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Caterpillar - CAT STOCK NEWS

Welcome to our dedicated page for Caterpillar news (Ticker: CAT), a resource for investors and traders seeking the latest updates and insights on Caterpillar stock.

Overview

Caterpillar Inc. is a globally recognized manufacturer of heavy equipment, delivering a comprehensive range of construction, mining, and energy solutions. Known for its robust engineering and innovative technological integration, Caterpillar has built a reputation over nearly 100 years by addressing the complex challenges faced by industries that rely on durable, high-performance machinery.

Core Business and Product Portfolio

Caterpillar's operations are built on the design, production, and distribution of equipment that serves a variety of industry needs. Its product portfolio encompasses heavy machinery used in construction, mining, and off-highway applications, as well as engines and power systems that support industrial operations. This diversified product range is supported by its advanced engineering capabilities and continuous investment in R&D, ensuring that the machinery not only meets but exceeds industrial standards.

Business Model and Revenue Streams

The company generates revenue through the direct sale of equipment and parts, the provision of aftermarket services, and financing solutions offered via its captive finance subsidiary. These services are designed to facilitate customer acquisitions and support long-term operational needs, providing value that enhances equipment uptime and overall productivity. This multi-faceted approach creates a resilient business model that encompasses product sales, service support, and financial services.

Global Reach and Market Presence

With operations spanning every continent and an extensive independent dealer network, Caterpillar maintains a formidable global presence. The company strategically balances domestic operations with international markets, ensuring that diverse customer needs are met with localized expertise. This extensive reach allows Caterpillar to support projects ranging from large-scale infrastructure development to targeted resource extraction activities.

Technological Innovation and Digital Solutions

Caterpillar continues to evolve by integrating modern technologies into its product offering. Innovations include digital command systems and autonomous solutions that optimize equipment performance. These advancements not only enhance operational efficiency but also contribute to improved safety standards and reduced operational costs. By merging traditional engineering excellence with cutting-edge technology, the company reinforces its position as an innovator in heavy machinery.

Dealer Network and Aftermarket Services

The company's extensive network of independent dealers plays a critical role in supporting customers around the world. This network facilitates localized sales, comprehensive maintenance, parts distribution, and technical support, ensuring that customers receive high-quality service and rapid responses to operational challenges. The integration of these services reinforces the durability and reliability of Caterpillar's products in the field.

Expertise and Industry Authority

Caterpillar's long-standing history of innovation and operational excellence establishes its authority within the industrial sector. The company's commitment to quality manufacturing practices, rigorous R&D protocols, and a strategic focus on operational efficiency has positioned it as an indispensable partner for clients in industries that demand reliable, high-performance equipment.

Investor and Market Considerations

For investors and market analysts, understanding Caterpillar involves appreciating its balanced approach to operations, a blend of traditional manufacturing expertise and modern technological evolution. By maintaining a diverse portfolio and investing in innovation across its operational segments, the company offers a comprehensive and robust model that has withstood the complexities of global economic cycles and evolving industry standards.

News

Cat Financial Announces 2023 Year-End Results

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In 2023, Cat Financial reported revenues of $3.25 billion, a 19% increase from 2022. Profit was $563 million, up 5% from the previous year. The provision for income taxes reflected a 25% annual tax rate for 2023, compared with 26% for 2022. Retail new business volume was $12.11 billion, an increase of 7% from 2022. Past dues were 1.79%, compared with 1.89% in 2022. Write-offs, net of recoveries, were $65 million for 2023, compared with $46 million for 2022. Fourth-quarter 2023 revenues were $841 million, an increase of 16% from the fourth quarter of 2022. Fourth-quarter 2023 profit was $166 million, up 41% from the previous year.
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Caterpillar Reports Fourth-Quarter and Full-Year 2023 Results

