TTM
$15.6B
YoY change
-7.4%
5Y CAGR
+16.4%
Peak year (FY2024)
$16B
Cumulative EBITDA
$241B
EBITDA history chart for Caterpillar (CAT) from 2016 to 2025
Latest: $14.9B
EBITDA growth chart for Caterpillar (CAT) from 2016 to 2025
Latest: -7.4%
EBITDA history table for Caterpillar (CAT) from 1985 to 2025
| FY2025 | $14.9B | -7.4% | -$1.18B | ||
| FY2024 | $16B | +2.1% | +$333M | ||
| FY2023 | $15.7B | +37.6% | +$4.29B | ||
| FY2022 | $11.4B | +3.4% | +$370M | ||
| FY2021 | $11B | +59.1% | +$4.1B | ||
| FY2020 | $6.94B | -35.8% | -$3.87B | ||
| FY2019 | $10.8B | -1.7% | -$182M | ||
| FY2018 | $11B | +46.8% | +$3.5B | ||
| FY2017 | $7.49B | +103.6% | +$3.81B | ||
| FY2016 | $3.68B | -47.4% | -$3.31B | ||
| FY2015 | $6.99B | +2.8% | +$193M | ||
| FY2014 | $6.8B | -21.7% | -$1.88B | ||
| FY2013 | $8.68B | -24.6% | -$2.84B | ||
| FY2012 | $11.5B | +19.4% | +$1.87B | ||
| FY2011 | $9.65B | +51.0% | +$3.26B | ||
| FY2010 | $6.39B | +47.2% | +$2.05B | ||
| FY2009 | $4.34B | -45.1% | -$3.57B | ||
| FY2008 | $7.91B | -3.6% | -$299M | ||
| FY2007 | $8.21B | +5.8% | +$447M | ||
| FY2006 | $7.76B | +21.1% | +$1.35B | ||
| FY2005 | $6.41B | +57.0% | +$2.33B | ||
| FY2004 | $4.08B | +15.2% | +$537M | ||
| FY2003 | $3.54B | +13.1% | +$410M | ||
| FY2002 | $3.13B | +26.4% | +$654M | ||
| FY2001 | $2.48B | -28.1% | -$967M | ||
| FY2000 | $3.45B | +14.9% | +$448M | ||
| FY1999 | $3B | -16.9% | -$608M | ||
| FY1998 | $3.61B | +2.2% | +$78M | ||
| FY1997 | $3.53B | +18.3% | +$546M | ||
| FY1996 | $2.98B | +12.3% | +$327M | ||
| FY1995 | $2.66B | +14.1% | +$329M | ||
| FY1994 | $2.33B | +58.7% | +$861M | ||
| FY1993 | $1.47B | +114.0% | +$781M | ||
| FY1992 | $685M | +62.3% | +$263M | ||
| FY1991 | $422M | -60.7% | -$653M | ||
| FY1990 | $1.08B | -17.1% | -$222M | ||
| FY1989 | $1.3B | -9.6% | -$137M | ||
| FY1988 | $1.43B | +62.0% | +$549M | ||
| FY1987 | $885M | +29.2% | +$200M | ||
| FY1986 | $685M | -12.0% | -$93M | ||
| FY1985 | $778M | — | — |
- FY2025$14.9B-7.4%
- FY2024$16B+2.1%
- FY2023$15.7B+37.6%
- FY2022$11.4B+3.4%
- FY2021$11B+59.1%
- FY2020$6.94B-35.8%
- FY2019$10.8B-1.7%
- FY2018$11B+46.8%
- FY2017$7.49B+103.6%
- FY2016$3.68B-47.4%
- FY2015$6.99B+2.8%
- FY2014$6.8B-21.7%
- FY2013$8.68B-24.6%
- FY2012$11.5B+19.4%
- FY2011$9.65B+51.0%
- FY2010$6.39B+47.2%
- FY2009$4.34B-45.1%
- FY2008$7.91B-3.6%
- FY2007$8.21B+5.8%
- FY2006$7.76B+21.1%
- FY2005$6.41B+57.0%
- FY2004$4.08B+15.2%
- FY2003$3.54B+13.1%
- FY2002$3.13B+26.4%
- FY2001$2.48B-28.1%
- FY2000$3.45B+14.9%
- FY1999$3B-16.9%
- FY1998$3.61B+2.2%
- FY1997$3.53B+18.3%
- FY1996$2.98B+12.3%
- FY1995$2.66B+14.1%
- FY1994$2.33B+58.7%
- FY1993$1.47B+114.0%
- FY1992$685M+62.3%
- FY1991$422M-60.7%
- FY1990$1.08B-17.1%
- FY1989$1.3B-9.6%
- FY1988$1.43B+62.0%
- FY1987$885M+29.2%
- FY1986$685M-12.0%
- FY1985$778M—
EBITDA values are taken from Caterpillar's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Caterpillar (CAT)
According to Caterpillar's latest reported financial statements, the company's current EBITDA (TTM) is $15.6B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Caterpillar (CAT) EBITDA totalled $14.9B – declined 7.4% year-over-year.
Across 2020–2025 (5 years), Caterpillar EBITDA produced a CAGR of +16.4% – with mixed annual results across the window.
Caterpillar EBITDA declined from $16B in 2024 to $14.9B in 2025, a 7.4% drawdown.
The record annual EBITDA stands at $16B, reached in 2024; the historical low of $422M was recorded in 1991.
Caterpillar EBITDA by Year
Caterpillar EBITDA 2025: $14.9B
2025's EBITDA for Caterpillar came in at $14.9B, declined 7.4% below 2024.
Caterpillar EBITDA 2024: $16B
Caterpillar posted EBITDA of $16B in 2024, edged up 2.1% from 2023. This figure represents the highest annual value in the available history.
Caterpillar EBITDA 2023: $15.7B
In 2023, Caterpillar reported EBITDA of $15.7B, surged 37.6% from 2022.
Caterpillar EBITDA 2022: $11.4B
Caterpillar EBITDA in 2022 was $11.4B, edged up 3.4% from 2021.
Caterpillar EBITDA 2021: $11B
Caterpillar EBITDA in 2021 was $11B.
See more financial history for Caterpillar (CAT).
Sector peers by EBITDA
Industrials peers of Caterpillar (CAT), ranked by their latest EBITDA
| $14.9B | |
| $12.9B | |
| $12.1B | |
| $11.7B | |
| $7.75B | |
| $7.36B | |
| $5.95B | |
| $4.29B |
- $14.9B
- $12.9B
- $12.1B
- $11.7B
- $7.75B
- $7.36B
- $5.95B
- $4.29B
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- Buybacks1.98% TTM
- Dividend Profile0.79% yield
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- Stock Split History5 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.