Caterpillar Inc.

CATNYSEIndustrials● Active

$904.28

$-36.20(-3.85%)

Market Cap$416.5B

P/E Ratio—

52W High$936.71

52W Low$345.85

Avg Volume2.5M

Open$929.93

Beta1.60

Overview

Caterpillar Inc. (CAT) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

CAT · net income · updated Jun 8, 2026

Core profitability metrics

CAT · net income · margin · TTM · CAGR

Net income was $8.87B for FY2025 (fiscal year ending 2025-12-31), down 17.8% year-over-year. Net profit margin was 13.1%. Based on available data, Caterpillar Inc. has been profitable since at least 2011.

FY2025 Net Income$8.87B▼ -17.8% YoY

Trailing 12M (TTM)$9.42Btrailing 4 quarters sum

Net Profit Margin13.1%$8.87B ÷ $67.59B

YoY Change-17.8%—

5-Year CAGR+24.2%FY2020 → FY2025

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · CAT net income history · CAT profit margin

Annual net income data

CAT · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025$8.87B▼ 17.8%13.1%$67.59B

FY2024$10.79B▲ +4.4%16.6%$64.81B

FY2023$10.34B▲ +54.1%15.4%$67.06B

FY2022$6.71B▲ +3.3%11.3%$59.43B

FY2021$6.49B▲ +116.4%12.7%$50.97B

Net income vs peers (Industrials)

CAT vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Caterpillar Inc.YOU

CAT

$8.87B-17.8%13.1%

100%

GE Aerospace

$8.70B+32.8%19.0%

98%

Union Pacific Corporation

Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Caterpillar Inc. (CAT) reported net income of $8.87B for FY2025 (fiscal year ending 2025-12-31), down 17.8% year-over-year. The net profit margin was 13.1% — meaning the company kept $0.13 of every dollar of revenue as profit.

Based on available data, Caterpillar Inc. has been profitable since at least 2011. Net income reached a peak of $10.79B in FY2024. Data available for 15 fiscal years.

Caterpillar Inc.'s net profit margin was 13.1% for FY2025, based on the latest annual results.

Investors sometimes search for "Caterpillar Inc. net worth" — the company's market capitalization is a separate figure from CAT net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

CAT net income · 5 questions

Caterpillar Inc. is profitable. The company reported net income of $8.87B for FY2025, a net profit margin of 13.1%. Net income was down 17.8% year-over-year. Based on available data, Caterpillar Inc. has been profitable since at least 2011.

is CAT profitabledoes CAT make a profitCAT profitabilityCAT profitable company

▸ Source: FMP /income-statement · GAAP · Caterpillar Inc. · Caterpillar Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026