Caterpillar (CAT) revenue breakdown
By segment, Segments Excluding All Other Segments is the largest at 81% of fiscal 2025 revenue; Resource Industries grew fastest, 6% a year over 4 years.
By product, Machinery, Power & Energy is the largest at 95% of fiscal 2025 revenue, growing 5% a year over 8 years.
Revenue by segment
Fiscal years, as Caterpillar reports them in its 10-K filings; fiscal 2025 total $84.8B.
| Segments | 2017 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|
| Segments Excluding All Other Segments | — | — | $64.6B | $67.8B | $65.6B | $68.3B | 81% |
| Resource Industries | — | $9.8B | $12.3B | $13.3B | $12.1B | $12.2B | 14% |
| Financial Products Segment | $3.2B | $3.1B | $3.3B | $3.8B | $4.1B | $4.2B | 5% |
| Machinery, Energy & Transportation | $42.7B | — | — | — | — | — | — |
| Construction Industries | — | $22.1B | — | — | — | — | — |
| Energy & Transportation | — | $20.3B | — | — | — | — | — |
| Other Segments | — | $511M | — | — | — | — | — |
| Other Operating Segment | — | — | $450M | — | — | — | — |
Revenue by product
Fiscal years, as Caterpillar reports them in its 10-K filings; fiscal 2025 total $67.6B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Machinery, Power & Energy | $42.7B | $51.8B | $50.8B | $39.0B | $48.2B | $56.6B | $63.9B | $61.4B | $64.0B | 95% |
| Financial Products | $2.8B | $2.9B | $3.0B | $2.7B | $2.8B | $2.9B | $3.2B | $3.4B | $3.6B | 5% |
Revenue by region
Fiscal years, as Caterpillar reports them in its 10-K filings; fiscal 2025 total $67.6B.
| Regions | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| North America | — | $25.6B | $25.8B | $18.2B | $22.0B | $28.0B | $34.6B | $34.4B | $36.6B | 54% |
| EAME | — | $11.9B | $11.2B | $9.9B | $12.1B | $12.8B | $13.7B | $12.3B | $12.8B | 19% |
| Asia/Pacific | — | $12.5B | $12.1B | $10.2B | $11.7B | $11.9B | $12.1B | $11.4B | $11.2B | 17% |
| Latin America | — | $4.7B | $4.7B | $3.4B | $5.1B | $6.7B | $6.7B | $6.7B | $7.0B | 10% |
| Outside the United States | $26.9B | — | — | — | — | — | — | — | — | — |
| U.S. pensions | $18.6B | — | — | — | — | — | — | — | — | — |
Questions
Where does Caterpillar make its money?
In fiscal 2025, by segment: Segments Excluding All Other Segments $68.3B, Resource Industries $12.2B, Financial Products Segment $4.2B.
From Caterpillar's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.