Current Assets

Finished goods

Caterpillar Finished goods increased by 4.8% to $8.73B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $8.33B to $8.73B. Over 5 years (FY 2020 to FY 2025), Finished goods shows an upward trend with a 7.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2025Feb 13, 2026

How to read this metric

A decrease relative to sales may indicate strong demand, while an increase may signal slowing sales or inventory accumulation.

Detailed definition

This represents the value of completed products ready for sale to customers, net of any reserves for obsolescence or slo...

Peer comparison

Standard inventory metric for all manufacturing and industrial companies.

Metric ID: current_assets_inventory_finished_goods_net_of_reserves

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$6.91B$8.14B$8.31B$8.33B$8.73B
QoQ Change+17.8%+2.1%+0.3%+4.8%
YoY Change+17.8%+2.1%+0.3%+4.8%
Range$6.91B$8.73B
CAGR+26.3%
Avg YoY Growth+6.2%
Median YoY Growth+3.4%
Current Streak4+ quarters growth

Frequently Asked Questions

What is Caterpillar's finished goods?
Caterpillar (CAT) reported finished goods of $8.73B in Q4 2025.
How has Caterpillar's finished goods changed year-over-year?
Caterpillar's finished goods increased by 4.8% year-over-year, from $8.33B to $8.73B.
What is the long-term trend for Caterpillar's finished goods?
Over 5 years (2020 to 2025), Caterpillar's finished goods has grown at a 7.6% compound annual growth rate (CAGR), from $6.05B to $8.73B.
What does finished goods mean?
The value of completed products ready for sale, after accounting for potential losses.