Caterpillar Inc. (CAT) Financial Ratios Annual - Discounting Cash Flows
CAT
Caterpillar Inc.
CAT (NYSE)
Period Ending: LTM
(Last Twelve Months)
2024
12-31
2023
12-31
2022
12-31
2021
12-31
2020
12-31
2019
12-31
2018
12-31
2017
12-31
2016
12-31
2015
12-31
2014
12-31
2013
12-31
2012
12-31
2011
12-31
2010
12-31
2009
12-31
2008
12-31
2007
12-31
2006
12-31
2005
12-31
2004
12-31
2003
12-31
2002
12-31
2001
12-31
2000
12-31
1999
12-31
1998
12-31
1997
12-31
1996
12-31
1995
12-31
1994
12-31
1993
12-31
1992
12-31
1991
12-31
1990
12-31
1989
12-31
1988
12-31
1987
12-31
1986
12-31
1985
12-31
Price Ratios
Price to Earnings Ratio 18.71 16.36 14.61 18.83 17.33 33.03 13.61 12.23 123.7 -808.8 16.08 15.29 15.46 10.29 11.86 21.91 39.17 7.67 13.08 11.42 13.73 32.8 26.08 19.71 22.29 15.57 17.68 11.03 10.92 10.64 10.27 11.73 14.55 -2.22 -10.96 22.62 11.97 10.46 19.38 50.2 20.59
Price to Sales Ratio 2.91 2.72 2.25 2.12 2.21 2.37 1.54 1.37 2.05 1.41 0.859 1.02 1.05 0.888 0.972 1.39 1.08 0.531 1.03 0.973 1.08 2.21 1.26 0.78 0.877 0.812 0.849 0.796 0.961 0.877 0.726 0.782 0.817 0.531 0.435 0.415 0.535 0.618 0.756 0.521 0.606
Price to Book Ratio 10.29 9.06 7.74 7.95 6.82 6.46 5.69 5.35 6.81 4.12 2.73 3.37 2.82 3.34 4.54 5.46 4.01 4.48 5.21 5.89 4.65 8.94 4.72 2.87 3.2 2.93 3.06 3.25 3.89 3.52 3.44 3.85 4.31 3.44 1.09 1.05 1.33 1.57 1.73 1.21 1.33
Price to Free Cash Flow Ratio 21.45 20.02 15.42 24.43 23.8 23.51 19.55 20.63 27.71 20.22 11.83 12.08 10.2 354.4 18.94 24.41 8.71 35.14 9.46 12.93 56.15 -10.93 95.21 26.52 944.3 24.43 12.97 32.79 18.37 14.33 7.72 10.54 12.27 -39.5 -33.29 -21.69 -32.68 0 0 0 0
Price to Operating Cash Flow Ratio 16.49 14.67 11.72 16.25 15.62 15.65 12 11.46 16.35 9.66 6.05 7.01 5.75 11.16 8.34 11.81 5.53 5.7 5.84 6.97 12.59 -16.73 13.87 6.65 9.03 7.96 6.51 9.39 8.68 8.13 5.33 6.37 6.75 10.76 6.91 5.79 6.56 0 0 0 0
Price Earnings to Growth Ratio -2.65 1.72 0.248 2.81 0.149 -0.671 3.07 0.017 -0.099 7.88 -0.547 7.48 -0.474 0.735 0.151 0.112 -0.521 1.52 3.9 0.415 0.075 -5.22 0.703 -23.06 -0.968 1.09 -0.486 -1.88 0.43 0.448 0.485 0.212 -0.116 -0.004 0.037 -0.389 -0.65 0.116 0.065 -0.816 0
EV to EBITDA 15.5 13.67 12.04 15.43 15.28 18.16 11.1 10.1 17.59 25.76 11.48 11.28 11.05 8.66 9.29 13.42 21.22 9.35 10.96 10.3 12.13 21.75 16.01 13.11 13.77 9.03 10 7.98 7.5 7.19 6.56 7.17 10.12 16.01 22.68 8.71 7.55
Liquidity Ratios
