Caterpillar Inc (CAT)
Inventory turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 45,730,000 | 42,731,000 | 41,460,000 | 40,816,000 | 41,485,000 | 42,130,000 | 42,591,000 | 43,437,000 | 43,797,000 | 44,295,000 | 43,785,000 | 42,570,000 | 41,915,000 | 40,219,000 | 38,594,000 | 37,496,000 | 35,968,000 | 33,774,000 | 32,102,000 | 30,367,000 |
| Inventory | US$ in thousands | 18,135,000 | 18,958,000 | 18,595,000 | 17,862,000 | 16,827,000 | 17,312,000 | 17,082,000 | 16,953,000 | 16,565,000 | 17,580,000 | 17,746,000 | 17,633,000 | 16,270,000 | 16,860,000 | 15,881,000 | 15,038,000 | 14,038,000 | 13,666,000 | 12,672,000 | 12,149,000 |
| Inventory turnover | 2.52 | 2.25 | 2.23 | 2.29 | 2.47 | 2.43 | 2.49 | 2.56 | 2.64 | 2.52 | 2.47 | 2.41 | 2.58 | 2.39 | 2.43 | 2.49 | 2.56 | 2.47 | 2.53 | 2.50 |
December 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $45,730,000K ÷ $18,135,000K
= 2.52
Peer comparison
Dec 31, 2025
Dec 31, 2025
Company name
Symbol
Inventory turnover
Caterpillar Inc
CAT
2.52
Deere & Company
DE
3.80
Lindsay Corporation
LNN
3.40
Oshkosh Corporation
OSK
3.62
PACCAR Inc
PCAR
10.89