Segments Excluding All Other Segments — Cost of goods sold
Business Segments · Cost of goods soldCaterpillar Segments Excluding All Other Segments — Cost of goods sold increased by 12.5% to $14.64B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 25.0%, from $11.71B to $14.64B. Over 3 years (FY 2022 to FY 2025), Segments Excluding All Other Segments — Cost of goods sold shows relatively stable performance with a 2.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decrease relative to revenue suggests improved manufacturing efficiency or lower input costs, while an increase may signal rising supply chain costs or production inefficiencies.
Detailed definition
This metric captures the direct costs attributable to the production of the goods and services sold by the company's pri...
Peer comparison
Comparable to 'Cost of Sales' or 'Cost of Goods Sold' in standard industrial financial reporting.
cat_segment_segments_excluding_all_other_segments_cost_of_goods_soldHistorical Data
| 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 | $11.53B | $11.53B | $11.53B | $11.53B | $11.98B | $11.98B | $11.98B | $11.98B | $10.90B | $11.59B | $11.30B | $11.71B | $10.17B | $12.06B | $13.01B | $14.64B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +3.9% | +0.0% | +0.0% | +0.0% | -8.9% | +6.3% | -2.5% | +3.6% | -13.1% | +18.6% | +7.9% | +12.5% |
| YoY Change | — | — | — | — | +3.9% | +3.9% | +3.9% | +3.9% | -8.9% | -3.2% | -5.6% | -2.2% | -6.7% | +4.1% | +15.1% | +25.0% |
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Frequently Asked Questions
- What is Caterpillar's segments excluding all other segments — cost of goods sold?
- Caterpillar (CAT) reported segments excluding all other segments — cost of goods sold of $14.64B in Q4 2025.
- How has Caterpillar's segments excluding all other segments — cost of goods sold changed year-over-year?
- Caterpillar's segments excluding all other segments — cost of goods sold increased by 25.0% year-over-year, from $11.71B to $14.64B.
- What is the long-term trend for Caterpillar's segments excluding all other segments — cost of goods sold?
- Over 3 years (2022 to 2025), Caterpillar's segments excluding all other segments — cost of goods sold has grown at a 2.7% compound annual growth rate (CAGR), from $46.10B to $49.89B.
- What does segments excluding all other segments — cost of goods sold mean?
- The direct costs incurred to manufacture and deliver the products sold by the core business segments.