On April 20, Caterpillar
- While the housing slump remains a concern in North America, strength in international markets, coupled with advantageous commodity prices, pushed revenue ahead 7% compared with 2006.
- Profits were hurt by a rise of $207 million in core operating costs and a slight increase in the tax rate.
- The Motley Fool CAPS community seems to have a bullish attitude because Caterpillar has been given a four-star rating. Among the competition, CNH Global
(NYSE:CNH) ranks a star behind, while AB Volvo(NASDAQ:VOLV) isn't so hot with just two stars. Share your take with thousands of other investors here.
(Figures in millions, except per-share data)
Income Statement Highlights
Q1 2007 |
Q1 2006 |
Change |
|
---|---|---|---|
Sales |
$10,016 |
$9,392 |
6.6% |
Net Profit |
$816 |
$840 |
(2.9%) |
EPS |
$1.23 |
$1.20 |
2.5% |
Diluted Shares |
665.2 |
699.1 |
(4.8%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q1 2007 |
Q1 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
28.8% |
30.2% |
(1.5) |
Operating Margin |
11.4% |
13.0% |
(1.6) |
Net Margin |
8.2% |
8.9% |
(0.8) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$607 |
$806 |
(24.7%) |
Accounts Rec. |
$14,716 |
$14,475 |
1.7% |
Inventory |
$7,131 |
$5,858 |
21.7% |
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Accounts Payable |
$4,044 |
$3,661 |
10.5% |
Long-Term Debt |
$17,017 |
$15,370 |
10.7% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Q1 2007 |
Q1 2006 |
Change |
|
---|---|---|---|
Cash From Ops. |
$1,349 |
$507 |
166.1% |
Capital Expenditures |
$504 |
$485 |
3.9% |
Free Cash Flow |
$845 |
$22 |
3,740.9% |
Related Foolishness:
- Foolish Forecast: Hungry, Hungry Caterpillar
- Before the Call: Cat Call
- Foolish Forecast: Deere Sighting
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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.