Caterpillar Inc. (CAT)

US — Industrials Sector
Peers: RTX  DE  GE  ETN  PCAR  PH  HY  AGCO  ASTE  REVG 

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Key Metrics & Ratings

  • symbol CAT
  • Rev/Share 138.009
  • Book/Share 44.0866
  • PB 14.6804
  • Debt/Equity 2.0106
  • CurrentRatio 1.3842
  • ROIC 0.1261

 

  • MktCap 303190191976.0
  • FreeCF/Share 20.2369
  • PFCF 31.972
  • PE 32.7398
  • Debt/Assets 0.4432
  • DivYield 0.009
  • ROE 0.482

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 3
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation CAT Wells Fargo -- Overweight -- -- Nov. 14, 2025
Upgrade CAT HSBC Securities Hold Buy -- $660 Nov. 6, 2025
Initiation CAT RBC Capital Mkts -- Sector Perform -- $560 Oct. 22, 2025
Upgrade CAT Erste Group Hold Buy -- -- Oct. 3, 2025
Upgrade CAT Evercore ISI In-line Outperform -- $476 Aug. 19, 2025
Downgrade CAT Morgan Stanley Equal Weight Underweight -- $350 Aug. 7, 2025
Upgrade CAT Melius Hold Buy -- $500 July 9, 2025
Reiterated CAT BofA Securities -- Buy $335 $385 May 30, 2025
Upgrade CAT UBS Sell Neutral -- $357 May 16, 2025
Upgrade CAT Robert W. Baird Neutral Outperform -- $395 May 13, 2025

News

These 2 Industrial Products Stocks Could Beat Earnings: Why They Should Be on Your Radar
CAT, HUBB
Published: January 16, 2026 by: Zacks Investment Research
Sentiment: Positive

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

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image for news These 2 Industrial Products Stocks Could Beat Earnings: Why They Should Be on Your Radar
Caterpillar's 30% Payout Ratio Shows Why Its Dividend Can Survive the Next Recession
CAT
Published: January 15, 2026 by: 24/7 Wall Street
Sentiment: Neutral

Caterpillar Inc (NYSE: CAT) manufactures heavy equipment that builds the world's infrastructure.

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image for news Caterpillar's 30% Payout Ratio Shows Why Its Dividend Can Survive the Next Recession
Wall Street Roundup: Is Everything Priced In But Normalcy?
BAC, C, CAT, DAL, GS, HAL, IIPR, JBHT, META, MU, OKLO, RBLX, SNDK, VST, WFC
Published: January 09, 2026 by: Seeking Alpha
Sentiment: Neutral

AI-driven demand is fueling outsized gains in memory, storage, and power infrastructure stocks, with SNDK up 71% in a month and MU up 230% in 2025. Geopolitical events, notably US action in Venezuela, boosted oil and defense stocks, but pressured Canadian oil sands due to heavy crude competition.

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image for news Wall Street Roundup: Is Everything Priced In But Normalcy?
Trump Tariff Takedown Threat: 2 Stocks Facing Supreme Court Doom
CAT, GM
Published: January 08, 2026 by: 24/7 Wall Street
Sentiment: Negative

Caterpillar (CAT) shares rose 58% over the past year. Tariffs curbing cheap Chinese imports boosted domestic demand for Caterpillar equipment. General Motors (GM) stock climbed 53% over the past year. A 25% duty on imported trucks shielded GM models like the Chevrolet Silverado.

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image for news Trump Tariff Takedown Threat: 2 Stocks Facing Supreme Court Doom
Caterpillar Teams With NVIDIA to Revolutionize Heavy Industry with Physical AI and Robotics
CAT
Published: January 07, 2026 by: PRNewsWire
Sentiment: Neutral

AI-powered solutions to transform machines, job sites, factories and supply chains LAS VEGAS, Jan. 7, 2026 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced an expanded collaboration with NVIDIA to drive innovation across industries through next-generation, AI-enhanced customer solutions and manufacturing systems. This engagement will transform how work gets done for Caterpillar's customers, dealers and employees.

