Caterpillar (CAT) FCF Margin (2009 - 2026)
Caterpillar (CAT) posted FCF Margin of 1.84% for Q2 2026, up 84.14% on a QoQ basis from 11.6% in Q1 2026, and up 258.0% year-over-year from 0.51% in Q2 2025.
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Analysis
Caterpillar (CAT) FCF Margin (2009 - 2026) Analysis & Trends
Caterpillar has reported FCF Margin for 18 years, with the latest figure at 1.84% in Q2 2026.
- On a quarterly basis, FCF Margin rose 258.0% year-over-year to 1.84% in Q2 2026; TTM through Jun 2026 was 4.46%, a 132.0% increase from a year earlier, with the FY2025 full-year figure at 5.31%, down 11.0% from the prior year.
- FCF Margin was 1.84% for Q2 2026 at Caterpillar, up from 11.6% in the prior quarter.
- The five-year high for FCF Margin was 0.29% in Q3 2023, with the low at 19.69% in Q1 2022.
- Average FCF Margin over 5 years is 6.09%, with a median of 4.24% recorded in 2023.
- The largest YoY upside for FCF Margin was 1087 bps in 2022 against a maximum downside of 1379 bps in 2022.
- Over 5 years, FCF Margin stood at 3.53% in 2022, then jumped by 87 bps to 0.45% in 2023, then slumped by 674 bps to 3.45% in 2024, then decreased by 17 bps to 4.05% in 2025, then surged by 55 bps to 1.84% in 2026.
- The last three FCF Margin figures came in at 1.84% (Q2 2026), 11.6% (Q1 2026), and 4.05% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | -1.84% |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 13.72% |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | -29.93% |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | 10.24% |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 27.16% |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 28.30% |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 11.74% |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 27.13% |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 14.67% |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn | 13.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.84% |
| Mar 31, 2026 | -11.60% |
| Dec 31, 2025 | -4.05% |
| Sep 30, 2025 | -0.92% |
| Jun 30, 2025 | -4.42% |
| Mar 31, 2025 | -13.47% |
| Dec 31, 2024 | -3.45% |
| Sep 30, 2024 | -2.74% |
| Jun 30, 2024 | -7.00% |
| Mar 31, 2024 | -7.62% |
| Dec 31, 2023 | -0.45% |
| Sep 30, 2023 | -0.29% |
| Jun 30, 2023 | -4.07% |
| Mar 31, 2023 | -9.12% |
| Dec 31, 2022 | -3.53% |
| Sep 30, 2022 | -4.86% |
| Jun 30, 2022 | -10.42% |
| Mar 31, 2022 | -19.69% |
| Dec 31, 2021 | -14.40% |
| Sep 30, 2021 | -13.39% |
API Access
Caterpillar FCF 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=fcf-margin&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();