CAT
Caterpillar Inc.
CAT has the edge over TISI overall, supported by stronger fundamentals and stronger modeled upside.
TISI
Team, Inc.
TISI offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
TISI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Weak |
TISI's revenue and profitability are currently stable, but its cash flow and balance sheet are under pressure.
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.
TISI PE Valuation
TISI 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.
TISI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect TISI's losses to shrink, with revenue growing.
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 TISI on earnings quality, reporting a profit while its opponent remains loss making.
TISI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$9.83 | +$2.01 |
| Q2 2026 | -$9.41 | +$2.27 |
| Q1 2026 | -$8.21 | +$3.15 |
| Q4 2025 | -$11.70 | -$3.06 |
| Q3 2025 | -$11.84 | +$0.49 |
| Q2 2025 | -$11.68 | +$0.91 |
| Q1 2025 | -$11.36 | +$4.21 |
| Q4 2024 | -$8.64 | +$8.73 |
TISI is still losing money, but far less than before: $9.83 per share over the past year, against $77.60 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 TISI 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 TISI on profitability, with a higher operating margin.
TISI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $220.4M | -2% |
| Q2 2026 | $228.7M | -7.8% |
| Q1 2026 | $215.1M | +8.3% |
| Q4 2025 | $224.8M | +5.4% |
| Q3 2025 | $225M | +6.7% |
| Q2 2025 | $248M | +8.5% |
| Q1 2025 | $198.7M | -0.5% |
| Q4 2024 | $213.3M | -0.4% |
TISI's revenue fell from its 2019 peak and has held roughly level since: $220M last quarter, down 2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.2% | -0.8 points |
| Q2 2026 | 0.9% | -3.9 points |
| Q1 2026 | -1.6% | +1.4 points |
| Q4 2025 | 3% | +1.9 points |
| Q3 2025 | 0.6% | -0.9 points |
| Q2 2025 | 4.9% | 0 points |
| Q1 2025 | -3% | +0.2 points |
| Q4 2024 | 1% | +5.2 points |
TISI's operating margin was −0.2% last quarter, down 0.8 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 TISI on cash generation, producing positive trailing cash flow while its opponent burns cash.
TISI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$5.8M | -694% |
| Q2 2026 | -$3.3M | +$3.3M |
| Q1 2026 | -$11.5M | +$18.5M |
| Q4 2025 | $14.6M | -25% |
| Q3 2025 | $973K | -78% |
| Q2 2025 | -$6.6M | +$2.7M |
| Q1 2025 | -$30.1M | -$28.9M |
| Q4 2024 | $19.6M | +143% |
TISI has burned cash in most quarters: −$6M over the past year, against −$16M 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 TISI 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.
TISI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +10K shares |
| 1 year | +1.8% | +82K shares |
| 3 years | +4.9% | +213K shares |
| 5 years | +48% | +1.5M shares |
| Available history | +51% | +1.6M shares |
TISI has 5M diluted shares, up 1.8% 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 the edge over TISI on leverage, with a lower net debt burden relative to earnings.
TISI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.9x | High |
| Q2 2026 | 7.4x | High |
| Q1 2026 | 5.8x | High |
| Q4 2025 | 5.8x | High |
| Q3 2025 | 6.6x | High |
| Q2 2025 | 7.6x | High |
| Q1 2025 | 7.4x | High |
| Q4 2024 | 6.2x | High |
TISI's net debt is about 7.9 years of its operating earnings (EBITDA), up from 6.6 years a year ago.
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).
TISI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.9 | Neutral |
| Stochastic | 50.0 | Neutral |
TISI's weekly RSI is 54 (neutral) and its Stochastic is 50 (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.
TISI PE vs Industrials Sector
| Metric | TISI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
TISI 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.
TISI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.1 | 6.9% below |
| 20 week MA | $22.7 | 2.9% above |
| 50 week MA | $18.4 | 27% above |
| 100 week MA | $17.9 | 30% above |
| 200 week MA | $13.5 | 73% above |
TISI 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.
TISI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $160.0 | $110.0 | -31% |
| 2021 | $110.0 | $11.8 | -89% |
| 2022 | $11.8 | $5.66 | -52% |
| 2023 | $5.66 | $6.60 | +17% |
| 2024 | $6.60 | $14.1 | +114% |
| 2025 | $14.1 | $13.5 | -4.1% |
| 2026 YTD | $13.5 | $23.3 | +73% |
TISI has the edge over CAT on returns for 2026, with the stronger performance.