Caterpillar — Returns

RETURN METRICS

TICKER: [US.CAT - Caterpillar]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]


Parameter  Value
----------------
ROIIC LAG     3Y
Tax Rate   21.0%


[+] ROE Quality: Mean 30.4% (Mean > 15% = high quality)
[~] ROE Stability: CoV 54.7% (CoV < 10% = highly stable)
[~] ROIC Quality: Mean 11.6% (> 15% = high quality)
[+] ROIIC Efficiency: 30.6% (> 10% = value creating)
[+] ROIC Trend: 0.75%/yr (Slope > 0.5%/yr = strengthening moat)


Metric                  Value
-----------------------------
ROE CoV (Stability)     54.7%
ROIC Trend (Slope)   0.75%/yr


Period         ROE    ROTE    ROA   ROIC  ROIIC-3Y
--------------------------------------------------
2010 ANNUAL  24.9%   36.5%   4.3%      -         -
2011 ANNUAL  38.3%  343.4%   6.1%  13.1%         -
2012 ANNUAL  32.4%   86.4%   6.4%  13.8%         -
2013 ANNUAL  18.2%   36.9%   4.5%   7.7%         -
2014 ANNUAL  14.6%   35.1%   2.9%   4.6%    -15.8%
2015 ANNUAL  17.0%   46.8%   3.2%   5.5%    -50.3%
2016 ANNUAL  -0.5%   -1.4%  -0.1%   2.7%     66.8%
2017 ANNUAL   5.5%   14.0%   1.0%   7.2%    -10.8%
2018 ANNUAL  43.8%  103.7%   7.8%  13.2%    -49.5%
2019 ANNUAL  41.8%   89.2%   7.8%  12.7%   -231.4%
2020 ANNUAL  19.6%   39.3%   3.8%   7.5%      3.2%
2021 ANNUAL  39.4%   71.2%   7.8%  12.3%     20.6%
2022 ANNUAL  42.3%   68.3%   8.2%  15.4%     -7.6%
2023 ANNUAL  53.0%   75.9%  11.8%  21.3%   -104.1%
2024 ANNUAL  55.4%   77.9%  12.3%  20.4%     67.5%
2025 ANNUAL  41.7%   56.4%   9.0%  16.7%     30.6%