CAT
Caterpillar Inc
NYSE: CAT · INDUSTRIALS · FARM & HEAVY CONSTRUCTION MACHINERY
$810.05
-0.96% today
Updated 2026-04-29
Market cap
$414.16B
P/E ratio
44.24
P/S ratio
6.13x
EPS (TTM)
$20.12
Dividend yield
—
52W range
$315 – $897
Volume
2.5M
Caterpillar Inc (CAT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $41.52B | $44.96B | $51.32B | $32.40B | $42.59B | $60.14B | $65.88B | $55.66B | $55.18B | $47.01B | $38.54B | $45.46B | $54.72B | $53.80B | $41.75B | $50.97B | $59.43B | $67.06B | $64.81B | $67.59B |
| Revenue growth (YoY) | — | +8.3% | +14.2% | -36.9% | +31.5% | +41.2% | +9.5% | -15.5% | -0.8% | -14.8% | -18.0% | +18.0% | +20.4% | -1.7% | -22.4% | +22.1% | +16.6% | +12.8% | -3.4% | +4.3% |
| Cost of revenue | $29.55B | $32.63B | $38.41B | $23.89B | $31.28B | $44.40B | $47.85B | $41.45B | $41.34B | $34.13B | $28.64B | $31.91B | $37.72B | $37.38B | $29.67B | $35.97B | $41.91B | $43.80B | $41.48B | $45.73B |
| Gross profit | $11.97B | $12.33B | $12.91B | $8.51B | $11.31B | $15.73B | $18.02B | $14.20B | $13.84B | $12.88B | $9.90B | $13.56B | $17.00B | $16.42B | $12.08B | $15.00B | $17.51B | $23.26B | $23.32B | $21.86B |
| Gross margin | 28.8% | 27.4% | 25.2% | 26.3% | 26.5% | 26.2% | 27.4% | 25.5% | 25.1% | 27.4% | 25.7% | 29.8% | 31.1% | 30.5% | 28.9% | 29.4% | 29.5% | 34.7% | 36.0% | 32.3% |
| R&D | $1.35B | $1.40B | $1.73B | $1.42B | $1.91B | $2.30B | $2.47B | $2.05B | $2.38B | $2.12B | $1.85B | $1.84B | $1.85B | $1.69B | $1.42B | $1.69B | $1.81B | $2.11B | $2.11B | $2.15B |
| SG&A | $3.71B | $3.82B | $4.40B | $3.65B | $4.25B | $5.20B | $5.92B | $5.55B | $5.70B | $5.20B | $4.69B | $5.18B | $5.48B | $5.16B | $4.64B | $5.37B | $5.65B | $6.37B | $6.67B | $6.99B |
| Operating income | $4.92B | $4.92B | $4.45B | $577.00M | $3.96B | $7.15B | $8.57B | $5.63B | $3.31B | $3.79B | $1.16B | $4.46B | $8.29B | $8.29B | $4.55B | $6.88B | $7.90B | $12.97B | $13.07B | $11.21B |
| Operating margin | 11.9% | 10.9% | 8.7% | 1.8% | 9.3% | 11.9% | 13.0% | 10.1% | 6.0% | 8.1% | 3.0% | 9.8% | 15.2% | 15.4% | 10.9% | 13.5% | 13.3% | 19.3% | 20.2% | 16.6% |
| EBITDA | $7.76B | $8.21B | $7.91B | $4.34B | $6.39B | $9.65B | $11.52B | $8.68B | $6.80B | $6.99B | $3.68B | $7.49B | $10.99B | $10.81B | $6.94B | $11.04B | $11.41B | $15.71B | $16.04B | $14.86B |
| EBITDA margin | 18.7% | 18.3% | 15.4% | 13.4% | 15.0% | 16.0% | 17.5% | 15.6% | 12.3% | 14.9% | 9.5% | 16.5% | 20.1% | 20.1% | 16.6% | 21.7% | 19.2% | 23.4% | 24.7% | 22.0% |
| EBIT | $6.16B | $6.41B | $5.93B | $2.00B | $4.09B | $7.12B | $8.70B | $5.59B | $3.64B | $3.95B | $644.00M | $4.61B | $8.23B | $8.23B | $4.51B | $8.69B | $9.20B | $13.56B | $13.88B | $12.59B |
| Interest expense | $274.00M | $288.00M | $274.00M | $389.00M | $343.00M | $385.00M | $467.00M | $465.00M | $479.00M | $501.00M | $499.00M | $522.00M | $401.00M | $417.00M | $510.00M | $485.00M | $443.00M | $511.00M | $512.00M | $1.03B |
| Income tax | $1.41B | $1.49B | $953.00M | $-270.00M | $968.00M | $1.72B | $2.53B | $1.32B | $692.00M | $916.00M | $192.00M | $3.34B | $1.70B | $1.75B | $1.01B | $1.74B | $2.07B | $2.78B | $2.63B | $2.77B |
| Effective tax rate | 28.4% | 29.5% | 21.1% | -43.2% | 26.4% | 25.9% | 30.8% | 25.8% | 22.0% | 26.7% | 153.6% | 81.6% | 21.6% | 22.3% | 25.1% | 21.2% | 23.6% | 21.2% | 19.6% | 23.8% |
| Net income | $3.54B | $3.54B | $3.56B | $895.00M | $2.70B | $4.93B | $5.68B | $3.79B | $2.45B | $2.51B | $-67.00M | $754.00M | $6.15B | $6.09B | $3.00B | $6.49B | $6.71B | $10.34B | $10.79B | $8.87B |
| Net income growth (YoY) | — | +0.1% | +0.5% | -74.8% | +201.7% | +82.5% | +15.3% | -33.3% | -35.3% | +2.4% | -102.7% | +1225.4% | +715.3% | -0.9% | -50.8% | +116.4% | +3.3% | +54.1% | +4.4% | -17.8% |
| Profit margin | 8.5% | 7.9% | 6.9% | 2.8% | 6.3% | 8.2% | 8.6% | 6.8% | 4.4% | 5.3% | -0.2% | 1.7% | 11.2% | 11.3% | 7.2% | 12.7% | 11.3% | 15.4% | 16.7% | 13.1% |