Net Assets for Caterpillar (CAT)
According to Caterpillar's latest reported financial statements, the company's latest reported net assets is $21.32B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

CAT
Currently viewingNet AssetsSwitch metric
Latest period
$21.32B
YoY change
+9.4%
5Y CAGR
+6.8%
Peak year (2025)
$21.32B
Latest annual
$21.32B
Net Assets history chart for Caterpillar (CAT) from 1985 to 2025
Net Assets history table for Caterpillar (CAT) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $21.32B | +9.4% | ||
| 2024 | $19.49B | -0.0% | ||
| 2023 | $19.49B | +22.8% | ||
| 2022 | $15.87B | -3.7% | ||
| 2021 | $16.48B | +7.5% | ||
| 2020 | $15.33B | +5.1% | ||
| 2019 | $14.59B | +3.9% | ||
| 2018 | $14.04B | +2.5% | ||
| 2017 | $13.70B | +4.3% | ||
| 2016 | $13.14B | -11.3% | ||
| 2015 | $14.81B | -11.6% | ||
| 2014 | $16.75B | -19.5% | ||
| 2013 | $20.81B | +18.7% | ||
| 2012 | $17.53B | +36.1% | ||
| 2011 | $12.88B | +19.0% | ||
| 2010 | $10.82B | +23.8% | ||
| 2009 | $8.74B | +43.6% | ||
| 2008 | $6.09B | -31.5% | ||
| 2007 | $8.88B | +29.5% | ||
| 2006 | $6.86B | -18.7% | ||
| 2005 | $8.43B | +12.9% | ||
| 2004 | $7.47B | +22.9% | ||
| 2003 | $6.08B | +11.1% | ||
| 2002 | $5.47B | -2.5% | ||
| 2001 | $5.61B | +0.2% | ||
| 2000 | $5.60B | +2.5% | ||
| 1999 | $5.46B | +6.5% | ||
| 1998 | $5.13B | +9.7% | ||
| 1997 | $4.68B | +13.7% | ||
| 1996 | $4.12B | +21.5% | ||
| 1995 | $3.39B | +16.4% | ||
| 1994 | $2.91B | +32.4% | ||
| 1993 | $2.20B | +39.6% | ||
| 1992 | $1.57B | -61.1% | ||
| 1991 | $4.04B | -10.9% | ||
| 1990 | $4.54B | +1.5% | ||
| 1989 | $4.47B | +8.8% | ||
| 1988 | $4.11B | +15.4% | ||
| 1987 | $3.56B | +13.2% | ||
| 1986 | $3.15B | +2.6% | ||
| 1985 | $3.07B | — |
Net Assets values are taken from Caterpillar's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Caterpillar (CAT) net assets totalled $21.32B – grew 9.4% year-over-year.
Caterpillar net assets compound annual growth for the 2020–2025 (5 years) window is +6.8%, with the latest reading among the more recent periods of the dataset.
The dataset's maximum net assets sits at $21.32B (2025); the minimum reading of $1.57B dates to 1992.
Within Industrials, Caterpillar (CAT) ranks 3rd among 8 peers we track. The peer median for net assets is $18.57B.
Caterpillar Net Assets by Year
Caterpillar Net Assets 2025: $21.32B
Caterpillar net assets in 2025 was $21.32B, grew 9.4% from 2024. This figure represents the highest annual value in the available history.
Caterpillar Net Assets 2024: $19.49B
Caterpillar net assets in 2024 was $19.49B, edged down 0.0% below 2023.
Caterpillar Net Assets 2023: $19.49B
Caterpillar net assets in 2023 was $19.49B, grew 22.8% from 2022.
Caterpillar Net Assets 2022: $15.87B
Caterpillar net assets in 2022 was $15.87B, edged down 3.7% below 2021.
Caterpillar Net Assets 2021: $16.48B
Caterpillar net assets in 2021 was $16.48B.
See more financial history for Caterpillar (CAT).
Sector peers — Net Assets
Companies in the same sector as Caterpillar, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| RTX Corporation (RTX) | $65.25B | Industrials |
| Deere & Company (DE) | $25.95B | Industrials |
| Eaton Corporation plc (ETN) | $19.43B | Industrials |
| GE Aerospace (GE) | $18.68B | Industrials |
| Union Pacific Corporation (UNP) | $18.47B | Industrials |
| Honeywell International Inc. (HON) | $15.44B | Industrials |
| Parker-Hannifin Corporation (PH) | $13.68B | Industrials |
| The Boeing Company (BA) | $5.45B | Industrials |
Frequently asked questions
What is Caterpillar's net assets?
- Latest reported net assets for Caterpillar (CAT) is $21.32B (period ending December 31, 2025).
How has Caterpillar net assets changed year-over-year?
- Caterpillar (CAT) net assets changed +9.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Caterpillar net assets?
- Caterpillar (CAT) net assets compound annual growth rate is +6.8% over the most recent 5 years available.
When did Caterpillar net assets hit its highest annual value?
- Caterpillar net assets reached its highest annual value of $21.32B in 2025.
What was Caterpillar net assets in 2024?
- Caterpillar (CAT) net assets in 2024 was $19.49B.
What was Caterpillar net assets in 2025?
- Caterpillar (CAT) net assets in 2025 was $21.32B.
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