As of April 1, 2026, Caterpillar Inc (CAT) reports a Current Ratio of 1.44.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Caterpillar Inc's Current Ratio
Over recent years, Caterpillar Inc's Current Ratio has shown a stable trend. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2025-12-31 | 1.44 |
| 2024-12-31 | 1.42 |
| 2023-12-31 | 1.35 |
| 2022-12-31 | 1.39 |
| 2021-12-31 | 1.46 |
This slight upward trend highlights how Caterpillar Inc manages its short-term assets and liabilities over time.
Comparing Caterpillar Inc's Current Ratio to Peers
To better understand Caterpillar Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Caterpillar Inc (CAT) | 1.44 |
| Allison Transmission Holdings Inc (ALSN) | 4.85 |
| Alamo Group Inc (ALG) | 4.57 |
| Miller Industries Inc (MLR) | 3.22 |
| Federal Signal Corp (FSS) | 3.02 |
| Douglas Dynamics Inc (PLOW) | 2.78 |
Compared to its competitors, Caterpillar Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.