Caterpillar (CAT) Capital Expenditures (2009 - 2026)
Caterpillar (CAT) posted quarterly Capital Expenditures of $728.0 million for Q1 2026, up 2.54% year-over-year from $710.0 million in Q1 2025, and down 18.93% quarter-over-quarter from $898.0 million in Q4 2025.
Analysis
Caterpillar (CAT) Capital Expenditures (2009 - 2026) Analysis & Trends
Caterpillar's Capital Expenditures history runs 18 years deep, the most recent figure standing at $728.0 million for Q1 2026.
- In Q1 2026, Capital Expenditures rose 2.54% year-over-year to $728.0 million; the TTM figure through Mar 2026 stood at $2.8 billion (up 315.24% YoY), while the FY2025 annual figure was $2.8 billion, up 129.91% from the prior year.
- Capital Expenditures for Q1 2026 stood at $728.0 million, down from $898.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $6.6 billion in Q2 2023, with the low at -$5.9 billion in Q3 2023.
- The 5-year median for Capital Expenditures is $536.0 million (2023), against an average of $451.5 million.
- The sharpest annual moves came in 2023 and 2025: Capital Expenditures sank 2196.45% in 2023, then surged 1165.38% in 2025.
- Caterpillar's Capital Expenditures stood at $435.0 million in 2022, then grew by 23.22% to $536.0 million in 2023, then tumbled by 37.69% to $334.0 million in 2024, then jumped by 168.86% to $898.0 million in 2025, then decreased by 18.93% to $728.0 million in 2026.
- Business Quant data shows CAT's Capital Expenditures at $728.0 million in Q1 2026, $898.0 million in Q4 2025, and $658.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 364.77 Bn | 358.05 Bn | 7.76 Bn | 4.75 Bn |
| 2 | Deere | 188.05 Bn | 179.12 Bn | 12.32 Bn | 5.98 Bn |
| 3 | Paccar | 64.20 Bn | 55.54 Bn | 1.56 Bn | 1.40 Bn |
| 4 | CNH Industrial | 16.95 Bn | 15.09 Bn | 1.41 Bn | - |
| 5 | Oshkosh | 9.54 Bn | 9.14 Bn | 480.30 Mn | 26.70 Mn |
| 6 | Agco | 9.05 Bn | 8.48 Bn | 645.90 Mn | 57.20 Mn |
| 7 | Terex | 7.04 Bn | 6.63 Bn | 444.00 Mn | 33.00 Mn |
| 8 | Blue Bird | 2.12 Bn | 2.01 Bn | 103.37 Mn | 9.38 Mn |
| 9 | Alamo | 2.08 Bn | 1.88 Bn | 110.86 Mn | 5.81 Mn |
| 10 | Lindsay | 1.24 Bn | 1.09 Bn | 47.83 Mn | 8.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.75 Bn |
| Mar 31, 2026 | 3.89 Bn |
| Dec 31, 2025 | 4.37 Bn |
| Sep 30, 2025 | 3.90 Bn |
| Jun 30, 2025 | 3.86 Bn |
| Mar 31, 2025 | 3.21 Bn |
| Dec 31, 2024 | 3.95 Bn |
| Sep 30, 2024 | 4.01 Bn |
| Jun 30, 2024 | 4.19 Bn |
| Mar 31, 2024 | 3.26 Bn |
| Dec 31, 2023 | 4.08 Bn |
| Sep 30, 2023 | 4.11 Bn |
| Jun 30, 2023 | 3.95 Bn |
| Mar 31, 2023 | 3.02 Bn |
| Dec 31, 2022 | 3.33 Bn |
| Sep 30, 2022 | 3.21 Bn |
| Jun 30, 2022 | 3.72 Bn |
| Mar 31, 2022 | 2.99 Bn |
| Dec 31, 2021 | 3.40 Bn |
| Sep 30, 2021 | 3.40 Bn |