The Largest Industrials Companies by Market Cap in August 2026

Caterpillar, GE Aerospace, and GE Vernova are the largest industrials companies by market cap

By Lyle Daly – Updated Jul 7, 2026 at 5:21 PM EST | Fact-checked by Parker Hicks

Key Points

Caterpillar leads in industrials sector value, followed by GE Aerospace.
Aerospace and defense firms dominate the top industrial rankings.
Electrical equipment companies like GE Vernova also feature prominently.

Caterpillar (CAT +1.87%) is the largest industrials company by market cap, followed by GE Aerospace (GE +2.46%) and GE Vernova (GEV +1.66%). Aerospace and defense companies are well represented at the top of the industrials sector. The top 10 also includes electrical equipment companies.

Loading paragraph...

A row of huge industrial turbines in a building. — Image source: Getty Images.

Loading image...

Largest companies by market cap in the industrials sector

(Editor's note: Rankings are as of July 2, 2026.)

Ticker Information Table
Name and ticker	Market capMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.	Current price	Industry
Caterpillar (NYSE:CAT)	$375.3 billion	$830.03	Machinery
GE Aerospace (NYSE:GE)	$373.6 billion	$368.93	Aerospace and Defense
GE Vernova (NYSE:GEV)	$263.7 billion	$1,006.76	Electrical Equipment
RTX (NYSE:RTX)	$290.1 billion	$216.65	Aerospace and Defense
Siemens Aktiengesellschaft (OTC:SIEGY)	$248.3 billion	$164.85	Industrial Conglomerates
Boeing (NYSE:BA)	$170.8 billion	$233.49	Aerospace and Defense
Schneider Electric S.e. (OTC:SBGSF)	$189.7 billion	$332.30	Electrical Equipment
Deere & Company (NYSE:DE)	$160.0 billion	$605.06	Machinery
Union Pacific (NYSE:UNP)	$173.5 billion	$291.23	Road and Rail
Eaton Plc (NYSE:ETN)	$161.2 billion	$438.23	Electrical Equipment

Data as of Aug 4, 2026. Showing 10 of 10 total entries.

Loading ticker_table...

1. Caterpillar

Market cap: $443.79 billion (as of July 2)
Revenue (TTM): $70.8 billion
Gross profit (TTM): $22.3 billion
Five-year annualized return: 34.64%
Year founded: 1925

Loading paragraph...

NYSE: CAT

Caterpillar

Today's Change

(1.87%) $15.22

Current Price

$830.03

Key Data Points

Market Cap

$375B

Day's Range

$804.57 - $835.34

52wk Range

$405.46 - $1073.46

Volume

3.3M

Avg Vol

3.2M

Gross Margin

31.90%

Dividend Yield

0.76%

Loading company_card...

Caterpillar is a heavy-equipment company that manufactures construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Through its global dealer network, Caterpillar does business on every continent. It has also licensed its brand name for a line of clothing and boots, and it provides financing services through Cat Financial.

Loading paragraph...

2. GE Aerospace

Market cap: $394.44 billion (as of July 2)
Revenue (TTM): $48.3 billion
Gross profit (TTM): $15.1 billion
Five-year annualized return: 41.52%
Year founded: 1917 (General Electric), 2024 (GE Aerospace)

Loading paragraph...

NYSE: GE

GE Aerospace

Today's Change

(2.46%) $8.86

Current Price

$368.93

Key Data Points

Market Cap

$374B

Day's Range

$360.96 - $369.95

52wk Range

$263.80 - $382.97

Volume

3.4M

Avg Vol

4.8M

Gross Margin

35.23%

Dividend Yield

0.46%

Loading company_card...

General Electric used to have several divisions, but in 2024, it completed a split into three companies: GE Aerospace, GE Vernova, and GE HealthCare Technologies (GEHC +2.51%).

The legal successor is GE Aerospace, one of the top aerospace companies. It manufactures jet engines and other aerospace technology and provides maintenance, repair, and overhaul services for aerospace equipment.

3. GE Vernova

Market cap: $299.12 billion (as of July 2)
Revenue (TTM): $39.4 billion
Gross profit (TTM): $7.9 billion
Year founded: 1917 (General Electric), 2024 (GE Vernova)

Loading paragraph...

NYSE: GEV

GE Vernova

Today's Change

(1.66%) $16.47

Current Price

$1,006.76

Key Data Points

Market Cap

$264B

Day's Range

$958.57 - $1012.74

52wk Range

$530.16 - $1195.94

Volume

Avg Vol

2.9M

Gross Margin

20.16%

Dividend Yield

0.18%

Loading company_card...

GE Vernova is an electrical equipment company, and about 25% of the world's electricity is generated by its customers and the use of its technology. With a heavy focus on decarbonization, GE Vernova has installed approximately 59,000 wind turbines, the largest onshore wind turbine fleet in the U.S.

Artificial intelligence (AI) has been a major tailwind for this company recently. The power demands of AI data centers have led to a significant backlog for GE Vernova.

Loading paragraph...

