Sign In
Buy CAT
Caterpillar Earnings Calls
| Release date | Oct 29, 2025 |
| EPS estimate | $4.53 |
| EPS actual | $4.95 |
| EPS Surprise | 9.27% |
| Revenue estimate | 16.773B |
| Revenue actual | 17.638B |
| Revenue Surprise | 5.16% |
| Release date | Aug 05, 2025 |
| EPS estimate | $4.89 |
| EPS actual | $4.72 |
| EPS Surprise | -3.48% |
| Revenue estimate | 16.302B |
| Revenue actual | 16.569B |
| Revenue Surprise | 1.64% |
| Release date | Apr 30, 2025 |
| EPS estimate | $4.35 |
| EPS actual | $4.25 |
| EPS Surprise | -2.30% |
| Revenue estimate | 14.721B |
| Revenue actual | 14.249B |
| Revenue Surprise | -3.21% |
| Release date | Jan 30, 2025 |
| EPS estimate | $5.06 |
| EPS actual | $5.14 |
| EPS Surprise | 1.58% |
| Revenue estimate | 16.61B |
| Revenue actual | 16.215B |
| Revenue Surprise | -2.38% |
Last 4 Quarters for Caterpillar
Below you can see how CAT performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jan 30, 2025 |
| Price on release | $374.98 |
| EPS estimate | $5.06 |
| EPS actual | $5.14 |
| EPS surprise | 1.58% |
| Date | Price |
|---|---|
| Jan 24, 2025 | $407.63 |
| Jan 27, 2025 | $394.98 |
| Jan 28, 2025 | $390.29 |
| Jan 29, 2025 | $393.23 |
| Jan 30, 2025 | $374.98 |
| Jan 31, 2025 | $371.44 |
| Feb 03, 2025 | $361.55 |
| Feb 04, 2025 | $361.95 |
| Feb 05, 2025 | $358.85 |
| 4 days before | -8.01% |
| 4 days after | -4.30% |
| On release day | -0.94% |
| Change in period | -11.97% |
| Release date | Apr 30, 2025 |
| Price on release | $309.27 |
| EPS estimate | $4.35 |
| EPS actual | $4.25 |
| EPS surprise | -2.30% |
| Date | Price |
|---|---|
| Apr 24, 2025 | $306.86 |
| Apr 25, 2025 | $306.45 |
| Apr 28, 2025 | $307.06 |
| Apr 29, 2025 | $307.40 |
| Apr 30, 2025 | $309.27 |
| May 01, 2025 | $313.96 |
| May 02, 2025 | $323.68 |
| May 05, 2025 | $323.11 |
| May 06, 2025 | $320.89 |
| 4 days before | 0.785% |
| 4 days after | 3.76% |
| On release day | 1.52% |
| Change in period | 4.57% |
| Release date | Aug 05, 2025 |
| Price on release | $434.23 |
| EPS estimate | $4.89 |
| EPS actual | $4.72 |
| EPS surprise | -3.48% |
| Date | Price |
|---|---|
| Jul 30, 2025 | $434.12 |
| Jul 31, 2025 | $438.02 |
| Aug 01, 2025 | $428.69 |
| Aug 04, 2025 | $433.70 |
| Aug 05, 2025 | $434.23 |
| Aug 06, 2025 | $427.72 |
| Aug 07, 2025 | $417.12 |
| Aug 08, 2025 | $416.52 |
| Aug 11, 2025 | $408.54 |
| 4 days before | 0.0253% |
| 4 days after | -5.92% |
| On release day | -1.50% |
| Change in period | -5.89% |
| Release date | Oct 29, 2025 |
| Price on release | $585.49 |
| EPS estimate | $4.53 |
| EPS actual | $4.95 |
| EPS surprise | 9.27% |
| Date | Price |
|---|---|
| Oct 23, 2025 | $520.50 |
| Oct 24, 2025 | $522.73 |
| Oct 27, 2025 | $527.07 |
| Oct 28, 2025 | $524.47 |
| Oct 29, 2025 | $585.49 |
| Oct 30, 2025 | $583.15 |
| Oct 31, 2025 | $577.26 |
| Nov 03, 2025 | $570.59 |
| Nov 04, 2025 | $547.58 |
| 4 days before | 12.49% |
| 4 days after | -6.47% |
| On release day | -0.400% |
| Change in period | 5.20% |
Caterpillar Earnings Call Transcript Summary of Q3 2025
Caterpillar reported a strong third quarter of 2025 with sales and revenues of $17.6 billion (a 10% increase and an all-time single-quarter record), record backlog of $39.8 billion (up ~$2.4B sequentially, driven largely by Energy & Transportation), and ME&T free cash flow of $3.2 billion. Sales to end users rose 12% year-over-year (25% in Energy & Transportation), with broad volume strength across segments and regions (except Asia Pacific softness). Adjusted operating profit margin was 17.5%, slightly better than expectations despite an estimated net incremental tariff headwind near the top of the company’s prior range. Caterpillar now expects modest full-year 2025 sales growth versus 2024 and reiterated ME&T free cash flow above the midpoint of its $5–$10 billion target range. The company estimates the full-year net impact from 2025 incremental tariffs at $1.6–$1.75 billion (with a larger fourth-quarter tariff headwind of ~$650–$800 million), is implementing mitigating actions, and will consider longer-term investments only when trade-policy certainty improves. Management highlighted strong demand in power generation (notably data center prime power related to cloud and AI), continued strength in oil & gas (turbines/turbine services), healthy construction activity in several regions, and order strength in large mining equipment and autonomous solutions. Balance sheet and liquidity remain strong; capital deployment included $1.1 billion to shareholders in the quarter (dividends and buybacks). Management will provide more detail at Investor Day (Nov 4).
