A $72 Billion Reason to Buy Caterpillar Stock Now Caterpillar's record order backlog of $72 billion is a testament to its ability to navigate shifting market conditions and capitalize on emerging trends.
The company's order backlog has grown 92% from this time last year, surpassing the previous quarter by $9 billion.
This growth story is not an anomaly; it reflects the perfect storm of demand, pricing power, and production capacity that Caterpillar has cultivated over time.