Caterpillar Inc. (CAT) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Caterpillar Inc., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 30.12x | 16.36x | 14.61x | 18.83x | 17.33x | 33.03x |
| P/B Ratio | 12.54x | 9.06x | 7.74x | 7.95x | 6.82x | 6.46x |
| P/S Ratio | 3.95x | 2.72x | 2.25x | 2.12x | 2.21x | 2.37x |
| Profitability | ||||||
| Gross Margin | 32.3% | 36.0% | 34.7% | 29.5% | 29.4% | 28.9% |
| Operating Margin | 16.6% | 20.2% | 19.3% | 13.3% | 13.5% | 10.9% |
| Net Margin | 13.1% | 16.7% | 15.4% | 11.3% | 12.7% | 7.2% |
| EBITDA Margin | 22.0% | 24.7% | 23.4% | 19.2% | 21.7% | 16.6% |
| Liquidity | ||||||
| Current Ratio | 1.44x | 1.42x | 1.35x | 1.39x | 1.46x | 1.53x |
| Quick Ratio | 0.94x | 0.89x | 0.87x | 0.87x | 0.99x | 1.09x |
| Leverage | ||||||
| Debt/Equity | 2.03x | 1.97x | 1.94x | 2.33x | 2.29x | 2.42x |
YoY = year-over-year change. Source: FMP..