Key facts, as of
As of November 2, 2026, Caterpillar Inc. (CAT) trades at $616.50, up 6.8% over the past year. Its 52-week range runs from $537.08 to $1,073.46; the price is 42.6% below that high. It is 42.6% below its all-time high of $1,073.46, reached in June 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +823.3%, against +316.3% for the S&P 500 (SPY). It sits 23.9% below its 200-day average of $809.75, and its 50-day average is below the 200-day too: a downtrend on both averages. Its 30-day volatility is 44.7% annualized, which we rate high risk. It has a trailing P/E of 24.2 and a dividend yield of 1.05%. Caterpillar Inc. (CAT) has confirmed its next earnings report for January 28, 2027, before the market opens (date from Yahoo Finance, listed on our January 2027 earnings calendar).
Cite: Portfolio Terminal, "Caterpillar Inc. (CAT) stock analysis", 2026-11-02. https://portfolio-terminal.com/analyse/cat
Where it trades today
trading 15% of the way up its 52-week range
How the price has moved
How far it is from its record
Caterpillar Inc. (CAT) is 42.6% below its all-time high of $1,073.46, reached in June 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +823.3%, against +316.3% for the S&P 500 (SPY).
The read, from its own figures
What its numbers say
- CAT closes below its 50-day average ($779.08), and the 50-day sits below the 200-day ($809.75): on both averages the chart reads as a downtrend.
- At $616.50, CAT is 42.6% below its 1-year high of $1,073.46, set on June 30, 2026, and 14.8% above its 1-year low of $537.08 (November 21, 2025).
- Over the past month CAT fell 27.1%, from $845.42 to $616.50.
- CAT trades at 24.2x its last twelve months of earnings and 19.1x the next twelve months' estimate, so analysts expect earnings 26.5% higher.
- Its P/E is 14.4% below the 28.3x median of the 2 other farm & heavy construction machinery companies we track (DE, PCAR).
- CAT's 30-day volatility, 44.7% a year, works out to a typical daily move of about 2.8%.
- Yahoo Finance puts its beta at 1.64: over five years of monthly returns, CAT moved about 1.64% for each 1% move of the S&P 500.
What would change the read
- A close above the 50-day average, $779.08 (+26.4%), would turn the read to a rebound; an uptrend also needs the 50-day to climb 3.9% to cross the 200-day at $809.75.
- A close above $1,073.46 (+74.1%) would be a new 1-year high; below $537.08 (−12.9%), a new 1-year low.
How it is computed
- Prices are Yahoo Finance's daily candles for CAT, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Peers are the other companies Yahoo Finance files under farm & heavy construction machinery among the assets we track, not a full industry screen; the median counts those with a positive P/E.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for CAT by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
- Yahoo Finance quote and daily historyopen →
The candles, the averages' inputs and the quote fields used for CAT. Last refresh: Nov 2, 2026, 7:10 PM UTC.
- How Portfolio Terminal computes its figuresopen →
The methodology page behind the analytics and their refresh cadence.
- Industry classification
Yahoo Finance's industry, as stored in our list of tracked assets: Farm & Heavy Construction Machinery.
What Caterpillar Inc. does
Caterpillar Inc. provides construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in the United States and internationally. The Construction Industries segment offers asphalt pavers, cold planers, compactors, forestry machines, material handlers, motor graders, pipelayers, road reclaimers, telehandlers, track-type tractors, and track and wheel excavators; backhoe, compact track, skid steer, track-type, and wheel loaders; and related parts and work tools. Its Resource Industries segment provides electric rope and hydraulic shovels, draglines, rotary drills, hard rock vehicles, mining trucks, wheel loaders,…
Employees
118,000
Industry
Farm & Heavy Construction Machinery
Headquarters
Irving, United States
What analysts expect
CAT carries a buy consensus from 26 analysts, with an average price target of $859.53 versus $616.50 today (+39.4%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
CAT generated $77.77B in trailing revenue (17.3% year over year), with a 15.2% net margin, and $4.13B of free cash flow, against $38.10B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $67.59B | $21.48B | $11.15B | $8.88B | $18.90 | $7.45B |
| 2024 | $64.81B | $23.32B | $13.07B | $10.79B | $22.17 | $8.82B |
| 2023 | $67.06B | $23.26B | $12.97B | $10.34B | $20.24 | $9.79B |
| 2022 | $59.43B | $17.51B | $8.83B | $6.71B | $12.72 | $5.17B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
CAT is in 20 of the 54 ETFs we track. It weighs most in DIA: 8.35% of the fund, holding #2 of 30. It is XLI's largest holding.
Famous investors who hold it
CAT is in the latest 13F of 1 of the 15 famous investors we follow. Bill Gates (Gates Foundation Trust) holds the most of it: 19.6% of the portfolio, position #2 of 24, as of Q2 2026.
How its figures compare with those peers
Companies in the same industry
CAT beside the other companies Yahoo Finance files under farm & heavy construction machinery among the assets we track (DE, PCAR, largest first).
CATyou are here$616.50$283.39B
DEDeere & Company$661.73$178.42B
PCARPACCAR Inc.$103.57$54.53BWhat the chart is saying
In a downtrend, below both moving averages.
downtrend- Price is 20.9% below its 50-day average and 23.9% below its 200-day.
- The 50-day crossed below the 200-day on 2026-10-21 (a “death cross”).
- RSI at 23 is oversold: selling has been one-sided.
- The nearest ceiling is $623.38 (+1.1%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
How is CAT valued right now?
Caterpillar Inc. trades at 24.2 times its last twelve months of earnings and 19.1 times the next twelve months' estimate (Yahoo Finance, November 2, 2026). On the chart: in a downtrend, below both moving averages. Price is 20.9% below its 50-day average and 23.9% below its 200-day.
What is the risk level of CAT?
Based on 30-day volatility of 44.7%, CAT has HIGH risk. Its beta of 1.64 means it has swung more than the S&P 500 over the last five years.
Does CAT pay dividends?
Yes, Caterpillar Inc. has a dividend yield of 1.05%.
How far is CAT from its all-time high?
Caterpillar Inc. is 42.6% below its all-time high of $1,073.46, reached in June 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +823.3%, against +316.3% for the S&P 500 (SPY).
When does Caterpillar Inc. report earnings?
Caterpillar Inc. (CAT) reports its next quarterly earnings on Thursday, January 28, 2027, before the market opens. The company has confirmed the date; it comes from Yahoo Finance's earnings data and is listed on the Portfolio Terminal January 2027 earnings calendar. For that quarter, the analysts' consensus Yahoo Finance reports is earnings of $6.52 per share.
Which ETFs hold CAT?
20 of the 54 popular ETFs we track hold Caterpillar Inc.. The largest weights: DIA (8.35%), XLI (6.29%), VIG (1.65%), VYM (1.56%) and VTV (1.41%). Measured on each issuer's full holdings file, dated September 30 to October 18, 2026.
How much of VOO is CAT?
0.57%, as of September 30, 2026: CAT is holding #28 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $5.66 in Caterpillar Inc..
Which famous investors own CAT?
Bill Gates (19.6% of Gates Foundation Trust's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
What is the analyst price target for CAT?
The average analyst price target for Caterpillar Inc. (CAT) is $859.53 based on 26 analyst estimates, about 39.4% above the current price of $616.50. The published range runs from $575.00 to $1150.00.
How much revenue does CAT generate?
Caterpillar Inc. reported $77.77B in trailing twelve-month revenue. Revenue growth is running at 17.3% year over year. Net margin sits at 15.2%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare CAT with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.