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Saturday 17 October 2026 Export CAT’s income statement to Excel — free account

Caterpillar Inc.

CAT Industrials Farm & Heavy Construction Machinery

Caterpillar Inc.’s revenue for fiscal 2025 (year ended December 2025) was $67.6 billion, up 4.29% from fiscal 2024. In the quarter to June 2026, revenue grew 24.0%, EPS grew 68.1%, free cash flow grew 47.1% and total debt rose 10.8%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years; insiders bought in the last twelve months.

729.49 9.60 −1.30%
Market cap
$338.2B
P/E
31.2×
Fwd P/E
37.6×
Dividend yield
0.84%
F-score
5/9
Altman Z
4.32
Beneish M
−2.43
Dividend safety
86/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Caterpillar Inc. (CAT) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Caterpillar Inc. (CAT) trades at a P/E ratio of 31.2×. Over the past ten years it has ranged from 0.0× (June 2017) to 737× (September 2017); the current reading is higher than 75% of that period. That is above the Farm & Heavy Construction Machinery industry median of 23.3× and above the Industrials sector median of 24.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 30.3× 85.13%
FY2024 16.4× 13.15%
FY2023 14.5× (22.97%)
FY2022 18.8× 8.38%
FY2021 17.3× (47.68%)
FY2020 33.1× 142.70%
FY2019 13.6× 11.18%
FY2018 12.3× (89.85%)
FY2017 121× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 45.6× 29.98%
Mar 2026 35.1× 15.83%
Dec 2025 30.3× 24.25%
Sep 2025 24.4× 24.04%
42 more quarters

Against its own ten years

Low 0.0× High 737×
Ten-year median 17.6×
Current reading's percentile 72

P/E ratio against peers

Company P/E ratio
AGCO AGCO Corporation compare 14.3×
OSK Oshkosh Corporation compare 14.5×
ALG Alamo Group, Inc. compare 18.0×
PCAR PACCAR Inc. compare 23.3×
FSS Federal Signal Corporation compare 24.0×
TEX Terex Corporation compare 25.6×
CAT Caterpillar Inc. 31.2×
DE Deere & Company compare 35.6×
CNH CNH Industrial N.V. compare 46.6×
Farm & Heavy Construction Machinery industry median 23.3×
Industrials sector median 24.7×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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