Current Ratio 1.32 1.42 1.35 1.39 1.46 1.53 1.47 1.37 1.35 1.22 1.28 1.39 1.4 1.43 1.34 1.44 1.43 1.24 1.15 1.19 1.2 1.21 1.32 1.23 1.3 1.46 1.43 1.44 1.54 1.25 1.26 1.35 1.3 1.31 1.44 1.39 1.46 1.55 1.59 1.54 1.71
Quick Ratio 0.772 0.894 0.875 0.873 0.986 1.09 1.05 0.959 0.974 0.894 0.907 0.956 0.942 0.904 0.824 1.01 1.1 0.902 0.821 0.873 0.929 0.922 1.07 0.999 1.02 1.15 1.12 1.08 1.13 0.936 0.947 1.01 0.973 0.914 0.946 0.891 0.919 0.97 1.04 0.987 1.06
Cash Ratio 0.109 0.213 0.201 0.222 0.31 0.364 0 0 0 0 0 0 0 0 0.108 0.163 0.256 0.107 0.05 0.027 0.057 0.028 0.028 0.026 0.039 0.039 0.066 0.045 0.046 0.069 0.105 0.076 0.018 0.028 0.027 0.026 0.038 0.022 0.043 0.057 0.162
Debt Ratio 0.454 0.438 0.433 0.451 0.456 0.474 0.48 0.466 0.453 0.492 0.485 0.464 0.445 0.451 0.426 0.444 0.527 0.524 0.506 0.531 0.541 0.546 0.553 0.546 0.542 0.529 0.517 0.496 0.413 0.398 0.38 0.363 0.367 0.407 0.436 0.395 0.366 0.337 0.216 0.252 0.233
Debt to Equity Ratio 2.14 1.97 1.94 2.33 2.29 2.42 2.58 2.6 2.55 2.8 2.57 2.35 1.81 2.29 2.69 2.63 3.62 5.84 3.2 3.98 3.05 3.15 3.34 3.26 2.96 2.69 2.53 2.43 1.83 1.81 1.89 2.03 2.47 3.6 1.3 1.04 0.893 0.793 0.416 0.502 0.458
Long Term Debt to Capitalization 0.588 0.585 0.557 0.619 0.612 0.628 0.642 0.636 0.631 0.634 0.629 0.623 0.561 0.612 0.659 0.653 0.714 0.79 0.667 0.72 0.65 0.68 0.705 0.683 0.668 0.669 0.645 0.647 0.597 0.524 0.539 0.595 0.639 0.723 0.49 0.389 0.338 0.322 0.202 0.234 0.277
Total Debt to Capitalization 0.681 0.663 0.66 0.7 0.696 0.708 0.721 0.723 0.718 0.737 0.72 0.701 0.645 0.696 0.729 0.724 0.784 0.854 0.762 0.799 0.753 0.759 0.769 0.765 0.747 0.729 0.716 0.708 0.647 0.644 0.654 0.67 0.712 0.783 0.565 0.51 0.472 0.442 0.294 0.334 0.314
Interest Coverage Ratio 25.55 25.53 25.37 17.84 14.09 8.86 19.69 20.52 8.3 0.986 7.47 11.01 12.1 18.36 5.85 3.15 0.402 3.12 3.47 3.79 3.68 3.64 2.34 2.53 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Cash Flow to Debt Ratio 0.292 0.313 0.34 0.21 0.19 0.17 0.184 0.179 0.163 0.152 0.176 0.205 0.27 0.131 0.203 0.176 0.201 0.135 0.279 0.212 0.121 -0.17 0.102 0.132 0.12 0.137 0.186 0.143 0.245 0.239 0.342 0.298 0.259 0.089 0.122 0.174 0.227 None None None None
Margins
Gross Profit Margin 35.49% 35.99% 34.69% 29.47% 29.43% 28.93% 30.51% 31.07% 30.28% 24.99% 27.39% 26.81% 25.52% 27.36% 27.54% 28.7% 26.27% 25.15% 27.43% 28.83% 26.92% 25.89% 23.27% 24.95% 25.58% 28.14% 31.3% 32.47% 33.23% 32.6% 29.58% 29.15% 27.62% 23.58% 22.91% 24.06% 25.8% 27.39% 25.18% 24.66% 27.43%
