Skip to content

Caterpillar CAT Operating Income

Operating Income at other companies

Cummins logo
CumminsCMI
$949M-16.3%
Terex logo
TerexTEX
-$82M-219%
Foster (Lb) Co. logo
Foster (Lb) Co.FSTR
$2.05M+206%
Astec Industries logo
Astec IndustriesASTE
$9M-56.1%
Titan International logo
Titan InternationalTWI
-$13.79M-217%
Wabtec logo
WabtecWAB
$517M+9.1%

Other financials

Income statement

See full
Revenue$17.4B+22.2%
Gross profit$6.1B+15.6%
Net income$2.5B+27.2%
EPS (diluted)$5.47+30.2%

Balance sheet

See full
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

See full
Operating cash flow$1.9B+45.1%
CapEx$728.0M+2.5%
Free cash flow$1.1B+97.2%

Valuation

See full
Market cap$486.85B+187%
P/E51.6×+34.6×
P/S6.9×+4.2×

Profitability

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

Returns & leverage

See full
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 us-gaap:OperatingIncomeLoss.

The official record: Caterpillar’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Caterpillar's operating income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Caterpillar's operating income?
Caterpillar (CAT) reported operating income of $3.09B in Q1 2026.
How has Caterpillar's operating income changed year-over-year?
Caterpillar's operating income increased by 19.6% year-over-year, from $2.58B to $3.09B.
What is the long-term trend for Caterpillar's operating income?
Over 4 years (2021 to 2025), Caterpillar's operating income has grown at a 12.8% compound annual growth rate (CAGR), from $6.88B to $11.15B.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.