Sign in

Private company

CATERPILLAR FINANCIAL SERVICES CORP

CATERPILLAR FINANCIAL SERVICES CORP is an American miscellaneous business credit institution company based in Nashville.2

Last updated Oct 21, 2026.

Overview

  • IndustryMiscellaneous Business Credit Institution2
  • HeadquartersNashville, United States2
  • Incorporated inDE3
  • Business address2120 West End Ave, Nashville, Tn 372033
  • Filer categoryNon-accelerated filer3
  • Legal formCorporation2
  • LEIEDBQKYOPJUCJKLOJDE722
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 9213232

See how the biggest companies compare on our leaderboards

Caterpillar Financial Services Corporation was organized in 1981 in the State of Delaware (together with its subsidiaries, “Cat Financial,” “the Company,” “we” or “our”). We are a wholly-owned finance subsidiary of Caterpillar Inc. (together with its other subsidiaries, “Caterpillar” or “Cat”), and our corporate headquarters is located in Nashville, Tennessee. A significant portion of our business activity is conducted in North America, and we have additional offices and subsidiaries in Latin America, Asia/Pacific, Europe and Africa.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

14.9%Net margin5
4.2%Revenue growth, 20255
16.7%Return on equity5
6.20×Debt to equity5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Selling, general and admin18¢$666.0M
  • Other costs62¢$2.2B
  • Income tax5¢$193.0M
  • Profit15¢$540.0M

Out of $3.6B in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid60¢$500.0M
  • Kept or used elsewhere40¢$337.0M

Out of $837.0M of cash from operations.5

Financial statements

Revenue67895$3.6B in 2025+23% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $3.0B$3.0B20192020: $2.5B$2.5B2020−14%2021: $2.6B$2.6B2021+0%2022: $2.7B$2.7B2022+7%2023: $3.2B$3.2B2023+19%2024: $3.5B$3.5B2024+7%2025: $3.6B$3.6B2025+4%
Net income67895$540.0M in 2025+32% since 2019
0$200.0M$400.0M$600.0M2019: $410.0M$410.0M20192020: $293.0M$293.0M2020−29%2021: $505.0M$505.0M2021+72%2022: $535.0M$535.0M2022+6%2023: $563.0M$563.0M2023+5%2024: $598.0M$598.0M2024+6%2025: $540.0M$540.0M2025−10%
Fiscal year2019202020212022202320242025
Revenue$3.0B6$2.5B7$2.6B8$2.7B9$3.2B5$3.5B5$3.6B5
Selling, general and admin$516.0M6$433.0M7$528.0M8$531.0M9$588.0M5$644.0M5$666.0M5
Operating expenses$1.8B8$1.9B9$2.4B5$2.8B5$2.9B5
Interest$787.0M6$591.0M7$455.0M8$566.0M8$1.0B8
Income before tax$695.0M8$731.0M9$760.0M5$533.0M5$734.0M5
Income tax$196.0M6$126.0M7$178.0M8$189.0M9$192.0M5-$66.0M5$193.0M5
Net income$410.0M6$293.0M7$505.0M8$535.0M9$563.0M5$598.0M5$540.0M5

