CAT Q2 2017 Earnings Report — Caterpillar Inc. Revenue & Financial Results | Market Cap Arena

Caterpillar Inc.CAT

Q2 2017 Earnings

Reported August 2, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2017	Q1 2017	Q2 2016	QoQ Change	YoY Change
Revenue	$11.3B	—	—	—	—
Op. Income	$1.2B	—	—	—	—
Gross Margin	29.6%	—	—	—	—
Net Margin	7.1%	—	—	—	—
EPS (Diluted)	$1.35	—	—	—	—
Free Cash Flow	$1.8B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$11.3B
Cost of Revenue	$8.0B
GROSS PROFIT	$3.4B
R&D Expenses	$458M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.3B
Other Expenses	$407M
Operating Expenses	$2.2B
Cost & Expenses	$10.1B
OPERATING INCOME	$1.2B
Interest Income	$32M
Interest Expense	$120M
Other Income/Expenses	-$20M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$361M
Net Income from Continuing Ops	$803M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$802M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$802M
D&A	$720M
EBIT	$1.3B
EBITDA	$2.0B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$11.3B
Cost of Revenue	$8.0B
GROSS PROFIT	$3.4B
R&D Expenses	$458M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.3B
Other Expenses	$407M
Operating Expenses	$2.2B
Cost & Expenses	$10.1B
OPERATING INCOME	$1.2B
Interest Income	$32M
Interest Expense	$120M
Other Income/Expenses	-$20M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$361M
Net Income from Continuing Ops	$803M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$802M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$802M
D&A	$720M
EBIT	$1.3B
EBITDA	$2.0B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$803M
Depreciation & Amortization	$720M
Stock-Based Compensation	$68M
Deferred Income Tax	$0
Other Non-Cash Items	$120M
Change in Working Capital	$671M
OPERATING CASH FLOW	$2.4B
Capital Expenditure	-$615M
Acquisitions (Net)	$91M
Purchases of Investments	-$145M
Sales/Maturities of Investments	$98M
Other Investing Activities	$338M
NET CASH FROM INVESTING	-$66M
Net Debt Issuance	-$1.2B
Common Stock Repurchased	$19M
Common Dividends Paid	-$454M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$1.6B
FREE CASH FLOW	$1.8B
Net Change in Cash	$748M

Balance Sheet

Item	Amount
Cash & Equivalents	$0
Short-Term Investments	$0
Net Receivables	$15.6B
Inventory	$9.4B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$37.0B
PP&E (Net)	$14.4B
Goodwill	$6.1B
Intangible Assets	$2.2B
Long-Term Investments	$0
Tax Assets	$2.9B
Other Non-Current Assets	$15.9B
TOTAL NON-CURRENT ASSETS	$41.5B
TOTAL ASSETS	$78.5B
Account Payables	$5.8B
Short-Term Debt	$13.4B
Deferred Revenue	$1.5B
Other Current Liabilities	$1.8B
TOTAL CURRENT LIABILITIES	$28.1B
Long-Term Debt	$23.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$12.5B
TOTAL NON-CURRENT LIABILITIES	$36.3B
TOTAL LIABILITIES	$64.4B
Common Stock	$5.3B
Additional Paid-In Capital	$0
Retained Earnings	$27.5B
Treasury Stock	-$17.3B
Accum. Other Comp. Income	-$1.5B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$14.0B
Minority Interest	$70M
TOTAL EQUITY	$14.1B
TOTAL LIABILITIES & EQUITY	$78.5B
Total Debt	$37.2B
Net Debt	$37.2B