What is Caterpillar's long-term debt?

Caterpillar (CAT) reported long-term debt of $30.70B in Q4 2025.

How has Caterpillar's long-term debt changed year-over-year?

Caterpillar's long-term debt increased by 12.2% year-over-year, from $27.35B to $30.70B.

What is the long-term trend for Caterpillar's long-term debt?

Over 5 years (2020 to 2025), Caterpillar's long-term debt has grown at a 3.4% compound annual growth rate (CAGR), from $26.00B to $30.70B.

What does long-term debt mean?

Money borrowed by the company that is not due to be paid back for at least one year.

Long-Term Debt

Non-Current Liabilities

Caterpillar Long-Term Debt increased by 12.2% to $30.70B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $27.35B to $30.70B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt shows an upward trend with a 3.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Liabilities

CategoryLeverage

SignalLower is better

VolatilityStable

First reportedQ4 2008

Last reportedQ4 2025

How to read this metric

An increase signals higher financial leverage and future interest expense, whereas a decrease indicates debt repayment and a stronger balance sheet.

Detailed definition

Loans and financial obligations with a maturity date exceeding one year from the balance sheet date. This represents the...

Peer comparison

Large-cap tech companies often use long-term debt to take advantage of low interest rates even when they have significant cash holdings.

Metric ID: long_term_debt

Historical Data

5 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$5.00M	$14.00M	$24.47B	$27.35B	$30.70B
QoQ Change	—	+180.0%	>999%	+11.8%	+12.2%
YoY Change	—	+180.0%	>999%	+11.8%	+12.2%

Range$5.00M – $30.70B

CAGR>999%

Avg YoY Growth>999%

Median YoY Growth+96.1%

Current Streak4+ quarters growth

Product Breakdown

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Frequently Asked Questions

What is Caterpillar's long-term debt?: Caterpillar (CAT) reported long-term debt of $30.70B in Q4 2025.
How has Caterpillar's long-term debt changed year-over-year?: Caterpillar's long-term debt increased by 12.2% year-over-year, from $27.35B to $30.70B.
What is the long-term trend for Caterpillar's long-term debt?: Over 5 years (2020 to 2025), Caterpillar's long-term debt has grown at a 3.4% compound annual growth rate (CAGR), from $26.00B to $30.70B.
What does long-term debt mean?: Money borrowed by the company that is not due to be paid back for at least one year.