Overview

* Caterpillar Q3 2025 sales rise 10% to $17.6 bln, driven by higher sales volume

* Adjusted EPS for Q3 2025 beats analyst expectations

* Company deployed $1.1 bln for dividends and share repurchases in Q3 2025

Result Drivers

* HIGHER SALES VOLUME - Increase in sales volume primarily driven by higher equipment sales to end users

* ENERGY & TRANSPORTATION GROWTH - Energy & Transportation segment sales rose 17%, contributing significantly to overall revenue growth

* GROWING BACKLOG - CEO Joe Creed cites growing backlog as a factor for sustained momentum and long-term growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $4.95 $4.52

Adjusted (19

EPS Analysts

)

Q3 EPS $4.88

Q3 17.30%

Operatin

g profit

Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 14 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"

* Wall Street's median 12-month price target for Caterpillar Inc ( CAT ) is $480.50, about 9.2% below its October 28 closing price of $524.47

* The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 20 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)