CATERPILLAR INC (CAT) Return on equity 2016–2025
CATERPILLAR INC (CAT) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
41.7%FY2025 · since FY2016: -0.4% → 41.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 41.7% | -13.7 pp |
| FY2024 | 55.4% | +2.4 pp |
| FY2023 | 53.0% | +10.8 pp |
| FY2022 | 42.2% | +2.9 pp |
| FY2021 | 39.3% | +19.8 pp |
| FY2020 | 19.5% | -22.1 pp |
| FY2019 | 41.7% | -2.0 pp |
| FY2018 | 43.7% | +38.2 pp |
| FY2017 | 5.5% | +6.0 pp |
| FY2016 | -0.4% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice