Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
837.00
-44.65 (-5.06%)
Aug 18, 2026, 2:03 PM 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 | Jun '26 Jun 30, 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 |
Operating Revenue | 70,982 | 63,980 | 61,363 | 63,869 | 56,574 | 48,188 |
Other Revenue | 3,747 | 3,609 | 3,446 | 3,191 | 2,853 | 2,783 |
| 74,729 | 67,589 | 64,809 | 67,060 | 59,427 | 50,971 | |
Revenue Growth | 18.36% | 4.29% | -3.36% | 12.84% | 16.59% | 22.09% |
Cost of Revenue | 49,067 | 44,752 | 40,199 | 42,767 | 41,350 | 35,513 |
Gross Profit | 22,204 | 19,462 | 21,088 | 21,275 | 15,565 | 13,189 |
Selling, General & Admin | 6,271 | 5,800 | 5,716 | 5,619 | 4,110 | 3,433 |
Research & Development | 2,270 | 2,148 | 2,107 | 2,108 | 1,814 | 1,686 |
Other Operating Expenses | -274 | -250 | -298 | -120 | -115 | -204 |
Operating Expenses | 8,267 | 7,698 | 7,525 | 7,607 | 5,809 | 4,915 |
Operating Income | 13,937 | 11,764 | 13,563 | 13,668 | 9,756 | 8,274 |
Interest Expense | -529 | -502 | -512 | -511 | -443 | -488 |
Interest & Investment Income | 493 | 416 | 482 | 494 | 167 | 80 |
Earnings From Equity Investments | 192 | 109 | 44 | 63 | 19 | 31 |
Currency Exchange Gain (Loss) | 25 | -168 | 71 | -96 | 104 | 110 |
Other Non Operating Income (Expenses) | 297 | 158 | -29 | 155 | 234 | 124 |
EBT Excluding Unusual Items | 14,415 | 11,777 | 13,619 | 13,773 | 9,837 | 8,131 |
Merger & Restructuring Charges | -338 | -157 | -241 | -670 | -84 | -31 |
Impairment of Goodwill | - | - | - | - | -925 | - |
Gain (Loss) on Sale of Investments | 37 | 30 | 39 | 11 | -56 | 134 |
Other Unusual Items | - | - | - | -1 | -1 | 1 |
Pretax Income | 14,114 | 11,650 | 13,417 | 13,113 | 8,771 | 8,235 |
Income Tax Expense | 3,273 | 2,768 | 2,629 | 2,781 | 2,067 | 1,742 |
Earnings From Continuing Operations | 10,841 | 8,882 | 10,788 | 10,332 | 6,704 | 6,493 |
Minority Interest in Earnings | 3 | 2 | 4 | 3 | 1 | -4 |
Net Income | 10,844 | 8,884 | 10,792 | 10,335 | 6,705 | 6,489 |
Net Income to Common | 10,844 | 8,884 | 10,792 | 10,335 | 6,705 | 6,489 |
Net Income Growth | 14.91% | -17.68% | 4.42% | 54.14% | 3.33% | 116.44% |
Shares Outstanding (Basic) | 465 | 470 | 487 | 511 | 527 | 544 |
Shares Outstanding (Diluted) | 467 | 472 | 489 | 514 | 530 | 549 |
Shares Change | -2.67% | -3.49% | -4.71% | -3.17% | -3.30% | -0.02% |
EPS (Basic) | 23.33 | 18.90 | 22.17 | 20.24 | 12.73 | 11.93 |
EPS (Diluted) | 23.21 | 18.81 | 22.05 | 20.12 | 12.64 | 11.83 |
EPS Growth | 18.04% | -14.69% | 9.59% | 59.18% | 6.85% | 116.67% |
Free Cash Flow | 8,994 | 7,453 | 8,820 | 9,793 | 5,167 | 4,726 |
Free Cash Flow Per Share | 19.25 | 15.78 | 18.02 | 19.07 | 9.74 | 8.62 |
Dividend Per Share | 6.160 | 5.940 | 5.530 | 5.100 | 4.710 | 4.360 |
Dividend Growth | 7.32% | 7.41% | 8.43% | 8.28% | 8.03% | 5.83% |
Gross Margin | 29.71% | 28.79% | 32.54% | 31.72% | 26.19% | 25.87% |
Operating Margin | 18.65% | 17.41% | 20.93% | 20.38% | 16.42% | 16.23% |
Profit Margin | 14.51% | 13.14% | 16.65% | 15.41% | 11.28% | 12.73% |
Free Cash Flow Margin | 12.04% | 11.03% | 13.61% | 14.60% | 8.70% | 9.27% |
EBITDA | 16,251 | 13,961 | 15,716 | 15,812 | 11,975 | 10,626 |
EBITDA Margin | 21.75% | 20.66% | 24.25% | 23.58% | 20.15% | 20.85% |
D&A For EBITDA | 2,314 | 2,197 | 2,153 | 2,144 | 2,219 | 2,352 |
EBIT | 13,937 | 11,764 | 13,563 | 13,668 | 9,756 | 8,274 |
EBIT Margin | 18.65% | 17.41% | 20.93% | 20.38% | 16.42% | 16.23% |
Effective Tax Rate | 23.19% | 23.76% | 19.60% | 21.21% | 23.57% | 21.15% |
Revenue as Reported | 74,729 | 67,589 | 64,809 | 67,060 | 59,427 | 50,971 |