Caterpillar Inc. (CAT): free cash flow yield, 10 filed years
FCF yield at Caterpillar Inc. was 3.3% in FY2025, the newest filed year. Across the 10 computed years from FY2016 it ranged from 3.3% (FY2025) to 8.4% (FY2016), with a median of 5.5%.
Tonight's figure on the company page: 2.6%, at the close of 2026-10-15, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | FCF yield | Read from |
|---|---|---|
| FY2016 | 8.4% | 10-K, filed 2017-02-15 |
| FY2017 | 5.1% | 10-K, filed 2018-02-15 |
| FY2018 | 6.9% | 10-K, filed 2019-02-14 |
| FY2019 | 7.0% | 10-K, filed 2020-02-19 |
| FY2020 | 5.4% | 10-K, filed 2021-02-17 |
| FY2021 | 5.4% | 10-K, filed 2022-02-16 |
| FY2022 | 5.1% | 10-K, filed 2023-02-15 |
| FY2023 | 7.4% | 10-K, filed 2024-02-16 |
| FY2024 | 5.7% | 10-K, filed 2025-02-14 |
| FY2025 | 3.3% | 10-K, filed 2026-02-13 |
How each year is computed
Free cash flow / (close at fiscal year end x diluted shares) x 100
P/E, free cash flow yield and EV to EBIT set each filed year against the close on or within a week before that fiscal year's end. The price archive here is about five years deep, so older years of those three read n/a. Per-share figures and share counts are put on today's share count after a confirmed split, the basis the price archive is kept on.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.