"Shares of the company have climbed to record levels in recent weeks, pushing its market capitalization sharply higher-from $270 billion at the end of 2025 to approximately $364 billion as of Feb. 13, 2026. The stock, which has more than doubled over the past 12 months to an all-time high of $775, has vastly outperformed such tech behemoths as Apple (up 8%) and Microsoft (up about 1%) during that time period."
"Caterpillar CEO Joseph Creed first joined the company in 1997 and has served in various roles, including CFO for the energy and transportation segment and interim CFO. Creed was named Caterpillar's chief operating officer in 2023 and became CEO in May 2025.The company's strategy is "centered on three pillars for profitable growth: commercial excellence, being the advanced technology leader, and transforming how we work-all built upon a foundation of continued operational excellence," Creed said on a Jan. 29 earnings call."
Caterpillar has expanded beyond construction vehicles into energy and power systems, resource and mining equipment, and data-center related infrastructure. Shares rose from a market capitalization of $270 billion at the end of 2025 to about $364 billion as of Feb. 13, 2026, with the stock more than doubling to an all-time high of $775 over the past 12 months. The company outperformed major tech peers and ranked as the No. 1 Dow performer in the past year. Joseph Creed joined in 1997, served in finance and operations roles, became COO in 2023 and CEO in May 2025. Full-year sales reached a record $67.6 billion.
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