Caterpillar, Inc. · NYSE:CAT
Caterpillar — Investor Presentation (2026)
20 slides from Caterpillar's investor presentation, 2026
Slide 1: Construction Industries Overview 2026
CONSTRUCTION INDUSTRIES CONSTRUCTION INDUSTRIES OVERVIEW 2026 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements in this financial review relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “estimate,” “will be,” “will,” “would,” “expect,” “a
Slide 3: Construction Industries
Construction Industries THE BACKBONE OF CATERPILLAR FOR THE PAST 100 YEARS, WITH MULTIPLE GROWTH PLATFORMS Attractive Growth Opportunities Power & Energy $28.6B Construction Cat Compact Rental Services Digital & Technology Industries (CI) $25.1B Redefined Commercial Approach Resource North America,
Slide 4: A Global Leader Powering the World's Construction Economy
A Global Leader Powering the World’s Construction Economy DELIVERING WORLD-CLASS CUSTOMER OUTCOMES ACROSS DIVERSE INDUSTRIES WITH AN UNMATCHED DEALER NETWORK 700K+ CUSTOMERS 6 1.4M+ General Construction Road Construction CONNECTED & REPORTING ASSETS Diverse Industries Heavy Construction Quarry & Agg
Slide 5: Customer Back Strategy
Customer Back Strategy CONSTRUCTION INDUSTRIES OVERVIEW 2026 5 5
Slide 6: Solving Our Customers' Toughest Challenges
Solving Our Customers’ Toughest Challenges ACROSS EVERY GEOGRAPHY, CUSTOMERS LOOK TO CATERPILLAR TO PROVIDE THE MOST EFFECTIVE SOLUTIONS SAFETY PRODUCTIVITY LABOR CASH FLOW EASY TO DO BUSINESS WITH CONSTRUCTION INDUSTRIES OVERVIEW 2026 6
Slide 7: Delivering Integrated Customer Solutions…
Delivering Integrated Customer Solutions… BRINGING TOGETHER SERVICES, TECHNOLOGY, FINANCIAL SOLUTIONS AND PRODUCTS TO SOLVE CUSTOMERS’ TOUGHEST CHALLENGES + Customer commitments (Services Commitment) SERVICES + Customer Value Agreements (CVAs) for predictable uptime and cost + Condition monitoring &
Slide 8: …Driving World-Class Customer Outcomes
…Driving World-Class Customer Outcomes DIFFERENT SOLUTIONS FOR DIFFERENT CUSTOMERS, ENHANCED BY SERVICES AND TECHNOLOGY SMALL CONTRACTOR HEAVY CIVIL Customer Outcomes: Faster jobs, lower upfront Customer Outcomes: Higher uptime, lower fuel and cost, easier ownership rework, improved safety, lower ow
Slide 9: Enabled by A Customer-Back Commercial Organization
Enabled by A Customer-Back Commercial Organization INTENTIONALLY DESIGNED TO DELIVER TAILORED SOLUTIONS, DEEPER CUSTOMER INSIGHTS AND CONSISTENT EXECUTION COMMERCIAL EXCELLENCE MODEL Customer-Centric Structure Organized around customer needs, not products Tailored Regional Go-to-Market Core and Grow
Slide 10: Services - A Customer-Back Flywheel
Services - A Customer-Back Flywheel SERVICES EXTEND CUSTOMER OUTCOMES BEYOND THE INITIAL SALE, CREATING A FLYWHEEL OF UPTIME, LOYALTY AND LIFETIME VALUE WHY SERVICES MATTER Machine Telematics, Inspections + Services deliver reliable, profitable revenue Uptime, Predictability, Lower Operating Cost Fl
Slide 11: Our Portfolio Underpins Our Solutions Strategy
Our Portfolio Underpins Our Solutions Strategy BROAD PORTFOLIO ENABLES INTEGRATED SOLUTIONS THAT DELIVER SUPERIOR CUSTOMER OUTCOMES ▪ Proven safety, reliability and durability CUSTOMER VALUE ▪ High productivity in demanding applications PROPOSITION ▪ Industry leading total cost of ownership ▪ Techno
Slide 12: Growth Opportunities
Growth Opportunities CONSTRUCTION INDUSTRIES OVERVIEW 2026 12 12
Slide 13: Secular Tailwinds Support Multi-Year Growth
Secular Tailwinds Support Multi-Year Growth WE ARE WELL POSITIONED TO PARTICIPATE IN THE FASTEST-GROWING CONSTRUCTION SEGMENTS RESIDENTIAL NON-RESIDENTIAL +25% CONSTRUCTION CONSTRUCTION GLOBAL +25% Residential Construction Spend1 +15% Non-Residential Building Construction (2024-2034) CONSTRUCTION Sp
Slide 14: Cat Compact
Cat® Compact NEW GO-TO-MARKET MODEL FOR SMALL EQUIPMENT TO PARTICIPATE IN AN ATTRACTIVE GROWTH OPPORTUNITY OMNICHANNEL DEALER PLATFORM DESIGNED FOR SMALL CONTRACTORS + Buy, rent and service compact equipment in one destination + Blends digital discovery and online research with in-person dealer expe
Slide 15: Cat Rentals
Cat Rentals SM SUPPORTING EVERY JOB WITH RELIABLE EQUIPMENT ACCESS AND LOCAL DEALER EXPERTISE IN A RENTAL INDUSTRY GROWING 50%+ What is Cat Rentals A dealer-operated rental channel that gives customers convenient access to caterpillar equipment, services and support. Customer Value Delivered by Cat
Slide 16: Services Commitment
Services Commitment SHAPED BY CUSTOMER FEEDBACK TO INCREASE CUSTOMER PRODUCTIVITY FROM CAPABILITIES TO CUSTOMER COMMITMENTS Turning our services advantage into clear, customer-facing commitments HOW SERVICES COMMITMENT ENABLES GROWTH + Drives uptime and predictable customer outcomes + Increases loya
Slide 17: Advanced Technology Leader
Advanced Technology Leader CONNECTING MACHINES, DATA AND DIGITAL APPLICATIONS TO CREATE A SEAMLESS, INTEGRATED WORKSITE EXPERIENCE TO ADDRESS SAFETY AND SKILLED LABOR CHALLENGES Transform Jobsites Cat AI NVIDIA $25M Workforce Through Autonomy Assistant Investment Intelligent machines An AI-based sol
Slide 18: We Continue to Invest
We Continue to Invest ACCELERATING TECHNOLOGIES AND EXPANDING OUR CAPABILITIES TO BETTER SERVE CUSTOMERS AND DRIVE LONG-TERM PROFITABLE GROWTH Digital, Autonomy Services & & Technology Customer Solutions Manufacturing Portfolio Expansion Capabilities CONSTRUCTION INDUSTRIES OVERVIEW 2026 18
Slide 19: Outpacing the Industry by Solving Our Customers' Toughest Challenges
Outpacing the Industry by Solving Our Customers’ Toughest Challenges Driving commercial excellence through tailored go-to-market strategies 1.25x Deploying advanced technology to solve safety, SALES TO productivity and labor challenges USERS1 GROWTH Delivering integrated solutions across industry- l
Slide 20: Glossary
Glossary • Assist Features: Operator-enhancing control • EXD: Excavation Division features that improve safety, productivity, and labor efficiency • Growth Regions: Asia (excluding Japan), Africa, Middle East, Eurasia, Latin America • Autonomy / Task Autonomy: Levels of machine automation • Services