AMSC
American Superconductor Corporation
AMSC offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
CAT
Caterpillar Inc.
CAT has a slight edge over AMSC overall, supported by lower modeled downside and stronger modeled upside.
AMSC Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Stable | |
| Healthy |
AMSC's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
AMSC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 8.3x | $25.04 | — |
| Cheap | 9.8x | $29.65 | +18% |
| Forward | 24x | $25.04 | — |
| Fair | 51x | $154 | +514% |
| Expensive | 147x | $445 | +1676% |
Historical ranges are pointers, not guarantees.
AMSC has the edge over CAT in the historical PE scenario, which offers more potential upside but is not a forecast.
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's PE is in its expensive range at 24x. If earnings grow as analysts expect, today's price would be 20x next year's earnings, in its fair range.
AMSC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for AMSC, with profitability improving.
CAT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
CAT has the edge over AMSC on the outlook, with more favorable valuation expectations.
AMSC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.04 | -66% |
| Q3 2026 | $3.03 | +697% |
| Q2 2026 | $3.08 | +670% |
| Q1 2026 | $3.05 | +1806% |
| Q4 2025 | $2.94 | +$3.19 |
| Q3 2025 | $0.38 | +$0.75 |
| Q2 2025 | $0.40 | +$0.99 |
| Q1 2025 | $0.16 | +$0.87 |
| Q4 2024 | -$0.25 | +$0.34 |
AMSC has the edge over CAT on earnings, with more consistent year-over-year improvement.
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.
AMSC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $94M | +43% |
| Q2 2026 | $94.1M | +30% |
| Q1 2026 | $86.4M | +30% |
| Q4 2025 | $74.5M | +21% |
| Q3 2025 | $65.9M | +21% |
| Q2 2025 | $72.4M | +80% |
| Q1 2025 | $66.7M | +59% |
| Q4 2024 | $61.4M | +56% |
AMSC has the edge over CAT on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.7% | +1.2 points |
| Q2 2026 | 10% | +2.6 points |
| Q1 2026 | -0.6% | -3.1 points |
| Q4 2025 | 4.5% | +2.4 points |
| Q3 2025 | 4.5% | +5.9 points |
| Q2 2025 | 7.8% | +16 points |
| Q1 2025 | 2.5% | +7.8 points |
| Q4 2024 | 2.1% | +5.8 points |
AMSC's operating margin was 5.7% last quarter, up 1.2 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 has the edge over AMSC on profitability, with a higher operating margin.
AMSC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $5.6M | +68% |
| Q1 2026 | $7.5M | +43% |
| Q4 2025 | $2.4M | -56% |
| Q1 2025 | $5.3M | +171% |
| Q4 2024 | $5.4M | +411% |
| Q1 2024 | $1.9M | +$7.6M |
| Q4 2023 | $1M | +$7M |
| Q3 2023 | $681K | +$6.5M |
AMSC has the edge over CAT on cash flow, with more consistent year-over-year improvement.
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.
AMSC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -91K shares |
| 1 year | +25% | +9.3M shares |
| 3 years | +69% | +19.2M shares |
| 5 years | +85% | +21.6M shares |
| Available history | +122% | +25.8M shares |
AMSC has 47M diluted shares, up 25% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2026 | — |
| Q4 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
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 the edge over AMSC on shareholder dilution, with a more favorable share count trend.
| 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.
AMSC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -6.2x | Net Cash |
| Q2 2026 | -6.2x | Net Cash |
| Q1 2026 | -8.1x | Net Cash |
| Q4 2025 | -6.8x | Net Cash |
| Q3 2025 | -12.1x | Net Cash |
| Q2 2025 | -15.2x | Net Cash |
| Q1 2025 | -17.7x | Net Cash |
AMSC has the edge over CAT on leverage, with a lower net debt burden relative to earnings.
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.
AMSC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.9 | Neutral |
| Stochastic | 21.3 | Neutral |
AMSC's weekly RSI is 38 (neutral) and its Stochastic is 21 (neutral).
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).
AMSC PE vs Industrials Sector
| Metric | AMSC | Sector median | Relative |
|---|---|---|---|
| PE | 8.3x | 24x | 66% below |
| PE % | 2 | 58 | 56 pts below |
AMSC 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.
AMSC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $27.1 | 7.6% below |
| 20 week MA | $29.8 | 16% below |
| 50 week MA | $34.4 | 27% below |
| 100 week MA | $35.0 | 28% below |
| 200 week MA | $24.2 | 3.7% above |
AMSC has fallen below most of its moving averages, though it's still 3.7% above its 200-week average.
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 the edge over AMSC on trend strength, trading above more of its moving averages.
AMSC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.02 | $25.2 | +214% |
| 2021 | $25.2 | $11.7 | -54% |
| 2022 | $11.7 | $3.40 | -71% |
| 2023 | $3.40 | $11.1 | +228% |
| 2024 | $11.1 | $25.1 | +125% |
| 2025 | $25.1 | $30.6 | +22% |
| 2026 YTD | $30.6 | $25.0 | -18% |
AMSC's yearly returns have swung widely, from +228% in 2023 to −71% in 2022. It's down 18% so far in 2026.
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 the edge over AMSC on returns for 2026, with the stronger performance.