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.
Decision snapshot: CAT stock price vs WAB: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at WAB's multiple
Needs WAB P/E.
Implied fair value · at CAT's multiple
Needs CAT P/E.
Price unavailable
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
Not comparable
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.
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.
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
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
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LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
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If you believe the market will re-rate Caterpillar toward WAB P/E (38.1x), then buy shares to capture the ~27.8% upside to the implied $840.16 price because CAT's superior margins and ROIC (Gross 38.0%, ROIC 30.3%) justify a higher earnings multiple despite short-term revenue weakness.
CAT trades at $657.36, ~27.8% below WAB-implied price of $840.16 derived from WAB multiples; the gap is driven primarily by a lower P/E (29.8x vs 38.1x) even as CAT's P/S is higher. Current price sits inside the historical band, leaving room to re-rate toward WAB-implied level but not beyond historical extremes.
Supporting Metrics