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Caterpillar’s 2020 Q3 revenue fell 23% year-on-year, and adjusted earnings per share were $1.34

Oct 28, 2020

Zhitong Finance APP learned that on October 27, before the US stock market, Caterpillar (CAT.US) announced its 2020 third quarter results.


The financial report showed that the company's Q3 revenue was 9.881 billion US dollars, a year-on-year decrease of 23%. Among them, machinery, energy and transportation business revenue was 9.228 billion U.S. dollars, and financial product revenue was 653 million U.S. dollars.


Earnings per share were US$1.22, compared with US$2.66 in the same period last year; adjusted earnings per share were US$1.34, compared with US$2.66 in the same period last year.


The operating profit margin was 10%, compared with 15.8% in the same period last year.


In the first nine months of 2020, corporate operating cash flow was US$4.3 billion. As of the end of the third quarter, Caterpillar had $9.3 billion in corporate cash and $1.4 billion in available liquidity sources.