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CAT

Caterpillar Inc.

CAT

NYSE·Industrials·Agricultural - Machinery·Mkt cap $374.9B

$813.94

+1.72%

P/E

52.58

Mkt Cap

$374.9B

52-Wk Range

$416.44–$1,073

52-Week Range

$416.44 - $1,073.46

P/E

52.58

Fwd P/E

29.87

Beta

1.59

Div Yield

0.76%

Avg Vol

3.0M

Shares Out

460.6M

Mkt Cap

$374.9B

Price action

Price chart

Up 92.5% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Unmatched global distribution network and dealer support system spanning over 180 countries
  • Diversified product portfolio across construction, mining, energy, and transportation reduces cyclical risk
  • Strong brand recognition and 99-year operational heritage with deep customer relationships
  • Vertical integration capabilities and proprietary technology in heavy equipment manufacturing
  • Integrated financial services through Cat Financial enabling customer accessibility and loyalty

Bear Case

2 risks

  • Above-average volatility (beta 1.6).
  • Premium valuation to Industrial Machinery peers

Growth

Stable outlook

Global infrastructure investment and urbanization trends increasing demand for construction equipment

Value

Premium valuation to Industrial Machinery peers

Momentum

Weak

-11.1% over 3m

Quality

Stable

Strong fundamentals

Dividend

Modest

0.76% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 4, 2026

Q3 26 RECAP

AUG 4, 2026

Reported EPS of $8.17 vs $6.22 consensus (+31.4% surprise). Revenue of $20.5B vs $19.3B expected (+6.3%). Beat on both top and bottom lines.

EPS beat +31.4%
Rev beat +6.3%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+31.4%

Revenue trend · last 8Q

-5%

-10%

-1%

+10%

+18%

+22%

+24%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$16.1B

$16.2B

$14.2B

$16.6B

$17.6B

$19.1B

$17.4B

$20.5B

Margins · last 8Q

Gross

0.0%

Operating

20.9%

Profit

0.0%

Wall Street consensus

6 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

50%

Hold

3

50%

Sell

0%

Median Price Target

Latest: RBC Capital · Aug 5, 2026

vs Industry

How CAT stacks vs Agricultural - Machinery

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.