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.
ITG
ITG Inc.
There isn't enough reported data to score ITG yet.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
ITG Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Strong |
ITG's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
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.
ITG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1,205x | $5.30 | — |
| Cheap | N/A | N/A | N/A |
| Fair | N/A | N/A | N/A |
| Expensive | N/A | N/A | N/A |
Historical ranges are pointers, not guarantees.
ITG 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 | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for CAT, with profitability improving. However, they disagree widely on these estimates.
ITG Forward outlook
There aren't enough analyst estimates for ITG 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 stronger earnings trend. Trailing diluted EPS is up 31% for CAT versus ITG down 98%.
ITG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2018 | $0.02 | +$1.21 |
| Q3 2018 | -$0.03 | +$0.92 |
| Q2 2018 | -$1.45 | -$1.20 |
| Q1 2018 | -$1.22 | -$0.67 |
| Q4 2017 | -$1.19 | -$0.40 |
| Q3 2017 | -$0.95 | -168% |
| Q2 2017 | -$0.25 | -111% |
| Q1 2017 | -$0.55 | -127% |
ITG has returned to profit: it earned $0.02 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% |
ITG has the stronger quarterly revenue trend. Revenue is up 17% for CAT versus up 282% for ITG.
| 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 ITG on profitability, with a higher operating margin.
ITG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2018 | $128.7M | +1.6% |
| Q3 2018 | $120.8M | +5.4% |
| Q2 2018 | $128.5M | +5.7% |
| Q1 2018 | $131.5M | +8.8% |
| Q4 2017 | $126.7M | +6% |
| Q3 2017 | $114.5M | +9.9% |
| Q2 2017 | $121.6M | +0.8% |
| Q1 2017 | $120.8M | -3.1% |
ITG's revenue has grown year over year for 10 quarters in a row: $462M last quarter, up 282% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.2% | +2.5 points |
| Q2 2026 | 5.6% | +5.4 points |
| Q1 2026 | 2.4% | -2.5 points |
| Q4 2018 | 1.7% | +1.6 points |
| Q3 2018 | 2.7% | +4 points |
| Q2 2018 | 0.2% | -4.4 points |
| Q1 2018 | 4.8% | +1.3 points |
| Q4 2017 | 0.1% | +1.4 points |
ITG's operating margin was 5.2% last quarter, up 2.5 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 ITG at down 161%.
ITG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2018 | $11M | -84% |
| Q3 2018 | $31.6M | +$47.3M |
| Q2 2018 | $24.9M | -60% |
| Q1 2018 | -$13M | +$52.2M |
| Q4 2017 | $66.8M | -32% |
| Q3 2017 | -$15.7M | -121% |
| Q2 2017 | $62.8M | +$187.7M |
| Q1 2017 | -$65.3M | -$29.9M |
ITG's free cash flow was −$29M over the past year, against $63M 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 ITG 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.
ITG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -70% | -112M shares |
| 1 year | +42% | +14.3M shares |
| 3 years | +47% | +15.5M shares |
| 5 years | +32% | +11.9M shares |
| Available history | +26% | +10M shares |
ITG has 48M diluted shares, up 42% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2026 | — |
| Q4 2018 | — |
| Q3 2018 | $78,000 |
| Q2 2018 | $2.2M |
| Q1 2018 | $3.6M |
| Q4 2017 | $9.5M |
| Q3 2017 | $2.4M |
| Q2 2017 | $1.8M |
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.
ITG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2018 | -3.4x | Net Cash |
| Q3 2018 | -3.4x | Net Cash |
| Q2 2018 | -3.2x | Net Cash |
| Q1 2018 | -2.6x | Net Cash |
| Q4 2017 | -3.4x | Net Cash |
| Q3 2017 | -2.6x | Net Cash |
| Q2 2017 | -6.5x | Net Cash |
| Q1 2017 | -10.9x | Net Cash |
ITG 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).
ITG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 19.1 | Oversold |
| Stochastic | 10.7 | Oversold |
ITG's weekly RSI is 19 (oversold) 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.
ITG PE vs Industrials 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 stronger trend alignment. CAT is above 2 of 5 weekly averages versus ITG above 0 of 2.
ITG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.45 | 18% below |
| 20 week MA | $10.5 | 50% below |
ITG is in a downtrend: it's below all two of its weekly moving averages, and 50% below its 20-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 ITG on returns for 2026, with the stronger performance.
ITG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2026 YTD | $15.5 | $5.30 | -66% |
It's down 66% so far in 2026.