Caterpillar
CAT · NYSE · Industrials
$808.99
+$10.52 (+1.30%) today
Market Cap
$371.87B
24h Volume
$3.8B
P/E Ratio
34.8
52w High
$1,062.93
52w Low
$459.58
Est. AI Revenue
8%
7-Day Sparkline (Static)
Company facts
Performance
About Caterpillar
Caterpillar is the world's largest maker of construction and mining equipment. It earns revenue selling machines, engines, and power systems through a global dealer network, plus financing and a large parts and service business attached to its installed fleet.
The AI-relevant business is Energy & Transportation. Cat generator sets provide backup and prime power for data centers, and its Solar Turbines unit supplies industrial gas turbines used for on-site generation. Management has attributed record engine and turbine demand to data center power needs, and the company has been expanding engine capacity in response.
Founded in 1925 and headquartered in Irving, Texas, Caterpillar employs about 118,000 people and trades on the NYSE as a Dow component. Its dealer network services machines and engines in nearly every country.
Caterpillar in the AI buildout
Caterpillar sits in the Power & Energy and Data Centers layers through its engine and turbine business. Every data center needs backup generation, and a growing number need prime on-site power that the grid cannot deliver on schedule. Cat generator sets and Solar Turbines gas turbines serve both needs, and data center demand has driven record orders in Energy & Transportation. Construction and mining equipment still dominate the company, keeping overall AI exposure moderate.
CAT is tracked in Power & Energy and Data Centers & Hardware, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
CAT trades at $808.99, 58% of the way up its 52-week range of $459.58 to $1,062.93.
Market cap
Market capitalization is $371.87B, with an AI Exposure Score of 30 out of 100.
Valuation vs peers
Its P/E ratio of 34.8 is in line with the Power & Energy category median of 30.8.
Next earnings
Caterpillar is next expected to report earnings on October 29, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Caterpillar do?
Caterpillar manufactures construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and locomotives. It sells through a global dealer network and earns additional revenue from financing, parts, and services on its installed equipment base.
How is Caterpillar exposed to AI?
Supercycle rates Caterpillar Growing with an AI Exposure Score of 30 out of 100. Data center demand for its generator sets and Solar Turbines has driven record orders in Energy & Transportation, but construction and mining equipment remain the bulk of the business.
What Caterpillar products serve data centers?
Cat generator sets provide standby and prime power for data centers, and Solar Turbines supplies industrial gas turbines for on-site generation. Both product lines sit in the Energy & Transportation segment, where management has cited data center power as a growth driver.
Is CAT a pure play AI stock?
No. Caterpillar is rated Growing on Supercycle. Data center power is a fast-growing and disclosed driver within one segment, while the company's results overall move with global construction, mining, and energy capital spending cycles.
Who leads Caterpillar and where is it based?
Joseph E. Creed serves as chief executive officer. Caterpillar was founded in 1925, is headquartered in Irving, Texas, employs about 118,000 people, and trades on the New York Stock Exchange.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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