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Caterpillar (Caterpillar) EV-to-EBIT

: 15.68 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Caterpillar's Enterprise Value is $212,628 Mil. Caterpillar's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $13,561 Mil. Therefore, Caterpillar's EV-to-EBIT for today is 15.68.

The historical rank and industry rank for Caterpillar's EV-to-EBIT or its related term are showing as below:

CAT' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.04   Med: 17.24   Max: 164.96
Current: 15.68

During the past 13 years, the highest EV-to-EBIT of Caterpillar was 164.96. The lowest was 10.04. And the median was 17.24.

CAT's EV-to-EBIT is ranked worse than
67.46% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 11.38 vs CAT: 15.68

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Caterpillar's Enterprise Value for the quarter that ended in Dec. 2023 was $178,560 Mil. Caterpillar's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $13,561 Mil. Caterpillar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.59%.


Caterpillar EV-to-EBIT Historical Data

The historical data trend for Caterpillar's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Caterpillar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.44 28.19 16.03 16.72 13.17

Caterpillar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.72 15.06 13.64 13.67 13.17

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Caterpillar's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Caterpillar EV-to-EBIT Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Caterpillar's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Caterpillar's EV-to-EBIT falls into.



Caterpillar EV-to-EBIT Calculation

Caterpillar's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=212628.382/13561
=15.68

Caterpillar's current Enterprise Value is $212,628 Mil.
Caterpillar's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $13,561 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Caterpillar  (NYSE:CAT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Caterpillar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=13561/178559.79759
=7.59 %

Caterpillar's Enterprise Value for the quarter that ended in Dec. 2023 was $178,560 Mil.
Caterpillar's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $13,561 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Caterpillar EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Caterpillar's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Caterpillar (Caterpillar) Business Description

Address
5205 N. O'Connor Boulevard, Suite 100, Irving, TX, USA, 75039
Caterpillar is the premier manufacturer of heavy equipment, power solutions, and locomotives. It is currently the world's largest manufacturer of heavy equipment with over 13% market share in 2021. The company is divided into four reportable segments: construction industries, resource industries, energy and transportation, and Caterpillar Financial Services. Its products are available through a dealer network that covers the globe with about 2,700 branches maintained by 160 dealers. Caterpillar Financial Services provides retail financing for machinery and engines to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Caterpillar product sales.
Executives
Anthony D. Fassino officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Cheryl H Johnson officer: Chief Human Resources Officer 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Joseph E Creed officer: Interim CFO 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Denise C Johnson officer: Group President C/O CATERPILLAR, INCORPORATED, 901 WEST WASHINGTON, CV41110, EAST PEORIA IL 61630
Lange Bob De officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Fish James C Jr director 800 CAPITOL STREET 3000, HOUSTON TX 77002
Judith Fran Marks director C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
David Maclennan director 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Suzette M Long officer: Int. Executive Vice President 510 LAKE COOK ROAD, SUITE 100, DEERFILED IL 60015
Daniel M Dickinson director THAYER CAPITAL PARTNERS, 1455 PENNSYLVANIA AVENUE NW, STE 350, WASHINGTON DC 20004
William E Schaupp officer: Chief Accounting Officer PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Gary Michael Marvel officer: Chief Accounting Officer 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Gerald Johnson director 300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265
Ramin Younessi officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
William P Ainsworth officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD X1 60015

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