Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
795.55
-45.30 (-5.39%)
Jul 29, 2026, 10:49 AM EDT - Market open
Caterpillar Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 70,755 | 67,589 | 64,809 | 67,060 | 59,427 | 50,971 | |
Revenue Growth | 11.85% | 4.29% | -3.36% | 12.84% | 16.59% | 22.09% |
Cost of Revenue | 47,093 | 44,752 | 40,199 | 42,767 | 41,350 | 35,513 |
Gross Profit | 23,662 | 22,837 | 24,610 | 24,293 | 18,077 | 15,458 |
Selling, General & Admin | 7,208 | 6,985 | 6,667 | 6,371 | 5,651 | 5,365 |
Research & Development | 2,205 | 2,148 | 2,107 | 2,108 | 1,814 | 1,686 |
Other Operating Expenses | 2,592 | 2,553 | 2,764 | 2,848 | 2,708 | 1,529 |
Total Operating Expenses | 12,005 | 11,686 | 11,538 | 11,327 | 10,173 | 8,580 |
Operating Income | 11,657 | 11,151 | 13,072 | 12,966 | 7,904 | 6,878 |
Interest Expense | -520 | -502 | -512 | -511 | -443 | -488 |
Other Non-Operating Income (Expense) | 1,045 | 892 | 813 | 595 | 1,291 | 1,814 |
Total Non-Operating Income (Expense) | 525 | 390 | 301 | 84 | 848 | 1,326 |
Pretax Income | 12,182 | 11,541 | 13,373 | 13,050 | 8,752 | 8,204 |
Provision for Income Taxes | 2,864 | 2,768 | 2,629 | 2,781 | 2,067 | 1,742 |
Net Income | 9,318 | 8,773 | 10,744 | 10,269 | 6,685 | 6,462 |
Minority Interest in Earnings | -109 | -111 | -48 | -66 | -20 | -27 |
Net Income to Common | 9,430 | 8,884 | 10,792 | 10,335 | 6,705 | 6,489 |
Net Income Growth | -5.12% | -17.68% | 4.42% | 54.14% | 3.33% | 116.44% |
Shares Outstanding (Basic) | 467 | 470 | 487 | 511 | 527 | 544 |
Shares Outstanding (Diluted) | 469 | 472 | 489 | 514 | 530 | 549 |
Shares Change | -3.04% | -3.49% | -4.71% | -3.17% | -3.30% | -0.02% |
EPS (Basic) | 20.20 | 18.90 | 22.17 | 20.24 | 12.72 | 11.93 |
EPS (Diluted) | 20.09 | 18.81 | 22.05 | 20.12 | 12.64 | 11.83 |
EPS Growth | -2.10% | -14.69% | 9.59% | 59.18% | 6.85% | 116.67% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 7,901 | 7,453 | 8,820 | 9,793 | 5,167 | 4,726 |
Free Cash Flow Growth | 0.33% | -15.50% | -9.94% | 89.53% | 9.33% | 12.20% |
Free Cash Flow Per Share | 16.84 | 15.78 | 18.02 | 19.07 | 9.74 | 8.62 |
Dividends Per Share | 6.040 | 5.940 | 5.530 | 5.100 | 4.710 | 4.360 |
Dividend Growth | 7.09% | 7.41% | 8.43% | 8.28% | 8.03% | 5.83% |
Gross Margin | 33.44% | 33.79% | 37.97% | 36.23% | 30.42% | 30.33% |
Operating Margin | 16.48% | 16.50% | 20.17% | 19.33% | 13.30% | 13.49% |
Profit Margin | 13.17% | 12.98% | 16.58% | 15.31% | 11.25% | 12.68% |
FCF Margin | 11.17% | 11.03% | 13.61% | 14.60% | 8.69% | 9.27% |
EBITDA | 13,974 | 13,413 | 15,225 | 15,110 | 10,123 | 9,230 |
EBITDA Margin | 19.75% | 19.84% | 23.49% | 22.53% | 17.03% | 18.11% |
EBIT | 11,657 | 11,151 | 13,072 | 12,966 | 7,904 | 6,878 |
EBIT Margin | 16.48% | 16.50% | 20.17% | 19.33% | 13.30% | 13.49% |
Effective Tax Rate | 23.51% | 23.98% | 19.66% | 21.31% | 23.62% | 21.23% |