PEORIA, Ill. (WMBD) — Caterpillar has posted a drop in 2025-second quarter results.
The company made $16.6 billion in sales in revenue for the second quarter of this year. That’s a 1% drop from the $16.7 billion they made in the same quarter in 2024, said Ian Pribanic, a company spokesperson.
The company sites an “unfavorable price realization,” related to the flat results. Caterpillar received less revenue than expected from sales because of prices were lower than anticipated, he said.
“The Caterpillar team remained focused on customer success and demonstrated solid operational performance this quarter,” said CEO Joe Creed. “We continued to see strong orders across our segments as demand remains resilient, supported by infrastructure spending and growing energy needs.”
The operating profit margin, which as the name suggests measures how much profit they make from their core business, was also down this quarter.
Pribanic said this quarter the margin was 17.3% compared to 20.9% in the second quarter of 2024.
The company’s profit per share was also down year over year. It posted at $4.62, down from $5.48 in 2024.
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