Caterpillar Inc (CAT)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 13,324,000 | 13,534,000 | 13,836,000 | 13,748,000 | 12,966,000 | 11,512,000 | 10,488,000 | 8,780,000 | 7,904,000 | 7,835,000 | 7,074,000 | 6,919,000 | 6,878,000 | 6,647,000 | 5,968,000 | 4,963,000 | 4,553,000 | 5,023,000 | 6,058,000 | 7,487,000 |
| 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 |
| Operating profit margin | 20.56% | 20.61% | 20.85% | 20.52% | 19.33% | 17.29% | 16.19% | 14.23% | 13.30% | 13.84% | 13.09% | 13.14% | 13.49% | 13.73% | 13.00% | 11.54% | 10.91% | 11.51% | 13.02% | 14.69% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $13,324,000K ÷ $64,809,000K
= 20.56%
Caterpillar Inc has shown a fluctuating trend in its operating profit margin over the provided period. The operating profit margin started at 14.69% on March 31, 2020, and gradually decreased to a low of 10.91% on December 31, 2020. However, from March 31, 2021, the company's operating profit margin started to pick up again, reaching 20.56% on December 31, 2024.
The fluctuation in the operating profit margin indicates varying levels of efficiency in managing operating expenses and generating profits from its core business activities. The company's ability to improve its operating profit margin towards the end of the period suggests successful cost management and revenue growth strategies implemented by Caterpillar Inc.
Overall, the increasing trend in the operating profit margin over the period reflects Caterpillar Inc's ability to enhance profitability and operational efficiency, which may be positively perceived by investors and stakeholders.
Peer comparison
Dec 31, 2024