Caterpillar (CAT) Capital Expenditures (2009 - 2026)
Caterpillar (CAT) recorded quarterly Capital Expenditures of $323.0 million in Q1 2026, down 64.03% quarter-over-quarter from $898.0 million in Q4 2025, and down 54.51% on a YoY basis from $710.0 million in Q1 2025.
Caterpillar (CAT) Capital Expenditures (2009 - 2026) Analysis & Trends
Caterpillar's Capital Expenditures history runs 18 years deep, the most recent figure standing at $323.0 million for Q1 2026.
- In Q1 2026, Capital Expenditures fell 54.51% year-over-year to $323.0 million; the TTM figure through Mar 2026 stood at $2.4 billion (up 43.09% YoY), while the FY2025 annual figure was $2.8 billion, up 129.91% from the prior year.
- Capital Expenditures was $323.0 million for Q1 2026 at Caterpillar, down from $898.0 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $898.0 million in Q4 2025 to a low of $52.0 million in Q3 2024.
- Historically, Capital Expenditures has averaged $421.3 million across 5 years, with a median of $355.0 million in 2022.
- The sharpest annual moves came in 2022 and 2025: Capital Expenditures sank 96.43% in 2022, then soared 1165.38% in 2025.
- A 5-year view of Capital Expenditures shows it stood at $428.0 million in 2022, then gained by 1.4% to $434.0 million in 2023, then slipped by 23.04% to $334.0 million in 2024, then surged by 168.86% to $898.0 million in 2025, then slumped by 64.03% to $323.0 million in 2026.
- The last three Capital Expenditures figures came in at $323.0 million (Q1 2026), $898.0 million (Q4 2025), and $658.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 397.22 Bn | 393.14 Bn | 6.11 Bn | 323.00 Mn |
| 2 | Deere | 151.61 Bn | 143.71 Bn | 13.06 Bn | 195.00 Mn |
| 3 | Paccar | 60.18 Bn | 59.49 Bn | 1.36 Bn | 170.70 Mn |
| 4 | Oshkosh | 8.00 Bn | 7.75 Bn | 311.90 Mn | 28.10 Mn |
| 5 | Terex | 5.74 Bn | 5.35 Bn | 206.00 Mn | 26.00 Mn |
| 6 | Blue Bird | 2.18 Bn | 1.91 Bn | 70.65 Mn | 7.85 Mn |
| 7 | Alamo | 1.82 Bn | 1.62 Bn | 104.81 Mn | 4.51 Mn |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 12.99 Mn |
| 9 | Astec Industries | 1.14 Bn | 1.06 Bn | 99.10 Mn | 100,000.00 |
| 10 | Hyster-Yale | 613.93 Mn | 618.23 Mn | 124.80 Mn | 9.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 323.00 Mn |
| Mar 31, 2026 | 323.00 Mn |
| Dec 31, 2025 | 898.00 Mn |
| Dec 31, 2025 | 898.00 Mn |
| Sep 30, 2025 | 658.00 Mn |
| Sep 30, 2025 | 658.00 Mn |
| Jun 30, 2025 | 555.00 Mn |
| Jun 30, 2025 | 555.00 Mn |
| Mar 31, 2025 | 710.00 Mn |
| Mar 31, 2025 | 710.00 Mn |
| Dec 31, 2024 | 334.00 Mn |
| Dec 31, 2024 | 334.00 Mn |
| Sep 30, 2024 | 52.00 Mn |
| Sep 30, 2024 | 52.00 Mn |
| Jun 30, 2024 | 605.00 Mn |
| Jun 30, 2024 | 605.00 Mn |
| Mar 31, 2024 | 236.00 Mn |
| Mar 31, 2024 | 236.00 Mn |
| Dec 31, 2023 | 434.00 Mn |
| Dec 31, 2023 | 434.00 Mn |