Caterpillar (CAT) Return on Equity [ROE] (2009 - 2026)
Caterpillar's Return on Equity [ROE] came in at 57.87% for Q3 2026, up 10.72 percentage points from 47.15% a year earlier and up 0.90 percentage points from the prior quarter.
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Analysis
Caterpillar (CAT) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Caterpillar's Return on Equity [ROE] was 43.53%, down 11.80 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of +23.51 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 55.33% in FY2024 (-3.06 pp), 58.38% in FY2023 (+17.01 pp), 41.37% in FY2022 (+0.66 pp) and 40.72% in FY2021 (+20.70 pp).
- The Q3 2026 figure represents the highest quarterly Return on Equity [ROE] since Q3 2024.
- Year-over-year, Return on Equity [ROE] increased in three of the last eight quarters, with an average year-over-year change of -3.69 percentage points.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q4 2021 (a gain of 19.33 percentage points), and the weakest in Q4 2025 (a drop of 13.15 percentage points).
- Business Quant data shows CAT's Return on Equity [ROE] at 56.98% (Q2 2026), 47.16% (Q1 2026) and 42.32% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 57.87% |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 36.42% |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 17.59% |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 18.89% |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 23.66% |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 101.25% |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 12.67% |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 106.94% |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 40.90% |
| 10 | Tenaris | 62.09 Bn | 33.35 Bn | 1.07 Bn | 11.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 57.87% |
| Jun 30, 2026 | 56.98% |
| Mar 31, 2026 | 47.16% |
| Dec 31, 2025 | 42.32% |
| Sep 30, 2025 | 47.15% |
| Jun 30, 2025 | 51.37% |
| Mar 31, 2025 | 52.91% |
| Dec 31, 2024 | 55.47% |
| Sep 30, 2024 | 58.41% |
| Jun 30, 2024 | 63.26% |
| Mar 31, 2024 | 60.54% |
| Dec 31, 2023 | 51.65% |
| Sep 30, 2023 | 47.02% |
| Jun 30, 2023 | 45.90% |
| Mar 31, 2023 | 41.74% |
| Dec 31, 2022 | 42.55% |
| Sep 30, 2022 | 46.97% |
| Jun 30, 2022 | 41.14% |
| Mar 31, 2022 | 38.67% |
| Dec 31, 2021 | 39.10% |
API Access
Caterpillar Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();