Caterpillar (XSWX:CAT) Tax Rate %: 20.87% (As of Mar. 2026)


XSWX:CAT Caterpillar Inc XSWX:CAT
83 GF Score
Price CHF784.40
GF Value CHF341.22
! 6 Warning Signs
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What is Caterpillar Tax Rate %?

Caterpillar XSWX:CAT +0.20% 83 Tax Rate % is 20.87% as of Mar. 2026. GuruFocus rates XSWX:CAT with a GF Score™ of 83/100 and a GF Value™ of CHF341.22. The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Caterpillar's Tax Expense for the three months ended in Mar. 2026 was CHF527 Mil. Caterpillar's Pre-Tax Income for the three months ended in Mar. 2026 was CHF2,528 Mil. Therefore, Caterpillar's Tax Rate % for the quarter that ended in Mar. 2026 was 20.87%.

Caterpillar Tax Rate % Related Terms

Caterpillar Tax Rate % Historical Data

* Premium members only.

The historical data trend for Caterpillar's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Caterpillar Tax Rate % Chart

Caterpillar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.23 23.62 21.31 19.66 23.98

Caterpillar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.33 22.92 26.73 23.53 20.87
XSWX:CAT
83GF Score
Caterpillar Inc XSWX:CAT
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Caterpillar Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Caterpillar's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=2205.819/9197.023
=23.98 %

Caterpillar's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=527.491/2528.02
=20.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 20.87% mean?
Caterpillar (XSWX:CAT) has a Tax Rate % of 20.87% as of Mar. 2026.
Is Caterpillar's Tax Rate % too high?
Caterpillar's current Tax Rate % is 20.87%. Overall, Caterpillar has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Caterpillar's Tax Rate % compare to DE and PCAR?
Caterpillar's Tax Rate % of 20.87% can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Farm & Heavy Construction Machinery company?
A good Tax Rate % depends on the Farm & Heavy Construction Machinery industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Caterpillar's current Tax Rate % is 20.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caterpillar stock overvalued right now?
Caterpillar (XSWX:CAT) has a current Tax Rate % of 20.87%. The stock's GF Value™ is CHF341.22, compared to a current price of CHF784.40 — trading 129.9% above its estimated fair value. The current Tax Rate % is 20.87%. Caterpillar's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Caterpillar (XSWX:CAT), the current Tax Rate % is 20.87% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Caterpillar (XSWX:CAT) Overvalued in 2026?

Based on GuruFocus' analysis, Caterpillar stock appears to be overvalued. The current stock price of CHF784.40 is trading 129.9% above its estimated GF Value™ of CHF341.22.

Key valuation signals for XSWX:CAT:

  • Tax Rate %: 20.87%
  • GF Value™: CHF341.22 vs. price of CHF784.40 (129.9% above fair value)
  • GF Score™: 83/100 with 6 warning signs

No single metric tells the full story. See the XSWX:CAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Caterpillar Business Description

Address 5205 N. O\'Connor Boulevard, Suite 100, Irving, TX, USA, 75039
Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its reporting segments are construction, resource, energy, and transportation. Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has a global reach that is approximately evenly balanced between the US and the rest of the world. Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of over 150 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.
83GF Score

Get the complete analysis for XSWX:CAT

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF784.40
Price
CHF341.22
GF Value