Current Assets
Inventories
Caterpillar Inventories increased by 8.2% to $19.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.9%, from $17.86B to $19.63B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 9.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026
How to read this metric
Lower inventory turnover (rising inventory) often signals potential obsolescence or weak demand.
Detailed definition
This represents the value of raw materials, work-in-progress, and finished goods held for sale in the ordinary course of...
Peer comparison
Highly industry-specific; manufacturing firms typically carry higher inventory levels than service-based firms.
Metric ID:
inventoriesHistorical Data
20 periods
| 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 | $12.67B | $13.67B | $14.04B | $15.04B | $15.88B | $16.86B | $16.27B | $17.63B | $17.75B | $17.58B | $16.57B | $16.95B | $17.08B | $17.31B | $16.83B | $17.86B | $18.6B | $18.96B | $18.14B | $19.63B |
| QoQ Change | — | +7.8% | +2.7% | +7.1% | +5.6% | +6.2% | -3.5% | +8.4% | +0.6% | -0.9% | -5.8% | +2.3% | +0.8% | +1.3% | -2.8% | +6.2% | +4.1% | +2.0% | -4.3% | +8.2% |
| YoY Change | — | — | — | — | +25.3% | +23.4% | +15.9% | +17.3% | +11.7% | +4.3% | +1.8% | -3.9% | -3.7% | -1.5% | +1.6% | +5.4% | +8.9% | +9.5% | +7.8% | +9.9% |
Range$12.67B – $19.63B
CAGR+9.6%
Avg YoY Growth+8.3%
Median YoY Growth+8.3%
Inventories at Other Companies
Frequently Asked Questions
- What is Caterpillar's inventories?
- Caterpillar (CAT) reported inventories of $19.63B in Q1 2026.
- How has Caterpillar's inventories changed year-over-year?
- Caterpillar's inventories increased by 9.9% year-over-year, from $17.86B to $19.63B.
- What is the long-term trend for Caterpillar's inventories?
- Over 5 years (2020 to 2025), Caterpillar's inventories has grown at a 9.7% compound annual growth rate (CAGR), from $11.4B to $18.14B.
- What does inventories mean?
- The value of all goods held for production or sale.