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