13.
The historical data trend for Caterpillar's Net Income 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.
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income
= Revenue
- Cost of Goods Sold
- Selling, General, & Admin. Expense
- Research & Development
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= EBITDA
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Operating Income
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others
Caterpillar's Net Income for the fiscal year that ended in Dec. 2021 is calculated as
Net Income | (A: Dec. 2021 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 8204 | + | -1742 | + | 0 | + | 27 |
= | 6,489 |
Caterpillar's Net Income for the quarter that ended in Jun. 2022 is calculated as
Net Income | (Q: Jun. 2022 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 2096 | + | -427 | + | 0 | + | 4 |
= | 1,673 |
Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,756 Mil.
* 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.
Net income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
Caterpillar's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2022 is calculated as
Earnings per Share (Diluted) (Q: Jun. 2022 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (1673 | - | 0) | / | 534.100 | |
= | 3.13 |
* 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.
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.
EPS is most useful for companies that have:
A predictable businessThe dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of Caterpillar's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Schaupp William E | officer: Chief Accounting Officer | PPG INDUSTRIES, INC. ONE PPG PLACE PITTSBURGH PA 15272 |
Maclennan David | director | 14701 CHARLSON ROAD EDEN PRAIRIE MN 55347 |
Johnson Gerald | director | 300 RENAISSANCE CENTER M/C: 482-C23-A68 DETROIT MI 48265 |
Fassino Anthony D. | officer: Group President | 510 LAKE COOK ROAD SUITE 100 DEERFIELD IL 60015 |
Marvel Gary Michael | officer: Chief Accounting Officer | 510 LAKE COOK ROAD SUITE 100 DEERFIELD IL 60015 |
Ainsworth William P | officer: Group President | 510 LAKE COOK ROAD SUITE 100 DEERFIELD X1 60015 |
Bonfield Andrew R J | officer: Chief Financial Officer | C/O BRISTOL MYERS SQUIBB CO 345 PARK AVE NEW YORK NY 10164 |
Younessi Ramin | officer: Group President | 510 LAKE COOK ROAD SUITE 100 DEERFIELD IL 60015 |
Creed Joseph E | officer: Interim CFO | 510 LAKE COOK ROAD SUITE 100 DEERFIELD IL 60015 |
Ayotte Kelly | director | C/O NEWS CORPORATION 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036 |
Johnson Cheryl H | officer: Chief Human Resources Officer | 40 WESTMINSTER STREET PROVIDENCE RI 02903 |
Wilkins Rayford Jr | director | 208 S. AKARD ST. -- DALLAS TX 75202 |
Long Suzette M | officer: Int. Executive Vice President | 510 LAKE COOK ROAD SUITE 100 DEERFILED IL 60015 |
De Lange Bob | officer: Group President | 510 LAKE COOK ROAD SUITE 100 DEERFIELD IL 60015 |
Johnson Denise C | officer: Group President | C/O CATERPILLAR, INCORPORATED 901 WEST WASHINGTON, CV41110 EAST PEORIA IL 61630 |
From GuruFocus
By PRNewswire 12-08-2021
By PRNewswire 01-31-2022
Other Sources
By tipranks.com 2022-02-20
By Fool 2022-04-03
By Zacks 2022-03-10
By Zacks 2022-04-04
By Zacks 2022-03-15
By Fool 2022-03-29
By Zacks 2022-03-04
By Zacks 2022-04-06
By Zacks 2022-03-09
By Zacks 2022-03-21
By Zacks 2022-03-09
By Zacks 2022-04-05