Caterpillar - global sales and revenue streams 2004-2021

In the fiscal year of 2021, Caterpillar reported a revenue of approximately 51billion U.S. dollars generated from global sales. About 22 billion U.S. dollars of the revenue was generated in North America. Caterpillar experienced a 22 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 2020, Caterpillar Inc. was ranked as the world’s top manufacturer of construction machinery, making sales amounting to about 24.8 billion U.S. dollars.

Caterpillar's workforce

The American manufacturer employed 107,700 individuals in 2021. This represented a significant increase in the number of employees relative to the previous year, when a total of 97,300 people were employed. Established as a multinational, Caterpillar has employees all around the world, though large majority of its employees are based in North America.