Caterpillar (CAT)
NYSE:CAT
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CAT Stock Chart & Stats
$794.65
-$4.71(-1.30%)
At close: 4:00 PM EST
$794.65
-$4.71(-1.30%)
Day’s Range― - ―
52-Week Range$353.93 - $946.83
Previous CloseN/A
Volume627.15K
Average Volume (3M)2.68M
Market Cap
$416.54B
Enterprise Value$442.45B
Total Cash (Recent Filing)$4.07B
Total Debt (Recent Filing)$43.07B
Price to Earnings (P/E)44.5
Beta1.06
Next Earnings
Aug 04, 2026EPS Estimate
6.16Next Dividend Ex-DateN/A
Dividend Yield0.98%
Share Statistics
EPS (TTM)20.18
Shares Outstanding460,637,020
10 Day Avg. Volume2,847,156
30 Day Avg. Volume2,676,049
Financial Highlights & Ratios
PEG Ratio-2.04
Price to Book (P/B)12.54
Price to Sales (P/S)3.95
P/FCF Ratio26.01
Enterprise Value/Market Cap1.06
Enterprise Value/Revenue6.25
Enterprise Value/Gross Profit19.23
Enterprise Value/Ebitda28.90
Forecast
1Y Price Target
$982.88Price Target Upside23.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
EPS Forecast (FY)24.59
Revenue Forecast (FY)$76.50B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationCaterpillar's persistently strong operating and free cash flow provides durable internal funding for capex, capacity buildouts and shareholder returns. High cash conversion (FCF/net income ~0.88x) supports investments and buybacks through equipment cycles, enhancing financial resilience.
Installed Base & Dealer NetworkA global independent dealer footprint and a vast installed equipment base create steady aftermarket parts and service demand. This recurring revenue is less cyclical than new-equipment sales, supporting margin sustainability, predictable cash flow and long-term customer lock-in across economic cycles.
Record Backlog And Capacity ExpansionA record $63B backlog plus raised long-term targets and sizable power-generation capacity expansion provide multi-year revenue visibility. Strategic capacity additions position Caterpillar to capture secular growth in prime power and data-center demand, supporting sustained top-line and aftermarket growth.
Bears Say
Elevated LeverageLeverage near ~2.0x debt-to-equity reduces financial flexibility and increases refinancing and interest-rate risk, limiting maneuverability for opportunistic investments. The inconsistency in reported TTM debt details also weakens confidence in leverage metrics and warrants monitoring as capex and buybacks continue.
Tariff-driven Margin PressureSustained tariff costs materially depress segment margins and blunt price realization across businesses. A multi-billion annual tariff burden is a structural policy risk that erodes profitability on sales and diminishes near-term returns on capacity investments unless trade conditions or pass-through mechanisms improve.
Resource Industries Margin CompressionResource Industries' significant margin deterioration reflects timing, pricing and delivery issues that compress segment profitability. Coupled with higher depreciation, SG&A and R&D from strategic expansions, this delays margin recovery and lengthens payback periods on targeted investments.
Caterpillar News
CAT FAQ
What was Caterpillar’s price range in the past 12 months?
Caterpillar lowest stock price was $353.93 and its highest was $946.83 in the past 12 months.
What is Caterpillar’s market cap?
Caterpillar’s market cap is $416.54B.
When is Caterpillar’s upcoming earnings report date?
Caterpillar’s upcoming earnings report date is Aug 04, 2026 which is in 56 days.
How were Caterpillar’s earnings last quarter?
Caterpillar released its earnings results on Apr 30, 2026. The company reported $5.54 earnings per share for the quarter, beating the consensus estimate of $4.646 by $0.894.
Is Caterpillar overvalued?
According to Wall Street analysts Caterpillar’s price is currently Undervalued.
Does Caterpillar pay dividends?
Caterpillar pays a Quarterly dividend of $1.51 which represents an annual dividend yield of 0.98%. See more information on Caterpillar dividends here
What is Caterpillar’s EPS estimate?
