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
DateValue
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