Your Best Stock

Caterpillar CAT

US equityMarket cap rank #34InfrastructureDividend Aristocrats
$805.07
−$6.96 (-0.86%)
Market open · Sep 24, 2:00 pm ET
After hours $812.40 +0.05%
Open$797.95
Prev close$812.02
Day range$794.20 – $809.14
Volume1.10M
Market cap$370.07B
P/E (TTM)34.7
Dividend yield0.75%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$20.54B+24.0% YoY
Operating profit$4.30B+50.2% YoY
Net profit$3.59B+64.9% YoY
Diluted EPS$7.77+68.2% YoY
Free cash flow$3.26B+50.4% YoY
Operating cash flow$4.37B

Revenue, last 8 quarters

$16.1BSep '24$16.2BDec '24$14.2BMar '25$16.6BJun '25$17.6BSep '25$19.1BDec '25$17.4BMar '26$20.5BJun '26

Net profit, last 8 quarters

$2.5BSep '24$2.8BDec '24$2.0BMar '25$2.2BJun '25$2.3BSep '25$2.4BDec '25$2.5BMar '26$3.6BJun '26

Diluted EPS by quarter

5.06Sep '245.78Dec '244.20Mar '254.62Jun '254.88Sep '255.12Dec '255.47Mar '267.77Jun '26

Free cash flow by quarter

$2.8BSep '24$2.4BDec '24$371.0MMar '25$2.2BJun '25$2.7BSep '25$2.2BDec '25$819.0MMar '26$3.3BJun '26

Annual revenue

$41.7BFY20$51.0BFY21$59.4BFY22$67.1BFY23$64.8BFY24$67.6BFY25

Profitability & balance sheet

Gross margin32.5%
Operating margin17.5%
Net margin14.5%
Return on equity57.0%
Return on assets11.2%
Return on invested capital18.2%
Current ratio1.37
Liabilities / assets81.1%
Cash & investments$6.71B
Total debt$45.15B
Net cash (debt)-$38.43B
Free cash flow / sales12.0%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Construction Industries$8.35B 37.2%
  • Power & Energy$8.24B 36.7%
  • Resource Industries$4.65B 20.7%
  • Financial Products Segment$1.15B 5.1%
  • All other segment$84.00M 0.4%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $20.54B $17.42B $67.59B $19.13B $17.64B
Total Operating Revenue $20.54B $17.42B $67.59B $19.13B $17.64B
Cost of Revenue $13.14B $11.65B $46.11B $13.66B $12.02B
Gross Profit $7.40B $5.76B $21.48B $5.48B $5.62B
Operating Expense $3.11B $2.68B $10.33B $2.82B $2.57B
Selling and Admin Expenses $2.02B $1.82B $6.99B $1.88B $1.82B
Research & Development $616.00M $537.00M $2.15B $562.00M $555.00M
Other Operating Expenses $471.00M $326.00M $1.19B $377.00M $190.00M
Operating Profit $4.30B $3.09B $11.15B $2.66B $3.05B
Net Non-Operating Interest Income (Expense) -$135.00M -$134.00M -$502.00M -$127.00M -$133.00M
Non-Operating Interest Expense $135.00M $134.00M $502.00M $127.00M $133.00M
Other Income (Expense) $398.00M $260.00M $892.00M $493.00M $208.00M
Gain on Sale of Security $208.00M $137.00M $278.00M $108.00M $102.00M
Other Non-Operating Income (Expenses) $190.00M $123.00M $614.00M $385.00M $106.00M
Pretax Profit $4.56B $3.21B $11.54B $3.03B $3.13B
Tax $1.06B $670.00M $2.77B $712.00M $836.00M
Earnings from Equity Interest Net of Tax $90.00M $7.00M $109.00M $87.00M $8.00M
Net Profit $3.59B $2.55B $8.88B $2.40B $2.30B
Profit from Continuing Operations $3.59B $2.55B $8.88B $2.40B $2.30B
Minority Interests $0.00 -$1.00M -$2.00M -$1.00M -$1.00M
Net Income to Parent Company $3.59B $2.55B $8.88B $2.40B $2.30B
Net Income to Common Stockholders $3.59B $2.55B $8.88B $2.40B $2.30B
Basic EPS $7.80 $5.50 $18.90 $5.15 $4.91
Diluted EPS $7.77 $5.47 $18.81 $5.12 $4.88
Dividend Per Share $1.51 $1.51 $5.84 $1.51 $1.51

