Ticker League

Latest headcount

118,000

Fiscal year 2025

YoY change

+4.5%

vs. prior fiscal year

Headcount CAGR

+2.7%

Per year, full history

Revenue / employee

$572.8K

Latest annual period

Employee count history for Caterpillar

Caterpillar employee count by fiscal year
Fiscal yearEmployees
199350,443
199452,778
199554,263
20007,324
200268,990
200369,169
200538,128
200648,709
200750,545
200853,509
200943,251
201047,319
201153,236
201254,558
201351,877
2014114,233
2015105,700
201695,400
201798,400
2018104,000
2019102,300
202097,300
2021107,700
2022109,100
2023113,200
2024112,900
2025118,000

Revenue per employee for Caterpillar

Annual revenue divided by reported headcount, normalized to US dollars.

Caterpillar revenue per employee by fiscal year (USD)
Fiscal yearRevenue per employee (USD)
1993$230.3K
1994$271.5K
1995$296.2K
2000$2.8M
2002$292.1K
2003$329.7K
2006$852.3K
2007$889.5K
2008$959.2K
2009$749K
2010$900K
2011$1.1M
2012$1.2M
2013$1.1M
2014$483.1K
2015$444.8K
2016$404K
2017$462K
2018$526.2K
2019$525.9K
2020$429.1K
2021$473.3K
2022$544.7K
2023$592.4K
2024$574K
2025$572.8K

Earnings per employee for Caterpillar

Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.

Caterpillar earnings (net income) per employee by fiscal year (USD)
Fiscal yearEarnings per employee (USD)
1993$12.9K
1994$18.1K
1995$20.9K
2000$143.8K
2002$11.6K
2003$15.9K
2006$72.6K
2007$70.1K
2008$66.5K
2009$20.7K
2010$57.1K
2011$92.6K
2012$104.1K
2013$73K
2014$21.5K
2015$23.8K
2016-$702.3
2017$7.7K
2018$59.1K
2019$59.6K
2020$30.8K
2021$60.3K
2022$61.5K
2023$91.3K
2024$95.6K
2025$75.2K

Employee count history for Caterpillar (CAT)

Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.

  • 2025118,000+4.5%
  • 2024112,900-0.3%
  • 2023113,200+3.8%
  • 2022109,100+1.3%
  • 2021107,700+10.7%
  • 202097,300-4.9%
  • 2019102,300-1.6%
  • 2018104,000+5.7%
  • 201798,400+3.1%
  • 201695,400-9.7%
  • 2015105,700-7.5%
  • 2014114,233+120.2%
  • 201351,877-4.9%
  • 201254,558+2.5%
  • 201153,236+12.5%
  • 201047,319+9.4%
  • 200943,251-19.2%
  • 200853,509+5.9%
  • 200750,545+3.8%
  • 200648,709+27.8%
  • 200643,878+15.1%
  • 200538,128
  • 200369,169+0.3%
  • 200268,990
  • 20018,826
  • 20007,324
  • 19995,279-91.8%
  • 199864,441+10.4%
  • 199758,366+6.2%
  • 199654,968
  • 199554,263+2.8%
  • 199452,778+4.6%
  • 199350,443

About Caterpillar's employee count

Caterpillar (CAT) employed 118,000 people in fiscal year 2025, based on its most recent annual report. That headcount grew by +5,100 (+4.5%) from 112,900 a year earlier.

Across the 1993–2025 period, the company's reported workforce went from 50,443 to 118,000 employees — a compound annual growth rate (CAGR) of +2.7% per year.

Caterpillar generated about $572.8K of revenue and $75.2K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.

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