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. In the quarter to June 2026, revenue grew 24.0%, EPS grew 68.1%, free cash flow grew 47.1% and total debt rose 10.8%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years; insiders bought in the last twelve months.

729.49 9.60 −1.30%
Market cap
$338.2B
P/E
31.2×
Fwd P/E
37.6×
Dividend yield
0.84%
F-score
5/9
Altman Z
4.32
Beneish M
−2.43
Dividend safety
86/100

Caterpillar Inc. (CAT) Revenue growth

Alert me on Revenue growth

Caterpillar Inc.'s revenue growth over the twelve months to 30 June 2026 was 18.4%, up 14.1 percentage points from fiscal 2025 (4.29%). Over the past ten years it has ranged from −22.4% (fiscal 2020) to 22.1% (fiscal 2021); the current reading is higher than 55% of that period. That is above the Farm & Heavy Construction Machinery industry median of 2.18% and above the Industrials sector median of 7.85%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 4.29% 7.65
FY2024 −3.36% (16.20)
FY2023 12.8% (3.75)
FY2022 16.6% (5.50)
FY2021 22.1% 44.49
FY2020 −22.4% (20.72)
FY2019 −1.68% (22.05)
FY2018 20.4% 2.40
FY2017 18.0% 36.00
FY2016 −18.0% (3.22)

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 24.0% 1.76
Mar 2026 22.2% 4.22
Dec 2025 18.0% 8.49
Sep 2025 9.51% 10.23
42 more quarters

Against its own ten years

Low −22.4% High 22.1%
Ten-year median 4.29%
Current reading's percentile 55

Revenue growth against peers

Company Revenue growth
TEX Terex Corporation compare 29.2%
FSS Federal Signal Corporation compare 24.0%
CAT Caterpillar Inc. 18.4%
DE Deere & Company compare 7.99%
ALG Alamo Group, Inc. compare 4.07%
OSK Oshkosh Corporation compare 2.18%
AGCO AGCO Corporation compare 1.74%
CNH CNH Industrial N.V. compare 0.64%
PCAR PACCAR Inc. compare −10.6%
Farm & Heavy Construction Machinery industry median 2.18%
Industrials sector median 7.85%
Market median 7.41%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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