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CAT Stock Chart & Stats
$888.73
-$5.81(-0.65%)
At close: 4:00 PM EDT
$888.73
-$5.81(-0.65%)
Day’s Range― - ―
52-Week Range$405.46 - $1,073.46
Previous CloseN/A
Volume1.98M
Average Volume (3M)3.31M
Market Cap
$393.74B
Enterprise Value$530.95K
Total Cash (Recent Filing)$6.71B
Total Debt (Recent Filing)$45.15B
Price to Earnings (P/E)36.7
Beta1.07
Next Earnings
Nov 04, 2026EPS Estimate
6.93Next Dividend Ex-DateN/A
Dividend Yield0.72%
Share Statistics
EPS (TTM)23.34
Shares Outstanding459,674,900
10 Day Avg. Volume2,625,964
30 Day Avg. Volume3,309,871
Financial Highlights & Ratios
PEG Ratio-2.06
Price to Book (P/B)12.54
Price to Sales (P/S)3.95
P/FCF Ratio26.01
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$1,006.21Price Target Upside13.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)27.13
Revenue Forecast (FY)$79.32B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationCaterpillar’s substantial TTM operating and free cash flow, with ~93% FCF-to-net-income conversion, supplies durable internal funding for capex, R&D, dividends and buybacks. Reliable cash generation strengthens resilience through cycles and supports long-term capital allocation.
Large, Near-term BacklogA $72B backlog, nearly doubled year-over-year with most due in 12 months, provides multi-quarter revenue visibility. This backlog smooths demand cyclicality, enables better production planning and ensures aftermarket parts and services pull-through as deliveries convert to operating units.
Services, Tech And Capacity InvestmentsInvestments in services, digital (Skycatch acquisition) and restarting new engine capacity shift revenue mix toward recurring, higher-margin streams. Enhanced telematics/spatial data and expanded power offerings increase customer retention, aftermarket revenue and long-term lifetime value.
Bears Say
Elevated LeverageHigh leverage (~2.31x debt-to-equity and multidecade-sized total debt) amplifies cyclical sensitivity and interest-rate exposure. With operating cash flow covering a modest share of total debt, leverage constrains financial flexibility for large investments or to absorb demand shocks over the medium term.
Tariff-related Margin PressurePersistent tariff costs (~$2.2B expected) represent an ongoing structural headwind that raises input costs and compresses margins. Tariff unpredictability complicates pricing, supply-chain planning and returns on capacity investments, creating medium-term margin volatility risk.
Capacity Constraints & Dealer DynamicsExtended lead times and dealer inventory swings can delay revenue realization and disrupt delivery cadence. Allocation constraints risk customer dissatisfaction or cancellations, while inventory buildups at dealers may trigger future shipment slowdowns, introducing revenue and margin timing risk.
Caterpillar News
CAT FAQ
What was Caterpillar’s price range in the past 12 months?
Caterpillar lowest stock price was $405.46 and its highest was $1073.46 in the past 12 months.
What is Caterpillar’s market cap?
Caterpillar’s market cap is $393.74B.
When is Caterpillar’s upcoming earnings report date?
Caterpillar’s upcoming earnings report date is Nov 04, 2026 which is in 79 days.
How were Caterpillar’s earnings last quarter?
Caterpillar released its earnings results on Aug 04, 2026. The company reported $8.17 earnings per share for the quarter, beating the consensus estimate of $6.216 by $1.954.
Is Caterpillar overvalued?
According to Wall Street analysts Caterpillar’s price is currently Undervalued.
Does Caterpillar pay dividends?
Caterpillar pays a Quarterly dividend of $1.63 which represents an annual dividend yield of 0.72%. See more information on Caterpillar dividends here
What is Caterpillar’s EPS estimate?
Caterpillar’s EPS estimate is 6.93.
How many shares outstanding does Caterpillar have?
Caterpillar has 459,674,900 shares outstanding.
What happened to Caterpillar’s price movement after its last earnings report?
Caterpillar reported an EPS of $8.17 in its last earnings report, beating expectations of $6.216. Following the earnings report the stock price went up 5.603%.
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$1,006.21 (13.22% Upside)
$1,006.21 (13.22% Upside)
Blogger Sentiment
Bullish
CAT Sentiment 67%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 322.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $17.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 4.5%
Last 30 Days ▲ 4.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
103.14%
12-Months-Change
Fundamentals
Return on Equity
0.72%
Trailing 12-Months
Asset Growth
13.60%
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a strongly positive operational and financial performance: record revenue and free cash flow, materially expanded backlog, raised full-year guidance, robust segment growth, and active capital returns. Challenges were noted — notably tariffs, higher SG&A/R&D and manufacturing costs tied to capacity expansion, regional softness in some markets, dealer inventory seasonality, and extended lead times — but management provided mitigation context (IEEPA recovery, capacity ramp actions, and disciplined investment). On balance, the favorable revenue, margin expansion, cash generation and backlog growth significantly outweigh the outlined headwinds, supporting a constructive outlook.View all CAT earnings summariesCAT Stock 12 Month Forecast
Average Price Target
$1,006.21
▲(13.22% Upside)
Technical Analysis
Ownership Overview
0.20% Insiders
17.43% Mutual Funds
16.11% Other Institutional Investors
42.30% Public Companies and Individual Investors