◆ TICKERBASE · US STOCK FINANCIAL DATA LIBRARY

Home › All stocks › CAT

Caterpillar Inc (CAT) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · Construction Machinery & Heavy Transportation Equipment · DATA UPDATED 2026-07-10

Caterpillar Inc (CAT) operates in the Construction Machinery & Heavy Transportation Equipment industry and is headquartered in Irving, United States with about 118,000 employees. Its market capitalization is roughly $409 billion. In the fiscal year ended 2025-12-31, CAT reported $67.6B in revenue and $8.9B in net income.

Caterpillar Inc. provides construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in the United States and internationally.

Interactive charts & full statements → Open the CAT valuation workbench →

CAT Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$70.8B	$67.6B	$64.8B	$67.1B	$59.4B	$51.0B	$41.7B	$53.8B	$54.7B	$45.5B	$38.5B	$47.0B	$55.2B	$55.7B	$65.9B	$60.1B	$42.6B	$32.4B	$51.3B	$45.0B	$41.5B
Gross Profit	$23.0B	$21.9B	$23.3B	$23.3B	$17.5B	$15.0B	$12.1B	$16.4B	$17.0B	$13.6B	$9.9B	$12.9B	$13.8B	$14.2B	$18.0B	$15.7B	$11.3B	$8.5B	$12.9B	$12.3B	$12.0B
Gross Margin %	32.5%	32.3%	36.0%	34.7%	29.5%	29.4%	28.9%	30.5%	31.1%	29.8%	25.7%	27.4%	25.1%	25.5%	27.4%	26.2%	26.6%	26.3%	25.1%	27.4%	28.8%
Operating Income (EBIT)	$11.7B	$11.2B	$13.1B	$13.0B	$7.9B	$6.9B	$4.6B	$8.3B	$8.3B	$4.5B	$1.2B	$3.8B	$3.3B	$5.6B	$8.6B	$7.2B	$4.0B	$577M	$4.4B	$4.9B	$4.9B
Operating Margin %	16.6%	16.6%	20.2%	19.3%	13.3%	13.5%	10.9%	15.4%	15.2%	9.8%	3.0%	8.1%	6.0%	10.1%	13.0%	11.9%	9.3%	1.8%	8.7%	10.9%	11.8%
Net Income	$9.4B	$8.9B	$10.8B	$10.3B	$6.7B	$6.5B	$3.0B	$6.1B	$6.1B	$754M	($67M)	$2.5B	$2.5B	$3.8B	$5.7B	$4.9B	$2.7B	$895M	$3.6B	$3.5B	$3.5B
Net Margin %	13.3%	13.1%	16.7%	15.4%	11.3%	12.7%	7.2%	11.3%	11.2%	1.7%	-0.2%	5.3%	4.4%	6.8%	8.6%	8.2%	6.3%	2.8%	6.9%	7.9%	8.5%
EBITDA	$15.9B	$14.9B	$16.0B	$15.7B	$11.4B	$11.0B	$6.9B	$10.8B	$11.0B	$7.5B	$3.7B	$7.0B	$6.8B	$8.7B	$11.5B	$9.6B	$6.4B	$4.3B	$7.9B	$8.2B	$7.8B
Earnings Per Share (EPS)	$20.08	$18.92	$22.05	$20.12	$12.64	$11.83	$5.46	$10.74	$10.26	$1.26	$-0.11	$4.18	$3.90	$5.75	$8.48	$7.40	$4.15	$1.43	$5.66	$5.37	$5.17
Shares Outstanding (M)	466M	469M	489M	514M	530M	548M	549M	568M	599M	599M	584M	601M	629M	659M	670M	666M	650M	626M	628M	660M	684M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CAT Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	$17.4B	$19.1B	$17.6B	$16.6B	$14.2B	$16.2B	$16.1B	$16.7B
Gross Profit	$6.1B	$5.5B	$6.0B	$5.5B	$5.0B	$5.6B	$5.7B	$6.2B
Gross Margin %	35.1%	28.6%	33.8%	33.0%	34.8%	34.3%	35.4%	37.3%
Operating Income (EBIT)	$3.1B	$2.7B	$3.1B	$2.9B	$2.6B	$2.9B	$3.1B	$3.5B
Operating Margin %	17.7%	13.9%	17.3%	17.6%	18.1%	18.0%	19.5%	20.9%
Net Income	$2.5B	$2.4B	$2.3B	$2.2B	$2.0B	$2.8B	$2.5B	$2.7B
Net Margin %	14.6%	12.6%	13.0%	13.2%	14.1%	17.2%	15.3%	16.1%
EBITDA	$4.3B	$4.1B	$4.1B	$3.5B	$3.2B	$3.9B	$3.8B	$4.2B
Earnings Per Share (EPS)	$5.47	$5.12	$4.86	$4.62	$4.20	$5.73	$5.06	$5.48
Shares Outstanding (M)	466M	469M	471M	472M	477M	487M	487M	490M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CAT Free Cash Flow History