4. RTX

Market cap: $268.33 billion (as of July 2)
Revenue (TTM): $90.4 billion
Gross profit (TTM): $18.3 billion
Five-year annualized return: 18.11%
Year founded: 1922 (Raytheon Company), 1934 (United Aircraft Corporation), 2020 (Raytheon Technologies Corporation), 2023 (RTX Corporation)

Loading paragraph...

NYSE: RTX

RTX

Today's Change

(0.66%) $1.43

Current Price

$216.65

Key Data Points

Market Cap

$290B

Day's Range

$214.42 - $218.13

52wk Range

$150.61 - $221.34

Volume

3.8M

Avg Vol

5.4M

Gross Margin

20.35%

Dividend Yield

1.29%

Loading company_card...

RTX is the aerospace and defense company formed by the 2020 merger of United Technologies and Raytheon. It has three business segments: Pratt & Whitney, Collins Aerospace, and Raytheon. This company manufactures aircraft engines for commercial and military use. It also supplies flight systems, communications solutions, space operations support, and defense systems.

In June 2025, the U.S. Navy awarded RTX a $1.1 billion contract to produce AIM-9X Block II missiles, the largest contract awarded for the missile program. The U.S. Department of Defense has also awarded the company a $50 billion umbrella contract in a 20-year agreement to support the Patriot missile defense system, as well as a $5 billion contract for its Coyote missile system.

Loading paragraph...

5. Siemens AG

Market cap: $243.25 billion (as of July 2)
Revenue (TTM): $91.2 billion*
Gross profit (TTM): $35.4 billion*
Five-year annualized return: 14.72%
Year founded: 1847 (Siemens & Halske), 1966 (merger of Siemens & Halske, Siemens-Schuckert, and Siemens-Reiniger-Werke)

*Converted from euros.

Loading paragraph...

OTC: SIEGY

Siemens Aktiengesellschaft

Today's Change

(1.20%) $1.95

Current Price

$164.85

Key Data Points

Market Cap

$248B

Day's Range

$161.81 - $165.03

52wk Range

$115.56 - $165.03

Volume

153.4K

Avg Vol

172.1K

Gross Margin

38.84%

Dividend Yield

1.94%

Loading company_card...

Started by a German electrical engineer, Siemens AG (SIEGY +1.20%) is now the largest engineering company in Europe. It offers a wide range of products and services across technology, industrial automation, energy, and healthcare.

Siemens has made AI a focus in recent years. It has partnered with Capgemini (CGEMY +3.74%) to develop AI-native digital solutions for industrial operations and acquired Canopus AI to bring AI-driven metrology tools to semiconductor production.

Loading paragraph...

6. Boeing

Market cap: $178.54 billion (as of July 2)
Revenue (TTM): $92.2 billion
Gross profit (TTM): $4.4 billion
Five-year annualized return: -0.88%
Year founded: 1916 (Pacific Aero Products Company), 1917 (Boeing Airplane Company)

Loading paragraph...

NYSE: BA

Boeing

Today's Change

(8.03%) $17.35

Current Price

$233.49

Key Data Points

Market Cap

$171B

Day's Range

$219.21 - $234.09

52wk Range

$176.77 - $254.35

Volume

11M

Avg Vol

6.4M

Gross Margin

4.71%

Loading company_card...

Boeing (BA +8.03%) manufactures commercial aircraft and provides aerospace services, including training and technical support. It's also one of the largest defense and space companies, providing military aircraft, weapons systems, and satellites.

Boeing has faced several high-profile issues in recent years, including two crashes involving the Boeing 737 MAX (in 2018 and 2019) and multiple worker strikes. On a positive note, Boeing secured a $2.8 billion contract in July 2025 to build two nuclear command, control, and communications (NC3) satellites for the U.S. Department of Defense. It also announced its largest-ever landing gear exchange at the Singapore Airshow in February 2026.

Loading paragraph...

7. Schneider Electric

Market cap: $176.95 billion (as of July 2)
Revenue (TTM): $45.9 billion*
Gross profit (TTM): $19.3 billion*
Five-year annualized return: 14.45%
Year founded: 1836

Converted from euros.

Loading paragraph...

OTC: SBGSF

Schneider Electric S.e.

Today's Change

(-1.24%) $-4.15

Current Price

$332.30

Key Data Points

Market Cap

$190B

Day's Range

$325.56 - $338.75

52wk Range

$242.77 - $346.56

Volume

3.4K

Avg Vol

1.6K

Gross Margin

42.65%

Dividend Yield

1.46%

Loading company_card...

French company Schneider Electric (SBGSF -1.24%) provides energy management and digital automation solutions. It's responsible for many major innovations, including France's first steam locomotives.

Schneider Electric operates in more than 100 countries. The company is planning to invest $1 billion in U.S. energy and AI infrastructure.

Loading paragraph...

8. Deere & Company

Market cap: $167.70 billion (as of July 2)
Revenue (TTM): $46.3 billion
Gross profit (TTM): $16.0 billion
Five-year annualized return: 12.00%
Year founded: 1837

Loading paragraph...

