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
DateValue
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