Latest period
465.80M
YoY change
-4.2%
5Y CAGR
-3.1%
Peak year (1993)
857.89M
Latest annual
469.00M
Shares Outstanding history chart for Caterpillar (CAT) from 1985 to 2025
Latest: 469.00M
Shares Outstanding growth chart for Caterpillar (CAT) from 1985 to 2025
Latest: -4.2%
Shares Outstanding history table for Caterpillar (CAT) from 1985 to 2025
| 2025 | 469.00M | -4.2% | -20.40M | ||
| 2024 | 489.40M | -4.7% | -24.20M | ||
| 2023 | 513.60M | -3.2% | -16.80M | ||
| 2022 | 530.40M | -3.3% | -18.10M | ||
| 2021 | 548.50M | -0.0% | -100,000 | ||
| 2020 | 548.60M | -3.3% | -18.90M | ||
| 2019 | 567.50M | -5.3% | -31.90M | ||
| 2018 | 599.40M | +0.0% | +100,000 | ||
| 2017 | 599.30M | +2.6% | +15.00M | ||
| 2016 | 584.30M | -2.8% | -17.00M | ||
| 2015 | 601.30M | -4.4% | -27.60M | ||
| 2014 | 628.90M | -4.5% | -29.70M | ||
| 2013 | 658.60M | -1.6% | -11.00M | ||
| 2012 | 669.60M | +0.5% | +3.50M | ||
| 2011 | 666.10M | +2.4% | +15.70M | ||
| 2010 | 650.40M | +3.9% | +24.40M | ||
| 2009 | 626.00M | -0.3% | -1.90M | ||
| 2008 | 627.90M | -4.8% | -31.60M | ||
| 2007 | 659.50M | -3.6% | -24.30M | ||
| 2006 | 683.80M | -3.1% | -22.00M | ||
| 2005 | 705.80M | +33.8% | +178.15M | ||
| 2004 | 527.65M | -24.9% | -175.05M | ||
| 2003 | 702.70M | +1.3% | +8.90M | ||
| 2002 | 693.80M | -0.1% | -400,000 | ||
| 2001 | 694.20M | -0.5% | -3.15M | ||
| 2000 | 697.35M | -3.0% | -21.45M | ||
| 1999 | 718.80M | -2.4% | -17.45M | ||
| 1998 | 736.25M | -3.4% | -25.76M | ||
| 1997 | 762.01M | -2.0% | -15.76M | ||
| 1996 | 777.78M | -2.8% | -22.22M | ||
| 1995 | 800.00M | -2.7% | -22.40M | ||
| 1994 | 822.40M | -4.1% | -35.49M | ||
| 1993 | 857.89M | +6.2% | +50.27M | ||
| 1992 | 807.63M | -0.0% | -371,476 | ||
| 1991 | 808.00M | +0.0% | +307,692 | ||
| 1990 | 807.69M | -0.1% | -437,773 | ||
| 1989 | 808.13M | -0.3% | -2.40M | ||
| 1988 | 810.53M | +1.6% | +13.03M | ||
| 1987 | 797.50M | +4.9% | +37.50M | ||
| 1986 | 760.00M | -2.1% | -16.47M | ||
| 1985 | 776.47M | — | — |
- 2025469.00M-4.2%
- 2024489.40M-4.7%
- 2023513.60M-3.2%
- 2022530.40M-3.3%
- 2021548.50M-0.0%
- 2020548.60M-3.3%
- 2019567.50M-5.3%
- 2018599.40M+0.0%
- 2017599.30M+2.6%
- 2016584.30M-2.8%
- 2015601.30M-4.4%
- 2014628.90M-4.5%
- 2013658.60M-1.6%
- 2012669.60M+0.5%
- 2011666.10M+2.4%
- 2010650.40M+3.9%
- 2009626.00M-0.3%
- 2008627.90M-4.8%
- 2007659.50M-3.6%
- 2006683.80M-3.1%
- 2005705.80M+33.8%
- 2004527.65M-24.9%
- 2003702.70M+1.3%
- 2002693.80M-0.1%
- 2001694.20M-0.5%
- 2000697.35M-3.0%
- 1999718.80M-2.4%
- 1998736.25M-3.4%
- 1997762.01M-2.0%
- 1996777.78M-2.8%
- 1995800.00M-2.7%
- 1994822.40M-4.1%
- 1993857.89M+6.2%
- 1992807.63M-0.0%
- 1991808.00M+0.0%
- 1990807.69M-0.1%
- 1989808.13M-0.3%
- 1988810.53M+1.6%
- 1987797.50M+4.9%
- 1986760.00M-2.1%
- 1985776.47M—
Shares Outstanding 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 Shares Outstanding at Caterpillar (CAT)
According to Caterpillar's latest reported financial statements, the company's latest reported diluted shares outstanding is 465.80M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Caterpillar (CAT) reported diluted shares outstanding of 469.00M – edged down 4.2% year-over-year.
Caterpillar diluted shares outstanding has contracted on net over the period, with a -3.1% compound annual growth rate over 2020–2025 (5 years).
Caterpillar diluted shares outstanding peaked at 857.89M in 1993; the latest annual figure is 469.00M in 2025 (45.3% below peak).
The highest annual diluted shares outstanding of 857.89M was reported in 1993. The lowest in the available history was 469.00M in 2025.
Caterpillar Shares Outstanding by Year
Caterpillar Shares Outstanding 2025: 469.00M
2025's diluted shares outstanding for Caterpillar came in at 469.00M, edged down 4.2% below 2024. This figure represents the lowest annual value in the available history.
Caterpillar Shares Outstanding 2024: 489.40M
Caterpillar posted diluted shares outstanding of 489.40M in 2024, edged down 4.7% below 2023.
Caterpillar Shares Outstanding 2023: 513.60M
In 2023, Caterpillar reported diluted shares outstanding of 513.60M, edged down 3.2% below 2022.
Caterpillar Shares Outstanding 2022: 530.40M
Caterpillar diluted shares outstanding in 2022 was 530.40M, edged down 3.3% below 2021.
Caterpillar Shares Outstanding 2021: 548.50M
Caterpillar diluted shares outstanding in 2021 was 548.50M.
See more financial history for Caterpillar (CAT).
Sector peers by Shares Outstanding
Industrials peers of Caterpillar (CAT), ranked by their latest diluted shares outstanding
| 2.93B | |
| 1.36B | |
| 1.07B | |
| 762.30M | |
| 642.80M | |
| 593.50M | |
| 389.50M | |
| 271.70M |
- 2.93B
- 1.36B
- 1.07B
- 762.30M
- 593.50M
- 389.50M
- 271.70M
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