Caterpillar Inc. (CAT): price to earnings, 10 filed years
P/E at Caterpillar Inc. was 30.46x in FY2025, the newest filed year. Across the 9 computed years from FY2017 it ranged from 12.38x (FY2018) to 125.06x (FY2017), with a median of 17.48x.
Tonight's figure on the company page: 38.92x, 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 | P/E | Read from |
|---|---|---|
| FY2016 Earnings per share is zero or below, so a price to earnings ratio is not defined (n/m). | n/m | 10-K, filed 2017-02-15 |
| FY2017 | 125.06x | 10-K, filed 2018-02-15 |
| FY2018 | 12.38x | 10-K, filed 2019-02-14 |
| FY2019 | 13.75x | 10-K, filed 2020-02-19 |
| FY2020 | 33.34x | 10-K, filed 2021-02-17 |
| FY2021 | 17.48x | 10-K, filed 2022-02-16 |
| FY2022 | 18.95x | 10-K, filed 2023-02-15 |
| FY2023 | 14.70x | 10-K, filed 2024-02-16 |
| FY2024 | 16.45x | 10-K, filed 2025-02-14 |
| FY2025 | 30.46x | 10-K, filed 2026-02-13 |
How each year is computed
Close at fiscal year end / diluted earnings per share
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.