Caterpillar (CAT) Tax Provisions (2009 - 2026)
Caterpillar (CAT) recorded quarterly Tax Provisions of $670.0 million in Q1 2026, down 5.9% quarter-over-quarter from $712.0 million in Q4 2025, and up 16.72% on a YoY basis from $574.0 million in Q1 2025.
Caterpillar (CAT) Tax Provisions (2009 - 2026) Analysis & Trends
Caterpillar's Tax Provisions history runs 18 years deep, the most recent figure standing at $670.0 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 16.72% year-over-year to $670.0 million; the TTM figure through Mar 2026 stood at $2.9 billion (up 13.88% YoY), while the FY2025 annual figure was $2.8 billion, up 5.29% from the prior year.
- Tax Provisions was $670.0 million for Q1 2026 at Caterpillar, down from $712.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $836.0 million in Q2 2024 to a low of $427.0 million in Q2 2022.
- Historically, Tax Provisions has averaged $642.1 million across 5 years, with a median of $646.0 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Tax Provisions soared 76.11% in 2023, then fell 22.73% in 2025.
- A 5-year view of Tax Provisions shows it stood at $644.0 million in 2022, then decreased by 8.85% to $587.0 million in 2023, then decreased by 21.12% to $463.0 million in 2024, then soared by 53.78% to $712.0 million in 2025, then decreased by 5.9% to $670.0 million in 2026.
- The last three Tax Provisions figures came in at $670.0 million (Q1 2026), $712.0 million (Q4 2025), and $836.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 424.10 Bn | 420.03 Bn | 6.11 Bn | 670.00 Mn |
| 2 | Deere | 156.25 Bn | 148.36 Bn | 13.06 Bn | 518.00 Mn |
| 3 | Paccar | 63.14 Bn | 62.45 Bn | 1.36 Bn | 171.00 Mn |
| 4 | Oshkosh | 8.32 Bn | 8.07 Bn | 311.90 Mn | 10.50 Mn |
| 5 | Terex | 6.12 Bn | 5.73 Bn | 206.00 Mn | -33.00 Mn |
| 6 | Blue Bird | 2.24 Bn | 1.97 Bn | 70.65 Mn | 9.10 Mn |
| 7 | Alamo | 1.85 Bn | 1.65 Bn | 104.81 Mn | 9.86 Mn |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 3.50 Mn |
| 9 | Astec Industries | 1.18 Bn | 1.11 Bn | 99.10 Mn | 1.50 Mn |
| 10 | Hyster-Yale | 619.64 Mn | 623.94 Mn | 124.80 Mn | -1.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 670.00 Mn |
| Dec 31, 2025 | 712.00 Mn |
| Sep 30, 2025 | 836.00 Mn |
| Jun 30, 2025 | 646.00 Mn |
| Mar 31, 2025 | 574.00 Mn |
| Dec 31, 2024 | 463.00 Mn |
| Sep 30, 2024 | 642.00 Mn |
| Jun 30, 2024 | 836.00 Mn |
| Mar 31, 2024 | 688.00 Mn |
| Dec 31, 2023 | 587.00 Mn |
| Sep 30, 2023 | 734.00 Mn |
| Jun 30, 2023 | 752.00 Mn |
| Mar 31, 2023 | 708.00 Mn |
| Dec 31, 2022 | 644.00 Mn |
| Sep 30, 2022 | 527.00 Mn |
| Jun 30, 2022 | 427.00 Mn |
| Mar 31, 2022 | 469.00 Mn |
| Dec 31, 2021 | 429.00 Mn |
| Sep 30, 2021 | 368.00 Mn |
| Jun 30, 2021 | 470.00 Mn |