AER
AerCap Holdings N.V.
There isn't enough reported data to score AER yet.
CAT
Caterpillar Inc.
CAT's fundamentals are strong, but it looks expensive: trading at 24x earnings, above its usual 18x. Analysts expect strong earnings growth, though they disagree widely on how much.
AER Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| Unavailable | |
| Weak |
AER's profitability is currently strong, but its balance sheet is weak. There isn't enough data to rate its revenue and cash flow.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
AER PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.8x | $123 | -30% |
| Fair | 7x | $150 | -15% |
| Current | 8.3x | $176 | — |
| Expensive | 8.4x | $178 | +1.1% |
| Forward | 9.4x | $176 | — |
Historical ranges are pointers, not guarantees.
AER's PE is 8.3x, but its earnings don't support one, so it isn't a reliable read right now.
CAT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $380 | -37% |
| Fair | 18x | $461 | -24% |
| Forward | 20x | $605 | — |
| Current | 24x | $605 | — |
| Expensive | 33x | $840 | +39% |
Historical ranges are pointers, not guarantees.
CAT has the edge over AER in the historical PE scenario, which offers more potential upside but is not a forecast.
AER Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect AER's earnings to grow and its profitability to improve, with its revenue holding steady.
CAT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
CAT has the edge over AER on the outlook, with more favorable revenue expectations.
AER Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $18.70 | -12% |
| Q4 2025 | $21.30 | +97% |
| Q2 2025 | $16.00 | +5.4% |
| Q4 2024 | $10.79 | -22% |
| Q2 2024 | $15.18 | +95% |
| Q4 2023 | $13.78 | +$16.80 |
| Q2 2023 | $7.80 | +$11.69 |
| Q4 2022 | -$3.02 | -145% |
| Q2 2022 | -$3.89 | -$1.17 |
AER has the edge over CAT in the latest year-over-year earnings comparison.
CAT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $30.32 | +19% |
| Q3 2026 | $25.48 | +31% |
| Q2 2026 | $23.23 | +18% |
| Q1 2026 | $20.08 | -2% |
| Q4 2025 | $18.81 | -15% |
| Q3 2025 | $19.46 | -9.7% |
| Q2 2025 | $19.64 | -10% |
| Q1 2025 | $20.50 | -7.4% |
| Q4 2024 | $22.05 | +9.6% |
CAT earned $25.48 per share over the past year, up 31% from the year before.
AER Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $4.6B | +13% |
| Q2 2025 | $4B | -0.3% |
| Q4 2024 | $4B | +6.1% |
| Q2 2024 | $4B | +4.9% |
| Q4 2023 | $3.8B | +6.7% |
| Q2 2023 | $3.8B | +9.5% |
| Q4 2022 | $3.6B | +23% |
| Q2 2022 | $3.5B | +49% |
AER has the edge over CAT in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | 44% | -16 points |
| Q2 2025 | 53% | +26 points |
| Q4 2024 | 28% | +1.8 points |
| Q2 2024 | 29% | +85 points |
| Q4 2023 | 60% | +39 points |
| Q2 2023 | 27% | +2.7 points |
| Q4 2022 | 26% | +71 points |
| Q2 2022 | -56% | -80 points |
AER's operating margin was 44% last quarter, down 16 points from the same quarter a year ago.
CAT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.7B | +17% |
| Q2 2026 | $20.5B | +24% |
| Q1 2026 | $17.4B | +22% |
| Q4 2025 | $19.1B | +18% |
| Q3 2025 | $17.6B | +9.5% |
| Q2 2025 | $16.6B | -0.7% |
| Q1 2025 | $14.2B | -9.8% |
| Q4 2024 | $16.2B | -5% |
CAT's revenue has grown year over year for five quarters in a row: $20.7B last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +3.1 points |
| Q2 2026 | 21% | +3.6 points |
| Q1 2026 | 18% | -0.4 points |
| Q4 2025 | 14% | -4.1 points |
| Q3 2025 | 17% | -2.2 points |
| Q2 2025 | 17% | -3.6 points |
| Q1 2025 | 18% | -4.2 points |
| Q4 2024 | 18% | -0.3 points |
CAT's operating margin was 20% last quarter, up 3.1 points from the same quarter a year ago.
AER Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2013 | -$1.1B | -$693.7M |
| Q4 2012 | -$394.2M | -$252.6M |
| Q4 2011 | -$141.6M | +$1.2B |
AER and CAT do not have enough comparable growth data to identify a winner.
