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Caterpillar CAT PEG ratio

PEG ratio at other companies

Cummins logo
CumminsCMI
0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
1.3×-0.5×
Deere & Company logo
Deere & CompanyDE
1.9×+1.7×
Wabtec logo
WabtecWAB
3.7×+2.4×
United Rentals logo
United RentalsURI
11.2×+9.9×
Generac Holdings logo
Generac HoldingsGNRC
14×+13.4×

Other financials

Income statement

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Revenue$17.4B+22.2%
Gross profit$6.1B+15.6%
Operating income$3.1B+19.6%
Net income$2.5B+27.2%
EPS (diluted)$5.47+30.2%

Balance sheet

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Cash & equivalents$4.1B+14.3%
Total assets$95.6B+12.5%

Cash flow

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Operating cash flow$1.9B+45.1%
CapEx$728.0M+2.5%
Free cash flow$1.1B+97.2%

Valuation

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Market cap$454.06B+109%
P/E48.2×+26.3×
P/S6.4×+3.0×

Profitability

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Gross margin96.6%-4.4pp
Operating margin16.5%-2.7pp
Net margin13.3%-2.4pp

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.

Based on the most recent quarter.

The official record: Caterpillar’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Caterpillar's PEG ratio?
Caterpillar (CAT) reported PEG ratio of 3.7× in Q4 2024.
How has Caterpillar's PEG ratio changed year-over-year?
Caterpillar's PEG ratio increased by 1266.5% year-over-year, from 0.3× to 3.7×.
What is the long-term trend for Caterpillar's PEG ratio?
Over 2 years (2022 to 2024), Caterpillar's PEG ratio has grown at a -8.0% compound annual growth rate (CAGR), from 6.5× to 5.5×.
What does PEG ratio mean?
The P/E ratio adjusted for how fast earnings are growing.
How do you interpret PEG ratio?
Around 1.0 is often cited as fairly valued for the growth on offer; below 1.0 can flag a growth bargain. Highly sensitive to the growth input and meaningless when growth is zero or negative.
How does PEG ratio compare across companies?
A rough cross-company growth-adjusted screen; treat as directional given its sensitivity to the (trailing) growth basis.