Latest period
$2.57B
YoY change
-54.4%
5Y CAGR
-7.1%
Peak year (2012)
$5.08B
Cumulative CapEx
$82.27B
CapEx history chart for Caterpillar (CAT) from 1989 to 2025
Latest: $1.47B
CapEx growth chart for Caterpillar (CAT) from 1989 to 2025
Latest: -54.4%
CapEx history table for Caterpillar (CAT) from 1989 to 2025
| 2025 | $1.47B | -54.4% | −$1.75B | ||
| 2024 | $3.21B | +4.0% | +$123.00M | ||
| 2023 | $3.09B | +19.0% | +$493.00M | ||
| 2022 | $2.60B | +5.1% | +$127.00M | ||
| 2021 | $2.47B | +16.9% | +$357.00M | ||
| 2020 | $2.12B | -20.8% | −$554.00M | ||
| 2019 | $2.67B | -8.5% | −$247.00M | ||
| 2018 | $2.92B | +24.8% | +$580.00M | ||
| 2017 | $2.34B | -20.2% | −$592.00M | ||
| 2016 | $2.93B | -10.2% | −$333.00M | ||
| 2015 | $3.26B | -3.5% | −$118.00M | ||
| 2014 | $3.38B | -24.0% | −$1.07B | ||
| 2013 | $4.45B | -12.4% | −$630.00M | ||
| 2012 | $5.08B | +29.4% | +$1.15B | ||
| 2011 | $3.92B | +51.7% | +$1.34B | ||
| 2010 | $2.59B | +4.6% | +$114.00M | ||
| 2009 | $2.47B | -36.4% | −$1.41B | ||
| 2008 | $3.89B | +27.8% | +$846.00M | ||
| 2007 | $3.04B | +13.6% | +$365.00M | ||
| 2006 | $2.67B | +10.8% | +$260.00M | ||
| 2005 | $2.42B | +14.2% | +$301.00M | ||
| 2004 | $2.11B | +19.8% | +$349.00M | ||
| 2003 | $1.76B | -0.5% | −$8.00M | ||
| 2002 | $1.77B | -9.9% | −$195.00M | ||
| 2001 | $1.97B | +41.8% | +$580.00M | ||
| 2000 | $1.39B | +8.4% | +$108.00M | ||
| 1999 | $1.28B | +0.9% | +$11.00M | ||
| 1998 | $1.27B | +14.7% | +$163.00M | ||
| 1997 | $1.11B | +43.5% | +$335.00M | ||
| 1996 | $771.00M | +13.5% | +$92.00M | ||
| 1995 | $679.00M | -2.2% | −$15.00M | ||
| 1994 | $694.00M | +9.8% | +$62.00M | ||
| 1993 | $632.00M | -1.3% | −$8.00M | ||
| 1992 | $640.00M | -17.3% | −$134.00M | ||
| 1991 | $774.00M | -25.5% | −$265.00M | ||
| 1990 | $1.04B | -4.6% | −$50.00M | ||
| 1989 | $1.09B | — | — |
- 2025$1.47B-54.4%
- 2024$3.21B+4.0%
- 2023$3.09B+19.0%
- 2022$2.60B+5.1%
- 2021$2.47B+16.9%
- 2020$2.12B-20.8%
- 2019$2.67B-8.5%
- 2018$2.92B+24.8%
- 2017$2.34B-20.2%
- 2016$2.93B-10.2%
- 2015$3.26B-3.5%
- 2014$3.38B-24.0%
- 2013$4.45B-12.4%
- 2012$5.08B+29.4%
- 2011$3.92B+51.7%
- 2010$2.59B+4.6%
- 2009$2.47B-36.4%
- 2008$3.89B+27.8%
- 2007$3.04B+13.6%
- 2006$2.67B+10.8%
- 2005$2.42B+14.2%
- 2004$2.11B+19.8%
- 2003$1.76B-0.5%
- 2002$1.77B-9.9%
- 2001$1.97B+41.8%
- 2000$1.39B+8.4%
- 1999$1.28B+0.9%
- 1998$1.27B+14.7%
- 1997$1.11B+43.5%
- 1996$771.00M+13.5%
- 1995$679.00M-2.2%
- 1994$694.00M+9.8%
- 1993$632.00M-1.3%
- 1992$640.00M-17.3%
- 1991$774.00M-25.5%
- 1990$1.04B-4.6%
- 1989$1.09B—
CapEx values are taken from Caterpillar's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Caterpillar (CAT)
According to Caterpillar's latest reported financial statements, the company's current CapEx (TTM) is $2.57B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Caterpillar (CAT) CapEx is $1.47B – plunged 54.4% year-over-year.
Across 2020–2025 (5 years), Caterpillar CapEx produced a CAGR of -7.1% – with a net decline across the window.
Caterpillar CapEx peaked at $5.08B in 2012; the latest annual figure is $1.47B in 2025 (71.1% below peak).
$5.08B stands as the all-time-high annual CapEx, posted in 2012, against a low of $632.00M during 1993.
Caterpillar Capital Expenditures by Year
Caterpillar Capital Expenditures 2025: $1.47B
In 2025, Caterpillar reported CapEx of $1.47B, plunged 54.4% below 2024.
Caterpillar Capital Expenditures 2024: $3.21B
Caterpillar CapEx in 2024 was $3.21B, edged up 4.0% from 2023.
Caterpillar Capital Expenditures 2023: $3.09B
2023's CapEx for Caterpillar came in at $3.09B, grew 19.0% from 2022.
Caterpillar Capital Expenditures 2022: $2.60B
Caterpillar posted CapEx of $2.60B in 2022, grew 5.1% from 2021.
Caterpillar Capital Expenditures 2021: $2.47B
Caterpillar CapEx in 2021 was $2.47B.
See more financial history for Caterpillar (CAT).
Sector peers by CapEx
Industrials peers of Caterpillar (CAT), ranked by their latest CapEx
| $20.74B | |
| $4.23B | |
| $3.79B | |
| $2.94B | |
| $2.63B | |
| $1.27B | |
| $986.00M | |
| $0.00 |
- $20.74B
- $4.23B
- $3.79B
- $2.94B
- $2.63B
- $1.27B
- $986.00M
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