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Caterpillar CAT

US equityMarket cap rank #34InfrastructureDividend Aristocrats
$805.07
−$6.96 (-0.86%)
Market open · Sep 24, 2:00 pm ET
After hours $812.40 +0.05%
Open$797.95
Prev close$812.02
Day range$794.20 – $809.14
Volume1.10M
Market cap$370.07B
P/E (TTM)34.7
Dividend yield0.75%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

CAT at a glance

CAT last changed hands at $805.07 (down 0.86%). At $370.07B, Caterpillar is ranked #34 by size among the 300 stocks on BeStock.

Over the past 52 weeks it has traded between $463.29 and $1,071.47, so it sits 24.9% below the top of that range. Holders are ahead 72.9% over twelve months, but down 18.9% across the last three months.

Price is below the 50-day average ($832.31) but above the 200-day ($785.51); RSI is 47, and the last 30 sessions moved at roughly 29% annualized volatility.

For the quarter ended Jun 2026 it reported $20.54B in revenue, up 24.0% from a year earlier, with $3.59B of net profit (a 14.5% margin).

Valuation works out to 34.7 times trailing earnings, 63% above its five-year average of 21.2. The median for its industry group is 36.0.

15 analysts follow the stock and the average call is "buy". The mean target, $1,010.36, sits 25.5% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Caterpillar: the business

Caterpillar builds construction and mining machinery, engines and turbines, and sells parts and financing.

What tends to move it. Construction activity, mining capital spending and demand for power-generation equipment tied to data centers drive orders.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-0.9%
1 week
+2.9%
1 month
-0.7%
3 months
-18.9%
6 months
+12.8%
Year to date
+41.4%
1 year
+72.9%
Day range
$794.20$809.14
52-week range
$463.29$1,071.47

Technical signals

Full technicals →
Trend readLeaning bullish

5 bullish · 2 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average+0.2%Bullish
Price vs 50-day average-3.3%Bearish
Price vs 200-day average+2.5%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)47.1Bearish
MACD (12,26,9)-8.84Bullish
Bollinger band position53%Bullish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$805.01 / $805.65
Average price today$800.41
Volume1.10MAvg (90d) 2.98M
Turnover$881.05M
Turnover rate0.24%of shares outstanding
Volume ratio0.57vs. recent average pace
Day amplitude1.84%
Market cap$370.07B
Float market cap$368.90B
Shares outstanding458.22M
EPS (TTM)$18.81
P/E (TTM)34.67
P/B19.08
Book value / share$42.19
Earnings yield0.55%
Dividend (TTM)$6.04 / shareYield 0.75%
Net profit (TTM)$8.65B
Net assets$19.40B
30-day volatility29.3%annualized
Avg daily range (ATR)2.55%of price, 14 days
Max drawdown (1y)-26.7%-24.3% from 1y peak

Quote as of Sep 24, 2026 2:00 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How CAT ranks on BeStock

Market value#34 of 300
P/E (cheapest = 1)#220 of 283
Dividend yield#198 of 244
Closeness to 52-week high#248 of 300
Dollar volume today#48 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$20.54B+24.0% YoY
Operating profit$4.30B+50.2% YoY
Net profit$3.59B+64.9% YoY
Diluted EPS$7.77+68.2% YoY
Free cash flow$3.26B+50.4% YoY
Operating cash flow$4.37B

Revenue, last 8 quarters

$16.1BSep '24$16.2BDec '24$14.2BMar '25$16.6BJun '25$17.6BSep '25$19.1BDec '25$17.4BMar '26$20.5BJun '26

Net profit, last 8 quarters

$2.5BSep '24$2.8BDec '24$2.0BMar '25$2.2BJun '25$2.3BSep '25$2.4BDec '25$2.5BMar '26$3.6BJun '26