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Caterpillar Inc. (NYSE: CAT) reported a 3% increase in sales and revenues for the fourth quarter of 2023, and a 13% increase for the full year. The company achieved a profit per share of $5.28 in Q4 2023, compared to $2.79 in Q4 2022, and $20.12 for the full year. Adjusted profit per share was $5.23 in Q4 2023, compared to $3.86 in Q4 2022, and $21.21 for the full year. Operating cash flow was $12.9 billion for 2023, and the company returned $7.5 billion to shareholders through share repurchases and dividends. The company's Chairman and CEO, Jim Umpleby, expressed pride in the company's strong performance, achieving record sales, profit per share, and free cash flow in 2023.
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Freeport-McMoRan on Copper Prices: You Ain't Seen Nothing Yet, an Industrial Info News Alert

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Freeport-McMoRan Incorporated (NYSE:FCX) expects to sell 4.1 billion pounds of copper, 2 million ounces of gold, and 85 million pounds of molybdenum in 2024. Growing demand for copper and higher prices for gold are boosting the company's fortunes, driven by closures and disruptions at various copper mines worldwide, which have driven prices higher for the metal. Industrial Info is tracking nearly $13 billion worth of active and planned projects from Freeport-McMoRan worldwide.
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Caterpillar Inc. to Announce Fourth-Quarter and Full-Year 2023 Financial Results on Feb. 5

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Caterpillar Inc. (CAT) will release its Q4 and full-year 2023 financial results on Feb. 5, 2024. The release will be available on investors.caterpillar.com and PR Newswire. The company will conduct a teleconference and webcast for securities analysts and institutional investors at 7:30 a.m. CST on the same day. The conference call can be accessed via telephone and webcast, with a conference ID provided. A transcript from the call will be available on the company's website after the webcast. The replay will also be available on the website for those unable to participate in the live broadcast.
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Caterpillar Demonstrates Viability of Using Hydrogen Fuel Cell Technology for Backup Power at Microsoft Data Center

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Caterpillar Inc. collaborates with Microsoft and Ballard Power Systems to demonstrate the viability of using large-format hydrogen fuel cells to supply reliable and sustainable backup power for data centers. The successful demonstration provided valuable insights into the capabilities of fuel cell systems to power multi-megawatt data centers, ensuring uninterrupted power supply to meet 99.999% uptime requirements. The project simulated a 48-hour backup power event at Microsoft's data center in Cheyenne, Wyoming, where a hydrogen fuel cell was integrated into a data center electrical plant to support its critical load. The project is supported and partially funded by the U.S. Department of Energy Hydrogen and Fuel Cell Technologies Office (DOE) under the H2@Scale initiative, which brings stakeholders together to advance affordable hydrogen production, transport, storage, and utilization in multiple energy sectors.
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Caterpillar to Amplify Electrification and Energy Solutions at CES 2024

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Caterpillar Inc. (NYSE: CAT) is set to showcase its electric machines and energy solutions at CES 2024, highlighting its commitment to innovation and sustainability. The exhibit will feature breakthrough innovations, including a zero-exhaust-emission underground loader for mining and a mini excavator, as well as a broad portfolio of integrated solutions for on-site power generation, energy storage, and digital monitoring. CES 2024, taking place in Las Vegas, is expected to draw 130,000 attendees.
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Caterpillar Signs Strategic Agreement with CRH for Electric Off-Highway Trucks and Charging Solutions

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Caterpillar Inc. (CAT) signs electrification strategic agreement with CRH (CRH) to deploy zero-exhaust emissions solutions. CRH, the leading aggregates producer in North America, partners with Caterpillar to accelerate the deployment of 70 to 100-ton-class battery electric off-highway trucks and charging solutions. The collaboration aims to support CRH's climate-related objective of reducing greenhouse gas emissions by 30% by 2030 and achieving net-zero emissions by 2050.
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Caterpillar Successfully Demonstrates to Newmont its Expanding Portfolio of Sustainable Underground Solutions and Technologies

