Caterpillar (CAT) Non-Current Debt (2009 - 2026)
Caterpillar (CAT) reported Non-Current Debt of $32.04 billion for Q2 2026, up 14.6% from $27.95 billion a year earlier and up 4.6% from the prior quarter.
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Analysis
Caterpillar (CAT) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Caterpillar posted Non-Current Debt of $30.7 billion, up 12.2% from FY2024.
- Non-Current Debt has a five-year compound annual growth rate of 3.4% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $27.35 billion in FY2024 (+11.8%), $24.47 billion in FY2023 (-4.8%), $25.71 billion in FY2022 (-1.2%) and $26.03 billion in FY2021 (+0.1%).
- The Q2 2026 figure ranks as the highest quarterly Non-Current Debt in data going back to Q4 2009.
- Year over year, Non-Current Debt has now increased in each of the last nine quarters, with growth averaging 11.5% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q1 2026 (growth of 18.7%); the low point was Q2 2023 (a decline of 12.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $30.64 billion (Q1 2026), $30.7 billion (Q4 2025) and $27.74 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.37 Bn | 323.07 Bn | 7.76 Bn | 32.04 Bn |
| 2 | Amphenol | 209.04 Bn | 203.63 Bn | 3.55 Bn | 17.18 Bn |
| 3 | Deere | 173.76 Bn | 141.85 Bn | 4.66 Bn | 6.10 Bn |
| 4 | Eaton | 165.23 Bn | 162.42 Bn | 2.86 Bn | 18.51 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 6.77 Bn |
| 6 | Emerson Electric | 90.68 Bn | 83.42 Bn | 2.66 Bn | 7.53 Bn |
| 7 | Vertiv Holdings | 90.65 Bn | 81.27 Bn | 1.23 Bn | 2.94 Bn |
| 8 | 3M | 83.69 Bn | 65.09 Bn | 2.68 Bn | 10.90 Bn |
| 9 | Illinois Tool Works | 75.68 Bn | 72.24 Bn | 1.90 Bn | 6.55 Bn |
| 10 | Cummins | 72.28 Bn | 68.36 Bn | 2.47 Bn | 6.74 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.04 Bn |
| Mar 31, 2026 | 30.64 Bn |
| Dec 31, 2025 | 30.70 Bn |
| Sep 30, 2025 | 27.74 Bn |
| Jun 30, 2025 | 27.95 Bn |
| Mar 31, 2025 | 25.82 Bn |
| Dec 31, 2024 | 27.35 Bn |
| Sep 30, 2024 | 25.78 Bn |
| Jun 30, 2024 | 23.84 Bn |
| Mar 31, 2024 | 24.83 Bn |
| Dec 31, 2023 | 24.47 Bn |
| Sep 30, 2023 | 24.26 Bn |
| Jun 30, 2023 | 22.99 Bn |
| Mar 31, 2023 | 24.87 Bn |
| Dec 31, 2022 | 25.71 Bn |
| Sep 30, 2022 | 25.51 Bn |
| Jun 30, 2022 | 26.22 Bn |
| Mar 31, 2022 | 25.28 Bn |
| Dec 31, 2021 | 26.03 Bn |
| Sep 30, 2021 | 27.15 Bn |
API Access
Caterpillar Non-Current Debt 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=non-current-debt&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();