Caterpillar, Inc. (CAT), 2024 Q4 earnings digest

$CAT has released its earnings report for Q4 2024, showing adjusted profit per share at $5.14, down 2% year-over-year, with services revenue growing to a record $24 billion. Despite a 5% decrease in total sales to $16.2 billion, the backlog rose to $30 billion . For 2025, a slight drop in sales is anticipated, but services are expected to grow . Risks include lower sales volumes and potential pricing pressures. Highlights include solid cash flow of $9.4 billion . For more details, visit http://valueverge.com/CAT.