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Caterpillar CAT Provision for Credit Losses

Provision for Credit Losses at other companies

Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$1.14B+21.8%
Terex logo
TerexTEX
$1M0.0%

Other financials

Income statement

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Revenue$17.4B+22.2%
Gross profit$6.1B+15.6%
Operating income$3.1B+19.6%
Net income$2.5B+27.2%
EPS (diluted)$5.47+30.2%

Balance sheet

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Cash & equivalents$4.1B+14.3%
Total debt$36.9B+14.2%
Total equity$21.3B+9.4%
Total assets$95.6B+12.4%

Cash flow

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Operating cash flow$1.9B+45.1%
CapEx$728.0M+2.5%
Free cash flow$1.1B+97.2%

Valuation

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Market cap$459.43B+162%
P/E48.7×+30.1×
P/S6.5×+3.7×

Profitability

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Gross margin96.6%-4.4pp
Operating margin16.5%-2.7pp
Net margin13.3%-2.4pp
FCF margin13.4%-0.9pp

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:FinancingReceivableAllowanceForCreditLossesWriteOffs.

The official record: Caterpillar’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Caterpillar's provision for credit losses?
Caterpillar (CAT) reported provision for credit losses of $37M in Q4 2025.
How has Caterpillar's provision for credit losses changed year-over-year?
Caterpillar's provision for credit losses decreased by 14.0% year-over-year, from $43M to $37M.
What is the long-term trend for Caterpillar's provision for credit losses?
Over 2 years (2023 to 2025), Caterpillar's provision for credit losses has grown at a 13.4% compound annual growth rate (CAGR), from $115M to $148M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.