Caterpillar Inc. (CAT) EV/EBITDA Ratio: 28.72x
Is Caterpillar Inc.’s EV/EBITDA ratio high or low?
Caterpillar Inc.'s EV/EBITDA ratio of 28.72x is 93% above its 5-year average of 14.91x, near the high end of its 5-year range (10.26x–30.80x).
As of Friday, June 12, 2026. 33.70% above its 12-month average of 21.48x.
CAT EV/EBITDA Ratio Chart
CAT Average EV/EBITDA Ratio Chart
CAT Current vs Average EV/EBITDA Ratio Chart
CAT EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
28.72x
EV/EBITDA RATIO AVG TTM
21.48x
EV/EBITDA RATIO AVG 3Y
15.60x
EV/EBITDA RATIO AVG 5Y
14.91x
EV/EBITDA RATIO AVG 10Y
15.55x
EV/EBITDA RATIO AVG 15Y
13.76x
EV/EBITDA RATIO AVG 20Y
12.84x
CURRENT VS TTM AVG
+33.70%
CURRENT VS 3Y AVG
+84.10%
CURRENT VS 5Y AVG
+92.62%
CURRENT VS 10Y AVG
+84.69%
CURRENT VS 15Y AVG
+108.66%
CURRENT VS 20Y AVG
+123.65%
CAT Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Caterpillar Inc. (CAT) | $416.71B | 28.72x | 21.48x | 15.60x | 14.91x |
| GE Aerospace (GE) | $347.68B | 30.54x | 28.47x | 20.89x | 38.37x |
| RTX Corporation (RTX) | $247.44B | 18.37x | 18.76x | 17.48x | 17.47x |
| Siemens AG (SIEGY) | $234.99B | 17.23x | 14.26x | 12.25x | 12.37x |
| The Boeing Company (BA) | $172.64B | 29.92x | 29.98x | 89.41x | 103.96x |
| Union Pacific Corporation (UNP) | $159.96B | 14.53x | 13.56x | 14.04x | 14.36x |
| Eaton Corporation plc (ETN) | $154.46B | 29.28x | 25.82x | 24.69x | 22.42x |
| Deere & Company (DE) | $153.73B | 19.32x | 16.80x | 12.91x | 13.62x |
| Honeywell International Inc. (HON) | $139.41B | 23.39x | 17.94x | 17.06x | 17.42x |
| Lockheed Martin Corporation (LMT) | $125.70B | 18.04x | 17.24x | 14.51x | 14.13x |
EV/EBITDA vs. its own history
At 28.7, EV/EBITDA is richer than usual, sitting higher than 99% of its 20-year history.
20-year low
5.0
median
11.6
20-year high
30.8
Caterpillar Inc. EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Caterpillar Inc. EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for Caterpillar Inc. (CAT)?
- The EV/EBITDA ratio for CAT stock is 28.72x.
- Is Caterpillar Inc.'s EV/EBITDA ratio high or low?
- Caterpillar Inc.'s EV/EBITDA ratio of 28.72x is 93% above its 5-year average of 14.91x, near the high end of its 5-year range (10.26x–30.80x).
- What is the TTM average EV/EBITDA ratio for Caterpillar Inc. (CAT)?
- The TTM average EV/EBITDA ratio for CAT stock is 21.48x.
- What is the 3Y average EV/EBITDA ratio for Caterpillar Inc. (CAT)?
- The 3Y average EV/EBITDA ratio for CAT stock is 15.60x.
- What is the 5Y average EV/EBITDA ratio for Caterpillar Inc. (CAT)?
- The 5Y average EV/EBITDA ratio for CAT stock is 14.91x.
- What is the 10Y average EV/EBITDA ratio for Caterpillar Inc. (CAT)?
- The 10Y average EV/EBITDA ratio for CAT stock is 15.55x.
- What is the 15Y average EV/EBITDA ratio for Caterpillar Inc. (CAT)?
- The 15Y average EV/EBITDA ratio for CAT stock is 13.76x.
- What is the 20Y average EV/EBITDA ratio for Caterpillar Inc. (CAT)?
- The 20Y average EV/EBITDA ratio for CAT stock is 12.84x.
