Caterpillar CAT Net debt / EBITDA

Net debt / EBITDA at other companies

CumminsCMI

1.1×+0.1×

Gencor IndustriesGENC

-3.4×+0.4×

Wells Fargo & CompanyWFC

0.6×-1.3×

TerexTEX

4.6×+0.4×

Deere & CompanyDE

4.4×+0.3×

Foster (Lb) Co.FSTR

2.1×-1.6×

FAQ

What is Caterpillar's net debt / EBITDA?

Caterpillar (CAT) reported net debt / EBITDA of 2× in Q4 2025.

How has Caterpillar's net debt / EBITDA changed year-over-year?

Caterpillar's net debt / EBITDA increased by 20.2% year-over-year, from 1.7× to 2×.

What is the long-term trend for Caterpillar's net debt / EBITDA?

Over 5 years (2020 to 2025), Caterpillar's net debt / EBITDA has grown at a -6.1% compound annual growth rate (CAGR), from 2.8× to 2×.

What does net debt / EBITDA mean?

Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.