CATERPILLAR (CAT) Company Report

RenX transitioned from real estate development to an environmental solutions platform through the acquisition of Resource Group, establishing its core operating business.
The Company expects to generate $7 million in gross revenues during fiscal 2025 (unaudited estimate).
Management reduced short-term debt, eliminated all convertible debt, and closed a $9 million private placement to strengthen its capital structure.
RenX invested in processing infrastructure—including a Komptech shredder, Diamond Z grinder, trommel screener, and CAT excavator—with a Microtec mill due in March 2026 to support higher-margin product lines.

5 days ago

Press Release

Caterpillar expands AI collaboration with NVIDIA

CAT

Product Launch

New Projects/Investments

Caterpillar announced an expanded collaboration with NVIDIA to integrate AI-powered solutions into its machines, jobsites, factories and supply chains, accelerating next-generation customer offerings and manufacturing systems.
The partnership leverages the NVIDIA Jetson Thor platform for real-time AI inference on Cat construction, mining and power equipment, enabling in-cab AI features, autonomous operations and advanced machine intelligence.
At CES 2026, Caterpillar debuted the Cat AI Assistant, a voice-activated proactive assistant built on NVIDIA Riva speech models that provides personalized equipment insights, maintenance guidance and seamless integration with Cat apps via the Helios data platform.
Caterpillar is transforming manufacturing and supply chain operations with the NVIDIA AI Factory—using AI for forecasting, scheduling and creating digital twins on NVIDIA Omniverse to drive safer, leaner and more resilient production.
In 2024, Caterpillar achieved $64.8 billion in sales and revenues, operating through three primary segments and a Financial Products unit.

7 days ago

Press Release

Caterpillar unveils AI assistant and autonomy at CES 2026

CAT

Product Launch

New Projects/Investments

Caterpillar introduced the Cat AI Assistant, a multi-modal group of AI agents built on its Helios and NVIDIA Thor edge platforms to support operators, technicians, and analysts with real-time diagnostics, safety alerts, and operational guidance, launching this quarter.
The keynote showcased autonomous and AI-enabled machines, including large-scale mining trucks, 3D grade control for construction, and a forthcoming landfill autonomy deployment with WM, highlighting real-time perception via LIDAR, radar, GPS, and cameras.
CEO Joe Creed emphasized the partnership with NVIDIA, embedding accelerated AI from data centers into Caterpillar’s physical infrastructure to create intelligent, edge-compute systems that operate reliably off-grid.
Caterpillar committed $25 million to workforce training and education programs to prepare operators, technicians, and data specialists for new AI and autonomy roles across its global dealer network.

7 days ago

Transcript

Caterpillar unveils AI-powered future and invests in workforce

CAT

Product Launch

New Projects/Investments

Caterpillar introduced the Cat AI Assistant to unify digital applications and previewed five autonomous construction machines, advancing AI-driven heavy equipment.
Expanded collaboration with NVIDIA to accelerate on-board AI features and bolster industrial AI infrastructure.
Pledged $25 million over five years to launch a global innovation prize aimed at upskilling workers for digital and autonomous roles.
Plans to increase digital and technology investment by 2.5× by 2030, building on $30 billion in R&D over the past 20 years.
Reported $64.8 billion in sales for 2024 across Construction Industries, Resource Industries, Power & Energy, and Financial Products segments.

7 days ago

Press Release

Caterpillar unveils AI and autonomy at CES 2026

CAT

Product Launch

CEO Joe Creed outlined how Caterpillar is embedding AI, autonomy, and advanced analytics into its construction, mining, and power equipment fleets to build a smarter “invisible layer” for modern infrastructure.
Chief Digital Officer Ogi Redzic introduced the Cat AI Assistant, powered by the Helios platform, which aggregates data from 1.5 million connected assets and 16 petabytes of data to deliver real-time operational guidance.
Caterpillar showcased its collaboration with NVIDIA, leveraging the Thor robotics and edge AI platform to run speech recognition, AI models, and control logic directly on machines in remote environments.
CTO Jamie Mineart previewed five autonomous construction machines—wheel loader, dozer, haul truck, excavator, and compactor—designed to orchestrate complex job-site workflows with enhanced safety and efficiency.

