Caterpillar (CAT) Other Working Capital Changes (2009 - 2026)
Caterpillar's Other Working Capital Changes came in at $1.25 billion for Q2 2026, up 121.7% from $563 million a year earlier but down 6.0% from the prior quarter.
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Analysis
Caterpillar (CAT) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Caterpillar reported Other Working Capital Changes of $3.23 billion, up 147.7% year-over-year; for FY2025, it was $1.93 billion, up 422.4% from FY2024.
- Other Working Capital Changes carries a five-year compound annual growth rate of 57.3% (FY2020 to FY2025).
- Going back by year, Other Working Capital Changes was $370 million in FY2024 (+289.5%), $95 million in FY2023 (-87.6%), $768 million in FY2022 (+691.8%) and $97 million in FY2021 (-51.7%).
- The five-year range for quarterly Other Working Capital Changes is -$421 million (Q4 2023) to $1.33 billion (Q1 2026).
- Year-over-year, Other Working Capital Changes increased in five of the last six quarters, with growth averaging 217.7%.
- The fastest year-over-year change in Other Working Capital Changes over five years came in Q2 2025 (growth of 808.1%), and the weakest in Q4 2022 (a decline of 92.8%).
- Business Quant data shows CAT's Other Working Capital Changes at $1.33 billion (Q1 2026), $284 million (Q4 2025) and $373 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 351.37 Bn | 323.07 Bn | 7.76 Bn |
| 2 | Amphenol | 209.04 Bn | 203.63 Bn | 3.55 Bn |
| 3 | Deere | 173.76 Bn | 141.85 Bn | 4.66 Bn |
| 4 | Eaton | 165.23 Bn | 162.42 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Emerson Electric | 90.68 Bn | 83.42 Bn | 2.66 Bn |
| 7 | Vertiv Holdings | 90.65 Bn | 81.27 Bn | 1.23 Bn |
| 8 | 3M | 83.69 Bn | 65.09 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 75.68 Bn | 72.24 Bn | 1.90 Bn |
| 10 | Cummins | 72.28 Bn | 68.36 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.34 Bn |
| Mar 31, 2026 | 1.14 Bn |
| Dec 31, 2025 | 246.00 Mn |
| Sep 30, 2025 | 325.00 Mn |
| Jun 30, 2025 | 404.00 Mn |
| Mar 31, 2025 | 782.00 Mn |
| Dec 31, 2024 | -323.00 Mn |
| Sep 30, 2024 | 235.00 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Mar 31, 2024 | 339.00 Mn |
| Dec 31, 2023 | -300.00 Mn |
| Sep 30, 2023 | 197.00 Mn |
| Jun 30, 2023 | -25.00 Mn |
| Mar 31, 2023 | 472.00 Mn |
| Dec 31, 2022 | -250.00 Mn |
| Sep 30, 2022 | 208.00 Mn |
| Jun 30, 2022 | 190.00 Mn |
| Mar 31, 2022 | 410.00 Mn |
| Dec 31, 2021 | -357.00 Mn |
| Sep 30, 2021 | 357.00 Mn |
API Access
Caterpillar Other Working Capital Changes 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=other-working-capital-changes&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();