In 2020, over 40 percent of the external revenue was generated from Caterpillar’s energy and transportation segment, amounting to approximately 17.47 billion U.S. dollars. The construction industry segment was not far off, recording revenue of about 16.92 billion U.S. dollars in the same period.
Financial overview of 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 2019, Caterpillar Inc. was ranked as the world’s top manufacturer of construction machinery, making sales amounting to about 33 billion U.S. dollars.
Main markets of Caterpillar
In the fiscal year of 2020, Caterpillar generated approximately 41.75 billion U.S. dollars in global sales. About 44 percent of their revenue was generated in North America, making it the largest market for Caterpillar. The second largest market was Asia-Pacific, with over 10.2 billion U.S. dollars in generated in the region in 2020.
Caterpillar's external revenue between FY 2018 and FY 2020, by segment
(in million U.S. dollars)
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Caterpillar. (February 17, 2021). Caterpillar's external revenue between FY 2018 and FY 2020, by segment (in million U.S. dollars) [Graph]. In Statista. Retrieved January 23, 2022, from https://www.statista.com/statistics/281135/sales-and-revenues-of-caterpillar-by-segment/
Caterpillar. "Caterpillar's external revenue between FY 2018 and FY 2020, by segment (in million U.S. dollars)." Chart. February 17, 2021. Statista. Accessed January 23, 2022. https://www.statista.com/statistics/281135/sales-and-revenues-of-caterpillar-by-segment/
Caterpillar. (2021). Caterpillar's external revenue between FY 2018 and FY 2020, by segment (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 23, 2022. https://www.statista.com/statistics/281135/sales-and-revenues-of-caterpillar-by-segment/
Caterpillar. "Caterpillar's External Revenue between Fy 2018 and Fy 2020, by Segment (in Million U.S. Dollars)." Statista, Statista Inc., 17 Feb 2021, https://www.statista.com/statistics/281135/sales-and-revenues-of-caterpillar-by-segment/
Caterpillar, Caterpillar's external revenue between FY 2018 and FY 2020, by segment (in million U.S. dollars) Statista, https://www.statista.com/statistics/281135/sales-and-revenues-of-caterpillar-by-segment/ (last visited January 23, 2022)
