A Decade of EBITDA: Caterpillar Inc. vs. Canadian National Railway

In the world of industrial giants, EBITDA serves as a crucial indicator of financial health. Over the past decade, Caterpillar Inc. and Canadian National Railway Company have showcased intriguing trends. From 2014 to 2023, Caterpillar's EBITDA surged by approximately 127%, peaking in 2023. This growth reflects Caterpillar's resilience and adaptability in a fluctuating global market. Meanwhile, Canadian National Railway experienced a steady 59% increase, highlighting its consistent performance in the North American rail industry.

Key Insights

• Caterpillar's Comeback: After a dip in 2016, Caterpillar rebounded strongly, with a notable 43% increase in EBITDA from 2020 to 2023.
• Railway Resilience: Canadian National Railway's EBITDA grew steadily, with a significant 19% rise from 2020 to 2022.

These trends underscore the dynamic nature of these industries, offering valuable insights for investors and industry enthusiasts alike.