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 12.556
  • Debt/Equity 1.5624
  • CurrentRatio 1.3842
  • ROIC 0.1449

 

  • MktCap 259326507827.0
  • FreeCF/Share 20.2369
  • PFCF 27.3465
  • PE 28.0032
  • Debt/Assets 0.3444
  • DivYield 0.0106
  • 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 Dow Stocks Have Crushed the VOO and VTI in 2025—Here's Where They're Headed Next
CAT, GS
Published: November 11, 2025 by: 24/7 Wall Street
Sentiment: Positive

The Dow Jones Industrial Average offers too small a sample size for many to be an effective gauge of how well the stock market is doing on any given day.

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image for news These Dow Stocks Have Crushed the VOO and VTI in 2025—Here's Where They're Headed Next
Why Investors Need to Take Advantage of These 2 Industrial Products Stocks Now
CAT, DE
Published: November 10, 2025 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 Why Investors Need to Take Advantage of These 2 Industrial Products Stocks Now
Should You Buy, Sell or Hold Caterpillar Stock Post Q3 Earnings?
CAT
Published: November 07, 2025 by: Zacks Investment Research
Sentiment: Neutral

CAT posts record Q3 revenues and backlog on strong volumes, but tariff-driven costs weigh on margins and earnings.

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image for news Should You Buy, Sell or Hold Caterpillar Stock Post Q3 Earnings?
Caterpillar Stock Is Up. A ‘Re-Rating' Is Possible.
CAT
Published: November 05, 2025 by: Barrons
Sentiment: Positive

Caterpillar hosted an analyst event in Texas on Tuesday. Now, Wall Street is weighing in.

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image for news Caterpillar Stock Is Up. A ‘Re-Rating' Is Possible.
Caterpillar Targets Bigger Sales Growth Through 2030
CAT
Published: November 04, 2025 by: WSJ
Sentiment: Positive

Caterpillar is looking to accelerate its annual sales growth through 2030 and beef up its capital spending on capacity and digital technology.

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image for news Caterpillar Targets Bigger Sales Growth Through 2030
Caterpillar Inc. (CAT) Is a Trending Stock: Facts to Know Before Betting on It
CAT
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Caterpillar (CAT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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image for news Caterpillar Inc. (CAT) Is a Trending Stock: Facts to Know Before Betting on It
Buy Or Sell Caterpillar Stock?
CAT
Published: November 03, 2025 by: Forbes
Sentiment: Positive

Caterpillar (CAT) has been a standout performer in the industrial sector, buoyed by optimism around infrastructure spending and a resilient U.S. economy. Yet, after a sharp rally, investors are asking the key question — has the stock run too far, too fast?

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image for news Buy Or Sell Caterpillar Stock?
Wall Street Roundup: Is This Time Really Different?
AAPL, AMD, AMZN, CAT, GOOG, GOOGL, META, MSFT, NVDA, PLTR
Published: October 31, 2025 by: Seeking Alpha
Sentiment: Neutral

The Fed's latest rate cut highlights internal division and ongoing tension between inflation concerns and signs of economic slowdown, especially in the labor market. Meta (META) reported strong earnings but faced investor skepticism over rising R&D and CapEx, contrasting with more disciplined spending at Alphabet (GOOGL) and Microsoft (MSFT).

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image for news Wall Street Roundup: Is This Time Really Different?
Caterpillar's Next Big Move Has Nothing To Do With Bulldozers
CAT
Published: October 30, 2025 by: Benzinga
Sentiment: Positive

Caterpillar Inc. (NYSE:CAT) is charging into the AI era — and Wall Street is taking notice. As CEO Joe Creed told investors, “We're definitely really excited about the Prime Power opportunity with data centers and the demand they're putting on the grid,” signaling a strategic evolution from traditional heavy equipment toward powering digital infrastructure.

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image for news Caterpillar's Next Big Move Has Nothing To Do With Bulldozers
CAT Q3 Earnings & Revenues Beat Estimates on Higher Volumes
CAT
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Caterpillar's Q3 earnings beat estimates as record revenues and higher volumes offset tariff and cost pressures.

