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Caterpillar
CAT · NYSEIndustrials
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Inputsmetals, components & capi…Caterpillarthe company at the centreProducts &serviceswhat it makes & financesDealer networkhow it reaches customersCustomers &end marketswho paysSTLSteel & casting suppliersCMPComponent suppliersCMICumminsCAPCapital & investorsCATCaterpillarMCHConstruction & mining machinesPWREngines & turbinesPRTParts, services & autonomyCFNCat FinancialDLRIndependent Cat dealersCONConstruction & infrastructureMINMining companiesDCData centres & power buyersO&GOil & gas operators
Company details
Market cap
$453B
P/E ratio
40×
Div yield
~1.4%
EPS (adj. 2025)
$19.06
Profit margin
~16%
Rev. growth
+4%
Revenue
$67.6B
Shareholder returns
$7.9B
In plain English
Caterpillar is the world's biggest maker of the heavy yellow iron that builds and digs the physical economy — excavators, dozers and dump trucks — sold almost entirely through a network of independent dealers. But its fastest-growing engine now is power: the Solar Turbines and reciprocating gensets that increasingly back up AI data centres, on top of a captive finance arm that lends customers the money to buy the machines.
In simple terms
What Caterpillar really sells
Caterpillar is the world's biggest maker of the heavy yellow iron that builds and digs the physical economy — excavators, dozers and dump trucks — sold almost entirely through a network of independent dealers. But its fastest-growing engine now is power: the Solar Turbines and reciprocating gensets that increasingly back up AI data centres, on top of a captive finance arm that lends customers the money to buy the machines.
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Risk read
Moderate
SteadierMore speculative
Why this rating?