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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

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY2025469M−3%
FY2024482.6M−5%
FY2023507.4M−3%
FY2022520.9M−4%
FY2021543.5M−1%
FY2020551M−1%
FY2019557.7M−5%
FY2018586.3M−2%
FY2017596.3M+2%
FY2016585.8M+0%
FY2015583.6M−6%
FY2014617.6M−5%
FY2013650.6M−3%
FY2012669.3M+0%
FY2011666.1M+1%

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY26462.5M−2%
Q1 FY26465.8M−2%
Q4 FY25469M−3%
Q3 FY25470.8M−3%
Q2 FY25471.5M−4%
Q1 FY25477.1M−4%
Q4 FY24482.6M−5%
Q3 FY24486.7M−5%
Q2 FY24489.5M−5%
Q1 FY24496.9M−4%
Q4 FY23507.4M−3%
Q3 FY23512.6M−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.