Caterpillar (CAT) Invested Capital (2009 - 2026)
Caterpillar (CAT) posted Invested Capital of $53.8 billion for Q2 2026, up 5.55% on a QoQ basis from $51.0 billion in Q1 2026, and up 10.51% year-over-year from $48.7 billion in Q2 2025.
Caterpillar (CAT) Invested Capital (2009 - 2026) Analysis & Trends
Caterpillar has reported Invested Capital for 18 years, with the latest figure at $53.8 billion in Q2 2026.
- On a quarterly basis, Invested Capital rose 10.51% year-over-year to $53.8 billion in Q2 2026; TTM through Jun 2026 was $53.8 billion, a 10.51% increase from a year earlier, with the FY2025 full-year figure at $63.0 billion, up 13.32% from the prior year.
- Invested Capital was $53.8 billion for Q2 2026 at Caterpillar, up from $51.0 billion in the prior quarter.
- The five-year high for Invested Capital was $63.0 billion in Q4 2025, with the low at $42.5 billion in Q3 2022.
- Average Invested Capital over 5 years is $49.4 billion, with a median of $48.4 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Invested Capital fell 3.71% in 2022, then rose 13.32% in 2025.
- Over 5 years, Invested Capital stood at $53.5 billion in 2022, then decreased by 0.48% to $53.3 billion in 2023, then grew by 4.45% to $55.6 billion in 2024, then increased by 13.32% to $63.0 billion in 2025, then slipped by 14.58% to $53.8 billion in 2026.
- The last three Invested Capital figures came in at $53.8 billion (Q2 2026), $51.0 billion (Q1 2026), and $63.0 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | 53.85 Bn |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 34.42 Bn |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | 51.21 Bn |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | 43.00 Bn |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 24.64 Bn |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 7.70 Bn |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 15.56 Bn |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 33.51 Bn |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 12.59 Bn |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn | 21.25 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.85 Bn |
| Mar 31, 2026 | 51.02 Bn |
| Dec 31, 2025 | 63.04 Bn |
| Sep 30, 2025 | 51.49 Bn |
| Jun 30, 2025 | 48.73 Bn |
| Mar 31, 2025 | 48.01 Bn |
| Dec 31, 2024 | 55.63 Bn |
| Sep 30, 2024 | 48.62 Bn |
| Jun 30, 2024 | 45.87 Bn |
| Mar 31, 2024 | 45.91 Bn |
| Dec 31, 2023 | 53.26 Bn |
| Sep 30, 2023 | 48.13 Bn |
| Jun 30, 2023 | 46.38 Bn |
| Mar 31, 2023 | 45.61 Bn |
| Dec 31, 2022 | 53.52 Bn |
| Sep 30, 2022 | 42.55 Bn |
| Jun 30, 2022 | 43.01 Bn |
| Mar 31, 2022 | 44.92 Bn |
| Dec 31, 2021 | 53.36 Bn |
| Sep 30, 2021 | 43.67 Bn |
Caterpillar Invested Capital 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=invested-capital&ticker=CAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();