Caterpillar Inc. (CAT) Stock Price, Fundamentals & Analysis

What CAT does

Caterpillar Inc. (CAT) is a US stock in the Industrials sector, specifically the Farm & Heavy Construction Machinery industry. It designs and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company operates through two main segments: Construction Industries, which offers machines such as asphalt pavers, excavators, loaders, and graders, and Resource Industries, which provides mining trucks, electric rope shovels, drills, and fleet management technology.

Key numbers explained

• Price: 812.02 USD is the latest trading price of one share.
• Market capitalisation: 373.27B USD is the total market value of all outstanding shares, placing CAT among the largest companies in the S&P 500.
• Trailing P/E ratio: 35 shows how much investors pay per dollar of the last 12 months' earnings; a higher number can reflect strong expected future growth.
• Forward P/E ratio: 25.1 uses expected future earnings and is often compared with the trailing P/E to see whether the market expects growth to accelerate or slow.
• Dividend yield: 0.81% is the annual dividend as a percentage of the current share price, a common way to compare income across stocks.
• Ex-dividend date: Jul 20, 2026 is the date on or after which a new buyer is no longer entitled to the next dividend payment.
• Beta: 1.59 indicates that CAT tends to move about 59% more than the overall market, a measure of price volatility.
• 52-week range: 459.58 – 1,073.46 shows the lowest and highest traded prices over the past year, giving a sense of recent price swings.
• Revenue growth: 24% year-over-year for the trailing 12 months highlights how quickly the top line has expanded.
• Return on equity: 57% measures how effectively the company generates profit from shareholders' equity.
• Debt-to-equity ratio: 232.8% means the company has more debt than equity, which is common in capital-intensive industries.

Recent news

Headlines compare CAT with Komatsu as a heavy equipment stock, note that XRX has risen 11.5% in three months, and mention Apogee's Groglass buyout. Other stories highlight Caterpillar's CEO pointing to demand beyond its 72B backlog, list CAT among dividend-paying stocks with AI exposure, and discuss natural gas ETFs amid an upgraded El Niño outlook.

What to watch

Investors often watch the heavy equipment cycle, which is tied to infrastructure spending, mining activity, and agricultural investment. Currency movements matter because CAT earns a large share of revenue abroad. Interest rates can affect equipment financing costs and the relative attractiveness of its dividend yield compared with bonds. The upcoming earnings report on Oct 29, 2026 will be a key catalyst for the stock. For broader context, peers such as Textron (TXT), L3Harris (LHX), and Otis Worldwide (OTIS) are also tracked on InvestPane.