Stocks Comparison
Caterpillar vs United Parcel Service: revenue, profit, margins and growth compared
Caterpillar brought in $67.6B of revenue in fiscal 2025, United Parcel Service $88.7B in fiscal 2025. Revenue changed by +4.3% at Caterpillar and -2.6% at United Parcel Service on the year before, so Caterpillar grew faster. Caterpillar kept 13.1% of its revenue as net profit, United Parcel Service 6.3%. Free cash flow was $8.9B at Caterpillar and $4.8B at United Parcel Service.
Side by side, latest fiscal year
| CAT | UPS | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $67.6B | $88.7B |
| Revenue growth | +4.3% | -2.6% |
| Net income | $8.9B | $5.6B |
| Net margin | 13.1% | 6.3% |
| Free cash flow | $8.9B | $4.8B |
| Free cash flow margin | 13.2% | 5.4% |
| Earnings per share (diluted) | $18.81 | $6.56 |
| Cash | $10B | $5.9B |
| Debt | $30.7B | $23.6B |
| Price to earnings | 43.7 | 14.3 |
| Market value | $377.7B | $79.9B |
| Dividend yield | 0.72% | 6.98% |
| Rank by revenue in sector | #8 of 451 · Industrials | #5 of 451 · Industrials |
Over the years
Questions about Caterpillar and United Parcel Service
Which is bigger by revenue, Caterpillar or United Parcel Service?
United Parcel Service is bigger by revenue: $88.7B in fiscal 2025, against $67.6B for Caterpillar in fiscal 2025.
Which keeps more of its revenue as profit, Caterpillar or United Parcel Service?
Caterpillar had a net margin of 13.1% in fiscal 2025; United Parcel Service had 6.3% in fiscal 2025.
Which grew revenue faster, Caterpillar or United Parcel Service?
In their latest fiscal years revenue changed by +4.3% at Caterpillar and -2.6% at United Parcel Service.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.