CAT
Caterpillar Inc.
CAT has the edge over TAYD overall, supported by stronger modeled upside and stronger fundamentals.
TAYD
Taylor Devices, Inc.
TAYD's outlook is improving despite an expensive valuation.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
TAYD Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Stable | |
| Strong | |
| Strong |
TAYD's cash flow and balance sheet are currently strong, and its profitability is stable, but its revenue is weak.
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 TAYD in the historical PE scenario, which offers more potential upside but is not a forecast.
TAYD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 12x | $25.01 | -57% |
| Fair | 16x | $33.29 | -43% |
| Forward | 16x | $58.72 | — |
| Expensive | 26x | $53.62 | -8.7% |
| Current | 29x | $58.72 | — |
Historical ranges are pointers, not guarantees.
TAYD's PE is in its expensive range at 29x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its fair range.
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.
TAYD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for TAYD, 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.
TAYD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.69 | +79% |
| Q3 2026 | $2.06 | -24% |
| Q2 2026 | $2.62 | -8.7% |
| Q1 2026 | $3.17 | +26% |
| Q4 2025 | $3.02 | +12% |
| Q3 2025 | $2.72 | -6.5% |
| Q2 2025 | $2.87 | +11% |
| Q1 2025 | $2.51 | +2% |
| Q4 2024 | $2.69 | +27% |
TAYD 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 has the edge over TAYD 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 TAYD on profitability, with a higher operating margin.
TAYD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.3M | -26% |
| Q2 2026 | $9M | -42% |
| Q1 2026 | $11.2M | +5.8% |
| Q4 2025 | $11.6M | +36% |
| Q3 2025 | $9.9M | -15% |
| Q2 2025 | $15.6M | +29% |
| Q1 2025 | $10.6M | -14% |
| Q4 2024 | $8.5M | -17% |
TAYD's revenue has slid since its 2025 peak: $7M last quarter, down 26% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.5% | -22 points |
| Q2 2026 | 6.2% | -18 points |
| Q1 2026 | 21% | +1.6 points |
| Q4 2025 | 19% | +8.2 points |
| Q3 2025 | 23% | -2.4 points |
| Q2 2025 | 24% | +3.3 points |
| Q1 2025 | 19% | -5.3 points |
| Q4 2024 | 11% | -8.8 points |
TAYD's operating margin was 0.5% last quarter, down 22 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.
TAYD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $7.5M | +2426% |
| Q2 2026 | -$233.3K | -147% |
| Q1 2026 | $381.7K | -96% |
| Q4 2025 | $4.4M | +$5.1M |
| Q3 2025 | $298.6K | +$4.1M |
| Q2 2025 | $491.3K | -92% |
| Q1 2025 | $8.8M | +$9.7M |
| Q4 2024 | -$620.5K | -115% |
TAYD generated $12M in free cash flow over the past year, up 35% from 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 TAYD 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.
TAYD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +2.4K shares |
| 1 year | +2.6% | +81.3K shares |
| 3 years | -8.3% | -293K shares |
| 5 years | -7.7% | -269K shares |
| Available history | -7.2% | -251K shares |
TAYD has 3M diluted shares, up 2.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
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.
TAYD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | 1.0x | Very low |
| Q1 2026 | -0.2x | Net Cash |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | 0.8x | Very low |
| Q1 2025 | -0.2x | Net Cash |
| Q4 2024 | -0.2x | Net Cash |
TAYD 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).
TAYD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.5 | Neutral |
| Stochastic | 49.3 | Neutral |
TAYD's weekly RSI is 51 (neutral) and its Stochastic is 49 (neutral).
CAT PE vs Industrials Sector
| Metric | CAT | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 24x | 1.3% below |
| PE % | 69 | 58 | 11 pts above |
CAT has the edge over TAYD on valuation relative to its sector.
TAYD PE vs Industrials Sector
| Metric | TAYD | Sector median | Relative |
|---|---|---|---|
| PE | 29x | 24x | 18% above |
| PE % | 85 | 58 | 27 pts above |
TAYD is trading at 29x earnings, a 18% premium to the Industrials sector's median of 24x.
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.
TAYD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $57.3 | 2.4% above |
| 20 week MA | $57.1 | 2.8% above |
| 50 week MA | $61.2 | 4% below |
| 100 week MA | $50.4 | 16% above |
| 200 week MA | $41.8 | 40% above |
TAYD 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 the edge over TAYD on returns for 2026, with the stronger performance.
TAYD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.4 | $10.0 | -3.8% |
| 2021 | $10.0 | $10.2 | +1.8% |
| 2022 | $10.2 | $11.0 | +7.7% |
| 2023 | $11.0 | $22.1 | +101% |
| 2024 | $22.1 | $42.1 | +90% |
| 2025 | $42.1 | $61.4 | +46% |
| 2026 YTD | $61.4 | $58.7 | -4.3% |
TAYD has finished higher in five of the last six years, two of them by more than 50%. It's down 4.3% so far in 2026.