January 28, 2019

Caterpillar Reports Fourth-Quarter and Full-Year 2018 Results; Provides Outlook for 2019
Record Full-Year Profit Per Share; 2019 Profit Per Share Expected to Increase

• Fourth-quarter sales and revenues up 11 percent; full-year sales and revenues up 20 percent

• Strong financial position; ended 2018 with $7.9 billion of enterprise cash

• Repurchased $1.8 billion in company stock in the fourth quarter and $3.8 billion for the full year

• 2019 profit per share expected to increase; outlook range of $11.75 to $12.75