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.
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Caterpillar Inc. (CAT) P/S ratio
As of 16 October 2026, Caterpillar Inc. (CAT) trades at a P/S ratio of 4.5×. Over the past ten years it has ranged from 0.7× (September 2015) to 6.9× (June 2026); the current reading is higher than 94% of that period. That is above the Farm & Heavy Construction Machinery industry median of 0.7× 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 |
|---|---|---|
| Jun 2026 | 6.6× | 41.40% |
| Mar 2026 | 4.6× | 16.48% |
| Dec 2025 | 4.0× | 15.22% |
| Sep 2025 | 3.5× | 19.72% |
| 42 more quarters | Free account |
Against its own ten years
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| AGCO AGCO Corporation compare | 0.7× |
| OSK Oshkosh Corporation compare | 0.7× |
| CNH CNH Industrial N.V. compare | 0.8× |
| TEX Terex Corporation compare | 0.9× |
| ALG Alamo Group, Inc. compare | 1.1× |
| PCAR PACCAR Inc. compare | 2.1× |
| FSS Federal Signal Corporation compare | 2.8× |
| DE Deere & Company compare | 3.6× |
| CAT Caterpillar Inc. | 4.5× |
| Farm & Heavy Construction Machinery industry median | 0.7× |
| 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)
More on CAT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement