Caterpillar Inc (CAT)

Return on equity (ROE)

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 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 10,792,000 10,677,000 11,007,000 11,248,000 10,335,000 9,113,000 8,360,000 7,111,000 6,705,000 7,371,000 6,756,000 6,496,000 6,489,000 5,149,000 4,391,000 3,436,000 2,998,000 3,316,000 4,142,000 5,304,000
Total stockholders’ equity US$ in thousands 19,491,000 19,397,000 17,130,000 17,639,000 19,494,000 20,489,000 18,235,000 18,149,000 15,869,000 15,591,000 15,727,000 17,065,000 16,484,000 16,665,000 16,833,000 16,573,000 15,331,000 14,949,000 13,734,000 14,197,000
ROE 55.37% 55.04% 64.26% 63.77% 53.02% 44.48% 45.85% 39.18% 42.25% 47.28% 42.96% 38.07% 39.37% 30.90% 26.09% 20.73% 19.56% 22.18% 30.16% 37.36%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $10,792,000K ÷ $19,491,000K
= 55.37%

Caterpillar Inc's return on equity (ROE) has shown fluctuations over the provided period, ranging from 19.56% to 64.26%.

The ROE increased consistently from March 31, 2020, to June 30, 2021, reaching a peak of 42.96%. However, a decline was observed in the following quarters, with the ROE dropping to 39.37% by December 31, 2021.

From January 2022 to March 2023, there was a fluctuation in the ROE, with values ranging between 38.07% and 53.02%. Notably, the ROE peaked again at 63.77% on March 31, 2024, indicating a significant improvement in profitability.

In the subsequent quarters, the ROE remained above 50%, indicating a strong performance. Overall, Caterpillar Inc's ROE demonstrates a fluctuating yet generally positive trend, indicating the company's ability to generate profit from shareholders' equity efficiently.


Peer comparison

Dec 31, 2024

Company name
Symbol
ROE
Caterpillar Inc
CAT
55.37%
Astec Industries Inc
ASTE
0.67%
CNH Industrial N.V.
CNH
17.16%

See also:

Caterpillar Inc Return on Equity (ROE) (Quarterly Data)