Other Income & Expense
Interest Expense
Caterpillar Interest Expense remained flat by 0.0% to $45.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 42.9%, from $31.50M to $45.00M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows a downward trend with a -33.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Detailed definition
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Peer comparison
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
Metric ID:
interest_expenseHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $920.00M | $959.00M | $1.71B | $126.00M | $180.00M |
| YoY Change | — | +4.2% | +78.4% | -92.6% | +42.9% |
Range$126.00M – $1.71B
CAGR-33.5%
Avg YoY Growth+8.2%
Median YoY Growth+23.5%
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| All other excluding Financial Products | $137.00M | $125.00M | $107.00M | $116.00M | $126.00M | $133.00M | $127.00M | $134.00M |
| Total | $31.50M | $31.50M | $31.50M | $45.00M | $45.00M | $45.00M | $45.00M | — |
Interest Expense at Other Companies
Frequently Asked Questions
- What is Caterpillar's interest expense?
- Caterpillar (CAT) reported interest expense of $45.00M in Q4 2025.
- How has Caterpillar's interest expense changed year-over-year?
- Caterpillar's interest expense increased by 42.9% year-over-year, from $31.50M to $45.00M.
- What is the long-term trend for Caterpillar's interest expense?
- Over 4 years (2021 to 2025), Caterpillar's interest expense has grown at a -33.5% compound annual growth rate (CAGR), from $920.00M to $180.00M.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.