Caterpillar Inc
Company Profile
Business description
Caterpillar is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Its reporting segments are: construction industries (40% sales/47% operating profit, or OP), resource industries (20% sales/19% OP), and energy & transportation (40% sales/34% OP). Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has global reach (46% US sales/54% ex-US). Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of 156 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.
Contact
5205 N. O'Connor Boulevard
Suite 100
IrvingTX75039
USAT: +1 972 891-7700
Sector
Industrials
Stock type
Sensitive
Industry
Farm & Heavy Construction Machinery
Fiscal Year End
31 December 2024
Employees
121,173
Morningstar Investment Ideas
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