Caterpillar (CAT) Net of Acquisitions & Divestments (2009 - 2026)
Caterpillar's Net of Acquisitions & Divestments was -$106 million in Q2 2026, compared with -$19 million a year earlier.
Caterpillar (CAT) Net of Acquisitions & Divestments (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Caterpillar's Net of Acquisitions & Divestments was -$910 million through Jun 30, 2026; for FY2025, it came in at -$25 million.
- In earlier years, Net of Acquisitions & Divestments was -$95 million in FY2024, -$79 million in FY2023, -$87 million in FY2022 and -$454 million in FY2021.
- Quarterly Net of Acquisitions & Divestments has moved between -$788 million (Q1 2026) and $42 million (Q1 2024) over five years.
- Per Business Quant data, CAT's Net of Acquisitions & Divestments in the three quarters before Q2 2026 was -$788 million (Q1 2026), -$11 million (Q4 2025) and -$5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | -91.00 Mn |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | -371.80 Mn |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | -16.00 Mn |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | - |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | -9.10 Bn |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | - |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | - |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | -10.00 Mn |
| 10 | Tenaris | 62.09 Bn | 33.35 Bn | 1.07 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -91.00 Mn |
| Jun 30, 2026 | -106.00 Mn |
| Mar 31, 2026 | -788.00 Mn |
| Dec 31, 2025 | -11.00 Mn |
| Sep 30, 2025 | -5.00 Mn |
| Jun 30, 2025 | -19.00 Mn |
| Mar 31, 2025 | 10.00 Mn |
| Dec 31, 2024 | 4.00 Mn |
| Sep 30, 2024 | -6.00 Mn |
| Jun 30, 2024 | -135.00 Mn |
| Mar 31, 2024 | 42.00 Mn |
| Dec 31, 2023 | 2.00 Mn |
| Sep 30, 2023 | -47.00 Mn |
| Jun 30, 2023 | -15.00 Mn |
| Mar 31, 2023 | -19.00 Mn |
| Dec 31, 2022 | -44.00 Mn |
| Sep 30, 2022 | -8.00 Mn |
| Jun 30, 2022 | -27.00 Mn |
| Mar 31, 2022 | -8.00 Mn |
| Dec 31, 2021 | -28.00 Mn |
Caterpillar Net of Acquisitions & Divestments 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-of-acquisitions-and-divestments&ticker=CAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-of-acquisitions-and-divestments", "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-of-acquisitions-and-divestments&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();