Caterpillar (CAT) Revenue & Revenue Breakdown

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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

Date	Revenue	Change
2023-12-31	$67.06B	12.84%
2022-12-31	$59.43B	16.59%
2021-12-31	$50.97B	22.09%
2020-12-31	$41.75B	-22.40%
2019-12-31	$53.80B	-1.68%
2018-12-31	$54.72B	20.37%
2017-12-31	$45.46B	17.97%
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	$65.88B	9.54%
2011-12-31	$60.14B	41.21%
2010-12-31	$42.59B	31.46%
2009-12-31	$32.40B	-36.88%
2008-12-31	$51.32B	14.16%
2007-12-31	$44.96B	8.29%
2006-12-31	$41.52B	14.25%
2005-12-31	$36.34B	20.12%
2005-02-22	$30.25B	32.90%
2003-12-31	$22.76B	12.96%
2002-12-31	$20.15B	-1.46%
2001-12-31	$20.45B	1.36%
2000-12-31	$20.18B	2.40%
1999-12-31	$19.70B	-6.08%
1998-12-31	$20.98B	10.84%
1997-12-31	$18.93B	14.54%
1996-12-31	$16.52B	2.80%
1995-12-31	$16.07B	12.17%
1994-12-31	$14.33B	23.36%
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

Date	Revenue	Change
2024-09-30	$16.11B	-3.49%
2024-06-30	$16.69B	5.63%
2024-03-31	$15.80B	-7.45%
2023-12-31	$17.07B	1.55%
2023-09-30	$16.81B	-2.93%
2023-06-30	$17.32B	9.18%
2023-03-31	$15.86B	-4.43%
2022-12-31	$16.60B	10.69%
2022-09-30	$14.99B	5.24%
2022-06-30	$14.25B	4.84%
2022-03-31	$13.59B	-1.51%
2021-12-31	$13.80B	11.30%
2021-09-30	$12.40B	-3.82%
2021-06-30	$12.89B	8.43%
2021-03-31	$11.89B	5.80%
2020-12-31	$11.23B	13.70%
2020-09-30	$9.88B	-1.16%
2020-06-30	$10.00B	-6.00%
2020-03-31	$10.63B	-19.09%
2019-12-31	$13.14B	3.03%
2019-09-30	$12.76B	-11.60%
2019-06-30	$14.43B	7.17%
2019-03-31	$13.47B	-6.11%
2018-12-31	$14.34B	6.16%
2018-09-30	$13.51B	-3.58%
2018-06-30	$14.01B	8.96%
2018-03-31	$12.86B	-0.29%
2017-12-31	$12.90B	12.99%
2017-09-30	$11.41B	0.72%
2017-06-30	$11.33B	15.36%
2017-03-31	$9.82B	2.59%
2016-12-31	$9.57B	4.52%
2016-09-30	$9.16B	-11.43%
2016-06-30	$10.34B	9.31%
2016-03-31	$9.46B	-14.22%
2015-12-31	$11.03B	0.62%
2015-09-30	$10.96B	-11.00%
2015-06-30	$12.32B	-3.03%
2015-03-31	$12.70B	-10.83%
2014-12-31	$14.24B	5.13%
2014-09-30	$13.55B	-4.25%
2014-06-30	$14.15B	6.87%
2014-03-31	$13.24B	-8.06%
2013-12-31	$14.40B	7.29%
2013-09-30	$13.42B	-8.19%
2013-06-30	$14.62B	10.68%
2013-03-31	$13.21B	-17.82%
2012-12-31	$16.07B	-2.25%
2012-09-30	$16.45B	-5.35%
2012-06-30	$17.37B	8.72%
2012-03-31	$15.98B	-7.32%
2011-12-31	$17.24B	9.72%
2011-09-30	$15.72B	10.44%
2011-06-30	$14.23B	9.89%
2011-03-31	$12.95B	1.11%
2010-12-31	$12.81B	15.03%
2010-09-30	$11.13B	6.97%
2010-06-30	$10.41B	26.35%
2010-03-31	$8.24B	4.30%
2009-12-31	$7.90B	8.22%
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	$13.62B	15.50%
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/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 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

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Jun 18	Mar 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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CAT	Caterpillar	$67.06B	$16.11B
DE	Deere & Company	$60.25B	$13.15B
PCAR	PACCAR	$33.32B	$6.68B
CNHI	CNH Industrial NV	$24.69B	$4.82B
AGCO	AGCO	$14.41B	$2.60B
OSK	Oshkosh	$8.28B	$2.85B
TEX	Terex	$5.15B	$1.21B
WNC	Wabash National	$2.54B	$464.04M
MTW	Manitowoc Company	$2.23B	$524.80M
ALG	Alamo Group	$1.69B	$401.30M
LNN	Lindsay	$1.02B	$139.20M
LEV	Lion Electric Company	$253.50M	$55.48M
NKLA	Nikola	$35.84M	$25.18M
ZEV	Lightning eMotors	$24.41M	$12.37M

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.