DEERFIELD, Ill. — Caterpillar continues to see increases in its 2021 third quarter financial report.
In a statement early Thursday morning, Big Yellow said Sales and Revenues were $12.4 billion. That is up 25% from $9.9 billion a year ago.
Profit per share came in at $2.60, up from $1.22 in 2020’s third quarter.
Adjusted profit per share was also up, coming in at $2.66 from $1.52 last year.
In the financial statement, Caterpillar said enterprise operating cash flow was $5.8 billion, ending the third quarter with $9.4 billion of enterprise cash.
“Our global team continues to execute our long-term strategy for profitable growth while working to mitigate supply chain challenges as we serve our customers,” said Chairman and CEO Jim Umpleby in a statement. “Our third-quarter results reflect higher sales and revenues across our three primary segments and in all regions.” Those segments, according to the financial statement, are the construction industries, resource industries, and energy and transportation.
CAT also reported higher end-user demand for equipment and services, and favorable price realization.
