Recent Updates — CAT
Caterpillar Inc. reported third-quarter 2026 financial results with total sales and revenues increasing 17% to $20.7 billion, driven by a $2.2 billion increase in higher sales volume and $663 million in favorable price realization. Profit per share reached $7.13, up from $4.88 in the prior-year period, while adjusted profit per share was $7.20. Operating profit margin expanded to 20.4% from 17.3%. The company deployed $2.0 billion of cash for share repurchases and dividends during the quarter. Caterpillar Inc. is a leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
Caterpillar Inc. announced that Derrick York, currently president of Solar Turbines and senior vice president, has been appointed group president of the Resource Industries segment, effective November 1, 2026. This appointment coincides with the retirement of outgoing group president Denise Johnson, who will assume an advisory role until her full departure on February 1, 2027. The leadership change follows Johnson's tenure since 2016, during which she restored profitability to the mining-focused segment and advanced industry technologies in autonomy. York brings over 16 years of experience at Caterpillar, including leading global business units for industrial gas turbines and compressors. Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
Caterpillar Inc. entered into a new $3.5 billion unsecured revolving credit facility expiring August 26, 2027, replacing its prior 2025 agreement. The company also amended and restated its existing facilities: the Three-Year Facility was extended to August 27, 2029, with a capacity of $3.0 billion, and the Five-Year Facility was extended to August 27, 2031, with a capacity of $5.0 billion. These credit facilities are available for general corporate purposes and include financial covenants requiring consolidated net worth of at least $9 billion and specific interest coverage and leverage ratios for Cat Financial. As of the filing date, no amounts have been drawn under these facilities. Caterpillar Inc. manufactures construction and mining equipment, diesel and natural gas engines, industrial turbines, and diesel-electric locomotives.
Caterpillar Inc. reported second-quarter 2026 financial results for the period ended June 30, 2026. Sales and revenues increased 24% to $20.5 billion, driven by a $3.1 billion increase in sales volume and $595 million in favorable price realization. Profit per share rose to $7.77 from $4.62 in the prior year period, while adjusted profit per share reached $8.17. Operating profit margin expanded to 20.9% from 17.3%. The company deployed $2.2 billion for share repurchases and dividends during the quarter. Caterpillar Inc. is a leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
Caterpillar Inc. declared a quarterly cash dividend of $1.63 per share, representing a $0.12 increase from the previous $1.51 per share dividend. The dividend is payable on August 19, 2026, to shareholders of record on July 20, 2026. Caterpillar Inc. is a manufacturer of construction, mining, and diesel engines.