Caterpillar - global sales and revenue streams 2004-2023
In the fiscal year of 2023, Caterpillar 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.
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.