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.
POLA
Polar Power, Inc.
There isn't enough reported data to score POLA yet.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
POLA Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Unavailable | |
| Strong |
POLA's balance sheet is currently strong, but its revenue and profitability are under pressure. There isn't enough data to rate its 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.
POLA PE Valuation
POLA 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.
POLA Forward outlook
There aren't enough analyst estimates for POLA 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 POLA on earnings quality, reporting a profit while its opponent remains loss making.
POLA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$3.52 | -$1.68 |
| Q1 2026 | -$3.14 | -$1.62 |
| Q4 2025 | -$3.59 | -$1.73 |
| Q3 2025 | -$3.47 | -$1.23 |
| Q2 2025 | -$1.84 | +$1.38 |
| Q1 2025 | -$1.52 | +$2.12 |
| Q4 2024 | -$1.86 | +$1.57 |
| Q3 2024 | -$2.24 | +$0.31 |
POLA is still losing money, but far less than before: $3.52 per share over the past year, against $7.98 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 POLA 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 POLA on profitability, with a higher operating margin.
POLA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1M | -62% |
| Q1 2026 | $1.7M | +0.3% |
| Q4 2025 | $600K | -77% |
| Q3 2025 | $1.3M | -74% |
| Q2 2025 | $2.7M | -42% |
| Q1 2025 | $1.7M | -2.9% |
| Q4 2024 | $2.6M | -27% |
| Q3 2024 | $4.9M | +157% |
POLA's revenue has slid since its 2019 peak: $1M last quarter, down 62% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -164% | -160 points |
| Q1 2026 | 1.4% | +65 points |
| Q4 2025 | -556% | -445 points |
| Q3 2025 | -305% | -305 points |
| Q2 2025 | -4.1% | -14 points |
| Q1 2025 | -64% | +48 points |
| Q4 2024 | -110% | -28 points |
| Q3 2024 | 0.8% | +88 points |
POLA's operating margin was −164% last quarter, down 160 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 generated $11.3B in free cash flow over the past year, up 26% from the year before.
POLA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | -$2.2M | -$1.6M |
| Q1 2025 | -$584K | +$405K |
| Q4 2024 | -$137K | +$209K |
| Q3 2024 | -$590K | -$310K |
| Q4 2023 | -$346K | +$1.6M |
| Q3 2023 | -$280K | +$2M |
| Q4 2022 | -$2M | +$572K |
| Q2 2022 | -$1.5M | +$1.3M |
POLA has burned cash in almost every quarter: −$3M over the past year, against −$2M 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 POLA 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.
POLA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7% | +243K shares |
| 1 year | +48% | +1.2M shares |
| 3 years | +102% | +1.9M shares |
| 5 years | +141% | +2.2M shares |
| Available history | +157% | +2.3M shares |
POLA has 4M diluted shares, up 48% 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 more cash than debt.
POLA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2019 | -2.4x | Net Cash |
POLA 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).
POLA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 20.7 | Oversold |
| Stochastic | 1.9 | Oversold |
POLA's weekly RSI is 21 (oversold) and its Stochastic is 2 (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.
POLA PE vs Industrials Sector
| Metric | POLA | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
POLA 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 POLA on trend strength, trading above more of its moving averages.
POLA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.79 | 65% below |
| 20 week MA | $1.24 | 77% below |
| 50 week MA | $1.56 | 82% below |
| 100 week MA | $2.07 | 86% below |
| 200 week MA | $3.86 | 93% below |
POLA is in a downtrend: it's below all five of its weekly moving averages, and 93% 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 POLA on returns for 2026, with the stronger performance.
POLA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.2 | $37.8 | +120% |
| 2021 | $37.8 | $28.0 | -26% |
| 2022 | $28.0 | $10.2 | -64% |
| 2023 | $10.2 | $2.85 | -72% |
| 2024 | $2.85 | $2.78 | -2.5% |
| 2025 | $2.78 | $1.81 | -35% |
| 2026 YTD | $1.81 | $0.28 | -85% |
POLA has finished five years in a row lower, and it's down 85% so far in 2026.