CATERPILLAR INC (CAT) FY2024 Annual P&L / Income Statement

CATERPILLAR INC (CAT) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total sales and revenues

64,809,000,000 US dollars

Cost of goods sold

40,199,000,000 US dollars

Gross profit (calculated)

24,610,000,000 US dollars

Operating expenses (calculated)

11,538,000,000 US dollars

Operating profit

13,072,000,000 US dollars

Other income (expense), net (calculated)

301,000,000 US dollars

Consolidated profit before taxes

13,373,000,000 US dollars

Provision (benefit) for income taxes

2,629,000,000 US dollars

Profit of consolidated and affiliated companies

10,788,000,000 US dollars

Machinery, Energy & Transportation

61,363,000,000 US dollars

Financial Products

3,446,000,000 US dollars

Goodwill impairment charge

0 US dollars

Research and development expenses

2,107,000,000 US dollars

Other operating (income) expenses

1,478,000,000 US dollars

Selling, general and administrative expenses

6,667,000,000 US dollars

Interest expense of Financial Products

1,286,000,000 US dollars

Equity in profit (loss) of unconsolidated affiliated companies

44,000,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
• Of which attributable to CATERPILLAR INC: $10.79 B; to noncontrolling interests: −$4.00 M.