Caterpillar (CAT) FCF Payout Ratio (2009 - 2026)

Caterpillar's FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.45 for Q1 2026.

• In Q1 2026, FCF Payout Ratio fell 60.96% year-over-year to 0.45; the TTM figure through Mar 2026 stood at 0.28 (up 0.65% YoY), while the FY2025 annual figure was 0.31, up 25.91% from the prior year.
• FCF Payout Ratio was 0.45 for Q1 2026 at Caterpillar, up from 0.26 in the prior quarter.
• In the past five years, FCF Payout Ratio ranged from a high of 1.16 in Q1 2025 to a low of 29.75 in Q1 2022.
• Historically, FCF Payout Ratio has averaged 1.44 across 5 years, with a median of 0.26 in 2025.
• Biggest YoY gain for FCF Payout Ratio was 573.68% in 2022; the steepest drop was 8972.06% in 2022.
• A 5-year view of FCF Payout Ratio shows it stood at 0.27 in 2022, then tumbled by 30.86% to 0.19 in 2023, then increased by 19.84% to 0.22 in 2024, then advanced by 17.93% to 0.26 in 2025, then surged by 73.34% to 0.45 in 2026.
• The last three FCF Payout Ratio figures came in at 0.45 (Q1 2026), 0.26 (Q4 2025), and 0.23 (Q3 2025), per Business Quant data.