Paying users zone. Data is hidden behind hidden .

Get 1-month access to Caterpillar Inc. for $17.99, or
get full access to the entire website for at least 3 months from $49.99.

We accept:

This is a one-time payment. There is no automatic renewal.

Caterpillar Inc. (CAT)

Analysis of Profitability Ratios
Quarterly Data

Beginner level

Profitability ratios measure the company’s ability to generate profitable sales from its resources (assets).

Profitability Ratios (Summary)
Gross Profit Margin
Operating Profit Margin
Net Profit Margin
Return on Equity (ROE)
Return on Assets (ROA)

Profitability Ratios (Summary)

Caterpillar Inc., profitability ratios (quarterly data)

		Sep 30, 2019	Jun 30, 2019	Mar 31, 2019		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018		Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017		Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016		Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015		Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Return on Sales
	Gross profit margin
	Operating profit margin
	Net profit margin
	Return on Investment
	Return on equity (ROE)
	Return on assets (ROA)

Based on: 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-06), 10-K (filing date: 2019-02-14), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-08-07), 10-Q (filing date: 2018-05-02), 10-K (filing date: 2018-02-15), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-15), 10-Q (filing date: 2016-11-02), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-02), 10-K (filing date: 2016-02-16), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01), 10-K (filing date: 2015-02-17), 10-Q (filing date: 2014-10-31), 10-Q (filing date: 2014-08-01), 10-Q (filing date: 2014-05-02).

Profitability ratio	Description	The company
Gross profit margin	Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures.	Caterpillar Inc.’s gross profit margin ratio deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.
Operating profit margin	A profitability ratio calculated as operating income divided by revenue.	Caterpillar Inc.’s operating profit margin ratio deteriorated from Q1 2019 to Q2 2019 but then improved from Q2 2019 to Q3 2019 not reaching Q1 2019 level.
Net profit margin	An indicator of profitability, calculated as net income divided by revenue.	Caterpillar Inc.’s net profit margin ratio deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.

Profitability ratio	Description	The company
ROE	A profitability ratio calculated as net income divided by shareholders’ equity.	Caterpillar Inc.’s ROE improved from Q1 2019 to Q2 2019 but then deteriorated significantly from Q2 2019 to Q3 2019.
ROA	A profitability ratio calculated as net income divided by total assets.	Caterpillar Inc.’s ROA deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.

Gross Profit Margin

Caterpillar Inc., gross profit margin calculation (quarterly data)

		Sep 30, 2019	Jun 30, 2019	Mar 31, 2019		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018		Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017		Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016		Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015		Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Selected Financial Data (US$ in millions)
	Gross margin
	Sales of Machinery, Energy & Transportation
	Profitability Ratio
	Gross profit margin¹
	Benchmarks
	Gross Profit Margin, Competitors²
	Illinois Tool Works Inc.

Based on: 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-06), 10-K (filing date: 2019-02-14), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-08-07), 10-Q (filing date: 2018-05-02), 10-K (filing date: 2018-02-15), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-15), 10-Q (filing date: 2016-11-02), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-02), 10-K (filing date: 2016-02-16), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01), 10-K (filing date: 2015-02-17), 10-Q (filing date: 2014-10-31), 10-Q (filing date: 2014-08-01), 10-Q (filing date: 2014-05-02).

¹ Q3 2019 Calculation
Gross profit margin = 100 × (Gross margin_{Q3 2019} + Gross margin_{Q2 2019} + Gross margin_{Q1 2019} + Gross margin_{Q4 2018}) ÷ (Sales of Machinery, Energy & Transportation_{Q3 2019} + Sales of Machinery, Energy & Transportation_{Q2 2019} + Sales of Machinery, Energy & Transportation_{Q1 2019} + Sales of Machinery, Energy & Transportation_{Q4 2018})
= 100 × ( + + + ) ÷ ( + + + ) =

² Click competitor name to see calculations.

Profitability ratio	Description	The company
Gross profit margin	Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures.	Caterpillar Inc.’s gross profit margin ratio deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.

Operating Profit Margin

Caterpillar Inc., operating profit margin calculation (quarterly data)

		Sep 30, 2019	Jun 30, 2019	Mar 31, 2019		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018		Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017		Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016		Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015		Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Selected Financial Data (US$ in millions)
	Operating profit
	Sales of Machinery, Energy & Transportation
	Profitability Ratio
	Operating profit margin¹
	Benchmarks
	Operating Profit Margin, Competitors²
	Illinois Tool Works Inc.

Based on: 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-06), 10-K (filing date: 2019-02-14), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-08-07), 10-Q (filing date: 2018-05-02), 10-K (filing date: 2018-02-15), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-15), 10-Q (filing date: 2016-11-02), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-02), 10-K (filing date: 2016-02-16), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01), 10-K (filing date: 2015-02-17), 10-Q (filing date: 2014-10-31), 10-Q (filing date: 2014-08-01), 10-Q (filing date: 2014-05-02).

¹ Q3 2019 Calculation
Operating profit margin = 100 × (Operating profit_{Q3 2019} + Operating profit_{Q2 2019} + Operating profit_{Q1 2019} + Operating profit_{Q4 2018}) ÷ (Sales of Machinery, Energy & Transportation_{Q3 2019} + Sales of Machinery, Energy & Transportation_{Q2 2019} + Sales of Machinery, Energy & Transportation_{Q1 2019} + Sales of Machinery, Energy & Transportation_{Q4 2018})
= 100 × ( + + + ) ÷ ( + + + ) =

² Click competitor name to see calculations.

