Caterpillar Inc (CAT)
Quick ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 9,980,000 | 6,889,000 | 6,978,000 | 7,004,000 | 9,254,000 |
| Short-term investments | US$ in thousands | — | — | 1,900,000 | — | 964,000 |
| Receivables | US$ in thousands | 21,569,000 | 18,847,000 | 18,820,000 | 17,869,000 | 17,375,000 |
| Total current liabilities | US$ in thousands | 36,558,000 | 32,272,000 | 34,728,000 | 31,531,000 | 29,847,000 |
| Quick ratio | 0.86 | 0.80 | 0.80 | 0.79 | 0.92 |
December 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($9,980,000K
+ $—K
+ $21,569,000K)
÷ $36,558,000K
= 0.86
Peer comparison
Dec 31, 2025
Company name
Symbol
Quick ratio
Caterpillar Inc
CAT
0.86
Deere & Company
DE
0.51
Lindsay Corporation
LNN
2.53
Oshkosh Corporation
OSK
0.81
PACCAR Inc
PCAR
1.42