Caterpillar (CAT) Inventory (2009 - 2026)
Caterpillar (CAT) recorded Inventory of $20.63 billion in Q2 2026, up 10.9% from $18.6 billion a year earlier and up 5.1% from the prior quarter.
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Analysis
Caterpillar (CAT) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Caterpillar reported Inventory of $18.14 billion, up 7.8% from FY2024.
- Annual Inventory has increased for six straight years, with a five-year compound annual growth rate of 9.7% (FY2020 to FY2025).
- Across earlier years, Inventory came in at $16.83 billion in FY2024 (+1.6%), $16.57 billion in FY2023 (+1.8%), $16.27 billion in FY2022 (+15.9%) and $14.04 billion in FY2021 (+23.1%).
- The Q2 2026 figure is the highest quarterly Inventory in data going back to Q2 2009.
- On a year-over-year basis, Inventory has increased for seven consecutive quarters, with growth averaging 6.5% over the last eight quarters.
- Peak year-over-year performance for Inventory in the last five years was growth of 25.3% in Q2 2022, against a decline of 3.9% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $19.63 billion (Q1 2026), $18.14 billion (Q4 2025) and $18.96 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.84 Bn | 323.53 Bn | 7.76 Bn | 20.63 Bn |
| 2 | Amphenol | 209.14 Bn | 203.72 Bn | 3.55 Bn | 4.55 Bn |
| 3 | Deere | 173.99 Bn | 142.08 Bn | 4.66 Bn | 7.81 Bn |
| 4 | Eaton | 165.20 Bn | 162.39 Bn | 2.86 Bn | 5.42 Bn |
| 5 | Parker-Hannifin | 120.55 Bn | 118.67 Bn | 2.25 Bn | 3.17 Bn |
| 6 | Emerson Electric | 90.75 Bn | 83.49 Bn | 2.66 Bn | 2.51 Bn |
| 7 | Vertiv Holdings | 90.61 Bn | 81.23 Bn | 1.23 Bn | 2.52 Bn |
| 8 | 3M | 83.78 Bn | 65.18 Bn | 2.68 Bn | 3.77 Bn |
| 9 | Illinois Tool Works | 75.74 Bn | 72.30 Bn | 1.90 Bn | 1.76 Bn |
| 10 | Cummins | 72.28 Bn | 68.36 Bn | 2.47 Bn | 6.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.63 Bn |
| Mar 31, 2026 | 19.63 Bn |
| Dec 31, 2025 | 18.14 Bn |
| Sep 30, 2025 | 18.96 Bn |
| Jun 30, 2025 | 18.60 Bn |
| Mar 31, 2025 | 17.86 Bn |
| Dec 31, 2024 | 16.83 Bn |
| Sep 30, 2024 | 17.31 Bn |
| Jun 30, 2024 | 17.08 Bn |
| Mar 31, 2024 | 16.95 Bn |
| Dec 31, 2023 | 16.57 Bn |
| Sep 30, 2023 | 17.58 Bn |
| Jun 30, 2023 | 17.75 Bn |
| Mar 31, 2023 | 17.63 Bn |
| Dec 31, 2022 | 16.27 Bn |
| Sep 30, 2022 | 16.86 Bn |
| Jun 30, 2022 | 15.88 Bn |
| Mar 31, 2022 | 15.04 Bn |
| Dec 31, 2021 | 14.04 Bn |
| Sep 30, 2021 | 13.67 Bn |
API Access
Caterpillar Inventory 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=inventory&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();