Caterpillar (CAT) Retained Earnings (2009 - 2026)
Caterpillar (CAT) posted Retained Earnings of $70.14 billion for Q2 2026, up 12.8% from $62.16 billion a year earlier and up 3.2% from the prior quarter.
Caterpillar (CAT) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Caterpillar's Retained Earnings came in at $65.45 billion, up 10.3% from FY2024.
- Annual Retained Earnings has increased for eight consecutive years, with a five-year compound annual growth rate of 13.2% (FY2020 to FY2025).
- In prior years, Caterpillar's Retained Earnings was $59.35 billion in FY2024 (+15.8%), $51.25 billion in FY2023 (+17.8%), $43.51 billion in FY2022 (+10.8%) and $39.28 billion in FY2021 (+11.7%).
- The Q2 2026 figure stands as the highest quarterly Retained Earnings in data going back to Q2 2009.
- On a year-over-year basis, Retained Earnings has increased in each of the last 34 quarters, with growth averaging 12.8% over the last eight quarters.
- Across the past five years, year-over-year growth in Retained Earnings ran from 8.0% in Q3 2021 to 19.0% in Q1 2024.
- According to Business Quant data, Retained Earnings for the three prior quarters was $68 billion (Q1 2026), $65.45 billion (Q4 2025) and $64.46 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.84 Bn | 323.53 Bn | 7.76 Bn | 70.14 Bn |
| 2 | Amphenol | 209.14 Bn | 203.72 Bn | 3.55 Bn | 11.64 Bn |
| 3 | Deere | 173.99 Bn | 142.08 Bn | 4.66 Bn | 62.17 Bn |
| 4 | Eaton | 165.20 Bn | 162.39 Bn | 2.86 Bn | 11.53 Bn |
| 5 | Parker-Hannifin | 120.55 Bn | 118.67 Bn | 2.25 Bn | 24.49 Bn |
| 6 | Emerson Electric | 90.75 Bn | 83.49 Bn | 2.66 Bn | 41.58 Bn |
| 7 | Vertiv Holdings | 90.61 Bn | 81.23 Bn | 1.23 Bn | 1.87 Bn |
| 8 | 3M | 83.78 Bn | 65.18 Bn | 2.68 Bn | 38.63 Bn |
| 9 | Illinois Tool Works | 75.74 Bn | 72.30 Bn | 1.90 Bn | 30.81 Bn |
| 10 | Cummins | 72.28 Bn | 68.36 Bn | 2.47 Bn | 23.65 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.14 Bn |
| Mar 31, 2026 | 68.00 Bn |
| Dec 31, 2025 | 65.45 Bn |
| Sep 30, 2025 | 64.46 Bn |
| Jun 30, 2025 | 62.16 Bn |
| Mar 31, 2025 | 61.36 Bn |
| Dec 31, 2024 | 59.35 Bn |
| Sep 30, 2024 | 57.92 Bn |
| Jun 30, 2024 | 55.46 Bn |
| Mar 31, 2024 | 54.11 Bn |
| Dec 31, 2023 | 51.25 Bn |
| Sep 30, 2023 | 49.89 Bn |
| Jun 30, 2023 | 47.09 Bn |
| Mar 31, 2023 | 45.46 Bn |
| Dec 31, 2022 | 43.51 Bn |
| Sep 30, 2022 | 43.30 Bn |
| Jun 30, 2022 | 41.26 Bn |
| Mar 31, 2022 | 40.82 Bn |
| Dec 31, 2021 | 39.28 Bn |
| Sep 30, 2021 | 38.36 Bn |
Caterpillar Retained Earnings 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=retained-earnings&ticker=CAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();