Caterpillar (CAT) Payout Ratio (2009 - 2026)
Caterpillar's Payout Ratio came in at 0.26 for Q2 2026, down 9.3% from 0.29 a year earlier and down 12.0% from the prior quarter.
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Analysis
Caterpillar (CAT) Payout Ratio (2009 - 2026) Analysis & Trends
For FY2025, Caterpillar's Payout Ratio was 0.31, up 26.2% from FY2024.
- Going back by year, Payout Ratio was 0.25 in FY2024 (-1.1%), 0.25 in FY2023 (-31.9%), 0.36 in FY2022 (+1.3%) and 0.36 in FY2021 (-52.0%).
- The Q2 2026 figure represents the lowest quarterly Payout Ratio since Q4 2024.
- Year-over-year, Payout Ratio increased in five of the last eight quarters, with growth averaging 8.9%.
- The fastest year-over-year change in Payout Ratio over five years came in Q4 2025 (growth of 26.2%), and the weakest in Q4 2021 (a decline of 52.0%).
- Business Quant data shows CAT's Payout Ratio at 0.29 (Q1 2026), 0.31 (Q4 2025) and 0.29 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 282.34 Bn | 282.34 Bn | - |
| 2 | Amphenol | 196.37 Bn | 189.89 Bn | 4.02 Bn |
| 3 | Deere | 180.40 Bn | 148.49 Bn | 4.66 Bn |
| 4 | Eaton | 142.03 Bn | 139.22 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 117.42 Bn | 115.55 Bn | 2.25 Bn |
| 6 | Emerson Electric | 93.00 Bn | 85.73 Bn | 2.66 Bn |
| 7 | 3M | 92.98 Bn | 74.42 Bn | 2.78 Bn |
| 8 | Vertiv Holdings | 86.47 Bn | 75.32 Bn | 1.64 Bn |
| 9 | Illinois Tool Works | 82.63 Bn | 79.31 Bn | 1.91 Bn |
| 10 | Cummins | 69.15 Bn | 65.22 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.26 |
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.36 |
| Sep 30, 2022 | 0.33 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 0.36 |
| Dec 31, 2021 | 0.36 |
| Sep 30, 2021 | 0.45 |
API Access
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_KEYimport 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();