Caterpillar (CAT) Depreciation & Amortization (CF) (2009 - 2026)
Caterpillar (CAT) recorded Depreciation & Amortization (CF) of $615 million in Q3 2026, up 7.9% from $570 million a year earlier but down 0.2% from the prior quarter.
Caterpillar (CAT) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
On a TTM basis, Caterpillar's Depreciation & Amortization (CF) came in at $2.42 billion as of Sep 30, 2026, up 9.2% year-over-year; for FY2025, it was $2.26 billion, up 5.1% from FY2024.
- Annual Depreciation & Amortization (CF) has a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- Across earlier years, Depreciation & Amortization (CF) came in at $2.15 billion in FY2024 (+0.4%), $2.14 billion in FY2023 (-3.4%), $2.22 billion in FY2022 (-5.7%) and $2.35 billion in FY2021 (-3.3%).
- Quarterly Depreciation & Amortization (CF) has ranged from $524 million in Q1 2024 to $616 million in Q2 2026 over the past five years.
- On a year-over-year basis, Depreciation & Amortization (CF) has increased for nine consecutive quarters, with growth averaging 6.4% over the last eight quarters.
- Peak year-over-year performance for Depreciation & Amortization (CF) in the last five years was growth of 11.2% in Q2 2026, against a decline of 7.1% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $616 million (Q2 2026), $595 million (Q1 2026) and $598 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 615.00 Mn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 347.80 Mn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 603.00 Mn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 464.00 Mn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 97.00 Mn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 336.00 Mn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 373.00 Mn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 84.00 Mn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 39.80 Mn |
| 10 | Tenaris | 64.57 Bn | 36.09 Bn | 1.07 Bn | 158.56 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 615.00 Mn |
| Jun 30, 2026 | 616.00 Mn |
| Mar 31, 2026 | 595.00 Mn |
| Dec 31, 2025 | 598.00 Mn |
| Sep 30, 2025 | 570.00 Mn |
| Jun 30, 2025 | 554.00 Mn |
| Mar 31, 2025 | 540.00 Mn |
| Dec 31, 2024 | 555.00 Mn |
| Sep 30, 2024 | 543.00 Mn |
| Jun 30, 2024 | 531.00 Mn |
| Mar 31, 2024 | 524.00 Mn |
| Dec 31, 2023 | 545.00 Mn |
| Sep 30, 2023 | 525.00 Mn |
| Jun 30, 2023 | 542.00 Mn |
| Mar 31, 2023 | 532.00 Mn |
| Dec 31, 2022 | 558.00 Mn |
| Sep 30, 2022 | 551.00 Mn |
| Jun 30, 2022 | 553.00 Mn |
| Mar 31, 2022 | 557.00 Mn |
| Dec 31, 2021 | 586.00 Mn |
Caterpillar Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=CAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();