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

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.