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.
MNTS
Momentus Inc.
There isn't enough reported data to score MNTS yet.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
MNTS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Weak | |
| Unavailable | |
| Unavailable |
MNTS's revenue is currently strong, but its profitability is weak. There isn't enough data to rate its cash flow and balance sheet.
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.
MNTS PE Valuation
MNTS 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.
MNTS Forward outlook
There aren't enough analyst estimates for MNTS 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 MNTS in the latest year-over-year earnings comparison.
MNTS Earnings Per Share
MNTS is still losing money, but far less than before: $241.42 per share over the past year, against $14,625.00 at its worst in late 2022.
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 MNTS 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 MNTS on profitability, with a higher operating margin.
MNTS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $25K | -87% |
| Q1 2026 | $3.2M | +898% |
| Q4 2025 | $363K | +27% |
| Q3 2025 | $234K | +119% |
| Q2 2025 | $191K | -84% |
| Q1 2025 | $322K | -37% |
| Q4 2024 | $285K | -72% |
| Q3 2024 | $107K | -68% |
MNTS's revenue is growing: $25,000 last quarter, down 87% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -32420% | -29308 points |
| Q1 2026 | -270% | +1650 points |
| Q4 2025 | -2446% | -61 points |
| Q3 2025 | -2669% | +4427 points |
| Q2 2025 | -3112% | -2536 points |
| Q1 2025 | -1921% | -298 points |
| Q4 2024 | -2386% | -1032 points |
| Q3 2024 | -7096% | -2652 points |
MNTS's operating margin was −32420% last quarter, down 29308 points from the same quarter a year ago, near the bottom of its range since 2021.
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% |
MNTS has the stronger cash trend. Its trailing FCF is up 41% versus its history, compared with CAT at up 39%.
MNTS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$9.1M | -$5.9M |
| Q1 2026 | -$6M | -$1.8M |
| Q3 2025 | -$5.3M | -$823K |
| Q2 2025 | -$3.2M | -$2.1M |
| Q1 2025 | -$4.2M | +$1.1M |
| Q4 2024 | -$5.7M | +$10.1M |
| Q3 2024 | -$4.5M | +$8.3M |
| Q2 2024 | -$1.1M | +$13.4M |
MNTS has burned cash in almost every quarter: −$24M over the past year, against −$16M 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 MNTS 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.
MNTS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +170% | +7.5M shares |
| 1 year | +5543% | +11.7M shares |
| 3 years | +182104% | +11.9M shares |
MNTS has 12M diluted shares, up 5543% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $10M |
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.
MNTS Net Leverage
MNTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
MNTS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 8.2 | Oversold |
MNTS's weekly RSI is 35 (neutral) and its Stochastic is 8 (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.
MNTS PE vs Industrials Sector
| Metric | MNTS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
MNTS 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 the edge over MNTS on trend strength, trading above more of its moving averages.
MNTS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.73 | 31% below |
| 20 week MA | $3.91 | 52% below |
| 50 week MA | $6.12 | 69% below |
| 100 week MA | $24.7 | 92% below |
| 200 week MA | $1,128.2 | 100% below |
MNTS is in a downtrend: it's below all five of its weekly moving averages, and 100% 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 MNTS on returns for 2026, with the stronger performance.
MNTS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $123,125.0 | $238,375.0 | +94% |
| 2021 | $238,375.0 | $58,875.0 | -75% |
| 2022 | $58,875.0 | $9,911.0 | -83% |
| 2023 | $9,911.0 | $432.5 | -96% |
| 2024 | $432.5 | $158.6 | -63% |
| 2025 | $158.6 | $6.22 | -96% |
| 2026 YTD | $6.22 | $1.89 | -70% |
MNTS has finished five years in a row lower, and it's down 70% so far in 2026.