CAT
Caterpillar Inc.
CAT has the edge over GTEC overall, supported by lower modeled downside and stronger modeled upside.
GTEC
Greenland Technologies Holding Corporation
GTEC offers stronger valuation, 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.
GTEC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Strong |
GTEC's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
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.
GTEC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1.1x | $0.49 | — |
| Cheap | 1.7x | $0.78 | +60% |
| Fair | 5.6x | $2.56 | +423% |
| Expensive | 9.9x | $4.54 | +826% |
Historical ranges are pointers, not guarantees.
GTEC has the edge over CAT in the historical PE scenario, which offers more potential upside but is not a forecast.
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.
GTEC Forward outlook
There aren't enough analyst estimates for GTEC to show an outlook.
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.
GTEC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.46 | -53% |
| Q2 2026 | $0.58 | -3.3% |
| Q1 2026 | $0.25 | -78% |
| Q4 2025 | $0.31 | -70% |
| Q3 2025 | $0.98 | +$1.93 |
| Q2 2025 | $0.60 | +$1.57 |
| Q1 2025 | $1.14 | +$2.27 |
| Q4 2024 | $1.03 | +$2.23 |
GTEC has the edge over CAT on earnings, with more consistent year-over-year improvement.
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 GTEC on sales, with stronger typical year-over-year growth.
| 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.
GTEC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $24.9M | +6.2% |
| Q2 2026 | $29.9M | +38% |
| Q1 2026 | $25.5M | +18% |
| Q4 2025 | $23.9M | +23% |
| Q3 2025 | $23.4M | +24% |
| Q2 2025 | $21.7M | -5.6% |
| Q1 2025 | $21.7M | -4.6% |
| Q4 2024 | $19.4M | -15% |
GTEC's revenue has grown year over year for five quarters in a row: $25M last quarter, up 6.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +3.7 points |
| Q2 2026 | 20% | +31 points |
| Q1 2026 | 22% | +0.2 points |
| Q4 2025 | -0.1% | -20 points |
| Q3 2025 | 22% | +6.1 points |
| Q2 2025 | -11% | -28 points |
| Q1 2025 | 22% | +14 points |
| Q4 2024 | 19% | +9.8 points |
GTEC 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 has the edge over GTEC on cash generation, producing positive trailing cash flow while its opponent burns cash.
GTEC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$7.2M | -189% |
| Q2 2026 | $99.7K | +$1.9M |
| Q1 2026 | -$1.4M | -210% |
| Q3 2025 | $8.1M | +34% |
| Q2 2025 | -$1.8M | -116% |
| Q1 2025 | $1.2M | +$9.7M |
| Q3 2024 | $6.1M | +627% |
| Q2 2024 | $11.3M | +$15.5M |
GTEC's free cash flow was −$949,561 over the past year, against $14M 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 GTEC 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.
GTEC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +53% | +9.1M shares |
| 3 years | +95% | +12.9M shares |
| 5 years | +133% | +15.2M shares |
| Available history | +165% | +16.5M shares |
GTEC has 27M diluted shares, up 53% 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 the edge over GTEC on leverage, with a lower net debt burden relative to earnings.
GTEC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -1.0x | Net Cash |
| Q4 2025 | -0.8x | Net Cash |
| Q3 2025 | -0.3x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.3x | Net Cash |
| Q2 2024 | 1.1x | Healthy |
GTEC has more cash than debt.
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).
GTEC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.2 | Neutral |
| Stochastic | 11.2 | Oversold |
GTEC's weekly RSI is 37 (neutral) and its Stochastic is 11 (oversold).
CAT PE vs Industrials Sector
| Metric | CAT | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 24x | 1.1% below |
| PE % | 69 | 58 | 11 pts above |
CAT is trading at 24x earnings, in line with the Industrials sector's median of 24x.
GTEC PE vs Industrials Sector
| Metric | GTEC | Sector median | Relative |
|---|---|---|---|
| PE | 1.1x | 24x | 96% below |
| PE % | 7 | 58 | 51 pts below |
GTEC 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 the edge over GTEC on trend strength, trading above more of its moving averages.
GTEC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.70 | 30% below |
| 20 week MA | $0.72 | 32% below |
| 50 week MA | $0.75 | 35% below |
| 100 week MA | $1.21 | 60% below |
| 200 week MA | $1.72 | 72% below |
GTEC is in a downtrend: it's below all five of its weekly moving averages, and 72% 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 GTEC on returns for 2026, with the stronger performance.
GTEC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.23 | $8.07 | +54% |
| 2021 | $8.07 | $6.78 | -16% |
| 2022 | $6.78 | $2.12 | -69% |
| 2023 | $2.12 | $2.79 | +32% |
| 2024 | $2.79 | $2.03 | -27% |
| 2025 | $2.03 | $0.70 | -66% |
| 2026 YTD | $0.70 | $0.49 | -30% |
GTEC has finished lower in four of the last six years. It's down 30% so far in 2026.