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Caterpillar10-K: Pricing pressure

Resource Industries faces global competition from Deere, Komatsu, Volvo and others.

What happened

Caterpillar's Resource Industries segment is in a direct competitive battle with a defined set of global players for mining and heavy construction customers, creating pressure on pricing and market share. This makes them receptive to solutions that can provide a competitive edge in productivity and total cost of ownership.

Source

SEC EDGARFeb 13, 2026

Annual report (Form 10-K)

Caterpillar 10-K for FY2025

Filing excerpt

The competitive environment for Resource Industries consists of a few larger global competitors that compete in several of the markets that we serve and a substantial number of smaller companies that compete in a more limited range of products, applications, and regional markets.

sec.gov/Archives/edgar/data/18230/000001823026000008/cat-20251231.htmRead the full source

Other signals in this filing (6)

Extracted by Autobound

From the Signal API record
Signal
10-K: Pricing pressure

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 13, 2026

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The full record

From the Signal API record

Details

CIK
18230
Accession number
0000018230-26-000008
Filing year
2026
Why it matters
Cost optimization needed
Signal category
Market

Topics and mentions

Competitors

  • Deere Construction & Forestry
  • Deere & Company
  • Epiroc AB
  • Hitachi Construction Machinery Co.
  • Ltd.
  • Komatsu Ltd.
  • Liebherr-International AG
  • Sandvik AB
  • Volvo Construction Equipment

Competitors named

  • Deere Construction & Forestry
  • Deere & Company
  • Epiroc AB
  • Hitachi Construction Machinery Co., Ltd.
  • Komatsu Ltd.
  • Liebherr-International AG
  • Sandvik AB
  • Volvo Construction Equipment

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Feb 17, 2026
signal_type
sec-10k
signal_subtype
pricingPressure

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/c5a581e6-997c-4507-878d-ba096b6d1275 returns this record as JSON. POST /v1/companies/enrich returns every signal for caterpillar.com.

{
  "signal_id": "c5a581e6-997c-4507-878d-ba096b6d1275",
  "signal_type": "sec-10k",
  "signal_subtype": "pricingPressure",
  "detected_at": "2026-02-17T06:28:58.238+00:00",
  "company": {
    "name": "Caterpillar",
    "domain": "caterpillar.com"
  },
  "data": {
    "detail": "Caterpillar's Resource Industries segment is in a direct competitive battle with a defined set of global players for mining and heavy construction customers, creating pressure on pricing and market share. This makes them receptive to solutions that can provide a competitive edge in productivity and total cost of ownership.",
    "summary": "Resource Industries faces global competition from Deere, Komatsu, Volvo and others.",
    "excerpts": "The competitive environment for Resource Industries consists of a few larger global competitors that compete in several of the markets that we serve and a substantial number of smaller companies that compete in a more limited range of products, applications, and regional markets.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/18230/000001823026000008/cat-20251231.htm",
    "filing_date": "2026-02-13",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Cost optimization needed",
    "signal_category": "market",
    "competitors_mentioned": [
      "Deere Construction & Forestry",
      "Deere & Company",
      "Epiroc AB",
      "Hitachi Construction Machinery Co., Ltd.",
      "Komatsu Ltd.",
      "Liebherr-International AG",
      "Sandvik AB",
      "Volvo Construction Equipment"
    ]
  }
}

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