CAT
Caterpillar Inc.
CAT has lower modeled downside risk, despite its lower overall score.
EVI
EVI Industries, Inc.
EVI has the edge over CAT overall, supported by stronger valuation.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
EVI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
EVI's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
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 EVI in the historical PE scenario, which offers more potential upside but is not a forecast.
EVI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 20x | $21.85 | — |
| Cheap | 35x | $21.65 | -0.9% |
| Current | 36x | $21.85 | — |
| Fair | 46x | $28.17 | +29% |
| Expensive | 156x | $95.32 | +336% |
Historical ranges are pointers, not guarantees.
EVI's PE is in its cheap range at 36x. If earnings grow as analysts expect, today's price would be 20x next year's earnings.
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.
EVI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for EVI, with profitability improving.
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 earned $25.48 per share over the past year, up 31% from the year before.
EVI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.10 | +80% |
| Q3 2026 | $0.61 | +56% |
| Q2 2026 | $0.48 | -2% |
| Q1 2026 | $0.45 | -6.2% |
| Q4 2025 | $0.47 | 0% |
| Q3 2025 | $0.39 | -20% |
| Q2 2025 | $0.49 | +32% |
| Q1 2025 | $0.48 | +30% |
| Q4 2024 | $0.47 | -6% |
EVI has the edge over CAT on earnings, with stronger typical year-over-year growth.
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 EVI on profitability, with a higher operating margin.
EVI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $112.9M | +4.3% |
| Q2 2026 | $121.9M | +11% |
| Q1 2026 | $101.1M | +8.1% |
| Q4 2025 | $115.3M | +24% |
| Q3 2025 | $108.3M | +16% |
| Q2 2025 | $110M | +22% |
| Q1 2025 | $93.5M | +11% |
| Q4 2024 | $92.7M | +1.5% |
EVI's revenue has grown year over year for nine quarters in a row: $113M last quarter, up 4.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.5% | +2.2 points |
| Q2 2026 | 4.6% | +0.9 points |
| Q1 2026 | 2.2% | -0.2 points |
| Q4 2025 | 3.7% | +1.1 points |
| Q3 2025 | 3.3% | -2 points |
| Q2 2025 | 3.7% | -0.3 points |
| Q1 2025 | 2.4% | -0.4 points |
| Q4 2024 | 2.6% | -0.6 points |
EVI's operating margin was 5.5% last quarter, up 2.2 points from the same quarter a year ago, near the top of its range since 2019.
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.
EVI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.5M | +$6.4M |
| Q2 2026 | $11.5M | +39% |
| Q1 2026 | $544K | -93% |
| Q4 2025 | $2.3M | +112% |
| Q3 2025 | -$890K | +$156K |
| Q2 2025 | $8.2M | -26% |
| Q1 2025 | $8.1M | -0.4% |
| Q4 2024 | $1.1M | -86% |
EVI generated $20M in free cash flow over the past year, up 20% 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 EVI 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.
EVI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.9% | -254K shares |
| 1 year | +3.8% | +484K shares |
| 3 years | +12% | +1.4M shares |
EVI has 13M diluted shares, up 3.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | $654,000 |
| Q3 2025 | $816,000 |
| Q2 2025 | $25,000 |
| Q1 2025 | $8,000 |
| Q4 2024 | $429,000 |
| Q3 2024 | $254,000 |
| Q2 2024 | — |
| Q1 2024 | $100,000 |
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 EVI on leverage, with a lower net debt burden relative to earnings.
EVI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2026 | 1.9x | Healthy |
| Q1 2026 | 2.5x | Moderate |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 2.4x | Moderate |
| Q2 2025 | 2.2x | Moderate |
| Q1 2025 | 0.9x | Very low |
| Q4 2024 | 1.2x | Healthy |
EVI's net debt is about 2.9 years of its operating earnings (EBITDA), up from 2.4 years a year ago.
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).
EVI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.7 | Neutral |
| Stochastic | 82.3 | Overbought |
EVI's weekly RSI is 62 (neutral) and its Stochastic is 82 (overbought).
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 EVI on valuation relative to its sector.
EVI PE vs Industrials Sector
| Metric | EVI | Sector median | Relative |
|---|---|---|---|
| PE | 36x | 24x | 49% above |
| PE % | 19 | 58 | 39 pts below |
EVI is trading at 36x earnings, a 49% premium to the Industrials sector's median of 24x.
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.
EVI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.2 | 8.1% above |
| 20 week MA | $17.3 | 26% above |
| 50 week MA | $19.4 | 13% above |
| 100 week MA | $20.3 | 7.7% above |
| 200 week MA | $20.9 | 4.5% above |
EVI has the edge over CAT on trend strength, trading above more of its moving averages.
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 EVI on returns for 2026, with the stronger performance.
EVI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $28.5 | $30.0 | +5.4% |
| 2021 | $30.0 | $32.0 | +6.5% |
| 2022 | $32.0 | $22.3 | -30% |
| 2023 | $22.3 | $23.7 | +6.3% |
| 2024 | $23.7 | $17.2 | -28% |
| 2025 | $17.2 | $25.7 | +50% |
| 2026 YTD | $25.7 | $21.9 | -15% |
EVI has finished higher in four of the last six years. It's down 15% so far in 2026.