Caterpillar Inc. (CAT) PE Ratio: 45.51
Is Caterpillar Inc.’s P/E ratio high or low?
Caterpillar Inc.'s P/E ratio of 45.51 is 119% above its 5-year average of 20.78, near the high end of its 5-year range (12.41–48.04).
The P/E ratio for Caterpillar Inc. (CAT) is 45.51 as of Tuesday, June 9, 2026. It is above its 12-month average by 47.78% (30.80).
PE Ratio (45.51) = Close Price ($914.70) / Diluted TTM EPS ($20.10)
CAT PE Ratio Chart
CAT Average PE Ratio Chart
CAT Current vs Average PE Ratio Chart
CAT PE Ratio Metrics
PE RATIO
45.51
PE RATIO AVG TTM
30.80
PE RATIO AVG 3Y
21.29
PE RATIO AVG 5Y
20.78
PE RATIO AVG 10Y
49.38
PE RATIO AVG 15Y
37.79
PE RATIO AVG 20Y
32.86
CURRENT VS TTM AVG
+47.78%
CURRENT VS 3Y AVG
+113.79%
CURRENT VS 5Y AVG
+118.98%
CURRENT VS 10Y AVG
-7.83%
CURRENT VS 15Y AVG
+20.44%
CURRENT VS 20Y AVG
+38.48%
CAT Competitors' PE Ratio
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Caterpillar Inc. (CAT) | — | 45.51 | 30.80 | 21.29 | 20.78 |
| GE Aerospace (GE) | $345.25B | 40.80 | 39.17 | 31.28 | 98.57 |
| RTX Corporation (RTX) | $244.50B | 34.06 | 37.41 | 38.63 | 5104593523503911.00 |
| The Boeing Company (BA) | $169.10B | 104.13 | 60.64 | 39.54 | 35.40 |
| Union Pacific Corporation (UNP) | $161.06B | 22.35 | 20.29 | 21.14 | 21.51 |
| Eaton Corporation plc (ETN) | $155.99B | 39.27 | 36.21 | 34.85 | 32.75 |
| Deere & Company (DE) | $155.84B | 32.71 | 27.65 | 18.60 | 18.87 |
| Honeywell International Inc. (HON) | $136.68B | 30.55 | 25.48 | 24.69 | 25.65 |
| Lockheed Martin Corporation (LMT) | $122.23B | 25.67 | 26.44 | 20.94 | 20.24 |
| Parker-Hannifin Corporation (PH) | $114.18B | 33.41 | 30.78 | 28.44 | 27.28 |
P/E vs. its own history
At 45.5, P/E is richer than usual — richer than 92% of its 20-year range.
20-year low
3.9
median
16.8
20-year high
921.6
P/E Comparison
Trailing P/E
45.5
Forward P/E
37.1
Forward P/E Calculation
View All Analyst EstimatesForward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$914.70
Forward EPS (Est.)
$24.65
Forward P/E
37.11
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
Caterpillar Inc. PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Caterpillar Inc. PE Ratio FAQ
- What is the P/E ratio for Caterpillar Inc. (CAT)?
- The P/E ratio for CAT stock is 45.51.
- Is Caterpillar Inc.'s P/E ratio high or low?
- Caterpillar Inc.'s P/E ratio of 45.51 is 119% above its 5-year average of 20.78, near the high end of its 5-year range (12.41–48.04).
- What is the TTM average P/E ratio for Caterpillar Inc. (CAT)?
- The TTM average P/E ratio for CAT stock is 30.80.
- What is the 3Y average P/E ratio for Caterpillar Inc. (CAT)?
- The 3Y average P/E ratio for CAT stock is 21.29.
- What is the 5Y average P/E ratio for Caterpillar Inc. (CAT)?
- The 5Y average P/E ratio for CAT stock is 20.78.
- What is the 10Y average P/E ratio for Caterpillar Inc. (CAT)?