7 days ago

Transcript

Caterpillar unveils Cat AI Assistant and autonomy initiatives at CES 2026

CAT

Product Launch

New Projects/Investments

Caterpillar showcased its partnership with NVIDIA to embed on-machine AI using platforms like Isaac and Jetson Thor, enabling real-time perception, planning, and control at the edge without cloud dependency.
The new Cat AI Assistant, built on the Helios cloud-native platform, offers multimodal (voice, text, image, video) operator support for fuel monitoring, maintenance scheduling, and safety alerts.
Caterpillar previewed five autonomous equipment models—wheel loaders, dozers, haul trucks, excavators, and compactors—integrating on-site autonomy and digital twins to enhance safety and productivity on construction sites.
The company committed $25 million to workforce training and partnerships with schools and community groups to prepare operators, technicians, and managers for AI- and autonomy-driven roles.

7 days ago

Transcript

Caterpillar CEO Creed to assume chairmanship

CAT

CEO Change

Board Change

Management Change

Joseph E. Creed will add the role of chairman on April 1, succeeding D. James “Jim” Umpleby III, who is retiring after a 45-year career at Caterpillar.
The board will shrink from ten to nine directors and rename the presiding director role to lead independent director, with Debra L. Reed-Klages retaining that position for continuity.
Caterpillar reported $64.8 billion in 2024 sales and revenues, operating through Construction Industries, Resource Industries, Energy & Transportation, and a Financial Products segment.
Shares rose about 1.1% in after-hours trading; analyst consensus remains a Hold at a $555 price target, while TipRanks’ AI Analyst rates CAT as Outperform, citing strong performance but noting high debt and valuation risks.

Jan 6, 2026, 9:35 PM

WSJ

Caterpillar shares surge on AI data-center demand

CAT

Revenue Acceleration/Inflection

New Projects/Investments

62% stock increase in 2025 driven by shift into AI data-center power systems; power-and-energy sales up ~31% to $7.8 billion in 2024
Joule Capital Partners’ Utah project deploys over 700 generators across six data centers with up to 4 GW of capacity, underscoring on-site power demand
Energy & Transportation division now represents nearly 40% of Caterpillar’s revenue amid the AI pivot
Investing $725 million to expand Lafayette, Indiana plant and planning to double turbine-engine production by 2030 to alleviate supply bottlenecks

Dec 30, 2025, 1:07 PM

WSJ

Caterpillar shares plunge amid AI-driven sell-off

CAT

Dividends

Shares fell roughly 4.6–4.7% intraday, marking their worst five-day stretch since April with an approximate 9.6% decline over five sessions amid concerns over AI-driven multiple contraction.
The recent sell-off follows a 60% year-to-date share gain and 250% five-year total shareholder return, despite a -3.6% return in the prior seven days.
Caterpillar’s fundamentals remain supportive, with a record backlog near $40 billion, robust Energy & Transportation sales tied to data-center demand, and a mining software push including the RPMGlobal deal.
The board maintained the quarterly dividend at $1.51 per share, payable Feb. 19, 2026, to shareholders of record Jan. 20, 2026.

Dec 19, 2025, 4:48 PM

Bloomberg

Finning reports Q3 2025 results

CAT

Earnings

Dividends

Share Buyback

Revenue of $2.8 billion, up 14%; product support +9% to $1.5 billion and new equipment +12% to over $1.0 billion
EBIT of $240 million (up 25% YoY) and EPS of $1.17 (up 33% YoY)
Free cash flow used $56 million, driven by higher inventory to support activity levels
Declared quarterly dividend of $0.3025 per share and repurchased 1.2 million shares at an average cost of $59.45 (0.9% of public float)