Caterpillar Inc. (CAT)

Caterpillar Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	385,014	266,549	173,592	147,651	123,685	110,789
Market Cap Growth	97.31%	53.55%	17.57%	19.38%	11.64%	11.62%
Enterprise Value	424,215	299,899	205,115	178,560	153,696	139,356
Last Close Price	837.58	572.87	362.76	295.67	239.56	206.74

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	36.09	30.46	16.45	14.70	18.95	17.48
Forward PE	29.19	27.73	17.06	14.51	15.83	17.95
PEG Ratio	1.61	3.63	2.39	1.02	0.93	0.67
PS Ratio	5.15	3.94	2.68	2.20	2.08	2.17
PB Ratio	19.85	12.50	8.91	7.57	7.79	6.72
P/TBV Ratio	29.82	17.17	12.82	11.15	12.94	12.44
P/FCF Ratio	42.81	35.76	19.68	15.08	23.94	23.44
P/OCF Ratio	28.37	22.71	14.42	11.46	15.93	15.39

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	5.68	4.44	3.16	2.66	2.59	2.73
EV/EBITDA Ratio	27.42	22.36	13.47	11.82	15.18	15.10
EV/EBIT Ratio	32.40	26.89	15.69	13.77	19.45	20.26
EV/FCF Ratio	47.17	40.24	23.26	18.23	29.75	29.49

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	1.91	1.70	1.63	1.49	1.99	1.90
Debt / EBITDA Ratio	2.92	3.23	2.52	2.51	3.65	4.09
Debt / FCF Ratio	5.02	5.81	4.36	3.87	7.16	8.00
Net Debt / Equity Ratio	1.98	1.56	1.62	1.59	1.89	1.73
Net Debt / EBITDA Ratio	2.48	2.49	2.07	2.05	2.96	3.09
Net Debt / FCF Ratio	4.27	4.47	3.57	3.16	5.80	6.04
Asset Turnover	0.74	0.73	0.74	0.79	0.72	0.63
Inventory Turnover	2.53	2.56	2.41	2.60	2.73	2.79
Quick Ratio	0.77	0.86	0.80	0.74	0.79	0.89
Current Ratio	1.37	1.44	1.42	1.35	1.39	1.46
Return on Equity (ROE)	52.31%	42.99%	55.10%	58.03%	41.26%	40.52%
Return on Assets (ROA)	9.95%	9.10%	11.99%	12.04%	7.33%	6.73%
Return on Invested Capital (ROIC)	17.34%	16.04%	20.71%	21.19%	13.28%	12.28%
Return on Capital Employed (ROCE)	20.97%	18.98%	24.15%	25.14%	15.29%	13.03%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	2.82%	3.28%	6.08%	6.80%	5.28%	5.72%
FCF Yield	2.34%	2.80%	5.08%	6.63%	4.18%	4.27%
Dividend Yield	0.78%	1.02%	1.50%	1.70%	1.93%	2.07%
Payout Ratio	28.10%	30.94%	24.52%	24.80%	36.39%	35.94%
Buyback Yield / Dilution	2.67%	3.49%	4.71%	3.17%	3.30%	0.02%
Total Shareholder Return	3.45%	4.52%	6.21%	4.87%	5.23%	2.09%

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: Aug 5, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 10, 2026

Data Sources Report a data error