On Jan. 26, machinery and engine maker Caterpillar
- Aside from the fourth-quarter numbers shown below, the big Cat recorded $41.5 billion in sales for all of 2006, and earned $5.17 per share -- a 28% increase over 2005.
- The company completed the repurchase of 45.6 million shares worth $3.2 billion.
- Caterpillar carries a middle-of-the-road three-star rating in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$11,003 |
$9,663 |
13.9% |
|
Net Profit |
$882 |
$846 |
4.3% |
|
EPS |
$1.32 |
$1.20 |
10.0% |
|
Diluted Shares |
669.5 |
705.4 |
(5.1%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
27.6% |
28.5% |
(1.0) |
|
Operating Margin |
10.4% |
11.0% |
(0.6) |
|
Net Margin |
8.0% |
8.8% |
(0.7) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$530 |
$1,108 |
(52.2%) |
|
Accounts Rec. |
$14,977 |
$13,968 |
7.2% |
|
Inventory |
$6,351 |
$5,224 |
21.6% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$4,149 |
$3,412 |
21.6% |
|
Long-Term Debt |
$17,680 |
$15,677 |
12.8% |
.Learn the ways of the balance sheet.
Cash Flow Highlights
|
FY 2006 |
FY 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$5,823 |
$3,113 |
87.1% |
|
Capital Expenditures |
$2,675 |
$2,415 |
10.8% |
|
Free Cash Flow |
$3,148 |
$698 |
351.0% |
Find out why Fools always follow the money.
Related Companies:
-
Deere
(NYSE:DE) -
CNH Global
(NYSE:CNH) -
Joy Global
(NASDAQ:JOYG) -
Manitowoc
(NYSE:MTW)
Related Foolishness:
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