Profitability ratio	Description	The company
Operating profit margin	A profitability ratio calculated as operating income divided by revenue.	Caterpillar Inc.’s operating profit margin ratio deteriorated from Q1 2019 to Q2 2019 but then improved from Q2 2019 to Q3 2019 not reaching Q1 2019 level.

Net Profit Margin

Caterpillar Inc., net profit margin calculation (quarterly data)

		Sep 30, 2019	Jun 30, 2019	Mar 31, 2019		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018		Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017		Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016		Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015		Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Selected Financial Data (US$ in millions)
	Profit (loss) attributable to common stockholders
	Sales of Machinery, Energy & Transportation
	Profitability Ratio
	Net profit margin¹
	Benchmarks
	Net Profit Margin, Competitors²
	Illinois Tool Works Inc.

Based on: 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-06), 10-K (filing date: 2019-02-14), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-08-07), 10-Q (filing date: 2018-05-02), 10-K (filing date: 2018-02-15), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-15), 10-Q (filing date: 2016-11-02), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-02), 10-K (filing date: 2016-02-16), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01), 10-K (filing date: 2015-02-17), 10-Q (filing date: 2014-10-31), 10-Q (filing date: 2014-08-01), 10-Q (filing date: 2014-05-02).

¹ Q3 2019 Calculation
Net profit margin = 100 × (Profit (loss) attributable to common stockholders_{Q3 2019} + Profit (loss) attributable to common stockholders_{Q2 2019} + Profit (loss) attributable to common stockholders_{Q1 2019} + Profit (loss) attributable to common stockholders_{Q4 2018}) ÷ (Sales of Machinery, Energy & Transportation_{Q3 2019} + Sales of Machinery, Energy & Transportation_{Q2 2019} + Sales of Machinery, Energy & Transportation_{Q1 2019} + Sales of Machinery, Energy & Transportation_{Q4 2018})
= 100 × ( + + + ) ÷ ( + + + ) =

² Click competitor name to see calculations.

Profitability ratio	Description	The company
Net profit margin	An indicator of profitability, calculated as net income divided by revenue.	Caterpillar Inc.’s net profit margin ratio deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.

Return on Equity (ROE)

Caterpillar Inc., ROE calculation (quarterly data)

		Sep 30, 2019	Jun 30, 2019	Mar 31, 2019		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018		Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017		Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016		Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015		Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Selected Financial Data (US$ in millions)
	Profit (loss) attributable to common stockholders
	Shareholders’ equity attributable to common shareholders
	Profitability Ratio
	ROE¹
	Benchmarks
	ROE, Competitors²
	Illinois Tool Works Inc.

Based on: 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-06), 10-K (filing date: 2019-02-14), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-08-07), 10-Q (filing date: 2018-05-02), 10-K (filing date: 2018-02-15), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-15), 10-Q (filing date: 2016-11-02), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-02), 10-K (filing date: 2016-02-16), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01), 10-K (filing date: 2015-02-17), 10-Q (filing date: 2014-10-31), 10-Q (filing date: 2014-08-01), 10-Q (filing date: 2014-05-02).

¹ Q3 2019 Calculation
ROE = 100 × (Profit (loss) attributable to common stockholders_{Q3 2019} + Profit (loss) attributable to common stockholders_{Q2 2019} + Profit (loss) attributable to common stockholders_{Q1 2019} + Profit (loss) attributable to common stockholders_{Q4 2018}) ÷ Shareholders’ equity attributable to common shareholders
= 100 × ( + + + ) ÷ =

² Click competitor name to see calculations.

Profitability ratio	Description	The company
ROE	A profitability ratio calculated as net income divided by shareholders’ equity.	Caterpillar Inc.’s ROE improved from Q1 2019 to Q2 2019 but then deteriorated significantly from Q2 2019 to Q3 2019.

Return on Assets (ROA)

Caterpillar Inc., ROA calculation (quarterly data)

		Sep 30, 2019	Jun 30, 2019	Mar 31, 2019		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018		Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017		Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016		Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015		Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Selected Financial Data (US$ in millions)
	Profit (loss) attributable to common stockholders
	Total assets
	Profitability Ratio
	ROA¹
	Benchmarks
	ROA, Competitors²
	Illinois Tool Works Inc.

Based on: 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-05-06), 10-K (filing date: 2019-02-14), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-08-07), 10-Q (filing date: 2018-05-02), 10-K (filing date: 2018-02-15), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-15), 10-Q (filing date: 2016-11-02), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-02), 10-K (filing date: 2016-02-16), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01), 10-K (filing date: 2015-02-17), 10-Q (filing date: 2014-10-31), 10-Q (filing date: 2014-08-01), 10-Q (filing date: 2014-05-02).

¹ Q3 2019 Calculation
ROA = 100 × (Profit (loss) attributable to common stockholders_{Q3 2019} + Profit (loss) attributable to common stockholders_{Q2 2019} + Profit (loss) attributable to common stockholders_{Q1 2019} + Profit (loss) attributable to common stockholders_{Q4 2018}) ÷ Total assets
= 100 × ( + + + ) ÷ =

² Click competitor name to see calculations.

Profitability ratio	Description	The company
ROA	A profitability ratio calculated as net income divided by total assets.	Caterpillar Inc.’s ROA deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.

	Caterpillar Inc.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis of Components of Financial Statements
Financial Reporting Quality

Price of access to Caterpillar Inc.^*

1 month

$17.99

* You can pay in USD, CHF, GBP or EUR.

	All companies
Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis of Components of Financial Statements
Financial Reporting Quality

Prices of access to the entire website^*

3 months

$49.99

6 months

12% off

~~$99.98~~

$87.49

9 months

25% off

~~$149.97~~

$112.49

12 months

37% off

~~$199.96~~

$124.99

* You can pay in USD, CHF, GBP or EUR.