Caterpillar (CAT) EBIT Margin (2009 - 2026)
Caterpillar (CAT) posted quarterly EBIT Margin of 17.71% for Q1 2026, down 38.0% year-over-year from 28.57% in Q1 2025, and up 27.42% quarter-over-quarter from 13.9% in Q4 2025.
Caterpillar (CAT) EBIT Margin (2009 - 2026) Analysis & Trends
Caterpillar's EBIT Margin history runs 18 years deep, the most recent figure standing at 17.71% for Q1 2026.
- In Q1 2026, EBIT Margin fell 38.0% year-over-year to 17.71%; the TTM figure through Mar 2026 stood at 16.48% (down 270.0% YoY), while the FY2025 annual figure was 16.5%, down 367.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 17.71%, up from 13.9% in the prior quarter.
- The five-year high for EBIT Margin was 22.27% in Q1 2024, with the low at 10.12% in Q4 2022.
- The 5-year median for EBIT Margin is 17.71% (2026), against an average of 17.4%.
- The sharpest annual moves came in 2023 and 2025: EBIT Margin surged 824 bps in 2023, then slumped 417 bps in 2025.
- Caterpillar's EBIT Margin stood at 10.12% in 2022, then soared by 81 bps to 18.36% in 2023, then fell by 2 bps to 18.03% in 2024, then declined by 23 bps to 13.9% in 2025, then rose by 27 bps to 17.71% in 2026.
- Business Quant data shows CAT's EBIT Margin at 17.71% in Q1 2026, 13.9% in Q4 2025, and 17.3% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 389.45 Bn | 382.74 Bn | 7.76 Bn | 20.91% |
| 2 | Deere | 166.73 Bn | 158.83 Bn | 13.06 Bn | 1.88% |
| 3 | Paccar | 69.75 Bn | 61.09 Bn | 1.56 Bn | -61.85% |
| 4 | CNH Industrial | 13.35 Bn | 11.48 Bn | 1.41 Bn | 13.66% |
| 5 | Oshkosh | 9.77 Bn | 9.37 Bn | 480.30 Mn | 8.34% |
| 6 | Terex | 7.65 Bn | 7.25 Bn | 444.00 Mn | 8.36% |
| 7 | Agco | 7.25 Bn | 6.68 Bn | 645.90 Mn | 5.39% |
| 8 | Blue Bird | 2.25 Bn | 2.14 Bn | 103.37 Mn | 12.12% |
| 9 | Alamo | 2.08 Bn | 1.88 Bn | 110.86 Mn | 10.15% |
| 10 | Lindsay | 1.20 Bn | 1.04 Bn | 47.83 Mn | 11.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.91% |
| Mar 31, 2026 | 17.71% |
| Dec 31, 2025 | 13.90% |
| Sep 30, 2025 | 17.30% |
| Jun 30, 2025 | 17.26% |
| Mar 31, 2025 | 18.10% |
| Dec 31, 2024 | 18.03% |
| Sep 30, 2024 | 19.54% |
| Jun 30, 2024 | 20.86% |
| Mar 31, 2024 | 22.27% |
| Dec 31, 2023 | 18.36% |
| Sep 30, 2023 | 20.52% |
| Jun 30, 2023 | 21.09% |
| Mar 31, 2023 | 17.22% |
| Dec 31, 2022 | 10.12% |
| Sep 30, 2022 | 16.17% |
| Jun 30, 2022 | 13.64% |
| Mar 31, 2022 | 13.65% |
| Dec 31, 2021 | 11.68% |
| Sep 30, 2021 | 13.42% |