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Caterpillar CAT Book value per share

Book value per share at other companies

Cummins logo
CumminsCMI
$88.98+12.7%
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$57.22+5.0%
Deere & Company logo
Deere & CompanyDE
$101.20+13.3%
Wabtec logo
WabtecWAB
$65.04+7.5%
United Rentals logo
United RentalsURI
$142.29+5.9%
Quanta Services logo
Quanta ServicesPWR
$59.47+20.4%

Other financials

Income statement

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Revenue$17.4B+22.2%
Gross profit$6.1B+15.6%
Operating income$3.1B+19.6%
Net income$2.5B+27.2%
EPS (diluted)$5.47+30.2%

Balance sheet

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Cash & equivalents$4.1B+14.3%
Total assets$95.6B+12.5%

Cash flow

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Operating cash flow$1.9B+45.1%
CapEx$728.0M+2.5%
Free cash flow$1.1B+97.2%

Valuation

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Market cap$440.29B+109%
P/E46.7×+25.5×
P/S6.2×+2.9×

Profitability

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Gross margin96.6%-4.4pp
Operating margin16.5%-2.7pp
Net margin13.3%-2.4pp

Returns & leverage

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Return on equity43.5%-11.8pp
Debt / equity1.7×+0.1×
Current ratio1.4×0.0×

Where this comes from

Calculated from Caterpillar’s reported figures.

Based on the most recent quarter.

The official record: Caterpillar’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Caterpillar's book value per share?
Caterpillar (CAT) reported book value per share of $45.14 in Q4 2025.
How has Caterpillar's book value per share changed year-over-year?
Caterpillar's book value per share increased by 13.3% year-over-year, from $39.83 to $45.14.
What does book value per share mean?
The accounting net worth of the company behind each share.
How do you interpret book value per share?
A steadily rising book value per share reflects retained earnings compounding into equity. Compare against the share price (price-to-book) to gauge how the market values that book equity.
How does book value per share compare across companies?
Most meaningful for asset- and equity-heavy businesses (financials, industrials); less informative for asset-light firms whose value is intangible.