Market Pulse

Deere Reports 26% Drop in Q3 Profit; Construction Equipment Sales Slide

Ongoing tariff wars and an increasingly competitive North American construction equipment market continue to hit revenue and profit.

August 19, 2025

The John Deere 320 P-Tier, part of the company's new generation of backhoes.

Ritchie Bros. Parent Reports Declining Construction Equipment Sales as Buyers Hold Back

Commercial construction equipment buyers are taking a "wait-and-see" approach, RB Global says.

August 14, 2025

Sold commercial construction and transportation lots were down 18% year-over-year in the second quarter.

Sponsor Content

How to Identify Damaged OTR Tires

Maxam Tire North America

To maximize your uptime, MAXAM Tire provides you with the ultimate guide on identifying damaged OTR tires. From punctures to heat separation, we leave no stone, or tire rather, unturned.

February 1, 2025

How to Identify Damaged OTR Tires

Tariff Uncertainty Tops Equipment Dealers’ Concerns in 2025 EquipmentWatch Report

Most responding dealers describe their 2025 equipment market outlook as “concerned” or “very concerned.”

August 14, 2025

Tariff uncertainty was the single biggest economic disruptor for dealers in 2025, cited by 70% of respondents.

Kubota Reports Revenue Decline But Hopes New CTLs Will Boost Market Share

Construction equipment revenue for the first six months of the year was down 21%, but the company plans to stem the tide with updated CTLs.

August 13, 2025

Kubota's smallest compact track loader, the SVL50x, was launched in October.

Mixed Q2 Results for Top Contractors: Fluor, Tutor Perini, Granite, Skanska

After a strong first quarter, two of the four publicly traded companies reported total revenue increases in the second quarter.

August 12, 2025

Two of the four publicly traded companies reported total revenue increases in the second quarter.

Caterpillar Construction Equipment Sales Drop 7% in Q2 Amid Higher Tariffs

The company expects new, higher tariffs to cost it $1.3 billion to $1.5 billion in 2025.

August 8, 2025

Despite the decline, Caterpillar expects third-quarter sales and revenue to grow modestly year-over-year.

Contractors Busy, Mostly Optimistic Despite Rising Costs and Tariffs

Contractors we heard from and recent reports indicate steady going for construction, but some also forecast revenue declines.

August 7, 2025

Negative forecasts were driven by factors including general uncertainty in the market and rising costs.

CNH Industrial Reports More Declines in Construction Net Sales, Profits

Construction net sales in the quarter came in at $773 million, down 13%.

August 5, 2025

The Case CX380E, seen here, is one of the latest releases from CNH's construction division.

Komatsu Maintains 2025 Outlook Despite Q1 Revenue and Profit Decline

Total revenue in the quarter came in at $6.3 billion, down 5.2% compared to last year.

August 4, 2025

Komatsu still forecasts a 8.8% decline in full year 2025 revenue to just over $26 billion.

Top Equipment Rental Companies Post Continued Rental Revenue Growth

United Rentals, Sunbelt parent Ashtead Group, and Herc Rentals continue to see a rise in revenue from equipment rentals.

August 1, 2025

United Rentals, Sunbelt parent Ashtead Group and Herc Rentals continue to see a rise in revenue from equipment rentals.

Volvo CE Reports More Declines in North American Net Sales, Deliveries

North American net sales fell 24.3% to $554 million in the second quarter.

July 23, 2025

Volvo's second-quarter deliveries of construction equipment in North America were down 15%.

Quick Data: Top-Selling Compact Track Loaders and Sales Trends for 2024 - 2025

Find out the most popular models of new and used financed machines, and which models are fetching the most at auction.

June 25, 2025

Yanmar CE NA President Charts Bold Vision for Growth – And it Starts in the Field

With a full line of compact equipment and a new customer-centric strategy, Sgro expects North America to contribute 38% of Yanmar CE’s global sales and $2 billion in revenue by 2030.

June 20, 2025

Anna Christine Sgro, president of Yanmar Compact Equipment North America, addresses the media during a private event at the company's Evo Center in Acworth, Georgia.

Yellow Table: 10 Largest Construction Equipment Manufacturers of 2024

See which OEMs made the list – and which fell off as sales declined in 2024.

June 19, 2025

Cat 745 Articulated Dump Truck

New Holland Construction's New Head Aims for 100% Sales Growth, 30% More Locations by 2030

New Holland Construction has a new leader with big plans for the the dealer network.

June 3, 2025

Digital retailing will play a role in Weisbaum's plans to grow the New Holland dealer network.

Kubota Reports Q1 Construction Equipment Revenue Down 23%

A drop in North American construction equipment sales was caused by last year’s inventory replenishment, the company says.

May 29, 2025

For 2025, Kubota forecasts total revenue to rise 1.1% to $21.1 billion

Case, New Holland Dealer Titan Machinery Reports Q1 Revenue Drop

Revenue from equipment sales, parts and service were all down for the world's largest Case and New Holland dealer in the first quarter.

May 27, 2025

Net loss in the quarter was $13.2 million, compared to a net profit of $9.4 million in the previous first quarter.

Deere Reports Another Net Sales & Net Profit Drop for Second Quarter

Net income in the quarter fell 24% to $1.8 billion vs. $2.4 billion last year.

May 23, 2025

Construction & forestry sales for the full fiscal year 2025 are forecast down 10% to 15%.

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Scl1000 Test Run Thumb

“A Handy, Light Machine” – Test Run of Kubota’s SCL1000 Stand-On Mini Loader

The company's sole stand-on loader delivers smooth controls, low ground pressure and versatile attachment use. Watch our full review.

In 1954, Bolinder-Munktell, owned by Volvo, introduced the H-10, an ordinary tractor turned around with the loader bucket over the bigger wheels. Volvo marks it as its first wheel loader, a product that's come a long way and continues to evolve.

70 Years Later, Wheel Loaders Keep Getting Better: Buyer’s Guide 2025

Cat's 140 Lever Motor Grader made its debut at the 2025 Public Works Expo in Chicago. The next-generation model will be available to U.S. customers in 2026.

Cat Launches 140 Lever Motor Grader with New Cab, Loads of Added Tech

Asv Vt100 Posi Track Undercarriage

A Closer Look: ASV’s VT-100 Goes Where Other Compact Track Loaders Can’t

Think like a thief to protect your fleet. Watch our on-demand webinar.

Think like a thief to protect your fleet. Watch our on-demand webinar.

How upgrading excavator machine control boosts your productivity