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 of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Caterpillar CAT Goodwill

Goodwill at other companies

CumminsCMI

$2.22B-7.4%

Wells Fargo & CompanyWFC

$24.96B-0.4%

TerexTEX

$2.54B+134%

Twin DiscTWIN

$2.83M+34.5%

Deere & CompanyDE

$4.51B+10.2%

Foster (Lb) Co.FSTR

$32.73M+1.2%

Segments

By segment

See full

Resource Industries$3.54B+19.7%

Power & Energy$2.05B—

Construction Industries$241M-1.6%

All Other Segment$38M-7.3%

Other financials

Income statement

See full

Revenue$17.4B+22.2%

Gross profit$6.1B+15.6%

Operating income$3.1B+19.6%

Net income$2.5B+27.2%

EPS (diluted)$5.47+30.2%

Balance sheet

See full

Cash & equivalents$4.1B+14.3%

Total debt$36.9B+14.2%

Total equity$21.3B+9.4%

Total assets$95.6B+12.4%

Cash flow

See full

Operating cash flow$1.9B+45.1%

CapEx$728.0M+2.5%

Free cash flow$1.1B+97.2%

Valuation

See full

Market cap$409.34B+101%

P/E43.4×+21.8×

P/S5.8×+2.6×

Profitability

See full

Gross margin96.6%-4.4pp

Operating margin16.5%-2.7pp

Net margin13.3%-2.4pp

FCF margin13.4%-0.9pp

Returns & leverage

See full

Return on equity43.5%-11.8pp

Debt / equity1.7×+0.1×

Current ratio1.4×0.0×

Where this comes from

Reported directly by Caterpillar in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Caterpillar’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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 of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.