Caterpillar Reports Second Quarter 2023 Results

Caterpillar Reports Second Quarter 2023 Results

August 17, 2023

Caterpillar Inc(NYSE symbol:CAT)Announced a few days ago,Sales and revenues for the second quarter of 2023 were $17.3 billion,Up 22% from $14.2 billion in the second quarter of 2022%。The increase was mainly due to the increase in sales volume and the increase in price.。

Operating margin for the second quarter of 2023 was21.1%,Compared to Q2 202213.6%。Adjusted operating margin for the second quarter of 2023 was.21.3%,Compared to Q2 202213.8%。Earnings per share for the second quarter of 2023 was5.67Dollar,Earnings per share in the second quarter of 2022 were3.13Dollar。Adjusted earnings per share for the second quarter of 2023 was5.55Dollar,In the second quarter of 2022, the adjusted earnings per share was3.18Dollar。Both adjusted operating margin and adjusted earnings per share for the second quarters of 2023 and 2022 exclude restructuring costs.。Adjusted earnings per share for the second quarter of 2023 do not include an unconventional tax benefit resulting from an adjustment to the deferred tax balance.。

First half of 2023,What is the net cash flow from operating activities?4.8 billionDollar。At the end of the second quarter,Owned by the company7.4 billionCash in US dollars。In the second quarter,The company bought it back1.4 billion$Caterpillar common stock,And paid600 millionDividend in US dollars。

 An Bojun 

Chairman of Caterpillar

And chief executive officer

The Caterpillar global team delivered strong operational results in the second quarter,I'm proud of it.。We delivered double-digit revenue growth and record-breaking adjusted earnings per share,Simultaneous mechanical、Energy and transportation businesses generate strong cash flow,This performance reflects continued healthy demand.。Our team remains committed to serving our customers.,Execute the enterprise strategy,And continue to invest in long-term profitable growth。

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