Caterpillar Inc (CAT)
Operating return on assets (Operating ROA)
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 11,210,000 | 13,072,000 | 12,966,000 | 7,904,000 | 6,878,000 |
| Total assets | US$ in thousands | 98,585,000 | 87,764,000 | 87,476,000 | 81,943,000 | 82,793,000 |
| Operating ROA | 11.37% | 14.89% | 14.82% | 9.65% | 8.31% |
December 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $11,210,000K ÷ $98,585,000K
= 11.37%
Peer comparison
Dec 31, 2025
Company name
Symbol
Operating ROA
Caterpillar Inc
CAT
11.37%
Deere & Company
DE
8.89%
Lindsay Corporation
LNN
10.48%
Oshkosh Corporation
OSK
9.33%
PACCAR Inc
PCAR
6.68%