Caterpillar CAT Debt-to-equity

Debt-to-equity at other companies

CumminsCMI

0.6×-0.2×

Gencor IndustriesGENC

0×0.0×

Wells Fargo & CompanyWFC

1.2×-0.9×

TerexTEX

0.6×-0.8×

Twin DiscTWIN

0.4×-0.1×

Deere & CompanyDE

2.1×-0.3×

FAQ

What is Caterpillar's debt-to-equity?

Caterpillar (CAT) reported debt-to-equity of 1.7× in Q4 2025.

How has Caterpillar's debt-to-equity changed year-over-year?

Caterpillar's debt-to-equity increased by 4.4% year-over-year, from 1.7× to 1.7×.

What is the long-term trend for Caterpillar's debt-to-equity?

Over 5 years (2020 to 2025), Caterpillar's debt-to-equity has grown at a -1.4% compound annual growth rate (CAGR), from 1.9× to 1.7×.

What does debt-to-equity mean?

Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.