Which has the lower trailing P/E, CAT or DE?

DE has the lower trailing P/E: CAT trades at 40.54 and DE at 33.58. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CAT or DE?

Over the past five years, CAT grew revenue faster — CAT at a 10.47% CAGR versus DE at 3.78%.

Does CAT or DE pay a bigger dividend?

CAT yields 0.74% and DE yields 1.09% based on trailing dividends and the latest price.

Is CAT or DE more profitable?

CAT runs the higher net margin — CAT at 13.31% versus DE at 10.21%.

How have CAT and DE total returns compared?

Over the past 10 years, CAT delivered 28.47% and DE delivered 24.44% annualized total return. Past performance doesn't predict future results.

Caterpillar Inc. (CAT) vs Deere & Company (DE)

A side-by-side comparison of Caterpillar Inc. and Deere & Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.

CAT

Caterpillar Inc.

$375.33B

$814.81IndustrialsAt close: Jul 31, 2026, 4:00 PM ET

Deere & Company

$159.98B

$592.67IndustrialsAt close: Jul 31, 2026, 4:00 PM ET

Total return — CAT vs DE

growth of $100 · dividends reinvested · last 30y

CAT +9992.8%DE +5667.2%CAT compounded faster

CAT DE

CAT vs DE: by the numbers

•CAT is the larger company ($375.33B vs $159.98B market cap).
•DE trades at the lower trailing earnings multiple (33.58 vs 40.54 P/E), one valuation lens rather than an overall verdict.
•CAT converts more revenue to profit (13.31% vs 10.21% net margin).
•CAT grew revenue faster over the past five years (10.47% vs 3.78% CAGR).
•DE pays the higher dividend yield (1.09% vs 0.74%).

Metrics side by side

Valuation

Metric	CAT	DE
P/E ratio	40.54	33.58
Forward P/E	32.88	32.76
P/S ratio	5.36	3.43
P/B ratio	20.34	5.86
PEG ratio	1.45	N/A
EV / EBITDA	29.82	19.84
FCF yield	3.02%	2.35%

Profitability

Metric	CAT	DE
Gross margin	32.52%	35.40%
Operating margin	16.56%	18.38%
Net margin	13.31%	10.21%
ROE	50.48%	17.45%
ROIC	11.42%	7.13%

Dividends

Metric	CAT	DE
Dividend yield	0.74%	1.09%
Payout ratio	31.96%	34.91%

Growth (annualized)

Metric	CAT	DE
Revenue CAGR (5Y)	10.47%	3.78%
EPS CAGR (5Y)	27.96%	-0.77%
FCF CAGR (5Y)	17.77%	-9.34%
Total return CAGR (5Y)	33.83%	11.84%

Frequently asked

Which has the lower trailing P/E, CAT or DE?: DE has the lower trailing P/E: CAT trades at 40.54 and DE at 33.58. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CAT or DE?: Over the past five years, CAT grew revenue faster — CAT at a 10.47% CAGR versus DE at 3.78%.
Does CAT or DE pay a bigger dividend?: CAT yields 0.74% and DE yields 1.09% based on trailing dividends and the latest price.
Is CAT or DE more profitable?: CAT runs the higher net margin — CAT at 13.31% versus DE at 10.21%.
How have CAT and DE total returns compared?: Over the past 10 years, CAT delivered 28.47% and DE delivered 24.44% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CAT analysis Full DE analysis Interactive comparison tool

Dig into the metrics

Caterpillar P/E ratio Deere & P/E ratio Caterpillar dividend yield Deere & dividend yield Caterpillar ROE Deere & ROE Caterpillar operating margin Deere & operating margin Caterpillar revenue growth Deere & revenue growth Caterpillar free cash flow Deere & free cash flow

Caterpillar & Deere & appear in these rankings

Highest ROE Stocks Highest 10-Year Total Return Stocks Largest Companies by Market Cap

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 1, 2026.