Caterpillar Inc (CAT) — Cash Flow Reinvestment Rate
Caterpillar Inc (CAT) has a Cash Flow Reinvestment Rate of 0.12x as of December 2025, reinvesting $444.00 Million (capex $444.00 Million ) from operating cash flow of $3.59 Billion. Explore reinvestment intensity of Caterpillar Inc to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Caterpillar Inc Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Caterpillar Inc across 34 annual periods. Also explore how large is Caterpillar Inc's balance sheet for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Caterpillar Inc (1989–2025)
Year-by-year capital reinvestment analysis for Caterpillar Inc. For live market cap and broader valuation context, see Caterpillar Inc stock valuation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.12x | $1.47 Billion | $11.74 Billion | $1.47 Billion | ▼ -73.5% |
| 2024 | 0.47x | $5.67 Billion | $12.04 Billion | $3.21 Billion | ▼ -32.3% |
| 2023 | 0.70x | $8.96 Billion | $12.88 Billion | $3.09 Billion | ▲ +5.1% |
| 2022 | 0.66x | $5.14 Billion | $7.77 Billion | $2.60 Billion | ▲ +20.8% |
| 2021 | 0.55x | $3.94 Billion | $7.20 Billion | $2.47 Billion | ▲ +63.1% |
| 2020 | 0.34x | $2.12 Billion | $6.33 Billion | $2.12 Billion | ▼ -23.9% |
| 2019 | 0.44x | $3.05 Billion | $6.91 Billion | $2.67 Billion | ▼ -23.5% |
| 2018 | 0.58x | $3.79 Billion | $6.56 Billion | $2.92 Billion | ▼ -1.1% |
| 2017 | 0.58x | $3.33 Billion | $5.71 Billion | $2.34 Billion | ▼ -29.8% |
| 2016 | 0.83x | $4.69 Billion | $5.64 Billion | $2.93 Billion | ▲ +41.3% |
| 2015 | 0.59x | $3.94 Billion | $6.70 Billion | $3.26 Billion | ▲ +1.8% |
| 2014 | 0.58x | $4.65 Billion | $8.06 Billion | $3.38 Billion | ▼ -2.4% |
| 2013 | 0.59x | $6.03 Billion | $10.19 Billion | $4.45 Billion | ▼ -61.9% |
| 2012 | 1.55x | $8.05 Billion | $5.18 Billion | $5.08 Billion | ▼ -21.7% |
| 2011 | 1.98x | $13.81 Billion | $6.96 Billion | $3.92 Billion | ▼ -10.2% |
| 2010 | 2.21x | $11.07 Billion | $5.01 Billion | $2.59 Billion | ▲ +49.1% |
| 2009 | 1.48x | $9.64 Billion | $6.50 Billion | $2.47 Billion | ▲ +78.3% |
| 2008 | 0.83x | $3.89 Billion | $4.67 Billion | $3.89 Billion | ▲ +117.7% |
| 2007 | 0.38x | $3.04 Billion | $7.96 Billion | $3.04 Billion | ▼ -17.2% |
| 2006 | 0.46x | $2.67 Billion | $5.80 Billion | $2.67 Billion | ▼ -40.5% |
| 2005 | 0.78x | $2.42 Billion | $3.11 Billion | $2.42 Billion | ▼ -21.7% |
| 2001 | 0.99x | $1.97 Billion | $1.99 Billion | $1.97 Billion | ▲ +46.9% |
| 2000 | 0.67x | $1.39 Billion | $2.06 Billion | $1.39 Billion | ▲ +36.4% |
| 1999 | 0.49x | $1.28 Billion | $2.59 Billion | $1.28 Billion | ▼ -30.8% |
| 1998 | 0.71x | $1.27 Billion | $1.78 Billion | $1.27 Billion | ▲ +35.3% |
| 1997 | 0.53x | $1.11 Billion | $2.10 Billion | $1.11 Billion | ▲ +22.0% |
| 1996 | 0.43x | $771.00 Million | $1.78 Billion | $771.00 Million | ▲ +39.5% |
| 1995 | 0.31x | $679.00 Million | $2.19 Billion | $679.00 Million | ▼ -21.5% |
| 1994 | 0.39x | $694.00 Million | $1.76 Billion | $694.00 Million | ▼ -12.2% |
| 1993 | 0.45x | $632.00 Million | $1.41 Billion | $632.00 Million | ▼ -64.6% |
| 1992 | 1.27x | $640.00 Million | $503.00 Million | $640.00 Million | ▲ +5.4% |
| 1991 | 1.21x | $774.00 Million | $641.00 Million | $774.00 Million | ▼ -4.7% |
| 1990 | 1.27x | $1.04 Billion | $820.00 Million | $1.04 Billion | ▲ +5.5% |
| 1989 | 1.20x | $1.09 Billion | $907.00 Million | $1.09 Billion | — |