Operating Profit Margin 19.59% 20.17% 19.33% 13.3% 13.49% 10.91% 15.41% 15.15% 9.69% 1.29% 8.05% 9.65% 10.11% 13.01% 11.89% 9.31% 1.78% 8.67% 10.95% 11.85% 10.41% 9.03% 7.42% 6.55% 6.41% 12.02% 10.43% 13.07% 14.75% 13.84% 12.28% 11.47% 6.87% 0.304% -1.77% 4.74% 7.42% 9.58% 5.89% 3.4% 4.49%
Pretax Profit Margin 19.62% 20.63% 19.46% 14.73% 16.1% 9.57% 14.52% 14.29% 8.98% 0.361% 7.32% 9.21% 9.21% 12.5% 11.18% 8.81% 1.76% 8.72% 11.02% 11.71% 10.74% 8.95% 6.49% 5.53% 5.72% 7.43% 7.11% 10.38% 13% 11.95% 10.19% 9.14% 6.22% -3.26% -5.46% 2.52% 5.92% 8.41% 5.32% 1.35% 3.35%
Net Profit Margin 15.71% 16.65% 15.41% 11.28% 12.73% 7.18% 11.33% 11.23% 1.66% -0.174% 5.34% 6.7% 6.81% 8.62% 8.19% 6.34% 2.76% 6.93% 7.88% 8.52% 7.85% 6.73% 4.83% 3.96% 3.94% 5.22% 4.8% 7.21% 8.8% 8.24% 7.07% 6.67% 5.61% -23.89% -3.97% 1.84% 4.47% 5.9% 3.9% 1.04% 2.94%
Operating Cash Flow Margin 17.82% 18.57% 19.21% 13.07% 14.12% 15.16% 12.85% 11.98% 12.54% 14.55% 14.2% 14.6% 18.31% 7.96% 11.66% 11.76% 19.58% 9.33% 17.65% 13.97% 8.57% -13.19% 9.08% 11.74% 9.72% 10.21% 13.04% 8.48% 11.08% 10.79% 13.63% 12.26% 12.1% 4.93% 6.3% 7.17% 8.15% None None None None
Free Cash Flow Margin 13.57% 13.61% 14.6% 8.69% 9.27% 10.09% 7.89% 6.66% 7.4% 6.95% 7.26% 8.48% 10.32% 0.25% 5.13% 5.69% 12.43% 1.51% 10.89% 7.52% 1.92% -20.18% 1.32% 2.94% 0.093% 3.33% 6.55% 2.43% 5.23% 6.12% 9.4% 7.42% 6.66% -1.34% -1.31% -1.92% -1.64% 0% 0% 0% 0%
Return
Return on Assets 11.7% 12.3% 11.81% 8.18% 7.84% 3.83% 7.77% 7.83% 0.98% -0.09% 3.21% 4.36% 4.46% 6.39% 6.07% 4.22% 1.49% 5.25% 6.31% 6.87% 6% 4.72% 2.99% 2.44% 2.63% 3.7% 3.54% 6.02% 8.02% 7.27% 6.75% 5.88% 4.4% -17.47% -3.35% 1.76% 4.55% 6.36% 4.65% 1.21% 3.29%
Return on Equity 53.66% 55.37% 53.02% 42.25% 39.37% 19.56% 41.77% 43.79% 5.5% -0.51% 16.96% 22.06% 18.21% 32.4% 38.25% 24.94% 10.24% 58.44% 39.86% 51.57% 33.85% 27.25% 18.08% 14.58% 14.35% 18.8% 17.31% 29.49% 35.58% 33.07% 33.53% 32.81% 29.65% -154.6% -9.99% 4.63% 11.11% 14.98% 8.95% 2.41% 6.45%
Return on Capital Employed 23.65% 23.56% 24.58% 15.68% 12.99% 8.65% 15.99% 16.48% 8.81% 1.03% 7.26% 9.38% 9.77% 14.4% 13.53% 9.44% 1.41% 10.55% 14.52% 15.56% 13.41% 10.13% 6.93% 6.29% 6.43% 12.19% 11.13% 15.96% 19.41% 19.52% 18.31% 15.29% 7.87% 0.319% -2.2% 7.05% 11.76% 16% 10.77% 6.06% 7.07%
