Financial Performance
5Y price score: 397
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 921.9%
US$ Per
Share
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411.3
52-week range
1073.4
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
2.4 %
Dividend Yield TTM
0.8 %
Market cap $
$ 364,954
Price / Earnings TTM
34.1
Price / Book TTM
18.8
PEG TTM
0.5
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
91.8 %
286 %
921.9 %
Free cash flow per share growth
53.4 %
107 %
177.9 %
Earnings per share growth
68.2 %
244.9 %
350.5 %
Founded: 1,925
Employees: 112,900
Business Summary:
Latest Earnings Call Takeaways
2026 Q2 (Aug 4, 2026)
1) Strong Financial Performance
- Sales and revenues reached $20.5 billion, a 24% increase YoY, marking the first time Caterpillar exceeded $20 billion in a single quarter.
- Adjusted profit per share rose to $8.17, up 73% from the previous year.
- Backlog increased by $9 billion sequentially to $72 billion, a 92% increase YoY, indicating strong demand across all segments.
- MP&E free cash flow was robust at $5.1 billion, with $2.2 billion returned to shareholders through dividends and share repurchases.
2) Segment Highlights
- Power & Energy: Sales grew 17% YoY to $8.2 billion, with a profit increase of 30% to $2 billion. The segment's margin improved to 24.6%.
- Construction Industries: Sales surged 35% to $8.3 billion, with profits up 57% to $1.9 billion and a margin of 23.3%.
- Resource Industries: Sales increased 20% to $4.6 billion, with profits up 23% to $693 million and a margin of 14.9%.
- Financial Products revenues rose 10% to $1.1 billion, with profits increasing 32% to $328 million.
3) Operational Developments
- Caterpillar resumed production of the 10-megawatt medium-speed gas reciprocating engine, expecting to bring 1.5 gigawatts of capacity online by Q4 2026.
- The company launched Major Projects, a rental joint venture to support large-scale infrastructure projects, enhancing its presence in the rental market.
- Recent acquisitions, including Skycatch, aim to bolster technology capabilities in mining operations.
4) Guidance and Outlook
- Full-year 2026 sales and revenues are now expected to grow in the mid- to high teens, up from previous estimates, supported by a strong backlog and demand across segments.
- Adjusted operating profit margins are anticipated to be higher than previously expected, despite ongoing tariff impacts.
- MP&E free cash flow expectations have been raised to the top half of the annual target range of $6 billion to $15 billion.
5) Challenges and Considerations
- Caterpillar faces ongoing tariff costs, projected at $2.2 billion for the full year, which may impact margins.
- Geopolitical uncertainties could pose risks to market stability, although demand remains strong.
- The call did not provide specific figures for future order rates or detailed projections beyond 2026.
Bottom line: Caterpillar's strong Q2 performance, marked by record sales and a growing backlog, positions the company favorably for continued growth in 2026, despite potential headwinds from tariffs and geopolitical uncertainties. The strategic focus on operational excellence and capacity expansion supports a positive outlook for shareholders.
Annual Reports, Presentations And IR Contacts
Go to the websiteCaterpillar Inc. — Financial Overview, Stock Price, Market Cap
Caterpillar Inc. is a company. Founded in 1925. As of September 3, 2026, the company's market capitalization is $364953482360 with a current stock price of $792.28.