NYSE: DE

Deere & Company

Today's Change

(2.09%) $12.39

Current Price

$605.06

Key Data Points

Market Cap

$160B

Day's Range

$600.55 - $616.23

52wk Range

$433.00 - $674.19

Volume

1.1M

Avg Vol

1.3M

Gross Margin

36.85%

Dividend Yield

1.09%

Loading company_card...

Deere & Company (DE +2.09%), more commonly known as John Deere, manufactures agricultural, construction, and forestry machinery. It also offers financial services for its customers. Through John Deere Financial, customers can finance and lease equipment.

The company announced a major U.S. expansion in January 2026. Deere & Company is building a new distribution center in Indiana and a new excavator factory in North Carolina.

Loading paragraph...

9. Union Pacific

Market cap: $167.58 billion (as of July 2)
Revenue (TTM): $24.7 billion
Gross profit (TTM): $11.3 billion
Five-year annualized return: 4.66%
Year founded: 1969

Loading paragraph...

NYSE: UNP

Union Pacific

Today's Change

(-0.31%) $-0.90

Current Price

$291.23

Key Data Points

Market Cap

$174B

Day's Range

$288.95 - $293.97

52wk Range

$210.84 - $315.99

Volume

2.3M

Avg Vol

Gross Margin

45.47%

Dividend Yield

1.89%

Loading company_card...

Union Pacific (UNP -0.31%) is the largest U.S. railroad operator. This holding company has acquired numerous railroads and folded them into its sole subsidiary, Union Pacific Railroad. It now spans 23 states and more than 32,000 miles, transporting bulk, industrial, and premium freight.

Loading paragraph...

10. Eaton Corporation

Market cap: $154.75 billion (as of July 2)
Revenue (TTM): $28.5 billion
Gross profit (TTM): $10.5 billion
Five-year annualized return: 21.36%
Year founded: 1911 (Torbensen Gear and Axle Co.), 1971 (Eaton Corporation)

Loading paragraph...

NYSE: ETN

Eaton Plc

Today's Change

(5.55%) $23.03

Current Price

$438.23

Key Data Points

Market Cap

$161B

Day's Range

$410.15 - $438.76

52wk Range

$311.92 - $438.76

Volume

3.6M

Avg Vol

2.6M

Gross Margin

35.90%

Dividend Yield

1.03%

Loading company_card...

Eaton Corporation (ETN +5.55%) is a power management company that provides energy-efficient solutions across multiple business segments. It manufactures electrical components, hydraulic components, and aerospace technologies.

This is another company benefiting from AI energy demands. In April, it announced plans to invest more than $30 million and open a new manufacturing facility for switchgears in Omaha, Neb.

Loading paragraph...

Defense and aerospace drive industrial market cap in 2026

Industrial companies are cyclical businesses that generally do well when the economy is strong, but are often hit hard during downturns. Some industrial companies are less vulnerable than others, though.

Defense contractors with government contracts and aerospace companies are often better equipped to handle periods of economic uncertainty. Not coincidentally, they make up a sizable portion of the biggest industrial companies.

The Trump administration's import tariffs also pose a potential problem for industrial companies, though their status often changes. Still, considering how essential top industrial companies are to the economy, it makes sense to have some in an investment portfolio.

Loading paragraph...

The Largest Industrials Companies by Market Cap in August 2026

Caterpillar, GE Aerospace, and GE Vernova are the largest industrials companies by market cap

Key Points

Largest companies by market cap in the industrials sector

1. Caterpillar

Key Data Points

2. GE Aerospace

Key Data Points

3. GE Vernova

Key Data Points

4. RTX

Key Data Points

5. Siemens AG

Key Data Points

6. Boeing

Key Data Points

7. Schneider Electric

Key Data Points

8. Deere & Company

Key Data Points

9. Union Pacific

Key Data Points

10. Eaton Corporation

Key Data Points

Defense and aerospace drive industrial market cap in 2026

Related investing topics

Best Industrial ETFs for 2026 and How to Invest

Best Industrial REITs for 2026 and How to Invest

Best Construction Stocks to Buy in 2026 and How to Invest

How to Buy GE Vernova Stock (GEV)

The largest companies by sector

About the Author

Read Next

Stocks Mentioned

Motley Fool Stock Advisor’s Latest Pick

Premium Investing Services

1. Caterpillar

Key Data Points

2. GE Aerospace

Key Data Points

3. GE Vernova

Key Data Points

4. RTX

Key Data Points

5. Siemens AG

Key Data Points

6. Boeing

Key Data Points

7. Schneider Electric

Key Data Points

8. Deere & Company

Key Data Points

9. Union Pacific

Key Data Points

10. Eaton Corporation

Key Data Points

Defense and aerospace drive industrial market cap in 2026

Best Industrial ETFs for 2026 and How to Invest

Best Industrial REITs for 2026 and How to Invest

Best Construction Stocks to Buy in 2026 and How to Invest

How to Buy GE Vernova Stock (GEV)

The largest companies by sector