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image for news CAT Q3 Earnings & Revenues Beat Estimates on Higher Volumes
Caterpillar Stock Hit a Record Wednesday—AI Had a Lot To Do With It
CAT
Published: October 29, 2025 by: Investopedia
Sentiment: Positive

Caterpillar (CAT) shares skyrocketed to an all-time high when the big farm and construction machines maker easily beat profit and sales expectations, with strong demand for data center power-generation equipment more than offsetting tariff headwinds.

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image for news Caterpillar Stock Hit a Record Wednesday—AI Had a Lot To Do With It
Markets Await Fed's Decision on Interest Rate Cut
BA, CAT, FOMC, GOOGL, META, MSFT, NOW, NVDA, SBUX, VZ
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Pre-markets are picking up where they left off as of Tuesday's closing bell: three major indexes advancing to all-time highs, with only the small-cap Russell 2000 slightly off this morning. The Dow is +79 points at this hour, +0.16%, the S&P 500 +13 points, +0.19%, the Nasdaq +88 points, +0.34% and the Russell 2000 is -2 points at this hour.

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image for news Markets Await Fed's Decision on Interest Rate Cut
Caterpillar (CAT) Q3 Earnings and Revenues Surpass Estimates
CAT
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Caterpillar (CAT) came out with quarterly earnings of $4.95 per share, beating the Zacks Consensus Estimate of $4.52 per share. This compares to earnings of $5.17 per share a year ago.

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image for news Caterpillar (CAT) Q3 Earnings and Revenues Surpass Estimates
Caterpillar's stock surges to a record after a big revenue beat and a surprisingly upbeat outlook
CAT
Published: October 29, 2025 by: Market Watch
Sentiment: Positive

Caterpillar Inc.'s stock rose in early trading on Wednesday after the earth-moving company said it'll grow its revenue this year.

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image for news Caterpillar's stock surges to a record after a big revenue beat and a surprisingly upbeat outlook
Caterpillar Profit Hit by Higher Costs That Offset Revenue Growth
CAT
Published: October 29, 2025 by: WSJ
Sentiment: Negative

Caterpillar's third-quarter net income fell as higher costs offset robust growth in revenue and demand for the manufacturer's heavy machinery.

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image for news Caterpillar Profit Hit by Higher Costs That Offset Revenue Growth
Caterpillar Reports Third-Quarter 2025 Results
CAT
Published: October 29, 2025 by: PRNewsWire
Sentiment: Neutral

Third-quarter 2025 sales and revenues increased 10% to $17.6 billion Third-quarter 2025 profit per share of $4.88; adjusted profit per share of $4.95 Deployed $1.1 billion of cash for dividends and share repurchases in the third quarter Third Quarter ($ in billions except profit per share) 2025 2024 Sales and Revenues $17.6 $16.1 Profit Per Share $4.88 $5.06 Adjusted Profit Per Share $4.95 $5.17 Please see a reconciliation of GAAP to non-GAAP financial measures in the appendix on pages 12 and 13. IRVING, Texas , Oct. 29, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced third-quarter 2025 results.

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image for news Caterpillar Reports Third-Quarter 2025 Results
Caterpillar Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
CAT
Published: October 29, 2025 by: Benzinga
Sentiment: Neutral

Caterpillar Inc. (NYSE:CAT) will release earnings results for the third quarter, before the opening bell on Wednesday, Oct. 29.

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image for news Caterpillar Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
CAT to Report Q3 Earnings: Can Volume Recovery Offset Tariff Woes?
CAT
Published: October 27, 2025 by: Zacks Investment Research
Sentiment: Neutral

Caterpillar is set to post lower Q3 earnings despite modest revenue growth, as tariff-driven cost pressures weigh on margins.

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image for news CAT to Report Q3 Earnings: Can Volume Recovery Offset Tariff Woes?
Exploring Analyst Estimates for Caterpillar (CAT) Q3 Earnings, Beyond Revenue and EPS
CAT
Published: October 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Caterpillar (CAT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2025.

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image for news Exploring Analyst Estimates for Caterpillar (CAT) Q3 Earnings, Beyond Revenue and EPS
Earnings Preview: Caterpillar (CAT) Q3 Earnings Expected to Decline
CAT
Published: October 22, 2025 by: Zacks Investment Research
Sentiment: Negative

Caterpillar (CAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Earnings Preview: Caterpillar (CAT) Q3 Earnings Expected to Decline
Caterpillar Inc. to Offer Video Webcast of 2025 Investor Day
CAT
Published: October 21, 2025 by: PRNewsWire
Sentiment: Neutral

IRVING, Texas , Oct. 21, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will offer a video webcast of its Investor Day on Tuesday, Nov. 4 beginning at 9:00 a.m. CST. Chief Executive Officer Joe Creed and the Caterpillar executive leadership team will provide an update on strategic priorities and growth opportunities as the company embarks on the next 100 years.

