Jim Umpleby, CEO of Caterpillar (CAT), earned $12.0M in total compensation in 2025. Caterpillar receives a Pay-for-Performance grade of C (59/100), with a CEO-to-worker pay ratio of 160:1 and a say-on-pay shareholder approval of 86.1%. The company's 3-year total shareholder return is +1.9%.
How Caterpillar CEO Pay Compares
Jim Umpleby's $12.0M total compensation is 0% below the Machinery industry median of $12.0M. The 160:1 CEO-to-worker pay ratio is 0% lower than the industry average of 160:1.
Total compensation for Jim Umpleby at Caterpillar (CAT) was $12.0M. Mid-cap public-company CEO packages tend to track this pattern — equity-heavy, multi-year vesting, performance-tied.
The CEO-to-median-worker pay ratio is 160x, meaning Jim Umpleby's $12.0M total comp is roughly that many times the median $75,000 earned by Caterpillar workers. The ratio is in the mid-range of S&P 500 disclosures and reflects the standard public-company compensation structure. Performance has been muted across the three-year window: 1.9% TSR, 0.4% revenue change. Stagnant performance combined with substantial CEO pay is the classic setup for proxy-advisor opposition on say-on-pay votes.
Say-on-pay support was strong at 86%. The Dodd-Frank-mandated advisory vote on executive compensation passes at most U.S. public companies with comfortable margins; meaningful dissent typically requires either pay-performance misalignment or specific governance concerns. Caterpillar operates in Machinery with 114,200 employees and $67.1B in annual revenue, and currently carries a market capitalization of $190.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Caterpillar (CAT).
Compensation Breakdown
Jim Umpleby's $12.0M total compensation package for fiscal year 2025 includes $1.2M in base salary, $6.0M in stock awards, $1.4M in option awards, and $1.8M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2024 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2023 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2022 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Peer CEO Compensation
More Machinery Companies
Jim Umpleby, CEO of Caterpillar (CAT), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Jim Umpleby, CEO of Caterpillar (CAT), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Caterpillar has a Pay-for-Performance Score of C (59/100). The company's 3-year total shareholder return is +1.9%, and the say-on-pay shareholder vote passed with 86.1% approval.
The CEO-to-median-worker pay ratio at Caterpillar is 160:1. The median worker at Caterpillar earns $75K per year, while CEO Jim Umpleby earns $12.0M in total compensation.
Caterpillar employs approximately 114,200 people. The company operates in the Machinery industry within the Industrials sector, generating $67.1B in annual revenue.