Caterpillar Inc.
CAT
Rank in Stocks
#45
Caterpillar Inc., a global enterprise founded in 1925 and headquartered in... Caterpillar Inc., a global enterprise founded in 1925 and headquartered in Deerfield, Illinois (having previously operated as Caterpillar Tractor Co. until its rebranding in 1986), is a premier manufacturer and vendor of heavy construction and mining equipment, diesel and natural gas power units, and industrial gas turbines across the world. The company's extensive offerings are organized into several operational divisions: Construction Industries: This segment delivers a broad spectrum of machinery for construction projects, including asphalt pavers, versatile backhoe and skid steer loaders, various sizes of excavators (from compact to heavy-duty), compactors, road-building equipment like cold planers and motorgraders, pipelayers, site preparation tractors, telehandlers, and utility vehicles, alongside a range of wheel loaders and track-type equipment. Resource Industries: Dedicated to the mining sector, this division supplies powerful equipment such as electric rope and hydraulic shovels, draglines, rotary drills, specialized hard rock vehicles, and a diverse fleet of mining, off-highway, and articulated trucks. It also offers longwall miners, wheel dozers, fleet management systems, autonomous vehicle solutions, crucial machinery components, selected work tools, and comprehensive safety and performance solutions for mining operations. Energy & Transportation: This segment focuses on power generation and propulsion systems. It provides reciprocating engines, generator sets, integrated power solutions, industrial turbines and associated services, remanufactured engines and parts, centrifugal gas compressors, and diesel-electric locomotives with related components and services. These products serve critical sectors including marine, oil and gas, industrial applications, and electric power generation. Financial Products: This segment supports customers with a variety of financial services, such as operating and finance leases, installment sale agreements, working capital loans, and wholesale financing schemes. It also offers insurance and risk management products tailored for vehicles, power generation facilities, and marine vessels. All Other: This encompassing segment is responsible for manufacturing essential consumables and components like filters, fluids, undercarriage parts, and ground engaging tools.
Share Price
$725.74
Market Cap
$333.60B
Change (1 day)
-0.63%
Change (1 year)
37.69%
Country
US
Trade Caterpillar Inc. (CAT)
Category
Industrials
P/E ratio for Caterpillar Inc. (CAT)
P/E ratio as of October 2026 TTM: 32.09
According to Caterpillar Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.09. At the end of 2024 the company had a P/E ratio of 16.36.
P/E ratio history for Caterpillar Inc. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 32.09 | 6.54% |
| 2025 | 30.12 | 84.10% |
| 2024 | 16.36 | 12.00% |
| 2023 | 14.61 | -22.40% |
| 2022 | 18.83 | 8.62% |
| 2021 | 17.33 | -47.53% |
| 2020 | 33.03 | 142.69% |
| 2019 | 13.61 | 11.34% |
| 2018 | 12.23 | -90.12% |
| 2017 | 123.68 | -115.29% |
| 2016 | -808.78 | -5,130.23% |
| 2015 | 16.08 | -30.21% |
| 2014 | 23.04 | 48.99% |
| 2013 | 15.46 | 50.22% |
| 2012 | 10.29 | -13.19% |
| 2011 | 11.86 | -45.87% |
| 2010 | 21.91 | -44.08% |
| 2009 | 39.17 | 410.94% |
| 2008 | 7.67 | -41.37% |
| 2007 | 13.08 | 14.50% |
| 2006 | 11.42 | -16.82% |
| 2005 | 13.73 | 11.73% |
| 2004 | 12.29 | -52.87% |
| 2003 | 26.08 | 32.31% |
| 2002 | 19.71 | -11.57% |
| 2001 | 22.29 | 43.18% |
| 2000 | 15.57 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 36.05 | 12.35% |
US
|
|
| 9.28 | -71.07% |
DE
|
|
| - | - |
JP
|
|
| 48.17 | 50.11% |
GB
|
|
| - | - |
DE
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.