NYSE:CATMachinery
Caterpillar (CAT) Margin Decline Challenges Bullish Narratives Despite Strong Long-Term Earnings Growth
Caterpillar (CAT) reported a 16.39% forecasted annual growth in earnings, outpacing the US market average of 15.9%. Revenue is projected to increase by 5.7% per year, while the company’s current net profit margin is 14.3%, lower than last year’s 16.3%. Although Caterpillar has delivered robust earnings growth averaging 20.7% per year over the past five years, the most recent year saw a dip in earnings and compressed margins. This indicates a shift in profitability dynamics.
See our full...