Caterpillar (CAT) Net Debt Issuances and Repayments (2009 - 2026)
Caterpillar's Net Debt Issuances and Repayments was $2.18 billion in Q2 2026, up 27.6% from $1.71 billion a year earlier.
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Analysis
Caterpillar (CAT) Net Debt Issuances and Repayments (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Caterpillar's Net Debt Issuances and Repayments was $4.58 billion through Jun 30, 2026, up 64.1% year-over-year; for FY2025, it was $4.13 billion, up 416.9% from FY2024.
- In earlier years, Net Debt Issuances and Repayments was $799 million in FY2024 (+34.5%), $594 million in FY2023, -$652 million in FY2022 and $681 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Net Debt Issuances and Repayments since Q2 2012.
- Per Business Quant data, CAT's Net Debt Issuances and Repayments in the three quarters before Q2 2026 was -$122 million (Q1 2026), $1.78 billion (Q4 2025) and $744 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 189.00 Mn |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | -937.90 Mn |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 478.00 Mn |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | -498.00 Mn |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 9.01 Bn |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 2.53 Bn |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | -2.01 Bn |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | -1.77 Bn |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | -15.30 Mn |
| 10 | Tenaris | 62.09 Bn | 33.35 Bn | 1.07 Bn | 283.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 189.00 Mn |
| Jun 30, 2026 | 2.18 Bn |
| Mar 31, 2026 | -122.00 Mn |
| Dec 31, 2025 | 1.78 Bn |
| Sep 30, 2025 | 744.00 Mn |
| Jun 30, 2025 | 1.71 Bn |
| Mar 31, 2025 | -98.00 Mn |
| Dec 31, 2024 | 930.00 Mn |
| Sep 30, 2024 | 248.00 Mn |
| Jun 30, 2024 | -490.00 Mn |
| Mar 31, 2024 | 111.00 Mn |
| Dec 31, 2023 | 419.00 Mn |
| Sep 30, 2023 | -415.00 Mn |
| Jun 30, 2023 | 651.00 Mn |
| Mar 31, 2023 | -61.00 Mn |
| Dec 31, 2022 | 378.00 Mn |
| Sep 30, 2022 | -246.00 Mn |
| Jun 30, 2022 | -512.00 Mn |
| Mar 31, 2022 | -272.00 Mn |
| Dec 31, 2021 | 1.05 Bn |
API Access
Caterpillar Net Debt Issuances and Repayments 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=net-debt-issuances-and-repayments&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-debt-issuances-and-repayments", "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=net-debt-issuances-and-repayments&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();