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Key highlights from Caterpillar’s (CAT) Q2 2024 earnings results

Caterpillar Inc. (NYSE: CAT) reported its second quarter 2024 earnings results today. Sales and revenues were $16.7 billion, down 4% compared to the same period last year. Profit was $2.68 billion, or $5.48 per share, compared to $2.92 billion, or $5.67 per share, last year. Adjusted profit per share was $5.99. In the quarter, the […]

$CAT August 6, 2024 1 min read

Caterpillar Inc. (NYSE: CAT) reported its second quarter 2024 earnings results today.

Sales and revenues were $16.7 billion, down 4% compared to the same period last year.

Profit was $2.68 billion, or $5.48 per share, compared to $2.92 billion, or $5.67 per share, last year. Adjusted profit per share was $5.99.

In the quarter, the company deployed $1.8 billion of cash for repurchases of Caterpillar common stock and $0.6 billion of cash for dividends.

Prior performance

Caterpillar Q1 2024 earnings infographic
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