Caterpillar Inc. EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-11 | 28.72x |
| 2026-06-10 | 27.50x |
| 2026-06-09 | 29.22x |
| 2026-06-08 | 29.25x |
| 2026-06-05 | 28.91x |
| 2026-06-04 | 29.97x |
| 2026-06-03 | 29.55x |
| 2026-06-02 | 29.07x |
| 2026-06-01 | 27.77x |
| 2026-05-29 | 28.08x |
| 2026-05-28 | 28.43x |
| 2026-05-27 | 29.08x |
| 2026-05-26 | 29.04x |
| 2026-05-22 | 28.20x |
| 2026-05-21 | 27.79x |
| 2026-05-20 | 27.98x |
| 2026-05-19 | 27.62x |
| 2026-05-18 | 27.73x |
| 2026-05-15 | 28.45x |
| 2026-05-14 | 29.38x |
| 2026-05-13 | 28.86x |
| 2026-05-12 | 29.14x |
| 2026-05-11 | 29.57x |
| 2026-05-08 | 28.71x |
| 2026-05-07 | 28.66x |
| 2026-05-06 | 29.57x |
| 2026-05-05 | 30.80x |
| 2026-05-04 | 29.86x |
| 2026-05-01 | 30.33x |
| 2026-04-30 | 30.34x |
| 2026-04-29 | 27.81x |
| 2026-04-28 | 28.06x |
| 2026-04-27 | 28.41x |
| 2026-04-24 | 28.47x |
| 2026-04-23 | 28.61x |
| 2026-04-22 | 27.78x |
| 2026-04-21 | 27.51x |
| 2026-04-20 | 27.45x |
| 2026-04-17 | 27.33x |
| 2026-04-16 | 26.63x |
| 2026-04-15 | 26.56x |
| 2026-04-14 | 27.32x |
| 2026-04-13 | 27.24x |
| 2026-04-10 | 27.20x |
| 2026-04-09 | 27.09x |
| 2026-04-08 | 26.60x |
| 2026-04-07 | 25.11x |
| 2026-04-06 | 25.01x |
| 2026-04-02 | 24.88x |
| 2026-04-01 | 25.30x |
| 2026-03-31 | 24.61x |
| 2026-03-30 | 23.31x |
| 2026-03-27 | 24.20x |
| 2026-03-26 | 24.44x |
| 2026-03-25 | 24.94x |
| 2026-03-24 | 24.87x |
| 2026-03-23 | 24.39x |
| 2026-03-20 | 23.74x |
| 2026-03-19 | 23.98x |
| 2026-03-18 | 24.14x |
| 2026-03-17 | 24.40x |
| 2026-03-16 | 24.33x |
| 2026-03-13 | 24.15x |
| 2026-03-12 | 24.36x |
| 2026-03-11 | 24.58x |
| 2026-03-10 | 24.87x |
| 2026-03-09 | 24.49x |
| 2026-03-06 | 23.74x |
| 2026-03-05 | 24.53x |
| 2026-03-04 | 25.35x |
| 2026-03-03 | 25.04x |
| 2026-03-02 | 25.99x |
| 2026-02-27 | 25.69x |
| 2026-02-26 | 26.01x |
| 2026-02-25 | 26.44x |
| 2026-02-24 | 26.49x |
| 2026-02-23 | 26.12x |
| 2026-02-20 | 26.23x |
| 2026-02-19 | 26.25x |
| 2026-02-18 | 25.98x |
| 2026-02-17 | 26.38x |
| 2026-02-13 | 26.68x |
| 2026-02-12 | 26.67x |
| 2026-02-11 | 27.21x |
| 2026-02-10 | 26.16x |
| 2026-02-09 | 26.15x |
| 2026-02-06 | 25.64x |
| 2026-02-05 | 24.10x |
| 2026-02-04 | 24.53x |
| 2026-02-03 | 24.89x |
| 2026-02-02 | 24.51x |
| 2026-01-30 | 23.43x |
| 2026-01-29 | 23.68x |
| 2026-01-28 | 22.98x |
| 2026-01-27 | 22.84x |
| 2026-01-26 | 22.74x |
| 2026-01-23 | 22.44x |
| 2026-01-22 | 23.14x |
| 2026-01-21 | 23.04x |
| 2026-01-20 | 22.52x |
| 2026-01-16 | 23.09x |
| 2026-01-15 | 23.10x |
| 2026-01-14 | 22.83x |
| 2026-01-13 | 22.76x |
| 2026-01-12 | 22.54x |
| 2026-01-09 | 22.15x |
| 2026-01-08 | 21.85x |
| 2026-01-07 | 21.47x |
| 2026-01-06 | 22.33x |
| 2026-01-05 | 22.10x |
| 2026-01-02 | 21.54x |
| 2025-12-31 | 20.72x |
| 2025-12-30 | 20.86x |
| 2025-12-29 | 20.90x |
| 2025-12-26 | 21.04x |
| 2025-12-24 | 21.06x |
| 2025-12-23 | 21.02x |
| 2025-12-22 | 21.02x |
| 2025-12-19 | 20.82x |
| 2025-12-18 | 20.49x |
| 2025-12-17 | 20.36x |
| 2025-12-16 | 21.23x |
| 2025-12-15 | 21.26x |
| 2025-12-12 | 21.52x |
| 2025-12-11 | 22.41x |
| 2025-12-10 | 22.08x |
| 2025-12-09 | 21.41x |
| 2025-12-08 | 21.47x |
| 2025-12-05 | 21.69x |
| 2025-12-04 | 21.56x |
| 2025-12-03 | 21.31x |
