Caterpillar is the world's largest construction-equipment manufacturer. It is known for manufacturing construction and mining equipment, diesel and natural gas engines, industrial turbines and locomotives. Learn the latest information and analysis on the company, CAT stock price today, history, stock news, how much one share costs and other information to help you make investment decisions. Check Gainy app to get insights on stock prices and more. The company was founded in 1925 and has headquarters in Deerfield, Illinois. Caterpillar is one of the leading companies in the world and has been included in the Dow for thirty years. The stock did really well following the pandemic dip of 2020. Most construction continued while many industries were shut down, and the stock grew by 150% in a year from March 2020 to March 2021. The company’s operating margin was under pressure due to rising costs of raw materials because of inflation. This may remain an issue for some time, but prices should be eventually adapted to the current situation. The Caterpillar stock price underperformed the S&P 500 after announcing results early in 2022, although the company managed to beat market expectations on revenue and earnings. Caterpillar is expected to have steady revenue growth and expand their margins in the next couple of years. Check back to this page for the CAT stock quote or download Gainy to always have all the key stock info and stock quotes for all the public stocks right in your pocket.
