Caterpillar (CAT) Dividend Coverage Ratio (2009 - 2026)
Caterpillar's (CAT) Dividend Coverage Ratio came in at 5.16 for Q2 2026, up 56.8% from 3.29 a year earlier and up 42.4% from the prior quarter.
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Analysis
Caterpillar (CAT) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Dividend Coverage Ratio at Caterpillar was 3.86, up 10.3% year-over-year; for FY2025, it was 3.23, down 20.8% from FY2024.
- In prior years, Caterpillar's Dividend Coverage Ratio was 4.08 in FY2024 (+1.1%), 4.03 in FY2023 (+46.7%), 2.75 in FY2022 (-1.2%) and 2.78 in FY2021 (+108.2%).
- The Q2 2026 figure stands as the highest quarterly Dividend Coverage Ratio since Q2 2012.
- On a year-over-year basis, Dividend Coverage Ratio increased in three of the last eight quarters, with an average decline of 1.9%.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q4 2021, with growth of 154.1%; the weakest was Q4 2022, with a decline of 33.7%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior quarters was 3.63 (Q1 2026), 3.40 (Q4 2025) and 3.25 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.94 Bn | 323.64 Bn | 7.76 Bn | 5.16 |
| 2 | Amphenol | 209.39 Bn | 203.97 Bn | 3.55 Bn | 5.76 |
| 3 | Deere | 174.05 Bn | 142.14 Bn | 4.66 Bn | 3.15 |
| 4 | Eaton | 165.12 Bn | 162.30 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.51 Bn | 118.63 Bn | 2.25 Bn | - |
| 6 | Emerson Electric | 90.72 Bn | 83.46 Bn | 2.66 Bn | 2.31 |
| 7 | Vertiv Holdings | 90.08 Bn | 80.70 Bn | 1.23 Bn | - |
| 8 | 3M | 83.97 Bn | 65.37 Bn | 2.68 Bn | 2.33 |
| 9 | Illinois Tool Works | 75.88 Bn | 72.44 Bn | 1.90 Bn | 1.76 |
| 10 | Cummins | 72.44 Bn | 68.52 Bn | 2.47 Bn | - |
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 |
API Access
Caterpillar Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "CAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();