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Stock impact report

Caterpillar has best year ever but tariffs weigh on profits [Yahoo! Finance]

Deere & Company (DE) 
Last deere & company earnings: 2/21 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.deere.com/home/default.aspx
Company Research Source: Yahoo! Finance
On Thursday, the maker of heavy equipment, machinery, and engines reported full-year revenues clocking in at a record $67.6 billion. Fourth-quarter revenue came in at $19.1 billion, also a record. “Our centennial year marked a significant milestone, underscored by the highest full-year sales and revenues in Caterpillar's history,” said CEO Joe Creed, in the release . “These results demonstrate the strength of our end markets and our disciplined execution.” Even so, profits left something to be desired . Due primarily to the effects of tariffs, operating margins were hard hit. Operating profit came in at $11.2 billion for the year, a 16% decline from 2024, and $2.7 billion for the quarter, a 9% decline over 2024. Profits per share also fell on a sequential and full-year basis. The company's construction vehicles unit is a good example of the phenomenon, with sales up 15% even as “unfavorable manufacturing costs” largely reflecting the “impact of higher tariffs” caused profits to Show less Read more
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