Caterpillar Research and Development Expenses 2010-2023 | CAT
Caterpillar annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Caterpillar research and development expenses for the quarter ending December 31, 2023 were $0.554B, a 38.15% increase year-over-year.
- Caterpillar research and development expenses for the twelve months ending December 31, 2023 were $2.108B, a 16.21% increase year-over-year.
- Caterpillar annual research and development expenses for 2023 were $2.108B, a 16.21% increase from 2022.
- Caterpillar annual research and development expenses for 2022 were $1.814B, a 7.59% increase from 2021.
- Caterpillar annual research and development expenses for 2021 were $1.686B, a 19.15% increase from 2020.
Caterpillar Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$2,108 |
| 2022 |
$1,814 |
| 2021 |
$1,686 |
| 2020 |
$1,415 |
| 2019 |
$1,693 |
| 2018 |
$1,850 |
| 2017 |
$1,842 |
| 2016 |
$1,853 |
| 2015 |
$2,119 |
| 2014 |
$2,380 |
| 2013 |
$2,046 |
| 2012 |
$2,466 |
| 2011 |
$2,297 |
| 2010 |
$1,905 |
| 2009 |
$1,421 |
Caterpillar Quarterly Research and Development Expenses
(Millions of US $) |
| 2023-12-31 |
$554 |
| 2023-09-30 |
$554 |
| 2023-06-30 |
$528 |
| 2023-03-31 |
$472 |
| 2022-12-31 |
$401 |
| 2022-09-30 |
$476 |
| 2022-06-30 |
$480 |
| 2022-03-31 |
$457 |
| 2021-12-31 |
$439 |
| 2021-09-30 |
$427 |
| 2021-06-30 |
$446 |
| 2021-03-31 |
$374 |
| 2020-12-31 |
$374 |
| 2020-09-30 |
$344 |
| 2020-06-30 |
$341 |
| 2020-03-31 |
$356 |
| 2019-12-31 |
$386 |
| 2019-09-30 |
$431 |
| 2019-06-30 |
$441 |
| 2019-03-31 |
$435 |
| 2018-12-31 |
$466 |
| 2018-09-30 |
$479 |
| 2018-06-30 |
$462 |
| 2018-03-31 |
$443 |
| 2017-12-31 |
$498 |
| 2017-09-30 |
$461 |
| 2017-06-30 |
$458 |
| 2017-03-31 |
$425 |
| 2016-12-31 |
$424 |
| 2016-09-30 |
$453 |
| 2016-06-30 |
$468 |
| 2016-03-31 |
$508 |
| 2015-12-31 |
$572 |
| 2015-09-30 |
$513 |
| 2015-06-30 |
$510 |
| 2015-03-31 |
$524 |
| 2014-12-31 |
$823 |
| 2014-09-30 |
$533 |
| 2014-06-30 |
$516 |
| 2014-03-31 |
$508 |
| 2013-12-31 |
$467 |
| 2013-09-30 |
$469 |
| 2013-06-30 |
$548 |
| 2013-03-31 |
$562 |
| 2012-12-31 |
$613 |
| 2012-09-30 |
$634 |
| 2012-06-30 |
$632 |
| 2012-03-31 |
$587 |
| 2011-12-31 |
$604 |
| 2011-09-30 |
$584 |
| 2011-06-30 |
$584 |
| 2011-03-31 |
$525 |
| 2010-12-31 |
$543 |
| 2010-09-30 |
$510 |
| 2010-06-30 |
$450 |
| 2010-03-31 |
$402 |
| 2009-12-31 |
$355 |
| 2009-09-30 |
$327 |
| 2009-06-30 |
$351 |
| 2009-03-31 |
$388 |
| Sector |
Industry |
Market Cap |
Revenue |
| Industrial Products |
Construction and Mining Machinery |
$174.435B |
$67.060B |
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Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, they've been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Their innovative products and services, backed by their global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments: Construction Industries, Resource Industries and Energy & Transportation. They provide financing and related services through their Financial Products segment.
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