Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
CAT · NYSE · Industrial
Fundamental quality
87
out of 100
Caterpillar Inc earns a fundamental-quality score of 87 out of 100, profiling it as a company with solid fundamentals. Its score rests mainly on its profitability (net margin 14.5%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Caterpillar is the world's largest maker of heavy construction and mining machinery: excavators, giant trucks, engines and generators. It's a very cyclical company, a thermometer of global spending on infrastructure and commodities.
EPS growth: 30.1% · Revenue growth: 11.2%
Net margin: 14.5% · ROE: 55.9% · ROIC: 20.5%
Net debt/EBITDA: 1.91x · FCF: 14.3%
Source: SEC EDGAR · TTM through 30/06/2026
The score includes +4 for dividend strength: 33 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.
The score combines growth, profitability and financial strength, and here its pillars hold up evenly.
Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 41,748 | 3,003 | 5,349 | 18,662 |
| 2021 | 50,971 | 6,489 | 6,105 | 22,183 |
| 2022 | 59,427 | 6,705 | 6,470 | 24,667 |
| 2023 | 67,060 | 10,335 | 11,288 | 22,137 |
| 2024 | 64,809 | 10,792 | 10,047 | 24,855 |
| 2025 | 67,589 | 8,884 | 8,918 | 26,230 |
Between 2020 and 2025, revenue went from $41,748M to $67,589M (+62%) and net income went from $3,003M to $8,884M (+196%). Meanwhile, its margins have widened (from 7% to 13%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Compared with the previous close (March 31, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$5.94
per share, yearly
30.9% of earnings
Payout
33 straight years raising it
Growth
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
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Is Caterpillar Inc cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Caterpillar Inc a good company to invest in?
In terms of business quality, Caterpillar Inc scores 87 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Caterpillar Inc a profitable company?
Yes. Caterpillar Inc shows a net margin of 14.5% and an ROE of 55.9%, a sign of a profitable business.
Does Caterpillar Inc have a lot of debt?
A moderate level: its net debt is 1.91 times its EBITDA.
Is Caterpillar Inc growing?
Its revenue has grown 11.2% annualized in recent years and its earnings per share 30.1%.
Does Caterpillar Inc generate cash?
Yes. It converts about 14.3% of its revenue into free cash flow, and has done so positively year after year.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Who's behind the methodology and model · how the score is computed
Data: see Caterpillar Inc's filings on EDGAR
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