(CAT) Caterpillar - Ratings and Ratios
Excavators, Loaders, Dozers, Engines, Locomotives
CAT EPS (Earnings per Share)
CAT Revenue
Description: CAT Caterpillar
Caterpillar Inc. (NYSE: CAT) designs, manufactures, and sells a broad portfolio of heavy-equipment products, including construction and mining machinery, off-highway diesel and natural-gas engines, industrial gas turbines, and diesel-electric locomotives, serving customers in the United States and globally.
The company operates through four primary segments: (1) **Construction Industries**, which offers asphalt pavers, excavators, loaders, telehandlers and related parts; (2) **Resource Industries**, providing electric rope shovels, draglines, mining trucks, autonomous-ready vehicles, and associated services; (3) **Energy & Transportation**, delivering generator sets, turbines, compressors, drivetrain systems, and rail-related products; and (4) **Financial Products**, which finances equipment sales via leases, loans, and insurance solutions. A fifth “All Other” segment adds wear components, logistics, dealer management, and digital services.
Key performance indicators from recent filings show CAT generated **$53 billion in revenue for FY 2023**, with an **operating margin of ~12%** and an **order backlog of roughly $30 billion**, underscoring the cyclical but sizable demand for capital-intensive equipment. The segment’s earnings are highly sensitive to **global construction spending**, which is driven by government infrastructure programs (e.g., the U.S. Bipartisan Infrastructure Law) and **commodity price cycles** that affect mining investment. Additionally, CAT’s **financial services arm contributes about 15% of total operating profit**, providing a relatively stable cash-flow buffer during downturns in equipment sales.
For a deeper dive into CAT’s valuation metrics and scenario analysis, the ValueRay platform offers a structured framework worth exploring.
CAT Stock Overview
| Market Cap in USD | 234,408m |
| Sub-Industry | Construction Machinery & Heavy Transportation Equipment |
| IPO / Inception | 1962-01-02 |
CAT Stock Ratings
| Growth Rating | 79.8% |
| Fundamental | 65.6% |
| Dividend Rating | 50.7% |
| Return 12m vs S&P 500 | 17.6% |
| Analyst Rating | 3.89 of 5 |
CAT Dividends
| Dividend Yield 12m | 1.38% |
| Yield on Cost 5y | 4.78% |
| Annual Growth 5y | 7.10% |
| Payout Consistency | 50.5% |
| Payout Ratio | 30.3% |
CAT Growth Ratios
| Growth Correlation 3m | 74.5% |
| Growth Correlation 12m | 44.1% |
| Growth Correlation 5y | 89.5% |
| CAGR 5y | 43.22% |
| CAGR/Max DD 3y (Calmar Ratio) | 1.27 |
| CAGR/Mean DD 3y (Pain Ratio) | 5.39 |
| Sharpe Ratio 12m | 0.14 |
| Alpha | 16.55 |
| Beta | 1.465 |
| Volatility | 27.95% |
| Current Volume | 2814.7k |
| Average Volume 20d | 2979.2k |
| Stop Loss | 509.9 (-3.3%) |
| Signal | -0.09 |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (9.44b TTM) > 0 and > 6% of Revenue (6% = 3.79b TTM) |
| FCFTA 0.09 (>2.0%) and ΔFCFTA -3.49pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 18.72% (prev 14.36%; Δ 4.36pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 11.37b > Net Income 9.44b (YES >=105%, WARN >=100%) |
| Net Debt (35.31b) to EBITDA (14.38b) ratio: 2.46 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.34 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (471.5m) change vs 12m ago -3.68% (target <= -2.0% for YES) |
| Gross Margin 34.34% (prev 35.83%; Δ -1.49pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 72.72% (prev 79.64%; Δ -6.92pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 30.01 (EBITDA TTM 14.38b / Interest Expense TTM 406.0m) >= 6 (WARN >= 3) |
Altman Z'' 5.02
| (A) 0.13 = (Total Current Assets 46.76b - Total Current Liabilities 34.93b) / Total Assets 90.33b |
| (B) 0.69 = Retained Earnings (Balance) 62.16b / Total Assets 90.33b |
| (C) 0.14 = EBIT TTM 12.18b / Avg Total Assets 86.83b |
| (D) 0.93 = Book Value of Equity 66.62b / Total Liabilities 71.66b |
| Total Rating: 5.02 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 65.63
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield 2.87% = 1.43 |
| 3. FCF Margin 12.26% = 3.06 |
| 4. Debt/Equity 2.18 = 0.49 |
| 5. Debt/Ebitda 2.46 = -0.88 |
| 6. ROIC - WACC (= 6.50)% = 8.12 |
| 7. RoE 49.92% = 2.50 |
| 8. Rev. Trend -13.19% = -0.99 |
| 9. EPS Trend 27.60% = 1.38 |
What is the price of CAT shares?
