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.
DUKR
DUKE Robotics Corp.
There isn't enough reported data to score DUKR yet.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
DUKR Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Unavailable | |
| Unavailable |
DUKR's profitability is currently weak. There isn't enough data to rate its revenue, cash flow and balance sheet.
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.
DUKR PE Valuation
DUKR has no meaningful PE right now: it lost money over the past year.
CAT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for CAT, with profitability improving. However, they disagree widely on these estimates.
DUKR Forward outlook
There aren't enough analyst estimates for DUKR to show an outlook.
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 has the edge over DUKR on earnings quality, reporting a profit while its opponent remains loss making.
DUKR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.88 | -$0.38 |
| Q1 2026 | -$0.62 | +$0.13 |
| Q4 2025 | -$0.46 | +$0.04 |
| Q3 2025 | -$0.50 | -$0.15 |
| Q2 2025 | -$0.50 | -$0.08 |
| Q1 2025 | -$0.75 | -$0.58 |
| Q4 2024 | -$0.50 | -$0.33 |
| Q3 2024 | -$0.35 | -$0.28 |
DUKR is still losing money, but far less than before: $0.88 per share over the past year, against $3.75 at its worst in late 2019.
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 DUKR on profitability, with a higher operating margin.
DUKR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $149K | +4.2% |
| Q4 2025 | $18K | -50% |
| Q3 2025 | $216K | +200% |
DUKR has the edge over CAT in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -623% | -448 points |
| Q4 2025 | -2528% | -1742 points |
| Q3 2025 | -99% | +204 points |
| Q2 2025 | -175% | N/A |
| Q4 2024 | -786% | N/A |
| Q3 2024 | -303% | N/A |
| Q1 2021 | 94% | N/A |
DUKR's operating margin was −623% last quarter, up 163 points from the same quarter a year ago.
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 stronger cash trend. Its trailing FCF is up 39% versus its history, compared with DUKR at down 65%.
DUKR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$123K | +$57K |
| Q4 2024 | -$180K | -$101K |
| Q4 2023 | -$79K | +$93K |
| Q3 2023 | -$61K | +$83K |
| Q2 2023 | -$201K | +$45K |
| Q1 2023 | -$225K | -$80K |
| Q4 2022 | -$172K | -$2K |
| Q3 2022 | -$144K | +$72K |
DUKR has burned cash in almost every quarter: −$1M over the past year, against −$521,000 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 DUKR 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.
DUKR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +24% | +547K shares |
| 1 year | +29% | +634K shares |
| 3 years | +29% | +638K shares |
| 5 years | +47% | +897K shares |
| Available history | +5914% | +2.8M shares |
DUKR has 3M diluted shares, up 29% from 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.
DUKR Net Leverage
DUKR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
DUKR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 25.7 | Oversold |
| Stochastic | 10.4 | Oversold |
DUKR's weekly RSI is 26 (oversold) and its Stochastic is 10 (oversold).
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.
DUKR PE vs Industrials Sector
DUKR has no meaningful PE right now: it lost money over the past year.
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 DUKR on trend strength, trading above more of its moving averages.
DUKR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.15 | 45% below |
| 20 week MA | $4.91 | 53% below |
| 50 week MA | $6.69 | 66% below |
| 100 week MA | $6.29 | 64% below |
| 200 week MA | $4.28 | 46% below |
DUKR is in a downtrend: it's below all five of its weekly moving averages, and 46% below its 200-week average.
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 DUKR on returns for 2026, with the stronger performance.
DUKR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $337.5 | $5.40 | -98% |
| 2021 | $5.40 | $5.88 | +8.9% |
| 2022 | $5.88 | $2.97 | -49% |
| 2023 | $2.97 | $2.50 | -16% |
| 2024 | $2.50 | $3.70 | +48% |
| 2025 | $3.70 | $7.25 | +96% |
| 2026 YTD | $7.25 | $2.29 | -68% |
DUKR has finished lower in three of the last six years. It's down 68% so far in 2026.