Caterpillar (CAT) Exchange Rate Effect (2009 - 2026)
Caterpillar (CAT) posted Exchange Rate Effect of $20.0 million for Q2 2026, up 136.36% on a QoQ basis from -$55.0 million in Q1 2026, and up 132.79% year-over-year from $8.6 million in Q2 2025.
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Analysis
Caterpillar (CAT) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Caterpillar has reported Exchange Rate Effect for 18 years, with the latest figure at $20.0 million in Q2 2026.
- On a quarterly basis, Exchange Rate Effect rose 132.79% year-over-year to $20.0 million in Q2 2026; TTM through Jun 2026 was -$71.0 million, a 26.04% increase from a year earlier, with the FY2025 full-year figure at -$43.0 million, up 59.43% from the prior year.
- Exchange Rate Effect was $20.0 million for Q2 2026 at Caterpillar, up from -$55.0 million in the prior quarter.
- The five-year high for Exchange Rate Effect was $54.0 million in Q1 2025, with the low at -$115.0 million in Q4 2022.
- Average Exchange Rate Effect over 5 years is -$27.1 million, with a median of -$21.0 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Exchange Rate Effect slumped 2900.0% in 2024, then soared 280.0% in 2025.
- Over 5 years, Exchange Rate Effect stood at -$115.0 million in 2022, then surged by 107.83% to $9.0 million in 2023, then tumbled by 844.44% to -$67.0 million in 2024, then jumped by 70.15% to -$20.0 million in 2025, then jumped by 200.0% to $20.0 million in 2026.
- The last three Exchange Rate Effect figures came in at $20.0 million (Q2 2026), -$55.0 million (Q1 2026), and -$20.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | 20.00 Mn |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 30.10 Mn |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | -74.00 Mn |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | -1.00 Mn |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 4.00 Mn |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 3.50 Mn |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 8.00 Mn |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | -12.00 Mn |
| 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 | 9.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.00 Mn |
| Mar 31, 2026 | -55.00 Mn |
| Dec 31, 2025 | -20.00 Mn |
| Sep 30, 2025 | -16.00 Mn |
| Jun 30, 2025 | -61.00 Mn |
| Mar 31, 2025 | 54.00 Mn |
| Dec 31, 2024 | -67.00 Mn |
| Sep 30, 2024 | -22.00 Mn |
| Jun 30, 2024 | 13.00 Mn |
| Mar 31, 2024 | -30.00 Mn |
| Dec 31, 2023 | 9.00 Mn |
| Sep 30, 2023 | -59.00 Mn |
| Jun 30, 2023 | -59.00 Mn |
| Mar 31, 2023 | -1.00 Mn |
| Dec 31, 2022 | -115.00 Mn |
| Sep 30, 2022 | -72.00 Mn |
| Jun 30, 2022 | 9.00 Mn |
| Mar 31, 2022 | -16.00 Mn |
| Dec 31, 2021 | -20.00 Mn |
| Sep 30, 2021 | -12.00 Mn |
API Access
Caterpillar Exchange Rate Effect 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=exchange-rate-effect&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "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=exchange-rate-effect&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();