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 2026 · Mkt capMarket cap $13.81B · View financials
Decision snapshot: CAT stock price at premium vs TXT $822.96 current versus $295.66 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 TXT's multiple
Implied fair value · at CAT's multiple
Snapshot Sep 11, 2026, 10:05 AM ET
Metric by metric
Where each company leads, and how wide the gap is.
Higher is better
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
12 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.
Complete market value, debt and cash evidence is required for enterprise value.
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.
Textron Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
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.
DEERE & CO
CAT vs DE
CUMMINS INC
CAT vs CMI
Parker-Hannifin Corp
CAT vs PH
TEREX CORP
CAT vs TEX
AGCO CORP /DE
CAT vs AGCO
CNH Industrial N.V.
CAT vs CNHI
BOEING CO
CAT vs BA
LOCKHEED MARTIN CORP
CAT vs LMT
NORTHROP GRUMMAN CORP /DE/
CAT vs NOC
Howmet Aerospace Inc.
CAT vs HWM
CURTISS WRIGHT CORP
CAT vs CW
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 can sustain its 24.0% ROIC and premium margins without a sharp multiple reversion, then hold or accumulate selectively because the operating quality is clearly superior to TXT despite the rich valuation.
CAT trades at a large premium to TXT across earnings, sales, and enterprise-value multiples, with the comparison implying 61.5% downside to the P/E-based fair value estimate. That gap reflects CAT’s stronger margins and returns, but the current price still sits well above both the DCF range and TXT-relative implied price.
Supporting Metrics