Story perspectives

Caterpillar Hits $364 Billion Market Cap Amid AI Boom

2/15/2026

Summary

Story summary

Caterpillar Inc. reached a market cap of about $364 billion and its shares hit a record $775 as of February 13, 2026, driven by energy and AI-sector expansion.
In 2024, Caterpillar's energy and transportation segment reached $28.8 billion in revenue, surpassing traditional construction.
CEO Joseph Creed focuses on commercial excellence and technology leadership, as Caterpillar reports record full-year sales of $67.6 billion and a $51 billion backlog.

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Story summary

Caterpillar Inc. reached a market cap of about $364 billion and its shares hit a record $775 as of February 13, 2026, driven by energy and AI-sector expansion.
In 2024, Caterpillar's energy and transportation segment reached $28.8 billion in revenue, surpassing traditional construction.
CEO Joseph Creed focuses on commercial excellence and technology leadership, as Caterpillar reports record full-year sales of $67.6 billion and a $51 billion backlog.