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Caterpillar CAT Enterprise value

Enterprise value at other companies

Cummins logo
CumminsCMI
$102.43B+102%
Gencor Industries logo
Gencor IndustriesGENC
$176.56M+39.6%
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$262.88B-38.8%
Terex logo
TerexTEX
$9.09B+89.5%
Twin Disc logo
Twin DiscTWIN
$268.19M+72.8%
Deere & Company logo
Deere & CompanyDE
$196.68B+4.0%

Other financials

Income statement

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Revenue$20.5B+24.0%
Gross profit$7.8B+34.7%
Operating income$4.3B+50.2%
Net income$3.6B+64.9%
EPS (diluted)$7.77+68.2%

Balance sheet

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Cash & equivalents$6.7B+23.4%
Total debt$36.9B+14.2%
Total equity$21.3B+9.4%
Total assets$102.61B+13.6%

Cash flow

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Operating cash flow$4.4B+40.0%
CapEx$587.0M+5.8%
Free cash flow$3.8B+47.4%

Valuation

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Market cap$375.29B+84.0%
P/E34.6×+13.0×
P/S+1.8×

Profitability

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Gross margin94.2%-5.9pp
Operating margin17.5%-0.7pp
Net margin14.5%-0.4pp
FCF margin14.3%+0.1pp

Returns & leverage

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Return on equity43.5%-11.8pp
Debt / equity1.7×+0.1×
Current ratio1.4×0.0×

Where this comes from

Calculated from Caterpillar’s reported figures.

The source filing: Caterpillar’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 11:08 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000018230-26-000021

FAQ

What is Caterpillar's enterprise value?
Caterpillar (CAT) reported enterprise value of $295.04B in Q4 2025.
How has Caterpillar's enterprise value changed year-over-year?
Caterpillar's enterprise value increased by 47.1% year-over-year, from $200.59B to $295.04B.
What is the long-term trend for Caterpillar's enterprise value?
Over 5 years (2020 to 2025), Caterpillar's enterprise value has grown at a 20.2% compound annual growth rate (CAGR), from $117.73B to $295.04B.
What does enterprise value mean?
Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.

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