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image for news Caterpillar Teams With NVIDIA to Revolutionize Heavy Industry with Physical AI and Robotics
Caterpillar Unveils AI-Powered Future and Invests in the Workforce Building It
CAT
Published: January 07, 2026 by: PRNewsWire
Sentiment: Neutral

New Cat AI Assistant joins the Cat ecosystem as company previews machines built for the next frontier in autonomy: construction NVIDIA collaboration will accelerate the ability to turn insights into action, transforming how work gets done Company pledges $25 million to support the workforce building a better, more sustainable world LAS VEGAS, Jan. 7, 2026 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today unveiled a set of AI-powered and autonomous innovations that mark a major step forward for heavy industry, transforming machines into intelligent, connected systems that help customers build and power the world's critical infrastructure. Caterpillar CEO Joe Creed took …

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image for news Caterpillar Unveils AI-Powered Future and Invests in the Workforce Building It
Caterpillar taps Nvidia to bring AI to its construction equipment
CAT, NVDA
Published: January 07, 2026 by: TechCrunch
Sentiment: Positive

Caterpillar is diving deeper into incorporating AI and automation into its fleet of construction machinery through a partnership with semiconductor giant Nvidia.

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image for news Caterpillar taps Nvidia to bring AI to its construction equipment
Caterpillar Inc. (CAT) is Attracting Investor Attention: Here is What You Should Know
CAT
Published: January 07, 2026 by: Zacks Investment Research
Sentiment: Positive

Caterpillar (CAT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

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image for news Caterpillar Inc. (CAT) is Attracting Investor Attention: Here is What You Should Know
Caterpillar Introduces Cat AI Assistant
CAT
Published: January 06, 2026 by: PRNewsWire
Sentiment: Neutral

Information-rich AI client helps industry turn insights into action, transforms worksite experience for customers, operators and technicians LAS VEGAS, Jan. 6, 2026 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) has unveiled Cat AI Assistant, an AI-based solution that allows Cat customers to engage with Caterpillar's equipment and portfolio of digital applications in new, powerful ways. With Cat AI Assistant, Caterpillar is making it easier for customers to buy, maintain, manage and operate their equipment — no matter where they are.

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image for news Caterpillar Introduces Cat AI Assistant
Is It Worth Investing in Caterpillar (CAT) Based on Wall Street's Bullish Views?
CAT
Published: January 05, 2026 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

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image for news Is It Worth Investing in Caterpillar (CAT) Based on Wall Street's Bullish Views?
Caterpillar Roars On AI Power Demand, But Easy Money Has Been Made (Downgrade)
CAT
Published: January 05, 2026 by: Seeking Alpha
Sentiment: Neutral

Caterpillar delivered a 69% YoY return, outperforming the DJIA, SPY, and XLI, driven by data center infrastructure demand. I downgrade CAT to "Hold," as the stock now trades near intrinsic value and technicals suggest a consolidation phase ahead of Q4 earnings. CAT's Energy & Transportation segment led growth, with a $2.4 billion backlog increase and robust power-generation sales for AI-driven data center buildouts.

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image for news Caterpillar Roars On AI Power Demand, But Easy Money Has Been Made (Downgrade)
Caterpillar to Showcase Next Era in Industrial AI and Autonomy at CES 2026
CAT
Published: January 05, 2026 by: PRNewsWire
Sentiment: Neutral

Company leaders to highlight how advanced technology is changing the industrial landscape during keynote and live demonstrations IRVING, Texas, Jan. 5, 2026 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will take the keynote stage and show floor at CES® 2026, the world's most powerful tech event, to highlight how Industrial AI and autonomy are unlocking innovation and transforming worksites around the world. "Caterpillar's legacy of innovation is rooted in solving our customers' toughest challenges, and that mission continues to guide our future," said Caterpillar CEO Joe Creed.

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image for news Caterpillar to Showcase Next Era in Industrial AI and Autonomy at CES 2026
After a 58% Run in 2025, is CAT Stock Still a Buy in 2026?
CAT
Published: January 02, 2026 by: Zacks Investment Research
Sentiment: Positive

Caterpillar shares surge 57.9% in a year as revenues returned to growth, backlog hit a record $39.9B and earnings declines eased.

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image for news After a 58% Run in 2025, is CAT Stock Still a Buy in 2026?
Evaluating Caterpillar Stock's Actual Performance
CAT
Published: January 01, 2026 by: The Motley Fool
Sentiment: Positive

Investors are pricing in a significant improvement in Caterpillar's earnings in the coming years. The company's power generation equipment powers AI data centers.

