Full-Time
Manufactures heavy machinery for construction
$112.7k - $169.1k/yr
No H1B Sponsorship
Lafayette, IN, USA
Remote
On-site five days a week. Domestic relocation is available.
Bachelor's
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Caterpillar designs and manufactures heavy machinery and engines for the construction, mining, energy, and rail industries, selling equipment, parts, services, and financing. Its products are large diesel machines with hydraulic systems and attachments, using data-driven features and remote diagnostics to improve uptime, along with extensive aftermarket maintenance and repair. It differentiates itself through its global scale, integrated product-and-service ecosystem, and large dealer and financing networks, plus ongoing use of data analytics and AI to optimize performance. Its goal is to help customers complete large-scale projects safely and efficiently while supporting sustainable development through community initiatives and durable equipment.
Company Size
10,001+
Company Stage
IPO
Headquarters
Irving, Texas
Founded
1925
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Annual incentive bonus plan
Medical, dental, and vision coverage
Paid time off plan (Vacation, Holiday, Volunteer, Etc.)
401k savings plan
Health savings account (HSA)
Flexible spending accounts (FSAs)
Disability benefits
Life Insurance
Parental leave
Healthy Lifestyle Programs
Employee Assistance Programs
Voluntary Benefits and Employee Discounts
Tuition Reimbursement
Career Development
Caterpillar reported a record $20.5 billion quarter, but analysts focused on whether the company has peaked or is entering a new growth cycle. Shares are down 21% from recent highs after a 103% run last year. The key concern centres on whether the Power & Energy segment can offset potential slowdown in Construction Industries. Management acknowledged construction will likely see typical inventory reduction in Q4, but emphasised Power & Energy faces production constraints, not demand issues. Caterpillar's $72 billion backlog extends to 2030, driven by AI and data centre demand. Management highlighted diversification, noting the oil and gas business backlog is nearly double last year's level, suggesting growth beyond a single market. The company confirmed data centre customers show no signs of slowing.
Caterpillar surpassed $20 billion in quarterly sales for the first time in Q2 2026, yet its stock has dropped 6.5% over three months. The company faces a production constraint rather than a demand problem, with its backlog reaching $72 billion and lead times for gas engines extending into late 2028 and 2029. The manufacturer is addressing capacity limits by restarting a mothballed engine platform and converting existing facilities. Power generation sales to end users jumped 72% in Q2 2026, driven primarily by data centre demand. Management raised its full-year sales growth outlook to mid- to high teens from low double digits. However, dealers are expected to reduce Construction Industries inventory by over $1 billion in Q4 2026. The stock currently trades 21% below its 52-week high, with implied volatility at the 80th percentile of its trailing one-year range.
Caterpillar raised its 2026 sales outlook to mid- to high-teens growth, up from its April forecast, citing strong demand across its three primary segments. The company reported record backlog of $72 billion, up $9 billion sequentially and 92% year over year, with 59% scheduled for delivery within 12 months. Second-quarter sales rose 24% to $20.54 billion, the company's first quarter above $20 billion. Adjusted earnings of $8.17 per share topped consensus estimates of $6.25. Power Generation sales to users surged 72%, driven by data centre applications. Caterpillar is restarting production of a 10-megawatt gas reciprocating engine platform and plans to restore about 1.5 gigawatts of capacity, with shipments beginning in the fourth quarter.
Advance Auto Parts and Caterpillar present contrasting investment profiles for 2026, balancing retail recovery against industrial stability. Advance Auto Parts operates in the automotive aftermarket, serving mechanics and DIY enthusiasts. The company recently expanded its AI-powered same-day delivery partnership with OneRail. FY 2025 revenue fell 5.4% year-over-year to $8.6 billion, with net income of $44 million and a 0.5% margin. The firm faces a 2.4x debt-to-equity ratio and negative $298 million free cash flow whilst implementing multi-year restructuring. Caterpillar serves construction, mining, and energy sectors through a global dealer network across nearly 190 countries. FY 2025 revenue grew 4.3% to $67.6 billion. Net income declined to $8.9 billion from $10.8 billion previously, yielding a 13.1% margin. The company is acquiring mining software providers to enhance digital services. Both face distinct macroeconomic pressures, making valuation critical for investment decisions.
US stock markets rallied on Tuesday, driven by strong corporate earnings reports. The Nasdaq Composite led gains, rising 1.9%, whilst the Dow Jones Industrial Average climbed 1.5%, adding roughly 800 points. Caterpillar jumped 6% after reporting second-quarter results that surpassed analyst expectations. The construction equipment maker's power and energy solutions division saw sales surge 29% year-over-year, outpacing overall revenue growth of 17%. Palantir Technologies soared 27.1% following its quarterly report, as US commercial customers adopted its AI platform faster than anticipated. The gain made Palantir the second-largest contributor to the Nasdaq and S&P 500's morning rises. Semiconductor stocks broadly recovered from July's sell-off, with the iShares Semiconductor ETF gaining 6.3%.