Caterpillar News Updates

Business, Equipment

Caterpillar Forecasts Lower Revenue This Year

Caterpillar Inc. warned that revenue will be “slightly lower” in 2025 as demand concerns weigh on the outlook of the heavy equipment maker.

January 30, 2025
Business, Equipment

Caterpillar Misses Estimates on Weakening Construction

Caterpillar Inc. posted a third-quarter profit that missed analysts’ expectations as the machinery producer grappled with weakening demand in construction around the world.

October 30, 2024
Business, Equipment

Caterpillar Says 2024 Profits Will Be Higher Than Expected

Caterpillar said its annual profit will probably be higher than previously expected, as the company reported Q2 earnings that showed resilience despite worries about the global economy.

August 6, 2024
Business, Equipment

Caterpillar Volumes Slip From Year-Ago Levels

Caterpillar Inc. reported first-quarter results that showed machinery sales slipping from a year earlier and warned that the trend is expected to continue in its second quarter.

April 25, 2024
Business, Equipment

Caterpillar Falls as Shrinking Backlog Raises Demand Worry

Caterpillar Inc. shares tumbled in premarket trading after the company said its order backlog shrank in the third quarter, in a sign of slowing demand for its iconic yellow machinery.

October 31, 2023
Business, Equipment

Caterpillar Defies Slowdown Fears as Profit Tops Estimates

Caterpillar shook off concerns of a global slowdown in economic activity, posting profit that exceeded Wall Street’s expectations amid demand for the company’s iconic yellow machinery.

August 1, 2023
Business

Caterpillar Leaves Illinois to Move to Texas

Caterpillar Inc., the producer of iconic yellow construction and mining equipment, is moving its headquarters to the Dallas-Fort Worth area, effectively ending its century-long history calling the state of Illinois home.

June 14, 2022
Business, Equipment

Caterpillar Pushes Through Supply Constraints in Strong Q4

Caterpillar’s sales surged in the final quarter of the year despite ongoing disruptions in the global supply chain that have hit almost every sector of the economy.

January 28, 2022
Business, Equipment, Logistics

Worker Shortage Adds to Supply Chain Snags, Caterpillar CEO Says

Caterpillar Inc. is having a tough time getting the materials it needs from suppliers facing a labor crunch, adding another hurdle for the machinery maker already has said a global chip shortfall may keep it from fully meeting demand this year.

September 15, 2021
Business, Equipment

Caterpillar 2Q Revenue Up on Higher Equipment Demand

Rising demand for machinery fueled sales at Caterpillar during the second quarter as the rollout of vaccines helped to revive construction projects.

July 30, 2021