CAT
Caterpillar Inc
NYSE: CAT · INDUSTRIALS · FARM & HEAVY CONSTRUCTION MACHINERY
$810.05
-0.96% today
Updated 2026-04-29
Market cap
$414.16B
P/E ratio
44.24
P/S ratio
6.13x
EPS (TTM)
$20.12
Dividend yield
—
52W range
$315 – $897
Volume
2.5M
Caterpillar Inc (CAT) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
5 of 8
Last 8 quarters
Avg EPS surprise
+3.1%
Last 4 quarters
Revenue YoY growth
+18.0%
Most recent quarter
EPS YoY growth
+0.4%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+4.0%
Last 3 reports
Positive reaction rate
67%
2 of 3 quarters
Largest single-day move
+11.2%
2025-10-29
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-01-29 | $5.16 | +9.6% | $643.28 | $657.36 | +2.2% |
| 2025-10-29 | $4.95 | +9.5% | $523.21 | $581.75 | +11.2% |
| 2025-08-05 | $4.62 | -3.5% | $433.70 | $427.72 | -1.4% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $4.71 | $5.16 | +9.6% | $19.13B | +18.0% |
| 2025-09-30 | $4.52 | $4.95 | +9.5% | $17.64B | +9.5% |
| 2025-06-30 | $4.79 | $4.62 | -3.5% | $16.57B | -0.7% |
| 2025-03-31 | $4.34 | $4.20 | -3.2% | $14.25B | -9.8% |
| 2024-12-31 | $5.03 | $5.14 | +2.2% | $16.21B | -5.0% |
| 2024-09-30 | $5.35 | $5.17 | -3.4% | $16.11B | -4.2% |
| 2024-06-30 | $5.54 | $5.99 | +8.1% | $16.69B | -3.6% |
| 2024-03-31 | $5.14 | $5.60 | +8.9% | $15.80B | — |
| 2023-12-31 | $4.75 | $5.23 | +10.1% | $17.07B | — |
| 2023-09-30 | $4.79 | $5.52 | +15.2% | $16.81B | — |
| 2023-06-30 | $4.58 | $5.55 | +21.2% | $17.32B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $23.08 | $74.6B | +10.4% | 19 | high |
| 2027 (E) | $28.01 | $81.1B | +8.6% | 19 | high |
| 2028 (E) | $33.80 | $87.6B | +8.0% | 19 | medium |
| 2029 (E) | $40.10 | $93.8B | +7.2% | 19 | medium |
| 2030 (E) | $45.50 | $99.7B | +6.2% | 19 | medium |
Frequently asked questions
Has Caterpillar Inc beaten earnings estimates?
Caterpillar Inc has beaten Wall Street EPS estimates in 5 of its last 8 quarterly reports, with an average EPS surprise of +3.1% over the last 4 quarters.
How does CAT stock react to earnings?
CAT stock has moved an average of +4.0% in the trading day following earnings over its last 3 reports, with positive reactions in 67% of those quarters.
What is Caterpillar Inc's revenue growth rate?
Caterpillar Inc reported year-over-year revenue growth of +18.0% in its most recent quarter, with EPS growing +0.4% year-over-year.
What is the expected EPS for CAT in 2026?
Analysts expect Caterpillar Inc to report EPS of $23.08 for fiscal year 2026, on revenue of $74.6B, based on estimates from 19 analysts.