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

555.00 36.30 −6.14%
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

Caterpillar Inc. (CAT) Revenue growth

Alert me on Revenue growth

Caterpillar Inc.'s revenue growth over the twelve months to 30 September 2026 was 20.3%, up 16.0 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 1.81% and above the Industrials sector median of 8.77%.

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)
Sep 2026 17.3% (6.72)
Jun 2026 24.0% 1.76
Mar 2026 22.2% 4.22
Dec 2025 18.0% 8.49
43 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 40.1%
FSS Federal Signal Corporation compare 24.0%
CAT Caterpillar Inc. 20.3%
BLBD Blue Bird Corporation compare 13.5%
DE Deere & Company compare 7.99%
OSK Oshkosh Corporation compare 4.18%
AGCO AGCO Corporation compare 0.86%
CNH CNH Industrial N.V. compare 0.64%
PCAR PACCAR Inc. compare −1.53%
Farm & Heavy Construction Machinery industry median 1.81%
Industrials sector median 8.77%
Market median 7.58%

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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