Caterpillar (CAT) Payables (2009 - 2026)
Caterpillar's Payables came in at $16.11 billion for Q2 2026, up 17.1% from $13.76 billion a year earlier and up 12.1% from the prior quarter.
Powered by 
Analysis
Caterpillar (CAT) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Caterpillar's Payables was $15.19 billion, up 19.2% from FY2024.
- Payables carries a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- Going back by year, Payables was $12.74 billion in FY2024 (-3.5%), $13.2 billion in FY2023 (-13.5%), $15.27 billion in FY2022 (+7.9%) and $14.15 billion in FY2021 (+62.6%).
- The Q2 2026 figure represents the highest quarterly Payables since Q1 2011.
- Year-over-year, Payables has increased for five consecutive quarters, with growth averaging 9.0% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q4 2021 (growth of 62.6%), and the weakest in Q1 2024 (a decline of 23.3%).
- Business Quant data shows CAT's Payables at $14.37 billion (Q1 2026), $15.19 billion (Q4 2025) and $13.24 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.84 Bn | 323.53 Bn | 7.76 Bn | 16.11 Bn |
| 2 | Amphenol | 209.14 Bn | 203.72 Bn | 3.55 Bn | 4.32 Bn |
| 3 | Deere | 173.99 Bn | 142.08 Bn | 4.66 Bn | 14.11 Bn |
| 4 | Eaton | 165.20 Bn | 162.39 Bn | 2.86 Bn | 7.51 Bn |
| 5 | Parker-Hannifin | 120.55 Bn | 118.67 Bn | 2.25 Bn | 2.44 Bn |
| 6 | Emerson Electric | 90.75 Bn | 83.49 Bn | 2.66 Bn | 1.61 Bn |
| 7 | Vertiv Holdings | 90.61 Bn | 81.23 Bn | 1.23 Bn | 2.47 Bn |
| 8 | 3M | 83.78 Bn | 65.18 Bn | 2.68 Bn | 3.11 Bn |
| 9 | Illinois Tool Works | 75.74 Bn | 72.30 Bn | 1.90 Bn | 1.09 Bn |
| 10 | Cummins | 72.28 Bn | 68.36 Bn | 2.47 Bn | 5.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.11 Bn |
| Mar 31, 2026 | 14.37 Bn |
| Dec 31, 2025 | 15.19 Bn |
| Sep 30, 2025 | 13.24 Bn |
| Jun 30, 2025 | 13.76 Bn |
| Mar 31, 2025 | 11.25 Bn |
| Dec 31, 2024 | 12.74 Bn |
| Sep 30, 2024 | 11.43 Bn |
| Jun 30, 2024 | 13.56 Bn |
| Mar 31, 2024 | 11.35 Bn |
| Dec 31, 2023 | 13.20 Bn |
| Sep 30, 2023 | 12.05 Bn |
| Jun 30, 2023 | 14.65 Bn |
| Mar 31, 2023 | 14.79 Bn |
| Dec 31, 2022 | 15.27 Bn |
| Sep 30, 2022 | 12.46 Bn |
| Jun 30, 2022 | 13.73 Bn |
| Mar 31, 2022 | 12.86 Bn |
| Dec 31, 2021 | 14.15 Bn |
| Sep 30, 2021 | 10.47 Bn |
API Access
Caterpillar Payables 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=payables&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();