What is Caterpillar's revenue?

Caterpillar (CAT) generated $70.8B in revenue over the trailing twelve months, up 11.8% year over year.

Is Caterpillar profitable?

Caterpillar reported $9.4B in net income over the trailing twelve months, a 13.3% net margin.

What are Caterpillar's profit margins?

Gross margin is 96.6% and operating margin is 16.5%, with a 13.3% net margin.

What is Caterpillar's earnings per share?

Caterpillar's diluted EPS over the trailing twelve months is $20.09.

Where does Caterpillar's income statement data come from?

Every line is extracted from Caterpillar's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Caterpillar CAT Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$67.59B+4.3%	$64.81B-3.4%	$67.06B+12.8%	$59.43B+16.6%
Subscription revenue	$473M+7.5%	$440M+4.8%	$420M-2.3%	$430M-11.3%
Rental income	$1.22B+0.3%	$1.21B+3.9%	$1.17B+7.5%	$1.09B-3.8%
Total cost of revenue	——	——	——	——
Research and development	$2.15B+1.9%	$2.11B0.0%	$2.11B+16.2%	$1.81B+7.6%
Selling, general and administrative	$6.99B+4.8%	$6.67B+4.6%	$6.37B+12.7%	$5.65B+5.3%
Compensation and benefits	$242M+8.5%	$223M+7.2%	$208M+7.8%	$193M-3.5%
Occupancy and equipment	$192M+3.8%	$185M-2.1%	$189M+1.1%	$187M-12.6%
Depreciation and amortization	$2.26B+5.1%	$2.15B+0.4%	$2.14B-3.4%	$2.22B-5.7%
Provision for credit losses	$148M-14.0%	$172M+49.6%	$115M—	——
Restructuring charges	$448M+24.8%	$359M-54.0%	$780M+161%	$299M+232%
Goodwill impairment	$0—	$0—	$0—	——
Total costs & expenses	$56.44B+9.1%	$51.74B-4.4%	$54.09B+5.0%	$51.52B+16.9%
Operating income	$11.15B-14.7%	$13.07B+0.8%	$12.97B+64.0%	$7.9B+14.9%
Operating margin	16.5%-3.7pp	20.2%+0.8pp	19.3%+6.0pp	13.3%-0.2pp
Interest expense	$1.84B+6.0%	$1.74B+21.1%	$1.44B+49.6%	$959M+4.2%
Interest income	$416M-13.7%	$482M-2.4%	$494M+196%	$167M+109%
Income from equity method investments	$109M+148%	$44M-30.2%	$63M+215%	$20M—
Net investment gains (losses)	$30M-23.1%	$39M+255%	$11M+120%	-$56M-142%
Income before income taxes	$11.54B-13.7%	$13.37B+2.5%	$13.05B+49.1%	$8.75B+6.7%
Income tax expense	$2.77B+5.3%	$2.63B-5.5%	$2.78B+34.5%	$2.07B+18.7%
Net income	$8.88B-17.7%	$10.79B+4.4%	$10.33B+54.1%	$6.7B+3.2%
Net margin	13.1%-3.5pp	16.6%+1.2pp	15.4%+4.1pp	11.3%-1.5pp
Net income attributable to noncontrolling interests	-$2M+50.0%	-$4M-33.3%	-$3M-200%	-$1M-125%
Diluted earnings per share	$18.82-14.7%	$22.07+9.6%	$20.13+59.1%	$12.65+7.0%
Basic earnings per share	$18.91-14.7%	$22.18+9.5%	$20.25+59.1%	$12.73+6.7%
Weighted-average shares, diluted	1.9B-3.6%	2B-4.8%	2.1B-3.3%	2.1B-3.1%
Weighted-average shares, basic	1.9B-3.5%	2B-4.8%	2B-3.2%	2.1B-3.0%
Lease Income	$1.69B+2.2%	$1.65B+4.2%	$1.59B+4.7%	$1.52B-6.1%
Sales-type lease revenue	$473M+7.5%	$440M+4.8%	$420M-2.3%	$430M-11.3%
Other operating income (expense), net	-$1.19B+19.2%	-$1.48B+18.7%	-$1.82B-49.3%	-$1.22B-13.4%
Amortization expense	$169M-4.0%	$176M-19.3%	$218M-23.2%	$284M-6.0%
Defined Contribution Plan Cost	$835M+12.7%	$741M+8.8%	$681M+34.6%	$506M-8.7%
Operating Lease Cost	$192M+3.8%	$185M-2.1%	$189M+1.1%	$187M-12.6%
Short-term Lease Cost	$67M+3.1%	$65M+4.8%	$62M+5.1%	$59M+28.3%
