Caterpillar Inc. is the world's largest construction equipment manufacturer with headquarters in Peoria, Illinois. In addition to construction machinery, Caterpillar also manufactures diesel engines, gas engines and industrial gas turbines.
Operating Margin for Caterpillar (CAT)
Operating Margin as of June 2023 (TTM): 16.09%
According to Caterpillar's latest financial reports and stock price the company's current Operating Margin is 16.09%. At the end of 2021 the company had an Operating Margin of 16.10%.
Operating Margin history for Caterpillar from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 16.10% | 68.2% |
| 2020 | 9.57% | -34.1% |
| 2019 | 14.52% | 1.58% |
| 2018 | 14.29% | 59.2% |
| 2017 | 8.98% | 2389.36% |
| 2016 | 0.36% | -94.06% |
| 2015 | 6.07% | -34.07% |
| 2014 | 9.21% | -0.03% |
| 2013 | 9.21% | -26.3% |
| 2012 | 12.50% | 11.8% |
| 2011 | 11.18% | 27% |
| 2010 | 8.81% | 401.33% |
| 2009 | 1.76% | -79.85% |
| 2008 | 8.72% | -20.89% |
| 2007 | 11.02% | -5.91% |
| 2006 | 11.71% | 9.07% |
| 2005 | 10.74% | 19.96% |
| 2004 | 8.95% | 37.91% |
| 2003 | 6.49% | 17.38% |
| 2002 | 5.53% | -3.3% |
| 2001 | 5.72% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Cummins
CMI | 10.84% | -32.63% | 🇺🇸 USA |
 Deere & Company DE | 17.60% | 9.38% | 🇺🇸 USA |
 General Electric GE | -4.96% | -130.83% | 🇺🇸 USA |
 Astec Industries
ASTE | 1.19% | -92.60% | 🇺🇸 USA |
 CNH Industrial
CNHI | 11.38% | -29.27% | 🇬🇧 UK |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.