Caterpillar (CAT) Deferred Taxes (2019 - 2026)
Caterpillar (CAT) posted Deferred Taxes of $110.0 million for Q2 2026, down 79.4% on a QoQ basis from $534.0 million in Q1 2026, and up 252.78% year-over-year from $31.2 million in Q2 2025.
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Analysis
Caterpillar (CAT) Deferred Taxes (2019 - 2026) Analysis & Trends
Caterpillar has reported Deferred Taxes for 8 years, with the latest figure at $110.0 million in Q2 2026.
- On a quarterly basis, Deferred Taxes rose 252.78% year-over-year to $110.0 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 303.85% increase from a year earlier, with the FY2025 full-year figure at $465.0 million, up 174.88% from the prior year.
- Deferred Taxes was $110.0 million for Q2 2026 at Caterpillar, down from $534.0 million in the prior quarter.
- The five-year high for Deferred Taxes was $534.0 million in Q1 2026, with the low at -$292.0 million in Q4 2024.
- Average Deferred Taxes over 5 years is -$26.7 million, with a median of -$75.5 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Deferred Taxes plunged 414.29% in 2023, then surged 1505.26% in 2026.
- Over 5 years, Deferred Taxes stood at -$28.0 million in 2022, then slumped by 414.29% to -$144.0 million in 2023, then plunged by 102.78% to -$292.0 million in 2024, then surged by 156.51% to $165.0 million in 2025, then plunged by 33.33% to $110.0 million in 2026.
- The last three Deferred Taxes figures came in at $110.0 million (Q2 2026), $534.0 million (Q1 2026), and $165.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | 110.00 Mn |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 114.30 Mn |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | 7.00 Mn |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | -98.00 Mn |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 3.00 Mn |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 2.10 Mn |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 45.00 Mn |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | - |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | -6.00 Mn |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn | 27.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 110.00 Mn |
| 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 |
API Access
Caterpillar Deferred Taxes 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=deferred-taxes&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();