Caterpillar Inc (CAT)
Pretax margin
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 11,563,000 | 13,417,000 | 13,113,000 | 8,771,000 | 8,235,000 |
| Revenue | US$ in thousands | 67,589,000 | 64,809,000 | 67,060,000 | 59,427,000 | 50,971,000 |
| Pretax margin | 17.11% | 20.70% | 19.55% | 14.76% | 16.16% |
December 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $11,563,000K ÷ $67,589,000K
= 17.11%
Peer comparison
Dec 31, 2025
Company name
Symbol
Pretax margin
Caterpillar Inc
CAT
17.11%
Deere & Company
DE
13.70%
Lindsay Corporation
LNN
13.98%
Oshkosh Corporation
OSK
8.08%
PACCAR Inc
PCAR
10.63%