Construction Industries — Cost of goods sold

Business Segments · Cost of goods sold

Caterpillar Construction Industries — Cost of goods sold increased by 9.6% to $5.34B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 24.3%, from $4.30B to $5.34B. Over 3 years (FY 2022 to FY 2025), Construction Industries — Cost of goods sold shows relatively stable performance with a -0.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

A decrease relative to revenue signals improved manufacturing efficiency or lower input costs.

Detailed definition

The direct costs attributable to the production of the goods sold by the construction segment, including raw materials,...

Peer comparison

Standard metric for manufacturing segments, comparable across all industrial and capital goods companies.

Metric ID: cat_segment_construction_industries_cost_of_goods_sold

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$4.73B$4.73B$4.73B$4.73B$4.66B$4.66B$4.66B$4.66B$4.21B$4.47B$4.35B$4.30B$3.72B$4.46B$4.87B$5.34B
QoQ Change+0.0%+0.0%+0.0%-1.4%+0.0%+0.0%+0.0%-9.7%+6.2%-2.7%-1.2%-13.5%+19.9%+9.3%+9.6%
YoY Change-1.4%-1.4%-1.4%-1.4%-9.7%-4.2%-6.8%-7.9%-11.7%-0.2%+12.1%+24.3%
Range$3.72B$5.34B
CAGR+3.3%
Avg YoY Growth-0.8%
Median YoY Growth-1.4%
Current Streak3 quarters growth

Frequently Asked Questions

What is Caterpillar's construction industries — cost of goods sold?
Caterpillar (CAT) reported construction industries — cost of goods sold of $5.34B in Q4 2025.
How has Caterpillar's construction industries — cost of goods sold changed year-over-year?
Caterpillar's construction industries — cost of goods sold increased by 24.3% year-over-year, from $4.30B to $5.34B.
What is the long-term trend for Caterpillar's construction industries — cost of goods sold?
Over 3 years (2022 to 2025), Caterpillar's construction industries — cost of goods sold has grown at a -0.9% compound annual growth rate (CAGR), from $18.92B to $18.39B.
What does construction industries — cost of goods sold mean?
The direct costs incurred to manufacture and deliver the products sold by the construction segment.

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