Caterpillar Inc. (NYSE: CAT), a leading manufacturer of construction and mining equipment, on Wednesday announced financial results for the first quarter of 2025, reporting a decline in revenue and adjusted earnings.
Sales and revenues declined to $14.2 billion in the first quarter from $15.8 billion in the corresponding quarter last year. As a result, Q1 earnings, on an adjusted basis, decreased to $4.25 per share from $5.60 per share last year.
Profit attributable to the company was $2.0 billion or $4.20 per share in the March quarter, compared to $2.86 billion or $5.75 per share in Q1 2024.
