Caterpillar (CAT) Capital Expenditures (2009 - 2026)
Caterpillar (CAT) posted Capital Expenditures of $4.7 billion for Q2 2026, up 22.08% on a QoQ basis from $3.9 billion in Q1 2026, and up 23.19% year-over-year from $3.9 billion in Q2 2025.
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Analysis
Caterpillar (CAT) Capital Expenditures (2009 - 2026) Analysis & Trends
Caterpillar has reported Capital Expenditures for 18 years, with the latest figure at $4.7 billion in Q2 2026.
- On a quarterly basis, Capital Expenditures rose 23.19% year-over-year to $4.7 billion in Q2 2026; TTM through Jun 2026 was $16.9 billion, a 12.49% increase from a year earlier, with the FY2025 full-year figure at $15.3 billion, down 0.52% from the prior year.
- Capital Expenditures was $4.7 billion for Q2 2026 at Caterpillar, up from $3.9 billion in the prior quarter.
- The five-year high for Capital Expenditures was $4.7 billion in Q2 2026, with the low at $3.0 billion in Q1 2022.
- Average Capital Expenditures over 5 years is $3.8 billion, with a median of $3.9 billion recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Capital Expenditures gained 28.05% in 2023, then decreased 8.0% in 2025.
- Over 5 years, Capital Expenditures stood at $3.3 billion in 2022, then advanced by 22.68% to $4.1 billion in 2023, then fell by 3.11% to $4.0 billion in 2024, then rose by 10.45% to $4.4 billion in 2025, then grew by 8.8% to $4.7 billion in 2026.
- The last three Capital Expenditures figures came in at $4.7 billion (Q2 2026), $3.9 billion (Q1 2026), and $4.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | 4.75 Bn |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 355.50 Mn |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | 5.98 Bn |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | 253.00 Mn |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 173.00 Mn |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 173.30 Mn |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 223.00 Mn |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 102.00 Mn |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 92.00 Mn |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn | 249.00 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 |
API Access
Caterpillar Capital Expenditures 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=capital-expenditures&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();