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.
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Caterpillar Inc. (CAT) Return on equity
Caterpillar Inc.'s return on equity over the twelve months to 30 June 2026 was 57.0%, up 13.4 percentage points from fiscal 2025 (43.5%). Over the past ten years it has ranged from −0.48% (fiscal 2016) to 58.4% (fiscal 2023); the current reading is higher than 73% of that period. That is above the Farm & Heavy Construction Machinery industry median of 3.99% and above the Industrials sector median of 4.33%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 43.5% | (11.81) |
| FY2024 | 55.4% | (3.05) |
| FY2023 | 58.4% | 17.02 |
| FY2022 | 41.4% | 0.69 |
| FY2021 | 40.7% | 20.71 |
| FY2020 | 20.0% | (22.47) |
| FY2019 | 42.5% | (1.70) |
| FY2018 | 44.2% | 38.56 |
| FY2017 | 5.59% | 6.07 |
| FY2016 | −0.48% | (16.32) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| CAT Caterpillar Inc. | 57.0% |
| FSS Federal Signal Corporation compare | 20.6% |
| DE Deere & Company compare | 18.3% |
| AGCO AGCO Corporation compare | 12.9% |
| PCAR PACCAR Inc. compare | 12.8% |
| OSK Oshkosh Corporation compare | 12.4% |
| ALG Alamo Group, Inc. compare | 8.77% |
| TEX Terex Corporation compare | 4.33% |
| CNH CNH Industrial N.V. compare | 3.99% |
| Farm & Heavy Construction Machinery industry median | 3.99% |
| Industrials sector median | 4.33% |
| Market median | 1.35% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on CAT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement