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.
NTIP
Network-1 Technologies, Inc.
There isn't enough reported data to score NTIP yet.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
NTIP Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Unavailable | |
| Unavailable |
NTIP's profitability is currently weak. There isn't enough data to rate its revenue, 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.
NTIP PE Valuation
NTIP 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.
NTIP Forward outlook
There aren't enough analyst estimates for NTIP 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 NTIP on earnings quality, reporting a profit while its opponent remains loss making.
NTIP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.20 | -$0.09 |
| Q2 2026 | -$0.12 | -$0.02 |
| Q1 2026 | -$0.11 | $0.00 |
| Q4 2025 | -$0.11 | +$0.02 |
| Q3 2025 | -$0.11 | -$0.05 |
| Q2 2025 | -$0.10 | -$0.02 |
| Q1 2025 | -$0.11 | -$0.04 |
| Q4 2024 | -$0.13 | -$0.07 |
NTIP lost $0.20 per share over the past year, a bigger loss than 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.
NTIP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2024 | $100K | -65% |
| Q4 2021 | $337K | +811% |
| Q3 2021 | $17M | +310% |
| Q1 2021 | $18.7M | +11510% |
| Q4 2020 | $37K | -97% |
NTIP's revenue has slid since its 2021 peak: $0 last quarter.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2025 | -430% | N/A |
| Q2 2024 | -624% | -430 points |
| Q4 2023 | -2.9% | N/A |
| Q2 2023 | -194% | N/A |
| Q1 2023 | -145% | N/A |
| Q4 2021 | -244% | +6427 points |
| Q3 2021 | 53% | +13 points |
| Q1 2021 | 66% | +625 points |
NTIP's operating margin was −430% last quarter, down 285 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 NTIP on cash generation, producing positive trailing cash flow while its opponent burns cash.
NTIP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$280K | -$176K |
| Q2 2026 | -$932K | -$271K |
| Q1 2026 | -$310K | -295% |
| Q4 2025 | -$263K | +$128K |
| Q3 2025 | -$104K | -$79K |
| Q2 2025 | -$661K | -$597K |
| Q1 2025 | $159K | +$755K |
| Q4 2024 | -$391K | -136% |
NTIP has burned cash in most quarters: −$2M over the past year, against −$997,000 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 NTIP 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.
NTIP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +31K shares |
| 1 year | +0.3% | +59.5K shares |
| 3 years | -3.9% | -936K shares |
| 5 years | -6% | -1.5M shares |
| Available history | -4.6% | -1.1M shares |
NTIP has 23M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $50,333 |
| Q1 2026 | $85,000 |
| Q4 2025 | $6,000 |
| Q3 2025 | $80,000 |
| Q2 2025 | $57,000 |
| Q1 2025 | $150,000 |
| Q4 2024 | $212,000 |
NTIP spent $141,333 buying back its own shares over the past year, down 72% from 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.
NTIP Net Leverage
NTIP'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).
NTIP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.8 | Neutral |
| Stochastic | 46.3 | Neutral |
NTIP's weekly RSI is 51 (neutral) and its Stochastic is 46 (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.
NTIP PE vs Industrials Sector
| Metric | NTIP | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
NTIP 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 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.
NTIP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.57 | 1.3% below |
| 20 week MA | $1.56 | 0.6% below |
| 50 week MA | $1.48 | 4.7% above |
| 100 week MA | $1.43 | 8.4% above |
| 200 week MA | $1.70 | 8.8% below |
NTIP's trend is mixed: it's above two of its five weekly moving averages, and 8.8% 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 finished every year since 2020 higher, and it's up 3.8% so far in 2026.
NTIP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.20 | $3.45 | +57% |
| 2021 | $3.45 | $2.96 | -14% |
| 2022 | $2.96 | $2.20 | -26% |
| 2023 | $2.20 | $2.18 | -0.9% |
| 2024 | $2.18 | $1.40 | -36% |
| 2025 | $1.40 | $1.33 | -5% |
| 2026 YTD | $1.33 | $1.55 | +17% |
NTIP has the edge over CAT on returns for 2026, with the stronger performance.