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Non-Current Assets

PP&E (Net)

Caterpillar PP&E (Net) increased by 0.7% to $15.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.5%, from $13.43B to $15.25B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 4.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 6, 2026

How to read this metric

Growth indicates capital investment in future capacity, while decline may suggest aging assets or divestitures.

Detailed definition

This represents the net book value of tangible long-lived assets used in the production of goods or services, after acco...

Peer comparison

Highly comparable among capital-intensive manufacturing and industrial peers.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$12.01B$11.9B$12.09B$11.93B$11.74B$11.64B$12.03B$11.97B$12.12B$12.29B$12.68B$12.54B$12.58B$12.84B$13.36B$13.43B$13.9B$14.31B$15.14B$15.25B
QoQ Change-0.9%+1.6%-1.3%-1.6%-0.9%+3.3%-0.5%+1.3%+1.3%+3.2%-1.1%+0.4%+2.0%+4.1%+0.5%+3.5%+3.0%+5.8%+0.7%
YoY Change-2.2%-2.2%-0.5%+0.3%+3.2%+5.5%+5.4%+4.7%+3.8%+4.5%+5.4%+7.1%+10.4%+11.5%+13.3%+13.5%
Range$11.64B$15.25B
CAGR+5.1%
Avg YoY Growth+5.2%
Median YoY Growth+5.0%
Current Streak8 quarters growth

Geographic Breakdown

View all
SegmentQ4 '24
Non Us$5.15B
Total$13.36B

Frequently Asked Questions

What is Caterpillar's pp&e (net)?
Caterpillar (CAT) reported pp&e (net) of $15.25B in Q1 2026.
How has Caterpillar's pp&e (net) changed year-over-year?
Caterpillar's pp&e (net) increased by 13.5% year-over-year, from $13.43B to $15.25B.
What is the long-term trend for Caterpillar's pp&e (net)?
Over 5 years (2020 to 2025), Caterpillar's pp&e (net) has grown at a 4.1% compound annual growth rate (CAGR), from $12.4B to $15.14B.
What does pp&e (net) mean?
The value of physical assets like factories and machinery, minus accumulated depreciation.