Caterpillar - revenue by segment 2019-2021

In 2021, 43 percent of the external revenue was generated from Caterpillar’s construction industry segment, amounting to approximately 22.1 billion U.S. dollars. The energy and transportation segment was not far off, recording revenue of about 20.3 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 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.

Main markets of Caterpillar

In the fiscal year of 2021, Caterpillar generated approximately 51 billion U.S. dollars in global sales. About 43 percent of their revenue was generated in North America, making it the largest market for Caterpillar. The second largest market was Europe, Africa, and Middle East, with over 12.1 billion U.S. dollars generated in the region in 2021.