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| Date | Value |
|---|---|
| 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 |