- The 10Y average P/E ratio for CAT stock is 49.38.
- What is the 15Y average P/E ratio for Caterpillar Inc. (CAT)?
- The 15Y average P/E ratio for CAT stock is 37.79.
- What is the 20Y average P/E ratio for Caterpillar Inc. (CAT)?
- The 20Y average P/E ratio for CAT stock is 32.86.
Caterpillar Inc. PE Ratio History
| DATE | PE RATIO |
|---|---|
| 2026-06-09 | 45.51 |
| 2026-06-08 | 45.55 |
| 2026-06-05 | 44.99 |
| 2026-06-04 | 46.79 |
| 2026-06-03 | 46.08 |
| 2026-06-02 | 45.26 |
| 2026-06-01 | 43.05 |
| 2026-05-29 | 43.58 |
| 2026-05-28 | 44.16 |
| 2026-05-27 | 45.27 |
| 2026-05-26 | 45.20 |
| 2026-05-22 | 43.78 |
| 2026-05-21 | 43.08 |
| 2026-05-20 | 43.41 |
| 2026-05-19 | 42.79 |
| 2026-05-18 | 42.98 |
| 2026-05-15 | 44.19 |
| 2026-05-14 | 45.78 |
| 2026-05-13 | 44.89 |
| 2026-05-12 | 45.38 |
| 2026-05-11 | 46.11 |
| 2026-05-08 | 44.65 |
| 2026-05-07 | 44.56 |
| 2026-05-06 | 46.10 |
| 2026-05-05 | 48.04 |
| 2026-05-04 | 46.46 |
| 2026-05-01 | 47.25 |
| 2026-04-30 | 47.27 |
| 2026-04-29 | 43.02 |
| 2026-04-28 | 43.43 |
| 2026-04-27 | 44.01 |
| 2026-04-24 | 44.12 |
| 2026-04-23 | 44.36 |
| 2026-04-22 | 42.96 |
| 2026-04-21 | 42.51 |
| 2026-04-20 | 42.40 |
| 2026-04-17 | 42.20 |
| 2026-04-16 | 41.03 |
| 2026-04-15 | 40.90 |
| 2026-04-14 | 42.18 |
| 2026-04-13 | 42.05 |
| 2026-04-10 | 41.99 |
| 2026-04-09 | 41.80 |
| 2026-04-08 | 40.98 |
| 2026-04-07 | 38.47 |
| 2026-04-06 | 38.30 |
| 2026-04-02 | 38.09 |
| 2026-04-01 | 38.78 |
| 2026-03-31 | 37.62 |
| 2026-03-30 | 35.45 |
| 2026-03-27 | 36.93 |
| 2026-03-26 | 37.34 |
| 2026-03-25 | 38.19 |
| 2026-03-24 | 38.06 |
| 2026-03-23 | 37.27 |
| 2026-03-20 | 36.16 |
| 2026-03-19 | 36.57 |
| 2026-03-18 | 36.84 |
| 2026-03-17 | 37.28 |
| 2026-03-16 | 37.16 |
| 2026-03-13 | 36.86 |
| 2026-03-12 | 37.21 |
| 2026-03-11 | 37.58 |
| 2026-03-10 | 38.06 |
| 2026-03-09 | 37.43 |
| 2026-03-06 | 36.16 |
| 2026-03-05 | 37.50 |
| 2026-03-04 | 38.87 |
| 2026-03-03 | 38.35 |
| 2026-03-02 | 39.95 |
| 2026-02-27 | 39.45 |
| 2026-02-26 | 39.99 |
| 2026-02-25 | 40.71 |
| 2026-02-24 | 40.80 |
| 2026-02-23 | 40.17 |
| 2026-02-20 | 40.35 |
| 2026-02-19 | 40.39 |
| 2026-02-18 | 39.93 |
| 2026-02-17 | 40.61 |
| 2026-02-13 | 41.12 |
| 2026-02-12 | 38.91 |
| 2026-02-11 | 39.76 |
| 2026-02-10 | 38.09 |
| 2026-02-09 | 38.08 |
| 2026-02-06 | 37.26 |
| 2026-02-05 | 34.80 |
| 2026-02-04 | 35.50 |
| 2026-02-03 | 36.06 |
| 2026-02-02 | 35.45 |
| 2026-01-30 | 33.73 |
| 2026-01-29 | 34.13 |
| 2026-01-28 | 33.01 |
| 2026-01-27 | 32.78 |
| 2026-01-26 | 32.63 |
| 2026-01-23 | 32.15 |
| 2026-01-22 | 33.27 |
| 2026-01-21 | 33.11 |
| 2026-01-20 | 32.27 |
| 2026-01-16 | 33.19 |
| 2026-01-15 | 33.21 |
| 2026-01-14 | 32.77 |
| 2026-01-13 | 32.66 |
| 2026-01-12 | 32.31 |
| 2026-01-09 | 31.69 |
| 2026-01-08 | 31.20 |
| 2026-01-07 | 30.61 |
| 2026-01-06 | 31.97 |
| 2026-01-05 | 31.61 |
| 2026-01-02 | 30.70 |
| 2025-12-31 | 29.39 |
| 2025-12-30 | 29.62 |
| 2025-12-29 | 29.69 |
| 2025-12-26 | 29.91 |
| 2025-12-24 | 29.95 |
| 2025-12-23 | 29.88 |
| 2025-12-22 | 29.88 |
| 2025-12-19 | 29.56 |
| 2025-12-18 | 29.03 |
| 2025-12-17 | 28.83 |
| 2025-12-16 | 30.22 |
| 2025-12-15 | 30.26 |
| 2025-12-12 | 30.68 |
| 2025-12-11 | 32.10 |
| 2025-12-10 | 31.57 |
| 2025-12-09 | 30.50 |
| 2025-12-08 | 30.61 |
| 2025-12-05 | 30.95 |
| 2025-12-04 | 30.74 |
| 2025-12-03 | 30.35 |
| 2025-12-02 | 29.89 |
| 2025-12-01 | 29.15 |
| 2025-11-28 | 29.54 |
| 2025-11-26 | 29.44 |
| 2025-11-25 | 29.07 |
| 2025-11-24 | 28.71 |
| 2025-11-21 | 28.24 |
| 2025-11-20 | 28.02 |
| 2025-11-19 | 28.38 |
| 2025-11-18 | 28.06 |
| 2025-11-17 | 28.32 |
| 2025-11-14 | 28.43 |
| 2025-11-13 | 28.40 |
| 2025-11-12 | 29.40 |
| 2025-11-11 | 29.14 |
| 2025-11-10 | 29.29 |
| 2025-11-07 | 28.89 |
| 2025-11-06 | 29.23 |
| 2025-11-05 | 29.20 |
| 2025-11-04 | 28.10 |
| 2025-11-03 | 29.28 |
| 2025-10-31 | 29.36 |
| 2025-10-30 | 29.66 |
| 2025-10-29 | 29.78 |
| 2025-10-28 | 26.68 |
| 2025-10-27 | 26.81 |
| 2025-10-24 | 26.59 |
| 2025-10-23 | 26.48 |
| 2025-10-22 | 26.14 |
| 2025-10-21 | 26.69 |
| 2025-10-20 | 27.02 |
| 2025-10-17 | 26.81 |
| 2025-10-16 | 27.52 |
| 2025-10-15 | 27.16 |
| 2025-10-14 | 26.83 |
| 2025-10-13 | 25.67 |
| 2025-10-10 | 24.99 |
| 2025-10-09 | 25.45 |
| 2025-10-08 | 25.54 |
| 2025-10-07 | 24.76 |
| 2025-10-06 | 25.20 |
| 2025-10-03 | 25.32 |
| 2025-10-02 | 24.95 |
| 2025-10-01 | 24.46 |
| 2025-09-30 | 24.27 |