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $102.61B $95.55B $98.59B $98.59B $93.72B
Total Current Assets $54.45B $48.57B $52.49B $52.49B $49.82B
Cash and Cash Equivalents & Short-Term Investments $6.71B $4.07B $9.98B $9.98B $7.54B
-Cash and Cash Equivalents $6.71B $4.07B $9.98B $9.98B $7.54B
Receivables $24.03B $21.89B $21.57B $21.57B $20.46B
-Accounts Receivable $24.03B $21.89B $21.57B $21.57B $20.46B
Inventory $20.63B $19.63B $18.14B $18.14B $18.96B
Other Current Assets $3.08B $2.98B $2.80B $2.80B $2.86B
Total Non-Current Assets $48.16B $46.98B $46.10B $46.10B $43.90B
Net PPE $15.63B $15.25B $15.14B $15.14B $14.31B
Non Current Accounts Receivables $17.45B $16.83B $16.41B $16.41B $15.60B
Goodwill and Other Intangible Assets $6.28B $6.28B $5.56B $5.56B $5.61B
-Goodwill $5.86B $5.87B $5.32B $5.32B $5.33B
-Other Intangible Assets $420.00M $419.00M $241.00M $241.00M $281.00M
Non-Current Deferred Assets $2.29B $2.42B $2.88B $2.88B $3.00B
Other Non-Current Assets $6.52B $6.20B $6.10B $6.10B $5.38B
Total Liabilities $83.22B $76.89B $77.27B $77.27B $73.06B
Total Current Liabilities $39.79B $35.90B $36.56B $36.56B $35.99B
Payables $11.06B $9.64B $9.67B $9.67B $8.73B
-Accounts Payable $10.31B $9.64B $8.97B $8.97B $8.73B
-Dividends Payable $749.00M $0.00 $703.00M $703.00M $0.00
Current Accrued Expenses $7.97B $6.89B $8.14B $8.14B $7.31B
Short-Term Debt and Capital Lease Obligation $13.11B $12.42B $12.63B $12.63B $13.80B
-Current Debt $13.11B $12.42B $12.63B $12.63B $13.80B
Current Deferred Liabilities $4.78B $4.38B $3.31B $3.31B $3.39B
Other Current Liabilities $2.87B $2.57B $2.80B $2.80B $2.76B
Total Non-Current Liabilities $43.43B $40.99B $40.71B $40.71B $37.07B
Long Term Debt and Capital Lease Obligation $32.04B $30.64B $30.70B $30.70B $27.74B
-Long Term Debt $32.04B $30.64B $30.69B $30.69B $27.74B
Employee Benefits $3.74B $3.66B $3.84B $3.84B $3.66B
Other Non-Current Liabilities $7.64B $6.69B $6.18B $6.18B $5.67B
Total Equity $19.39B $18.66B $21.32B $21.32B $20.66B
Stockholders' Equity $19.40B $18.66B $21.32B $21.32B $20.66B
Capital Stock $5.65B $5.85B $7.18B $7.18B $6.22B
-Common Stock $5.65B $5.85B $7.18B $7.18B $6.22B
Retained Earnings $70.14B $68.00B $65.45B $65.45B $64.46B
Less: Treasury Stock $54.53B $53.31B $49.54B $49.54B $48.30B
Gains/Losses Not Affecting Retained Earnings -$1.87B -$1.88B -$1.77B -$1.77B -$1.72B
Minority Interests -$1.00M -$1.00M $0.00 $0.00 $1.00M
-Gross PPE – – $31.91B $31.91B –
-Accumulated Depreciation – – -$16.77B -$16.77B –
-Long Term Capital Lease Obligation – – $6.00M $6.00M –

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $4.37B $1.87B $11.74B $3.59B $3.74B
Net cash flow from continuing operations $4.37B $1.87B $11.74B $3.59B $3.74B
Net Income from Continuing Operations $3.59B $2.55B $8.88B $2.40B $2.30B
Depreciation & Depletion & Amortization $616.00M $595.00M $2.26B $598.00M $570.00M
Deferred Tax $110.00M $534.00M $465.00M $165.00M $410.00M
Other Non-Cash Items -$90.00M $68.00M $742.00M $233.00M $111.00M
Change in Working Capital $3.00M -$1.88B -$348.00M $458.00M $347.00M
-Change in Receivables -$2.38B -$801.00M -$2.14B -$1.35B -$469.00M
-Change in Inventory -$1.05B -$1.50B -$1.48B $538.00M -$376.00M
-Change in Payables and Accrued Expense $1.70B -$387.00M $1.80B $963.00M $685.00M
-Change in Other Current Assets $91.00M -$184.00M -$176.00M -$38.00M -$48.00M
-Change in Other Current Liabilities $401.00M -$330.00M -$294.00M $61.00M $182.00M
-Change In Other Working Capital $1.25B $1.33B $1.93B $284.00M $373.00M
Net cash flow from investing -$1.66B -$1.78B -$4.71B -$1.88B -$1.32B
Net Cash Flow from Continuing Investing Activities -$1.66B -$1.78B -$4.71B -$1.88B -$1.32B
Capital Expenditure -$1.11B -$1.05B -$4.29B -$1.34B -$1.07B
Net PPE Purchase and Sale $245.00M $191.00M $708.00M $164.00M $179.00M
Net Business Purchase and Sale -$92.00M $0.00 $22.00M $10.00M $0.00
Net Investment Purchase and Sale -$329.00M -$894.00M $517.00M -$111.00M -$61.00M
Net Other Investing Changes -$377.00M -$21.00M -$1.67B -$601.00M -$367.00M
Financing Cash Flow -$83.00M -$5.95B -$3.90B $751.00M -$305.00M
Net Cash Flow from Continuing Financing Activities -$83.00M -$5.95B -$3.90B $751.00M -$305.00M
Net Issuance Payments Of Debt $2.18B -$122.00M $4.13B $1.78B $744.00M
Net Common Stock Issuance -$1.52B -$5.13B -$5.21B -$317.00M -$342.00M
Cash Dividends Paid -$696.00M -$703.00M -$2.75B -$706.00M -$707.00M
Ending Cash Balance $6.72B $4.08B $9.99B $9.99B $7.54B
Net Change in Cash $2.62B -$5.86B $3.13B $2.46B $2.11B
Beginning Cash Balance $4.08B $9.99B $6.90B $7.54B $5.45B
Effect of Exchange Rate Changes $20.00M -$55.00M -$43.00M -$20.00M -$16.00M
Free Cash Flow $3.26B $819.00M $7.45B $2.25B $2.67B
Gain/Loss from Continuing Operations – – -$264.00M – –
Net Other Financing Charges – – -$74.00M -$1.00M $0.00
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