Caterpillar (CAT) Revenue & Revenue Breakdown
Caterpillar Revenue Highlights
Latest Revenue (Y)
$67.06B
Latest Revenue (Q)
$15.80B
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 |
|---|---|---|
| 2024-03-31 | $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 $15.80B in revenue during Q1 2024, up -7.45% compared to the previous quarter, and up 95.19% 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 |
| Other Segments | $449.00M | - | - | - | - |
| Resource Industries | $13.58B | - | - | - | - |
| Segments Excluding All Other Segments | $72.79B | - | - | - | - |
| Construction Industries | $27.42B | - | - | - | - |
| Energy and Transportation | $28.00B | - | - | - | - |
| 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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $13.67B | - | - |
| Resource Industries | $3.19B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Segments | $109.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Financial Products | $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 | $761.00M |
| Energy and Transportation | $6.68B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Segments Excluding All Other Segments | $17.29B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Construction Industries | $6.42B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Caterpillar's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Segments Excluding All Other Segments (34.93%), Machinery, Energy & Transportation (30.23%), Energy and Transportation (13.50%), Construction Industries (12.98%), Resource Industries (6.45%), Financial Products (1.70%), and Other Segments (0.22%).
Caterpillar Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| North America | $34.61B | $27.98B | $22.02B | $18.21B | - |
| EMEA | $13.67B | $12.81B | $12.14B | $9.86B | - |
| Latin America | $6.67B | $6.74B | $5.09B | $3.43B | - |
| 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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMEA | $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 |
| Latin America | $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 |
| North America | $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 |
| Asia Pacific | $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 |
Caterpillar's latest quarterly revenue breakdown by geography, as of Mar 24: North America (54.26%), EMEA (18.05%), Asia Pacific (17.82%), and Latin America (9.87%).
Caterpillar Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CAT | Caterpillar | $67.06B | $15.80B |
| DE | Deere & Company | $60.25B | $13.15B |
| PCAR | PACCAR | $33.32B | $8.77B |
| CNHI | CNH Industrial NV | $24.69B | $4.82B |
| AGCO | AGCO | $14.41B | $3.25B |
| OSK | Oshkosh | $8.28B | $2.51B |
| TEX | Terex | $5.15B | $1.38B |
| WNC | Wabash National | $2.54B | $550.61M |
| MTW | Manitowoc Company | $2.23B | $562.10M |
| ALG | Alamo Group | $1.69B | $416.30M |
| LNN | Lindsay | $1.14B | $139.20M |
| LEV | Lion Electric Company | $253.50M | $55.48M |
| NKLA | Nikola | $35.84M | $31.32M |
| ZEV | Lightning eMotors | $24.41M | $12.37M |
| IDEX | Ideanomics | $16.41M | $665.00K |
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 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). The company's quarterly revenue for Q4 2023 was $17.07B, a 1.55% increase from the previous quarter (Q3 2023), and a 2.85% increase year-over-year (Q4 2022). CAT's quarterly revenue for Q3 2023 was $16.81B, a -2.93% decrease from the previous quarter (Q2 2023), and a 12.11% increase year-over-year (Q3 2022).
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, Other Segments, Resource Industries, Segments Excluding All Other Segments, Construction Industries, and Energy and Transportation. Financial Products generated $3.78B in revenue, accounting 2.59% of the company's total revenue, up 32.67% year-over-year. Other Segments generated $449M in revenue, accounting 0.31% of the company's total revenue Resource Industries generated $13.58B in revenue, accounting 9.30% 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 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
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.