Compare CATERPILLAR FINANCIAL SERVICES CORP with another company

Corporate structure

CATERPILLAR FINANCIAL SERVICES CORP is part of a group headed by Caterpillar Inc.. 441 entities, 52 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Caterpillar Inc. Irving, Texas, United States
    • CATERPILLAR FINANCIAL SERVICES CORP Nashville, Tennessee, United States
      • Caterpillar (China) Financial Leasing Co., Ltd (卡特彼勒（中国）融资租赁有限公司) Subsidiary · 北京, China
      • CATERPILLAR CREDITO SA DE CV SOFOM ENR Subsidiary · Monterrey, Mexico
      • CATERPILLAR FINANCE FRANCE Subsidiary · Paris, France
      • Caterpillar Finance Inc. (キャタピラー・ファイナンス株式会社) Subsidiary · 横浜, Japan
      • CATERPILLAR FINANCIAL AUSTRALIA LEASING PTY LIMITED Subsidiary · Melbourne, Australia
      • CATERPILLAR FINANCIAL AUSTRALIA LIMITED Subsidiary · Melbourne, Australia
      • CATERPILLAR FINANCIAL COMMERCIAL ACCOUNT CORPORATION Subsidiary · Nashville, Tennessee, United States
      • CATERPILLAR FINANCIAL CORPORACION FINANCIERA SOCIEDAD ANONIMA ESTABLECIMIENTO FINANCIERO DE CREDITO Subsidiary · Madrid, Spain
        • Caterpillar Financial Corporacion Financiera Sociedad Anonima Establecimiento Financiero De Credito Branch · Madrid, Spain
      • Caterpillar Financial Leasing (Shanghai) Co., Ltd (卡特彼勒融资租赁（上海）有限公司) Subsidiary · 上海, China
      • CATERPILLAR FINANCIAL NEW ZEALAND LIMITED Subsidiary · Auckland, New Zealand
      • CATERPILLAR FINANCIAL RECEIVABLES CORPORATION Subsidiary · Nashville, Tennessee, United States
      • CATERPILLAR FINANCIAL SERVICES (DUBAI) LIMITED Subsidiary · Dubai, United Arab Emirates
      • CATERPILLAR FINANCIAL SERVICES (IRELAND) PLC Subsidiary · Dublin, Ireland
      • CATERPILLAR FINANCIAL SERVICES ASIA PTE LTD Subsidiary · Singapore, Singapore
      • CATERPILLAR FINANCIAL SERVICES CR, S.R.O. (CATERPILLAR FINANCIAL SERVICES ČR, S.R.O.) Subsidiary · Modletice, Praha-Vychod, Czechia
      • CATERPILLAR FINANCIAL SERVICES INDIA PRIVATE LIMITED Subsidiary · Bangalore, India
      • CATERPILLAR FINANCIAL SERVICES LEASING ULC Subsidiary · Calgary, Alberta, Canada
      • CATERPILLAR FINANCIAL SERVICES LIMITED Subsidiary · Burlington, Ontario, Canada
      • CATERPILLAR FINANCIAL SERVICES MALAYSIA SDN. BHD. Subsidiary · Kuala Selangor, Malaysia
      • CATERPILLAR FINANCIAL SERVICES NORWAY AS Subsidiary · Oslo, Norway
      • CATERPILLAR FINANCIAL SERVICES PHILIPPINES INC. Subsidiary · Quezon City, Philippines
      • Caterpillar Financial Services Poland Spolka Z Ograniczona Odpowiedzialnoscia Subsidiary · Warsaw, Poland
      • CATERPILLAR FINANCIAL SERVICES SOUTH AFRICA Subsidiary · Johannesburg, South Africa
      • Caterpillar International Finance Designated Activity Company Subsidiary · Dublin, Ireland
      • Caterpillar Leasing (Thailand) Co., Ltd. (บริษัท แคทเทอร์พิลลาร์ ลิสซิ่ง (ประเทศไทย) จำกัด) Subsidiary · กรุงเทพฯ, Thailand
      • and 1 more
    • MWM Boulogne Billancourt, France
      • Phase Subsidiary · Boulogne-Billancourt, France
    • Caterpillar (Switzerland) Subsidiary · Geneva, Switzerland
    • Caterpillar Germany Subsidiary · Garching bei München, Germany
    • Progress Rail Services Subsidiary · Albertville
    • Solar Turbines Subsidiary · San Diego
    • 10G LLC Subsidiary · Delaware, United States
    • 1214213 B.C. Ltd. Subsidiary · Canada
    • 124 Adams Property Holdings LLC Subsidiary · Illinois, United States
    • 1634730 Alberta Ltd. Subsidiary · Canada
    • Advanced Filtration Systems Inc. Subsidiary · Delaware, United States
    • AFSI Europe s.r.o. Subsidiary · Czechia
    • Amsted RPS/Schwihag JV LLC Subsidiary · Delaware, United States
    • AP Operation & Maintenance Limited Subsidiary · Jersey
    • Asia Power (Private) Limited Subsidiary · Sri Lanka
    • Asia Power Systems (Tianjin) Ltd. Subsidiary · China
    • AsiaTrak (Tianjin) Ltd. Subsidiary · China
    • Banco Caterpillar S.A. Subsidiary · Brazil
    • Bucyrus Australia Surface Pty. Ltd. Subsidiary · Australia
    • Bucyrus International (Peru) S.A. Subsidiary · Peru
    • Bucyrus Mining Australia Pty. Ltd. Subsidiary · Australia
    • Bucyrus Mining China LLC Subsidiary · Delaware, United States
    • CAAF Dell' Industria Dell'Emilia Centrale S.P.A. Subsidiary · Italy
    • Caterpillar (Africa) (Proprietary) Limited Subsidiary · South Africa
    • Caterpillar (Beijing) Commercial Factoring Co., Ltd. Subsidiary · China
    • and 387 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What CATERPILLAR FINANCIAL SERVICES CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Properties, in its own words

Our corporate headquarters is located in Nashville, Tennessee. Additional offices are located inside and outside the United States. All of our offices, other than our corporate headquarters building, are leased.

Item 2 of the 10-K filed Feb 13, 2026.4

Subsidiaries and ownership

Parent company (GLEIF)

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. Sep 1, 20268-K Entered a material agreement; New debt or obligation13
  2. Aug 14, 20268-K Other events14
  3. Aug 4, 20268-K Results of operations15
  4. May 15, 20268-K Other events16
  5. Apr 30, 20268-K Results of operations17
  6. Mar 27, 20268-K Other events18
  7. Feb 24, 20268-K Other events19
  8. Jan 29, 20268-K Results of operations20
  9. Jan 8, 20268-K Other events21
  10. Nov 14, 20258-K Other events22
  11. Oct 29, 20258-K Results of operations; Regulation FD disclosure23
  12. Sep 3, 20258-K Entered a material agreement; New debt or obligation24
  13. Feb 22, 2019Parent Directly consolidated by Caterpillar Inc.2
  14. Aug 28, 1981Founded CATERPILLAR FINANCIAL SERVICES CORP is founded2

Calendar

Coming up

  1. Around Nov 8, 2026Next results, estimated About a quarter after its last report. The company hasn't announced the date.

When it reported results

  1. Aug 4, 2026Reported quarterly or annual results15
  2. Apr 30, 2026Reported quarterly or annual results17
  3. Jan 29, 2026Reported quarterly or annual results20
  4. Oct 29, 2025Reported quarterly or annual results23
  5. Aug 5, 2025Reported quarterly or annual results25
  6. Apr 30, 2025Reported quarterly or annual results26
  7. Jan 30, 2025Reported quarterly or annual results27
  8. Oct 30, 2024Reported quarterly or annual results28

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

262 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 55 major events, 187 other. The latest 20:

  1. Sep 1, 20268-K EDGAR
  2. Aug 14, 20268-K EDGAR
  3. Aug 13, 2026424B3 EDGAR
  4. Aug 13, 2026FWP EDGAR
  5. Aug 10, 2026424B3 EDGAR
  6. Aug 10, 2026424B3 EDGAR
  7. Aug 10, 2026FWP EDGAR
  8. Aug 10, 2026FWP EDGAR
  9. Aug 5, 202610-Q EDGAR
  10. Aug 4, 20268-K EDGAR
  11. May 15, 20268-K EDGAR
  12. May 12, 2026424B3 EDGAR
  13. May 12, 2026424B3 EDGAR
  14. May 12, 2026424B3 EDGAR
  15. May 12, 2026424B3 EDGAR
  16. May 12, 2026FWP EDGAR
  17. May 12, 2026FWP EDGAR
  18. May 12, 2026FWP EDGAR
  19. May 12, 2026FWP EDGAR
  20. May 6, 202610-Q EDGAR

The 262 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How CATERPILLAR FINANCIAL SERVICES CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCATERPILLAR FINANCIAL SERVICES CORP1
  • CIK0000764764
  • Employer ID (EIN)37-11058654
  • Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)6159 Miscellaneous Business Credit Institution1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address2120 West End Ave, Nashville, TN 372031
  • Mailing address2120 West End Avenue, Nashville, TN 372031
  • Phone61534110001
  • Shares outstanding1 as of Aug 5, 202611
  • Public float$0 as of Dec 31, 20255
  • AuditorPricewaterhouseCoopers LLP, Nashville, Tennessee PCAOB ID 238; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceJan 6, 19941
  • Filings3,350 in all: 424B3 (1,140), 424B2 (1,090), FWP (587), 8-K (291), 10-Q (98), 10-K (30), 424B5 (27), S-3ASR (14)1
    All 29 form types

    S-3 (13), S-3/A (7), 10-Q/A (6), CORRESP (6), 8-A12B (5), 8-K/A (5), IRANNOTICE (5), 25-NSE (4), UPLOAD (4), 10-K405 (3), CERTNYS (3), POS AM (3), 10-K/A (1), 10-K405/A (1), 25 (1), 424B4 (1), CERT (1), EFFECT (1), F-N/A (1), S-4 (1), S-4/A (1)

  • Latest filingsAnnual report (10-K) Feb 13, 2026
    Quarterly report (10-Q) Aug 5, 2026
    Latest 8-K (8-K) Sep 1, 2026

Securities registered for trading

ClassSymbolExchange
Medium-Term Notes, Series K,4.850% Notes Due 2029CAT/29New York Stock Exchange

From the cover page of the 10-K filed Feb 13, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks CATERPILLAR FINANCIAL SERVICES CORP names in Item 1A of its 10-K filed Feb 13, 2026: 15 risks under these headings, as written.4

  • FINANCIAL RISKS
  • Disruptions or volatility in global financial markets could adversely impact the industries and markets in which we serve and operate
  • Failure to maintain our credit ratings could increase our cost of borrowing and could adversely affect our cost of funds, liquidity, competitive position and access to capital markets
  • Changes in interest rates, foreign currency exchange rates or market liquidity conditions could adversely affect our earnings and/or cash flows
  • Our business is significantly influenced by the credit risk associated with our customers and an increase in delinquencies, repossessions or net losses could adversely affect our results
  • A decrease in used equipment and residual values could adversely affect our results
  • Restrictive covenants in our debt agreements could limit our financial and operating flexibility
  • MACROECONOMIC RISKS
  • Changes in government monetary or fiscal policies may negatively impact our results
  • Our global operations are exposed to political and economic risks, commercial instability and events beyond our control in the countries in which we operate
  • OPERATIONAL RISKS
  • The success of our business depends upon the demand for Caterpillar’s products
The other 6 risks
  • Changes in the marketing, operational or administrative support that we receive from Caterpillar could adversely affect our results
  • The success of our business depends on our ability to develop, produce and market quality products and services that meet our customers’ needs
  • Increased information technology security threats and more sophisticated computer crime pose a risk to our systems, networks, products and services
  • LEGAL & REGULATORY RISKS
  • Our global operations are subject to a wide range of trade and anti-corruption laws and regulations
  • New regulations or changes in financial services regulation could adversely impact our results of operations and financial condition
  • We may incur additional tax expense or become subject to additional tax exposure

Legal proceedings

We are involved in unresolved legal actions that arise in the normal course of business. Although it is not possible to predict with certainty the outcome of our unresolved legal actions, we believe that these unresolved legal actions will neither individually nor in the aggregate have a material adverse effect on our consolidated results of operations, financial position or liquidity.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
    SEC EDGAROther events
  15. 15
  16. 16
    SEC EDGAROther events
  17. 17
  18. 18
    SEC EDGAROther events
  19. 19
    SEC EDGAROther events
  20. 20
  21. 21
    SEC EDGAROther events
  22. 22
    SEC EDGAROther events
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28