CAT · News · 20260914N

Order Backlog and Book-to-Bill

CATERPILLAR INC · 2026-09-14 · Importance 64 · Surprise 42 · In source text

Caterpillar’s power-generation backlog was reported at approximately $72 billion. The backlog extends into 2029 and 2030, indicating multi-year commitments for power-generation equipment. The report characterized the backlog as evidence that demand remains substantial despite concerns about a potential slowdown in AI infrastructure development.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositivecommitted+297.9%Caterpillar has a $72 billion backlog for its power generation segment extending into 2029 and 2030.