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Caterpillar Inc Stock Research

CAT

218.71USD+1.45(+0.67%)Market Closed

Market Summary

USD218.71+1.45
Market Closed
0.67%

CAT Alerts

CAT Stock Price

CAT RSI Chart

CAT Valuation

Market Cap

114.8B

Price/Earnings (Trailing)

17.13

Price/Sales (Trailing)

1.93

EV/EBITDA

9.83

Price/Free Cashflow

17.75

CAT Price/Sales (Trailing)

CAT Profitability

Operating Margin

30.42%

EBT Margin

14.73%

Return on Equity

42.19%

Return on Assets

8.18%

Free Cashflow Yield

5.63%

CAT Fundamentals

CAT Revenue

Revenue (TTM)

59.4B

Revenue Y/Y

20.29%

Revenue Q/Q

10.69%

CAT Earnings

Earnings (TTM)

6.7B

Earnings Y/Y

-31.42%

Earnings Q/Q

-28.73%

Price Action

52 Week Range

159.53266.04
(Low)(High)

Last 7 days

-12.6%

Last 30 days

-12.4%

Last 90 days

-5.8%

Trailing 12 Months

2.2%

CAT Financial Health

Current Ratio

1.39

CAT Investor Care

Dividend Yield

2.15%

Dividend/Share (TTM)

4.71

Buy Backs (1Y)

3.49%

Diluted EPS (TTM)

12.64

Peers (Alternatives to Caterpillar)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
114.8B
59.4B
-12.45% 2.23%
17.13
1.93
16.59% 3.25%
70.3B
15.9B
-4.56% 11.77%
23.16
4.41
10.22% 12.62%
21.7B
5.9B
-7.82% 9.45%
35.84
3.66
14.83% 7.50%
20.1B
8.5B
-9.87% -7.45%
18.83
2.36
7.60% -5.20%
17.5B
5.5B
-9.89% 14.00%
49.32
3.17
6.29% -16.86%
MID-CAP
6.8B
3.0B
-14.00% 4.81%
18.5
2.27
8.05% 16.03%
5.7B
4.5B
-8.08% 29.59%
14.09
1.28
8.80% 10.38%
4.1B
3.6B
-13.45% -3.25%
21.49
1.12
2.09% 49.85%
2.1B
1.5B
7.36% 16.17%
20.61
1.39
13.45% 27.02%
SMALL-CAP
1.5B
704.6M
-12.58% -3.22%
20.25
2.18
6.02% 74.71%
897.7M
1.0M
-11.61% -5.12%
-9.0K
897.72
-99.91% -100.63%
728.3M
616.1M
-19.70% -3.14%
18.86
1.18
13.78% 25.80%

Financials for Caterpillar

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.9%59,42756,62854,03152,67350,971
  S&GA Expenses1.0%5,6515,5945,5335,4725,365
  R&D Expenses-2.1%1,8141,8521,8031,7691,686
EBITDA-4.3%10,97111,46210,72110,52910,556
EBITDA Margin-8.8%0.18*0.20*0.20*0.20*0.21*
Earnings Before Taxes-5.0%8,7529,2158,4328,2068,204
EBT Margin-9.5%0.15*0.16*0.16*0.16*0.16*
Net Income-9.0%6,7047,3706,7586,4996,493
Net Income Margin-13.3%0.11*0.13*0.13*0.12*0.13*
Free Cahsflow25.6%6,4705,1514,4384,3966,105
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.3%81,94380,90781,10782,27682,793
  Current Assets2.8%43,78542,57741,98242,57043,455
    Cash Equivalents10.4%7,0046,3466,0146,5269,254
  Inventory-3.5%16,27016,86015,88115,03814,038
  Net PPE3.3%12,02811,64311,74411,93212,090
  Goodwill-13.2%5,2886,0926,1956,2936,324
Liabilities1.2%66,05265,28565,34865,17966,277
  Current Liabilities4.4%31,53130,20228,96329,53229,847
.    Short Term Borrowings10.2%5,9575,404---
Shareholder's Equity1.7%15,89115,62215,75917,09716,516
  Retained Earnings0.5%43,51443,30441,26340,82039,282
Shares Outstanding-1.1%525531535--
Minority Interest-29.0%22.0031.0032.0032.0032.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations20.6%7,7666,4395,6985,5837,198
  Share Based Compensation-1.8%216220223--
Cashflow From Investing5.5%-2,541-2,690-3,255-3,920-3,084
Cashflow From Financing-8.0%-7,281-6,744-7,223-6,449-4,188
  Dividend Payments0.9%2,4402,4192,3932,3652,332
  Buy Backs-2.9%4,2304,3554,3413,4882,668

Risks for CAT

What is the probability of a big loss on CAT?

65.4%


Probability that Caterpillar stock will be more than 20% underwater in next one year

23.5%


Probability that Caterpillar stock will be more than 30% underwater in next one year.

0%


Probability that Caterpillar stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CAT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Caterpillar was unfortunately bought at previous high price.

