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 was 20.87% for Q1 2026 at Caterpillar, down from 23.53% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 30.68% in Q4 2022 to a low of 14.28% in Q4 2024.
• Historically, Tax Rate has averaged 22.13% across 5 years, with a median of 20.88% in 2023.
• The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 1394 bps in 2022, then tumbled 1261 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 30.68% in 2022, then sank by 41 bps to 18.07% in 2023, then retreated by 21 bps to 14.28% in 2024, then soared by 65 bps to 23.53% in 2025, then slipped by 11 bps to 20.87% in 2026.
• The last three Tax Rate figures came in at 20.87% (Q1 2026), 23.53% (Q4 2025), and 26.73% (Q3 2025), per Business Quant data.