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Friday 6 November 2026 Export CAT’s income statement to Excel — free account

Caterpillar Inc.

CAT Industrials Farm & Heavy Construction Machinery

Caterpillar Inc.’s revenue for fiscal 2025 (year ended December 2025) was $67.6 billion, up 4.29% from fiscal 2024.

Revenue
+17.3%
EPS
+45.8%
Free cash flow
+27.4%
Total debt
+8.83%

Quarter to September 2026, against a year earlier

557.79 4.15 +0.75%
Market cap
$254.5B
P/E
21.7×
Fwd P/E
23.2×
Dividend yield
1.13%
F-score
5/9
Altman Z
4.32
Beneish M
−2.43
Dividend safety
86/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Caterpillar Inc. (CAT) Book value per share

Alert me on Book value per share

Caterpillar Inc.'s book value per share at the end of fiscal 2025 was 45.4×, up 13.2% from 40.1× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 46.8×. Over the past ten years it has ranged from 22.6× (fiscal 2016) to 45.4× (fiscal 2025) — the current reading is the highest in ten years. Caterpillar Inc. ranks 6th of 27 Farm & Heavy Construction Machinery companies by book value per share.

Book value per share, annual

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Annual newest first

Period Book value per share Change
FY2025 45.4× 13.24%
FY2024 40.1× 4.86%
FY2023 38.2× 26.65%
FY2022 30.2× (0.66%)
FY2021 30.4× 7.42%
FY2020 28.3× 8.50%
FY2019 26.0× 9.41%
FY2018 23.8× 2.35%
FY2017 23.3× 2.86%
FY2016 22.6× (9.71%)

Quarterly newest first

Period Book value per share Change
Sep 2026 46.8× 11.08%
Jun 2026 42.1× 4.61%
Mar 2026 40.3× (11.22%)
Dec 2025 45.4× 2.88%
43 more quarters

Against its own ten years

Low 22.6× High 45.4×
Ten-year median 28.3×
Current reading's percentile 100

Book value per share against peers

Company Book value per share
DE Deere & Company compare 104×
OSK Oshkosh Corporation compare 73.6×
AGCO AGCO Corporation compare 58.6×
CAT Caterpillar Inc. 46.8×
TEX Terex Corporation compare 43.8×
PCAR PACCAR Inc. compare 39.7×
FSS Federal Signal Corporation compare 25.9×
BLBD Blue Bird Corporation compare 19.1×
CNH CNH Industrial N.V. compare 6.3×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

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