Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
558.63
+4.99 (0.90%)
At close: Nov 6, 2026, 4:00 PM EST
560.50
+1.87 (0.33%)
After-hours: Nov 6, 2026, 7:59 PM EST
Caterpillar Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 7,102 | 9,333 | 6,165 | 6,106 | 6,042 | 8,428 |
Short-Term Investments | - | - | - | 1,900 | - | 964 |
Cash & Short-Term Investments | 7,102 | 9,333 | 6,165 | 8,006 | 6,042 | 9,392 |
Cash Growth | 7.07% | 51.39% | -22.99% | 32.51% | -35.67% | 6.46% |
Receivables | 13,440 | 11,217 | 9,520 | 9,556 | 9,103 | 8,664 |
Inventory | 22,214 | 18,135 | 16,827 | 16,565 | 16,270 | 14,038 |
Finance Div. Loans and Leases | 11,051 | 10,649 | 9,565 | 9,510 | 9,013 | 8,898 |
Finance Div. Other Current Assets | 827 | 647 | 724 | 872 | 962 | 826 |
Prepaid Expenses | 3,200 | 2,504 | 2,881 | 2,440 | 2,395 | 1,637 |
Total Current Assets | 57,834 | 52,485 | 45,682 | 46,949 | 43,785 | 43,455 |
Property, Plant & Equipment | 11,774 | 15,848 | 10,123 | 9,250 | 8,750 | 8,797 |
Goodwill | 5,905 | 5,321 | 5,241 | 5,308 | 5,288 | 6,324 |
Other Intangible Assets | 409 | 241 | 399 | 564 | 758 | 1,042 |
Finance Div. Loans and Leases Long-Term | 14,402 | 14,272 | 13,242 | 12,664 | 12,013 | 12,707 |
Long-Term Accounts Receivable | 3,348 | 2,142 | 1,225 | 1,238 | 1,265 | 1,204 |
Long-Term Deferred Tax Assets | 2,235 | 2,757 | 3,191 | 2,634 | 2,047 | 1,669 |
Other Long-Term Assets | 6,699 | 5,519 | 4,831 | 4,883 | 4,195 | 3,677 |
Total Assets | 106,843 | 98,585 | 87,764 | 87,476 | 81,943 | 82,793 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 10,573 | 8,968 | 7,675 | 7,906 | 8,689 | 8,154 |
Accrued Expenses | 7,920 | 7,371 | 6,924 | 7,057 | 5,951 | 5,571 |
Short-Term Debt | - | - | - | - | 3 | 9 |
Current Portion of Long-Term Debt | 36 | 35 | 46 | 1,044 | 120 | 45 |
Current Portion of Leases | - | 158 | 143 | 147 | 151 | 158 |
Finance Div. Debt Current | 12,999 | 12,599 | 11,012 | 12,362 | 11,156 | 11,702 |
Finance Div. Other Current Liabilities | 784 | 773 | 710 | 658 | 442 | 429 |
Current Unearned Revenue | 5,326 | 3,311 | 2,322 | 1,929 | 1,860 | 1,086 |
Other Current Liabilities | 3,028 | 3,343 | 3,440 | 3,625 | 3,159 | 2,693 |
Total Current Liabilities | 40,666 | 36,558 | 32,272 | 34,728 | 31,531 | 29,847 |
Long-Term Debt | 10,614 | 10,584 | 8,497 | 8,507 | 9,442 | 9,667 |
Finance Div. Debt Long-Term | 21,552 | 20,018 | 18,787 | 15,893 | 16,216 | 16,287 |
Finance Div. Other Long-Term Liabilities | 1 | 1 | - | - | - | - |
Long-Term Leases | - | 664 | 526 | 499 | 484 | 563 |
Long-Term Unearned Revenue | - | 1,364 | 423 | 460 | 454 | - |
Pension & Post-Retirement Benefits | 3,609 | 3,837 | 3,757 | 4,098 | 4,203 | 5,592 |
Long-Term Deferred Tax Liabilities | - | 494 | 432 | 454 | 471 | 412 |
Other Long-Term Liabilities | 8,919 | 3,747 | 3,576 | 3,334 | 3,251 | 3,909 |
Total Liabilities | 85,361 | 77,267 | 68,270 | 67,973 | 66,052 | 66,277 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 6,658 | 7,181 | 6,941 | 6,403 | 6,560 | 6,398 |
Retained Earnings | 73,428 | 65,448 | 59,352 | 51,250 | 43,514 | 39,282 |
Treasury Stock | -56,702 | -49,539 | -44,331 | -36,339 | -31,748 | -27,643 |
Comprehensive Income & Other | -1,901 | -1,772 | -2,471 | -1,820 | -2,457 | -1,553 |
Total Common Equity | 21,483 | 21,318 | 19,491 | 19,494 | 15,869 | 16,484 |
Minority Interest | -1 | - | 3 | 9 | 22 | 32 |
Shareholders' Equity | 21,482 | 21,318 | 19,494 | 19,503 | 15,891 | 16,516 |
Total Liabilities & Equity | 106,843 | 98,585 | 87,764 | 87,476 | 81,943 | 82,793 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 45,201 | 44,058 | 39,011 | 38,452 | 37,572 | 38,431 |
Net Cash (Debt) | -38,099 | -34,725 | -32,846 | -30,446 | -31,530 | -29,039 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -82.00 | -73.52 | -67.11 | -59.28 | -59.45 | -52.94 |
Filing Date Shares Outstanding | 459.1 | 465.29 | 477.93 | 499.38 | 516.35 | 535.89 |
Total Common Shares Outstanding | 459.1 | 465.29 | 477.93 | 499.38 | 516.35 | 535.89 |
Working Capital | 17,168 | 15,927 | 13,410 | 12,221 | 12,254 | 13,608 |
Book Value Per Share | 46.79 | 45.82 | 40.78 | 39.04 | 30.73 | 30.76 |
Tangible Book Value | 15,169 | 15,756 | 13,851 | 13,622 | 9,823 | 9,118 |
Tangible Book Value Per Share | 33.04 | 33.86 | 28.98 | 27.28 | 19.02 | 17.01 |
Land | - | 616 | - | - | - | - |
Buildings | - | 7,761 | - | - | - | - |
Machinery | - | 13,737 | - | - | - | - |
Construction In Progress | - | 2,092 | - | - | - | - |
Order Backlog | - | 51,200 | 30,000 | - | - | - |