(NYSE: CAT) Caterpillar's forecast annual revenue growth rate of 7.68% is not forecast to beat the US Industrials industry's average forecast revenue growth rate of 7.7%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.48%.
Caterpillar's revenue in 2020 is $43,657,000,000.On average, 8 Wall Street analysts forecast CAT's revenue for 2021 to be $24,634,383,352,419, with the lowest CAT revenue forecast at $22,463,734,210,788, and the highest CAT revenue forecast at $25,397,719,720,387. On average, 6 Wall Street analysts forecast CAT's revenue for 2022 to be $26,784,482,861,035, with the lowest CAT revenue forecast at $24,207,423,287,748, and the highest CAT revenue forecast at $28,208,160,504,900.
In 2023, CAT is forecast to generate $29,886,170,249,379 in revenue, with the lowest revenue forecast at $29,022,889,637,382 and the highest revenue forecast at $30,749,450,861,375.