Caterpillar Inc. (CAT)

Overview

Caterpillar Inc., founded in 1925 and based in Irving, Texas, is a global leader in the manufacturing and sale of heavy machinery and engines. The company operates through multiple segments, including Construction Industries, Resource Industries, Energy & Transportation, Financial Products, and All Other Operating segments, offering a wide range of equipment and financial services worldwide. Caterpillar's extensive product lineup caters to various industries, including construction, mining, energy, transportation, and more, underlining its commitment to supporting customers' heavy equipment needs across different sectors.

Products and Services

• Construction Industries: This segment delivers a comprehensive range of machinery such as asphalt pavers, compactors, excavators, loaders, and motor graders, along with forestry machines, material handlers, and pipelayers. These products are designed to meet the rigorous demands of construction projects of all sizes.
• Resource Industries: Offering machinery and solutions like electric rope shovels, hydraulic shovels, draglines, and mining trucks, this segment caters to mining and heavy-duty operations. It also provides fleet management products, landfill and soil compactors, and autonomous ready vehicles and solutions, emphasizing efficiency and productivity in mining and resource extraction.
• Energy & Transportation: This segment includes generator sets, reciprocating engines, turbines, and diesel-electric locomotives. Products are focused on providing power, propulsion, and energy solutions across industries, including marine, oil and gas, and power generation.
• Financial Products: Beyond machinery, Caterpillar offers a variety of financing solutions to support its customers. This includes operating and finance leases, installment sale contracts, working capital loans, and insurance and risk management services, aimed at facilitating the acquisition and maintenance of Caterpillar equipment.
• All Other Operating: This diverse segment encompasses a range of supplementary products and services such as parts distribution, logistics solutions, brand management, and digital investment services. It also offers essential parts and services like filters and fluids, undercarriage, ground engaging tools, and precision seals, further supporting Caterpillar's commitment to comprehensive customer service and support.