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Caterpillar (CAT) Shares Outstanding (Diluted Average) (2016 - 2025)

Caterpillar has reported Shares Outstanding (Diluted Average) over the past 17 years, most recently at $472.3 million for Q4 2025.

  • Quarterly results put Shares Outstanding (Diluted Average) at $472.3 million for Q4 2025, down 3.49% from a year ago — trailing twelve months through Dec 2025 was $472.3 million (down 3.49% YoY), and the annual figure for FY2025 was $472.3 million, down 3.49%.
  • Shares Outstanding (Diluted Average) for Q4 2025 was $472.3 million at Caterpillar, roughly flat from $470.8 million in the prior quarter.
  • Over the last five years, Shares Outstanding (Diluted Average) for CAT hit a ceiling of $551.8 million in Q2 2021 and a floor of $470.8 million in Q3 2025.
  • Median Shares Outstanding (Diluted Average) over the past 5 years was $516.4 million (2023), compared with a mean of $513.4 million.
  • Biggest five-year swings in Shares Outstanding (Diluted Average): rose 1.34% in 2021 and later decreased 4.71% in 2024.
  • Caterpillar's Shares Outstanding (Diluted Average) stood at $548.5 million in 2021, then decreased by 3.3% to $530.4 million in 2022, then decreased by 3.17% to $513.6 million in 2023, then decreased by 4.71% to $489.4 million in 2024, then decreased by 3.49% to $472.3 million in 2025.
  • The last three reported values for Shares Outstanding (Diluted Average) were $472.3 million (Q4 2025), $470.8 million (Q3 2025), and $474.5 million (Q2 2025) per Business Quant data.