Caterpillar Inc. (CAT)
Debt to Equity
since 2005
Difficulty: Beginner
Calculation
Caterpillar Inc., debt to equity, long-term trends, calculation
| Debt to Equity | = | Total debt1 | ÷ | Equity attributable to common stockholders1 | |
|---|---|---|---|---|---|
| Dec 31, 2005 | 3.05 | = | 25,745 | ÷ | 8,432 |
| Dec 31, 2006 | 3.98 | = | 27,296 | ÷ | 6,859 |
| Dec 31, 2007 | 3.20 | = | 28,429 | ÷ | 8,883 |
| Dec 31, 2008 | 5.84 | = | 35,535 | ÷ | 6,087 |
| Dec 31, 2009 | 3.62 | = | 31,631 | ÷ | 8,740 |
| Dec 31, 2010 | 2.63 | = | 28,418 | ÷ | 10,824 |
| Dec 31, 2011 | 2.69 | = | 34,592 | ÷ | 12,883 |
| Dec 31, 2012 | 2.29 | = | 40,143 | ÷ | 17,532 |
| Dec 31, 2013 | 1.81 | = | 37,750 | ÷ | 20,811 |
| Dec 31, 2014 | 2.35 | = | 39,285 | ÷ | 16,746 |
| Dec 31, 2015 | 2.57 | = | 38,093 | ÷ | 14,809 |
| Dec 31, 2016 | 2.80 | = | 36,783 | ÷ | 13,137 |
| Dec 31, 2017 | 2.55 | = | 34,878 | ÷ | 13,697 |
| Dec 31, 2018 | 2.60 | = | 36,553 | ÷ | 14,039 |
Based on: 10-K (filing date: 2006-02-22), 10-K (filing date: 2007-02-23), 10-K (filing date: 2008-02-22), 10-K (filing date: 2009-02-20), 10-K (filing date: 2010-02-19), 10-K (filing date: 2011-02-22), 10-K (filing date: 2012-02-21), 10-K (filing date: 2013-02-19), 10-K (filing date: 2014-02-18), 10-K (filing date: 2015-02-17), 10-K (filing date: 2016-02-16), 10-K (filing date: 2017-02-15), 10-K (filing date: 2018-02-15), 10-K (filing date: 2019-02-14).
1 USD $ in millions
Comparison to Competitors
Caterpillar Inc., debt to equity, long-term trends, comparison to competitors
| Caterpillar Inc. | Illinois Tool Works Inc. | |
|---|---|---|
| Dec 31, 2005 | 3.05 | 0.16 |
| Dec 31, 2006 | 3.98 | 0.16 |
| Dec 31, 2007 | 3.20 | 0.25 |
| Dec 31, 2008 | 5.84 | 0.48 |
| Dec 31, 2009 | 3.62 | 0.36 |
| Dec 31, 2010 | 2.63 | 0.30 |
| Dec 31, 2011 | 2.69 | 0.40 |
| Dec 31, 2012 | 2.29 | 0.48 |
| Dec 31, 2013 | 1.81 | 0.65 |
| Dec 31, 2014 | 2.35 | 1.09 |
| Dec 31, 2015 | 2.57 | 1.42 |
| Dec 31, 2016 | 2.80 | 1.84 |
| Dec 31, 2017 | 2.55 | 1.82 |
| Dec 31, 2018 | 2.60 | 2.27 |
Based on: 10-K (filing date: 2006-02-22), 10-K (filing date: 2007-02-23), 10-K (filing date: 2008-02-22), 10-K (filing date: 2009-02-20), 10-K (filing date: 2010-02-19), 10-K (filing date: 2011-02-22), 10-K (filing date: 2012-02-21), 10-K (filing date: 2013-02-19), 10-K (filing date: 2014-02-18), 10-K (filing date: 2015-02-17), 10-K (filing date: 2016-02-16), 10-K (filing date: 2017-02-15), 10-K (filing date: 2018-02-15), 10-K (filing date: 2019-02-14).
Comparison to Industrial Engineering Sector
Caterpillar Inc., debt to equity, long-term trends, comparison to Industrial Engineering sector
| Caterpillar Inc. | Industrial Engineering | |
|---|---|---|
| Dec 31, 2005 | 3.05 | 1.69 |
| Dec 31, 2006 | 3.98 | 1.81 |
| Dec 31, 2007 | 3.20 | 1.69 |
| Dec 31, 2008 | 5.84 | 2.85 |
| Dec 31, 2009 | 3.62 | 1.98 |
| Dec 31, 2010 | 2.63 | 1.55 |
| Dec 31, 2011 | 2.69 | 1.68 |
| Dec 31, 2012 | 2.29 | 1.61 |
| Dec 31, 2013 | 1.81 | 1.45 |
| Dec 31, 2014 | 2.35 | 1.98 |
| Dec 31, 2015 | 2.57 | 2.27 |
| Dec 31, 2016 | 2.80 | 2.57 |
| Dec 31, 2017 | 2.55 | 2.36 |
| Dec 31, 2018 | 2.60 | 2.54 |
Based on: 10-K (filing date: 2006-02-22), 10-K (filing date: 2007-02-23), 10-K (filing date: 2008-02-22), 10-K (filing date: 2009-02-20), 10-K (filing date: 2010-02-19), 10-K (filing date: 2011-02-22), 10-K (filing date: 2012-02-21), 10-K (filing date: 2013-02-19), 10-K (filing date: 2014-02-18), 10-K (filing date: 2015-02-17), 10-K (filing date: 2016-02-16), 10-K (filing date: 2017-02-15), 10-K (filing date: 2018-02-15), 10-K (filing date: 2019-02-14).
Comparison to Industrials Industry
Caterpillar Inc., debt to equity, long-term trends, comparison to Industrials industry
| Caterpillar Inc. | Industrials | |
|---|---|---|
| Dec 31, 2005 | 3.05 | 1.63 |
| Dec 31, 2006 | 3.98 | 1.83 |
| Dec 31, 2007 | 3.20 | 2.01 |
| Dec 31, 2008 | 5.84 | 2.53 |
| Dec 31, 2009 | 3.62 | 2.17 |
| Dec 31, 2010 | 2.63 | 1.94 |
| Dec 31, 2011 | 2.69 | 1.90 |
| Dec 31, 2012 | 2.29 | 1.72 |
| Dec 31, 2013 | 1.81 | 1.39 |
| Dec 31, 2014 | 2.35 | 1.50 |
| Dec 31, 2015 | 2.57 | 1.30 |
| Dec 31, 2016 | 2.80 | 1.31 |
| Dec 31, 2017 | 2.55 | 1.36 |
| Dec 31, 2018 | 2.60 | 1.49 |
Based on: 10-K (filing date: 2006-02-22), 10-K (filing date: 2007-02-23), 10-K (filing date: 2008-02-22), 10-K (filing date: 2009-02-20), 10-K (filing date: 2010-02-19), 10-K (filing date: 2011-02-22), 10-K (filing date: 2012-02-21), 10-K (filing date: 2013-02-19), 10-K (filing date: 2014-02-18), 10-K (filing date: 2015-02-17), 10-K (filing date: 2016-02-16), 10-K (filing date: 2017-02-15), 10-K (filing date: 2018-02-15), 10-K (filing date: 2019-02-14).