In its third-quarter 2024 earnings report, Caterpillar Inc. (CAT, Financial) revealed sales and revenues of $16.1 billion, marking a 4% decline compared to the same period last year. The primary driver behind this decrease was a drop in sales volume.
The company reported an operating profit margin of 19.5%, slightly lower than the 20.5% recorded the previous year. Additionally, earnings per share (EPS) stood at $5.06, compared to $5.45 in the third quarter of 2023.
