Is Caterpillar Inc (CAT) overvalued? · P/E 48, rev $20.54B
Caterpillar Inc (CAT) is a farm & heavy construction machinery company listed on NYSE. It is led by Jim Umpleby.
This page asks whether Caterpillar Inc (CAT) looks expensive on cached numbers — not a short thesis.
Latest reported CAT revenue for 2026-06-30 was $20.54B. Net income was $3.59B. Revenue was up 18.0% from 2026-03-31 to 2026-06-30. CAT currently screens at market cap $440.29B and trailing P/E 47.7.
CAT currently screens at market cap $440.29B and trailing P/E 47.7. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next CAT 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the CAT stock page for the full model, not this heading.
Not investment advice.