Discontinued — last reported Q4 '25
Long-Term Debt
Caterpillar Long-Term Debt increased by 12.2% to $30.70B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $27.35B to $30.70B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt shows an upward trend with a 3.4% CAGR.
Analysis
How to read this metric
An increase indicates higher leverage and interest expense, while a decrease suggests debt repayment or deleveraging.
Detailed definition
This represents the total value of debt obligations, such as bonds or loans, that are due for repayment beyond the curre...
Peer comparison
Varies significantly by industry; capital-intensive sectors like healthcare often carry higher long-term debt.
long_term_debtHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $26.03B | $25.71B | $24.47B | $27.35B | $30.70B |
| QoQ Change | — | -1.2% | -4.8% | +11.8% | +12.2% |
| YoY Change | — | -1.2% | -4.8% | +11.8% | +12.2% |
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Financial Products | $8.13B | $8.35B | $6.62B | $9.29B | $8.29B | $9.26B | $7.09B | $7.66B |
| Sales of Machinery, Power & Energy | — | — | — | — | — | — | $35.00M | $35.00M |
| Financial Products Segment | — | — | $219.00M | — | — | — | — | — |
| Machinery, Energy & Transportation | $45.00M | $46.00M | $46.00M | $29.00M | $30.00M | $32.00M | — | — |
| Total | — | — | $27.35B | — | — | — | $30.70B | — |
Machinery, Energy & Transportation was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Long-Term Debt at Other Companies
Frequently Asked Questions
- What is Caterpillar's long-term debt?
- Caterpillar (CAT) reported long-term debt of $30.70B in Q4 2025.
- How has Caterpillar's long-term debt changed year-over-year?
- Caterpillar's long-term debt increased by 12.2% year-over-year, from $27.35B to $30.70B.
- What is the long-term trend for Caterpillar's long-term debt?
- Over 5 years (2020 to 2025), Caterpillar's long-term debt has grown at a 3.4% compound annual growth rate (CAGR), from $26.00B to $30.70B.
- What does long-term debt mean?
- The total amount of debt that is not due for repayment within the next year.