CAT · Earnings call · 2026Q3T · Full report

Income Tax Rate Changes

CATERPILLAR INC · 2026-10-29 · Importance 13 · Surprise 6

The third-quarter 2026 provision for income taxes, excluding discrete items, reflected a global estimated annual effective tax rate of 23%. Caterpillar continues to estimate a 23% global annual effective tax rate for full-year 2026, excluding discrete items.

Key facts

• Caterpillar estimates its 2026 global annual effective tax rate at approximately 23%, excluding discrete items.
• Caterpillar's estimated annual effective tax rate for the third quarter of 2026 was 23%, excluding discrete items.