Caterpillar (LIM:CAT) Inventories, Work In Process: $2,000 Mil (As of Mar. 2026)


LIM:CAT Caterpillar Inc LIM:CAT
68 GF Score
Price $996.00
GF Value $395.02
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Caterpillar Inventories, Work In Process?

Caterpillar LIM:CAT 68 Inventories, Work In Process is $2,000 Mil as of Mar. 2026. GuruFocus rates LIM:CAT with a GF Score™ of 68/100 and a GF Value™ of $395.02 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Caterpillar's work in process for the quarter that ended in Mar. 2026 was $2,000 Mil.

Caterpillar Inventories, Work In Process Historical Data

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The historical data trend for Caterpillar's Inventories, Work In Process 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 Inventories, Work In Process Chart

Caterpillar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,318.00 1,452.00 1,411.00 1,438.00 1,598.00

Caterpillar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Work In Process 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 1,435.00 1,487.00 1,755.00 1,598.00 2,000.00
LIM:CAT
68GF Score
Caterpillar Inc LIM:CAT
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Caterpillar Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of $2,000 Mil mean?
Caterpillar (LIM:CAT) has a Inventories, Work In Process of $2,000 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Caterpillar and its competitors.
Is Caterpillar's Inventories, Work In Process too high?
Caterpillar's current Inventories, Work In Process is $2,000 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 Inventories, Work In Process compare to DE and PCAR?
Caterpillar's Inventories, Work In Process of $2,000 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 Inventories, Work In Process for a Farm & Heavy Construction Machinery company?
A good Inventories, Work In Process depends on the Farm & Heavy Construction Machinery industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Caterpillar and its competitors. Caterpillar's current Inventories, Work In Process is $2,000 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 $395.02, compared to a current price of $996.00 — trading 152.1% above its estimated fair value. The current Inventories, Work In Process is $2,000 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 Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Caterpillar (LIM:CAT), the current Inventories, Work In Process is $2,000 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 152.1% above its estimated GF Value™ of $395.02. GuruFocus considers Caterpillar to be Significantly Overvalued.

Key valuation signals for LIM:CAT:

  • Inventories, Work In Process: $2,000 Mil
  • GF Value™: $395.02 vs. price of $996.00 (152.1% 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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Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$996.00
Price
$395.02
GF Value