Cash flow	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$12.3B	$11.7B	$12.0B	$12.9B	$7.8B	$7.2B	$6.3B	$6.9B	$6.6B	$5.7B	$5.6B	$6.7B	$8.1B	$10.2B	$5.2B	$7.0B	$5.0B	$6.5B	$4.7B	$8.0B	$5.8B
Capital Expenditures (CapEx)	$3.7B	$1.5B	$3.2B	$3.1B	$2.6B	$2.5B	$2.1B	$2.7B	$2.9B	$2.3B	$2.9B	$3.3B	$3.4B	$4.4B	$5.1B	$3.9B	$2.6B	$2.5B	$3.9B	$3.0B	$2.7B
Free Cash Flow (FCF)	$8.6B	$10.3B	$8.8B	$9.8B	$5.2B	$4.7B	$4.2B	$4.2B	$3.6B	$3.4B	$2.7B	$3.4B	$4.7B	$5.7B	$108M	$3.0B	$2.4B	$4.0B	$786M	$4.9B	$3.1B
FCF Margin %	12.2%	15.2%	13.6%	14.6%	8.7%	9.3%	10.1%	7.9%	6.7%	7.4%	7.0%	7.3%	8.5%	10.3%	0.2%	5.0%	5.7%	12.4%	1.5%	10.9%	7.5%
Dividends Paid	$2.8B	$2.7B	$2.6B	$2.6B	$2.4B	$2.3B	$2.2B	$2.1B	$2.0B	$1.8B	$1.8B	$1.8B	$1.6B	$1.1B	$1.6B	$1.2B	$1.1B	$1.0B	$953M	$845M	$726M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CAT Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Cash from Operations (CFO)	$1.9B	$3.6B	$3.7B	$3.1B	$1.3B	$3.4B	$3.6B	$3.0B
Capital Expenditures (CapEx)	$323M	$1.3B	$1.1B	$955M	$918M	$1.0B	$723M	$719M
Free Cash Flow (FCF)	$1.5B	$2.2B	$2.7B	$2.2B	$371M	$2.4B	$2.8B	$2.3B
FCF Margin %	8.9%	11.8%	15.1%	13.1%	2.6%	14.5%	17.7%	13.8%
Dividends Paid	$703M	$706M	$707M	$662M	$674M	$680M	$683M	$635M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CAT Balance Sheet History

Balance sheet	2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$95.5B	$98.6B	$87.8B	$87.5B	$81.9B	$82.8B	$78.3B	$78.5B	$78.5B	$77.0B	$74.7B	$78.3B	$84.7B	$84.9B	$89.0B	$81.2B	$64.0B	$60.0B	$67.8B	$56.1B	$51.4B
Cash & Cash Equivalents	$4.1B	$10.0B	$6.9B	$7.0B	$7.0B	$9.3B	$9.4B	$8.3B	$7.9B	$8.3B	$7.2B	$6.5B	$7.3B	$6.1B	$5.5B	$3.1B	$3.6B	$4.9B	$2.7B	$1.1B	$530M
Total Liabilities	$76.9B	$77.3B	$68.3B	$68.0B	$66.1B	$66.3B	$62.9B	$63.8B	$64.4B	$63.2B	$61.5B	$63.5B	$67.9B	$64.0B	$71.4B	$68.3B	$53.2B	$50.7B	$61.1B	$47.1B	$44.6B
Total Debt (Short + Long-Term)	$43.1B	$43.3B	$38.5B	$37.9B	$37.0B	$37.8B	$37.2B	$37.7B	$36.1B	$34.4B	$36.7B	$38.1B	$39.3B	$29.8B	$31.5B	$26.2B	$23.9B	$26.0B	$35.5B	$28.4B	$27.3B
Total Shareholders' Equity	$18.7B	$21.3B	$19.5B	$19.5B	$15.9B	$16.5B	$15.3B	$14.6B	$14.1B	$13.8B	$13.2B	$14.9B	$16.7B	$20.8B	$17.5B	$12.9B	$10.8B	$8.7B	$6.1B	$8.9B	$6.9B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive CAT viewer.

Other Companies in Construction Machinery & Heavy Transportation Equipment

CMI · Cummins — $92 billion
PCAR · Paccar — $70 billion
WAB · Wabtec — $51 billion

← CASY All stocks CATO →

About TickerBase · Data methodology & sources

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.