Stock-Based Compensation Expense (Pre-tax)	$242M+8.5%	$223M+7.2%	$208M+7.8%	$193M-3.5%
Foreign exchange gains (losses)	-$168M-337%	$71M+174%	-$96M-192%	$104M-5.5%
Gain (loss) on debt and equity securities	$30M-23.1%	$39M+255%	$11M+120%	-$56M-142%
License fee income	$143M+0.7%	$142M-2.7%	$146M+2.8%	$142M+15.4%
Net periodic pension and OPEB income (cost), excluding service cost	$343M+108%	$165M+251%	$47M-94.6%	$868M-32.1%
Other non-cash income (expense)	-$742M-31.6%	-$564M-50.4%	-$375M+46.5%	-$701M-225%
Gain on retained interest in Sandisk	$20M-20.0%	$25M+308%	-$12M+75.5%	-$49M-147%
Cash Tax Benefits from Stock Awards	$81M-10.0%	$90M+1.1%	$89M+41.3%	$63M-38.2%
Current income tax expense (benefit)	$2.3B-29.1%	$3.25B-3.6%	$3.37B+38.0%	$2.44B+15.0%
Deferred Foreign Tax Expense (Benefit)	$56M+181%	-$69M+57.9%	-$164M-428%	$50M-7.4%
Effective Tax Rate, Continuing Operations	$0.24+21.8%	$0.2-7.5%	$0.21-9.7%	$0.24+11.3%
Income Tax at U.S. Statutory Rate	$2.42B-13.7%	$2.81B+2.5%	$2.74B+49.1%	$1.84B+6.7%
Stock-Based Compensation Tax Benefit	$38M+26.7%	$30M-9.1%	$33M+3.1%	$32M+39.1%
State and Local Income Taxes, Net	$109M-19.3%	$135M-12.3%	$154M+14.9%	$134M+76.3%
Tax Reconciliation: Other Adjustments	——	$0.01+33.3%	$0.01+250%	-$0+69.2%
Change in Ownership for Noncontrolling Interests	——	——	$7M—	$0-100%
Comprehensive income (loss), including noncontrolling interest	$9.58B-5.5%	$10.14B-7.6%	$10.97B+89.1%	$5.8B-0.5%
Profit of consolidated companies	$8.77B-18.3%	$10.74B+4.6%	$10.27B+53.6%	$6.69B+3.5%
Goodwill Translation and Purchase Accounting Adjustments	$80M+219%	-$67M-435%	$20M+115%	-$136M+6.2%
OCI - Available-for-sale securities, net of tax	$66M+3,200%	$2M-96.8%	$62M+145%	-$138M-306%
OCI - Cash flow hedge, net of tax	$85M+175%	-$113M-390%	$39M+25.8%	$31M+1,133%
OCI - Defined benefit plan, net of tax	$9M-25.0%	$12M+20.0%	$10M+143%	-$23M-177%
Other comprehensive income (loss), net of tax	$85M+175%	-$113M-390%	$39M+25.8%	$31M+1,133%
Reclassifications Net of Tax	$8.88B-17.7%	$10.79B+4.4%	$10.34B+54.1%	$6.71B+3.3%
Outstanding authorized accelerated share repurchase	——	$300M+200%	-$300M—	——
APIC, Share-Based Payment Arrangement, Option, Increase for Cost Recognition	$230M+3.1%	$223M+7.2%	$208M+7.8%	$193M—
Share-based compensation expense related to employee stock plans	$242M+8.5%	$223M+7.2%	$208M+7.8%	$193M—
Pre-tax stock-based compensation cost	$242M+8.5%	$223M+7.2%	$208M+7.8%	$193M-3.5%
Amortization of capitalized software and acquired intangible assets	$169M-4.0%	$176M-19.3%	$218M-23.2%	$284M-6.0%
Stock options excluded as their inclusion would be anti-dilutive (in shares)	$100K-66.7%	$300K-62.5%	$800K-60.0%	$2M+81.8%
Common shares issued from treasury stock for stock-based compensation (in shares)	——	——	——	——
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$9.58B-5.5%	$10.14B-7.6%	$10.97B+89.1%	$5.8B-0.4%
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$9.58B-5.5%	$10.14B-7.6%	$10.97B+89.1%	$5.8B-0.5%
Contract with Customer, Liability, Cumulative Catch-up Adjustment to Revenue, Change in Estimate of Transaction Price	-$497M—	——	——	——