Profitability & balance sheet

Gross margin32.5%
Operating margin17.5%
Net margin14.5%
Return on equity57.0%
Return on assets11.2%
Return on invested capital18.2%
Current ratio1.37
Liabilities / assets81.1%
Cash & investments$6.71B
Total debt$45.15B
Net cash (debt)-$38.43B
Free cash flow / sales12.0%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Construction Industries$8.35B 37.2%
  • Power & Energy$8.24B 36.7%
  • Resource Industries$4.65B 20.7%
  • Financial Products Segment$1.15B 5.1%
  • All other segment$84.00M 0.4%
Average move on report day±4.9%last 16 reports
Closed higher10 of 1663% of the time
Best reaction+11.6%
Worst reaction-7.0%

Stock move on the day after each report

-2.1%2024/Q3-4.6%2024/Q4+0.6%2025/Q1+0.1%2025/Q2+11.6%2025/Q3+3.4%2025/Q4+9.9%2026/Q1+5.6%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings35.3x
CheapRich

Near the top of its 5-year range · 89th percentile, 5-year average 21.2x

#2241 of 2977 stocks by PE (1 = cheapest)

Price / book19.4x
CheapRich

Near the top of its 5-year range · 94th percentile, 5-year average 9.7x

#5085 of 5303 stocks by PB (1 = cheapest)

Price / sales5.0x
CheapRich

Near the top of its 5-year range · 91st percentile, 5-year average 2.8x

#3835 of 5143 stocks by PS (1 = cheapest)

P/E over five years

10x24x38x52xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$720.00
Price vs. fair value+11.8%Trading above the estimate
Star rating★★☆☆☆
Economic moatWide
UncertaintyMedium

Analyst view

All ratings →
ConsensusBuy
Analysts15
Average target$1,010.36+25.5% vs. price
  • Buy 47%
  • Hold 53%
Low $882.00Now $805.07Avg $1,010.36High $1,225.00

Latest rating actions

  • 14 Sep 2026CitiBUY · PT $1,100.00
  • 10 Sep 2026Freedom Capital MarketsBUY · PT $980.00
  • 3 Sep 2026BernsteinHOLD · PT $1,002.00
  • 31 Aug 2026BernsteinHOLD · PT $1,002.00
  • 19 Aug 2026BarclaysHOLD · PT $900.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership73.3%+0.01 pts vs. prior quarter
Institutions holding4,494-9 vs. prior quarter
Insider trades (recent)9 buys / 9 sellsBalanced
Short interest1.64% of floatDays to cover 3.1 · as of 31 Aug 2026
Short-sale volume share15.4%5-day average of daily volume

Short-sale volume as % of daily volume

6%12%19%25%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$154.07M (8 inflow days, 12 outflow days).

Dividends

Dividend yield (TTM)0.75%
Last dividend$1.63Ex-date 20 Jul 2026
Next-to-last$1.51
Payments on file40

Dividends paid per share, by year

3.2820183.7820194.1220204.2820214.6220225.0020235.4220245.842025

Across the full calendar years shown, the annual payout grew by roughly 8.6% a year.

CAT stock: common questions

How is Caterpillar stock doing today?

$805.07 is the latest print for CAT, a move of -0.86% against yesterday's close of $812.02. Today's low and high so far: $794.20 and $809.14.

How big is Caterpillar?

Equity value comes to $370.07B at the current price. By that measure it is number 34 of the 300 names in our coverage.

What multiple of earnings does CAT sell for?

Buyers pay 34.7 times the last twelve months of profit (EPS $18.81). Averaged over five years the multiple has been 21.2, and today's level ranks in the 89th percentile of its own history.

How far is CAT from its yearly high?

The year's floor is $463.29 and the ceiling $1,071.47. Shares are 24.9% away from that ceiling.

Are there dividends on Caterpillar shares?

It does. Payouts over the past twelve months work out to a 0.75% yield; the latest ex-dividend date was July 20, 2026.

Do Wall Street analysts like CAT?

Of 15 analysts, 47% say buy, 53% hold and 0% sell. Price targets average $1,010.36, with the most cautious at $882.00 and the most optimistic at $1,225.00.

How does Caterpillar make money?

Caterpillar builds construction and mining machinery, engines and turbines, and sells parts and financing.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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