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Friday 6 November 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.

Revenue
+17.3%
EPS
+45.8%
Free cash flow
+27.4%
Total debt
+8.83%

Quarter to September 2026, against a year earlier

555.00 36.30 −6.14%
Market cap
$254.5B
P/E
21.7×
Fwd P/E
23.2×
Dividend yield
1.13%
F-score
5/9
Altman Z
4.32
Beneish M
−2.43
Dividend safety
86/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Caterpillar Inc. (CAT) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Caterpillar Inc. (CAT) trades at a P/S ratio of 3.3×. Over the past ten years it has ranged from 0.7× (September 2015) to 6.9× (June 2026); the current reading is higher than 90% of that period. That is above the Farm & Heavy Construction Machinery industry median of 0.8× and above the Industrials sector median of 1.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 4.0× 46.23%
FY2024 2.7× 22.23%
FY2023 2.2× 5.23%
FY2022 2.1× (4.01%)
FY2021 2.2× (6.99%)
FY2020 2.4× 53.89%
FY2019 1.5× 12.26%
FY2018 1.4× (32.82%)
FY2017 2.0× 43.45%
FY2016 1.4× 65.88%

Quarterly newest first

Period P/S ratio Change
Sep 2026 4.8× (27.05%)
Jun 2026 6.6× 41.40%
Mar 2026 4.6× 16.48%
Dec 2025 4.0× 15.22%
43 more quarters

Against its own ten years

Low 0.7× High 6.9×
Ten-year median 1.9×
Current reading's percentile 89

P/S ratio against peers

Company P/S ratio
AGCO AGCO Corporation compare 0.8×
CNH CNH Industrial N.V. compare 0.8×
OSK Oshkosh Corporation compare 0.8×
TEX Terex Corporation compare 0.8×
BLBD Blue Bird Corporation compare 1.3×
PCAR PACCAR Inc. compare 1.9×
FSS Federal Signal Corporation compare 2.7×
CAT Caterpillar Inc. 3.3×
DE Deere & Company compare 3.7×
Farm & Heavy Construction Machinery industry median 0.8×
Industrials sector median 1.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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