Caterpillar News

Caterpillar Reports a 10% Drop in Q1 Sales to $14.2B Amid Construction and Resources Sector Challenges

Caterpillar Inc. faces a 10% sales drop in Q1 2025, with $14.2B in revenues, attributed to construction and resources sectors' declines. Profits fell by 28%, yet the company alloca...

Caterpillar Reports a 10% Drop in Q1 Sales to $14.2B Amid Construction and Resources Sector Challenges

Caterpillar Inc. reports a 10% decrease in Q1 sales to $14.2 billion, with significant losses in construction and resources sectors. Profits fell by 28%, but the company maintained...

Caterpillar Reports a 10% Drop in Q1 Sales Amid Construction and Resources Sector Downturn

Caterpillar Inc. announced a 10% drop in Q1 sales to $14.2 billion, with significant losses in construction and resources sectors. Profits fell by 28%, but the company still alloca...

Joe Creed to Lead Caterpillar as New CEO: A New Era Begins May 1

Caterpillar announces Joe Creed as the new CEO effective May 1, succeeding D. James Umpleby III who transitions to Executive Chairman. Creed's 28-year tenure and diverse roles with...

Caterpillar Announces Joe Creed as New CEO, Marking a New Era Starting May 1

Caterpillar Inc. announces Joe Creed as its new CEO starting May 1, succeeding D. James Umpleby III who transitions to Executive Chairman. Creed, with 28 years at Caterpillar, brin...

Caterpillar Announces Joe Creed as New CEO, Marking a New Era Starting May 1

Caterpillar Inc. announces Joe Creed as its new CEO effective May 1, with D. James Umpleby III transitioning to Executive Chairman. Creed, with 28 years at Caterpillar, is set to l...

Caterpillar Reports a 5% Dip in Q4 Sales to $16.2B Amidst Challenging Market Conditions

Caterpillar Inc. reports a 5% decrease in Q4 sales to $16.2 billion, with a slight profit increase. The company's annual revenue fell by 3.9%, but profit grew by 4.9%. CEO Jim Umpl...

Caterpillar Reports 5% Drop in Q4 Sales to $16.2B Amidst Profit Growth

Caterpillar Inc. announced a 5% decrease in Q4 sales to $16.2 billion, with a 4% profit increase to $2.8 billion. The company's 2024 revenue fell 3.9% to $61.9 billion, while profi...