CAT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +19% |
| Q2 2026 | $3.8B | +47% |
| Q1 2026 | $1.1B | +97% |
| Q4 2025 | $2.7B | +0.1% |
| Q3 2025 | $3.1B | -1.5% |
| Q2 2025 | $2.6B | -4.2% |
| Q1 2025 | $579M | -63% |
| Q4 2024 | $2.7B | -22% |
CAT generated $11.3B in free cash flow over the past year, up 26% from the year before.
AER Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.7% | -4.9M shares |
| 1 year | -23% | -51.5M shares |
| 3 years | +27% | +37.7M shares |
| 5 years | +20% | +29.5M shares |
AER has the edge over CAT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2012 | $320.1M |
| Q4 2011 | $100M |
CAT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -1.6M shares |
| 1 year | -2.1% | -9.9M shares |
| 3 years | -10% | -51.7M shares |
| 5 years | -16% | -86.7M shares |
| Available history | -19% | -107M shares |
CAT has 461M diluted shares, down 2.1% from a year ago, with $8.1B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.2B |
| Q2 2026 | $1.5B |
| Q1 2026 | $5B |
| Q4 2025 | $340M |
| Q3 2025 | $362M |
| Q2 2025 | $828M |
| Q1 2025 | $3.7B |
| Q4 2024 | $640M |
CAT spent $8.1B buying back its own shares over the past year, up 47% from the year before.
AER Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2025 | 6.3x | High |
| Q2 2025 | 7.4x | High |
| Q4 2024 | 9.1x | High |
| Q2 2024 | 7.5x | High |
| Q4 2023 | 7.8x | High |
| Q2 2023 | 10.4x | High |
| Q4 2022 | 32.4x | High |
| Q2 2022 | 55.9x | High |
AER's net debt is about 6.3 years of its operating earnings (EBITDA), down from 7.8 years a year ago.
CAT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | 2.0x | Healthy |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | 1.6x | Healthy |
CAT has more cash than debt.
AER Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 74.3 | Overbought |
| Stochastic | 95.0 | Overbought |
AER's weekly RSI is 74 (overbought) and its Stochastic is 95 (overbought).
CAT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.7 | Neutral |
| Stochastic | 6.7 | Oversold |
CAT's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).
AER PE vs Industrials Sector
| Metric | AER | Sector median | Relative |
|---|---|---|---|
| PE | 8.3x | 24x | 66% below |
| PE % | 82 | 58 | 24 pts above |
AER has the edge over CAT on valuation relative to its sector.
CAT PE vs Industrials Sector
| Metric | CAT | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 24x | 1.3% below |
| PE % | 69 | 58 | 11 pts above |
CAT is trading at 24x earnings, in line with the Industrials sector's median of 24x.
AER Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $154.3 | 14% above |
| 20 week MA | $150.4 | 17% above |
| 50 week MA | $145.4 | 21% above |
| 100 week MA | $128.3 | 37% above |
| 200 week MA | $101.9 | 73% above |
AER has the edge over CAT on trend strength, trading above more of its moving averages.
CAT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $709.0 | 15% below |
| 20 week MA | $797.0 | 24% below |
| 50 week MA | $771.3 | 22% below |
| 100 week MA | $586.7 | 3.2% above |
| 200 week MA | $443.1 | 37% above |
CAT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 37% above its 200-week average.
AER Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $61.7 | $43.5 | -29% |
| 2021 | $43.5 | $64.0 | +47% |
| 2022 | $64.0 | $56.7 | -11% |
| 2023 | $56.7 | $74.3 | +31% |
| 2024 | $74.3 | $95.5 | +28% |
| 2025 | $95.5 | $144.8 | +52% |
| 2026 YTD | $144.8 | $176.0 | +22% |
AER has the edge over CAT on returns for 2026, with the stronger performance.
CAT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $148.3 | $179.6 | +21% |
| 2021 | $179.6 | $206.2 | +15% |
| 2022 | $206.2 | $239.9 | +16% |
| 2023 | $239.9 | $295.7 | +23% |
| 2024 | $295.7 | $364.9 | +23% |
| 2025 | $364.9 | $583.0 | +60% |
| 2026 YTD | $583.0 | $605.3 | +3.8% |
CAT has finished every year since 2020 higher, and it's up 3.8% so far in 2026.