Caterpillar (LIM:CAT) Total Operating Expense: $10,627 Mil (TTM As of Mar. 2026)


LIM:CAT Caterpillar Inc LIM:CAT
68 GF Score
Price $996.00
GF Value $420.47
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Caterpillar Total Operating Expense?

Caterpillar LIM:CAT 68 Total Operating Expense is $10,627 Mil as of Mar. 2026. GuruFocus rates LIM:CAT with a GF Score™ of 68/100 and a GF Value™ of $420.47 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Caterpillar's Total Operating Expense for the three months ended in Mar. 2026 was $2,679 Mil. Caterpillar's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $10,627 Mil.

Caterpillar Total Operating Expense Related Terms

Caterpillar Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Caterpillar's Total Operating Expense 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 Total Operating Expense Chart

Caterpillar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,125.00 8,683.00 10,297.00 10,252.00 10,327.00

Caterpillar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,379.00 2,566.00 2,567.00 2,815.00 2,679.00
LIM:CAT
68GF Score
Caterpillar Inc LIM:CAT
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Caterpillar Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10,627 Mil.

* 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.

What does a Total Operating Expense of $10,627 Mil mean?
Caterpillar (LIM:CAT) has a Total Operating Expense of $10,627 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Caterpillar and its competitors.
Is Caterpillar's Total Operating Expense too high?
Caterpillar's current Total Operating Expense is $10,627 Mil. Overall, Caterpillar has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Caterpillar's Total Operating Expense compare to DE and PCAR?
Caterpillar's Total Operating Expense of $10,627 Mil 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 Total Operating Expense for a Farm & Heavy Construction Machinery company?
A good Total Operating Expense depends on the Farm & Heavy Construction Machinery industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Caterpillar and its competitors. Caterpillar's current Total Operating Expense is $10,627 Mil. 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?
Based on GuruFocus' analysis, Caterpillar (LIM:CAT) is currently considered Significantly Overvalued. The stock's GF Value™ is $420.47, compared to a current price of $996.00 — trading 136.9% above its estimated fair value. The current Total Operating Expense is $10,627 Mil. Caterpillar's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Caterpillar (LIM:CAT), the current Total Operating Expense is $10,627 Mil 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 (LIM:CAT) Overvalued in 2026?

Based on GuruFocus' analysis, Caterpillar stock appears to be overvalued. The current stock price of $996.00 is trading 136.9% above its estimated GF Value™ of $420.47. GuruFocus considers Caterpillar to be Significantly Overvalued.

Key valuation signals for LIM:CAT:

  • Total Operating Expense: $10,627 Mil
  • GF Value™: $420.47 vs. price of $996.00 (136.9% above fair value)
  • GF Score™: 68/100 with 6 warning signs

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

Caterpillar Business Description

Address 5205 N. O\'Connor Boulevard, Suite 100, Irving, TX, USA, 75039
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.
68GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$996.00
Price
$420.47
GF Value