What is Caterpillar's current income tax expense (benefit)?

Caterpillar (CAT) reported current income tax expense (benefit) of $575.75M in Q4 2025.

How has Caterpillar's current income tax expense (benefit) changed year-over-year?

Caterpillar's current income tax expense (benefit) decreased by 29.1% year-over-year, from $812.50M to $575.75M.

What is the long-term trend for Caterpillar's current income tax expense (benefit)?

Over 4 years (2021 to 2025), Caterpillar's current income tax expense (benefit) has grown at a 2.0% compound annual growth rate (CAGR), from $2.13B to $2.30B.

What does current income tax expense (benefit) mean?

The total tax amount currently due to or from tax authorities.

Tax

Current income tax expense (benefit)

Caterpillar Current income tax expense (benefit) remained flat by 0.0% to $575.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 29.1%, from $812.50M to $575.75M. Over 4 years (FY 2021 to FY 2025), Current income tax expense (benefit) shows relatively stable performance with a 2.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement

SectionTax

CategoryProfitability

SignalLower is better

VolatilityModerate

First reportedQ1 2013

Last reportedQ4 2025Feb 13, 2026

How to read this metric

Reflects the immediate cash impact of tax obligations on the company.

Detailed definition

The total current income tax expense or benefit for the period, representing the amount of taxes expected to be paid to...

Peer comparison

Standard component of the income tax provision.

Metric ID: cat_current_income_tax_expense

Historical Data

5 years

	FY'21	FY'22	FY'23	FY'24	FY'25
Value	$2.13B	$2.44B	$3.37B	$3.25B	$2.30B
YoY Change	—	+15.0%	+38.0%	-3.6%	-29.1%

Range$2.13B – $3.37B

CAGR+2.0%

Avg YoY Growth+5.1%

Median YoY Growth+5.7%

Current Streak2 years decline

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Frequently Asked Questions

What is Caterpillar's current income tax expense (benefit)?: Caterpillar (CAT) reported current income tax expense (benefit) of $575.75M in Q4 2025.
How has Caterpillar's current income tax expense (benefit) changed year-over-year?: Caterpillar's current income tax expense (benefit) decreased by 29.1% year-over-year, from $812.50M to $575.75M.
What is the long-term trend for Caterpillar's current income tax expense (benefit)?: Over 4 years (2021 to 2025), Caterpillar's current income tax expense (benefit) has grown at a 2.0% compound annual growth rate (CAGR), from $2.13B to $2.30B.
What does current income tax expense (benefit) mean?: The total tax amount currently due to or from tax authorities.