Caterpillar’s EPS estimate is 6.16.
How many shares outstanding does Caterpillar have?
Caterpillar has 460,637,020 shares outstanding.
What happened to Caterpillar’s price movement after its last earnings report?
Caterpillar reported an EPS of $5.54 in its last earnings report, beating expectations of $4.646. Following the earnings report the stock price went up 9.883%.
Which hedge fund is a major shareholder of Caterpillar?
Currently, no hedge funds are holding shares in CAT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Caterpillar Stock Smart Score
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$982.88 (23.69% Upside)
$982.88 (23.69% Upside)
Blogger Sentiment
Bullish
CAT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 322.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $87.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 4.0%
Last 30 Days ▲ 4.0%
News Sentiment
Bullish
Bullish news 79%
Bearish news 11%
Bearish news 11%
Technicals
SMA
Positive
20 days / 200 days
Momentum
161.94%
12-Months-Change
Fundamentals
Return on Equity
47.51%
Trailing 12-Months
Asset Growth
12.45%
Trailing 12-Months
Company Description
Caterpillar
Caterpillar Inc., a global enterprise founded in 1925 and headquartered in Deerfield, Illinois (having previously operated as Caterpillar Tractor Co. until its rebranding in 1986), is a premier manufacturer and vendor of heavy construction and mining equipment, diesel and natural gas power units, and industrial gas turbines across the world. The company's extensive offerings are organized into several operational divisions: Construction Industries: This segment delivers a broad spectrum of machinery for construction projects, including asphalt pavers, versatile backhoe and skid steer loaders, various sizes of excavators (from compact to heavy-duty), compactors, road-building equipment like cold planers and motorgraders, pipelayers, site preparation tractors, telehandlers, and utility vehicles, alongside a range of wheel loaders and track-type equipment. Resource Industries: Dedicated to the mining sector, this division supplies powerful equipment such as electric rope and hydraulic shovels, draglines, rotary drills, specialized hard rock vehicles, and a diverse fleet of mining, off-highway, and articulated trucks. It also offers longwall miners, wheel dozers, fleet management systems, autonomous vehicle solutions, crucial machinery components, selected work tools, and comprehensive safety and performance solutions for mining operations. Energy & Transportation: This segment focuses on power generation and propulsion systems. It provides reciprocating engines, generator sets, integrated power solutions, industrial turbines and associated services, remanufactured engines and parts, centrifugal gas compressors, and diesel-electric locomotives with related components and services. These products serve critical sectors including marine, oil and gas, industrial applications, and electric power generation. Financial Products: This segment supports customers with a variety of financial services, such as operating and finance leases, installment sale agreements, working capital loans, and wholesale financing schemes. It also offers insurance and risk management products tailored for vehicles, power generation facilities, and marine vessels. All Other: This encompassing segment is responsible for manufacturing essential consumables and components like filters, fluids, undercarriage parts, and ground engaging tools.
CAT Company Deck
CAT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: double-digit revenue growth (22% YoY), record backlog (+79% YoY), record orders, improved full-year outlook (low double-digit revenue growth), raised long-term targets and a major capacity expansion to capture data center and prime power demand. These positives were balanced against meaningful near-term headwinds from tariffs (Q1 ~$600M; full-year $2.2–$2.4B), margin pressure in Resource Industries (profit down 39%, margin down ~700 bps) and elevated near-term costs tied to capacity expansion, depreciation and strategic investments. Overall the business trajectory and balance sheet strength, together with record backlog and cash returns to shareholders, outweigh the tariff and timing challenges, and management increased long-term growth ambition while preserving financial discipline.View all CAT earnings summariesCAT Stock 12 Month Forecast
Average Price Target
$982.88
▲(23.69% Upside)
Technical Analysis
Ownership Overview
0.20% Insiders
17.37% Mutual Funds
18.05% Other Institutional Investors
41.16% Public Companies and Individual Investors