Caterpillar (CAT) Payout Ratio (2009 - 2026)
Caterpillar (CAT) posted Payout Ratio of 0.19 for Q2 2026, down 29.76% on a QoQ basis from 0.28 in Q1 2026, and down 36.24% year-over-year from 0.3 in Q2 2025.
Caterpillar (CAT) Payout Ratio (2009 - 2026) Analysis & Trends
Caterpillar has reported Payout Ratio for 18 years, with the latest figure at 0.19 in Q2 2026.
- On a quarterly basis, Payout Ratio fell 36.24% year-over-year to 0.19 in Q2 2026; TTM through Jun 2026 was 0.26, a 9.33% decrease from a year earlier, with the FY2025 full-year figure at 0.31, up 26.21% from the prior year.
- Payout Ratio was 0.19 for Q2 2026 at Caterpillar, down from 0.28 in the prior quarter.
- The five-year high for Payout Ratio was 0.43 in Q4 2022, with the low at 0.19 in Q2 2026.
- Average Payout Ratio over 5 years is 0.29, with a median of 0.29 recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Payout Ratio soared 50.92% in 2022, then sank 41.98% in 2023.
- Over 5 years, Payout Ratio stood at 0.43 in 2022, then tumbled by 41.98% to 0.25 in 2023, then retreated by 1.51% to 0.24 in 2024, then grew by 20.64% to 0.29 in 2025, then slumped by 34.09% to 0.19 in 2026.
- The last three Payout Ratio figures came in at 0.19 (Q2 2026), 0.28 (Q1 2026), and 0.29 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.19 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.34 |
| Dec 31, 2024 | 0.24 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.43 |
| Sep 30, 2022 | 0.31 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 0.39 |
| Dec 31, 2021 | 0.28 |
| Sep 30, 2021 | 0.43 |
Caterpillar 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=payout-ratio&ticker=CAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=payout-ratio&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();