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Caterpillar CAT Power & Energy — Acquisitions

Other segment segments

Resource Industries
$546M
All Other Segment
$0
Construction Industries
$0

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MTZPower Delivery — Consolidated capital expenditures
$32M+50.9%
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SEBPower — Segment Expenditure Addition To Long Lived Assets
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IEEnergy Storage — Expenditures for segment assets
$0-100%

Other financials

Income statement

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Revenue$17.4B+22.2%
Gross profit$6.1B+15.6%
Operating income$3.1B+19.6%
Net income$2.5B+27.2%
EPS (diluted)$5.47+30.2%

Balance sheet

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Cash & equivalents$4.1B+14.3%
Total debt$36.9B+14.2%
Total equity$21.3B+9.4%
Total assets$95.6B+12.4%

Cash flow

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Operating cash flow$1.9B+45.1%
CapEx$728.0M+2.5%
Free cash flow$1.1B+97.2%

Valuation

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Market cap$486.85B+187%
P/E51.6×+34.6×
P/S6.9×+4.2×

Profitability

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Gross margin96.6%-4.4pp
Operating margin16.5%-2.7pp
Net margin13.3%-2.4pp
FCF margin13.4%-0.9pp

Returns & leverage

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Return on equity43.5%-11.8pp
Debt / equity1.7×+0.1×
Current ratio1.4×0.0×

Where this comes from

Reported directly by Caterpillar in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The official record: Caterpillar’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Caterpillar's power & energy — acquisitions?
Caterpillar (CAT) reported power & energy — acquisitions of $0 in Q1 2026.
What does power & energy — acquisitions mean?
This metric represents the total capital expenditures allocated specifically to the Energy and Transportation segment to support growth, infrastructure, and operational capacity. It reflects the investment intensity required to maintain, upgrade, or expand manufacturing facilities and technological capabilities within this business unit. These investments are critical for sustaining long-term competitive advantage in power generation, marine, rail, and industrial engine markets.