Drawdowns

Returns for CAT

Cumulative Returns on CAT

12.4%


10-Year Cumulative Returns

19.6%


7-Year Cumulative Returns

9.4%


5-Year Cumulative Returns

32.6%


3-Year Cumulative Returns

What are the long-term rolling returns for CAT?

FIve years rolling returns for Caterpillar.

Annualized Returns

Which funds bought or sold CAT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-0.98
1,777,540
5,768,540
0.16%
2023-03-13
Claro Advisors LLC
new
-
236,930
236,930
0.08%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
4.13
23,894,200
69,821,200
0.08%
2023-03-10
MATHER GROUP, LLC.
reduced
-4.53
183,548
650,548
0.01%
2023-03-08
Capital Asset Advisory Services LLC
added
4.86
798,086
2,220,090
0.18%
2023-03-07
Great Lakes Retirement, Inc.
new
-
856,899
856,899
0.22%
2023-03-06
Rockefeller Capital Management L.P.
added
3.95
17,430,000
51,096,000
0.26%
2023-03-06
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
added
0.09
4,302,770
13,629,800
5.17%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
reduced
-10.43
82,709
349,709
0.02%
2023-03-03
TIAA, FSB
added
1.51
1,756,780
5,403,780
0.02%

1–10 of 47

Latest Funds Activity

Are funds buying CAT calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CAT
No. of Funds

Caterpillar News

MarketWatch

Baker Hughes Co. stock falls Wednesday, underperforms market.

MarketWatch,
12 hours ago

Investopedia

Investor's Business Daily

Investor's Business Daily

CAT Stock Option Trade Could Return 18%.

Investor's Business Daily,
2 days ago

The Motley Fool

Schedule 13G FIlings of Caterpillar

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital world investors
5.6%
29,381,792
SC 13G
Feb 09, 2023
vanguard group inc
9.36%
48,701,582
SC 13G/A
Feb 09, 2023
state street corp
7.66%
39,841,238
SC 13G/A
Jan 31, 2023
blackrock inc.
7.0%
36,459,646
SC 13G/A
Feb 11, 2022
state street corp
7.59%
41,036,149
SC 13G/A
Feb 09, 2022
vanguard group inc
8.79%
47,559,902
SC 13G/A
Feb 01, 2022
blackrock inc.
6.7%
36,502,143
SC 13G/A
Feb 12, 2021
state street corp
7.63%
41,449,959
SC 13G
Feb 10, 2021
vanguard group inc
8.50%
46,200,532
SC 13G/A
Jan 29, 2021
blackrock inc.
6.6%
35,608,592
SC 13G/A

CAT Fair Value

Caterpillar fair value in different scenarios

The table shows the Fair Value estimates for Caterpillar for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

124.09

-43.26%

176.03

-19.51%

261.33

19.49%

340.54

55.70%

430.48

96.83%
Current Inflation

93.41

-57.29%

113.36

-48.17%

157.29

-28.08%

240.94

10.16%

304.33

39.15%
Very High Inflation

105.90

-51.58%

137.55

-37.11%

192.32

-12.07%

245.29

12.15%

303.54

38.79%

Historical Caterpillar Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Caterpillar

View All Filings
Date Filed Form Type Document
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading

Latest Insider Trading transactions for CAT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-02
BONFIELD ANDREW R J
acquired
2,946,920
127
23,095
chief financial officer
2023-03-02
BONFIELD ANDREW R J
sold (taxes)
-4,052,780
249
-16,256
chief financial officer
2023-02-17
MacLennan David
bought
99,716
249
400
-
2023-02-09
Long Suzette M
sold
-2,008,290
251
-8,000
clo/general counsel
2023-02-07
BONFIELD ANDREW R J
sold (taxes)
-1,324,970
248
-5,328
chief financial officer
2023-02-07
Johnson Denise C
sold (taxes)
-1,512,720
248
-6,083
group president
2023-02-07
Long Suzette M
acquired
-
-
13,359
chief legal officer
2023-02-07
Long Suzette M
sold (taxes)
-1,305,070
248
-5,248
chief legal officer
2023-02-07
Umpleby III Donald J
sold (taxes)
-5,216,810
248
-20,978
chief executive officer
2023-02-07
Umpleby III Donald J
acquired
-
-
49,260
chief executive officer

