FINHUB Insights

CAT · Q4 FY23 · Oct 1 – Dec 31, 2023

Caterpillar Q4 FY23: where the revenue came from and where it went

Caterpillar Q4 FY23: revenue $17.1B (+3% year over year). Net profit $2.7B. Largest cohort Construction industries $7.0B. The whole income statement as a sankey diagram from the SEC filing.

Period
Oct 1 – Dec 31, 2023
Reported
Feb 16, 2024 10-K
Sankey diagram of Caterpillar's income statement for Q4 FY23: revenue of $17.07 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$17.07B +3% year over year
Gross profit$6.05B 35% margin
Operating profit$3.13B 18% margin
Net profit$2.67B 16% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY23 (period ends Dec 31, 2023).
ItemValueShare of revenueYear over year
Revenue 17.07 100% +3%
Construction industries 6.98 41%
Energy & transportation 4.94 29%
Resource industries 2.83 17%
Other 1.40 8%
Financial products 0.91 5%
All other operating 0.02 0%
Cost of revenue−11.0265%
Gross profit6.0535% margin+5pp
R&D−0.553%+1pp
SG&A−1.7610%+1pp
Other−0.614%+0pp
Operating profit3.1318% margin+8pp
Tax−0.59
Net profit2.6716%+7pp
Filing on EDGAR More quarters of CAT

Source of the numbers: tables in the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.