Caterpillar
At a glance
Caterpillar reported 2025 revenue of $67.59B, up 4.3% from $64.81B in 2024. Over 4 years since 2021 ($50.97B), that is growth of about 7.3% a year. Operating margin was 16.5%, up from 13.5% in 2021. 2025 was the highest revenue year in this period.
In the last 12 months 9 insiders reported 2 open-market purchases ($390K) and 29 sales ($244.4M). 5 of the sales were made under pre-arranged 10b5-1 plans. The largest was a sale of $26.7M by Group President Denise C Johnson on Feb 4, 2026. Net, insiders were sellers of $244M.
Caterpillar filed 11 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), officer or director change (3), other events (2) and material agreement (1). The latest officer or director change was reported on Oct 15, 2026. It reported a material agreement or a completed acquisition or disposal 1 time.
4 of the 20 investors tracked here held Caterpillar at the last quarter end, worth $7.91B combined. It is the largest weight for Gates Foundation Trust (19.7% of its portfolio), followed by National Pension Service (Korea) (0.7%). Added: National Pension Service (Korea). Reduced: ARK Investment Management and Bridgewater Associates.
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | $6.49B | $6.71B | $10.34B | $10.79B | $8.88B |
| Diluted EPS | $11.83 | $12.64 | $20.12 | $22.05 | $18.81 |
| Dividend per share | $4.36 | $4.71 | $5.10 | $5.53 | $5.94 |
Fiscal year ends Dec 31 · incorporated in DE
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined