Caterpillar (CAT) Tax Rate (2009 - 2026)

Caterpillar's Tax Rate history runs 18 years deep, the most recent figure standing at 20.87% for Q1 2026.

• In Q1 2026, Tax Rate fell 147.0% year-over-year to 20.87%; the TTM figure through Mar 2026 stood at 23.51% (up 325.0% YoY), while the FY2025 annual figure was 23.98%, up 433.0% from the prior year.
• Tax Rate for Q1 2026 stood at 20.87%, down from 23.53% in the prior quarter.
• The five-year high for Tax Rate was 30.68% in Q4 2022, with the low at 14.28% in Q4 2024.
• The 5-year median for Tax Rate is 20.88% (2023), against an average of 22.13%.
• The sharpest annual moves came in 2022 and 2023: Tax Rate soared 1394 bps in 2022, then slumped 1261 bps in 2023.
• Caterpillar's Tax Rate stood at 30.68% in 2022, then plunged by 41 bps to 18.07% in 2023, then fell by 21 bps to 14.28% in 2024, then surged by 65 bps to 23.53% in 2025, then decreased by 11 bps to 20.87% in 2026.
• Business Quant data shows CAT's Tax Rate at 20.87% in Q1 2026, 23.53% in Q4 2025, and 26.73% in Q3 2025.