Caterpillar Inc.

CAT ·Industrials, Farm & Heavy Construction Machinery, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $45.46B $38.54B $47.01B $55.18B $55.66B $65.88B $60.14B $42.59B
Construction Industries $19.13B $15.61B
Resource Industries $7.50B $5.73B
Energy & Transportation $15.96B $14.41B
Financial Products $3.09B $2.99B
All Other Segments $178.0M $139.0M
Corporate Items and Eliminations $-410.0M $-344.0M
Cost of Revenue $31.26B $28.04B $33.55B $40.72B $40.73B $47.06B $43.58B $30.37B
Gross Profit $14.20B $10.49B $13.47B $14.47B $14.93B $18.82B $16.56B $12.22B
Gross Margin 31.2% 27.2% 28.6% 26.2% 26.8% 28.6% 27.5% 28.7%
Operating Expenses
Research & Development $1.84B $1.85B $2.12B $2.38B $2.05B $2.47B $2.30B $1.91B
SG&A Expense $5.00B $4.38B $4.95B $6.53B $5.55B $5.92B $5.20B $4.25B
Operating Income $4.46B $1.16B $3.79B $3.31B $5.63B $8.57B $7.15B $3.96B
Operating Margin 9.8% 3.0% 8.1% 6.0% 10.1% 13.0% 11.9% 9.3%
Interest Expense
Pretax Income $4.08B $139.0M $3.44B $3.15B $5.13B $8.24B $6.73B $3.75B
Income Tax Expense $3.34B $192.0M $916.0M $692.0M $1.32B $2.53B $1.72B $968.0M
Net Income $759.0M $-59.0M $2.52B $2.47B $3.80B $5.72B $4.98B $2.70B
Net Margin 1.7% -0.2% 5.4% 4.5% 6.8% 8.7% 8.3% 6.3%
EPS (Basic) $1.27 $-0.11 $4.23 $3.97 $5.87 $8.71 $7.64 $4.28
EPS (Diluted) $1.26 $-0.11 $4.18 $3.90 $5.75 $8.48 $7.40 $4.15
Shares Outstanding (Basic) 591.8M 584.3M 594.3M 617.2M 645.2M 652.6M 645.0M 631.5M
Shares Outstanding (Diluted) 599.3M 584.3M 601.3M 628.9M 658.6M 669.6M 666.1M 650.4M
Dividends Per Share $3.11 $3.08 $3.01 $2.70 $2.32 $2.02 $1.82 $1.74
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