Caterpillar (CAT) EBITDA (2009 - 2026)
Caterpillar's EBITDA came in at $4.91 billion for Q2 2026, up 43.8% from $3.41 billion a year earlier and up 33.5% from the prior quarter.
Caterpillar (CAT) EBITDA (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Caterpillar reported EBITDA of $15.47 billion, up 12.9% year-over-year; for FY2025, it was $13.41 billion, down 11.9% from FY2024.
- EBITDA carries a five-year compound annual growth rate of 13.9% (FY2020 to FY2025).
- Going back by year, EBITDA was $15.23 billion in FY2024 (+0.8%), $15.11 billion in FY2023 (+49.3%), $10.12 billion in FY2022 (+9.7%) and $9.23 billion in FY2021 (+32.1%).
- The Q2 2026 figure represents the highest quarterly EBITDA in data going back to Q1 2009.
- Year-over-year, EBITDA increased in two of the last eight quarters, with growth averaging 0.4%.
- The fastest year-over-year change in EBITDA over five years came in Q2 2023 (growth of 68.0%), and the weakest in Q1 2025 (a decline of 22.9%).
- Business Quant data shows CAT's EBITDA at $3.68 billion (Q1 2026), $3.26 billion (Q4 2025) and $3.62 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.84 Bn | 323.53 Bn | 7.76 Bn | 4.91 Bn |
| 2 | Amphenol | 209.14 Bn | 203.72 Bn | 3.55 Bn | 2.93 Bn |
| 3 | Deere | 173.99 Bn | 142.08 Bn | 4.66 Bn | 2.46 Bn |
| 4 | Eaton | 165.20 Bn | 162.39 Bn | 2.86 Bn | 1.79 Bn |
| 5 | Parker-Hannifin | 120.55 Bn | 118.67 Bn | 2.25 Bn | 1.61 Bn |
| 6 | Emerson Electric | 90.75 Bn | 83.49 Bn | 2.66 Bn | 1.69 Bn |
| 7 | Vertiv Holdings | 90.61 Bn | 81.23 Bn | 1.23 Bn | 754.30 Mn |
| 8 | 3M | 83.78 Bn | 65.18 Bn | 2.68 Bn | 1.32 Bn |
| 9 | Illinois Tool Works | 75.74 Bn | 72.30 Bn | 1.90 Bn | 1.25 Bn |
| 10 | Cummins | 72.28 Bn | 68.36 Bn | 2.47 Bn | 1.56 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.91 Bn |
| Mar 31, 2026 | 3.68 Bn |
| Dec 31, 2025 | 3.26 Bn |
| Sep 30, 2025 | 3.62 Bn |
| Jun 30, 2025 | 3.41 Bn |
| Mar 31, 2025 | 3.12 Bn |
| Dec 31, 2024 | 3.48 Bn |
| Sep 30, 2024 | 3.69 Bn |
| Jun 30, 2024 | 4.01 Bn |
| Mar 31, 2024 | 4.04 Bn |
| Dec 31, 2023 | 3.68 Bn |
| Sep 30, 2023 | 3.97 Bn |
| Jun 30, 2023 | 4.19 Bn |
| Mar 31, 2023 | 3.26 Bn |
| Dec 31, 2022 | 2.24 Bn |
| Sep 30, 2022 | 2.98 Bn |
| Jun 30, 2022 | 2.50 Bn |
| Mar 31, 2022 | 2.41 Bn |
| Dec 31, 2021 | 2.20 Bn |
| Sep 30, 2021 | 2.26 Bn |
Caterpillar EBITDA 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=ebitda&ticker=CAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();