Caterpillar (CAT) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Caterpillar Revenue Highlights


Latest Revenue (Y)

$67.06B

Latest Revenue (Q)

$16.11B

Main Segment (Y)

Segments Excluding All Other Segments

Main Geography (Y)

North America

Caterpillar Revenue by Period


Caterpillar Revenue by Year

DateRevenueChange
2023-12-31$67.06B12.84%
2022-12-31$59.43B16.59%
2021-12-31$50.97B22.09%
2020-12-31$41.75B-22.40%
2019-12-31$53.80B-1.68%
2018-12-31$54.72B20.37%
2017-12-31$45.46B17.97%
2016-12-31$38.54B-18.03%
2015-12-31$47.01B-14.81%
2014-12-31$55.18B-0.85%
2013-12-31$55.66B-15.51%
2012-12-31$65.88B9.54%
2011-12-31$60.14B41.21%
2010-12-31$42.59B31.46%
2009-12-31$32.40B-36.88%
2008-12-31$51.32B14.16%
2007-12-31$44.96B8.29%
2006-12-31$41.52B14.25%
2005-12-31$36.34B20.12%
2005-02-22$30.25B32.90%
2003-12-31$22.76B12.96%
2002-12-31$20.15B-1.46%
2001-12-31$20.45B1.36%
2000-12-31$20.18B2.40%
1999-12-31$19.70B-6.08%
1998-12-31$20.98B10.84%
1997-12-31$18.93B14.54%
1996-12-31$16.52B2.80%
1995-12-31$16.07B12.17%
1994-12-31$14.33B23.36%
1993-12-31$11.62B-

Caterpillar generated $67.06B in revenue during NA 2023, up 12.84% compared to the previous quarter, and up 122.55% compared to the same period a year ago.

Caterpillar Revenue by Quarter

DateRevenueChange
2024-09-30$16.11B-3.49%
2024-06-30$16.69B5.63%
2024-03-31$15.80B-7.45%
2023-12-31$17.07B1.55%
2023-09-30$16.81B-2.93%
2023-06-30$17.32B9.18%
2023-03-31$15.86B-4.43%
2022-12-31$16.60B10.69%
2022-09-30$14.99B5.24%
2022-06-30$14.25B4.84%
2022-03-31$13.59B-1.51%
2021-12-31$13.80B11.30%
2021-09-30$12.40B-3.82%
2021-06-30$12.89B8.43%
2021-03-31$11.89B5.80%
2020-12-31$11.23B13.70%
2020-09-30$9.88B-1.16%
2020-06-30$10.00B-6.00%
2020-03-31$10.63B-19.09%
2019-12-31$13.14B3.03%
2019-09-30$12.76B-11.60%
2019-06-30$14.43B7.17%
2019-03-31$13.47B-6.11%
2018-12-31$14.34B6.16%
2018-09-30$13.51B-3.58%
2018-06-30$14.01B8.96%
2018-03-31$12.86B-0.29%
2017-12-31$12.90B12.99%
2017-09-30$11.41B0.72%
2017-06-30$11.33B15.36%
2017-03-31$9.82B2.59%
2016-12-31$9.57B4.52%
2016-09-30$9.16B-11.43%
2016-06-30$10.34B9.31%
2016-03-31$9.46B-14.22%
2015-12-31$11.03B0.62%
2015-09-30$10.96B-11.00%
2015-06-30$12.32B-3.03%
2015-03-31$12.70B-10.83%
2014-12-31$14.24B5.13%
2014-09-30$13.55B-4.25%
2014-06-30$14.15B6.87%
2014-03-31$13.24B-8.06%
2013-12-31$14.40B7.29%
2013-09-30$13.42B-8.19%
2013-06-30$14.62B10.68%
2013-03-31$13.21B-17.82%
2012-12-31$16.07B-2.25%
2012-09-30$16.45B-5.35%
2012-06-30$17.37B8.72%
2012-03-31$15.98B-7.32%
2011-12-31$17.24B9.72%
2011-09-30$15.72B10.44%
2011-06-30$14.23B9.89%
2011-03-31$12.95B1.11%
2010-12-31$12.81B15.03%
2010-09-30$11.13B6.97%
2010-06-30$10.41B26.35%
2010-03-31$8.24B4.30%
2009-12-31$7.90B8.22%
2009-09-30$7.30B-8.49%
2009-06-30$7.97B-13.55%
2009-03-31$9.22B-28.62%
2008-12-31$12.92B-0.45%
2008-09-30$12.98B-4.72%
2008-06-30$13.62B15.50%
2008-03-31$11.80B-

Caterpillar generated $16.11B in revenue during Q3 2024, up -3.49% compared to the previous quarter, and up 93.00% compared to the same period a year ago.

