Net Operating Loss Carryforwards
Caterpillar Net Operating Loss Carryforwards decreased by 3.6% to $1.30B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.6%, from $1.35B to $1.30B. Over 5 years (FY 2020 to FY 2025), Net Operating Loss Carryforwards shows relatively stable performance with a -0.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests potential future tax savings, while a decrease indicates the company is utilizing these assets to offset taxable income.
Detailed definition
This represents the tax value of prior operating losses that can be applied to reduce future taxable income. It serves a...
Peer comparison
Common in capital-intensive industries or companies recovering from cyclical downturns.
net_operating_loss_carryforwardsHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $1.38B | $1.35B | $1.39B | $1.35B | $1.30B |
| QoQ Change | — | -2.2% | +3.0% | -3.1% | -3.6% |
| YoY Change | — | -2.2% | +3.0% | -3.1% | -3.6% |
Net Operating Loss Carryforwards at Other Companies
Frequently Asked Questions
- What is Caterpillar's net operating loss carryforwards?
- Caterpillar (CAT) reported net operating loss carryforwards of $1.30B in Q4 2025.
- How has Caterpillar's net operating loss carryforwards changed year-over-year?
- Caterpillar's net operating loss carryforwards decreased by 3.6% year-over-year, from $1.35B to $1.30B.
- What is the long-term trend for Caterpillar's net operating loss carryforwards?
- Over 5 years (2020 to 2025), Caterpillar's net operating loss carryforwards has grown at a -0.7% compound annual growth rate (CAGR), from $1.35B to $1.30B.
- What does net operating loss carryforwards mean?
- The value of past losses that can be used to lower future tax bills.