CAT
Caterpillar Inc.
CAT offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
RLGT
Radiant Logistics, Inc.
RLGT has the edge over CAT overall, supported by stronger valuation and stronger modeled upside.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
RLGT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
RLGT's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
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 has the edge over RLGT in the historical PE scenario, which offers more potential upside but is not a forecast.
RLGT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.9x | $4.84 | -49% |
| Forward | 17x | $9.47 | — |
| Current | 19x | $9.47 | — |
| Fair | 20x | $9.81 | +3.6% |
| Expensive | 29x | $14.03 | +48% |
Historical ranges are pointers, not guarantees.
RLGT's PE is in its fair range at 19x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.
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.
RLGT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for RLGT, with profitability improving.
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 earned $25.48 per share over the past year, up 31% from the year before.
RLGT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.55 | +12% |
| Q3 2026 | $0.49 | +58% |
| Q2 2026 | $0.39 | +11% |
| Q1 2026 | $0.34 | -5.6% |
| Q4 2025 | $0.29 | 0% |
| Q3 2025 | $0.31 | +72% |
| Q2 2025 | $0.35 | +119% |
| Q1 2025 | $0.36 | +200% |
| Q4 2024 | $0.29 | +32% |
RLGT has the edge over CAT on earnings, with more consistent year-over-year improvement.
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 has the edge over RLGT on profitability, with a higher operating margin.
RLGT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $279.8M | +23% |
| Q2 2026 | $261.4M | +19% |
| Q1 2026 | $214.1M | +0.1% |
| Q4 2025 | $232.1M | -12% |
| Q3 2025 | $226.7M | +11% |
| Q2 2025 | $220.6M | +7.1% |
| Q1 2025 | $214M | +16% |
| Q4 2024 | $264.5M | +32% |
RLGT has the edge over CAT on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3% | +2.1 points |
| Q2 2026 | 3.3% | +0.9 points |
| Q1 2026 | 3.1% | +1.5 points |
| Q4 2025 | 3.2% | -0.1 points |
| Q3 2025 | 0.9% | -1 points |
| Q2 2025 | 2.4% | 0 points |
| Q1 2025 | 1.6% | +2 points |
| Q4 2024 | 3.3% | +2.5 points |
RLGT's operating margin was 3% last quarter, up 2.1 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.
RLGT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.4M | +248% |
| Q2 2026 | -$12.8M | -676% |
| Q1 2026 | $13.4M | +$19.7M |
| Q4 2025 | $11.6M | -18% |
| Q3 2025 | $977K | +$2.8M |
| Q2 2025 | $2.2M | +$2.4M |
| Q1 2025 | -$6.4M | -458% |
| Q4 2024 | $14.1M | +754% |
RLGT has the edge over CAT on cash flow, with more consistent year-over-year improvement.
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 RLGT 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.
RLGT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +134K shares |
| 1 year | 0% | +16.9K shares |
| 3 years | -0.7% | -321K shares |
| 5 years | -4.6% | -2.4M shares |
| Available history | -5.1% | -2.6M shares |
RLGT has 49M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $2.7M |
| Q3 2025 | $834,000 |
| Q2 2025 | $90,000 |
| Q1 2025 | — |
| Q4 2024 | — |
RLGT spent $3M buying back its own shares over the past year, up 188% 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 the edge over RLGT on leverage, with a lower net debt burden relative to earnings.
RLGT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.8x | Net Cash |
RLGT 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).
RLGT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.3 | Neutral |
| Stochastic | 50.5 | Neutral |
RLGT's weekly RSI is 60 (neutral) and its Stochastic is 51 (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.
RLGT PE vs Industrials Sector
| Metric | RLGT | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 24x | 20% below |
| PE % | 47 | 58 | 11 pts below |
RLGT has the edge over CAT on valuation relative to its 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 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.
RLGT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.04 | 4.8% above |
| 20 week MA | $8.86 | 6.9% above |
| 50 week MA | $8.05 | 18% above |
| 100 week MA | $7.15 | 32% above |
| 200 week MA | $6.66 | 42% above |
RLGT has the edge over CAT on trend strength, trading above more of its moving averages.
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.
RLGT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.55 | $5.66 | +2% |
| 2021 | $5.66 | $7.10 | +25% |
| 2022 | $7.10 | $5.21 | -27% |
| 2023 | $5.21 | $6.64 | +27% |
| 2024 | $6.64 | $6.58 | -0.9% |
| 2025 | $6.58 | $6.52 | -0.9% |
| 2026 YTD | $6.52 | $9.47 | +45% |
RLGT has the edge over CAT on returns for 2026, with the stronger performance.