Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Caterpillar's Enterprise Value is CHF402,501 Mil.
Caterpillar's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was CHF10,135 Mil. Therefore, Caterpillar's EV-to-EBIT ratio for today is 39.71.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Caterpillar's Enterprise Value is CHF402,501 Mil.
Caterpillar's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was CHF11,985 Mil. Therefore, Caterpillar's EV-to-EBITDA ratio for today is 33.58.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Caterpillar's Enterprise Value is CHF402,501 Mil.
Caterpillar's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was CHF56,473 Mil. Therefore, Caterpillar's EV-to-Revenue ratio for today is 7.13.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Caterpillar's Enterprise Value is CHF402,501 Mil.
Caterpillar's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was CHF6,322 Mil. Therefore, Caterpillar's EV-to-FCF ratio for today is 63.67.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Caterpillar (XSWX:CAT) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Caterpillar's current Enterprise Value is CHF402,501 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.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Caterpillar's current Enterprise Value is CHF402,501 Mil.
Caterpillar's EBITDA 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 CHF11,985 Mil.
Caterpillar's current Enterprise Value is CHF402,501 Mil.
Caterpillar's Revenue 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 CHF56,473 Mil.
Caterpillar's current Enterprise Value is CHF402,501 Mil.
Caterpillar's Cash Flow from Operations 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 CHF9,848 Mil.
Caterpillar's current Enterprise Value is CHF402,501 Mil.
Caterpillar's Free Cash Flow 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 CHF6,322 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 Enterprise Value Related Terms
Caterpillar Enterprise Value Historical Data
* Premium members only.
The historical data trend for Caterpillar's Enterprise Value 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.
XSWX:CAT vs DE, PCAR, CNH: Enterprise Value Comparison
For the Farm & Heavy Construction Machinery subindustry, Caterpillar's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Caterpillar's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Caterpillar's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Caterpillar's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
What does a Enterprise Value of CHF402,501 Mil mean?
Caterpillar (XSWX:CAT) has a Enterprise Value of CHF402,501 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Caterpillar and its competitors.
Is Caterpillar's Enterprise Value too high?
Caterpillar's current Enterprise Value is CHF402,501 Mil. Overall, Caterpillar has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Caterpillar's Enterprise Value compare to DE and PCAR?
Caterpillar's Enterprise Value of CHF402,501 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Farm & Heavy Construction Machinery company?
A good Enterprise Value depends on the Farm & Heavy Construction Machinery industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Caterpillar and its competitors. Caterpillar's current Enterprise Value is CHF402,501 Mil. 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 Enterprise Value of CHF402,501 Mil. The stock's GF Value™ is CHF339.83, compared to a current price of CHF809.34 — trading 138.2% above its estimated fair value. The current Enterprise Value is CHF402,501 Mil. Caterpillar's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Caterpillar (XSWX:CAT), the current Enterprise Value is CHF402,501 Mil as of Jun. 25, 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 CHF809.34 is trading 138.2% above its estimated GF Value™ of CHF339.83.
Key valuation signals for XSWX:CAT:
Enterprise Value: CHF402,501 Mil
GF Value™: CHF339.83 vs. price of CHF809.34 (138.2% above fair value)
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.
83GF Score
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