Corporate Costs	$1.01B+13.2%	$889M-2.6%	$913M+21.6%	$751M—
Cost Centers	$11M+1,000%	$1M-85.7%	$7M-46.2%	$13M—
Currency	-$81M-156%	$145M+2,317%	$6M-73.9%	$23M—
Federal	$804M-49.2%	$1.58B-2.6%	$1.63B+54.2%	$1.06B+37.7%
Foreign	$1.39B-9.2%	$1.53B-3.8%	$1.59B+26.9%	$1.26B-2.2%
Current State And Local Tax Expense Benefit	$109M-19.3%	$135M-12.3%	$154M+14.9%	$134M+76.3%
Federal	$393M+171%	-$553M-41.4%	-$391M+3.2%	-$404M-4.4%
Deferred taxes	$465M+175%	-$621M-4.9%	-$592M-57.0%	-$377M+1.6%
State	$16M+1,500%	$1M+103%	-$37M-60.9%	-$23M+54.0%
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	$185M+176%	$67M+203%	-$65M-107%	$916M—
Defined Contribution Plan Cost Recognized	$835M+12.7%	$741M+8.8%	$681M+34.6%	$506M-8.7%
Depreciation	$2.09B+5.5%	$1.98B+2.8%	$1.93B-0.4%	$1.94B-5.5%
Dividends, Common Stock, Cash	$2.79B+3.6%	$2.69B+3.5%	$2.6B+5.1%	$2.47B+4.2%
Effective tax rates	$0.24+21.8%	$0.2-7.5%	$0.21-9.7%	$0.24+11.3%
Income taxes at U.S. statutory rate of 21%	$0.210.0%	$0.210.0%	$0.210.0%	$0.210.0%
Foreign operations	——	$0.01+40.0%	$0.01-52.4%	$0.02-22.2%
Other	$0.02—	——	——	——
Effective Income Tax Rate Reconciliation, Tax Law Change, Currency Translation, Percent	——	——	——	——
Tax law change related to currency translation	——	$224M—	$0—	$0—
Effective Income Tax Rate Reconciliation, U.S. Tax Incentive (as a percent)	——	——	——	——
Share-Based Payment Arrangement, Expense, Tax Benefit	$38M+26.7%	$30M-9.1%	$33M+3.1%	$32M+39.1%
Financing Receivable Allowance for Credit Losses, Other Activity	-$7M-121%	$34M+1,233%	-$3M—	——
Recoveries	$47M-17.5%	$57M+14.0%	$50M—	——
Fully amortized finite-lived intangibles	$248M—	——	$1B—	——
Gain (Loss), Foreign Currency Transaction, before Tax	-$168M-337%	$71M+174%	-$96M-192%	$104M-5.5%
Timing	-$175M-232%	$133M+543%	-$30M+90.3%	-$309M—
Translation and other	$80M+219%	-$67M-435%	$20M+115%	-$136M+6.2%
Income Loss From Continuing Operations Before Income Taxes Domestic	$5.41B-13.1%	$6.22B-3.8%	$6.46B+118%	$2.96B+8.1%
Income Loss From Continuing Operations Before Income Taxes Foreign	$6.13B-14.3%	$7.15B+8.6%	$6.59B+13.8%	$5.79B+6.0%
Income tax examination, penalties and interest expense (benefit)	$67M+91.4%	$35M-2.8%	$36M-26.5%	$49M-9.3%
Federal taxes	$605M—	——	——	——
State taxes	$138M—	——	——	——
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	$2.42B-13.7%	$2.81B+2.5%	$2.74B+49.1%	$1.84B+6.7%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount	$179M—	——	——	——
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	——	$103M+25.6%	$82M+310%	-$39M+62.1%
Income Tax Reconciliation, U.S. Tax Incentives	——	$245M+44.1%	$170M+2.4%	$166M+35.0%
Income taxes paid	$2.21B-29.4%	$3.13B+6.0%	$2.95B-4.1%	$3.08B+74.9%
Income Taxes Paid, Net	$2.21B—	——	——	——
Accounts payable	$1.18B+518%	-$282M+62.6%	-$754M-194%	$798M-60.9%
Accrued liabilities	$438M+129%	$191M-76.0%	$796M+151%	$317M+61.7%
Increase (decrease) in contract liabilities and current deferred income	$1.93B+422%	$370M+363%	$80M-89.6%	$768M+2,159%
Accrued compensation and employee benefits	$187M+152%	-$363M-175%	$486M+440%	$90M-91.9%
Increase (Decrease) in Inventories	$1.48B+257%	$414M+13.7%	$364M-85.9%	$2.59B+0.1%
