Caterpillar - worldwide profit 2007-2023
In the fiscal year of 2023, the Illinois-based manufacturer of machinery and engines, Caterpillar, made a worldwide profit of approximately 10.3 billion U.S. dollars. This represents a significant increase of 54 percent compared to the previous year's profit. The company's profit had a fluctuating trend for the majority of the years until 2018, when the company experienced a dramatic increase in profits. The figures have remained roughly stable from 2018 to 2022, except for the year 2020, during the onset of the COVID-19 pandemic.