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Market Pulse: Page 6

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.
Market Pulse
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.
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July 31, 2026
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Dealers
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.
Market Pulse
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.
Business
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.
Market Pulse
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.
Market Pulse
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.
Market Pulse
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.
Market Pulse
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.
Market Pulse
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.
Business
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%.
Market Pulse
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
Kubota Svl75 3
Business
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.
Market Pulse
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
Market Pulse
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.
Market Pulse
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
Dealers
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.
Market Pulse
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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