Caterpillar (CAT) Asset Utilization Ratio (2009 - 2026)

Caterpillar (CAT) posted Asset Utilization Ratio of 0.75 for Q2 2026, up 3.47% on a QoQ basis from 0.73 in Q1 2026, and up 4.7% year-over-year from 0.72 in Q2 2025.

Analysis

Caterpillar (CAT) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Caterpillar has reported Asset Utilization Ratio for 18 years, with the latest figure at 0.75 in Q2 2026.

On a quarterly basis, Asset Utilization Ratio rose 4.7% year-over-year to 0.75 in Q2 2026; TTM through Jun 2026 was 0.75, a 4.7% increase from a year earlier, with the FY2025 full-year figure at 0.73, down 1.93% from the prior year.
Asset Utilization Ratio was 0.75 for Q2 2026 at Caterpillar, up from 0.73 in the prior quarter.
The five-year high for Asset Utilization Ratio was 0.79 in Q2 2024, with the low at 0.64 in Q1 2022.
Average Asset Utilization Ratio over 5 years is 0.73, with a median of 0.74 recorded in 2024.
The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio grew 18.03% in 2022, then fell 9.33% in 2025.
Over 5 years, Asset Utilization Ratio stood at 0.73 in 2022, then advanced by 5.45% to 0.77 in 2023, then retreated by 3.23% to 0.74 in 2024, then declined by 5.62% to 0.7 in 2025, then rose by 7.3% to 0.75 in 2026.
The last three Asset Utilization Ratio figures came in at 0.75 (Q2 2026), 0.73 (Q1 2026), and 0.7 (Q4 2025), per Business Quant data.

Peer Set

Peer Comparison

All peers

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Asset Util. (Qtr)
1	Caterpillar	371.58 Bn	364.86 Bn	7.76 Bn	0.75
2	Amphenol	204.28 Bn	198.29 Bn	3.55 Bn	0.67
3	Deere	189.58 Bn	180.70 Bn	12.32 Bn	0.45
4	Eaton	171.87 Bn	171.22 Bn	2.86 Bn	0.54
5	Parker-Hannifin	121.60 Bn	121.11 Bn	2.25 Bn	0.70
6	Vertiv Holdings	97.62 Bn	94.51 Bn	1.23 Bn	0.78
7	3M	87.32 Bn	84.04 Bn	2.68 Bn	0.72
8	Emerson Electric	86.05 Bn	83.88 Bn	2.66 Bn	0.44
9	Illinois Tool Works	77.02 Bn	76.18 Bn	1.90 Bn	1.01
10	Cummins	72.43 Bn	68.82 Bn	2.47 Bn	0.99

Historic Data

Download Data

Date	Value
Jun 30, 2026	0.75
Mar 31, 2026	0.73
Dec 31, 2025	0.70
Sep 30, 2025	0.70
Jun 30, 2025	0.72
Mar 31, 2025	0.73
Dec 31, 2024	0.74
Sep 30, 2024	0.77
Jun 30, 2024	0.79
Mar 31, 2024	0.78
Dec 31, 2023	0.77
Sep 30, 2023	0.77
Jun 30, 2023	0.77
Mar 31, 2023	0.75
Dec 31, 2022	0.73
Sep 30, 2022	0.70
Jun 30, 2022	0.66
Mar 31, 2022	0.64
Dec 31, 2021	0.62
Sep 30, 2021	0.60

API Access

Caterpillar Asset Utilization Ratio 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=asset-utilization-ratio&ticker=CAT&period=max&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "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=asset-utilization-ratio&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Caterpillar (CAT) Asset Utilization Ratio (2009 - 2026)