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image for news Evaluating Caterpillar Stock's Actual Performance
Best Dividend Aristocrats For January 2026
ABBV, ABT, ADM, ADP, AFL, ALB, AMCR, AOS, APD, ATO, BDX, BEN, BRO, CAH, CAT, CB, CHD, CHRW, CINF, CL, CLX, CTAS, CVX, DOV, ECL, BF-A, BF-B, ED, EMR, ERIE, ES, ESS, EXPD, FAST, FDS, FRT, GD, GPC, GWW, HRL, IBM, ITW, JNJ, KMB, KO, KVUE, LIN, LOW, MCD, MDT, MKC, NDSN, NEE, NOBL, NUE, O, PEP, PG, PNR, PPG, ROP, SHW, SJM, SPGI, SPY, SWK, SYY, TGT, TROW, WMT, WST, XOM
Published: December 31, 2025 by: Seeking Alpha
Sentiment: Positive

The ProShares S&P 500 Dividend Aristocrat ETF (NOBL) underperformed SPY in 2025, gaining 7.2% versus SPY's 18.42%. Despite average underperformance, select Aristocrats like CAH (+74.18%), ALB (+66.90%), and CHRW (+61.22%) delivered strong double-digit returns. Dividend growth for the Aristocrats slowed to 5.52% in 2025, down from 5.78% in 2024, with 68 of 69 raising payouts.

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image for news Best Dividend Aristocrats For January 2026
Caterpillar becomes the Dow's best performer this year
CAT
Published: December 30, 2025 by: CNBC Television
Sentiment: Positive

Tami Zakaria, head of construction equity research at JPMorgan, joins ‘Money Movers' to discuss Caterpillar as the industrial giant becomes the best-performing stock in the Dow this year.

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image for news Caterpillar becomes the Dow's best performer this year
3 Manufacturing Stocks to Benefit From Reshoring in 2026
CAT, ENS, GE
Published: December 29, 2025 by: Zacks Investment Research
Sentiment: Positive

GE, CAT and ENS are three manufacturers reshoring production to cut tariffs, strengthen supply chains and tap U.S. demand heading into 2026.

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image for news 3 Manufacturing Stocks to Benefit From Reshoring in 2026
How Caterpillar Crushed the Magnificent 7 in 2025 — And It's Not Done Yet!
CAT
Published: December 22, 2025 by: 24/7 Wall Street
Sentiment: Positive

While artificial intelligence (AI) continues to dominate market headlines in 2025, many of the stocks most closely tied to the technology — the Magnificent 7 stocks of Alphabet ( NASDAQ:GOOG )( NASDAQ:GOOGL ), Amazon ( NASDAQ:AMZN ), Apple ( NASDAQ:AAPL ), Meta Platforms ( NASDAQ:META ), Microsoft ( NASDAQ:MSFT ), Nvidia ( NASDAQ:NVDA ), and Tesla ( NASDAQ:TSLA ) — have shown volatility or lagged.

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image for news How Caterpillar Crushed the Magnificent 7 in 2025 — And It's Not Done Yet!
Caterpillar Inc. (CAT) Is a Trending Stock: Facts to Know Before Betting on It
CAT
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Caterpillar (CAT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Caterpillar Inc. (CAT) Is a Trending Stock: Facts to Know Before Betting on It
3 Manufacturing Stocks Benefiting From Supply-Chain Shifts Into 2026
CAT, ENS, HON
Published: December 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Caterpillar, EnerSys and Honeywell are strengthening domestic operations and supply chains as manufacturers reposition their business operations in 2026.

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image for news 3 Manufacturing Stocks Benefiting From Supply-Chain Shifts Into 2026
CAT vs. KMTUY: Which Heavy Equipment Stock is the Better Buy?
CAT, KMTUY
Published: December 18, 2025 by: Zacks Investment Research
Sentiment: Neutral

CAT's revenue growth revival, infrastructure tailwinds and data-center demand stack up against KMTUY's sales declines and tariff pressures.

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image for news CAT vs. KMTUY: Which Heavy Equipment Stock is the Better Buy?
CalAmp Earns Caterpillar Supplier Excellence Certification for Second Consecutive Year
CAT
Published: December 17, 2025 by: GlobeNewsWire
Sentiment: Neutral

CalAmp earns Caterpillar Supplier Excellence Certification for second year, highlighting quality, on-time delivery and automotive-grade manufacturing.

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image for news CalAmp Earns Caterpillar Supplier Excellence Certification for Second Consecutive Year
Best-Performing Dow Stock of 2025 Will Surprise You
CAT
Published: December 16, 2025 by: Schaeffers Research
Sentiment: Positive

'Tis the season of looking back on this year's stock market performance.

