Caterpillar (CAT) Shares Outstanding (Diluted Average) (2009 - 2026)

Caterpillar (CAT) recorded quarterly Shares Outstanding (Diluted Average) of $465.8 million in Q1 2026, down 1.38% quarter-over-quarter from $472.3 million in Q4 2025, and down 2.37% on a YoY basis from $477.1 million in Q1 2025.

Caterpillar (CAT) Shares Outstanding (Diluted Average) (2009 - 2026) Analysis & Trends

Caterpillar's Shares Outstanding (Diluted Average) history runs 18 years deep, the most recent figure standing at $465.8 million for Q1 2026.

  • In Q1 2026, Shares Outstanding (Diluted Average) fell 2.37% year-over-year to $465.8 million; the TTM figure through Mar 2026 stood at $465.8 million (down 2.37% YoY), while the FY2025 annual figure was $472.3 million, down 3.49% from the prior year.
  • Shares Outstanding (Diluted Average) was $465.8 million for Q1 2026 at Caterpillar, down from $472.3 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $538.3 million in Q1 2022 to a low of $465.8 million in Q1 2026.
  • Historically, Shares Outstanding (Diluted Average) has averaged $501.7 million across 5 years, with a median of $496.9 million in 2024.
  • The sharpest annual moves came in 2024 and 2026: Shares Outstanding (Diluted Average) declined 5.62% in 2024, then fell 2.37% in 2026.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $530.4 million in 2022, then retreated by 3.17% to $513.6 million in 2023, then retreated by 4.71% to $489.4 million in 2024, then retreated by 3.49% to $472.3 million in 2025, then retreated by 1.38% to $465.8 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $465.8 million (Q1 2026), $472.3 million (Q4 2025), and $473.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Caterpillar 397.22 Bn 393.14 Bn 6.11 Bn 465.80 Mn
2 Deere 151.61 Bn 143.71 Bn 13.06 Bn -
3 Paccar 60.18 Bn 59.49 Bn 1.36 Bn 527.40 Mn
4 Oshkosh 8.00 Bn 7.75 Bn 311.90 Mn -
5 Terex 5.74 Bn 5.35 Bn 206.00 Mn 96.10 Mn
6 Blue Bird 2.18 Bn 1.91 Bn 70.65 Mn 32.43 Mn
7 Alamo 1.82 Bn 1.62 Bn 104.81 Mn 12.10 Mn
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn -
9 Astec Industries 1.14 Bn 1.06 Bn 99.10 Mn 23.25 Mn
10 Hyster-Yale 613.93 Mn 618.23 Mn 124.80 Mn 17.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 465.80 Mn
Dec 31, 2025 472.30 Mn
Sep 30, 2025 473.40 Mn
Jun 30, 2025 471.50 Mn
Mar 31, 2025 477.10 Mn
Dec 31, 2024 489.40 Mn
Sep 30, 2024 486.70 Mn
Jun 30, 2024 493.30 Mn
Mar 31, 2024 496.90 Mn
Dec 31, 2023 513.60 Mn
Sep 30, 2023 515.70 Mn
Jun 30, 2023 517.10 Mn
Mar 31, 2023 519.40 Mn
Dec 31, 2022 530.40 Mn
Sep 30, 2022 533.20 Mn
Jun 30, 2022 534.10 Mn
Mar 31, 2022 538.30 Mn
Dec 31, 2021 548.50 Mn
Sep 30, 2021 547.60 Mn
Jun 30, 2021 552.10 Mn