Caterpillar Construction Industries — CapEx increased by 88.4% to $162.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.5%, from $144.00M to $162.00M. Over 4 years (FY 2021 to FY 2025), Construction Industries — CapEx shows an upward trend with a 8.9% CAGR.
An increase typically signals management's confidence in future demand and a commitment to expanding production capacity or modernizing technology. Conversely, a decrease may indicate a focus on capital preservation, reduced demand expectations, or the completion of major infrastructure projects.
This metric represents the total cash outflows used by the Construction Industries segment to acquire, upgrade, and main...
Comparable to capital expenditure (CapEx) figures reported by other industrial manufacturing peers, often evaluated relative to segment revenue to determine asset intensity.
cat_segment_construction_industries_capital_expenditures| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $36.00M | $56.00M | $135.00M | $32.00M | $43.00M | $74.00M | $122.00M | $32.00M | $51.00M | $105.00M | $188.00M | $58.00M | $55.00M | $66.00M | $144.00M | $46.00M | $64.00M | $86.00M | $162.00M |
| QoQ Change | — | +55.6% | +141.1% | -76.3% | +34.4% | +72.1% | +64.9% | -73.8% | +59.4% | +105.9% | +79.0% | -69.1% | -5.2% | +20.0% | +118.2% | -68.1% | +39.1% | +34.4% | +88.4% |
| YoY Change | — | — | — | — | +19.4% | +32.1% | -9.6% | +0.0% | +18.6% | +41.9% | +54.1% | +81.3% | +7.8% | -37.1% | -23.4% | -20.7% | +16.4% | +30.3% | +12.5% |
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