Caterpillar (XSWX:CAT) LT-Debt-to-Total-Asset: 0.32 (As of Mar. 2026)

What is Caterpillar LT-Debt-to-Total-Asset?

Caterpillar XSWX:CAT -1.09% 83 LT-Debt-to-Total-Asset is 0.32 as of Mar. 2026. GuruFocus rates XSWX:CAT with a GF Score™ of 83/100 and a GF Value™ of CHF346.35. The stock has 6 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Caterpillar's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.32.

Caterpillar's long-term debt to total assets ratio increased from Mar. 2025 (0.30) to Mar. 2026 (0.32). It may suggest that Caterpillar is progressively becoming more dependent on debt to grow their business.

Caterpillar (XSWX:CAT) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Caterpillar LT-Debt-to-Total-Asset Related Terms

Caterpillar LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Caterpillar's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Caterpillar LT-Debt-to-Total-Asset Chart

Caterpillar Annual Data

Trend

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Dec20

Dec21

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Dec25

LT-Debt-to-Total-Asset

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0.31

0.28

0.31

Caterpillar Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.31	0.30	0.31	0.32

83GF Score

Caterpillar Inc XSWX:CAT

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Caterpillar LT-Debt-to-Total-Asset Calculation

Caterpillar's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	24461.642	/	78562.387
	=	0.31

Caterpillar's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	24124.447	/	75226.515
	=	0.32

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.32 mean?

Caterpillar (XSWX:CAT) has a LT-Debt-to-Total-Asset of 0.32 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Caterpillar and its competitors.

Is Caterpillar's LT-Debt-to-Total-Asset too high?

Caterpillar's current LT-Debt-to-Total-Asset is 0.32. Overall, Caterpillar has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.

How does Caterpillar's LT-Debt-to-Total-Asset compare to DE and PCAR?

Caterpillar's LT-Debt-to-Total-Asset of 0.32 can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Farm & Heavy Construction Machinery company?

A good LT-Debt-to-Total-Asset depends on the Farm & Heavy Construction Machinery industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Caterpillar and its competitors. Caterpillar's current LT-Debt-to-Total-Asset is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Caterpillar stock overvalued right now?

Caterpillar (XSWX:CAT) has a current LT-Debt-to-Total-Asset of 0.32. The stock's GF Value™ is CHF346.35, compared to a current price of CHF826.80 — trading 138.7% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.32. Caterpillar's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Caterpillar (XSWX:CAT), the current LT-Debt-to-Total-Asset is 0.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Caterpillar (XSWX:CAT) Overvalued in 2026?

Based on GuruFocus' analysis, Caterpillar stock appears to be overvalued. The current stock price of CHF826.80 is trading 138.7% above its estimated GF Value™ of CHF346.35.

Key valuation signals for XSWX:CAT:

LT-Debt-to-Total-Asset: 0.32
GF Value™: CHF346.35 vs. price of CHF826.80 (138.7% above fair value)
GF Score™: 83/100 with 6 warning signs

No single metric tells the full story. See the XSWX:CAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Caterpillar Business Description

Industry Industrials Farm & Heavy Construction Machinery

Comparable Companies DE PCAR CNH AGCO OSK TEX FSS BLBD ALG ASTE OSTO:VOLV B TSE:6201 XTER:DTG TSE:6301 OSTO:EPI A SHSE:600031 TSE:6326 SZSE:000425 XAMS:EXO OHEL:METSO

Other Exchanges CAT:USA CAT:Peru CAT:Mexico CAT_KZ:Kazakhstan 1CAT:Italy CAT1d:UK 0Q18:UK CAT1:Germany CAT:Chile CATR:Canada CATP34:Brazil CAT:Austria CAT:Argentina

Address 5205 N. O\'Connor Boulevard, Suite 100, Irving, TX, USA, 75039

Website https://www.caterpillar.com

Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its reporting segments are construction, resource, energy, and transportation. Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has a global reach that is approximately evenly balanced between the US and the rest of the world. Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of over 150 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.

83GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF826.80

Price

CHF346.35

GF Value

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