Caterpillar Inc. CAT

821.58 16.33 2.03% as of 25 Sep
Market cap
$373.2B
P/E
35.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Caterpillar Inc. (CAT) P/E ratio

As of 25 September 2026, Caterpillar Inc. (CAT) trades at a P/E ratio of 35.2×. Over the past ten years it has ranged from 0.0× (June 2017) to 737× (September 2017); the current reading is higher than 79% of that period. That is above the Farm & Heavy Construction Machinery industry median of 23.4× and above the Industrials sector median of 24.8×.

P/E ratio, daily

Annual

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

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 79

P/E ratio against peers

Company P/E ratio
OSK Oshkosh Corporation compare 15.1×
AGCO AGCO Corporation compare 16.3×
ALG Alamo Group, Inc. compare 19.0×
PCAR PACCAR Inc. compare 23.4×
FSS Federal Signal Corporation compare 24.5×
TEX Terex Corporation compare 28.8×
CAT Caterpillar Inc. 35.2×
DE Deere & Company compare 38.3×
CNH CNH Industrial N.V. compare 52.4×
Farm & Heavy Construction Machinery industry median 23.4×
Industrials sector median 24.8×
Market median 17.9×

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 →

More on CAT