CATERPILLAR INC

CAT · Mega cap · 1 article

Financial highlights

Metric	FY 12/31/25	FY 12/31/24	FY 12/31/23	FY 12/31/22	FY 12/31/21
Income Statement
Revenue	$67.6B	$64.8B	$67.1B	$59.4B	$51.0B
Cost of revenue	$49.0M	$33.0M	$160.0M	$413.0M	$35.5B
Selling, general & administrative	$7.0B	$6.7B	$6.4B	$5.7B	$5.4B
Research and development	$2.1B	$2.1B	$2.1B	$1.8B	$1.7B
Operating income	$11.2B	$13.1B	$13.0B	$7.9B	$6.9B
Pretax income	$11.5B	$13.4B	$13.1B	$8.8B	$8.2B
Income tax expense	$2.8B	$2.6B	$2.8B	$2.1B	$1.7B
Net income	$8.9B	$10.8B	$10.3B	$6.7B	$6.5B
Balance Sheet
Cash and equivalents	$10.0B	$6.9B	$7.0B	$7.0B	$9.3B
Current assets	$52.5B	$45.7B	$46.9B	$43.8B	$43.5B
Total assets	$98.6B	$87.8B	$87.5B	$81.9B	$82.8B
Current liabilities	$36.6B	$32.3B	$34.7B	$31.5B	$29.8B
Total liabilities	$77.3B	$68.3B	$68.0B	$66.1B	$66.3B
Stockholders' equity	$21.3B	$19.5B	$19.5B	$15.9B	$16.5B
Cash Flow Statement
Cash from operations	$11.7B	$12.0B	$12.9B	$7.8B	$7.2B
Depreciation and amortization	$2.3B	$2.2B	$2.1B	$2.2B	$2.4B
Stock-based compensation	$242.0M	$223.0M	$208.0M	$193.0M	$200.0M
Capital expenditure	$2.8B	$2.0B	$1.6B	$1.3B	$1.1B
Free cash flow	$8.9B	$10.0B	$11.3B	$6.5B	$6.1B
Dividends paid	$2.7B	$2.6B	$2.6B	$2.4B	$2.3B
Share repurchases	$5.2B	$7.7B	$5.0B	$4.2B	$2.7B
Impairments	$0	$0	$0	$925.0M	$0

Shares outstanding 460.6M · Free float 99.8%

Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.