Increase (Decrease) in Other Operating Assets	$176M+81.4%	$97M+2.1%	$95M-54.8%	$210M+116%
Other liabilities	-$294M-183%	-$104M-124%	$439M+158%	-$754M-808%
Add - Incremental shares under stock-based compensation plans (in shares)	$2.3M-14.8%	$2.7M-10.0%	$3M-14.3%	$3.5M-22.2%
Interest Paid, Excluding Capitalized Interest, Operating Activity	$1.84B+6.0%	$1.74B+21.1%	$1.44B+49.6%	$959M+4.2%
Net interest and investment income (loss)	$416M-13.7%	$482M-2.4%	$494M+196%	$167M+109%
Lease Income	$1.69B+2.2%	$1.65B+4.2%	$1.59B+4.7%	$1.52B-6.1%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	-$3.9B+59.2%	-$9.57B-38.0%	-$6.93B+4.8%	-$7.28B-73.9%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$4.71B-91.9%	-$2.45B+58.2%	-$5.87B-131%	-$2.54B+17.6%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$11.74B-2.5%	$12.04B-6.6%	$12.89B+65.9%	$7.77B+7.9%
Net Income Loss Attributable To Noncontrolling Interest	-$2M+50.0%	-$4M-33.3%	-$3M-200%	-$1M-125%
Number of countries served by dealers	190+1.6%	187-2.1%	191-0.5%	192-0.5%
Number of group presidents	40.0%	40.0%	40.0%	40.0%
Number of operating segments	$50.0%	$50.0%	$50.0%	$50.0%
Lease income — operating leases	$1.22B+0.3%	$1.21B+3.9%	$1.17B+7.5%	$1.09B-3.8%
Operating Lease Payments	$185M+3.4%	$179M-0.6%	$180M+1.1%	$178M-13.6%
Unrealized gains (losses) on available-for-sale securities	$66M+3,200%	$2M-96.8%	$62M+145%	-$138M-306%
Unrealized gains (losses) on hedge instruments	$85M+175%	-$113M-390%	$39M+25.8%	$31M+1,133%
Foreign currency translation gains (losses)	$557M+205%	-$528M-197%	$546M+167%	-$820M-37.1%
Other comprehensive income (loss)	$699M+207%	-$651M-202%	$637M+170%	-$904M-35.9%
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	$9M-25.0%	$12M+20.0%	$10M+143%	-$23M-177%
Other Methodology Differences	$134M+65.4%	$81M+15.7%	$70M-31.4%	$102M—
Other Noncash Income (Expense)	-$742M-31.6%	-$564M-50.4%	-$375M+46.5%	-$701M-225%
Other income, net (Note 6)	$892M+9.7%	$813M+36.6%	$595M-53.9%	$1.29B-28.8%
Other income/expense methodology differences	-$470M+36.5%	-$740M-18.6%	-$624M-52.6%	-$409M—
Other income, net	-$1.19B+19.2%	-$1.48B+18.7%	-$1.82B-49.3%	-$1.22B-13.4%
Payment for (Proceeds from) Other Investing Activity	-$75M+61.1%	-$193M-99.0%	-$97M-593%	-$14M+82.3%
Payments for Repurchase of Common Stock	$5.19B-32.6%	$7.7B+54.7%	$4.98B+17.6%	$4.23B+58.5%
Payments of Ordinary Dividends, Common Stock	$2.75B+3.9%	$2.65B+3.2%	$2.56B+5.0%	$2.44B+4.6%
Payments to Acquire Businesses, Net of Cash Acquired	$47M+38.2%	$34M-54.7%	$75M-14.8%	$88M-82.0%
Payments To Acquire Equipment On Lease	$1.47B+19.4%	$1.23B-17.9%	$1.5B+14.7%	$1.3B-5.5%
Payments to Acquire Finance Receivables	$15.33B-0.5%	$15.41B+1.6%	$15.16B+14.5%	$13.24B+1.8%
Payments to Acquire Marketable Securities	$1.93B+29.1%	$1.5B-66.1%	$4.41B+43.2%	$3.08B+74.2%
Payments to Acquire Property, Plant, and Equipment	$2.82B+41.9%	$1.99B+24.5%	$1.6B+23.2%	$1.3B+18.6%
Collections of finance receivables	$13.52B-0.7%	$13.61B-3.0%	$14.03B+6.5%	$13.18B+6.0%
Divestiture of businesses, net of cash transferred	$22M+136%	-$61M-1,425%	-$4M-500%	$1M-97.2%
