BBCP
Concrete Pumping Holdings, Inc.
BBCP's outlook is improving despite an expensive valuation.
CAT
Caterpillar Inc.
CAT has the edge over BBCP overall, supported by stronger valuation and stronger modeled upside.
BBCP Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Under pressure |
BBCP's revenue and profitability are currently healthy, but its cash flow and balance sheet are under pressure.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
BBCP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $2.41 | -77% |
| Fair | 22x | $3.56 | -65% |
| Forward | 30x | $10.27 | — |
| Expensive | 61x | $9.69 | -5.6% |
| Current | 64x | $10.27 | — |
Historical ranges are pointers, not guarantees.
BBCP's PE is in its expensive range at 64x. If earnings grow as analysts expect, today's price would be 30x next year's earnings.
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 BBCP in the historical PE scenario, which offers more potential upside but is not a forecast.
BBCP Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for BBCP, with profitability improving.
CAT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for CAT, with profitability improving. However, they disagree widely on these estimates.
BBCP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.35 | +116% |
| Q3 2026 | $0.16 | 0% |
| Q2 2026 | $0.14 | -36% |
| Q1 2026 | $0.09 | -68% |
| Q4 2025 | $0.09 | -65% |
| Q3 2025 | $0.16 | -38% |
| Q2 2025 | $0.22 | -29% |
| Q1 2025 | $0.28 | -20% |
| Q4 2024 | $0.26 | -52% |
BBCP's earnings per share have fallen from their peak: $0.16 over the past year, against $0.57 in early 2023.
CAT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $29.73 | +17% |
| 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 has the edge over BBCP on earnings, with more consistent year-over-year improvement.
BBCP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $116.8M | +13% |
| Q2 2026 | $106.8M | +14% |
| Q1 2026 | $90.6M | +4.8% |
| Q4 2025 | $108.8M | -2.4% |
| Q3 2025 | $103.7M | -5.4% |
| Q2 2025 | $94M | -12% |
| Q1 2025 | $86.4M | -12% |
| Q4 2024 | $111.5M | -7.3% |
BBCP's revenue is growing: $117M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +0.4 points |
| Q2 2026 | 11% | +2.5 points |
| Q1 2026 | 5% | +0.9 points |
| Q4 2025 | 15% | -1.7 points |
| Q3 2025 | 12% | -2.7 points |
| Q2 2025 | 8.8% | -2.5 points |
| Q1 2025 | 4% | +2.5 points |
| Q4 2024 | 17% | +1.2 points |
BBCP's operating margin was 13% last quarter, about level with 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 has the edge over BBCP on sales, with more consistent year-over-year improvement.
| 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 BBCP on profitability, with a higher operating margin.
BBCP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.8M | -13% |
| Q2 2026 | -$2M | -118% |
| Q1 2026 | $11.9M | +6105% |
| Q4 2025 | $1.9M | -88% |
| Q3 2025 | $4.3M | -84% |
| Q2 2025 | $11.1M | +$13M |
| Q1 2025 | $191K | -92% |
| Q4 2024 | $16.1M | -17% |
BBCP still generates free cash flow, though less than at its 2023 peak: $16M over the past year.
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 has the edge over BBCP on cash flow, with more consistent year-over-year improvement.
BBCP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +93K shares |
| 1 year | -1.5% | -803K shares |
| 3 years | -5.8% | -3.1M shares |
| 5 years | -4.4% | -2.4M shares |
| Available history | -2.9% | -1.5M shares |
BBCP has 51M diluted shares, down 1.5% from a year ago, with $9M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $120,000 |
| Q2 2026 | $2.6M |
| Q1 2026 | $4.6M |
| Q4 2025 | $1.9M |
| Q3 2025 | $3.8M |
| Q2 2025 | $5.9M |
| Q1 2025 | $2.6M |
| Q4 2024 | $3M |
BBCP spent $9M buying back its own shares over the past year, down 40% from the year before.
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 BBCP 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.
BBCP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.7x | Elevated |
| Q2 2026 | 3.8x | Elevated |
| Q1 2026 | 3.8x | Elevated |
| Q4 2025 | 3.9x | Elevated |
| Q3 2025 | 3.8x | Elevated |
| Q2 2025 | 3.7x | Elevated |
| Q1 2025 | 3.1x | Elevated |
| Q4 2024 | 3.1x | Elevated |
BBCP's net debt is about 3.7 years of its operating earnings (EBITDA), about the same as 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 the edge over BBCP on leverage, with a lower net debt burden relative to earnings.
BBCP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.1 | Neutral |
| Stochastic | 56.1 | Neutral |
BBCP's weekly RSI is 57 (neutral) and its Stochastic is 56 (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).
BBCP PE vs Industrials Sector
| Metric | BBCP | Sector median | Relative |
|---|---|---|---|
| PE | 64x | 24x | 167% above |
| PE % | 85 | 58 | 27 pts above |
BBCP is trading at 64x earnings, a 167% premium to the Industrials sector's median of 24x.
CAT PE vs Industrials Sector
| Metric | CAT | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 24x | 1.1% below |
| PE % | 69 | 58 | 11 pts above |
CAT has the edge over BBCP on valuation relative to its sector.
BBCP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.68 | 6.1% above |
| 20 week MA | $9.94 | 3.3% above |
| 50 week MA | $8.50 | 21% above |
| 100 week MA | $7.59 | 35% above |
| 200 week MA | $7.39 | 39% above |
BBCP 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.
BBCP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.48 | $3.60 | -34% |
| 2021 | $3.60 | $8.22 | +128% |
| 2022 | $8.22 | $5.92 | -28% |
| 2023 | $5.92 | $8.20 | +39% |
| 2024 | $8.20 | $6.49 | -21% |
| 2025 | $6.49 | $7.06 | +8.8% |
| 2026 YTD | $7.06 | $10.3 | +45% |
BBCP 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.