| 2025-09-29 | 23.99 |
| 2025-09-26 | 23.69 |
| 2025-09-25 | 23.59 |
| 2025-09-24 | 23.90 |
| 2025-09-23 | 23.97 |
| 2025-09-22 | 24.01 |
| 2025-09-19 | 23.73 |
| 2025-09-18 | 23.75 |
| 2025-09-17 | 22.92 |
| 2025-09-16 | 22.41 |
| 2025-09-15 | 22.17 |
| 2025-09-12 | 21.95 |
| 2025-09-11 | 21.94 |
| 2025-09-10 | 21.51 |
| 2025-09-09 | 21.27 |
| 2025-09-08 | 21.50 |
| 2025-09-05 | 21.52 |
| 2025-09-04 | 21.37 |
| 2025-09-03 | 21.11 |
| 2025-09-02 | 21.16 |
| 2025-08-29 | 21.31 |
| 2025-08-28 | 22.12 |
| 2025-08-27 | 22.01 |
| 2025-08-26 | 21.94 |
| 2025-08-25 | 21.99 |
| 2025-08-22 | 22.16 |
| 2025-08-21 | 21.26 |
| 2025-08-20 | 21.39 |
| 2025-08-19 | 21.16 |
| 2025-08-18 | 20.99 |
| 2025-08-15 | 20.74 |
| 2025-08-14 | 21.24 |
| 2025-08-13 | 21.04 |
| 2025-08-12 | 20.99 |
| 2025-08-11 | 20.78 |
| 2025-08-08 | 21.19 |
| 2025-08-07 | 21.22 |
| 2025-08-06 | 21.76 |
| 2025-08-05 | 21.16 |
| 2025-08-04 | 21.14 |
| 2025-08-01 | 20.89 |
| 2025-07-31 | 21.35 |
| 2025-07-30 | 21.16 |
| 2025-07-29 | 20.96 |
| 2025-07-28 | 21.10 |
| 2025-07-25 | 21.14 |
| 2025-07-24 | 20.93 |
| 2025-07-23 | 20.84 |
| 2025-07-22 | 20.33 |
| 2025-07-21 | 19.98 |
| 2025-07-18 | 20.16 |
| 2025-07-17 | 20.37 |
| 2025-07-16 | 20.12 |
| 2025-07-15 | 19.72 |
| 2025-07-14 | 19.77 |
| 2025-07-11 | 19.78 |
| 2025-07-10 | 19.90 |
| 2025-07-09 | 19.60 |
| 2025-07-08 | 19.21 |
| 2025-07-07 | 19.08 |
| 2025-07-03 | 19.39 |
| 2025-07-02 | 19.42 |
| 2025-07-01 | 19.05 |
| 2025-06-30 | 18.92 |
| 2025-06-27 | 18.75 |
| 2025-06-26 | 18.61 |
| 2025-06-25 | 18.11 |
| 2025-06-24 | 18.18 |
| 2025-06-23 | 17.85 |
| 2025-06-20 | 17.57 |
| 2025-06-18 | 17.53 |
| 2025-06-17 | 17.43 |
| 2025-06-16 | 17.66 |
| 2025-06-13 | 17.40 |
| 2025-06-12 | 17.59 |
| 2025-06-11 | 17.70 |
| 2025-06-10 | 17.47 |
| 2025-06-09 | 17.45 |
| 2025-06-06 | 17.22 |
| 2025-06-05 | 17.01 |
| 2025-06-04 | 17.02 |
| 2025-06-03 | 17.03 |
| 2025-06-02 | 16.80 |
| 2025-05-30 | 16.96 |
| 2025-05-29 | 17.14 |
| 2025-05-28 | 17.03 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
Related Metrics
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.
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- CEO
- Joseph E. Creed