Caterpillar Inc. (CAT) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its repor...
Caterpillar Inc.'s revenue increased 4.3% year over year, from $64.81B to $67.59B.
Net income decreased 17.7% over the same period, from $10.79B to $8.88B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 75% in total.
Total debt increased by 14.1% to $36.21B.
The debt-to-equity ratio stands at 1.70, indicating a elevated leverage profile.
Operating cash flow declined 2.5% to $11.74B.
Caterpillar Inc. maintains a healthy net profit margin of 13.1%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $16.11B-3.5% | $2.46B | $6.04B | $3.15B | $3.57B | $86.27B | $29.51B | $19.40B |
| Q4 FY2024 | $16.21B+0.7% | $2.79B | $5.89B | $2.92B | $3.39B | $87.76B | $31.74B | $19.49B |
| Q1 FY2025 | $14.25B-12.1% | $2.00B | $5.28B | $2.58B | $1.29B | $84.97B | $29.27B | $18.07B |
| Q2 FY2025 | $16.57B+16.3% | $2.18B | $5.76B | $2.86B | $3.12B | $90.33B | $32.43B | $18.66B |
| Q3 FY2025 | $17.64B+6.5% | $2.30B | $5.96B | $3.05B | $3.74B | $93.72B | $32.24B | $20.66B |
| Q4 FY2025 | $19.13B+8.5% | $2.40B | $5.83B | $2.66B | $3.59B | $98.58B | $36.21B | $21.32B |
| Q1 FY2026 | $17.41B-9.0% | $2.55B | $6.11B | $3.08B | $1.87B | N/A | N/A | N/A |
| Q2 FY2026 | $20.54B+18.0% | $3.59B | $7.76B | $4.29B | $4.37B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
Caterpillar Inc. (CAT) Financial Statements & Revenue History
Caterpillar Inc. (CAT) is a US-listed stock operating in the Industrials sector, specifically the Construction Machinery & Equip industry trading at $729.50 with a market capitalization of $335. This page provides 42 historical financial statements for Caterpillar Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Caterpillar Inc. reported revenue of $67.6 billion, representing 4.3% year-over-year growth. The net profit margin of 13.1% indicates moderate profitability. The debt-to-equity ratio of 1.70 indicates elevated leverage.
CAT Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Caterpillar Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether CAT is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track CAT's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Caterpillar Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of CAT's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use CAT Financial Data
Investors use Caterpillar Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare CAT's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how CAT's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View CAT's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Caterpillar Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.CAT trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.