Last updated: May 22, 2026 · ← Back to Stock Fact Sheets
NYSE: CAT
Caterpillar Inc.
Heavy equipment & AI infrastructure · Irving, TX · CEO: Jim UmplebyLive price: Yahoo Finance →
Q1 2026 · Apr 30, 2026
Q1 revenue
$17.4BRevenue growth
+22% YoYAdj. EPS
$5.54EPS growth
+30% YoYOp. profit
$3.09BOp. margin
17.7%AI infra boom
Key driverFY26 rev. guide
RaisedSnapshot
| Market cap | ~$185B |
| Op. income growth | +20% YoY |
| MP&E sales | $16.5B |
| FY26 guide | Raised (AI boom) |
| Dividend | Aristocrat (30+ yrs) |
| Consensus | Buy |
Key themes
| Bull | AI data center construction = CAT demand surge |
| Bear | Construction slowdown if rates stay high |
| Catalyst | AI infrastructure buildout 2026–2028 |
| Dividend yield | ~1.5% |
Not investment advice. Data as of May 22, 2026. Check live quote for current price.
Caterpillar (CAT) — Overview
Caterpillar Inc. (NYSE: CAT) is the world’s largest manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. Q1 2026 was a landmark quarter: revenue surged 22% to $17.4 billion and adjusted EPS of $5.54 grew 30% year-over-year, with the company raising its annual revenue forecast. The key driver is one of the most powerful secular tailwinds in the economy — AI data center construction. Every hyperscaler data center requires enormous civil engineering, excavation, foundation work, and power infrastructure that runs through Caterpillar’s equipment fleet. Microsoft, Meta, Amazon, and Google are collectively spending over $700 billion in capital expenditures in 2026, and a meaningful portion of that flows directly through CAT’s order book. The Dow’s most direct AI infrastructure play outside of tech itself.
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For informational purposes only. Not investment advice. Data as of May 22, 2026.
