Companies / Industrials
CAT
Caterpillar Inc.
Construction Machinery & Heavy Transportation Equipment
Construction Machinery & Heavy Transportation EquipmentAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health63
Growth40
Profitability53
Cash generation68
Balance sheet54
Dilution control100
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)17.3%Revenue growth (FY)4.3%Revenue CAGR (3y)4.4%Gross margin33.8%Operating margin16.5%Net margin13.1%Free cash flow margin13.2%R&D / revenue3.2%Stock comp / revenue0.4%Net debt / operating cash flow2.23xCurrent ratio1.44Diluted share count change-3.5%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $51.0B | $59.4B | $67.1B | $64.8B | $67.6B |
| Gross profit | $15.5B | $18.1B | $24.3B | $24.6B | $22.8B |
| Operating income | $6.9B | $7.9B | $13.0B | $13.1B | $11.2B |
| Net income | $6.5B | $6.7B | $10.3B | $10.8B | $8.9B |
| Operating cash flow | $7.2B | $7.8B | $12.9B | $12.0B | $11.7B |
| Capital expenditure | $1.1B | $1.3B | $1.6B | $2.0B | $2.8B |
| Free cash flow | $6.1B | $6.5B | $11.3B | $10.0B | $8.9B |
| R&D | $1.7B | $1.8B | $2.1B | $2.1B | $2.1B |
| Stock-based comp | $200M | $193M | $208M | $223M | $242M |
| Buybacks | $2.7B | $4.2B | $5.0B | $7.7B | $5.2B |
| Dividends | $2.3B | $2.4B | $2.6B | $2.6B | $2.7B |
| Cash | $9.3B | $7.0B | $7.0B | $6.9B | $10.0B |
| Total debt | $31.4B | $31.7B | $29.1B | $31.7B | $36.2B |
| Equity | $16.5B | $15.9B | $19.5B | $19.5B | $21.3B |
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