Goodwill
Caterpillar Goodwill increased by 10.2% to $5.87B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $5.27B to $5.87B. Over 5 years (FY 2020 to FY 2025), Goodwill shows a downward trend with a -3.6% CAGR.
Analysis
How to read this metric
A significant increase indicates recent M&A activity, while a sudden decrease typically signals an impairment charge due to underperforming acquisitions.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Standard metric for companies that grow through acquisition; comparable across all industries.
goodwillHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.37B | $6.35B | $6.32B | $6.29B | $6.20B | $6.09B | $5.29B | $5.31B | $5.29B | $5.27B | $5.31B | $5.28B | $5.26B | $5.32B | $5.24B | $5.27B | $5.33B | $5.33B | $5.32B | $5.87B |
| QoQ Change | — | -0.3% | -0.5% | -0.5% | -1.6% | -1.7% | -13.2% | +0.4% | -0.3% | -0.5% | +0.8% | -0.6% | -0.2% | +1.0% | -1.4% | +0.6% | +1.2% | -0.0% | -0.2% | +10.2% |
| YoY Change | — | — | — | — | -2.8% | -4.1% | -16.4% | -15.6% | -14.6% | -13.5% | +0.4% | -0.6% | -0.5% | +0.9% | -1.3% | -0.1% | +1.3% | +0.2% | +1.5% | +11.3% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Resource Industries | $2.96B | $2.98B | $2.95B | $2.96B | $2.98B | $2.98B | $2.99B | $3.54B |
| Power & Energy | — | — | — | — | — | — | $2.05B | $2.05B |
| Construction Industries | $239.00M | $254.00M | $239.00M | $245.00M | $253.00M | $250.00M | $242.00M | $241.00M |
| All Other Segment | $38.00M | $42.00M | $39.00M | $41.00M | $42.00M | $41.00M | $39.00M | $38.00M |
| Energyand Transportation | $2.02B | $2.04B | — | $2.03B | $2.05B | $2.05B | — | — |
| Total | $5.26B | $5.32B | $5.24B | $5.27B | $5.33B | $5.33B | $5.32B | $5.87B |
Energyand Transportation, Other Segments were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is Caterpillar's goodwill?
- Caterpillar (CAT) reported goodwill of $5.87B in Q1 2026.
- How has Caterpillar's goodwill changed year-over-year?
- Caterpillar's goodwill increased by 11.3% year-over-year, from $5.27B to $5.87B.
- What is the long-term trend for Caterpillar's goodwill?
- Over 5 years (2020 to 2025), Caterpillar's goodwill has grown at a -3.6% compound annual growth rate (CAGR), from $6.39B to $5.32B.
- What does goodwill mean?
- The excess price paid for an acquisition over the fair value of its net assets.