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.
OMEX
Odyssey Marine Exploration, Inc.
There isn't enough reported data to score OMEX yet.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
OMEX Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Unavailable |
OMEX's revenue, profitability and cash flow are currently under pressure. There isn't enough data to rate its 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.
OMEX PE Valuation
OMEX 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.
OMEX Forward outlook
There aren't enough analyst estimates for OMEX 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 OMEX down 227%.
OMEX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2024 | -$11.75 | -771% |
| Q1 2024 | -$17.25 | -1250% |
| Q4 2023 | $8.00 | +$41.50 |
| Q3 2023 | $5.25 | +$33.50 |
| Q2 2023 | $1.75 | +$30.75 |
| Q1 2023 | $1.50 | +$27.25 |
| Q4 2022 | -$33.50 | -$14.75 |
| Q3 2022 | -$28.25 | -$4.75 |
OMEX is still losing money, but far less than before: $14.98 per share over the past year, against $37.00 at its worst in late 2020.
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 OMEX 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 OMEX on profitability, with a higher operating margin.
OMEX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $108.9K | +79% |
| Q2 2026 | $77.9K | -42% |
| Q1 2026 | $22.5K | -83% |
| Q4 2025 | $22.7K | -83% |
| Q3 2025 | $61K | -71% |
| Q2 2025 | $135K | -37% |
| Q1 2025 | $135K | -34% |
| Q4 2024 | $136.1K | -18% |
OMEX's revenue is recovering but still below its 2020 peak: $108,913 last quarter, up 79% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -4006% | -511 points |
| Q2 2026 | -9875% | -6634 points |
| Q1 2026 | -28492% | -26843 points |
| Q4 2025 | -20663% | -19632 points |
| Q3 2025 | -3494% | -2154 points |
| Q2 2025 | -3241% | -1842 points |
| Q1 2025 | -1649% | +674 points |
| Q4 2024 | -1031% | N/A |
OMEX's operating margin was −4006% last quarter, down 511 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 OMEX on cash generation, producing positive trailing cash flow while its opponent burns cash.
OMEX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$4.7M | -$2.7M |
| Q1 2026 | -$3.8M | -$1.9M |
| Q4 2025 | -$2.8M | -$1.1M |
| Q3 2025 | -$2.1M | -$537.7K |
| Q2 2025 | -$2M | -135% |
| Q1 2025 | -$2M | -$182.2K |
| Q4 2024 | -$1.8M | +$432.2K |
| Q3 2024 | -$1.6M | +$295.3K |
OMEX has burned cash in almost every quarter: −$13M over the past year, against −$7M 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 OMEX 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.
OMEX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +4.2K shares |
| 1 year | +91% | +1.1M shares |
| 3 years | +195% | +1.6M shares |
| 5 years | +365% | +1.8M shares |
| Available history | +528% | +2M shares |
OMEX has 2M diluted shares, up 91% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2023 | — |
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.
OMEX Net Leverage
OMEX'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).
OMEX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 28.4 | Oversold |
| Stochastic | 7.6 | Oversold |
OMEX's weekly RSI is 28 (oversold) 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.
OMEX PE vs Industrials Sector
| Metric | OMEX | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
OMEX 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 OMEX on trend strength, trading above more of its moving averages.
OMEX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.1 | 29% below |
| 20 week MA | $17.3 | 42% below |
| 50 week MA | $28.9 | 65% below |
| 100 week MA | $29.9 | 66% below |
| 200 week MA | $57.9 | 83% below |
OMEX is in a downtrend: it's below all five of its weekly moving averages, and 83% 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 OMEX on returns for 2026, with the stronger performance.
OMEX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $81.0 | $164.8 | +103% |
| 2021 | $164.8 | $140.0 | -15% |
| 2022 | $140.0 | $82.8 | -41% |
| 2023 | $82.8 | $116.3 | +40% |
| 2024 | $116.3 | $15.7 | -86% |
| 2025 | $15.7 | $53.3 | +239% |
| 2026 YTD | $53.3 | $10.0 | -81% |
OMEX's yearly returns have swung widely, from +239% in 2025 to −86% in 2024. It's down 81% so far in 2026.