| 2025-12-02 | 21.02x |
| 2025-12-01 | 20.56x |
| 2025-11-28 | 20.81x |
| 2025-11-26 | 20.74x |
| 2025-11-25 | 20.51x |
| 2025-11-24 | 20.29x |
| 2025-11-21 | 19.99x |
| 2025-11-20 | 19.86x |
| 2025-11-19 | 20.08x |
| 2025-11-18 | 19.88x |
| 2025-11-17 | 20.05x |
| 2025-11-14 | 20.11x |
| 2025-11-13 | 20.09x |
| 2025-11-12 | 20.72x |
| 2025-11-11 | 20.56x |
| 2025-11-10 | 20.65x |
| 2025-11-07 | 20.40x |
| 2025-11-06 | 20.62x |
| 2025-11-05 | 20.60x |
| 2025-11-04 | 19.90x |
| 2025-11-03 | 20.64x |
| 2025-10-31 | 21.39x |
| 2025-10-30 | 21.58x |
| 2025-10-29 | 21.66x |
| 2025-10-28 | 19.66x |
| 2025-10-27 | 19.74x |
| 2025-10-24 | 19.60x |
| 2025-10-23 | 19.53x |
| 2025-10-22 | 19.31x |
| 2025-10-21 | 19.66x |
| 2025-10-20 | 19.88x |
| 2025-10-17 | 19.74x |
| 2025-10-16 | 20.20x |
| 2025-10-15 | 19.97x |
| 2025-10-14 | 19.76x |
| 2025-10-13 | 19.01x |
| 2025-10-10 | 18.57x |
| 2025-10-09 | 18.87x |
| 2025-10-08 | 18.92x |
| 2025-10-07 | 18.42x |
| 2025-10-06 | 18.70x |
| 2025-10-03 | 18.78x |
| 2025-10-02 | 18.55x |
| 2025-10-01 | 18.23x |
| 2025-09-30 | 18.11x |
| 2025-09-29 | 17.92x |
| 2025-09-26 | 17.73x |
| 2025-09-25 | 17.66x |
| 2025-09-24 | 17.86x |
| 2025-09-23 | 17.91x |
| 2025-09-22 | 17.94x |
| 2025-09-19 | 17.76x |
| 2025-09-18 | 17.77x |
| 2025-09-17 | 17.24x |
| 2025-09-16 | 16.91x |
| 2025-09-15 | 16.75x |
| 2025-09-12 | 16.61x |
| 2025-09-11 | 16.60x |
| 2025-09-10 | 16.33x |
| 2025-09-09 | 16.17x |
| 2025-09-08 | 16.32x |
| 2025-09-05 | 16.33x |
| 2025-09-04 | 16.24x |
| 2025-09-03 | 16.07x |
| 2025-09-02 | 16.10x |
| 2025-08-29 | 16.20x |
| 2025-08-28 | 16.72x |
| 2025-08-27 | 16.65x |
| 2025-08-26 | 16.60x |
| 2025-08-25 | 16.63x |
| 2025-08-22 | 16.74x |
| 2025-08-21 | 16.16x |
| 2025-08-20 | 16.25x |
| 2025-08-19 | 16.10x |
| 2025-08-18 | 15.99x |
| 2025-08-15 | 15.83x |
| 2025-08-14 | 16.15x |
| 2025-08-13 | 16.02x |
| 2025-08-12 | 15.99x |
| 2025-08-11 | 15.86x |
| 2025-08-08 | 16.12x |
| 2025-08-07 | 16.14x |
| 2025-08-06 | 16.48x |
| 2025-08-05 | 16.08x |
| 2025-08-04 | 16.06x |
| 2025-08-01 | 15.90x |
| 2025-07-31 | 16.20x |
| 2025-07-30 | 16.07x |
| 2025-07-29 | 15.94x |
| 2025-07-28 | 16.04x |
| 2025-07-25 | 16.06x |
| 2025-07-24 | 15.93x |
| 2025-07-23 | 15.87x |
| 2025-07-22 | 15.54x |
| 2025-07-21 | 15.31x |
| 2025-07-18 | 15.43x |
| 2025-07-17 | 15.57x |
| 2025-07-16 | 15.40x |
| 2025-07-15 | 15.14x |
| 2025-07-14 | 15.18x |
| 2025-07-11 | 15.18x |
| 2025-07-10 | 15.26x |
| 2025-07-09 | 15.06x |
| 2025-07-08 | 14.81x |
| 2025-07-07 | 14.72x |
| 2025-07-03 | 14.92x |
| 2025-07-02 | 14.94x |
| 2025-07-01 | 14.71x |
| 2025-06-30 | 14.62x |
| 2025-06-27 | 14.51x |
| 2025-06-26 | 14.42x |
| 2025-06-25 | 14.09x |
| 2025-06-24 | 14.14x |
| 2025-06-23 | 13.92x |
| 2025-06-20 | 13.74x |
| 2025-06-18 | 13.72x |
| 2025-06-17 | 13.65x |
| 2025-06-16 | 13.80x |
| 2025-06-13 | 13.63x |
| 2025-06-12 | 13.76x |
| 2025-06-11 | 13.83x |
| 2025-06-10 | 13.68x |
| 2025-06-09 | 13.66x |
| 2025-06-06 | 13.52x |
| 2025-06-05 | 13.38x |
| 2025-06-04 | 13.39x |
| 2025-06-03 | 13.39x |
| 2025-06-02 | 13.24x |
| 2025-05-30 | 13.35x |
Showing the most recent 260 of 5,032 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