Caterpillar Inc (CAT) — Cash Flow-to-Debt Ratio
Latest as of December 2025:
0.05x
Caterpillar Inc (CAT) has a Cash Flow-to-Debt Ratio of 0.05x as of December 2025, meaning its operating cash flow of $3.59 Billion could theoretically repay 0% of its total liabilities ($77.27 Billion) in one year. Explore CAT strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
0.05x
Operating CF / Total Liabilities
Operating Cash Flow
$3.59 Billion
USD
Total Liabilities
$77.27 Billion
USD
Data as of
Dec 2025
Most recent filing
Caterpillar Inc Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Caterpillar Inc across 37 annual periods. Also explore CAT asset base for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Caterpillar Inc (1989–2025)
Year-by-year debt coverage analysis for Caterpillar Inc. For market capitalisation and broader financial context, see CAT company net worth.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.15x | $11.74 Billion | $77.27 Billion | ▼ -13.8% |
| 2024 | 0.18x | $12.04 Billion | $68.27 Billion | ▼ -7.0% |
| 2023 | 0.19x | $12.88 Billion | $67.97 Billion | ▲ +61.2% |
| 2022 | 0.12x | $7.77 Billion | $66.05 Billion | ▲ +8.3% |
| 2021 | 0.11x | $7.20 Billion | $66.28 Billion | ▲ +8.0% |
| 2020 | 0.10x | $6.33 Billion | $62.95 Billion | ▼ -7.2% |
| 2019 | 0.11x | $6.91 Billion | $63.82 Billion | ▲ +6.4% |
| 2018 | 0.10x | $6.56 Billion | $64.43 Billion | ▲ +12.7% |
| 2017 | 0.09x | $5.71 Billion | $63.20 Billion | ▼ -1.5% |
| 2016 | 0.09x | $5.64 Billion | $61.49 Billion | ▼ -13.1% |
| 2015 | 0.11x | $6.70 Billion | $63.46 Billion | ▼ -11.1% |
| 2014 | 0.12x | $8.06 Billion | $67.86 Billion | ▼ -25.4% |
| 2013 | 0.16x | $10.19 Billion | $64.02 Billion | ▲ +119.2% |
| 2012 | 0.07x | $5.18 Billion | $71.39 Billion | ▼ -28.7% |
| 2011 | 0.10x | $6.96 Billion | $68.29 Billion | ▲ +8.1% |
| 2010 | 0.09x | $5.01 Billion | $53.16 Billion | ▼ -26.4% |
| 2009 | 0.13x | $6.50 Billion | $50.74 Billion | ▲ +67.4% |
| 2008 | 0.08x | $4.67 Billion | $61.07 Billion | ▼ -54.7% |
| 2007 | 0.17x | $7.96 Billion | $47.14 Billion | ▲ +29.8% |
| 2006 | 0.13x | $5.80 Billion | $44.59 Billion | ▲ +63.4% |
| 2005 | 0.08x | $3.11 Billion | $39.12 Billion | ▲ +171.0% |
| 2004 | -0.11x | $-3.99 Billion | $35.63 Billion | ▲ +38.8% |
| 2003 | -0.18x | $-5.61 Billion | $30.63 Billion | ▼ -25.9% |
| 2002 | -0.15x | $-3.96 Billion | $27.23 Billion | ▼ -283.4% |
| 2001 | 0.08x | $1.99 Billion | $25.05 Billion | ▼ -11.9% |
| 2000 | 0.09x | $2.06 Billion | $22.86 Billion | ▼ -26.1% |
| 1999 | 0.12x | $2.59 Billion | $21.25 Billion | ▲ +37.1% |
| 1998 | 0.09x | $1.78 Billion | $20.00 Billion | ▼ -31.8% |
| 1997 | 0.13x | $2.10 Billion | $16.08 Billion | ▲ +6.9% |
| 1996 | 0.12x | $1.78 Billion | $14.61 Billion | ▼ -25.1% |
| 1995 | 0.16x | $2.19 Billion | $13.44 Billion | ▲ +23.7% |
| 1994 | 0.13x | $1.76 Billion | $13.34 Billion | ▲ +18.2% |
| 1993 | 0.11x | $1.41 Billion | $12.61 Billion | ▲ +173.8% |
| 1992 | 0.04x | $503.00 Million | $12.36 Billion | ▼ -49.2% |
| 1991 | 0.08x | $641.00 Million | $8.00 Billion | ▼ -27.6% |
| 1990 | 0.11x | $820.00 Million | $7.41 Billion | ▼ -21.3% |
| 1989 | 0.14x | $907.00 Million | $6.45 Billion | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.