Caterpillar (CAT) FCF Payout Ratio (2009 - 2026)
Caterpillar (CAT) posted quarterly FCF Payout Ratio of 0.62 for Q1 2026, down 47.12% year-over-year from 1.16 in Q1 2025, and up 134.81% quarter-over-quarter from 0.26 in Q4 2025.
Caterpillar (CAT) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Caterpillar's FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.62 for Q1 2026.
- In Q1 2026, FCF Payout Ratio fell 47.12% year-over-year to 0.62; the TTM figure through Mar 2026 stood at 0.29 (up 38.07% YoY), while the FY2025 annual figure was 0.31, up 25.91% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 0.62, up from 0.26 in the prior quarter.
- The five-year high for FCF Payout Ratio was 1.16 in Q1 2025, with the low at 0.54 in Q1 2024.
- The 5-year median for FCF Payout Ratio is 0.22 (2024), against an average of 0.21.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio jumped 440.59% in 2022, then plunged 246.53% in 2023.
- Caterpillar's FCF Payout Ratio stood at 0.27 in 2022, then dropped by 29.04% to 0.19 in 2023, then grew by 16.42% to 0.22 in 2024, then gained by 17.93% to 0.26 in 2025, then jumped by 134.81% to 0.62 in 2026.
- Business Quant data shows CAT's FCF Payout Ratio at 0.62 in Q1 2026, 0.26 in Q4 2025, and 0.23 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.84 Bn | 382.13 Bn | 7.76 Bn | -1.84 |
| 2 | Deere | 166.78 Bn | 158.87 Bn | 13.06 Bn | 0.41 |
| 3 | Paccar | 69.70 Bn | 61.03 Bn | 1.56 Bn | -0.26 |
| 4 | CNH Industrial | 13.24 Bn | 11.37 Bn | 1.41 Bn | 0.87 |
| 5 | Oshkosh | 9.73 Bn | 9.33 Bn | 480.30 Mn | 0.10 |
| 6 | Terex | 7.70 Bn | 7.29 Bn | 444.00 Mn | 0.21 |
| 7 | Agco | 7.21 Bn | 6.64 Bn | 645.90 Mn | 0.19 |
| 8 | Blue Bird | 2.28 Bn | 2.16 Bn | 103.37 Mn | - |
| 9 | Alamo | 2.06 Bn | 1.87 Bn | 110.86 Mn | 0.10 |
| 10 | Lindsay | 1.19 Bn | 1.04 Bn | 47.83 Mn | -2.70 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.84 |
| Mar 31, 2026 | 0.62 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.23 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 1.16 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.12 |
| Mar 31, 2024 | -0.54 |
| Dec 31, 2023 | 0.19 |
| Sep 30, 2023 | 0.07 |
| Jun 30, 2023 | -0.19 |
| Mar 31, 2023 | 0.54 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | -0.22 |
| Dec 31, 2021 | 0.06 |
| Sep 30, 2021 | -0.08 |