# CATERPILLAR INC (CAT) · Edgar & Edgarette company card

> Caterpillar (CAT) grew revenue 4.3% in FY2025 to $67.6 billion, operating margin 16.5% against a 7.2% median for construction machinery & equip, equity 21.6% of assets, and dividend per share up 18 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 18230 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/CAT) · [JSON](https://www.pops4.com/boards/company/CAT.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $67.6B |
| Revenue growth, 1 year | 4.3% |
| Revenue growth per year | 7.3% |
| Operating margin | 16.5% (prior year 20.2%) |
| Net margin | 13.1% |
| Operating cash flow | $11.7B |
| Capital spending | $2.8B |
| Free cash flow | $8.9B |
| Cash | $10.0B |
| Long-term debt | $30.7B |
| Total assets | $98.6B |
| Total equity | $21.3B |
| Equity ÷ assets | 21.6% |
| Return on equity | 41.7% |
| Dividend per share | $5.94 |
| Dividend years rising | 18 |

## Readings, computed from those figures

- Altman Z: 4.27 (safe zone)
- Piotroski F: 6 of 9 (solid)
- Beneish M: -2.4 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $67.6B (FY2025), total debt $30.7B. Experience: revenue up 4.3% on the year, up 7.3% a year over 4 years; operating margin 16.5%, down from 20.2%. Soundness: equity 21.6% of assets, return on equity 41.7%, payout 31.0% of profit, dividend per share up 18 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $61.5B and $75.5B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $56.1B to $82.0B. A statistical range, not company guidance. Against peers (18 filers, $50M+ revenue, its industry group): operating margin 16.5% against a 7.2% median; growth 4.3% against 4.5%.

Range logged 2026-09-26, receipt 05fc26b917c9906a, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-10-15 ([filing](https://www.sec.gov/Archives/edgar/data/18230/000110465926116198/0001104659-26-116198-index.htm))

## Recent filings

- 8-K · filed 2026-10-29 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/18230/000001823026000052/0000018230-26-000052-index.htm)
- 8-K · filed 2026-10-15 · 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/18230/000110465926116198/0001104659-26-116198-index.htm)
- 8-K · filed 2026-09-01 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/18230/000110465926104197/0001104659-26-104197-index.htm)
- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/18230/000001823026000046/0000018230-26-000046-index.htm)
- 8-K · filed 2026-08-04 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/18230/000001823026000040/0000018230-26-000040-index.htm)
- 8-K · filed 2026-06-11 · 5.07 Submission of Matters to a Vote of Security Holders; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/18230/000110465926072929/0001104659-26-072929-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000018230.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=18230

## Cite

POPS4, Edgar & Edgarette: CATERPILLAR INC (CAT) company card, from the company's own SEC filings, accessed 2026-11-02, https://www.pops4.com/boards/company/CAT. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.