Caterpillar (CAT) Interest Coverage Ratio (2009 - 2026)
Caterpillar's (CAT) Interest Coverage Ratio was 8.64 for Q2 2026, up 39.6% from 6.19 a year earlier and up 34.2% from the prior quarter.
Powered by 
Analysis
Caterpillar (CAT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Caterpillar's Interest Coverage Ratio came in at 6.77, up 6.5% year-over-year; for FY2025, it came in at 5.99, down 17.6% from FY2024.
- By year, Interest Coverage Ratio came in at 7.27 in FY2024 (-13.6%), 8.41 in FY2023 (+7.3%), 7.84 in FY2022 (+7.5%) and 7.29 in FY2021 (+76.7%).
- The Q2 2026 figure ranks as the highest quarterly Interest Coverage Ratio since Q2 2023.
- Year over year, Interest Coverage Ratio gained in two of the last eight quarters, with an average decline of 6.4%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q3 2021 (growth of 105.0%); the low point was Q1 2025 (a decline of 26.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.44 (Q1 2026), 5.56 (Q4 2025) and 6.37 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 8.21 |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 14.23 |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 8.03 |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 8.19 |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | - |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | - |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 14.18 |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 153.72 |
| 10 | Tenaris | 62.09 Bn | 33.35 Bn | 1.07 Bn | 51.93 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.21 |
| Jun 30, 2026 | 8.64 |
| Mar 31, 2026 | 6.44 |
| Dec 31, 2025 | 5.56 |
| Sep 30, 2025 | 6.37 |
| Jun 30, 2025 | 6.19 |
| Mar 31, 2025 | 5.83 |
| Dec 31, 2024 | 6.57 |
| Sep 30, 2024 | 6.83 |
| Jun 30, 2024 | 7.72 |
| Mar 31, 2024 | 7.98 |
| Dec 31, 2023 | 7.57 |
| Sep 30, 2023 | 8.43 |
| Jun 30, 2023 | 9.82 |
| Mar 31, 2023 | 7.89 |
| Dec 31, 2022 | 5.51 |
| Sep 30, 2022 | 9.33 |
| Jun 30, 2022 | 8.53 |
| Mar 31, 2022 | 8.63 |
| Dec 31, 2021 | 7.49 |
API Access
Caterpillar Interest Coverage 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=interest-coverage-ratio&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();