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| Date | Value |
|---|---|
| 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 |