Caterpillar Inc. (CAT) EBITDA Margin: 21.98%
Is Caterpillar Inc.’s ebitda margin high or low?
Caterpillar Inc.'s ebitda margin of 21.98% is in line with its 5-year average of 21.28%, around the middle of its 5-year range (16.63%–24.75%).
The ebitda margin for Caterpillar Inc. (CAT) is 21.98% as of Tuesday, June 9, 2026. It is below its 12-month average by 5.93% (23.37%).
CAT EBITDA Margin Chart
CAT Average EBITDA Margin Chart
CAT Current vs Average EBITDA Margin Chart
CAT EBITDA Margin Metrics
EBITDA MARGIN
21.98%
EBITDA MARGIN AVG TTM
23.37%
EBITDA MARGIN AVG 3Y
22.34%
EBITDA MARGIN AVG 5Y
21.28%
EBITDA MARGIN AVG 10Y
18.98%
EBITDA MARGIN AVG 15Y
17.82%
EBITDA MARGIN AVG 20Y
17.55%
CURRENT VS TTM AVG
-5.93%
CURRENT VS 3Y AVG
-1.61%
CURRENT VS 5Y AVG
+3.31%
CURRENT VS 10Y AVG
+15.83%
CURRENT VS 15Y AVG
+23.32%
CURRENT VS 20Y AVG
+25.25%
CAT Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Caterpillar Inc. (CAT) | — | 21.98% | 23.37% | 22.34% | 21.28% |
| GE Aerospace (GE) | $345.25B | 26.31% | 25.80% | 25.32% | 19.27% |
| RTX Corporation (RTX) | $244.50B | 16.87% | 16.20% | 15.91% | 14.40% |
| The Boeing Company (BA) | $169.10B | 8.23% | -1.63% | -0.25% | -3.10% |
| Union Pacific Corporation (UNP) | $161.06B | 52.82% | 52.18% | 51.15% | 51.97% |
| Eaton Corporation plc (ETN) | $155.99B | 21.67% | 22.15% | 21.18% | 20.08% |
| Deere & Company (DE) | $155.84B | 26.10% | 26.10% | 28.05% | 26.49% |
| Honeywell International Inc. (HON) | $136.68B | 21.92% | 23.12% | 23.21% | 23.51% |
| Lockheed Martin Corporation (LMT) | $122.23B | 10.33% | 11.37% | 12.85% | 13.50% |
| Parker-Hannifin Corporation (PH) | $114.18B | 27.32% | 26.27% | 22.33% | 21.34% |
Margin Comparison
Gross Margin
32.3%
EBITDA Margin
22.0%
Operating Margin
16.6%
Net Margin
13.1%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Caterpillar Inc. EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Caterpillar Inc. EBITDA Margin FAQ
- What is the ebitda margin for Caterpillar Inc. (CAT)?
- The ebitda margin for CAT stock is 21.98%.
- Is Caterpillar Inc.'s ebitda margin high or low?
- Caterpillar Inc.'s ebitda margin of 21.98% is in line with its 5-year average of 21.28%, around the middle of its 5-year range (16.63%–24.75%).
- What is the TTM average ebitda margin for Caterpillar Inc. (CAT)?
- The TTM average ebitda margin for CAT stock is 23.37%.
- What is the 3Y average ebitda margin for Caterpillar Inc. (CAT)?
- The 3Y average ebitda margin for CAT stock is 22.34%.
- What is the 5Y average ebitda margin for Caterpillar Inc. (CAT)?
- The 5Y average ebitda margin for CAT stock is 21.28%.
- What is the 10Y average ebitda margin for Caterpillar Inc. (CAT)?
- The 10Y average ebitda margin for CAT stock is 18.98%.
- What is the 15Y average ebitda margin for Caterpillar Inc. (CAT)?
- The 15Y average ebitda margin for CAT stock is 17.82%.
- What is the 20Y average ebitda margin for Caterpillar Inc. (CAT)?
- The 20Y average ebitda margin for CAT stock is 17.55%.
Caterpillar Inc. EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 21.98% |
| 2024-12-31 | 24.75% |
| 2023-12-31 | 23.42% |
| 2022-12-31 | 19.21% |
| 2021-12-31 | 21.67% |
| 2020-12-31 | 16.63% |
| 2019-12-31 | 20.09% |
| 2018-12-31 | 20.09% |
| 2017-12-31 | 16.48% |
| 2016-12-31 | 9.54% |
| 2015-12-31 | 14.87% |
| 2014-12-31 | 12.32% |
| 2013-12-31 | 15.60% |
| 2012-12-31 | 17.48% |
| 2011-12-31 | 16.04% |
| 2010-12-31 | 15.00% |
| 2009-12-31 | 13.39% |
| 2008-12-31 | 15.41% |
| 2007-12-31 | 18.25% |
| 2006-12-31 | 18.69% |
| 2005-12-31 | 17.63% |
| 2004-12-31 | 13.47% |
| 2003-12-31 | 15.54% |
| 2002-12-31 | 15.55% |
| 2001-12-31 | 12.13% |
| 2000-12-31 | 17.09% |
| 1999-12-31 | 15.22% |
| 1998-12-31 | 17.20% |
| 1997-12-31 | 18.65% |
| 1996-12-31 | 18.05% |