Caterpillar's workforce increased to 113,200 people in 2023. The number of employees bounced back after a gradual decline between 2013 and 2017, when the Illinois-based manufacturer of machinery and engines experienced a slump in sales and responded with layoffs. The reported fiscal year ends on December 31.
About Caterpillar
Caterpillar Inc. is ranked among the world’s top manufacturers of construction machinery, as well as various other types of machinery and engines. The company was founded in 1925 in California, following a merger between two of the most important tractor manufacturers in the United States at the time. As a multinational, Caterpillar has employees all around the world, although most of its employees are based in North America.
In 2023, the company generated worldwide revenue of 67 billion U.S. dollars, up from 59.4 billion U.S. dollars in 2022. North America remained Caterpillar's most important market and the energy and transportation segment contributed with 28 billion U.S. dollars to Caterpillar's revenue stream.
Employees of Caterpillar Inc worldwide from 2006 to 2023
(in 1,000s)
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U.S. Securities and Exchange Commission. (February 16, 2024). Employees of Caterpillar Inc worldwide from 2006 to 2023 (in 1,000s) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/267817/global-number-of-caterpillar-employees/
U.S. Securities and Exchange Commission. "Employees of Caterpillar Inc worldwide from 2006 to 2023 (in 1,000s)." Chart. February 16, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/267817/global-number-of-caterpillar-employees/
U.S. Securities and Exchange Commission. (2024). Employees of Caterpillar Inc worldwide from 2006 to 2023 (in 1,000s). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/267817/global-number-of-caterpillar-employees/
U.S. Securities and Exchange Commission. "Employees of Caterpillar Inc Worldwide from 2006 to 2023 (in 1,000s)." Statista, Statista Inc., 16 Feb 2024, https://www.statista.com/statistics/267817/global-number-of-caterpillar-employees/
U.S. Securities and Exchange Commission, Employees of Caterpillar Inc worldwide from 2006 to 2023 (in 1,000s) Statista, https://www.statista.com/statistics/267817/global-number-of-caterpillar-employees/ (last visited December 30, 2024)
Employees of Caterpillar Inc worldwide from 2006 to 2023 (in 1,000s) [Graph], U.S. Securities and Exchange Commission, February 16, 2024. [Online]. Available: https://www.statista.com/statistics/267817/global-number-of-caterpillar-employees/
