Caterpillar

Caterpillar designs and builds construction and mining machines, engines, generator sets, gas turbines and locomotives, sells them through 150 independent Cat dealers in 190 countries, and finances them through Cat Financial. FY2025 sales and revenues were $67.6B (+4%); Power & Energy grew 12% on data-center power demand, while tariffs cut operating margin to 16.5%. About 51% of sales were outside the United States.

Click any of the 9 blocks below for a plain-language story of how that part of the model works for Caterpillar — and how it connects to the others.