# CATERPILLAR INC (CAT) FY2024 Q1 P&L / Income Statement

- Company: CATERPILLAR INC (CAT)
- Period: 2024-01-01 to 2024-03-31
- Filing: Q1 FY2024 10-Q, filed 2024-05-01, accession number 0000018230-24-000020
- Page: https://plicit.ai/financials/cat/fy2024-q1-income-statement
- Chart image: https://plicit.ai/charts/cat-fy2024-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total sales and revenues**: 15,799,000,000 US dollars
- **Cost of goods sold**: 9,662,000,000 US dollars
- **Gross profit (calculated)**: 6,137,000,000 US dollars
- **Operating expenses (calculated)**: 2,618,000,000 US dollars
- **Operating profit**: 3,519,000,000 US dollars
- **Other income (expense), net (calculated)**: 13,000,000 US dollars
- **Consolidated profit before taxes**: 3,532,000,000 US dollars
- **Provision (benefit) for income taxes**: 688,000,000 US dollars
- **Profit of consolidated and affiliated companies**: 2,854,000,000 US dollars
- **Machinery, Energy & Transportation**: 14,960,000,000 US dollars
- **Financial Products**: 839,000,000 US dollars
- **Other operating (income) expenses**: 223,000,000 US dollars
- **Selling, general and administrative expenses**: 1,577,000,000 US dollars
- **Interest expense of Financial Products**: 298,000,000 US dollars
- **Research and development expenses**: 520,000,000 US dollars
- **Equity in profit (loss) of unconsolidated affiliated companies**: 10,000,000 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: $2.86 B; to noncontrolling interests: −$2.00 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/cat/fy2024-q1-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/cat-fy2024-q1-revenue-by-geography-sankey.png

Income statement for 2024-01-01 through 2024-03-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total sales and revenues**: 15,799,000,000 US dollars
- **Cost of goods sold**: 9,662,000,000 US dollars
- **Gross profit (calculated)**: 6,137,000,000 US dollars
- **Operating expenses (calculated)**: 2,618,000,000 US dollars
- **Operating profit**: 3,519,000,000 US dollars
- **Other income (expense), net (calculated)**: 13,000,000 US dollars
- **Consolidated profit before taxes**: 3,532,000,000 US dollars
- **Provision (benefit) for income taxes**: 688,000,000 US dollars
- **Profit of consolidated and affiliated companies**: 2,854,000,000 US dollars
- **North America**: 8,573,000,000 US dollars
- **Latin America**: 1,559,000,000 US dollars
- **EMEA**: 2,852,000,000 US dollars
- **Asia/ Pacific**: 2,815,000,000 US dollars
- **Other operating (income) expenses**: 223,000,000 US dollars
- **Selling, general and administrative expenses**: 1,577,000,000 US dollars
- **Interest expense of Financial Products**: 298,000,000 US dollars
- **Research and development expenses**: 520,000,000 US dollars
- **Equity in profit (loss) of unconsolidated affiliated companies**: 10,000,000 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: $2.86 B; to noncontrolling interests: −$2.00 M.

## Chart details: Revenue by Business Segment (2)

- Page: https://plicit.ai/financials/cat/fy2024-q1-income-statement/revenue-by-business-segment-2
- Chart image: https://plicit.ai/charts/cat-fy2024-q1-revenue-by-business-segment-2-sankey.png

