Seasonality
CAT seasonality — Caterpillar Inc.
Over the last 11 years, CAT's strongest month on average has been November (+6.0%) and its weakest August (-0.5%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +2.22% | +2.77% | 80% | +14.8% | -11.1% | 10 |
| Feb | +1.67% | -1.98% | 50% | +18.1% | -7.4% | 10 |
| Mar | +0.60% | -4.07% | 30% | +18.8% | -6.6% | 10 |
| Apr | +1.06% | -1.84% | 40% | +25.6% | -8.7% | 10 |
| May | +1.18% | +2.81% | 70% | +12.5% | -14.1% | 10 |
| Jun | +3.45% | +3.61% | 60% | +21.6% | -17.2% | 10 |
| Jul | +2.06% | +5.52% | 70% | +12.8% | -23.5% | 10 |
| Aug | -0.53% | -0.07% | 50% | +7.1% | -9.6% | 10 |
| Sep | +2.93% | +5.47% | 70% | +13.9% | -11.2% | 10 |
| Oct | +1.78% | +5.78% | 60% | +31.9% | -23.2% | 10 |
| Nov | +5.99% | +7.95% | 78% | +11.8% | -5.2% | 9 |
| Dec | +2.43% | +1.69% | 60% | +17.9% | -10.7% | 10 |
Monthly returns heat map — CAT
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 14.8 | 13.0 | -4.6 | 25.6 | -1.6 | 21.6 | -23.5 | -2.1 | 1.7 | -23.2 | -10.3 | -2.5% | |
| 2025 | 2.4 | -7.4 | -4.1 | -6.2 | 12.5 | 11.5 | 12.8 | -4.3 | 13.9 | 21.0 | -0.3 | -0.5 | +57.9% |
| 2024 | 1.6 | 11.2 | 9.7 | -8.7 | 1.2 | -1.6 | 3.9 | 2.9 | 9.8 | -3.8 | 8.0 | -10.7 | +22.7% |
| 2023 | 5.3 | -5.0 | -4.5 | -4.4 | -6.0 | 19.6 | 7.8 | 6.0 | -2.9 | -17.2 | 10.9 | 17.9 | +23.4% |
| 2022 | -2.5 | -6.9 | 18.8 | -5.5 | 2.5 | -17.2 | 10.9 | -6.8 | -11.2 | 31.9 | 9.2 | 1.3 | +15.9% |
| 2021 | 0.5 | 18.1 | 7.4 | -1.6 | 5.7 | -9.7 | -5.0 | 2.0 | -9.0 | 6.3 | -5.2 | 6.9 | +13.6% |
| 2020 | -11.1 | -5.4 | -6.6 | 0.3 | 3.2 | 5.3 | 5.0 | 7.1 | 4.8 | 5.3 | 10.5 | 4.9 | +23.2% |
| 2019 | 4.8 | 3.1 | -1.4 | 2.9 | -14.1 | 13.8 | -3.4 | -9.6 | 6.1 | 9.1 | 5.0 | 2.0 | +16.2% |
| 2018 | 3.3 | -5.0 | -4.7 | -2.0 | 5.2 | -10.7 | 6.0 | -3.4 | 9.8 | -20.4 | 11.8 | -6.3 | -19.4% |
| 2017 | 3.1 | 1.1 | -4.0 | 10.2 | 3.1 | 1.9 | 6.0 | 3.1 | 6.2 | 8.9 | 3.9 | 11.6 | +69.9% |
| 2016 | -3.0 |