Caterpillar quarterly profit falls on tepid equipment demand

Reuters

2025/01/30

Jan 30 (Reuters) - Caterpillar CAT.N reported a decline in fourth-quarter profit on Thursday, as dealers scaled back equipment restocking due to weak demand, driven by high borrowing costs and persistent inflation.

Adjusted profit per share for the fourth-quarter fell to $5.14, compared with $5.23, a year ago.

(Reporting by Shivansh Tiwary in Bengaluru; Editing by Arun Koyyur)

((Shivansh.Tiwary@thomsonreuters.com; +91 9708363192; X: @Shivansh_19_;))

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