CAT
Caterpillar Inc.
CAT has lower modeled downside risk, despite its lower overall score.
TWIN
Twin Disc, Incorporated
TWIN has the edge over CAT overall, supported by stronger valuation.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
TWIN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
TWIN's revenue, profitability, cash flow and balance sheet are all currently healthy.
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.
TWIN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 9.3x | $24.63 | — |
| Cheap | 12x | $32.01 | +30% |
| Fair | 17x | $45.35 | +84% |
| Expensive | 30x | $80.55 | +227% |
Historical ranges are pointers, not guarantees.
TWIN has the edge over CAT in the historical PE scenario, which offers more potential upside but is not a forecast.
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.
TWIN Forward outlook
There aren't enough analyst estimates for TWIN 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 earned $25.48 per share over the past year, up 31% from the year before.
TWIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $2.66 | +13200% |
| Q2 2026 | $2.38 | +$2.52 |
| Q1 2026 | $1.84 | +513% |
| Q4 2025 | $1.50 | +121% |
| Q3 2025 | $0.02 | -97% |
| Q2 2025 | -$0.14 | -118% |
| Q1 2025 | $0.30 | -66% |
| Q4 2024 | $0.68 | -15% |
TWIN 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 TWIN on profitability, with a higher operating margin.
TWIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $88.7M | +11% |
| Q2 2026 | $114.4M | +18% |
| Q1 2026 | $96.7M | +19% |
| Q4 2025 | $90.2M | +0.3% |
| Q3 2025 | $80M | +9.7% |
| Q2 2025 | $96.7M | +15% |
| Q1 2025 | $81.2M | +9.5% |
| Q4 2024 | $89.9M | +23% |
TWIN's revenue has grown year over year for 22 quarters in a row: $89M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.2% | +2.4 points |
| Q2 2026 | 6.8% | +1.3 points |
| Q1 2026 | 6% | +3.6 points |
| Q4 2025 | 2.3% | -0.8 points |
| Q3 2025 | 2.8% | +3 points |
| Q2 2025 | 5.5% | -0.1 points |
| Q1 2025 | 2.4% | -2.5 points |
| Q4 2024 | 3.1% | -1.6 points |
TWIN's operating margin was 5.2% last quarter, up 2.4 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.
TWIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.7M | +$16.7M |
| Q2 2026 | $17.2M | +96% |
| Q1 2026 | $1.8M | +93% |
| Q4 2025 | $1.2M | -79% |
| Q3 2025 | -$11M | -$4.2M |
| Q2 2025 | $8.7M | -15% |
| Q1 2025 | $906K | -78% |
| Q4 2024 | $5.9M | +30% |
TWIN generated $26M in free cash flow over the past year, about six times what it generated 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 TWIN 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.
TWIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -32K shares |
| 1 year | +4.8% | +673K shares |
| 3 years | +7.1% | +972K shares |
| 5 years | +10% | +1.3M shares |
| Available history | +11% | +1.5M shares |
TWIN has 15M diluted shares, up 4.8% 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 TWIN on leverage, with a lower net debt burden relative to earnings.
TWIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 1.1x | Healthy |
| Q3 2025 | 1.1x | Healthy |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 1.1x | Healthy |
| Q4 2024 | 0.4x | Very low |
TWIN's net debt is less than a year of its operating earnings (EBITDA), down from 1.1 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).
TWIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.1 | Neutral |
| Stochastic | 23.8 | Neutral |
TWIN's weekly RSI is 56 (neutral) and its Stochastic is 24 (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.
TWIN PE vs Industrials Sector
| Metric | TWIN | Sector median | Relative |
|---|---|---|---|
| PE | 9.3x | 24x | 62% below |
| PE % | 1 | 58 | 57 pts below |
TWIN 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.
TWIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.2 | 2.1% below |
| 20 week MA | $24.2 | 1.8% above |
| 50 week MA | $20.1 | 22% above |
| 100 week MA | $15.3 | 61% above |
| 200 week MA | $14.2 | 73% above |
TWIN 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.
TWIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.4 | $7.46 | -28% |
| 2021 | $7.46 | $11.2 | +50% |
| 2022 | $11.2 | $9.10 | -19% |
| 2023 | $9.10 | $16.2 | +78% |
| 2024 | $16.2 | $11.3 | -30% |
| 2025 | $11.3 | $17.0 | +50% |
| 2026 YTD | $17.0 | $24.6 | +45% |
TWIN has the edge over CAT on returns for 2026, with the stronger performance.