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Caterpillar CAT Power & Energy — Cost of goods sold

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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$409.34B+101%
P/E43.4×+21.8×
P/S5.8×+2.6×

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:CostOfRevenue.

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 — cost of goods sold?
Caterpillar (CAT) reported power & energy — cost of goods sold of $4.85B in Q1 2026.
How has Caterpillar's power & energy — cost of goods sold changed year-over-year?
Caterpillar's power & energy — cost of goods sold increased by 26.4% year-over-year, from $3.83B to $4.85B.
What does power & energy — cost of goods sold mean?
Includes all direct costs associated with the production and delivery of energy and transportation products, such as raw materials, direct labor, and manufacturing overhead. This metric is a primary indicator of the segment's production efficiency and supply chain cost management.