Caterpillar (CAT) Property, Plant & Equipment (Net) (2009 - 2026)
Caterpillar (CAT) reported Property, Plant & Equipment (Net) of $16.01 billion for Q3 2026, up 11.9% from $14.31 billion a year earlier and up 2.5% from the prior quarter.
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Analysis
Caterpillar (CAT) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Caterpillar posted Property, Plant & Equipment (Net) of $15.14 billion, up 13.3% from FY2024.
- Property, Plant & Equipment (Net) has increased for three consecutive years, with a five-year compound annual growth rate of 4.1% (FY2020 to FY2025).
- By year, Property, Plant & Equipment (Net) came in at $13.36 billion in FY2024 (+5.4%), $12.68 billion in FY2023 (+5.4%), $12.03 billion in FY2022 (-0.5%) and $12.09 billion in FY2021 (-2.5%).
- The Q3 2026 figure ranks as the highest quarterly Property, Plant & Equipment (Net) since Q4 2015.
- Year over year, Property, Plant & Equipment (Net) has now increased in each of the last 15 quarters, with growth averaging 10.7% over the last eight quarters.
- The high point for year-over-year Property, Plant & Equipment (Net) in five years was Q1 2026 (growth of 13.5%); the low point was Q4 2021 (a decline of 2.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $15.63 billion (Q2 2026), $15.25 billion (Q1 2026) and $15.14 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 16.01 Bn |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 3.24 Bn |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | - |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 4.82 Bn |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 3.43 Bn |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 6.97 Bn |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 2.86 Bn |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 2.25 Bn |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 1.32 Bn |
| 10 | Tenaris | 62.09 Bn | 33.35 Bn | 1.07 Bn | 6.10 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.01 Bn |
| Jun 30, 2026 | 15.63 Bn |
| Mar 31, 2026 | 15.25 Bn |
| Dec 31, 2025 | 15.14 Bn |
| Sep 30, 2025 | 14.31 Bn |
| Jun 30, 2025 | 13.90 Bn |
| Mar 31, 2025 | 13.43 Bn |
| Dec 31, 2024 | 13.36 Bn |
| Sep 30, 2024 | 12.84 Bn |
| Jun 30, 2024 | 12.58 Bn |
| Mar 31, 2024 | 12.54 Bn |
| Dec 31, 2023 | 12.68 Bn |
| Sep 30, 2023 | 12.29 Bn |
| Jun 30, 2023 | 12.12 Bn |
| Mar 31, 2023 | 11.97 Bn |
| Dec 31, 2022 | 12.03 Bn |
| Sep 30, 2022 | 11.64 Bn |
| Jun 30, 2022 | 11.74 Bn |
| Mar 31, 2022 | 11.93 Bn |
| Dec 31, 2021 | 12.09 Bn |
API Access
Caterpillar Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();