What is Caterpillar's d&a?

Caterpillar (CAT) reported d&a of $565.50M in Q4 2025.

How has Caterpillar's d&a changed year-over-year?

Caterpillar's d&a increased by 14.1% year-over-year, from $495.75M to $565.50M.

What is the long-term trend for Caterpillar's d&a?

Over 4 years (2021 to 2025), Caterpillar's d&a has grown at a 2.5% compound annual growth rate (CAGR), from $2.05B to $2.26B.

The non-cash accounting expense representing the wear and tear or expiration of assets over time.

Discontinued — last reported Q2 '13

D&A

Operating Expenses

Caterpillar D&A remained flat by 0.0% to $565.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $495.75M to $565.50M. Over 4 years (FY 2021 to FY 2025), D&A shows an upward trend with a 2.5% CAGR.

Analysis

StatementIncome Statement

SectionOperating Expenses

CategoryEfficiency

SignalContext dependent

VolatilityStable

First reportedQ1 2008

Last reportedQ2 2013

How to read this metric

Rising levels often indicate significant recent capital expenditures, while stable levels suggest a consistent asset base.

Detailed definition

Depreciation and amortization is a non-cash expense that allocates the cost of tangible and intangible assets over their...

Peer comparison

Standard non-cash expense found in the operating section of the income statement.

Metric ID: is_depreciation_and_amortization

Historical Data

5 years

	FY'21	FY'22	FY'23	FY'24	FY'25
Value	$2.05B	$1.94B	$1.93B	$1.98B	$2.26B
YoY Change	—	-5.5%	-0.4%	+2.8%	+14.1%

Range$1.93B – $2.26B

CAGR+2.5%

Avg YoY Growth+2.7%

Median YoY Growth+1.2%

Current Streak2 years growth

Business Segments

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Frequently Asked Questions

What is Caterpillar's d&a?: Caterpillar (CAT) reported d&a of $565.50M in Q4 2025.
How has Caterpillar's d&a changed year-over-year?: Caterpillar's d&a increased by 14.1% year-over-year, from $495.75M to $565.50M.
What is the long-term trend for Caterpillar's d&a?: Over 4 years (2021 to 2025), Caterpillar's d&a has grown at a 2.5% compound annual growth rate (CAGR), from $2.05B to $2.26B.
What does d&a mean?: The non-cash accounting expense representing the wear and tear or expiration of assets over time.

D&A