Caterpillar Inc (CAT)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 8,873,000 | 9,263,000 | 9,437,000 | 9,939,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 21,318,000 | 20,658,000 | 18,661,000 | 18,067,000 | 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 |
| ROE | 41.62% | 44.84% | 50.57% | 55.01% | 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% |
December 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $8,873,000K ÷ $21,318,000K
= 41.62%
Peer comparison
Dec 31, 2025
Company name
Symbol
ROE
Caterpillar Inc
CAT
41.62%
Deere & Company
DE
19.37%
Lindsay Corporation
LNN
13.90%
Oshkosh Corporation
OSK
6.42%
PACCAR Inc
PCAR
12.33%