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Caterpillar Reports a 5% Dip in Q4 Sales to $16.2B Amidst Challenging Market Conditions

Jessica Bennett 31 Jan, 2025

Caterpillar Inc. reports a 5% decrease in Q4 sales to $16.2 billion, with a slight profit increase. The company's annual revenue fell by 3.9%, but profit grew by 4.9%. CEO Jim Umpl...

Business

Caterpillar Reports 5% Drop in Q4 Sales to $16.2B Amidst Profit Growth

Michael Lee 30 Jan, 2025

Caterpillar Inc. announced a 5% decrease in Q4 sales to $16.2 billion, with a 4% profit increase to $2.8 billion. The company's 2024 revenue fell 3.9% to $61.9 billion, while profi...