CAT
Caterpillar Inc.
CAT has the edge over GLBS overall, supported by stronger modeled upside and lower modeled downside.
GLBS
Globus Maritime Limited
GLBS offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
GLBS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Stable |
GLBS's revenue, profitability and cash flow are currently strong, and its balance sheet is 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 GLBS in the historical PE scenario, which offers more potential upside but is not a forecast.
GLBS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 0.8x | $0.25 | -91% |
| Fair | 8.3x | $2.65 | -7.5% |
| Current | 9.1x | $2.87 | — |
| Expensive | 34x | $10.79 | +276% |
Historical ranges are pointers, not guarantees.
GLBS's PE is in its fair range at 9.1x.
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.
GLBS Forward outlook
There aren't enough analyst estimates for GLBS 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 earned $25.48 per share over the past year, up 31% from the year before.
GLBS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.32 | +$0.61 |
| Q1 2026 | $0.04 | +$0.08 |
| Q4 2025 | -$0.09 | -550% |
| Q3 2025 | -$0.22 | -257% |
| Q2 2025 | -$0.29 | -188% |
| Q1 2025 | -$0.04 | -136% |
| Q4 2024 | $0.02 | -92% |
| Q3 2024 | $0.14 | +56% |
GLBS has returned to profit: it earned $0.32 per share over the past year, after losing money the year before.
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's operating margin was 20% last quarter, up 3.1 points from the same quarter a year ago.
GLBS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $14.6M | +53% |
| Q1 2026 | $12.2M | +42% |
| Q4 2025 | $13.5M | +55% |
| Q3 2025 | $12.6M | +41% |
| Q2 2025 | $9.5M | +0.2% |
| Q1 2025 | $8.6M | +12% |
| Q4 2024 | $8.7M | +22% |
| Q3 2024 | $9M | +17% |
GLBS has the edge over CAT on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 38% | +42 points |
| Q1 2026 | 18% | +38 points |
| Q4 2025 | 19% | +29 points |
| Q3 2025 | 16% | +6.7 points |
| Q2 2025 | -4.3% | -44 points |
| Q1 2025 | -20% | -17 points |
| Q4 2024 | -10% | -20 points |
| Q3 2024 | 9% | -38 points |
GLBS has the edge over CAT on profitability, with a higher operating margin.
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.
GLBS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $3.8M | +1358% |
| Q1 2026 | $3.4M | +282% |
| Q4 2025 | $1.3M | +$35.9M |
| Q3 2025 | -$205K | +$44.2M |
| Q2 2025 | $262K | +$4.8M |
| Q1 2025 | $897K | +$19.2M |
| Q4 2024 | -$34.6M | -$31.5M |
| Q3 2024 | -$44.4M | -$31.9M |
GLBS has the edge over CAT on cash flow, with more consistent year-over-year improvement.
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 GLBS 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.
GLBS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +4.9% | +1M shares |
| 3 years | +4.9% | +1M shares |
| 5 years | +7.8% | +1.6M shares |
GLBS has 22M diluted shares, up 4.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
GLBS hasn't bought back shares in the past year.
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 GLBS on leverage, with a lower net debt burden relative to earnings.
GLBS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 3.6x | Elevated |
| Q4 2025 | 4.1x | High |
| Q3 2025 | 4.9x | High |
| Q2 2025 | 4.5x | High |
| Q1 2025 | 4.8x | High |
| Q4 2024 | 5.6x | High |
| Q3 2024 | 2.3x | Moderate |
GLBS's net debt is about 2.8 years of its operating earnings (EBITDA), down from 4.5 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).
GLBS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.8 | Neutral |
| Stochastic | 11.5 | Oversold |
GLBS's weekly RSI is 49 (neutral) and its Stochastic is 11 (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.
GLBS PE vs Industrials Sector
| Metric | GLBS | Sector median | Relative |
|---|---|---|---|
| PE | 9.1x | 24x | 62% below |
| PE % | 54 | 58 | 4 pts below |
GLBS has the edge over CAT on valuation relative to its sector.
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.
GLBS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.08 | 6.8% below |
| 20 week MA | $3.23 | 11% below |
| 50 week MA | $2.47 | 16% above |
| 100 week MA | $1.82 | 58% above |
| 200 week MA | $1.73 | 66% above |
GLBS 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 finished every year since 2020 higher, and it's up 3.8% so far in 2026.
GLBS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.0 | $6.19 | -94% |
| 2021 | $6.19 | $2.41 | -61% |
| 2022 | $2.41 | $1.19 | -51% |
| 2023 | $1.19 | $2.65 | +123% |
| 2024 | $2.65 | $1.18 | -55% |
| 2025 | $1.18 | $1.71 | +45% |
| 2026 YTD | $1.71 | $2.87 | +68% |
GLBS has the edge over CAT on returns for 2026, with the stronger performance.