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image for news Best-Performing Dow Stock of 2025 Will Surprise You
Is Caterpillar (CAT) a Buy as Wall Street Analysts Look Optimistic?
CAT
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Read More
image for news Is Caterpillar (CAT) a Buy as Wall Street Analysts Look Optimistic?
Build a Stronger 2026 Portfolio With These 5 Dividend Aristocrats
ATO, CAT, MDT, PEP, SPGI
Published: December 15, 2025 by: Zacks Investment Research
Sentiment: Positive

ATO, MDT, PEP, CAT and SPGI stand out as dividend aristocrats for 2026, offering decades of hikes, solid yields and defensive income.

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image for news Build a Stronger 2026 Portfolio With These 5 Dividend Aristocrats
Is CAT Finally Turning the Corner With Return to Revenue Growth in Q3?
CAT
Published: December 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Caterpillar posts a 9.5% revenue rebound as all segments return to volume growth, setting up expectations for stronger fourth-quarter sales.

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image for news Is CAT Finally Turning the Corner With Return to Revenue Growth in Q3?
Deere Calls 2026 the Bottom as Caterpillar Rides Energy Growth Past Estimates
CAT, DE
Published: December 10, 2025 by: 24/7 Wall Street
Sentiment: Neutral

Caterpillar (NYSE: CAT) and Deere & Company (NYSE: DE) both reported results showing the same headwinds hitting in very different ways.

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image for news Deere Calls 2026 the Bottom as Caterpillar Rides Energy Growth Past Estimates
Investors Heavily Search Caterpillar Inc. (CAT): Here is What You Need to Know
CAT
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Caterpillar (CAT). This makes it worthwhile to examine what the stock has in store.

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image for news Investors Heavily Search Caterpillar Inc. (CAT): Here is What You Need to Know
Caterpillar Inc. Maintains Dividend
CAT
Published: December 10, 2025 by: PRNewsWire
Sentiment: Neutral

IRVING, Texas , Dec. 10, 2025 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted to maintain the quarterly dividend of one dollar and fifty-one cents ($1.51) per share of common stock payable Feb. 19, 2026, to shareholders of record at the close of business Jan. 20, 2026. Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933.

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image for news Caterpillar Inc. Maintains Dividend
CAT Stock Trades at Premium Value: Should You Buy, Hold or Sell?
CAT
Published: December 02, 2025 by: Zacks Investment Research
Sentiment: Negative

Caterpillar' record Q3 revenues and rising backlog contrast with ongoing earnings pressure and steep valuation, keeping investors on alert.

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image for news CAT Stock Trades at Premium Value: Should You Buy, Hold or Sell?

About Caterpillar Inc. (CAT)

  • IPO Date 1929-12-02
  • Website https://www.caterpillar.com
  • Industry Agricultural - Machinery
  • CEO D. James Umpleby
  • Employees 112900

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines worldwide. Its Construction Industries segment offers asphalt pavers, backhoe loaders, compactors, cold planers, compact track and multi-terrain loaders, excavators, motorgraders, pipelayers, road reclaimers, site prep tractors, skid steer loaders, telehandlers, and utility vehicles; mini, small, medium, and large excavators; compact, small, and medium wheel loaders; track-type tractors and loaders; and wheel excavators. The Resource Industries segment provides electric rope shovels, draglines, hydraulic shovels, rotary drills, hard rock vehicles, track-type tractors, mining trucks, longwall miners, wheel loaders, off-highway trucks, articulated trucks, wheel tractor scrapers, wheel dozers, fleet management, landfill compactors, soil compactors, machinery components, autonomous ready vehicles and solutions, select work tools, and safety services and mining performance solutions. The Energy & Transportation segment offers reciprocating engines, generator sets, integrated systems and solutions, turbines and turbine-related services, remanufactured reciprocating engines and components, centrifugal gas compressors, diesel-electric locomotives and components, and other rail-related products and services for marine, oil and gas, industrial, and electric power generation sectors. The company's Financial Products segment provides operating and finance leases, installment sale contracts, working capital loans, and wholesale financing plans; and insurance and risk management products for vehicles, power generation facilities, and marine vessels. The All Other operating segment manufactures filters and fluids, undercarriage, ground engaging tools, etc. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Deerfield, Illinois.