Over the past week, the price has changed by +7.28%, over one month by +16.96%, over three months by +26.54% and over the past year by +35.75%.
Is Caterpillar a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CAT is around 633.31 USD . This means that CAT is currently undervalued and has a potential upside of +20.15% (Margin of Safety).
Is CAT a buy, sell or hold?
- Strong Buy: 11
- Buy: 3
- Hold: 14
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the CAT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 474.6 | -10% |
| Analysts Target Price | 474.6 | -10% |
| ValueRay Target Price | 714.1 | 35.5% |
Last update: 2025-10-11 05:01
CAT Fundamental Data Overview
P/E Trailing = 25.4507
P/E Forward = 23.2019
P/S = 3.7126
P/B = 12.3156
P/EG = 2.1242
Beta = 1.465
Revenue TTM = 63.14b USD
EBIT TTM = 12.18b USD
EBITDA TTM = 14.38b USD
Long Term Debt = 27.95b USD (from longTermDebt, last quarter)
Short Term Debt = 12.80b USD (from shortTermDebt, last quarter)
Debt = 40.75b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 35.31b USD (from netDebt column, last quarter)
Enterprise Value = 269.71b USD (234.41b + Debt 40.75b - CCE 5.44b)
Interest Coverage Ratio = 30.01 (Ebit TTM 12.18b / Interest Expense TTM 406.0m)
FCF Yield = 2.87% (FCF TTM 7.74b / Enterprise Value 269.71b)
FCF Margin = 12.26% (FCF TTM 7.74b / Revenue TTM 63.14b)
Net Margin = 14.95% (Net Income TTM 9.44b / Revenue TTM 63.14b)
Gross Margin = 34.34% ((Revenue TTM 63.14b - Cost of Revenue TTM 41.46b) / Revenue TTM)
Gross Margin QoQ = 32.96% (prev 34.80%)
Tobins Q-Ratio = 2.99 (Enterprise Value 269.71b / Total Assets 90.33b)
Interest Expense / Debt = 0.26% (Interest Expense 107.0m / Debt 40.75b)
Taxrate = 22.87% (646.0m / 2.83b)
NOPAT = 9.40b (EBIT 12.18b * (1 - 22.87%))
Current Ratio = 1.34 (Total Current Assets 46.76b / Total Current Liabilities 34.93b)
Debt / Equity = 2.18 (Debt 40.75b / totalStockholderEquity, last quarter 18.66b)
Debt / EBITDA = 2.46 (Net Debt 35.31b / EBITDA 14.38b)
Debt / FCF = 4.56 (Net Debt 35.31b / FCF TTM 7.74b)
Total Stockholder Equity = 18.90b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.45% (Net Income 9.44b / Total Assets 90.33b)
RoE = 49.92% (Net Income TTM 9.44b / Total Stockholder Equity 18.90b)
RoCE = 26.01% (EBIT 12.18b / Capital Employed (Equity 18.90b + L.T.Debt 27.95b))
RoIC = 16.25% (NOPAT 9.40b / Invested Capital 57.84b)
WACC = 9.75% (E(234.41b)/V(275.16b) * Re(11.41%) + D(40.75b)/V(275.16b) * Rd(0.26%) * (1-Tc(0.23)))
Discount Rate = 11.41% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.56%
[DCF Debug] Terminal Value 65.77% ; FCFE base≈8.66b ; Y1≈8.17b ; Y5≈7.71b
Fair Price DCF = 178.6 (DCF Value 83.66b / Shares Outstanding 468.5m; 5y FCF grow -7.33% → 3.0% )
EPS Correlation: 27.60 | EPS CAGR: 6.69% | SUE: -0.45 | # QB: 0
Revenue Correlation: -13.19 | Revenue CAGR: 3.70% | SUE: 0.84 | # QB: 1
Additional Sources for CAT Stock
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Fund Manager Positions: Dataroma | Stockcircle