Caterpillar Inc (CAT)
Pretax margin
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 11,563,000 | 11,790,000 | 11,760,000 | 12,452,000 | 13,417,000 | 13,424,000 | 13,846,000 | 14,005,000 | 13,113,000 | 11,951,000 | 10,991,000 | 9,415,000 | 8,771,000 | 9,222,000 | 8,451,000 | 8,235,000 | 8,235,000 | 6,633,000 | 5,695,000 | 4,497,000 |
| Revenue (ttm) | US$ in thousands | 67,589,000 | 64,671,000 | 63,139,000 | 63,259,000 | 64,809,000 | 65,664,000 | 66,368,000 | 66,997,000 | 67,060,000 | 66,587,000 | 64,771,000 | 61,700,000 | 59,427,000 | 56,628,000 | 54,031,000 | 52,673,000 | 50,971,000 | 48,408,000 | 45,892,000 | 43,000,000 |
| Pretax margin | 17.11% | 18.23% | 18.63% | 19.68% | 20.70% | 20.44% | 20.86% | 20.90% | 19.55% | 17.95% | 16.97% | 15.26% | 14.76% | 16.29% | 15.64% | 15.63% | 16.16% | 13.70% | 12.41% | 10.46% |
December 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $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
13.92%
Lindsay Corporation
LNN
13.98%
Oshkosh Corporation
OSK
8.08%
PACCAR Inc
PCAR
10.63%