Caterpillar (CAT) Cash from Operations (2009 - 2026)
Caterpillar's Cash from Operations came in at $4.37 billion for Q2 2026, up 40.0% from $3.12 billion a year earlier and up 133.7% from the prior quarter.
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Analysis
Caterpillar (CAT) Cash from Operations (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Caterpillar reported Cash from Operations of $13.57 billion, up 19.3% year-over-year; for FY2025, it came in at $11.74 billion, down 2.5% from FY2024.
- Cash from Operations carries a five-year compound annual growth rate of 13.2% (FY2020 to FY2025).
- Going back by year, Cash from Operations was $12.04 billion in FY2024 (-6.6%), $12.89 billion in FY2023 (+65.9%), $7.77 billion in FY2022 (+7.9%) and $7.2 billion in FY2021 (+13.8%).
- The Q2 2026 figure represents the highest quarterly Cash from Operations in data going back to Q1 2009.
- Year-over-year, Cash from Operations has increased for five consecutive quarters, with growth averaging 4.3% over the last eight quarters.
- The fastest year-over-year change in Cash from Operations over five years came in Q1 2023 (growth of 402.6%), and the weakest in Q1 2022 (a decline of 83.8%).
- Business Quant data shows CAT's Cash from Operations at $1.87 billion (Q1 2026), $3.59 billion (Q4 2025) and $3.74 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.72 Bn | 323.42 Bn | 7.76 Bn | 4.37 Bn |
| 2 | Amphenol | 209.71 Bn | 204.29 Bn | 3.55 Bn | 1.56 Bn |
| 3 | Deere | 174.37 Bn | 142.46 Bn | 4.66 Bn | 2.21 Bn |
| 4 | Eaton | 165.35 Bn | 162.53 Bn | 2.86 Bn | 1.13 Bn |
| 5 | Parker-Hannifin | 120.55 Bn | 118.67 Bn | 2.25 Bn | 1.74 Bn |
| 6 | Emerson Electric | 90.78 Bn | 83.52 Bn | 2.66 Bn | 1.42 Bn |
| 7 | Vertiv Holdings | 90.21 Bn | 80.83 Bn | 1.23 Bn | 1.10 Bn |
| 8 | 3M | 83.91 Bn | 65.31 Bn | 2.68 Bn | 986.00 Mn |
| 9 | Illinois Tool Works | 75.91 Bn | 72.47 Bn | 1.90 Bn | 723.00 Mn |
| 10 | Cummins | 72.58 Bn | 68.66 Bn | 2.47 Bn | 1.50 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.37 Bn |
| Mar 31, 2026 | 1.87 Bn |
| Dec 31, 2025 | 3.59 Bn |
| Sep 30, 2025 | 3.74 Bn |
| Jun 30, 2025 | 3.12 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Dec 31, 2024 | 3.39 Bn |
| Sep 30, 2024 | 3.57 Bn |
| Jun 30, 2024 | 3.02 Bn |
| Mar 31, 2024 | 2.05 Bn |
| Dec 31, 2023 | 4.00 Bn |
| Sep 30, 2023 | 4.06 Bn |
| Jun 30, 2023 | 3.25 Bn |
| Mar 31, 2023 | 1.57 Bn |
| Dec 31, 2022 | 2.74 Bn |
| Sep 30, 2022 | 2.48 Bn |
| Jun 30, 2022 | 2.23 Bn |
| Mar 31, 2022 | 313.00 Mn |
| Dec 31, 2021 | 1.41 Bn |
| Sep 30, 2021 | 1.74 Bn |
API Access
Caterpillar Cash from Operations 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=cash-from-operations&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();