In the fiscal year of 2023, Caterpillar Inc reported a revenue of around 67 billion U.S. dollars generated from global sales. About 28 billion U.S. dollars of the revenue was generated in North America. Caterpillar experienced a 12.8 percent increase in revenue relative to the previous year. The reported fiscal year ends on December 31.
Background on Caterpillar
Following a merger between two of the most important tractor manufacturers in the United States at the time, Caterpillar was founded in 1925 in California. In 2022, Caterpillar Inc. was ranked as the world’s top manufacturer of construction machinery, making sales amounting to about 37.5 billion U.S. dollars.
Caterpillar's workforce
The American manufacturer employed 109,100 individuals in 2022. Established as a multinational, Caterpillar has employees all around the world, though large majority of its employees are based in North America.
Revenue of Caterpillar Inc from 2004 to 2023
(in billion U.S. dollars)
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Revenue of Caterpillar Inc from 2004 to 2023
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U.S. Securities and Exchange Commission. (February 15, 2024). Revenue of Caterpillar Inc from 2004 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 15, 2025, from https://www.statista.com/statistics/267814/global-sales-and-revenue-streams-of-caterpillar/
U.S. Securities and Exchange Commission. "Revenue of Caterpillar Inc from 2004 to 2023 (in billion U.S. dollars)." Chart. February 15, 2024. Statista. Accessed April 15, 2025. https://www.statista.com/statistics/267814/global-sales-and-revenue-streams-of-caterpillar/
U.S. Securities and Exchange Commission. (2024). Revenue of Caterpillar Inc from 2004 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 15, 2025. https://www.statista.com/statistics/267814/global-sales-and-revenue-streams-of-caterpillar/
U.S. Securities and Exchange Commission. "Revenue of Caterpillar Inc from 2004 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Feb 2024, https://www.statista.com/statistics/267814/global-sales-and-revenue-streams-of-caterpillar/
U.S. Securities and Exchange Commission, Revenue of Caterpillar Inc from 2004 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/267814/global-sales-and-revenue-streams-of-caterpillar/ (last visited April 15, 2025)
Revenue of Caterpillar Inc from 2004 to 2023 (in billion U.S. dollars) [Graph], U.S. Securities and Exchange Commission, February 15, 2024. [Online]. Available: https://www.statista.com/statistics/267814/global-sales-and-revenue-streams-of-caterpillar/
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