Caterpillar (CAT) Deferred Taxes (2019 - 2026)
Caterpillar (CAT) recorded quarterly Deferred Taxes of $534.0 million in Q1 2026, up 223.64% quarter-over-quarter from $165.0 million in Q4 2025, and up 1505.26% on a YoY basis from $33.3 million in Q1 2025.
Caterpillar (CAT) Deferred Taxes (2019 - 2026) Analysis & Trends
Caterpillar's Deferred Taxes history runs 8 years deep, the most recent figure standing at $534.0 million for Q1 2026.
- In Q1 2026, Deferred Taxes rose 1505.26% year-over-year to $534.0 million; the TTM figure through Mar 2026 stood at $1.0 billion (up 271.4% YoY), while the FY2025 annual figure was $465.0 million, up 174.88% from the prior year.
- Deferred Taxes was $534.0 million for Q1 2026 at Caterpillar, up from $165.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $534.0 million in Q1 2026 to a low of -$292.0 million in Q4 2024.
- Historically, Deferred Taxes has averaged -$34.8 million across 5 years, with a median of -$79.0 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Deferred Taxes sank 414.29% in 2023, then jumped 1505.26% in 2026.
- A 5-year view of Deferred Taxes shows it stood at -$28.0 million in 2022, then tumbled by 414.29% to -$144.0 million in 2023, then sank by 102.78% to -$292.0 million in 2024, then jumped by 156.51% to $165.0 million in 2025, then soared by 223.64% to $534.0 million in 2026.
- The last three Deferred Taxes figures came in at $534.0 million (Q1 2026), $165.0 million (Q4 2025), and $410.0 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 424.10 Bn | 420.03 Bn | 6.11 Bn | 534.00 Mn |
| 2 | Deere | 156.25 Bn | 148.36 Bn | 13.06 Bn | -86.00 Mn |
| 3 | Paccar | 63.14 Bn | 62.45 Bn | 1.36 Bn | -159.00 Mn |
| 4 | Oshkosh | 8.32 Bn | 8.07 Bn | 311.90 Mn | 4.60 Mn |
| 5 | Terex | 6.12 Bn | 5.73 Bn | 206.00 Mn | -43.00 Mn |
| 6 | Blue Bird | 2.24 Bn | 1.97 Bn | 70.65 Mn | 2.62 Mn |
| 7 | Alamo | 1.85 Bn | 1.65 Bn | 104.81 Mn | 1.64 Mn |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 5.66 Mn |
| 9 | Astec Industries | 1.18 Bn | 1.11 Bn | 99.10 Mn | -400,000.00 |
| 10 | Hyster-Yale | 619.64 Mn | 623.94 Mn | 124.80 Mn | -300,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 534.00 Mn |
| Dec 31, 2025 | 165.00 Mn |
| Sep 30, 2025 | 410.00 Mn |
| Jun 30, 2025 | -72.00 Mn |
| Mar 31, 2025 | -38.00 Mn |
| Dec 31, 2024 | -292.00 Mn |
| Sep 30, 2024 | -196.00 Mn |
| Jun 30, 2024 | -79.00 Mn |
| Mar 31, 2024 | -54.00 Mn |
| Dec 31, 2023 | -144.00 Mn |
| Sep 30, 2023 | -93.00 Mn |
| Jun 30, 2023 | -164.00 Mn |
| Mar 31, 2023 | -191.00 Mn |
| Dec 31, 2022 | -28.00 Mn |
| Sep 30, 2022 | -66.00 Mn |
| Jun 30, 2022 | -184.00 Mn |
| Mar 31, 2022 | -99.00 Mn |
| Dec 31, 2021 | -62.00 Mn |
| Sep 30, 2021 | -389.00 Mn |
| Jun 30, 2021 | -41.00 Mn |