Valuation Caterpillar Inc.

Equities

Market Closed - Nyse Other stock markets 21:00:02 06/02/2026 GMT			5-day change	1st Jan Change
726.20 ^USD	+7.06%		+9.16%	+26.77%

11:12pm	Industrials Up on Mixed Earnings -- Industrials Roundup	DJ
02-06	Dow Jones Industrial Average breaks 50,000 level for first time	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	98,884	111,834	124,669	150,521	175,141	317,435	317,435	-
Change	-	13.1%	11.48%	20.74%	16.36%	81.25%	0%	-
Enterprise Value (EV) ¹	126,695	140,369	149,336	172,658	202,268	301,441	353,162	351,875
Change	-	10.79%	6.39%	15.62%	17.15%	49.03%	0.61%	-0.36%
P/E ratio	33.3x	17.5x	19x	14.7x	16.5x	30.5x	32.4x	26.8x
PBR	6.47x	6.72x	7.95x	7.74x	9.06x	12.6x	15.4x	13.5x
PEG	-	0x	2.77x	0.2x	1.72x	-2.1x	1.5x	1.3x
Capitalization / Revenue	2.37x	2.19x	2.1x	2.24x	2.7x	3.97x	4.32x	4x
EV / Revenue	3.03x	2.75x	2.51x	2.57x	3.12x	4.46x	4.81x	4.43x
EV / EBITDA	21.3x	17.7x	14.8x	11.7x	13.6x	21.8x	22.6x	19.2x
EV / EBIT	27.8x	20.4x	20.1x	13.3x	15.5x	27x	26.3x	22x
EV / FCF	23.7x	23x	23x	15.3x	20.1x	33.8x	39.9x	32.3x
FCF Yield	4.22%	4.35%	4.34%	6.54%	4.97%	2.96%	2.51%	3.09%
Dividend per Share ²	4.12	4.36	4.71	5.1	5.53	5.853	6.286	6.64
Rate of return	2.26%	2.11%	1.97%	1.72%	1.52%	0.81%	0.87%	0.91%
EPS ²	5.46	11.83	12.64	20.12	22.05	18.81	22.44	27.13
Distribution rate	75.5%	36.9%	37.3%	25.3%	25.1%	31.7%	28%	24.5%
Net sales ¹	41,748	50,971	59,427	67,060	64,809	67,589	73,491	79,384
EBITDA ¹	5,951	7,913	10,096	14,800	14,825	13,857	15,597	18,351
EBIT ¹	4,553	6,878	7,433	12,966	13,072	11,151	13,409	15,982
Net income ¹	2,998	6,489	6,705	10,335	10,792	8,884	10,530	12,312
Net Debt ¹	27,811	28,535	24,667	22,137	27,127	33,350	35,726	34,440
Reference price ²	182.02	206.74	239.56	295.67	362.76	726.20	726.20	726.20
Nbr of stocks (in thousands)	543,258	540,942	520,409	509,085	482,802	467,980	467,980	-
Announcement Date	29/01/21	28/01/22	31/01/23	05/02/24	30/01/25	29/01/26	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CATERPILLAR INC.	36.77x	5.3x	26.01x	0.86%	317B
SANY HEAVY INDUSTRY CO.,LTD	23.2x	2.28x	15.69x	2.09%	30.7B
XCMG CONSTRUCTION MACHINERY CO., LTD.	18.18x	1.57x	11.81x	2.14%	19.71B
ZOOMLION HEAVY INDUSTRY SCIENCE AND TECHNOLOGY CO., LTD.	16.67x	1.9x	14.2x	4.02%	11.43B
HD CONSTRUCTION EQUIPMENT CO., LTD.	22.19x	1.74x	26.98x	0.41%	4.16B
CHINA RAILWAY CONSTRUCTION HEAVY INDUSTRY CORPORATION LIMITED	17.03x	-	-	-	4.06B
DOOSAN BOBCAT INC.	14.32x	0.65x	5.77x	2.79%	4.03B
GUANGXI LIUGONG MACHINERY CO., LTD.	13.35x	0.88x	9.61x	2.83%	3.37B
SHANTUI CONSTRUCTION MACHINERY CO., LTD.	15.1x	-	-	-	2.8B
TAKEUCHI MFG. CO., LTD.	12x	1.21x	6.49x	2.97%	2.08B
Average	18.88x	1.94x	14.57x	2.26%	39.98B
Weighted average by Cap.	33.18x	4.63x	23.70x	1.16%