Caterpillar (CAT) Inventory Average (2009 - 2026)

Caterpillar (CAT) recorded quarterly Inventory Average of $18.9 billion in Q1 2026, up 1.8% quarter-over-quarter from $18.5 billion in Q4 2025, and up 8.86% on a YoY basis from $17.3 billion in Q1 2025.

Caterpillar (CAT) Inventory Average (2009 - 2026) Analysis & Trends

Caterpillar's Inventory Average history runs 18 years deep, the most recent figure standing at $18.9 billion for Q1 2026.

  • In Q1 2026, Inventory Average rose 8.86% year-over-year to $18.9 billion; the TTM figure through Mar 2026 stood at $18.9 billion (up 8.86% YoY), while the FY2025 annual figure was $17.5 billion, up 4.7% from the prior year.
  • Inventory Average was $18.9 billion for Q1 2026 at Caterpillar, up from $18.5 billion in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $18.9 billion in Q1 2026 to a low of $14.5 billion in Q1 2022.
  • Historically, Inventory Average has averaged $17.2 billion across 5 years, with a median of $17.1 billion in 2023.
  • The sharpest annual moves came in 2022 and 2024: Inventory Average rose 24.57% in 2022, then declined 3.8% in 2024.
  • A 5-year view of Inventory Average shows it stood at $16.6 billion in 2022, then rose by 3.06% to $17.1 billion in 2023, then retreated by 0.02% to $17.1 billion in 2024, then advanced by 8.65% to $18.5 billion in 2025, then climbed by 1.8% to $18.9 billion in 2026.
  • The last three Inventory Average figures came in at $18.9 billion (Q1 2026), $18.5 billion (Q4 2025), and $18.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Caterpillar 397.22 Bn 393.14 Bn 6.11 Bn 18.88 Bn
2 Deere 151.61 Bn 143.71 Bn 13.06 Bn 11.03 Bn
3 Paccar 60.18 Bn 59.49 Bn 1.36 Bn 2.21 Bn
4 Oshkosh 8.00 Bn 7.75 Bn 311.90 Mn 2.45 Bn
5 Terex 5.74 Bn 5.35 Bn 206.00 Mn 1.38 Bn
6 Blue Bird 2.18 Bn 1.91 Bn 70.65 Mn 142.85 Mn
7 Alamo 1.82 Bn 1.62 Bn 104.81 Mn 404.40 Mn
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 156.31 Mn
9 Astec Industries 1.14 Bn 1.06 Bn 99.10 Mn 467.90 Mn
10 Hyster-Yale 613.93 Mn 618.23 Mn 124.80 Mn 639.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.88 Bn
Dec 31, 2025 18.55 Bn
Sep 30, 2025 18.78 Bn
Jun 30, 2025 18.23 Bn
Mar 31, 2025 17.34 Bn
Dec 31, 2024 17.07 Bn
Sep 30, 2024 17.20 Bn
Jun 30, 2024 17.02 Bn
Mar 31, 2024 16.76 Bn
Dec 31, 2023 17.07 Bn
Sep 30, 2023 17.66 Bn
Jun 30, 2023 17.69 Bn
Mar 31, 2023 16.95 Bn
Dec 31, 2022 16.57 Bn
Sep 30, 2022 16.37 Bn
Jun 30, 2022 15.46 Bn
Mar 31, 2022 14.54 Bn
Dec 31, 2021 13.85 Bn
Sep 30, 2021 13.17 Bn
Jun 30, 2021 12.41 Bn