Caterpillar
$845.42Change from previous close: +2.31%Absolute change: +$19.07
At a glance
- Revenue growth
- +4.29%
- 2025 vs 2024
- Net income growth
- −17.68%
- 2025 vs 2024
- Net margin
- 13.1%
- 2024: 16.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 11,739 | 12,035 | 12,885 | 7,766 | 7,198 | 6,327 | 6,912 | 6,558 | 5,706 | 5,639 |
| Depreciation and amortization | 2,197 | 2,153 | 2,144 | 2,219 | 2,352 | 2,432 | 2,577 | 2,766 | 2,877 | 3,034 |
| Capital expenditure | -4,286 | -3,215 | -3,092 | -2,599 | -2,472 | -2,115 | -2,669 | -2,916 | -2,336 | -2,928 |
| Investing cash flow | -4,707 | -2,453 | -5,871 | -2,541 | -3,084 | -1,485 | -1,928 | -3,212 | -966 | -1,780 |
| Financing cash flow | -3,899 | -9,565 | -6,932 | -7,281 | -4,188 | -3,755 | -4,538 | -3,650 | -3,657 | -3,143 |
| Dividends paid | -2,749 | -2,646 | -2,563 | -2,440 | -2,332 | -2,243 | -2,132 | -1,951 | -1,831 | -1,799 |
| Share repurchases | -5,263 | -7,737 | -4,975 | -4,230 | -2,668 | -1,130 | -4,047 | -3,798 | — | — |
| Debt issued | 12,211 | 10,283 | 8,257 | 7,076 | 10,477 | 10,431 | 9,841 | 9,669 | 9,063 | 5,255 |
| Debt repaid | -8,081 | -9,484 | -7,663 | -7,728 | -9,796 | -11,041 | -8,435 | -7,829 | -11,446 | -6,568 |
| Effect of exchange rates | -43.0 | -106 | -110 | -194 | -29.0 | -13.0 | -44.0 | -126 | 38.0 | -28.0 |
| Net change in cash | 3,090 | -89.0 | -28.0 | -2,250 | -103 | 1,074 | 402 | -430 | 1,121 | 688 |
| Free cash flow | 7,453 | 8,820 | 9,793 | 5,167 | 4,726 | — | — | — | — | — |
| Levered free cash flow | 5,839 | 5,290 | 8,563 | 3,576 | 7,036 | 2,169 | 2,881 | 3,518 | 3,255 | 2,345 |