Proceeds from issuance of shares	-$16M-180%	$20M+66.7%	$12M-76.5%	$51M-62.2%
Short-term borrowings/(repayments) less than 90 days — net	$1.11B+758%	-$168M+87.5%	-$1.35B-435%	$402M-88.5%
Proceeds from maturities of marketable securities	$2.49B-21.0%	$3.16B+66.8%	$1.89B-20.6%	$2.38B+204%
Sale of investments	$2.17B+77.1%	$1.22B+30.1%	$940M+22.6%	$767M+68.9%
Proceeds from Sale of Finance Receivables	$71M-14.5%	$83M+31.7%	$63M+10.5%	$57M+11.8%
Dispositions of property, plant, and equipment	$708M-1.9%	$722M-7.6%	$781M-5.9%	$830M-34.4%
Standard and Extended Product Warranty Accrual, Decrease for Payments	$836M+1.5%	$824M-1.3%	$835M+7.3%	$778M-8.9%
Total provisions for credit losses	$109M+29.8%	$84M+78.7%	$47M—	——
Right Of Use Asset Obtained In Exchange For Operating Lease Liability	$259M+38.5%	$187M+26.4%	$148M+20.3%	$123M-48.3%
Sales-type lease selling price	$473M+7.5%	$440M+4.8%	$420M-2.3%	$430M-11.3%
Property, plant, and equipment additions	$4.29B+33.3%	$3.22B+4.0%	$3.09B+19.0%	$2.6B—
Granted (in shares)	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures and Expirations in Period	——	——	——	——
Forfeited or expired (in shares)	——	——	——	——
Granted (in shares)	——	——	——	——
Exercised (in shares)	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	——	——	——	——
Stockholders' Equity, Other	$5M+150%	$2M+150%	-$4M+90.9%	-$44M-25.7%
Supply chain finance program, payments	$5.56B+8.8%	$5.11B—	——	——
Invoices confirmed during the period	$5.67B+10.3%	$5.14B—	——	——
Number of shares purchased (in shares)	——	——	——	——
Treasury stock, value, acquired	$5.19B-35.1%	$8B+71.1%	$4.68B+10.5%	$4.23B+58.5%
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions	$6M-80.0%	$30M+57.9%	$19M-71.2%	$66M+120%
Unrecognized tax benefits, settlements	$29M-51.7%	$60M+122%	$27M-96.8%	$840M+3,400%
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions	$68M-42.4%	$118M+25.5%	$94M+30.6%	$72M-48.9%
Additions for tax positions of prior years	$35M-28.6%	$49M+16.7%	$42M-53.8%	$91M+112%
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations	$10M-9.1%	$11M+57.1%	$7M+133%	$3M0.0%
Value of Common Shares Issued from Treasury Stock for Stock-based Compensation	-$16M-180%	$20M+66.7%	$12M-76.5%	$51M-62.2%
EBITDA	$13.41B-11.9%	$15.23B+0.8%	$15.11B+49.3%	$10.12B+9.7%
EBITDA margin	19.8%-3.6pp	23.5%+1.0pp	22.5%+5.5pp	17%-1.1pp
EBIT	$11.15B-14.7%	$13.07B+0.8%	$12.97B+64.0%	$7.9B+14.9%

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Questions, answered.

What is Caterpillar's revenue?: Caterpillar (CAT) generated $70.8B in revenue over the trailing twelve months, up 11.8% year over year.
Is Caterpillar profitable?: Caterpillar reported $9.4B in net income over the trailing twelve months, a 13.3% net margin.
What are Caterpillar's profit margins?: Gross margin is 96.6% and operating margin is 16.5%, with a 13.3% net margin.
What is Caterpillar's earnings per share?: Caterpillar's diluted EPS over the trailing twelve months is $20.09.
Where does Caterpillar's income statement data come from?: Every line is extracted from Caterpillar's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.