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Caterpillar CAT Resource Industries — SG&A/R&D

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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 debt$36.9B+14.2%
Total equity$21.3B+9.4%
Total assets$95.6B+12.4%

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$409.34B+101%
P/E43.4×+21.8×
P/S5.8×+2.6×

Profitability

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Gross margin96.6%-4.4pp
Operating margin16.5%-2.7pp
Net margin13.3%-2.4pp
FCF margin13.4%-0.9pp

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

Reported directly by Caterpillar in its filing.

Tagged under the XBRL concept cat:SellingGeneralAndAdministrativeResearchAndDevelopment.

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 resource industries — SG&A/R&D?
Caterpillar (CAT) reported resource industries — SG&A/R&D of $494M in Q1 2026.
How has Caterpillar's resource industries — SG&A/R&D changed year-over-year?
Caterpillar's resource industries — SG&A/R&D increased by 12.5% year-over-year, from $439M to $494M.
What is the long-term trend for Caterpillar's resource industries — SG&A/R&D?
Over 3 years (2022 to 2025), Caterpillar's resource industries — SG&A/R&D has grown at a 6.9% compound annual growth rate (CAGR), from $1.31B to $1.6B.
What does resource industries — SG&A/R&D mean?
The combined expenditure on selling, general, and administrative activities, as well as research and development efforts, for the Resource Industries segment. This reflects the investment in maintaining the sales network, corporate overhead, and the innovation pipeline for new mining technology. It is a key indicator of the company's commitment to long-term competitiveness versus short-term cost control.