Caterpillar (CAT) Free Cash Flow (2009 - 2026)
Caterpillar (CAT) posted Free Cash Flow of -$378.0 million for Q2 2026, up 81.29% on a QoQ basis from -$2.0 billion in Q1 2026, and up 48.43% year-over-year from -$254.7 million in Q2 2025.
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Analysis
Caterpillar (CAT) Free Cash Flow (2009 - 2026) Analysis & Trends
Caterpillar has reported Free Cash Flow for 18 years, with the latest figure at -$378.0 million in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 48.43% year-over-year to -$378.0 million in Q2 2026; TTM through Jun 2026 was -$3.3 billion, a 8.73% increase from a year earlier, with the FY2025 full-year figure at -$3.6 billion, down 6.4% from the prior year.
- Free Cash Flow was -$378.0 million for Q2 2026 at Caterpillar, up from -$2.0 billion in the prior quarter.
- The five-year high for Free Cash Flow was -$49.0 million in Q3 2023, with the low at -$2.7 billion in Q1 2022.
- Average Free Cash Flow over 5 years is -$950.6 million, with a median of -$730.5 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow jumped 93.27% in 2023, then sank 802.04% in 2024.
- Over 5 years, Free Cash Flow stood at -$586.0 million in 2022, then surged by 87.03% to -$76.0 million in 2023, then tumbled by 635.53% to -$559.0 million in 2024, then slumped by 38.46% to -$774.0 million in 2025, then jumped by 51.16% to -$378.0 million in 2026.
- The last three Free Cash Flow figures came in at -$378.0 million (Q2 2026), -$2.0 billion (Q1 2026), and -$774.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | -378.00 Mn |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 1.20 Bn |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | -3.77 Bn |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | 874.00 Mn |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 1.56 Bn |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 926.50 Mn |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 763.00 Mn |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 1.32 Bn |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 631.00 Mn |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn | 1.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -378.00 Mn |
| Mar 31, 2026 | -2.02 Bn |
| Dec 31, 2025 | -774.00 Mn |
| Sep 30, 2025 | -163.00 Mn |
| Jun 30, 2025 | -733.00 Mn |
| Mar 31, 2025 | -1.92 Bn |
| Dec 31, 2024 | -559.00 Mn |
| Sep 30, 2024 | -442.00 Mn |
| Jun 30, 2024 | -1.17 Bn |
| Mar 31, 2024 | -1.20 Bn |
| Dec 31, 2023 | -76.00 Mn |
| Sep 30, 2023 | -49.00 Mn |
| Jun 30, 2023 | -704.00 Mn |
| Mar 31, 2023 | -1.45 Bn |
| Dec 31, 2022 | -586.00 Mn |
| Sep 30, 2022 | -728.00 Mn |
| Jun 30, 2022 | -1.48 Bn |
| Mar 31, 2022 | -2.68 Bn |
| Dec 31, 2021 | -1.99 Bn |
| Sep 30, 2021 | -1.66 Bn |
API Access
Caterpillar Free Cash Flow 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=free-cash-flow&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();