Caterpillar Revenue Breakdown


Caterpillar Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Financial Products$3.79B$2.85B$2.78B$2.73B$3.04B
Construction Industries$27.42B----
Energy and Transportation$28.00B----
Resource Industries$13.58B----
Other Segments$449.00M----
Segments Excluding All Other Segments$72.79B----
Machinery, Energy & Transportation-$56.57B$48.19B$39.02B$50.76B

Caterpillar's latest annual revenue breakdown by segment (product or service), as of Dec 23: Segments Excluding All Other Segments (49.85%), Energy and Transportation (19.18%), Construction Industries (18.78%), Resource Industries (9.30%), Financial Products (2.59%), and Other Segments (0.31%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Construction Industries$6.34B$6.42B------------------
Financial Products$1.03B$839.00M$1.43B$822.00M$773.00M$763.00M$726.00M$716.00M$708.00M$703.00M$701.00M$690.00M$696.00M$696.00M$665.00M$653.00M$687.00M$721.00M$758.00M$784.00M
Resource Industries$3.03B$3.19B------------------
Energy and Transportation$7.19B$6.68B------------------
Machinery, Energy & Transportation-$14.96B$15.99B$16.55B$15.10B$15.87B$14.28B$13.54B$12.89B$13.10B$11.71B$12.19B$11.19B$10.57B$9.31B$9.91B$12.39B$11.97B--
Segments Excluding All Other Segments-$17.29B------------------
Other Segments-$109.00M------------------

Caterpillar's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Energy and Transportation (40.85%), Construction Industries (36.06%), Resource Industries (17.21%), and Financial Products (5.88%).

Caterpillar Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
EMEA$13.67B$12.81B$12.14B$9.86B-
Latin America$6.67B$6.74B$5.09B$3.43B-
North America$34.61B$27.98B$22.02B$18.21B-
Asia Pacific$12.12B$11.89B$11.72B$10.24B-
UNITED STATES----$22.81B
Non-US----$30.99B

Caterpillar's latest annual revenue breakdown by geography, as of Dec 23: North America (51.60%), EMEA (20.39%), Asia Pacific (18.07%), and Latin America (9.94%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Jun 18Mar 18
Asia Pacific$2.68B$2.81B$3.06B$2.88B$3.22B$2.96B$3.14B$2.90B$2.93B$2.91B$3.15B$2.67B$2.85B$3.05B$2.90B$2.47B$2.55B$3.31B$2.94B
Latin America$1.68B$1.56B$1.88B$1.60B$1.64B$1.54B$1.99B$1.81B$1.55B$1.39B$1.43B$1.33B$1.22B$1.10B$1.04B$772.00M$730.00M$1.13B$1.05B
EMEA$3.20B$2.85B$3.32B$3.40B$3.53B$3.42B$3.53B$3.15B$3.00B$3.15B$3.35B$2.94B$3.10B$2.74B$2.70B$2.38B$2.33B$2.99B$2.78B
North America$8.54B$8.57B$8.81B$8.93B$8.92B$7.95B$7.94B$7.13B$6.77B$6.14B$5.86B$5.46B$5.72B$4.99B$4.60B$4.25B$4.39B$6.58B$6.09B

Caterpillar's latest quarterly revenue breakdown by geography, as of Sep 24: North America (53.05%), EMEA (19.86%), Asia Pacific (16.66%), and Latin America (10.42%).

Caterpillar Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CATCaterpillar$67.06B$16.11B
DEDeere & Company$44.76B$13.15B
PCARPACCAR$33.32B$6.68B
AGCOAGCO$14.41B$2.60B
OSKOshkosh$8.28B$2.85B
TEXTerex$5.15B$1.21B
WNCWabash National$2.54B$464.04M
MTWManitowoc Company$2.23B$524.80M
ALGAlamo Group$1.69B$401.30M
LNNLindsay$1.02B$139.20M
LEVLion Electric Company$253.50M$55.48M
NKLANikola$35.84M$25.18M

CAT Revenue FAQ


What is Caterpillar’s yearly revenue?

Caterpillar's yearly revenue for 2023 was $67.06B, representing an increase of 12.84% compared to 2022. The company's yearly revenue for 2022 was $59.43B, representing an increase of 16.59% compared to 2021. CAT's yearly revenue for 2021 was $50.97B, representing an increase of 22.09% compared to 2020.

What is Caterpillar’s quarterly revenue?

Caterpillar's quarterly revenue for Q3 2024 was $16.11B, a -3.49% decrease from the previous quarter (Q2 2024), and a -4.19% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $16.69B, a 5.63% increase from the previous quarter (Q1 2024), and a -3.63% decrease year-over-year (Q2 2023). CAT's quarterly revenue for Q1 2024 was $15.8B, a -7.45% decrease from the previous quarter (Q4 2023), and a -0.40% decrease year-over-year (Q1 2023).

What is Caterpillar’s revenue growth rate?

Caterpillar's revenue growth rate for the last 3 years (2021-2023) was 31.57%, and for the last 5 years (2019-2023) was 24.65%.

What are Caterpillar’s revenue streams?

Caterpillar's revenue streams in c 23 are Financial Products, Construction Industries, Energy and Transportation, Resource Industries, Other Segments, and Segments Excluding All Other Segments. Financial Products generated $3.78B in revenue, accounting 2.59% of the company's total revenue, up 32.67% year-over-year. Construction Industries generated $27.42B in revenue, accounting 18.78% of the company's total revenue Energy and Transportation generated $28B in revenue, accounting 19.18% of the company's total revenue Resource Industries generated $13.58B in revenue, accounting 9.30% of the company's total revenue Other Segments generated $449M in revenue, accounting 0.31% of the company's total revenue Segments Excluding All Other Segments generated $72.79B in revenue, accounting 49.85% of the company's total revenue

What is Caterpillar’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Caterpillar was Segments Excluding All Other Segments. This segment made a revenue of $72.79B, representing 49.85% of the company's total revenue.