Caterpillar (CAT) Change in Inventory (2009 - 2026)
Caterpillar (CAT) posted Change in Inventory of $1.1 billion for Q2 2026, down 29.91% on a QoQ basis from $1.5 billion in Q1 2026, and up 62.1% year-over-year from $649.0 million in Q2 2025.
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Analysis
Caterpillar (CAT) Change in Inventory (2009 - 2026) Analysis & Trends
Caterpillar has reported Change in Inventory for 18 years, with the latest figure at $1.1 billion in Q2 2026.
- On a quarterly basis, Change in Inventory rose 62.1% year-over-year to $1.1 billion in Q2 2026; TTM through Jun 2026 was $2.4 billion, a 69.57% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 256.76% from the prior year.
- Change in Inventory was $1.1 billion for Q2 2026 at Caterpillar, down from $1.5 billion in the prior quarter.
- The five-year high for Change in Inventory was $1.5 billion in Q1 2026, with the low at -$1.1 billion in Q4 2023.
- Average Change in Inventory over 5 years is $410.9 million, with a median of $407.5 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Change in Inventory slumped 227.62% in 2022, then surged 218.14% in 2025.
- Over 5 years, Change in Inventory stood at -$499.0 million in 2022, then plunged by 112.42% to -$1.1 billion in 2023, then jumped by 65.38% to -$367.0 million in 2024, then sank by 46.59% to -$538.0 million in 2025, then jumped by 295.54% to $1.1 billion in 2026.
- The last three Change in Inventory figures came in at $1.1 billion (Q2 2026), $1.5 billion (Q1 2026), and -$538.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | 1.05 Bn |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | - |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | -295.00 Mn |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | -7.00 Mn |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 663.80 Mn |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 81.00 Mn |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 60.00 Mn |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 32.00 Mn |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn | 279.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.05 Bn |
| Mar 31, 2026 | 1.50 Bn |
| Dec 31, 2025 | -538.00 Mn |
| Sep 30, 2025 | 376.00 Mn |
| Jun 30, 2025 | 649.00 Mn |
| Mar 31, 2025 | 990.00 Mn |
| Dec 31, 2024 | -367.00 Mn |
| Sep 30, 2024 | 138.00 Mn |
| Jun 30, 2024 | 204.00 Mn |
| Mar 31, 2024 | 439.00 Mn |
| Dec 31, 2023 | -1.06 Bn |
| Sep 30, 2023 | -136.00 Mn |
| Jun 30, 2023 | 157.00 Mn |
| Mar 31, 2023 | 1.40 Bn |
| Dec 31, 2022 | -499.00 Mn |
| Sep 30, 2022 | 1.09 Bn |
| Jun 30, 2022 | 971.00 Mn |
| Mar 31, 2022 | 1.03 Bn |
| Dec 31, 2021 | 391.00 Mn |
| Sep 30, 2021 | 1.02 Bn |
API Access
Caterpillar Change in Inventory 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=change-in-inventory&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();