Discontinued — last reported Q4 '25
Caterpillar D&A remained flat by 0.0% to $42.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 4.0%, from $44.00M to $42.25M. Over 4 years (FY 2021 to FY 2025), D&A shows a downward trend with a -13.5% CAGR.
Analysis
How to read this metric
Higher levels often indicate significant recent capital investment or large historical acquisitions, while lower levels may suggest aging assets.
Detailed definition
Depreciation and amortization represent the systematic allocation of the cost of tangible and intangible assets over the...
Peer comparison
High in capital-intensive industries like healthcare and manufacturing; peers often report this as a significant non-cash drag on earnings.
depreciation_and_amortizationHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $302.00M | $284.00M | $218.00M | $176.00M | $169.00M |
| YoY Change | — | -6.0% | -23.2% | -19.3% | -4.0% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Financial Products Segment | $185.00M | $184.00M | $186.00M | $178.00M | $178.00M | $178.00M | $185.00M | $186.00M |
| Power & Energy | — | — | — | — | — | — | — | $146.00M |
| Resource Industries | $63.00M | $66.00M | $68.00M | $66.00M | $68.00M | $65.00M | $53.00M | $100.00M |
| All Other Segment | — | — | — | $58.00M | $60.00M | $68.00M | $81.00M | $68.00M |
| Construction Industries | $57.00M | $60.00M | $60.00M | $63.00M | $66.00M | $67.00M | $70.00M | $68.00M |
| Energyand Transportation | $143.00M | $146.00M | $152.00M | $153.00M | $156.00M | $168.00M | — | — |
| Total | $44.00M | $44.00M | $44.00M | $42.25M | $42.25M | $42.25M | $42.25M | — |
Energyand Transportation was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
D&A at Other Companies
Frequently Asked Questions
- What is Caterpillar's d&a?
- Caterpillar (CAT) reported d&a of $42.25M in Q4 2025.
- How has Caterpillar's d&a changed year-over-year?
- Caterpillar's d&a decreased by 4.0% year-over-year, from $44.00M to $42.25M.
- What is the long-term trend for Caterpillar's d&a?
- Over 4 years (2021 to 2025), Caterpillar's d&a has grown at a -13.5% compound annual growth rate (CAGR), from $302.00M to $169.00M.
- What does d&a mean?
- The non-cash expense that spreads the cost of physical and intangible assets over their useful life.