Caterpillar (CAT) Accumulated Expenses (2009 - 2026)
Caterpillar (CAT) reported Accumulated Expenses of $5.83 billion for Q2 2026, up 11.9% from $5.21 billion a year earlier and up 6.8% from the prior quarter.
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Analysis
Caterpillar (CAT) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, Caterpillar posted Accumulated Expenses of $5.59 billion, up 6.6% from FY2024.
- Accumulated Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $5.24 billion in FY2024 (+5.7%), $4.96 billion in FY2023 (+21.5%), $4.08 billion in FY2022 (+8.6%) and $3.76 billion in FY2021 (+3.2%).
- The Q2 2026 figure ranks as the highest quarterly Accumulated Expenses in data going back to Q2 2009.
- Year over year, Accumulated Expenses has now increased in each of the last 21 quarters, with growth averaging 6.6% over the last eight quarters.
- Across the past five years, year-over-year growth in Accumulated Expenses ran from 2.0% in Q3 2021 to 21.5% in Q4 2023.
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.45 billion (Q1 2026), $5.59 billion (Q4 2025) and $5.19 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 351.84 Bn | 323.53 Bn | 7.76 Bn |
| 2 | Amphenol | 209.14 Bn | 203.72 Bn | 3.55 Bn |
| 3 | Deere | 173.99 Bn | 142.08 Bn | 4.66 Bn |
| 4 | Eaton | 165.20 Bn | 162.39 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.55 Bn | 118.67 Bn | 2.25 Bn |
| 6 | Emerson Electric | 90.75 Bn | 83.49 Bn | 2.66 Bn |
| 7 | Vertiv Holdings | 90.61 Bn | 81.23 Bn | 1.23 Bn |
| 8 | 3M | 83.78 Bn | 65.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 75.74 Bn | 72.30 Bn | 1.90 Bn |
| 10 | Cummins | 72.28 Bn | 68.36 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.83 Bn |
| Mar 31, 2026 | 5.45 Bn |
| Dec 31, 2025 | 5.59 Bn |
| Sep 30, 2025 | 5.19 Bn |
| Jun 30, 2025 | 5.21 Bn |
| Mar 31, 2025 | 4.99 Bn |
| Dec 31, 2024 | 5.24 Bn |
| Sep 30, 2024 | 4.98 Bn |
| Jun 30, 2024 | 4.95 Bn |
| Mar 31, 2024 | 4.82 Bn |
| Dec 31, 2023 | 4.96 Bn |
| Sep 30, 2023 | 4.67 Bn |
| Jun 30, 2023 | 4.49 Bn |
| Mar 31, 2023 | 4.12 Bn |
| Dec 31, 2022 | 4.08 Bn |
| Sep 30, 2022 | 4.01 Bn |
| Jun 30, 2022 | 3.78 Bn |
| Mar 31, 2022 | 3.85 Bn |
| Dec 31, 2021 | 3.76 Bn |
| Sep 30, 2021 | 3.58 Bn |
API Access
Caterpillar Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "CAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();