Other
Notional
Caterpillar Notional increased by 8.5% to $29.30B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $27.00B to $29.30B. Over 4 years (FY 2021 to FY 2025), Notional shows an upward trend with a 11.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2025Feb 13, 2026
How to read this metric
An increase suggests higher market exposure or hedging activity, while a decrease may indicate reduced trading volume or risk appetite.
Detailed definition
The total face or contract value of derivative instruments, representing the underlying principal upon which payments ar...
Peer comparison
Standard across large financial institutions; peers often disclose this by product type (interest rate, FX, credit).
Metric ID:
other_derivative_notional_amountHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $18.90B | $24.30B | $25.60B | $27.00B | $29.30B |
| QoQ Change | — | +28.6% | +5.3% | +5.5% | +8.5% |
| YoY Change | — | +28.6% | +5.3% | +5.5% | +8.5% |
Range$18.90B – $29.30B
CAGR+55.0%
Avg YoY Growth+12.0%
Median YoY Growth+7.0%
Current Streak4+ quarters growth
Notional at Other Companies
Frequently Asked Questions
- What is Caterpillar's notional?
- Caterpillar (CAT) reported notional of $29.30B in Q4 2025.
- How has Caterpillar's notional changed year-over-year?
- Caterpillar's notional increased by 8.5% year-over-year, from $27.00B to $29.30B.
- What is the long-term trend for Caterpillar's notional?
- Over 4 years (2021 to 2025), Caterpillar's notional has grown at a 11.6% compound annual growth rate (CAGR), from $18.90B to $29.30B.
- What does notional mean?
- The total underlying principal value of all derivative contracts held by the bank.