Caterpillar Inc (CAT) stock

CATNYSEConstruction Machinery & EquipFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 12/3027% above fair value

$605.28+3.67 (+0.61%)

Close on Nov 12, 2026Market cap $278.23BP/E 23.7Yield 0.98%

Caterpillar statistics

91 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Jan 28, 2027 (estimated, before the open)
Last ex-dividend date: Jul 20, 2026
Fundamentals through: Sep 30, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $278.23B; $1.84B
Enterprise Value: $270.30B; $2.02B
PE Ratio: 23.75; 28.57
PS Ratio: 3.58; 2.37
P/FCF Ratio: 24.68; 21.25
P/OCF Ratio: 19.62; 15.80

Enterprise valuationIndustry

EV / Sales: 3.48; 2.35
EV / EBITDA: 16.21; 16.25
EV / EBIT: 18.96; 20.25
EV / FCF: 23.98; 22.46

Share statisticsIndustry

Shares Outstanding: 460M; 59M
Shares Change (YoY): -2.30%; 0.49%
Shares Change (QoQ): -0.46%; 0.03%
Float: 459M; 51M
Shares Held by Insiders: 0.22%; 5.17%
Shares Held by Institutions: 72.0%; 81.8%

Short sellingIndustry

Short Interest: 8M; –
Short Interest Change: 8.38%; -0.88%
Short % of Float: 1.78%; 4.17%
Short % of Shares Outstanding: 1.78%; 3.65%
Days to Cover: 2.36; 3.58

Stock price statisticsIndustry

52-Week High: $1073.46; –
52-Week Low: $537.08; –
20-Day Moving Average: $651.67; –
50-Day Moving Average: $744.77; –
200-Day Moving Average: $807.76; –
Average True Range (14): $29.67; –
Price Change (1 Week): 9.33%; 5.13%
Price Change (1 Month): -19.2%; -5.32%
Price Change (3 Months): -29.3%; -15.1%
Price Change (6 Months): -34.2%; -11.3%
Price Change (YTD): 5.66%; 6.24%
Price Change (1 Year): 6.58%; 5.98%
Price Change (3 Years): 150.5%; 33.6%
Price Change (5 Years): 189.2%; 15.6%
Price Change (10 Years): 550.8%; 92.3%
Average Volume (10 Days): 4M; –
Average Volume (20 Days): 4M; –
Average Volume (90 Days): 3M; –
Relative Volume: 0.85; 0.78
Relative Strength Index (14): 36.3; 45.7
Volatility (1 Year): 41.4%; 53.7%
Beta (5 Years): 1.06; 1.06

MarginsIndustry

Gross Margin: 34.8%; 34.6%
Operating Margin: 18.3%; 5.85%
Pretax Margin: 19.3%; 6.52%
EBITDA Margin: 21.4%; 9.73%
FCF Margin: 14.5%; 7.10%

Returns on capitalIndustry

Return on Capital Employed (ROCE): 21.5%; 6.81%

Financial positionIndustry

Current Ratio: 1.42; 2.02
Quick Ratio: 0.53; 0.96

GrowthIndustry

Revenue Growth (YoY): 20.3%; 9.19%
EPS Growth (YoY): 30.9%; 14.0%
FCF Growth (YoY): 26.5%; 15.9%
Revenue Growth (3Y CAGR): 4.38%; 3.31%
Revenue Growth (5Y CAGR): 10.1%; 7.11%
EPS Growth (3Y CAGR): 14.2%; 7.25%
EPS Growth (5Y CAGR): 28.1%; 15.5%

EfficiencyIndustry

Asset Turnover: 0.78; 0.70
Inventory Turnover: 2.46; 3.64
Revenue Per Employee: $659.09K; $427.56K
Employee Count: 118,000; 1,633
WACC: 10.2%; 9.50%

Income statement (TTM)Industry

Revenue: $77.77B; $906.74M
Gross Profit: $27.05B; $333.11M
Operating Income: $14.25B; $38.90M
Pretax Income: $15.02B; $62.51M
EBITDA: $16.68B; $67.41M
EPS (Diluted): $25.49; $0.71

Balance sheetIndustry

Cash & Short-Term Investments: $7.93B; $110.96M
Net Cash (Debt): $7.93B; $600.42K
Net Cash Per Share: $17.25; $0.00
Working Capital: $17.17B; $231.24M

Cash flow (TTM)Industry

Operating Cash Flow: $14.18B; $76.02M
Capital Expenditures: -$2.91B; -$26.59M
Free Cash Flow: $11.27B; $61.59M
FCF Per Share: $24.53; $1.38

Dividends and yieldsIndustry

FCF Yield: 4.05%; 3.52%
Dividend Yield: 0.98%; 1.05%
Buyback Yield: 2.91%; 1.35%
Shareholder Yield: 3.89%; 1.88%
Dividend Per Share: $5.94; $1.14
Dividend Growth (YoY): 7.41%; 5.27%
Years of Dividend Growth: 18; 4
FCF Payout Ratio: 25.3%; 24.9%

Taxes and interestIndustry

Income Tax: $3.41B; $18.38M
Effective Tax Rate: 22.7%; 21.3%

Scores and fair valueIndustry

Altman Z-Score: 4.28; 3.08
Beneish M-Score: -2.40; -2.56
Lynch Fair Value: $637.25; –
Lynch Upside: 5.28%; -40.6%

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	CAT	S&P 500	Difference	CAT per year	S&P 500 per year
1 month	-24.3%	-2.7%	−21.6 pts
3 months	-29.3%	-1.7%	−27.5 pts
Year to date	+6.3%	+11.9%	−5.6 pts
1 year	+6.3%	+12.0%	−5.7 pts
3 years	+162.1%	+78.2%	+83.9 pts	+37.9%	+21.2%
5 years	+213.5%	+73.2%	+140.2 pts	+25.7%	+11.6%
10 years	+703.3%	+309.6%	+393.7 pts	+23.2%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

8M CAT shares were sold short on Oct 30, 2026, up 8.4% from the previous report, or 1.78% of the shares available to trade. At recent volumes it would take 2.4 days to buy them back. Over the last 20 sessions, 38.2% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	8,186,379	+8.4%	3,466,109	2.4
Oct 15, 2026	7,553,568	-5.6%	2,736,652	2.8
Sep 30, 2026	8,005,755	-4.4%	2,474,941	3.2
Sep 15, 2026	8,377,107	+10.9%	2,263,202	3.7
Aug 31, 2026	7,554,705	+17.0%	2,464,953	3.1
Aug 14, 2026	6,455,487	-5.8%	2,988,949	2.2
Jul 31, 2026	6,854,115	-14.9%	3,204,618	2.1
Jul 15, 2026	8,054,245	-11.0%	2,868,137	2.8
Jun 30, 2026	9,052,419	+7.2%	4,862,881	1.9
Jun 15, 2026	8,445,334	+4.2%	2,822,323	3.0
May 29, 2026	8,103,454	-3.0%	2,766,216	2.9
May 15, 2026	8,353,937	+2.0%	2,522,433	3.3