Caterpillar Inc (CAT)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 10,792,000 | 10,677,000 | 11,007,000 | 11,248,000 | 10,335,000 | 9,113,000 | 8,360,000 | 7,111,000 | 6,705,000 | 7,371,000 | 6,756,000 | 6,496,000 | 6,489,000 | 5,149,000 | 4,391,000 | 3,436,000 | 2,998,000 | 3,316,000 | 4,142,000 | 5,304,000 |
| Revenue (ttm) | US$ in thousands | 64,809,000 | 65,664,000 | 66,368,000 | 66,997,000 | 67,060,000 | 66,587,000 | 64,771,000 | 61,700,000 | 59,427,000 | 56,628,000 | 54,031,000 | 52,673,000 | 50,971,000 | 48,408,000 | 45,892,000 | 43,000,000 | 41,748,000 | 43,657,000 | 46,534,000 | 50,969,000 |
| Net profit margin | 16.65% | 16.26% | 16.58% | 16.79% | 15.41% | 13.69% | 12.91% | 11.53% | 11.28% | 13.02% | 12.50% | 12.33% | 12.73% | 10.64% | 9.57% | 7.99% | 7.18% | 7.60% | 8.90% | 10.41% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $10,792,000K ÷ $64,809,000K
= 16.65%
Caterpillar Inc's net profit margin has shown fluctuations over the periods provided. The net profit margin indicates the percentage of revenue that translates into profit after all expenses have been deducted.
From March 31, 2020, to December 31, 2020, Caterpillar Inc's net profit margin declined steadily from 10.41% to 7.18%. However, there was a slight recovery by March 31, 2021, reaching 7.99%. The net profit margin then continued to improve, with significant increases by September 30, 2021, at 10.64%, and December 31, 2021, at 12.73%.
Over the subsequent periods, Caterpillar Inc maintained a relatively strong net profit margin, fluctuating between 11% and 16.79%, with the highest being recorded on March 31, 2024. This upward trend suggests effective cost management and operational efficiency, leading to improved profitability.
Overall, the increasing trend in net profit margin indicates that Caterpillar Inc has been successful in generating more profit relative to its revenue, reflecting positively on the company's financial health and performance.
Peer comparison
Dec 31, 2024