Return on Invested Capital 20.24% 21.61% 22.29% 13.91% 12.4% 7.88% 12.42% 12.91% 1.6% -0.391% 5.33% 6.83% 7.26% 9.98% 10.69% 7.65% 2.35% 8.88% 10.52% 11.25% 9.95% 7.52% 5.13% 4.59% 4.5% 8.7% 7.74% 11.32% 13.41% 14.04% 13.51% 11.61% 7.48% 0.212% -1.62% 5.21% 9.06% 11.36% 8.09% 4.8% 6.66%
Turnover Ratios
Receivables Turnover Ratio 3.37 3.44 3.56 3.33 2.93 2.49 3 3.14 2.81 2.66 3 3.29 3.24 3.55 3.39 2.54 2.33 2.83 2.85 2.69 2.53 2.39 2.48 2.44 2.42 2.5 2.65 2.92 3.16 3.16 3.75 3.34 3.2 3.46 3.81 3.86 3.96 3.91 4.02 4.24 5.41
Payables Turnover Ratio 5.24 5.41 5.54 4.82 4.41 4.84 6.28 5.35 4.89 6.26 6.8 6.2 6.32 7.09 5.34 5.19 7.98 7.96 6.91 7.23 7.78 6.26 7.73 8.45 7.17 6.2 6.76 3.98 3.76 3.9 4.39 3.87 4.09 4.4 4.72 5.15 5.33 0 0 0 0
Inventory Turnover Ratio 2.28 2.47 2.64 2.58 2.56 2.6 3.32 3.27 3.16 3.36 3.52 3.31 3.28 3.08 3 3.17 3.76 4.37 4.53 4.65 5.08 4.8 5.73 5.47 5.2 5.39 5.22 4.98 4.85 5.01 5.89 5.53 5.51 4.65 4.09 4.13 3.89 3.82 4.63 4.55 4.28
Fixed Asset Turnover Ratio 4.71 4.85 5.29 4.94 4.22 3.37 4.17 4.03 3.21 2.52 2.92 3.33 3.26 4 4.18 3.4 2.62 4.1 4.5 4.69 4.55 3.94 3.14 2.88 3.1 3.61 3.79 4.31 4.66 4.39 4.41 3.79 3.04 2.58 2.51 2.87 3.17 3.59 3.32 3.01 2.54
Asset Turnover Ratio 0.744 0.738 0.767 0.725 0.616 0.533 0.686 0.697 0.591 0.516 0.6 0.652 0.656 0.74 0.74 0.665 0.54 0.757 0.801 0.807 0.764 0.702 0.62 0.616 0.667 0.709 0.738 0.835 0.912 0.882 0.955 0.882 0.784 0.732 0.846 0.957 1.02 1.08 1.19 1.16 1.12
Per Share Items ()
Revenue Per Share 133.2 133.2 131.3 112.8 93.7 76.73 95.8 92.53 76.82 65.95 79.1 89.41 86.26 100.9 93.24 67.44 52.66 84.07 70.45 63.03 53.57 22.1 32.97 29.29 29.78 29.12 27.72 28.91 25.23 21.46 20.23 17.63 13.63 12.62 12.6 14.16 13.77 0 0 0 0
Operating Cash Flow Per Share 23.74 24.73 25.24 14.74 13.23 11.63 12.31 11.09 9.64 9.6 11.23 13.05 15.8 8.03 10.87 7.93 10.31 7.84 12.43 8.8 4.59 -2.92 2.99 3.44 2.89 2.97 3.62 2.45 2.79 2.31 2.76 2.16 1.65 0.623 0.793 1.02 1.12 None None None None
Free Cash Flow Per Share 18.08 18.12 19.18 9.81 8.69 7.74 7.56 6.16 5.69 4.59 5.74 7.58 8.9 0.253 4.78 3.84 6.55 1.27 7.67 4.74 1.03 -4.46 0.436 0.862 0.028 0.969 1.81 0.701 1.32 1.31 1.9 1.31 0.907 -0.17 -0.165 -0.271 -0.225 None None None None
Cash & Short Term Investments 7.5 14.15 13.67 13.29 17.01 17.19 0 0 0 0 0 0 0 0 4.74 5.69 7.91 4.48 1.76 0.805 1.63 0.325 0.495 0.449 0.583 0.482 0.771 0.496 0.389 0.632 0.803 0.516 0.097 0.147 0.129 0.136 0.183 0.091 0.129 0.163 0.363
