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Business Segments · CapEx

Power & Energy — CapEx

Caterpillar Power & Energy — CapEx increased by 21.3% to $291M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.3%, from $240M to $291M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 6, 2026

How to read this metric

An increase typically signals management's confidence in future demand and a commitment to scaling operations or improving manufacturing efficiency. A decrease may indicate a focus on cash preservation, the completion of a major investment cycle, or a more cautious outlook on market growth.

Detailed definition

This metric measures the cash outflows used by the Energy and Transportation segment to acquire, upgrade, and maintain p...

Peer comparison

Comparable to capital expenditure metrics in industrial segments of peer companies, often evaluated against depreciation levels to determine if the segment is in a growth or maintenance phase.

Metric ID: cat_segment_power_energy_capital_expenditures

Historical Data

10 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$236M$236M$236M$236M$319.75M$319.75M$319.75M$319.75M$240M$291M
QoQ Change+0.0%+0.0%+0.0%+35.5%+0.0%+0.0%+0.0%-24.9%+21.3%
YoY Change+35.5%+35.5%+35.5%+35.5%-24.9%+21.3%
Range$236M$319.75M
CAGR+9.8%
Avg YoY Growth+23.0%
Median YoY Growth+35.5%

Frequently Asked Questions

What is Caterpillar's power & energy — capex?
Caterpillar (CAT) reported power & energy — capex of $291M in Q1 2026.
How has Caterpillar's power & energy — capex changed year-over-year?
Caterpillar's power & energy — capex increased by 21.3% year-over-year, from $240M to $291M.
What does power & energy — capex mean?
The total amount of money spent by the Energy and Transportation segment on long-term physical assets like equipment and facilities.