Caterpillar Inc Capital Reinvestment Ratio
Caterpillar Inc capital reinvestment ratio. Caterpillar Inc (CAT) has a Capital Reinvestment Ratio of 0.12x as of December 2025, meaning it reinvests 0% of its operating cash flow ($3.59 Billion) in capital expenditures ($444.00 Million). Check cash flow reinvestment rate of Caterpillar Inc to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Caterpillar Inc (1989–2025)
Capital reinvestment ratio of Caterpillar Inc from 1989 to 2025. This chart tracks Caterpillar Inc's Capital Reinvestment Ratio across 34 annual periods. Also explore Caterpillar Inc (CAT) equity growth momentum to track the company's year-over-year net asset growth rate.
Caterpillar Inc Capital Reinvestment Ratio by Year (1989–2025)
Caterpillar Inc capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see CAT cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | $11.74 Billion | $1.47 Billion | ▼ -53.3% |
| 2024 | 0.27x | $12.04 Billion | $3.21 Billion | ▲ +11.3% |
| 2023 | 0.24x | $12.88 Billion | $3.09 Billion | ▼ -28.3% |
| 2022 | 0.33x | $7.77 Billion | $2.60 Billion | ▼ -2.6% |
| 2021 | 0.34x | $7.20 Billion | $2.47 Billion | ▲ +2.7% |
| 2020 | 0.33x | $6.33 Billion | $2.12 Billion | ▼ -13.4% |
| 2019 | 0.39x | $6.91 Billion | $2.67 Billion | ▼ -13.2% |
| 2018 | 0.44x | $6.56 Billion | $2.92 Billion | ▲ +8.6% |
| 2017 | 0.41x | $5.71 Billion | $2.34 Billion | ▼ -21.2% |
| 2016 | 0.52x | $5.64 Billion | $2.93 Billion | ▲ +6.7% |
| 2015 | 0.49x | $6.70 Billion | $3.26 Billion | ▲ +16.1% |
| 2014 | 0.42x | $8.06 Billion | $3.38 Billion | ▼ -3.9% |
| 2013 | 0.44x | $10.19 Billion | $4.45 Billion | ▼ -55.4% |
| 2012 | 0.98x | $5.18 Billion | $5.08 Billion | ▲ +73.6% |
| 2011 | 0.56x | $6.96 Billion | $3.92 Billion | ▲ +9.3% |
| 2010 | 0.52x | $5.01 Billion | $2.59 Billion | ▲ +35.7% |
| 2009 | 0.38x | $6.50 Billion | $2.47 Billion | ▼ -54.3% |
| 2008 | 0.83x | $4.67 Billion | $3.89 Billion | ▲ +117.7% |
| 2007 | 0.38x | $7.96 Billion | $3.04 Billion | ▼ -17.2% |
| 2006 | 0.46x | $5.80 Billion | $2.67 Billion | ▼ -40.5% |
| 2005 | 0.78x | $3.11 Billion | $2.42 Billion | ▼ -21.7% |
| 2001 | 0.99x | $1.99 Billion | $1.97 Billion | ▲ +46.9% |
| 2000 | 0.67x | $2.06 Billion | $1.39 Billion | ▲ +36.4% |
| 1999 | 0.49x | $2.59 Billion | $1.28 Billion | ▼ -30.8% |
| 1998 | 0.71x | $1.78 Billion | $1.27 Billion | ▲ +35.3% |
| 1997 | 0.53x | $2.10 Billion | $1.11 Billion | ▲ +22.0% |
| 1996 | 0.43x | $1.78 Billion | $771.00 Million | ▲ +39.5% |
| 1995 | 0.31x | $2.19 Billion | $679.00 Million | ▼ -21.5% |
| 1994 | 0.39x | $1.76 Billion | $694.00 Million | ▼ -12.2% |
| 1993 | 0.45x | $1.41 Billion | $632.00 Million | ▼ -64.6% |
| 1992 | 1.27x | $503.00 Million | $640.00 Million | ▲ +5.4% |
| 1991 | 1.21x | $641.00 Million | $774.00 Million | ▼ -4.7% |
| 1990 | 1.27x | $820.00 Million | $1.04 Billion | ▲ +5.5% |
| 1989 | 1.20x | $907.00 Million | $1.09 Billion | — |