Company / Operating Income
Caterpillar Inc. Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$11.2B
FY2025
5-year range
$6.9B / $13.1B
FY2021-FY2025
Trend
-14.7%
vs FY2024
Sector context
#1 of 328
Industrials
What the data says
Among 328 Industrials companies, Caterpillar Inc. is in the top 0% for operating income. Operating Income has fluctuated over the past 10 years, ranging from $1.2B in FY2018 to $13.1B in FY2024.
Based on SEC 10-K filings.
$11.2B in FY2025 with a 5-year CAGR of +19.6%. Ranks 1st among 328 companies in Industrials.
Declined from $13.0B to $11.2B over the past 2 years.
Industrials sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +12.2%
- 5-Year CAGR
- +19.6%
- 10-Year CAGR
- -
Sector benchmark
Top 0% in IndustrialsTop 0% of 328This company $11.2B Sector average $717.8M
▼
+1453.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +19.6%, indicating consistent growth.
- In FY2025, operating income decreased 14.7% year-over-year.
- Ranks #1 out of 328 companies in the Industrials sector.
- Peak operating income was recorded in FY2024.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 44.9%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $11.2B | -14.7% |
| FY2024 | $13.1B | +0.8% |
| FY2023 | $13.0B | +64.0% |
| FY2022 | $7.9B | +14.9% |
| FY2021 | $6.9B | +51.1% |
| FY2020 | $4.6B | +2.1% |
| FY2019 | $4.5B | +283.8% |
| FY2018 | $1.2B | -73.9% |
| FY2017 | $4.5B | +283.8% |
| FY2016 | $1.2B | -69.3% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026