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.
FLX
BingEx Limited
There isn't enough reported data to score FLX yet.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
FLX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Strong |
FLX's balance sheet is currently strong, and its revenue, profitability and cash flow 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'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.
FLX PE Valuation
FLX 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.
FLX Forward outlook
There aren't enough analyst estimates for FLX 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 FLX on earnings quality, reporting a profit while its opponent remains loss making.
FLX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.09 | +$1.59 |
| Q1 2026 | $0.50 | +$2.39 |
| Q4 2025 | $0.71 | +$2.36 |
| Q3 2025 | -$1.31 | -724% |
| Q2 2025 | -$1.68 | -722% |
| Q1 2025 | -$1.89 | -$1.89 |
| Q4 2024 | -$1.65 | -$1.43 |
| Q3 2024 | $0.21 | +$0.36 |
FLX is still losing money, but far less than before: $0.09 per share over the past year, against $1.89 at its worst in early 2025.
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 FLX 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 FLX on profitability, with a higher operating margin.
FLX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $140.7M | -8.5% |
| Q1 2026 | $140.4M | -2.7% |
| Q4 2025 | $150.3M | -2.7% |
| Q3 2025 | $150.9M | -13% |
| Q2 2025 | $153.8M | -13% |
| Q1 2025 | $144.2M | -13% |
| Q4 2024 | $154.4M | -15% |
| Q3 2024 | $173.3M | -3.3% |
FLX's revenue has slid since its 2022 peak: $141M last quarter, down 8.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 0.8% | -1.1 points |
| Q1 2026 | 1.2% | +0.1 points |
| Q4 2025 | 0.3% | +15 points |
| Q3 2025 | 1.4% | -2.6 points |
| Q2 2025 | 1.9% | -1.7 points |
| Q1 2025 | 1% | -2.4 points |
| Q4 2024 | -15% | -16 points |
| Q3 2024 | 4% | +2.6 points |
FLX's operating margin was 0.8% last quarter, down 1.1 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 edge over FLX on cash flow, with more consistent year-over-year improvement.
FLX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $14.8M | +$14.8M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | -100% |
| Q1 2025 | $0 | +$5.4M |
| Q4 2024 | $0 | -100% |
| Q3 2024 | $0 | -100% |
FLX generated $15M in free cash flow over the past year, against $0 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 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.
FLX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -101K shares |
| 1 year | -3.4% | -793K shares |
| 3 years | -6.9% | -1.7M shares |
FLX has the edge over CAT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $8.2M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
FLX spent $8M buying back its own shares over the past year, after none the year before.
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.
FLX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -16.5x | Net Cash |
| Q1 2026 | -6.3x | Net Cash |
| Q4 2025 | -4.8x | Net Cash |
| Q3 2024 | -5.5x | Net Cash |
| Q2 2024 | -6.9x | Net Cash |
| Q1 2024 | -11.1x | Net Cash |
| Q4 2023 | -37.4x | Net Cash |
| Q3 2023 | -9.3x | Net Cash |
FLX has the edge over CAT on leverage, with a lower net debt burden relative to earnings.
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).
FLX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.7 | Neutral |
| Stochastic | 53.8 | Neutral |
FLX's weekly RSI is 39 (neutral) and its Stochastic is 54 (neutral).
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.
FLX PE vs Industrials Sector
FLX 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 stronger trend alignment. CAT is above 2 of 5 weekly averages versus FLX above 1 of 4.
FLX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.43 | 2.8% above |
| 20 week MA | $1.73 | 15% below |
| 50 week MA | $2.35 | 37% below |
| 100 week MA | $3.46 | 58% below |
FLX has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 58% below its 100-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 FLX on returns for 2026, with the stronger performance.
FLX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $18.0 | $8.16 | -55% |
| 2025 | $8.16 | $3.14 | -62% |
| 2026 YTD | $3.14 | $1.47 | -53% |
FLX has finished every year since 2024 lower, and it's down 53% so far in 2026.