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Caterpillar CAT Raw materials

Raw materials at other companies

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$27.36M-6.6%
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$203M+8.0%
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$97.68M-4.7%
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TGE
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$10.18M+15.3%

Other financials

Income statement

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Revenue$20.5B+24.0%
Gross profit$7.8B+34.7%
Operating income$4.3B+50.2%
Net income$3.6B+64.9%
EPS (diluted)$7.77+68.2%

Balance sheet

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Cash & equivalents$6.7B+23.4%
Total debt$36.9B+14.2%
Total equity$21.3B+9.4%
Total assets$102.61B+13.6%

Cash flow

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Operating cash flow$4.4B+40.0%
CapEx$587.0M+5.8%
Free cash flow$3.8B+47.4%

Valuation

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Market cap$387.13B+98.4%
P/E35.7×+15.0×
P/S5.2×+2.1×

Profitability

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Gross margin94.2%-5.9pp
Operating margin17.5%-0.7pp
Net margin14.5%-0.4pp
FCF margin14.3%+0.1pp

Returns & leverage

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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:InventoryRawMaterialsNetOfReserves.

The source filing: Caterpillar’s 10-K, filed February 13, 2026.

Filed
Feb 13, 2026, 10:18 AM EST
Fiscal year
FY2025
Accession
0000018230-26-000008
(Millions of dollars)December 31, 2025December 31, 2024
Raw materials$7,434$6,681
Work-in-process1,5981,438
Finished goods8,7258,329
Supplies378379
Total inventories$18,135$16,827

Item 8.Financial Statements and Supplementary Data.

FAQ

What is Caterpillar's raw materials?
Caterpillar (CAT) reported raw materials of $7.43B in Q4 2025.
How has Caterpillar's raw materials changed year-over-year?
Caterpillar's raw materials increased by 11.3% year-over-year, from $6.68B to $7.43B.
What is the long-term trend for Caterpillar's raw materials?
Over 5 years (2020 to 2025), Caterpillar's raw materials has grown at a 13.1% compound annual growth rate (CAGR), from $4.02B to $7.43B.
What does raw materials mean?
Unprocessed materials and components purchased for use in manufacturing, valued at cost.

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