Earnings Per Share 20.93 22.17 20.24 12.73 11.93 5.51 10.85 10.39 1.27 -0.115 4.23 5.99 5.87 8.71 7.64 4.28 1.45 5.83 5.55 5.37 4.21 1.49 1.59 1.16 1.17 1.52 1.33 2.09 2.22 1.77 1.43 1.18 0.765 -3.02 -0.5 0.26 0.615 0 0 0 0
EBITDA Per Share 30.66 31.28 29.59 19.21 16.97 12.84 19.35 18.69 12.31 6.04 11.49 13.76 13.51 17.45 15.01 9.91 4.74 10.53 10.53 9.9 7.76 3.02 4.4 3.69 3.61 4.98 4.22 4.97 4.71 3.87 3.34 2.86 1.72 0.848 0.522 1.33 1.6 1.77 1.11 0.901 1
Dividend Per Share 5.78 5.44 5.02 4.63 4.29 4.12 3.8 3.3 3.09 3.08 2.96 2.62 1.72 2.48 1.8 1.72 1.67 1.56 1.32 1.1 0.911 0.39 0.711 0.699 0.69 0.667 0.626 0.551 0.451 0.375 0.301 0.112 0.072 0.074 0.15 0.151 0.15 0 0 0 0
Enterprise Value Per Share 475.1 427.5 356.2 296.5 259.2 233.1 214.7 188.9 216.5 155.7 131.9 155.2 149.3 151.1 139.5 133 100.5 98.39 115.3 102 94.09 65.62 70.39 48.37 49.73 44.93 42.18 39.66 35.28 27.86 21.94 20.53 17.4 13.58 11.85 11.59 12.12 0 0 0 0
Book Value Per Share 39 40.05 38.18 30.12 30.3 28.18 25.98 23.74 23.14 22.48 24.92 27.13 32.26 26.86 19.97 17.14 14.21 9.97 13.92 10.41 12.43 5.45 8.8 7.95 8.17 8.08 7.69 7.07 6.24 5.35 4.26 3.58 2.58 1.95 5 5.62 5.54 0 0 0 0
Price Per Share 401.4 362.8 295.7 239.6 206.7 182 147.7 127.1 157.6 92.74 67.96 91.53 90.81 89.61 90.6 93.66 56.99 44.67 72.56 61.33 57.77 48.76 41.51 22.86 26.13 23.66 23.53 23 24.25 18.81 14.69 13.78 11.13 6.7 5.48 5.88 7.36 0 0 0 0
Dividend Ratios
Dividend Payout Ratio 26.88% 24.52% 24.8% 36.39% 35.94% 74.82% 34.99% 31.74% 242.8% -2,685% 69.94% 43.84% 29.32% 28.46% 23.52% 40.15% 115% 26.79% 23.86% 20.53% 21.65% 26.24% 44.68% 60.28% 58.88% 43.87% 47.04% 26.44% 20.3% 21.23% 21.04% 9.53% 9.36% -2.46% -29.95% 58.1% 24.35% 12.4% 15.62% 62.5% 24.51%
Annual Dividend Yield 1.44% 1.5% 1.7% 1.93% 2.07% 2.26% 2.57% 2.6% 1.96% 3.32% 4.35% 2.87% 1.9% 2.77% 1.98% 1.83% 2.93% 3.49% 1.82% 1.8% 1.58% 0.8% 1.71% 3.06% 2.64% 2.82% 2.66% 2.4% 1.86% 2% 2.05% 0.813% 0.643% 1.11% 2.73% 2.57% 2.03% 1.19% 0.806% 1.25% 1.19%
Effective Tax Rate 20.26% 19.66% 21.31% 23.62% 21.23% 25.18% 22.35% 21.71% 81.8% 138.1% 26.64% 27.15% 25.72% 30.69% 25.58% 25.81% -47.45% 21.31% 29.98% 28.9% 28.71% 27% 26.95% 28.01% 31.39% 29.8% 32.48% 30.53% 32.34% 31.05% 30.6% 27.04% 5.81% 34.34% 27.34% 27.08% 24.58% 29.84% 26.67% 23.23% 12%
Short Term Coverage Ratio 0.883 1.09 0.961 0.689 0.612 0.567 0.608 0.568 0.517 0.402 0.52 0.701 0.924 0.423 0.727 0.628 0.648 0.377 0.749 0.603 0.309 -0.519 0.36 0.389 0.374 0.552 0.663 0.583 1.29 0.609 0.899 1.08 0.917 0.324 0.473 0.448 0.532 None None None None
