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Caterpillar Inc., also known as Cat, is an American construction, mining and other engineering equipment manufacturer. [ 6] The company is the world's largest manufacturer of construction equipment. [ 3][ 7][ 8] In 2018, Caterpillar was ranked number 73 on the Fortune 500 list [ 9] and number 265 on the Global Fortune 500 list. [ 10]
August 9, 2024 at 10:35 AM. Caterpillar 's (NYSE: CAT) recent second-quarter earnings inspired a Truist analyst to raise the company's price target to $399 from $390 while maintaining a buy rating ...
James W. Owens. James W. Owens is an American economist and manufacturing executive. He is the former chairman and chief executive officer of Caterpillar Inc., the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. He held the positions from 1 February 2004 through 2010.
As of 2010, Caterpillar Inc. was the 229nd largest company in the world, In 2011, Caterpillar was the best-performing stock last year among the 30 companies in the Dow Jones industrial average [30] with a market value of US$45.13 billion. Caterpillar is one of the 30 companies whose stock is tracked in the Dow Jones Industrial Average.
Caterpillar Inc. recorded record-breaking sales and revenues in 2023, according to financial figures released by the company on Monday.. Sales and revenues for Irving, Texas-based Caterpillar hit ...
Weaknesses. Cat's total debt-to-equity ratio stands high at 258%. It needs to continuously boost margins and ensure cash flow is strong enough to cover interest and debt-related payments as they ...
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