In the fiscal year of 2023, the Illinois-based manufacturer of machinery and engines, Caterpillar Inc, made a worldwide profit of approximately 10.3 billion U.S. dollars. This represents a significant increase of 54 percent compared to the previous year's profit. The company's profit had a fluctuating trend for the majority of the years until 2018, when the company experienced a dramatic increase in profits. The figures have remained roughly stable from 2018 to 2022, except for the year 2020, during the onset of the COVID-19 pandemic. The reported fiscal year ends on December 31.
Gross profit of Caterpillar from 2007 to 2023
(in billion U.S. dollars)
The figures were compiled from several editions of the annual reports. The values have been rounded. Profit attributable to common stockholders. In 2007, Caterpillar changed its accounting for uncertain tax positions.
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U.S. Securities and Exchange Commission. (February 16, 2024). Gross profit of Caterpillar from 2007 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/267815/caterpillars-worldwide-profit/
U.S. Securities and Exchange Commission. "Gross profit of Caterpillar from 2007 to 2023 (in billion U.S. dollars)." Chart. February 16, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/267815/caterpillars-worldwide-profit/
U.S. Securities and Exchange Commission. (2024). Gross profit of Caterpillar from 2007 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/267815/caterpillars-worldwide-profit/
U.S. Securities and Exchange Commission. "Gross Profit of Caterpillar from 2007 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Feb 2024, https://www.statista.com/statistics/267815/caterpillars-worldwide-profit/
U.S. Securities and Exchange Commission, Gross profit of Caterpillar from 2007 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/267815/caterpillars-worldwide-profit/ (last visited December 21, 2024)
Gross profit of Caterpillar from 2007 to 2023 (in billion U.S. dollars) [Graph], U.S. Securities and Exchange Commission, February 16, 2024. [Online]. Available: https://www.statista.com/statistics/267815/caterpillars-worldwide-profit/