--- title: "Caterpillar Inc.: Competitors" description: "Caterpillar Inc. compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how peers are chosen." canonical: https://www.getswoopr.com/stocks/companies/caterpillar-inc/competitors/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Caterpillar Inc.: Competitors & Industry Structure ## Direct Answer SEC EDGAR classifies Caterpillar Inc. under SIC code 3531 (Construction Machinery & Equip). Among Swoopr's S&P 500 Equal Weight companies, 4 others share that classification; by latest reported revenue, Caterpillar Inc. ranks 1 of 5. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes. ## How Does Caterpillar Inc. Compare With Its Peers? | Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin | | --- | --- | --- | --- | --- | | **Caterpillar Inc. (CAT)** | $67.6 billion FY2025 | 4.3% | 16.5% | 13.1% | | [Manitowoc Company Inc. (The) (MTW)](https://www.getswoopr.com/stocks/companies/manitowoc-company-inc-the/) | $2.2 billion FY2025 | 2.9% | 2.4% | 0.3% | | [Columbus McKinnon Corporation (CMCO)](https://www.getswoopr.com/stocks/companies/columbus-mckinnon-corporation/) | $1.2 billion FY2026 | 23.9% | -10.0% | -19.2% | | [Douglas Dynamics Inc. (PLOW)](https://www.getswoopr.com/stocks/companies/douglas-dynamics-inc/) | $656 million FY2025 | 15.4% | 11.2% | 7.1% | | [Gencor Industries Inc. (GENC)](https://www.getswoopr.com/stocks/companies/gencor-industries-inc/) | $115 million FY2025 | 2.0% | 12.1% | 13.6% | Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care. ![Bar chart of operating margin for Caterpillar Inc. and 4 peers: Caterpillar Inc. (CAT) 16.5%, Manitowoc Company Inc. (The) (MTW) 2.4%, Columbus McKinnon Corporation (CMCO) -10.0%, Douglas Dynamics Inc. (PLOW) 11.2%, Gencor Industries Inc. (GENC) 12.1%.](https://www.getswoopr.com/images/charts/caterpillar-inc-competitors-peer-margins.webp) *Operating margin of Caterpillar Inc. against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.* ## How Does Caterpillar Inc. Rank Among All SEC Filers in Its Industry Code? 5 companies with annual reports in Swoopr's SEC dataset share SIC code 3531 (Construction Machinery & Equip), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars. | Measure | Caterpillar Inc. | Median of filers | Rank | | --- | --- | --- | --- | | Revenue | $67.6 billion | $1.2 billion | 1 of 5 | | Revenue growth | 4.3% | 4.3% | 3 of 5 | | Operating margin | 16.5% | 11.2% | 1 of 5 | | Net margin | 13.1% | 7.1% | 2 of 5 | A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality. ## Where These Numbers Come From Every figure on this page is a value Caterpillar Inc. reported in its own SEC filings, read from the SEC's XBRL data (accession 0000018230-26-000013 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### Who are Caterpillar Inc.'s competitors? Companies sharing Caterpillar Inc.'s SEC classification (SIC code 3531 (Construction Machinery & Equip)) include Manitowoc Company Inc. (The) (MTW), Columbus McKinnon Corporation (CMCO), Douglas Dynamics Inc. (PLOW), Gencor Industries Inc. (GENC). Its 10-K names the competitors it considers most relevant. ### How does Caterpillar Inc. compare with its peers on margins? Caterpillar Inc.'s fiscal 2025 operating margin was 16.5%, against a peer median of 6.8%. ### How are these peers chosen? By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict. ### How does Caterpillar Inc. rank among all companies in its SEC industry? Among 5 SEC filers under SIC code 3531, Caterpillar Inc. ranks 1 by latest revenue, and 1 of 5 by operating margin (16.5% against a median of 11.2%). ## References - [SEC EDGAR: CATERPILLAR INC Form 10-K filed February 13, 2026](https://www.sec.gov/Archives/edgar/data/18230/000001823026000008/cat-20251231.htm) - [SEC EDGAR: CATERPILLAR INC annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=18230&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Caterpillar Inc. company dossier](https://www.getswoopr.com/stocks/companies/caterpillar-inc/) - [Caterpillar Inc. financial metrics](https://www.getswoopr.com/stocks/companies/caterpillar-inc/metrics/) - [Caterpillar Inc. financial risk indicators](https://www.getswoopr.com/stocks/companies/caterpillar-inc/risks/) - [Caterpillar Inc. peer comparison](https://www.getswoopr.com/stocks/companies/caterpillar-inc/competitors/) - [Caterpillar Inc. business model and revenue mix](https://www.getswoopr.com/stocks/companies/caterpillar-inc/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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