Caterpillar Reports Fourth Quarter and Full Year 2022 Results

Caterpillar Reports Fourth Quarter and Full Year 2022 Results

February 01, 2023

Sales and revenues up 20% in Q4 2022%;Full year sales and revenue growth of 17%

Earnings per share for the fourth quarter of 2022 2.$79;Adjusted earnings per share3.$86

Other income in the fourth quarter of 2022(Cost)Contains 0 per share in.A disadvantage of $41 ME&T Foreign currency impact,

This had a negative impact on earnings per share and adjusted earnings per share

Earnings per share for the year 12.$64;Adjusted earnings per share 13.84 dollars

Strong operating cash flow of $7.8 billion;Finished the year with $7 billion in corporate cash.

Return $6.7 billion to shareholders through share buybacks and dividends in 2022

Irving, Texas – Caterpillar Inc(New York Stock Exchange:CAT)Fourth quarter and full year 2022 results were announced today.。

Fourth quarter 2022 sales and revenues of $16.6 billion,Up 20% from $13.8 billion in Q4 2021%。In the fourth quarter of 2022, the profit per share was 2.$79,In the fourth quarter of 2021, profit per share was 3..$91 Adjusted earnings per share for the fourth quarter of 2022 were 3..$86,In the fourth quarter of 2021, the adjusted earnings per share was 2..$69。Earnings per share for the fourth quarter of 2022 include ME&T Foreign currency to other income(Cost)Adverse effects of,0 per share.Forty-one dollars,Primarily related to balance sheet translation,In the fourth quarter of 2021, the favorable impact was 0..01 dollars。

Full year 2022 sales and revenues of $59.4 billion,Up 17% from $51 billion in 2021%。This increase reflects changes in dealer inventory.、Under the influence of increased services and equipment sales,Favorable price realization and higher sales volume to end users。Dealers add $2.4 billion in inventory in 2022,In 2021, it was basically flat.。Full year profit of 12 per share in 2022.$64,Full-year profit in 2021 was 11 per share..$83。Adjusted earnings per share of 13 in 2022.84 dollars,Compared to adjusted profit of 10 per share in 2021.Eighty-one dollars。

“Our global team has produced one of the best years in our nearly 100-year history.,Including record full-year adjusted EPS,”Caterpillar Chairman and Chief Executive Officer Jim Umpleby Say。“Despite supply chain challenges,The team still delivered double-digit revenue growth.,And produced a strong ME&T Free cash flow。We remain committed to serving our customers.,Execute our strategy and invest for long-term profitable growth。”

2022,Adjusted EPS excludes goodwill impairment charges and restructuring costs related to the railroad segment.、Re-measurement of pension and other post-employment benefits (OPEB) Planned mark-to-market gains and other restructuring costs。2021,Adjusted earnings per share exclude the effects of the remeasurement of pension and OPEB Mark-to-market gains and restructuring costs arising from the plan。See in the appendix on page 14 GAAP And not GAAP Reconciliation of financial indicators。

The whole year of 2022,Cash flow from operations was $7.8 billion.。During the year,The company repurchased $4.2 billion of Caterpillar common stock.,And paid $2.4 billion in dividends.。Liquidity remains strong,By the end of 2022, the cash balance of enterprises is 7 billion US dollars.。

Featured

XCMG: Six bridges and two engines, XCA400L8 _ 1 is high-tech!

XCMG: Six bridges and two engines, XCA400L8 _ 1 is high-tech!

Set a New National Record, Sinotruk Heavy Truck Export Exceeds 14000 Vehicles in February!

Set a New National Record, Sinotruk Heavy Truck Export Exceeds 14000 Vehicles in February!

Renovation of Patterns? Zhonglian Mining Machine "Customer Activity Day" Officially Opened

Renovation of Patterns? Zhonglian Mining Machine "Customer Activity Day" Officially Opened

Good news of delivery | Batch delivery of 30 SJM 3090F wide-body dump trucks

Good news of delivery | Batch delivery of 30 SJM 3090F wide-body dump trucks

Trending Products

XCMG Official 5m 1000W*2 Hand Push Operated Lifting Telescopic Mobile Metal Halide Lamp Balloon Light Tower

XCMG Official 5m 1000W*2 Hand Push Operated Lifting Telescopic Mobile Metal Halide Lamp Balloon Light Tower

XCMG Official 5m Hand Push Lifting Telescopic Mobile Halogen Lamp Light Tower for Construction Site and Mining

XCMG Official 5m Hand Push Lifting Telescopic Mobile Halogen Lamp Light Tower for Construction Site and Mining

XCMG Factory 9m Hydraulic Mast Diesel Generator Trailer Mobile LED Stadium Light Tower

XCMG Factory 9m Hydraulic Mast Diesel Generator Trailer Mobile LED Stadium Light Tower

XCMG Official 7m China New Mobile Diesel Generator Explosion Proof LED Work Light Tower for Sale

XCMG Official 7m China New Mobile Diesel Generator Explosion Proof LED Work Light Tower for Sale

Engineering Machinery Vocabulary
TO TOP