Caterpillar (CAT) Dividend Coverage Ratio (2009 - 2026)
Caterpillar (CAT) posted Dividend Coverage Ratio of 5.16 for Q2 2026, up 42.37% on a QoQ basis from 3.63 in Q1 2026, and up 56.84% year-over-year from 3.29 in Q2 2025.
Analysis
Caterpillar (CAT) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Caterpillar has reported Dividend Coverage Ratio for 18 years, with the latest figure at 5.16 in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio rose 56.84% year-over-year to 5.16 in Q2 2026; TTM through Jun 2026 was 3.86, a 10.29% increase from a year earlier, with the FY2025 full-year figure at 3.23, down 20.76% from the prior year.
- Dividend Coverage Ratio was 5.16 for Q2 2026 at Caterpillar, up from 3.63 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 5.16 in Q2 2026, with the low at 2.35 in Q4 2022.
- Average Dividend Coverage Ratio over 5 years is 3.62, with a median of 3.5 recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Dividend Coverage Ratio plunged 33.74% in 2022, then jumped 72.37% in 2023.
- Over 5 years, Dividend Coverage Ratio stood at 2.35 in 2022, then jumped by 72.37% to 4.04 in 2023, then climbed by 1.54% to 4.1 in 2024, then slipped by 17.11% to 3.4 in 2025, then soared by 51.73% to 5.16 in 2026.
- The last three Dividend Coverage Ratio figures came in at 5.16 (Q2 2026), 3.63 (Q1 2026), and 3.4 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.13 Bn | 367.42 Bn | 7.76 Bn | 5.16 |
| 2 | Cummins | 77.17 Bn | 73.56 Bn | 2.47 Bn | 3.38 |
| 3 | Paccar | 65.64 Bn | 56.97 Bn | 1.56 Bn | 4.08 |
| 4 | Borgwarner | 13.75 Bn | 11.48 Bn | 721.00 Mn | 8.56 |
| 5 | Allison Transmission Holdings | 10.84 Bn | 10.44 Bn | 515.00 Mn | 7.54 |
| 6 | Oshkosh | 9.71 Bn | 9.31 Bn | 480.30 Mn | 5.16 |
| 7 | Federal Signal | 7.29 Bn | 7.22 Bn | 203.80 Mn | 9.46 |
| 8 | Terex | 7.23 Bn | 6.82 Bn | 444.00 Mn | 5.50 |
| 9 | Dana | 3.45 Bn | 3.18 Bn | 210.00 Mn | -0.38 |
| 10 | Phinia | 2.53 Bn | 2.16 Bn | 216.00 Mn | 3.64 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.16 |
| Mar 31, 2026 | 3.63 |
| Dec 31, 2025 | 3.40 |
| Sep 30, 2025 | 3.25 |
| Jun 30, 2025 | 3.29 |
| Mar 31, 2025 | 2.97 |
| Dec 31, 2024 | 4.10 |
| Sep 30, 2024 | 3.61 |
| Jun 30, 2024 | 4.22 |
| Mar 31, 2024 | 4.41 |
| Dec 31, 2023 | 4.04 |
| Sep 30, 2023 | 4.21 |
| Jun 30, 2023 | 4.73 |
| Mar 31, 2023 | 3.13 |
| Dec 31, 2022 | 2.35 |
| Sep 30, 2022 | 3.22 |
| Jun 30, 2022 | 2.83 |
| Mar 31, 2022 | 2.58 |
| Dec 31, 2021 | 3.54 |
| Sep 30, 2021 | 2.35 |