Capital Expenditure Coverage Ratio 4.2 3.74 4.17 2.99 2.91 2.99 2.59 2.25 2.44 1.92 2.05 2.38 2.29 1.03 1.79 1.94 2.74 1.19 2.61 2.17 1.29 -1.89 1.17 1.33 1.01 1.48 2.01 1.4 1.9 2.31 3.23 2.53 2.22 0.786 0.828 0.789 0.833 0 0 0 0
EBIT Per Revenue 0.196 0.202 0.193 0.133 0.135 0.109 0.154 0.151 0.097 0.013 0.081 0.097 0.101 0.13 0.119 0.093 0.018 0.087 0.109 0.119 0.104 0.09 0.074 0.065 0.064 0.12 0.104 0.131 0.147 0.138 0.123 0.115 0.069 0.003 -0.018 0.047 0.074 0.096 0.059 0.034 0.045
EBITDA Per Revenue 0.23 0.235 0.225 0.17 0.181 0.167 0.202 0.202 0.16 0.092 0.145 0.154 0.157 0.173 0.161 0.147 0.09 0.125 0.149 0.157 0.145 0.137 0.133 0.126 0.121 0.171 0.152 0.172 0.186 0.181 0.165 0.162 0.126 0.067 0.041 0.094 0.117 0.137 0.108 0.094 0.116
Days of Sales Outstanding 108.3 106.1 102.4 109.8 124.4 146.7 121.5 116.4 130 137.4 121.8 110.9 112.6 102.9 107.6 143.9 156.7 128.9 127.9 135.5 144.1 152.6 147.5 149.6 150.7 146.2 137.8 124.9 115.5 115.4 97.31 109.3 113.9 105.6 95.82 94.63 92.28 93.36 90.71 86.15 67.52
Days of Inventory Outstanding 159.8 148.1 138.1 141.7 142.5 140.3 110 111.6 115.4 108.8 103.7 110.3 111.2 118.6 121.8 115.2 97.19 83.43 80.59 78.45 71.8 76.11 63.68 66.68 70.15 67.78 69.95 73.23 75.19 72.83 61.95 65.98 66.21 78.48 89.33 88.47 93.73 95.67 78.9 80.13 85.19
Days of Payables Outstanding 69.7 67.53 65.89 75.66 82.75 75.38 58.16 68.23 74.7 58.26 53.71 58.87 57.76 51.51 68.35 70.39 45.74 45.86 52.84 50.46 46.89 58.28 47.21 43.2 50.92 58.89 54.01 91.68 97 93.68 83.17 94.35 89.22 83.03 77.29 70.81 68.53 0 0 0 0
Cash Conversion Cycle 198.4 186.7 174.6 175.8 184.1 211.6 173.3 159.7 170.7 187.9 171.8 162.3 166 169.9 161 188.8 208.2 166.5 155.6 163.5 169 170.4 163.9 173.1 169.9 155.1 153.8 106.4 93.74 94.52 76.09 80.92 90.9 101 107.9 112.3 117.5 189 169.6 166.3 152.7
Cash Conversion Ratio 1.13 1.12 1.25 1.16 1.11 2.11 1.13 1.07 7.56 -83.7 2.66 2.18 2.69 0.923 1.42 1.86 7.09 1.35 2.24 1.64 1.09 -1.96 1.88 2.96 2.47 1.96 2.72 1.18 1.26 1.31 1.93 1.84 2.15 -0.207 -1.59 3.9 1.82 0 0 0 0
Free Cash Flow to Earnings 0.864 0.817 0.948 0.771 0.728 1.4 0.696 0.592 4.46 -40 1.36 1.27 1.52 0.029 0.626 0.897 4.5 0.218 1.38 0.883 0.245 -3 0.274 0.743 0.024 0.637 1.36 0.336 0.595 0.743 1.33 1.11 1.19 0.056 0.329 -1.04 -0.366 0 0 0 0
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Discounting Cash Flows

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