Caterpillar (CAT) EBT Margin (2009 - 2026)
Caterpillar (CAT) recorded EBT Margin of 22.19% in Q2 2026, up 5.18 percentage points from 17.01% a year earlier and up 3.75 percentage points from the prior quarter.
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Analysis
Caterpillar (CAT) EBT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Caterpillar's EBT Margin came in at 18.63% as of Jun 30, 2026, up 0.05 percentage points year-over-year; for FY2025, it came in at 17.08%, down 3.56 percentage points from FY2024.
- Annual EBT Margin has a five-year change of +7.51 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at 20.63% in FY2024 (+1.17 pp), 19.46% in FY2023 (+4.73 pp), 14.73% in FY2022 (-1.37 pp) and 16.10% in FY2021 (+6.53 pp).
- The Q2 2026 figure is the highest quarterly EBT Margin since Q1 2024.
- On a year-over-year basis, EBT Margin rose in three of the last eight quarters, with an average year-over-year change of -1.14 percentage points.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 10.19 percentage points in Q4 2021, against a drop of 5.92 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 18.44% (Q1 2026), 15.82% (Q4 2025) and 17.73% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.94 Bn | 323.64 Bn | 7.76 Bn | 22.19% |
| 2 | Amphenol | 209.39 Bn | 203.97 Bn | 3.55 Bn | 27.27% |
| 3 | Deere | 174.05 Bn | 142.14 Bn | 4.66 Bn | 14.93% |
| 4 | Eaton | 165.12 Bn | 162.30 Bn | 2.86 Bn | 13.41% |
| 5 | Parker-Hannifin | 120.51 Bn | 118.63 Bn | 2.25 Bn | 23.28% |
| 6 | Emerson Electric | 90.72 Bn | 83.46 Bn | 2.66 Bn | 18.80% |
| 7 | Vertiv Holdings | 90.08 Bn | 80.70 Bn | 1.23 Bn | 18.94% |
| 8 | 3M | 83.97 Bn | 65.37 Bn | 2.68 Bn | 17.23% |
| 9 | Illinois Tool Works | 75.88 Bn | 72.44 Bn | 1.90 Bn | 25.11% |
| 10 | Cummins | 72.44 Bn | 68.52 Bn | 2.47 Bn | 13.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.19% |
| Mar 31, 2026 | 18.44% |
| Dec 31, 2025 | 15.82% |
| Sep 30, 2025 | 17.73% |
| Jun 30, 2025 | 17.01% |
| Mar 31, 2025 | 18.04% |
| Dec 31, 2024 | 20.00% |
| Sep 30, 2024 | 19.24% |
| Jun 30, 2024 | 20.97% |
| Mar 31, 2024 | 22.36% |
| Dec 31, 2023 | 19.03% |
| Sep 30, 2023 | 20.91% |
| Jun 30, 2023 | 21.09% |
| Mar 31, 2023 | 16.61% |
| Dec 31, 2022 | 12.65% |
| Sep 30, 2022 | 17.06% |
| Jun 30, 2022 | 14.71% |
| Mar 31, 2022 | 14.71% |
| Dec 31, 2021 | 18.57% |
| Sep 30, 2021 | 14.32% |
API Access
Caterpillar EBT Margin 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=ebt-margin&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();