Caterpillar (CAT) Change in Inventory (2009 - 2026)

Caterpillar (CAT) recorded quarterly Change in Inventory of $1.5 billion in Q1 2026, up 379.0% quarter-over-quarter from -$538.0 million in Q4 2025, and up 51.62% on a YoY basis from $990.0 million in Q1 2025.

Caterpillar (CAT) Change in Inventory (2009 - 2026) Analysis & Trends

Caterpillar's Change in Inventory history runs 18 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

  • In Q1 2026, Change in Inventory rose 51.62% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $2.0 billion (up 106.01% YoY), while the FY2025 annual figure was $1.5 billion, up 256.76% from the prior year.
  • Change in Inventory was $1.5 billion for Q1 2026 at Caterpillar, up from -$538.0 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $1.5 billion in Q1 2026 to a low of -$1.1 billion in Q4 2023.
  • Historically, Change in Inventory has averaged $373.2 million across 5 years, with a median of $376.0 million in 2025.
  • The sharpest annual moves came in 2022 and 2025: Change in Inventory tumbled 227.62% in 2022, then jumped 218.14% in 2025.
  • A 5-year view of Change in Inventory shows it stood at -$499.0 million in 2022, then sank by 112.42% to -$1.1 billion in 2023, then soared by 65.38% to -$367.0 million in 2024, then slumped by 46.59% to -$538.0 million in 2025, then surged by 379.0% to $1.5 billion in 2026.
  • The last three Change in Inventory figures came in at $1.5 billion (Q1 2026), -$538.0 million (Q4 2025), and $376.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Caterpillar 397.22 Bn 393.14 Bn 6.11 Bn 1.50 Bn
2 Deere 151.61 Bn 143.71 Bn 13.06 Bn -8.00 Mn
3 Paccar 60.18 Bn 59.49 Bn 1.36 Bn 29.70 Mn
4 Oshkosh 8.00 Bn 7.75 Bn 311.90 Mn -
5 Terex 5.74 Bn 5.35 Bn 206.00 Mn 29.00 Mn
6 Blue Bird 2.18 Bn 1.91 Bn 70.65 Mn 3.84 Mn
7 Alamo 1.82 Bn 1.62 Bn 104.81 Mn 23.10 Mn
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn -4.17 Mn
9 Astec Industries 1.14 Bn 1.06 Bn 99.10 Mn 1.10 Mn
10 Hyster-Yale 613.93 Mn 618.23 Mn 124.80 Mn 8.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.50 Bn
Mar 31, 2026 1.50 Bn
Dec 31, 2025 -538.00 Mn
Dec 31, 2025 -538.00 Mn
Sep 30, 2025 376.00 Mn
Sep 30, 2025 376.00 Mn
Jun 30, 2025 649.00 Mn
Jun 30, 2025 649.00 Mn
Mar 31, 2025 990.00 Mn
Mar 31, 2025 990.00 Mn
Dec 31, 2024 -367.00 Mn
Dec 31, 2024 -367.00 Mn
Sep 30, 2024 138.00 Mn
Sep 30, 2024 138.00 Mn
Jun 30, 2024 204.00 Mn
Jun 30, 2024 204.00 Mn
Mar 31, 2024 439.00 Mn
Mar 31, 2024 439.00 Mn
Dec 31, 2023 -1.06 Bn
Dec 31, 2023 -1.06 Bn