CAT
Caterpillar Inc.Previous close
622.75
Change
−24.64 / −3.81%
P/E (TTM) ?
26.8
Market Cap
$288B
1M
−23.19%
S&P 500 −0.91% over same period
Volume / Avg Volume
5.3M / 3.3M
1.59× average
Latest earnings analysisFY2026 Q2Reported 2026-08-04
Caterpillar Q2 FY2026: first $20 billion quarter, EPS $7.77
Caterpillar's second quarter of FY2026 was its first ever above $20 billion in sales and revenues, and profit ran far ahead of what analysts expected: adjusted EPS of $8.17 against a $6.26 consensus estimate. The quality is good but not perfect — margins expanded sharply while inventory and receivables absorbed cash and a $392 million tariff recovery padded operating profit. Read the growth as real, and the cash and working-capital lines as the swing factors to watch.
Read the full analysis →Revenue$20.54BYoY +24.00%
EPS (non-GAAP)$8.17Beatest. $6.26
Next-day move−0.62%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-08-04 | $20.5B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-30 | $17.4B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-29 | $67.6B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-29 | $17.6B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-08-05 | $16.6B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-30 | $14.2B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 67 of its 5-year rangeMid-range
5-year range 14.6 – 46.8 · Median 17.9
Last 4 quarters: $7.2B in buybacks + $2.8B in dividends, 3.49% of market cap combined
P/E (TTM)
26.8
P/B
15.0
P/S
3.9
Dividend Yield
2.10%
Earnings Reaction
Over the last 6 reports, the stock moved ±0.9% on average on the first trading day after, rising 1 times
Most recent −0.62%
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 1 · $26.2MNet selling $26.2M
- 08-28Creed Joseph EChief Executive OfficerSell$26.2M32,401 shares · 14 trades · Avg price 808.98
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 20.54 | +24.0% | 37.8% | — | 7.77 |
| FY2026 Q1 | 17.42 | +22.2% | 35.1% | — | 5.47 |
| FY2025 Q4 | 19.13 | +18.0% | — | — | — |
| FY2025 Q3 | 17.64 | +9.5% | 33.8% | — | 4.88 |
| FY2025 Q2 | 16.57 | −0.7% | 34.8% | — | 4.62 |
| FY2025 Q1 | 14.25 | −9.8% | 37.1% | — | 4.20 |
| FY2024 Q4 | 16.22 | −5.0% | — | — | — |
| FY2024 Q3 | 16.11 | −4.2% | 37.5% | — | 5.06 |
| FY2024 Q2 | 16.69 | −3.6% | 39.2% | — | 5.48 |
| FY2024 Q1 | 15.80 | −0.4% | 38.8% | — | 5.75 |
| FY2023 Q4 | 17.07 | +2.8% | 35.5% | 10.34 | 5.26 |
| FY2023 Q3 | 16.81 | +12.1% | 37.0% | — | 5.45 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| CAT | 26.8 | +24.0% | 37.8% | −23.19% | Bullish |
| SPCX | — | +161.4% | 62.4% | −10.70% | Bullish |
| GE | 35.1 | +15.9% | — | −3.36% | Bullish |
| RTX | 32.0 | +11.1% | — | +7.62% | Bullish |
| GEV | 22.8 | +26.8% | 24.6% | −9.74% | Bullish |
| UNP | 23.6 | +15.3% | — | +11.71% | Bullish |
| DE | 36.7 | +4.9% | — | +0.59% | Bullish |
| ETN | 38.6 | +21.4% | 33.5% | −13.90% | Bullish |
| LMT | 22.7 | +11.3% | 11.8% | +25.08% | Bullish |