Other
Effective Income Tax Rate Reconciliation, U.S. Tax Incentive (as a percent)
Caterpillar Effective Income Tax Rate Reconciliation, U.S. Tax Incentive (as a percent) increased by 38.5% to 1.8% in Q4 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2024Feb 13, 2026
How to read this metric
An increase indicates a higher proportion of earnings is being shielded from tax through government incentives.
Detailed definition
This metric expresses the impact of U.S. tax incentives as a percentage of pre-tax income in the effective tax rate reco...
Peer comparison
Standardized metric for comparing tax efficiency across companies within the same tax jurisdiction.
Metric ID:
other_effective_income_tax_rate_reconciliation_us_tax_in_049300Historical Data
4 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | -1.5% | 1.9% | 1.3% | 1.8% |
| QoQ Change | — | +226.7% | -31.6% | +38.5% |
| YoY Change | — | +226.7% | -31.6% | +38.5% |
Range-1.5% – 1.9%
Avg YoY Growth+77.8%
Median YoY Growth+38.5%
Effective Income Tax Rate Reconciliation, U.S. Tax Incentive (as a percent) at Other Companies
Frequently Asked Questions
- What is Caterpillar's effective income tax rate reconciliation, u.s. tax incentive (as a percent)?
- Caterpillar (CAT) reported effective income tax rate reconciliation, u.s. tax incentive (as a percent) of 1.8% in Q4 2024.
- What does effective income tax rate reconciliation, u.s. tax incentive (as a percent) mean?
- The percentage reduction in the effective tax rate attributable to U.S. tax incentives.