Other
Income Tax Reconciliation, U.S. Tax Incentives
Caterpillar Income Tax Reconciliation, U.S. Tax Incentives remained flat by 0.0% to $61.25M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 44.1%, from $42.50M to $61.25M. Over 3 years (FY 2021 to FY 2024), Income Tax Reconciliation, U.S. Tax Incentives shows an upward trend with a 25.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2024Feb 13, 2026
How to read this metric
Higher values indicate successful utilization of tax credits, which improves net profitability.
Detailed definition
This metric quantifies the tax savings or benefits recognized by the company due to specific U.S. federal or state tax i...
Peer comparison
Widely used by capital-intensive and R&D-heavy companies to demonstrate tax management efficiency.
Metric ID:
other_income_tax_reconciliation_us_tax_incentivesHistorical Data
4 years
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $123.00M | $166.00M | $170.00M | $245.00M |
| YoY Change | — | +35.0% | +2.4% | +44.1% |
Range$123.00M – $245.00M
CAGR+25.8%
Avg YoY Growth+27.2%
Median YoY Growth+35.0%
Current Streak3+ years growth
Income Tax Reconciliation, U.S. Tax Incentives at Other Companies
Frequently Asked Questions
- What is Caterpillar's income tax reconciliation, u.s. tax incentives?
- Caterpillar (CAT) reported income tax reconciliation, u.s. tax incentives of $61.25M in Q4 2024.
- How has Caterpillar's income tax reconciliation, u.s. tax incentives changed year-over-year?
- Caterpillar's income tax reconciliation, u.s. tax incentives increased by 44.1% year-over-year, from $42.50M to $61.25M.
- What is the long-term trend for Caterpillar's income tax reconciliation, u.s. tax incentives?
- Over 3 years (2021 to 2024), Caterpillar's income tax reconciliation, u.s. tax incentives has grown at a 25.8% compound annual growth rate (CAGR), from $123.00M to $245.00M.
- What does income tax reconciliation, u.s. tax incentives mean?
- The dollar value of tax savings derived from specific U.S. government tax incentives.