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CATERPILLAR INC Income Tax Expense 2007-2026 | CAT

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What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is CATERPILLAR INC's current income tax expense?

CATERPILLAR INC (CAT) annual income tax expense for 2025 was $2.77B, a 5.29% increase from 2024. CATERPILLAR INC income tax expense for the quarter ending March 31, 2026 was $670.0M.

What was CATERPILLAR INC's income tax expense in 2024?

CATERPILLAR INC annual income tax expense for 2024 was $2.63B, a 5.47% decline from 2023.

What was CATERPILLAR INC's income tax expense in 2023?

CATERPILLAR INC annual income tax expense for 2023 was $2.78B, a 34.54% increase from 2022.

What is CATERPILLAR INC's 5-year income tax expense CAGR?

CATERPILLAR INC income tax expense grew at a compound annual growth rate (CAGR) of 22.44% from FY2020 to FY2025, going from $1.01B to $2.77B over 5 years.

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR+22.4%
FY2020
$1.01B
FY2025
$2.77B
07080910111213141516171819202122232425
5 years selected
Income Tax Expense History
PeriodValueChangeSource
FY2025$2.77B+5.3%10-K
FY2024$2.63B-5.5%10-K
FY2023$2.78B+34.5%10-K
FY2022$2.07B+18.7%10-K
FY2021$1.74B+73.2%10-K
FY2020$1.01B-42.4%10-K
FY2019$1.75B+2.8%10-K
FY2018$1.70B-49.1%10-K
FY2017$3.34B+1639.1%10-K
FY2016$192.0M-79.0%10-K
FY2015$916.0M+32.4%10-K
FY2014$692.0M-47.5%10-K
FY2013$1.32B-47.8%10-K
FY2012$2.53B+47.0%10-K
FY2011$1.72B+77.7%10-K
FY2010$968.0M+458.5%10-K
FY2009$-270.0M-128.3%10-K
FY2008$953.0M-35.8%10-K
FY2007$1.49B-10-K
Company: CATERPILLAR INCTicker: CATSector: IndustrialIndustry: Construction Machinery & EquipView company profile →