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Caterpillar Inc. (CAT) Enterprise Value (EV): $300.59B

The enterprise value (EV) for Caterpillar Inc. (CAT) is $300.59B as of Wednesday, June 10, 2026.

CAT Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$300.59B

CAT Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Caterpillar Inc. (CAT)$300.59B
GE Aerospace (GE)$345.25B$336.77B
RTX Corporation (RTX)$244.50B$278.08B
The Boeing Company (BA)$169.10B$209.02B
Union Pacific Corporation (UNP)$161.06B$167.60B
Eaton Corporation plc (ETN)$155.99B$134.19B
Deere & Company (DE)$155.84B$180.80B
Honeywell International Inc. (HON)$136.68B$146.76B
Lockheed Martin Corporation (LMT)$122.23B$129.26B
Parker-Hannifin Corporation (PH)$114.18B$98.79B

Enterprise Value Calculation

Market Cap

$395.52B

+

Total Debt

$43.33B

Cash

$9.98B

=

Enterprise Value

$300.59B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Caterpillar Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Caterpillar Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Caterpillar Inc. (CAT)?
The enterprise value (EV) for CAT stock is $300.59B.

About Caterpillar Inc.

Caterpillar Inc., a global enterprise founded in 1925 and headquartered in Deerfield, Illinois (having previously operated as Caterpillar Tractor Co. until its rebranding in 1986), is a premier manufacturer and vendor of heavy construction and mining equipment, diesel and natural gas power units, and industrial gas turbines across the world. The company's extensive offerings are organized into several operational divisions: Construction Industries: This segment delivers a broad spectrum of machinery for construction projects, including asphalt pavers, versatile backhoe and skid steer loaders, various sizes of excavators (from compact to heavy-duty), compactors, road-building equipment like cold planers and motorgraders, pipelayers, site preparation tractors, telehandlers, and utility vehicles, alongside a range of wheel loaders and track-type equipment. Resource Industries: Dedicated to the mining sector, this division supplies powerful equipment such as electric rope and hydraulic shovels, draglines, rotary drills, specialized hard rock vehicles, and a diverse fleet of mining, off-highway, and articulated trucks. It also offers longwall miners, wheel dozers, fleet management systems, autonomous vehicle solutions, crucial machinery components, selected work tools, and comprehensive safety and performance solutions for mining operations. Energy & Transportation: This segment focuses on power generation and propulsion systems. It provides reciprocating engines, generator sets, integrated power solutions, industrial turbines and associated services, remanufactured engines and parts, centrifugal gas compressors, and diesel-electric locomotives with related components and services. These products serve critical sectors including marine, oil and gas, industrial applications, and electric power generation. Financial Products: This segment supports customers with a variety of financial services, such as operating and finance leases, installment sale agreements, working capital loans, and wholesale financing schemes. It also offers insurance and risk management products tailored for vehicles, power generation facilities, and marine vessels. All Other: This encompassing segment is responsible for manufacturing essential consumables and components like filters, fluids, undercarriage parts, and ground engaging tools.

Irving, TX
112,900 employees
Industrials / Agricultural - Machinery
Sector
Industrials
Industry
Agricultural - Machinery
CEO
Joseph E. Creed