Analysis of Revenues
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- Balance Sheet: Assets
- Common-Size Income Statement
- Common-Size Balance Sheet: Assets
- Analysis of Liquidity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Selected Financial Data since 2005
- Total Asset Turnover since 2005
- Price to Operating Profit (P/OP) since 2005
- Price to Sales (P/S) since 2005
- Analysis of Debt
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Revenues as Reported
Caterpillar Inc., income statement, revenues
US$ in millions
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
- North America Revenue Trend
- The revenue in North America demonstrates a steady and significant increase from 18,214 million USD in 2020 to a peak of 34,606 million USD in 2023. However, there is a slight decline in 2024, with revenue decreasing marginally to 34,397 million USD.
- Latin America Revenue Trend
- Latin America exhibits consistent growth over the observed period. Revenues increased from 3,432 million USD in 2020 to 6,738 million USD in 2022, with a minor dip in 2023 to 6,665 million USD followed by a slight recovery to 6,708 million USD in 2024.
- Europe, Africa, the Middle East and Eurasia (EAME) Revenue Trend
- Revenues in the EAME region show growth from 9,858 million USD in 2020 to 13,673 million USD in 2023. However, there is a notable decline to 12,316 million USD in 2024, suggesting a potential market or operational challenge during the latest period.
- Asia/Pacific Revenue Trend
- Revenue growth in Asia/Pacific is relatively modest compared to other regions. Starting at 10,244 million USD in 2020, revenues gradually climb to 12,116 million USD in 2023 but then decrease to 11,388 million USD in 2024, indicating some volatility or market pressure in the most recent year.
- Total External Sales and Revenues
- Total external sales and revenues increase consistently from 41,748 million USD in 2020 to 67,060 million USD in 2023. In 2024, total revenues decline to 64,809 million USD, reflecting the declines observed in several key regions.
- Overall Analysis
- The data reveals sustained revenue growth across almost all regions from 2020 to 2023, with the highest incremental gains recorded in North America. The year 2024 marks a reversal or plateau in several markets, notably in North America, EAME, and Asia/Pacific. The slight decreases in these regions contribute to an overall reduction in total revenues after a strong growth period. These trends suggest that while the company experienced robust expansion in the earlier years, the latest period indicates emerging challenges or shifts in market dynamics that impacted revenue performance.