1–10 of 50

Donald J. Umpleby
65535
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines worldwide. Its Construction Industries segment offers asphalt pavers, backhoe loaders, compactors, cold planers, compact track and multi-terrain loaders, excavators, motorgraders, pipelayers, road reclaimers, site prep tractors, skid steer loaders, telehandlers, and utility vehicles; mini, small, medium, and large excavators; compact, small, and medium wheel loaders; track-type tractors and loaders; and wheel excavators. The Resource Industries segment provides electric rope shovels, draglines, hydraulic shovels, rotary drills, hard rock vehicles, track-type tractors, mining trucks, longwall miners, wheel loaders, off-highway trucks, articulated trucks, wheel tractor scrapers, wheel dozers, fleet management, landfill compactors, soil compactors, machinery components, autonomous ready vehicles and solutions, select work tools, and safety services and mining performance solutions. The Energy & Transportation segment offers reciprocating engines, generator sets, integrated systems and solutions, turbines and turbine-related services, remanufactured reciprocating engines and components, centrifugal gas compressors, diesel-electric locomotives and components, and other rail-related products and services for marine, oil and gas, industrial, and electric power generation sectors. The company's Financial Products segment provides operating and finance leases, installment sale contracts, working capital loans, and wholesale financing plans; and insurance and risk management products for vehicles, power generation facilities, and marine vessels. The All Other operating segment manufactures filters and fluids, undercarriage, ground engaging tools, etc. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Deerfield, Illinois.

CAT Income Statement

2022-12-31
Consolidated Results of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Sales and revenues:   
Sales and revenues$ 59,427$ 50,971$ 41,748
Operating costs:   
Cost of goods sold41,35035,51329,082
Selling, general and administrative expenses5,6515,3654,642
Research and development expenses1,8141,6861,415
Goodwill impairment charge92500
Other operating (income) expenses1,2181,0741,467
Total operating costs51,52344,09337,195
Operating profit7,9046,8784,553
Other income (expense)1,2911,814(44)
Consolidated profit before tax8,7528,2043,995
Provision (benefit) for income taxes2,0671,7421,006
Profit (loss) of consolidated companies6,6856,4622,989
Equity in profit (loss) of unconsolidated affiliated companies193114
Profit (loss) of consolidated and affiliated companies6,7046,4933,003
Less: Profit (loss) attributable to noncontrolling interests(1)45
Profit (loss)[1]$ 6,705$ 6,489$ 2,998
Profit (loss) per common share$ 12.72$ 11.93$ 5.51
Profit (loss) per common share - diluted[2]$ 12.64$ 11.83$ 5.46
Weighted-average common shares outstanding (millions)   
Basic526.9544.0544.1
Diluted[2]530.4548.5548.6
Machinery, Energy & Transportation   
Sales and revenues:   
Sales and revenues$ 56,574$ 48,188$ 39,022
Financial Products   
Sales and revenues:   
Sales and revenues2,8532,7832,726
Operating costs:   
Interest Expense of Financial Products565455589
All other excluding Financial Products   
Operating costs:   
Interest Expense excluding Financial Products$ 443$ 488$ 514
[1]Profit attributable to common shareholders.
[2]Diluted by assumed exercise of stock-based compensation awards using the treasury stock method.

CAT Balance Sheet

2022-12-31
Consolidated Financial Position - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 7,004$ 9,254
Receivables - trade and other8,8568,477
Receivables - finance9,0138,898
Prepaid Expense and Other Assets, Current2,6422,788
Inventories16,27014,038
Total current assets43,78543,455
Property, Plant and Equipment, Net12,02812,090
Long-term receivables - trade and other1,2651,204
Long-term receivables - finance12,01312,707
Noncurrent deferred and refundable income taxes2,2131,840
Intangible assets7581,042
Goodwill5,2886,324
Other assets4,5934,131
Segment assets81,94382,793
Short-term borrowings:  
Short-term borrowings5,9575,404
Accounts payable8,6898,154
Accrued expenses4,0803,757
Accrued wages, salaries and employee benefits2,3132,242
Customer advances1,8601,087
Dividends payable620595
Other current liabilities2,6902,256
Long-term debt due within one year:  
Total current liabilities31,53129,847
Long-term debt due after one year:  
Liability for postemployment benefits4,2035,592
Other liabilities4,6044,805
SPC liabilities in consolidated statement66,05266,277
Shareholders' equity  
Authorized shares: 2,000,000,000 Issued shares: (2022 and 2021 – 814,894,624 shares) at paid-in amount6,5606,398
Treasury stock: (2022 - 298,549,134 shares; and 2021 - 279,006,573 shares) at cost(31,748)(27,643)
Profit employed in the business43,51439,282
Accumulated other comprehensive income (loss)(2,457)(1,553)
Noncontrolling interests2232
Total stockholders' equity15,89116,516
Total liabilities and stockholders' equity$ 81,943$ 82,793
Common Stock, par value (in dollars per share)$ 1.00 
Common Stock, Authorized shares2,000,000,0002,000,000,000
Common Stock, Issued shares814,894,624814,894,624
Treasury Stock, shares298,549,134279,006,573
Machinery, Energy & Transportation  
Short-term borrowings:  
Short-term borrowings$ 3$ 9
Long-term debt due within one year:  
Long-term Debt and Lease Obligation, Current12045
Long-term debt due after one year:  
Long-term Debt and Lease Obligation9,4989,746
Financial Products  
Short-term borrowings:  
Short-term borrowings5,9545,395
Long-term debt due within one year:  
Long-term Debt and Lease Obligation, Current5,2026,307
Long-term debt due after one year:  
Long-term Debt and Lease Obligation$ 16,216$ 16,287