How did CAT's revenue and expenses trend in Q4 2024?

Caterpillar's (CAT) revenue and expenses in Q4 2024 showed a notable increase in revenue alongside a rise in total expenses:

1. **Revenue Trend**: Caterpillar's revenue for the quarter was $11.8 billion, up from the previous quarter's $10.5 billion, indicating a strong performance in their core business segments, particularly in the Resource Industries.
2. **Expense Trend**: The total expenses for the quarter were $16.22 billion, up from the previous quarter's $15.5 billion. This increase in expenses suggests that Caterpillar may have been investing in growth opportunities, expanding its operations, or managing inflationary pressures, as the company's net income remained robust at $2.79 billion.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|CAT|CAT.N|Caterpillar|20240101-2024|Financial Products|3.446E9|169|
|CAT|CAT.N|Caterpillar|20240101-2024|Financial Products|2.563E9|169|
|CAT|CAT.N|Caterpillar|20240101-2024|Financial Products|1.688E9|169|
|CAT|CAT.N|Caterpillar|20240101-2024|Machinery, Energy & Transportation|1.496E10|169|
|CAT|CAT.N|Caterpillar|20240101-2024|Machinery, Energy & Transportation|1.496E10|169|
|CAT|CAT.N|Caterpillar|20240101-2024|Financial Products|8.39E8|169|

|code|Ticker|Name|Date|Total Revenue|Net Income|market_code|
|---|---|---|---|---|---|---|
|CAT|CAT.N|Caterpillar|2024 Q1|1.5799E10|2.854E9|169|
|CAT|CAT.N|Caterpillar|2024 Q2|1.6689E10|2.681E9|169|
|CAT|CAT.N|Caterpillar|2024 Q3|1.6106E10|2.463E9|169|
|CAT|CAT.N|Caterpillar|2024 Q4|1.6215E10|2.79E9|169|

|code|Ticker|Name|Date|Total Revenue|market_code|
|---|---|---|---|---|---|
|CAT|CAT.N|Caterpillar|2024 Q1|1.5799E10|169|
|CAT|CAT.N|Caterpillar|2024 Q2|1.6689E10|169|
|CAT|CAT.N|Caterpillar|2024 Q3|1.6106E10|169|
|CAT|CAT.N|Caterpillar|2024 Q4|1.6215E10|169|