Fourth-quarter 2023 sales and revenues up 3%; full-year sales and revenues up 13%
Fourth-quarter 2023 profit per share of $5.28; adjusted profit per share of $5.23
Full-year profit per share of $20.12; adjusted profit per share of $21.21
Strong operating cash flow of $12.9 billion; ended the year with $7.0 billion of enterprise cash
Returned $7.5 billion to shareholders through share repurchases and dividends in 2023
IRVING, Texas, Feb. 5, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced fourth-quarter and full-year results for 2023.
Sales and revenues for the fourth quarter of 2023 were $17.1 billion, a 3% increase compared with $16.6 billion in the fourth quarter of 2022. Operating profit margin was 18.4% for the fourth quarter of 2023, compared with 10.1% for the fourth quarter of 2022. Adjusted operating profit margin was 18.9% for the fourth quarter of 2023, compared with 17.0% for the fourth quarter of 2022. Fourth-quarter 2023 profit per share was $5.28, compared with $2.79 profit per share in the fourth quarter of 2022. Adjusted profit per share in the fourth quarter of 2023 was $5.23, compared with fourth-quarter 2022 adjusted profit per share of $3.86.
