Caterpillar (CAT) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter rose compared to the previous quarter but fell compared to the same quarter a year earlier. The year-over-year decline extended a pattern of decreases seen in recent quarters.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter rose compared to the previous quarter but fell compared to the same quarter a year earlier. The year-over-year decline extended a pattern of decreases seen in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$16.2B
Revenue reported for this quarter.
Quarter-over-quarter
+0.7%
Change from the immediately preceding quarter.
Year-over-year
-5.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$64.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $15.8B | -0.4% |
| Jun 30, 2024 | $16.7B | -3.6% |
| Sep 30, 2024 | $16.1B | -4.2% |
| Dec 31, 2024 | $16.2B | -5.0% |
Revenue performance
Revenue increased sequentially, reflecting a modest improvement from the prior three-month period. However, the year-over-year comparison showed a decline.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was higher. Compared to the same quarter one year ago, revenue was lower.
What to watch
The year-over-year revenue decline has persisted for multiple quarters, indicating a sustained trend.