TTM
$23.01B
YoY change
-6.3%
5Y CAGR
+12.6%
Peak year (2024)
$23.32B
Cumulative gross profit
$402.01B
Gross Profit history chart for Caterpillar (CAT) from 1985 to 2025
Latest: $21.86B
Gross Profit growth chart for Caterpillar (CAT) from 1985 to 2025
Latest: -6.3%
Gross Profit history table for Caterpillar (CAT) from 1985 to 2025
| 2025 | $21.86B | -6.3% | −$1.47B | ||
| 2024 | $23.32B | +0.3% | +$61.00M | ||
| 2023 | $23.26B | +32.8% | +$5.75B | ||
| 2022 | $17.51B | +16.7% | +$2.51B | ||
| 2021 | $15.00B | +24.2% | +$2.93B | ||
| 2020 | $12.08B | -26.4% | −$4.34B | ||
| 2019 | $16.42B | -3.5% | −$587.00M | ||
| 2018 | $17.00B | +25.4% | +$3.45B | ||
| 2017 | $13.56B | +37.0% | +$3.66B | ||
| 2016 | $9.90B | -23.1% | −$2.98B | ||
| 2015 | $12.88B | -7.0% | −$964.00M | ||
| 2014 | $13.84B | -2.5% | −$360.00M | ||
| 2013 | $14.20B | -21.2% | −$3.82B | ||
| 2012 | $18.02B | +14.5% | +$2.29B | ||
| 2011 | $15.73B | +39.2% | +$4.43B | ||
| 2010 | $11.31B | +32.9% | +$2.80B | ||
| 2009 | $8.51B | -34.1% | −$4.40B | ||
| 2008 | $12.91B | +4.7% | +$577.00M | ||
| 2007 | $12.33B | +3.0% | +$364.00M | ||
| 2006 | $11.97B | +22.4% | +$2.19B | ||
| 2005 | $9.78B | +38.5% | +$2.72B | ||
| 2004 | $7.06B | +21.5% | +$1.25B | ||
| 2003 | $5.81B | +16.1% | +$804.00M | ||
| 2002 | $5.01B | -4.3% | −$225.00M | ||
| 2001 | $5.23B | -7.9% | −$447.00M | ||
| 2000 | $5.68B | -7.9% | −$488.00M | ||
| 1999 | $6.17B | -9.5% | −$645.00M | ||
| 1998 | $6.81B | +8.3% | +$522.00M | ||
| 1997 | $6.29B | +16.8% | +$903.00M | ||
| 1996 | $5.39B | +13.3% | +$632.00M | ||
| 1995 | $4.75B | +13.8% | +$577.00M | ||
| 1994 | $4.18B | +30.2% | +$969.00M | ||
| 1993 | $3.21B | +33.4% | +$804.00M | ||
| 1992 | $2.40B | +3.0% | +$71.00M | ||
| 1991 | $2.33B | -15.2% | −$418.00M | ||
| 1990 | $2.75B | -4.1% | −$119.00M | ||
| 1989 | $2.87B | +0.4% | +$12.00M | ||
| 1988 | $2.86B | +38.7% | +$798.00M | ||
| 1987 | $2.06B | +14.1% | +$255.00M | ||
| 1986 | $1.80B | -2.2% | −$40.00M | ||
| 1985 | $1.84B | — | — |
- 2025$21.86B-6.3%
- 2024$23.32B+0.3%
- 2023$23.26B+32.8%
- 2022$17.51B+16.7%
- 2021$15.00B+24.2%
- 2020$12.08B-26.4%
- 2019$16.42B-3.5%
- 2018$17.00B+25.4%
- 2017$13.56B+37.0%
- 2016$9.90B-23.1%
- 2015$12.88B-7.0%
- 2014$13.84B-2.5%
- 2013$14.20B-21.2%
- 2012$18.02B+14.5%
- 2011$15.73B+39.2%
- 2010$11.31B+32.9%
- 2009$8.51B-34.1%
- 2008$12.91B+4.7%
- 2007$12.33B+3.0%
- 2006$11.97B+22.4%
- 2005$9.78B+38.5%
- 2004$7.06B+21.5%
- 2003$5.81B+16.1%
- 2002$5.01B-4.3%
- 2001$5.23B-7.9%
- 2000$5.68B-7.9%
- 1999$6.17B-9.5%
- 1998$6.81B+8.3%
- 1997$6.29B+16.8%
- 1996$5.39B+13.3%
- 1995$4.75B+13.8%
- 1994$4.18B+30.2%
- 1993$3.21B+33.4%
- 1992$2.40B+3.0%
- 1991$2.33B-15.2%
- 1990$2.75B-4.1%
- 1989$2.87B+0.4%
- 1988$2.86B+38.7%
- 1987$2.06B+14.1%
- 1986$1.80B-2.2%
- 1985$1.84B—
Gross Profit 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 Gross Profit at Caterpillar (CAT)
According to Caterpillar's latest reported financial statements, the company's current gross profit (TTM) is $23.01B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual gross profit for Caterpillar (CAT) came in at $21.86B – declined 6.3% year-over-year.
Caterpillar gross profit has grown on net over the period, with a +12.6% compound annual growth rate over 2020–2025 (5 years).
Caterpillar gross profit peaked at $23.32B in 2024; the latest annual figure is $21.86B in 2025 (6.3% below peak).
2024 marks the peak gross profit at $23.32B, with the historical low of $1.80B recorded in 1986.
Caterpillar Gross Profit by Year
Caterpillar Gross Profit 2025: $21.86B
2025's gross profit for Caterpillar came in at $21.86B, declined 6.3% below 2024.
Caterpillar Gross Profit 2024: $23.32B
Caterpillar posted gross profit of $23.32B in 2024, edged up 0.3% from 2023. This figure represents the highest annual value in the available history.
Caterpillar Gross Profit 2023: $23.26B
In 2023, Caterpillar reported gross profit of $23.26B, surged 32.8% from 2022.
Caterpillar Gross Profit 2022: $17.51B
Caterpillar gross profit in 2022 was $17.51B, grew 16.7% from 2021.
Caterpillar Gross Profit 2021: $15.00B
Caterpillar gross profit in 2021 was $15.00B.
See more financial history for Caterpillar (CAT).
Sector peers by Gross Profit
Industrials peers of Caterpillar (CAT), ranked by their latest gross profit
| $17.79B | |
| $16.89B | |
| $16.30B | |
| $14.55B | |
| $13.83B | |
| $10.32B | |
| $9.22B | |
| $4.29B |
- $17.79B
- $16.89B
- $16.30B
- $14.55B
- $10.32B
- $9.22B
- $4.29B
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