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Caterpillar Inc. logo

Caterpillar Inc.

CATNYSE

$684.05

Last price · USD

Market cap
$320.8B
P/E
36.3x
EV / EBITDA
23.8x
P/S
4.7x
FCF yield
3.2%
Div. yield
0.86%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

OverviewBusinessFinancialsPeersChartsValuation

Caterpillar Inc. income statement

Annual · USD millions except per-share data · 27 lines

Fiscal yearTrend2025latest2024202320222021CAGR
Revenue & gross profit
Revenue67,58964,80967,06059,42750,971+7.3%
Cost of revenue45,73041,48543,79741,91535,968+6.2%
Gross profit21,85923,32423,26317,51215,003+9.9%
Operating expenses & income
Research & development2,1482,1072,1081,8141,686+6.2%
SG&A (combined)6,9856,6676,3715,6515,365+6.8%
Total operating expenses10,64910,25210,2979,6088,125+7.0%
Cost and expenses56,37951,73754,09451,52344,093+6.3%
Operating income11,21013,07212,9667,9046,878+13.0%
Non-operating & other
Interest income48748249416780+57.1%
Interest expense1,030512511443485+20.7%
Net interest income(543)(30)(17)(276)(405)—
Non-operating income (excl. interest)(1,383)(813)(595)(1,291)(1,814)—
Other expenses1,5161,4781,8182,1431,074+9.0%
Total other income (expenses), net3533451478671,357-28.6%
Profitability
Depreciation & amortization2,2622,1532,1442,2192,352-1.0%
Income before tax11,56313,41713,1138,7718,235+8.9%
Income tax expense2,7682,6292,7812,0671,742+12.3%
Net income from continuing operations8,79510,78810,3326,7046,493+7.9%
Net income deductions(1)0000—
Net income8,87310,79210,3356,7056,489+8.1%
Bottom line net income8,87410,79210,3356,7056,489+8.1%
Additional fields
Ebit12,59313,88513,5619,1958,692+9.7%
Ebitda14,85516,03815,70511,41411,044+7.7%
Eps$18.90$22.17$20.24$12.73$11.93+12.2%
Eps Diluted$18.83$22.05$20.12$12.64$11.83+12.3%
Weighted Average Shs Out467487511527544-3.8%
Weighted Average Shs Out Dil469489514530549-3.8%