Caterpillar shares outstanding CAT
Diluted shares outstanding, averaged over each quarter, from 2008.
- Latest quarter, to Jun 30, 2026
- 462.5M
- On a year earlier
- −1.9%
- fewer shares
Caterpillar had 462.5M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 1.9% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 469M | −3% |
| FY2024 | 482.6M | −5% |
| FY2023 | 507.4M | −3% |
| FY2022 | 520.9M | −4% |
| FY2021 | 543.5M | −1% |
| FY2020 | 551M | −1% |
| FY2019 | 557.7M | −5% |
| FY2018 | 586.3M | −2% |
| FY2017 | 596.3M | +2% |
| FY2016 | 585.8M | +0% |
| FY2015 | 583.6M | −6% |
| FY2014 | 617.6M | −5% |
| FY2013 | 650.6M | −3% |
| FY2012 | 669.3M | +0% |
| FY2011 | 666.1M | +1% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 462.5M | −2% | |
| Q1 FY26 | 465.8M | −2% | |
| Q4 FY25 | 469M | −3% | |
| Q3 FY25 | 470.8M | −3% | |
| Q2 FY25 | 471.5M | −4% | |
| Q1 FY25 | 477.1M | −4% | |
| Q4 FY24 | 482.6M | −5% | |
| Q3 FY24 | 486.7M | −5% | |
| Q2 FY24 | 489.5M | −5% | |
| Q1 FY24 | 496.9M | −4% | |
| Q4 FY23 | 507.4M | −3% | |
| Q3 FY23 | 512.6M | −3% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Caterpillar
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.