Caterpillar (CAT) Free Cash Flow (2009 - 2026)
Caterpillar (CAT) posted quarterly Free Cash Flow of $1.1 billion for Q1 2026, up 97.24% year-over-year from $579.0 million in Q1 2025, and down 57.59% quarter-over-quarter from $2.7 billion in Q4 2025.
Caterpillar (CAT) Free Cash Flow (2009 - 2026) Analysis & Trends
Caterpillar's Free Cash Flow history runs 18 years deep, the most recent figure standing at $1.1 billion for Q1 2026.
- In Q1 2026, Free Cash Flow rose 97.24% year-over-year to $1.1 billion; the TTM figure through Mar 2026 stood at $9.5 billion (down 24.7% YoY), while the FY2025 annual figure was $8.9 billion, down 17.49% from the prior year.
- Free Cash Flow for Q1 2026 stood at $1.1 billion, down from $2.7 billion in the prior quarter.
- The five-year high for Free Cash Flow was $10.0 billion in Q3 2023, with the low at -$3.3 billion in Q2 2023.
- The 5-year median for Free Cash Flow is $2.6 billion (2025), against an average of $2.3 billion.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow slumped 259.61% in 2022, then jumped 353.48% in 2023.
- Caterpillar's Free Cash Flow stood at $2.3 billion in 2022, then soared by 50.48% to $3.5 billion in 2023, then retreated by 11.77% to $3.1 billion in 2024, then declined by 11.96% to $2.7 billion in 2025, then tumbled by 57.59% to $1.1 billion in 2026.
- Business Quant data shows CAT's Free Cash Flow at $1.1 billion in Q1 2026, $2.7 billion in Q4 2025, and $3.1 billion in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 389.18 Bn | 382.47 Bn | 7.76 Bn | -378.00 Mn |
| 2 | Deere | 166.81 Bn | 158.90 Bn | 13.06 Bn | 1.07 Bn |
| 3 | Paccar | 69.77 Bn | 61.10 Bn | 1.56 Bn | -696.70 Mn |
| 4 | CNH Industrial | 13.33 Bn | 11.46 Bn | 1.41 Bn | 145.00 Mn |
| 5 | Oshkosh | 9.78 Bn | 9.37 Bn | 480.30 Mn | 347.60 Mn |
| 6 | Terex | 7.69 Bn | 7.28 Bn | 444.00 Mn | 95.00 Mn |
| 7 | Agco | 7.24 Bn | 6.67 Bn | 645.90 Mn | 108.20 Mn |
| 8 | Blue Bird | 2.26 Bn | 2.14 Bn | 103.37 Mn | 21.66 Mn |
| 9 | Alamo | 2.07 Bn | 1.88 Bn | 110.86 Mn | 40.36 Mn |
| 10 | Lindsay | 1.20 Bn | 1.04 Bn | 47.83 Mn | -1.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -378.00 Mn |
| Jun 30, 2026 | -378.00 Mn |
| Mar 31, 2026 | 1.14 Bn |
| Mar 31, 2026 | 1.14 Bn |
| Dec 31, 2025 | 2.69 Bn |
| Dec 31, 2025 | 2.69 Bn |
| Sep 30, 2025 | 3.08 Bn |
| Sep 30, 2025 | 3.08 Bn |
| Jun 30, 2025 | 2.57 Bn |
| Jun 30, 2025 | 2.57 Bn |
| Mar 31, 2025 | 579.00 Mn |
| Mar 31, 2025 | 579.00 Mn |
| Dec 31, 2024 | 3.06 Bn |
| Dec 31, 2024 | 3.06 Bn |
| Sep 30, 2024 | 3.52 Bn |
| Sep 30, 2024 | 3.52 Bn |
| Jun 30, 2024 | 5.44 Bn |
| Jun 30, 2024 | 5.44 Bn |
| Mar 31, 2024 | -1.20 Bn |
| Mar 31, 2024 | -1.20 Bn |