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Caterpillar Inc. (NYSE: CAT) successfully demonstrated its first battery electric prototype underground mining truck, expanding its battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont and other industry leaders took place in Tasmania, Australia, with input and support from Newmont Corporation. The milestone showcases the impact of strong collaboration in the mining industry and reflects the partnership between Newmont and Caterpillar, aiming to achieve a fully connected, automated, zero carbon emitting, end-to-end mining system. The battery electric truck will complete Caterpillar's first fully electric underground load and haul solution when paired with the commercially available R1700 XE battery electric loader. Caterpillar also demonstrated its growing autonomy and automation capabilities, addressing key safety challenges faced by underground customers and aiming to improve productivity and safety for underground mining customers. This demonstration is part of Caterpillar's progress in developing more sustainable offerings for the mining industry, both on the surface and underground.
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Caterpillar Appoints New Energy & Transportation Group President

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Caterpillar Inc. (NYSE: CAT) appoints Jason Kaiser as Group President of the Energy & Transportation segment, effective Jan. 1, 2024. Kaiser's extensive experience in engineering, product management, and operations will lead the Rail Division, Solar Turbines, Large Power Systems Division, Industrial Power Systems Division, Electric Power Division, Caterpillar Oil & Gas and Marine Division, Cat Reman, and Electrification and Energy Solutions Division. Since joining Caterpillar in 2000, Kaiser has held numerous roles in engineering, sales, and operations with increasing responsibility across the electric power business.
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Caterpillar Inc. Maintains Dividend

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Caterpillar Inc. (NYSE: CAT) maintains its quarterly dividend of $1.30 per share of common stock, payable on Feb. 20, 2024, to shareholders of record as of Jan. 22, 2024. The company has a long history of paying dividends and has consistently increased its annual dividends for 30 consecutive years. Caterpillar is also a member of the S&P 500 Dividend Aristocrats Index.
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FAQ

What is the current stock price of Caterpillar (CAT)?

The current stock price of Caterpillar (CAT) is $273.94 as of April 8, 2025.

What is the market cap of Caterpillar (CAT)?

The market cap of Caterpillar (CAT) is approximately 136.1B.

What are the primary business segments of Caterpillar?

Caterpillar primarily operates through segments that include construction industries, resource industries, and energy & transportation, supplemented by a financial products division.

How does Caterpillar generate revenue?

The company generates revenue through direct sales of heavy equipment, aftermarket services, and through financing solutions provided by its captive finance subsidiary.

What role does technology play in Caterpillar’s operations?

Technology is integral to Caterpillar, reflected in its digital command systems, autonomous solutions, and continuous R&D efforts that enhance efficiency, safety, and operational performance.

How extensive is Caterpillar’s global footprint?

Caterpillar operates on every continent with a robust network of independent dealers that ensure localized sales, maintenance, and technical support for its extensive product range.

What makes Caterpillar a trusted industry name?

Caterpillar is recognized for nearly a century of delivering durable, high-performance machinery and consistently integrating technological innovation with proven engineering expertise.

How are customers supported after purchasing Caterpillar equipment?

Customers are supported through a comprehensive dealer network that provides maintenance, parts distribution, technical support, and aftermarket services aimed at maximizing equipment uptime.

What distinguishes Caterpillar’s product portfolio?

The portfolio spans heavy machinery for construction and mining, advanced power systems, and innovative digital solutions that reflect a balance between traditional robustness and modern technological integration.

How does Caterpillar maintain its competitive market position?

By investing in continuous R&D, leveraging a global supply and dealer network, and integrating advanced digital technologies, Caterpillar sustains its competitive edge in a dynamic industrial landscape.
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Caterpillar

NYSE:CAT

CAT Rankings

#68 Ranked by Market Cap
#1532 Ranked by Dividends

CAT Stock Data

136.15B
476.73M
0.24%
72.59%
2.11%
Farm & Heavy Construction Machinery
Construction Machinery & Equip
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United States
IRVING