Caterpillar (CAT) FCF Payout Ratio (2009 - 2026)
Caterpillar (CAT) posted FCF Payout Ratio of 1.84 for Q2 2026, down 429.07% on a QoQ basis from 0.35 in Q1 2026, and down 103.87% year-over-year from 47.52 in Q2 2025.
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Analysis
Caterpillar (CAT) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Caterpillar has reported FCF Payout Ratio for 18 years, with the latest figure at 1.84 in Q2 2026.
- On a quarterly basis, FCF Payout Ratio fell 103.87% year-over-year to 1.84 in Q2 2026; TTM through Jun 2026 was 0.84, a 14.15% decrease from a year earlier, with the FY2025 full-year figure at 0.77, up 2.36% from the prior year.
- FCF Payout Ratio was 1.84 for Q2 2026 at Caterpillar, down from 0.35 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.22 in Q1 2022, with the low at 13.53 in Q3 2023.
- Average FCF Payout Ratio over 5 years is 2.15, with a median of 0.89 recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: FCF Payout Ratio sank 1456.13% in 2023, then jumped 88.58% in 2024.
- Over 5 years, FCF Payout Ratio stood at 1.06 in 2022, then sank by 723.29% to 8.71 in 2023, then surged by 86.03% to 1.22 in 2024, then rose by 25.02% to 0.91 in 2025, then tumbled by 101.86% to 1.84 in 2026.
- The last three FCF Payout Ratio figures came in at 1.84 (Q2 2026), 0.35 (Q1 2026), and 0.91 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | - |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 0.26 |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | - |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | 0.51 |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 0.16 |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 0.03 |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 0.53 |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 0.24 |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 0.73 |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn | 0.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.84 |
| Mar 31, 2026 | -0.35 |
| Dec 31, 2025 | -0.91 |
| Sep 30, 2025 | -4.34 |
| Jun 30, 2025 | -0.90 |
| Mar 31, 2025 | -0.35 |
| Dec 31, 2024 | -1.22 |
| Sep 30, 2024 | -1.55 |
| Jun 30, 2024 | -0.54 |
| Mar 31, 2024 | -0.54 |
| Dec 31, 2023 | -8.71 |
| Sep 30, 2023 | -13.53 |
| Jun 30, 2023 | -0.88 |
| Mar 31, 2023 | -0.43 |
| Dec 31, 2022 | -1.06 |
| Sep 30, 2022 | -0.87 |
| Jun 30, 2022 | -0.40 |
| Mar 31, 2022 | -0.22 |
| Dec 31, 2021 | -0.30 |
| Sep 30, 2021 | -0.37 |
API Access
Caterpillar FCF Payout Ratio 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-payout-ratio&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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-payout-ratio&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();