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image for news Caterpillar Inc. to Offer Video Webcast of 2025 Investor Day
Wall Street Roundup: Financial Earnings, Golden Highs, Data Dearth
AMZN, AVGO, BAC, C, CAT, CRM, DIA, F, GM, INTC, JEF, MS, NFLX, NVDA, QQQ, SPY, TSLA, TXN, WAL, WFC, WMT, ZION
Published: October 17, 2025 by: Seeking Alpha
Sentiment: Neutral

Big bank earnings impressed, with WFC, MS, C, and BAC posting strong results, while regional banks like ZION and WAL faced notable setbacks. AI enthusiasm is spreading beyond core tech, boosting stocks like WMT and CAT, but valuation concerns and bubble fears persist.

Read More
image for news Wall Street Roundup: Financial Earnings, Golden Highs, Data Dearth
From Bulldozers to Big Data: Caterpillar's Bull Case Gets a Lift
CAT
Published: October 16, 2025 by: MarketBeat
Sentiment: Positive

Shares of Caterpillar NYSE: CAT have demonstrated remarkable momentum in 2025, up over 41% year-to-date to reach a new all-time high and reflecting strong investor confidence. But just as the market was celebrating this milestone, the industrial sector giant announced a move that signals a deeper strategic shift.

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image for news From Bulldozers to Big Data: Caterpillar's Bull Case Gets a Lift
How Does CAT Stock Compare With Peers?
CAT
Published: October 15, 2025 by: Forbes
Sentiment: Positive

Caterpillar stock (NYSE: CAT) is up 21% in a month, a surge fueled by positive analyst sentiment and strategic expansion.

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image for news How Does CAT Stock Compare With Peers?
Caterpillar Inc. to Announce Third-Quarter 2025 Financial Results Oct. 29
CAT
Published: October 15, 2025 by: PRNewsWire
Sentiment: Neutral

IRVING, Texas , Oct. 15, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will release third-quarter 2025 financial results at 5:30 a.m. CDT on Wednesday, Oct. 29.

Read More
image for news Caterpillar Inc. to Announce Third-Quarter 2025 Financial Results Oct. 29
Caterpillar's AI Potential Is Bigger Than You Think
CAT
Published: October 14, 2025 by: Barrons
Sentiment: Positive

JPMorgan says the stock is a buy. It's about more than construction machinery.

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image for news Caterpillar's AI Potential Is Bigger Than You Think
Jim Cramer's top 10 things to watch in the stock market Tuesday
AMD, AMZN, BLK, CAT, CVS, F, GS, JPM, ORCL, WFC
Published: October 14, 2025 by: CNBC
Sentiment: Negative

Stock futures fell Tuesday as trade tensions between the U.S. and China intensified.

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image for news Jim Cramer's top 10 things to watch in the stock market Tuesday
CAT to Boost Mining Technology Solutions With RPMGlobal Holdings Deal
CAT
Published: October 13, 2025 by: Zacks Investment Research
Sentiment: Positive

Caterpillar's acquisition of RPMGlobal Holdings aims to strengthen its mining technology with advanced software and data-driven solutions.

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image for news CAT to Boost Mining Technology Solutions With RPMGlobal Holdings Deal
Brokers Suggest Investing in Caterpillar (CAT): Read This Before Placing a Bet
CAT
Published: October 09, 2025 by: Zacks Investment Research
Sentiment: Neutral

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

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image for news Brokers Suggest Investing in Caterpillar (CAT): Read This Before Placing a Bet
Caterpillar Inc. (CAT) Is a Trending Stock: Facts to Know Before Betting on It
CAT
Published: October 09, 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

About Caterpillar Inc. (CAT)

  • IPO Date 1929-12-02
  • Website https://www.caterpillar.com
  • Industry Agricultural - Machinery
  • CEO Joseph E. Creed CPA
  • 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.