Caterpillar Inc
—- Market cap
- —
- Debt
- —
- Cash
- −$9.98B
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $77.15B
Decision snapshot: CAT stock price near parity vs MSI $818.57 current versus $687.72 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at MSI's multiple
Implied fair value · at CAT's multiple
Snapshot Sep 11, 2026, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Lower is better
Higher P/E
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 89% equity / 11% debt · EV / Revenue 7.29x · EV proxy / EBITDA proxy 24.95x
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
CATERPILLAR INC · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Motorola Solutions, Inc. · implied price per share
Bear
$139.35
Base
$175.82
Bull
$225.01
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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CAT vs CMI
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CAT vs PH
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CAT vs TEX
AGCO CORP /DE
CAT vs AGCO
CNH Industrial N.V.
CAT vs CNHI
L3HARRIS TECHNOLOGIES, INC. /DE/
CAT vs LHX
Cisco Systems, Inc.
CAT vs CSCO
QUALCOMM Incorporated
CAT vs QCOM
JUNIPER NETWORKS INC
CAT vs JNPR
Northrop Grumman Corporation
CAT vs NOC
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe CAT’s premium multiple is justified by its stronger scale, lower leverage, and durable earnings profile, then hold or avoid shorting despite the apparent downside because the stock already trades within its historical band and quality metrics remain healthy; if you instead prioritize growth, margins, and ROIC, MSI looks better on fundamentals at a lower multiple.
CAT is priced at a meaningful premium to MSI on the earnings-based valuation implied here, with the model showing 35.3% downside to an implied price of $623.55 versus the current $963.53. That premium is only partly offset by CAT’s stronger balance sheet and scale; on multiple comparison, CAT also trades richer than MSI on P/E and EV/EBITDA.
Supporting Metrics