How many employees does Caterpillar Inc. have?

Caterpillar Inc. reported 118,000 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 13, 2026. That is up 4.5% from a year earlier.

What is Caterpillar Inc.'s revenue per employee?

Caterpillar Inc. brought in $67.6B of revenue in fiscal Dec 2025, which is $573K per employee. That ranks 2 of 4 companies we track in Agricultural - Machinery, where the median is $570K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

Caterpillar Inc. employees and revenue per employee

CAT · Agricultural - Machinery · $389.4B market cap

Caterpillar Inc. had 118,000 employees at the end of fiscal Dec 2025, up 4.5% from a year earlier. Revenue for the year was $67.6B, up 4.3% from a year earlier, or $573K per employee. Headcount grew faster than revenue.

Employees

118,000

+4.5% YoY

Revenue

$67.6B

+4.3% YoY

Revenue / employee

$573K

Peer median $570K

Rank in industry

2 of 4

Agricultural - Machinery

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016

Hover a year for the numbers.

CAT employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	118,000	$67.6B	$573K	+4.5%	+4.3%
Dec 2024	112,900	$64.8B	$574K	-0.3%	-3.4%
Dec 2023	113,200	$67.1B	$592K	+3.8%	+12.8%
Dec 2022	109,100	$59.4B	$545K	+1.3%	+16.6%
Dec 2021	107,700	$51.0B	$473K	+10.7%	+22.1%
Dec 2020	97,300	$41.7B	$429K	-4.9%	-22.4%
Dec 2019	102,300	$53.8B	$526K	-1.6%	-1.7%
Dec 2018	104,000	$54.7B	$526K	+5.7%	+20.4%
Dec 2017	98,400	$45.5B	$462K	+3.1%	+18.0%
Dec 2016	95,400	$38.5B	$404K	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

Caterpillar Inc. against similar companies

The closest industry peers by revenue, from Agricultural - Machinery.

Company	Employees	Revenue	Revenue / employee	Shape
DE Deere & Company	73,100	$44.7B	$611K	Contracting
CAT Caterpillar Inc.	118,000	$67.6B	$573K	Hiring ahead
OSK Oshkosh Corp	18,400	$10.4B	$566K	Contracting
AGCO AGCO Corporation	22,000	$10.1B	$458K	Contracting

Every Industrials company

Questions about Caterpillar Inc.

How many employees does Caterpillar Inc. have?: Caterpillar Inc. reported 118,000 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 13, 2026. That is up 4.5% from a year earlier.
What is Caterpillar Inc.'s revenue per employee?: Caterpillar Inc. brought in $67.6B of revenue in fiscal Dec 2025, which is $573K per employee. That ranks 2 of 4 companies we track in Agricultural - Machinery, where the median is $570K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare CAT with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

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Source: employee counts and revenue as stated in Caterpillar Inc.'s annual reports (Form 10-K), latest filed February 13, 2026. This is data, not a recommendation to buy or sell CAT.