Ranking of America's Leading Machinery Producers in 2022, Highlighted in a Slideshow on Our Site
The US 500 list for 2022 has highlighted the leading machinery manufacturers, showcasing their financial performance and growth. Here's a look at some of the key players in the industry:
Caterpillar Inc.
- Ranked 27th on the US 500 list, Caterpillar is the largest construction machinery manufacturer in the U.S., with a revenue of over $41 billion in 2023.
- Specific data on profit margin, net income, and growth rate for 2022 is not provided in the sources.
John Deere
- Ranked 35th, John Deere has a near $14.8 billion revenue in 2023.
- Detailed 2022 financial metrics like profit margin, net income, and revenue growth are not explicitly available from the sources.
Parker-Hannifin Corp.
- Ranked 102nd, Parker-Hannifin has annual revenues around $14.3 billion.
- The company has recently seen an adjusted earnings-per-share growth of 7% and organic sales growth of 1% in a recent quarter.
- Known for strong profit margins and steady dividend increases over many years.
Allison Transmission
- Ranked 232nd, Allison Transmission has shown strong financial highlights beginning in the 2022-2024 period, with record earnings and net sales driven by demand in heavy vehicles and defense equipment.
- The company has outperformed many peers in revenue growth and profitability consistently.
Deere & Company (similar to John Deere)
- Included in the top machinery manufacturers, with revenue figures consistent with John Deere.
Terex Corporation
- Included among leading construction machinery manufacturers, but specific 2022 financial figures are not detailed in the search results.
Oshkosh Corporation
- Listed among major machinery manufacturers, but no detailed 2022 financial metrics found in the search data.
Manitowoc
- Another major player in construction machinery, specific 2022 data is unavailable in the search results.
Astec Industries
- Listed as a relevant machinery manufacturer, financials for 2022 are unavailable.
Steel Dynamics
- While primarily a steel and aluminum company, Steel Dynamics has relevance in construction equipment.
- In 2024, the company had a revenue of roughly $17.5 billion.
- Revenue fell 7% in 2024 amid construction slowdown; tariff increases could improve future outlook.
The slideshow and accompanying table offer insights into the performance of machinery manufacturers in 2022's US 500, but a single, consolidated 2022 data table incorporating revenues, profit margins, net income, and revenue growth rates for all these machinery manufacturers is not available in the search results. Most revenue data is for 2023 or 2024, and profit margins/net incomes are given selectively or referenced indirectly.
- The US 500 list for 2022 shows that many machinery manufacturers, such as Caterpillar Inc., John Deere, Parker-Hannifin Corp., Allison Transmission, Deere & Company, Terex Corporation, Oshkosh Corporation, Manitowoc, Astec Industries, and Steel Dynamics, have strong financial performances within the industry.
- Despite the availability of revenue figures for some of these companies in 2023 or 2024, a comprehensive 2022 data table, incorporating revenues, profit margins, net income, and revenue growth rates for all these machinery manufacturers, is not found in the search results.
