Caterpillar Inc Cash Flow-to-Debt Ratio
Caterpillar Inc cash flow-to-debt ratio. 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. Check Caterpillar Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Caterpillar Inc (1989–2025)
Cash flow-to-debt ratio of Caterpillar Inc from 1989 to 2025. Historical debt coverage capacity for Caterpillar Inc across 37 annual periods. Check how aggressively does Caterpillar Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Caterpillar Inc Cash Flow-to-Debt Ratio by Year (1989–2025)
Caterpillar Inc cash flow-to-debt ratio by year from 1989 to 2025. Year-by-year debt coverage analysis for Caterpillar Inc. For the full cash flow conversion analysis, see CAT operating cash flow.
| 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 | — |