Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CaterpillarXSWX:CAT 81 EV-to-EBIT is 36.74 as of Jul. 15, 2026, which is 123% above its 10-year median of 16.47. GuruFocus rates XSWX:CAT with a GF Score™ of 81/100 and a GF Value™ of CHF342.85. The stock has 6 warning signs investors should review. Among 176 Farm & Heavy Construction Machinery companies, Caterpillar ranks worse than 87.5% on this metric.
The historical rank and industry rank for Caterpillar's EV-to-EBIT or its related term are showing as below:
XSWX:CAT'
s EV-to-EBIT Range Over the Past 10 Years
Min: 10.04 Med: 16.47 Max: 164.96
Current: 36.22
During the past 13 years, the highest EV-to-EBIT of Caterpillar was 164.96. The lowest was 10.04. And the median was 16.47.
XSWX:CAT's EV-to-EBIT is ranked worse than 87.5% of 176
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.04
vs XSWX:CAT: 36.22
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.
Caterpillar's Enterprise Value for the quarter that ended in Mar. 2026 was CHF282,935 Mil.
Caterpillar's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF10,135 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
Caterpillar EV-to-EBIT Historical Data
* Premium members only.
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.
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 vs Farm & Heavy Construction Machinery Industry
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's current Enterprise Value is CHF372,346 Mil.
Caterpillar's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF10,135 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 (XSWX:CAT) has a EV-to-EBIT of 36.74 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Caterpillar and its competitors. This is 123% above median its historical median of 16.47. Over the past decade, Caterpillar's EV-to-EBIT has ranged from 10.04 to 164.96. According to the industry distribution chart, Caterpillar ranks #154 out of 176 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 87.5%.
Is Caterpillar's EV-to-EBIT too high?
Caterpillar's current EV-to-EBIT of 36.74 is 123% above median its 10-year median of 16.47. Over the past 10 years, this metric has ranged from a low of 10.04 to a high of 164.96. The Farm & Heavy Construction Machinery industry median EV-to-EBIT is 13.04. Caterpillar's value of 36.74 is 181.7% above this industry median. Based on the distribution chart, Caterpillar ranks #154 out of 176 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Caterpillar has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Caterpillar's EV-to-EBIT compare to DE and PCAR?
According to the Farm & Heavy Construction Machinery industry distribution chart, Caterpillar ranks #154 out of 176 companies for EV-to-EBIT. This places Caterpillar in the lower half of its industry. The industry median EV-to-EBIT is 13.04. Caterpillar's value of 36.74 is 181.7% above this benchmark. Historically, Caterpillar's own EV-to-EBIT has ranged from 10.04 to 164.96 over the past decade. While the company's 10-year median is 16.47 vs. the industry median of 13.04, Caterpillar has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Farm & Heavy Construction Machinery company?
The median EV-to-EBIT among Farm & Heavy Construction Machinery companies is 13.04, based on 176 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Caterpillar's current EV-to-EBIT of 36.74 is 181.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Caterpillar and its competitors. For the Farm & Heavy Construction Machinery industry, the median EV-to-EBIT is 13.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caterpillar's current EV-to-EBIT is 36.74, which is 123% above median its own 10-year median of 16.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caterpillar stock overvalued right now?
Caterpillar (XSWX:CAT) has a current EV-to-EBIT of 36.74. The stock's GF Value™ is CHF342.85, compared to a current price of CHF760.20 — trading 121.7% above its estimated fair value. The current EV-to-EBIT is 36.74, which is 123% above median its 10-year median of 16.47 and 181.7% above the Farm & Heavy Construction Machinery industry median of 13.04. Caterpillar's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Caterpillar (XSWX:CAT), the current EV-to-EBIT is 36.74 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Caterpillar (XSWX:CAT) Overvalued in 2026?
Based on GuruFocus' analysis, Caterpillar stock appears to be overvalued.
The current stock price of CHF760.20 is trading 121.7% above its estimated GF Value™ of CHF342.85.
Key valuation signals for XSWX:CAT:
EV-to-EBIT: 36.74 (123% above median its 10-year median of 16.47)
GF Value™: CHF342.85 vs. price of CHF760.20 (121.7% above fair value)
Industry Position: 181.7% above the Farm & Heavy Construction Machinery median (#154 of 176)
No single metric tells the full story. See the XSWX:CAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its reporting segments are construction, resource, energy, and transportation. Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has a global reach that is approximately evenly balanced between the US and the rest of the world. Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of over 150 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.
81GF Score
Get the complete analysis for XSWX:CAT
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:CAT has been successfully added to your 
