share_log

Caterpillar | 10-Q: Q2 2024 Earnings Report

Caterpillar | 10-Q: Q2 2024 Earnings Report

卡特彼勒 | 10-Q:2024財年二季報
美股SEC公告 ·  2024/08/07 22:46

Moomoo AI 已提取核心訊息

Caterpillar reported Q2 2024 sales and revenues of $16.69 billion, down 4% from $17.32 billion in Q2 2023, with profit declining 8% to $2.68 billion. The decrease was primarily driven by lower sales volume due to dealer inventory reductions, partially offset by favorable price realization. Operating profit margin held relatively steady at 20.9% compared to 21.1% last year.Energy & Transportation segment showed strength with sales up 2% to $7.34 billion and profit increasing 20% to $1.53 billion, driven by growth in Power Generation and Oil & Gas applications. However, Construction Industries sales fell 7% to $6.68 billion and Resource Industries declined 10% to $3.21 billion due to lower equipment demand and dealer inventory reductions.The company maintained a strong financial position with $4.3 billion in enterprise cash. During Q2, Caterpillar returned significant value to shareholders through $1.33 billion in dividends and $1.57 billion in share repurchases. The Board approved an 8% increase in quarterly dividend to $1.41 per share and a new $20 billion share repurchase authorization, demonstrating confidence in long-term prospects despite near-term volume challenges.
Caterpillar reported Q2 2024 sales and revenues of $16.69 billion, down 4% from $17.32 billion in Q2 2023, with profit declining 8% to $2.68 billion. The decrease was primarily driven by lower sales volume due to dealer inventory reductions, partially offset by favorable price realization. Operating profit margin held relatively steady at 20.9% compared to 21.1% last year.Energy & Transportation segment showed strength with sales up 2% to $7.34 billion and profit increasing 20% to $1.53 billion, driven by growth in Power Generation and Oil & Gas applications. However, Construction Industries sales fell 7% to $6.68 billion and Resource Industries declined 10% to $3.21 billion due to lower equipment demand and dealer inventory reductions.The company maintained a strong financial position with $4.3 billion in enterprise cash. During Q2, Caterpillar returned significant value to shareholders through $1.33 billion in dividends and $1.57 billion in share repurchases. The Board approved an 8% increase in quarterly dividend to $1.41 per share and a new $20 billion share repurchase authorization, demonstrating confidence in long-term prospects despite near-term volume challenges.
卡特彼勒公佈了2024年第二季度的銷售和收入爲166.9億美金,比2023年第二季度的173.2億美金下降了4%,利潤下降8%至26.8億美金。下降主要是由於經銷商庫存減少導致的成交量下降,部分被有利的價格實現所抵消。營業利潤率保持相對穩定,爲20.9%,而去年爲21.1%。能源和交通部門表現強勁,銷售增長2%至73.4億美金,利潤增長20%至15.3億美金,這得益於電力生成和石油和天然氣應用的增長。然而,施工行業的銷售下降了7%,至66.8億美金,資源行業下降10%,至32.1億美金,主要是由於設備需求降低和經銷商庫存減少。該公司保持了強大的財務狀況,企業現金爲43億美金。在第二季度,卡特彼勒通過分紅派息13.3億美金和股票回購15.7億美金,爲股東帶來了顯著的價值。董事會批准季度股息增加8%,至每股1.41美金,並批准新的200億美金股票回購授權,顯示了對長期前景的信懇智能,儘管面臨短期成交量挑戰。
卡特彼勒公佈了2024年第二季度的銷售和收入爲166.9億美金,比2023年第二季度的173.2億美金下降了4%,利潤下降8%至26.8億美金。下降主要是由於經銷商庫存減少導致的成交量下降,部分被有利的價格實現所抵消。營業利潤率保持相對穩定,爲20.9%,而去年爲21.1%。能源和交通部門表現強勁,銷售增長2%至73.4億美金,利潤增長20%至15.3億美金,這得益於電力生成和石油和天然氣應用的增長。然而,施工行業的銷售下降了7%,至66.8億美金,資源行業下降10%,至32.1億美金,主要是由於設備需求降低和經銷商庫存減少。該公司保持了強大的財務狀況,企業現金爲43億美金。在第二季度,卡特彼勒通過分紅派息13.3億美金和股票回購15.7億美金,爲股東帶來了顯著的價值。董事會批准季度股息增加8%,至每股1.41美金,並批准新的200億美金股票回購授權,顯示了對長期前景的信懇智能,儘管面臨短期成交量挑戰。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息