Caterpillar (CAT) Tax Provisions (2009 - 2026)
Caterpillar (CAT) reported Tax Provisions of $1.06 billion for Q2 2026, up 63.3% from $646 million a year earlier and up 57.5% from the prior quarter.
Caterpillar (CAT) Tax Provisions (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Caterpillar's Tax Provisions came in at $3.27 billion, up 40.8% year-over-year; for FY2025, it was $2.77 billion, up 5.3% from FY2024.
- Tax Provisions has a five-year compound annual growth rate of 22.4% (FY2020 to FY2025).
- By year, Tax Provisions came in at $2.63 billion in FY2024 (-5.5%), $2.78 billion in FY2023 (+34.5%), $2.07 billion in FY2022 (+18.7%) and $1.74 billion in FY2021 (+73.2%).
- The Q2 2026 figure ranks as the highest quarterly Tax Provisions since Q4 2017.
- Year over year, Tax Provisions has now increased in each of the last four quarters, with growth averaging 11.4% over the last eight quarters.
- The high point for year-over-year Tax Provisions in five years was Q4 2021 (growth of 156.9%); the low point was Q2 2025 (a decline of 22.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $670 million (Q1 2026), $712 million (Q4 2025) and $836 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.84 Bn | 323.53 Bn | 7.76 Bn | 1.06 Bn |
| 2 | Amphenol | 209.14 Bn | 203.72 Bn | 3.55 Bn | 604.30 Mn |
| 3 | Deere | 173.99 Bn | 142.08 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 165.20 Bn | 162.39 Bn | 2.86 Bn | 321.00 Mn |
| 5 | Parker-Hannifin | 120.55 Bn | 118.67 Bn | 2.25 Bn | 248.00 Mn |
| 6 | Emerson Electric | 90.75 Bn | 83.49 Bn | 2.66 Bn | 198.00 Mn |
| 7 | Vertiv Holdings | 90.61 Bn | 81.23 Bn | 1.23 Bn | 122.20 Mn |
| 8 | 3M | 83.78 Bn | 65.18 Bn | 2.68 Bn | 183.00 Mn |
| 9 | Illinois Tool Works | 75.74 Bn | 72.30 Bn | 1.90 Bn | 265.00 Mn |
| 10 | Cummins | 72.28 Bn | 68.36 Bn | 2.47 Bn | 325.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.06 Bn |
| 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 |
Caterpillar Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=CAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "CAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();