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| Date | Value |
|---|---|
| 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 |