TTM
$23B
YoY change
-6.3%
5Y CAGR
+12.6%
Peak year (FY2024)
$23.3B
Cumulative gross profit
$402B
Gross Profit history chart for Caterpillar (CAT) from 2016 to 2025
Latest: $21.9B
Gross Profit growth chart for Caterpillar (CAT) from 2016 to 2025
Latest: -6.3%
Gross Profit history table for Caterpillar (CAT) from 1985 to 2025
| FY2025 | $21.9B | -6.3% | -$1.47B | ||
| FY2024 | $23.3B | +0.3% | +$61M | ||
| FY2023 | $23.3B | +32.8% | +$5.75B | ||
| FY2022 | $17.5B | +16.7% | +$2.51B | ||
| FY2021 | $15B | +24.2% | +$2.93B | ||
| FY2020 | $12.1B | -26.4% | -$4.34B | ||
| FY2019 | $16.4B | -3.5% | -$587M | ||
| FY2018 | $17B | +25.4% | +$3.45B | ||
| FY2017 | $13.6B | +37.0% | +$3.66B | ||
| FY2016 | $9.9B | -23.1% | -$2.98B | ||
| FY2015 | $12.9B | -7.0% | -$964M | ||
| FY2014 | $13.8B | -2.5% | -$360M | ||
| FY2013 | $14.2B | -21.2% | -$3.82B | ||
| FY2012 | $18B | +14.5% | +$2.29B | ||
| FY2011 | $15.7B | +39.2% | +$4.43B | ||
| FY2010 | $11.3B | +32.9% | +$2.8B | ||
| FY2009 | $8.51B | -34.1% | -$4.4B | ||
| FY2008 | $12.9B | +4.7% | +$577M | ||
| FY2007 | $12.3B | +3.0% | +$364M | ||
| FY2006 | $12B | +22.4% | +$2.19B | ||
| FY2005 | $9.78B | +38.5% | +$2.72B | ||
| FY2004 | $7.06B | +21.5% | +$1.25B | ||
| FY2003 | $5.81B | +16.1% | +$804M | ||
| FY2002 | $5.01B | -4.3% | -$225M | ||
| FY2001 | $5.23B | -7.9% | -$447M | ||
| FY2000 | $5.68B | -7.9% | -$488M | ||
| FY1999 | $6.17B | -9.5% | -$645M | ||
| FY1998 | $6.81B | +8.3% | +$522M | ||
| FY1997 | $6.29B | +16.8% | +$903M | ||
| FY1996 | $5.39B | +13.3% | +$632M | ||
| FY1995 | $4.75B | +13.8% | +$577M | ||
| FY1994 | $4.18B | +30.2% | +$969M | ||
| FY1993 | $3.21B | +33.4% | +$804M | ||
| FY1992 | $2.4B | +3.0% | +$71M | ||
| FY1991 | $2.33B | -15.2% | -$418M | ||
| FY1990 | $2.75B | -4.1% | -$119M | ||
| FY1989 | $2.87B | +0.4% | +$12M | ||
| FY1988 | $2.86B | +38.7% | +$798M | ||
| FY1987 | $2.06B | +14.1% | +$255M | ||
| FY1986 | $1.81B | -2.2% | -$40M | ||
| FY1985 | $1.85B | — | — |
- FY2025$21.9B-6.3%
- FY2024$23.3B+0.3%
- FY2023$23.3B+32.8%
- FY2022$17.5B+16.7%
- FY2021$15B+24.2%
- FY2020$12.1B-26.4%
- FY2019$16.4B-3.5%
- FY2018$17B+25.4%
- FY2017$13.6B+37.0%
- FY2016$9.9B-23.1%
- FY2015$12.9B-7.0%
- FY2014$13.8B-2.5%
- FY2013$14.2B-21.2%
- FY2012$18B+14.5%
- FY2011$15.7B+39.2%
- FY2010$11.3B+32.9%
- FY2009$8.51B-34.1%
- FY2008$12.9B+4.7%
- FY2007$12.3B+3.0%
- FY2006$12B+22.4%
- FY2005$9.78B+38.5%
- FY2004$7.06B+21.5%
- FY2003$5.81B+16.1%
- FY2002$5.01B-4.3%
- FY2001$5.23B-7.9%
- FY2000$5.68B-7.9%
- FY1999$6.17B-9.5%
- FY1998$6.81B+8.3%
- FY1997$6.29B+16.8%
- FY1996$5.39B+13.3%
- FY1995$4.75B+13.8%
- FY1994$4.18B+30.2%
- FY1993$3.21B+33.4%
- FY1992$2.4B+3.0%
- FY1991$2.33B-15.2%
- FY1990$2.75B-4.1%
- FY1989$2.87B+0.4%
- FY1988$2.86B+38.7%
- FY1987$2.06B+14.1%
- FY1986$1.81B-2.2%
- FY1985$1.85B—
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 $23B. 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 $21.9B – 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 $23.3B in 2024; the latest annual figure is $21.9B in 2025 (6.3% below peak).
2024 marks the peak gross profit at $23.3B, with the historical low of $1.81B recorded in 1986.
Caterpillar Gross Profit by Year
Caterpillar Gross Profit 2025: $21.9B
2025's gross profit for Caterpillar came in at $21.9B, declined 6.3% below 2024.
Caterpillar Gross Profit 2024: $23.3B
Caterpillar posted gross profit of $23.3B in 2024, edged up 0.3% from 2023. This figure represents the highest annual value in the available history.
Caterpillar Gross Profit 2023: $23.3B
In 2023, Caterpillar reported gross profit of $23.3B, surged 32.8% from 2022.
Caterpillar Gross Profit 2022: $17.5B
Caterpillar gross profit in 2022 was $17.5B, grew 16.7% from 2021.
Caterpillar Gross Profit 2021: $15B
Caterpillar gross profit in 2021 was $15B.
See more financial history for Caterpillar (CAT).
Sector peers by Gross Profit
Industrials peers of Caterpillar (CAT), ranked by their latest gross profit
| $17.8B | |
| $16.9B | |
| $16.3B | |
| $14.6B | |
| $10.3B | |
| $9.22B | |
| $7.62B | |
| $4.29B |
- $17.8B
- $16.9B
- $16.3B
- $14.6B
- $10.3B
- $9.22B
- $7.62B
- $4.29B
Frequently asked questions
Caterpillar (CAT) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks1.98% TTM
- Dividend Profile0.79% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History5 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.