Income statement for 2024-01-01 through 2024-03-31. View: Business segment (Operating Segments Excluding Intersegment Elimination). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total sales and revenues**: 15,799,000,000 US dollars
- **Cost of goods sold**: 9,662,000,000 US dollars
- **Gross profit (calculated)**: 6,137,000,000 US dollars
- **Operating expenses (calculated)**: 2,618,000,000 US dollars
- **Operating profit**: 3,519,000,000 US dollars
- **Other income (expense), net (calculated)**: 13,000,000 US dollars
- **Consolidated profit before taxes**: 3,532,000,000 US dollars
- **Provision (benefit) for income taxes**: 688,000,000 US dollars
- **Profit of consolidated and affiliated companies**: 2,854,000,000 US dollars
- **Construction Industries**: 6,417,000,000 US dollars
- **Energy & Transportation**: 5,487,000,000 US dollars
- **Financial Products Segment**: 991,000,000 US dollars
- **Resource Industries**: 3,096,000,000 US dollars
- **Other Segments**: 34,000,000 US dollars
- **Other operating (income) expenses**: 223,000,000 US dollars
- **Selling, general and administrative expenses**: 1,577,000,000 US dollars
- **Interest expense of Financial Products**: 298,000,000 US dollars
- **Research and development expenses**: 520,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 16,025,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate Items**: negative 226,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Equity in profit (loss) of unconsolidated affiliated companies**: 10,000,000 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.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to CATERPILLAR INC: $2.86 B; to noncontrolling interests: −$2.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/cat/fy2024-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/cat-fy2024-q1-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total sales and revenues**: 15,799,000,000 US dollars
- **Cost of goods sold**: 9,662,000,000 US dollars
- **Gross profit (calculated)**: 6,137,000,000 US dollars
- **Operating expenses (calculated)**: 2,618,000,000 US dollars
- **Operating profit**: 3,519,000,000 US dollars
- **Other income (expense), net (calculated)**: 13,000,000 US dollars
- **Consolidated profit before taxes**: 3,532,000,000 US dollars
- **Provision (benefit) for income taxes**: 688,000,000 US dollars
- **Profit of consolidated and affiliated companies**: 2,854,000,000 US dollars
- **Construction Industries**: 6,424,000,000 US dollars
- **Resource Industries**: 3,193,000,000 US dollars
- **Energy & Transportation**: 6,681,000,000 US dollars
- **Financial Products Segment**: 991,000,000 US dollars
- **Other Segments**: 109,000,000 US dollars
- **Other operating (income) expenses**: 223,000,000 US dollars
- **Selling, general and administrative expenses**: 1,577,000,000 US dollars
- **Interest expense of Financial Products**: 298,000,000 US dollars
- **Research and development expenses**: 520,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 17,398,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate Reconciling Items and Eliminations**: negative 1,599,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Equity in profit (loss) of unconsolidated affiliated companies**: 10,000,000 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.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to CATERPILLAR INC: $2.86 B; to noncontrolling interests: −$2.00 M.

## Chart details: Revenue by Business Segment by Customer

- Page: https://plicit.ai/financials/cat/fy2024-q1-income-statement/revenue-by-business-segment-by-customer
- Chart image: https://plicit.ai/charts/cat-fy2024-q1-revenue-by-business-segment-by-customer-sankey.png

Income statement for 2024-01-01 through 2024-03-31. View: Business segment by customer. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total sales and revenues**: 15,799,000,000 US dollars
- **Cost of goods sold**: 9,662,000,000 US dollars
- **Gross profit (calculated)**: 6,137,000,000 US dollars
- **Operating expenses (calculated)**: 2,618,000,000 US dollars
- **Operating profit**: 3,519,000,000 US dollars
- **Other income (expense), net (calculated)**: 13,000,000 US dollars
- **Consolidated profit before taxes**: 3,532,000,000 US dollars
- **Provision (benefit) for income taxes**: 688,000,000 US dollars
- **Profit of consolidated and affiliated companies**: 2,854,000,000 US dollars
- **Energy & Transportation - Industrial**: 989,000,000 US dollars
- **Energy & Transportation - Oil and gas**: 1,568,000,000 US dollars
- **Energy & Transportation - Power generation**: 1,618,000,000 US dollars
- **Energy & Transportation - Transportation**: 1,312,000,000 US dollars
- **Construction Industries**: 6,417,000,000 US dollars
- **Financial Products Segment**: 991,000,000 US dollars
- **Resource Industries**: 3,096,000,000 US dollars
- **Other Segments**: 34,000,000 US dollars
- **Other operating (income) expenses**: 223,000,000 US dollars
- **Selling, general and administrative expenses**: 1,577,000,000 US dollars
- **Interest expense of Financial Products**: 298,000,000 US dollars
- **Research and development expenses**: 520,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 16,025,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate Items**: negative 226,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Equity in profit (loss) of unconsolidated affiliated companies**: 10,000,000 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.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to CATERPILLAR INC: $2.86 B; to noncontrolling interests: −$2.00 M.