Operating Expenses
Short-term Lease Cost
Caterpillar Short-term Lease Cost remained flat by 0.0% to $16.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $16.25M to $16.75M. Over 4 years (FY 2021 to FY 2025), Short-term Lease Cost shows an upward trend with a 9.9% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ4 2025Feb 13, 2026
How to read this metric
Rising costs may indicate increased operational flexibility or a shift toward temporary asset usage rather than long-term capital commitments.
Detailed definition
This metric captures the total expense recognized for leases with a term of 12 months or less. These leases are typicall...
Peer comparison
Standard disclosure for companies following IFRS 16 or ASC 842 accounting rules.
Metric ID:
cat_short_term_lease_costHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $46.00M | $59.00M | $62.00M | $65.00M | $67.00M |
| YoY Change | — | +28.3% | +5.1% | +4.8% | +3.1% |
Range$46.00M – $67.00M
CAGR+9.9%
Avg YoY Growth+10.3%
Median YoY Growth+5.0%
Current Streak4+ years growth
Short-term Lease Cost at Other Companies
Frequently Asked Questions
- What is Caterpillar's short-term lease cost?
- Caterpillar (CAT) reported short-term lease cost of $16.75M in Q4 2025.
- How has Caterpillar's short-term lease cost changed year-over-year?
- Caterpillar's short-term lease cost increased by 3.1% year-over-year, from $16.25M to $16.75M.
- What is the long-term trend for Caterpillar's short-term lease cost?
- Over 4 years (2021 to 2025), Caterpillar's short-term lease cost has grown at a 9.9% compound annual growth rate (CAGR), from $46.00M to $67.00M.
- What does short-term lease cost mean?
- The cost of renting assets for short-term periods of one year or less.