Caterpillar Inc.

NYSE:CAT 株式レポート

時価総額：US$396.2b

Caterpillar 将来の成長

Future 基準チェック /26

Caterpillar利益と収益がそれぞれ年間16.6%と7.7%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に54.2% 18%なると予測されています。

主要情報

16.6%

収益成長率

18.00%

EPS成長率

Machinery 収益成長16.3%
収益成長率7.7%
将来の株主資本利益率54.18%
アナリストカバレッジ

Good

最終更新日20 May 2026

今後の成長に関する最新情報

分析記事 • May 04

Results: Caterpillar Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Caterpillar Inc. ( NYSE:CAT ) investors will be delighted, with the company turning in some strong numbers with its...

Recent updates

ナラティブの更新 • May 19

CAT: Future Returns Will Reflect Data Center Power And Physical AI Opportunities

Caterpillar's updated analyst price target framework moves from a fair value of about $754 to roughly $913, with analysts generally pointing to firmer profit margin assumptions and a higher future P/E multiple as key drivers of the change, even as they apply a slightly higher discount rate and trim revenue growth expectations. Analyst Commentary Recent Street research on Caterpillar clusters around a consistent theme, with a series of higher price targets and at least one fresh upgrade.
Seeking Alpha • May 14

Caterpillar: A Masterclass In Execution Meeting An Irrationally Exuberant Valuation

Summary Caterpillar is trading at a significant valuation premium, with a forward P/FCF of 43, nearly triple its five-year average. Current momentum is driven by surging data center demand, a record $62.7 billion backlog, and strong double-digit revenue growth outlook. Despite operational excellence and reduced volatility, CAT’s capital-intensive, cyclical nature makes its software-like multiple unsustainable long-term. I require a 30-50% stock price contraction before CAT offers a margin of safety aligned with its industrial fundamentals. Read the full article on Seeking Alpha
分析記事 • May 04

Results: Caterpillar Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Caterpillar Inc. ( NYSE:CAT ) investors will be delighted, with the company turning in some strong numbers with its...
ナラティブの更新 • May 02

CAT: Physical AI Mega Projects Will Likely Cap Future Return Potential

The analyst price target for Caterpillar in this narrative has been raised from $521.71 to $575.00. This reflects analysts' use of higher valuation multiples and slightly stronger margin and earnings assumptions following a series of recent target hikes and upgrades tied to construction demand, mega project pipelines, and Caterpillar's positioning in physical AI and data center related equipment.
ナラティブの更新 • Apr 16

CAT: Future Returns Will Reflect Data Center Power And Physical AI Execution Risks

Caterpillar's analyst price target has been revised slightly higher to $754.33 from $742.18, with analysts pointing to updated fair value work, modestly adjusted revenue growth and profit margin assumptions, and a somewhat higher future P/E multiple to reflect recent sector research and sentiment. Analyst Commentary Recent Street research on Caterpillar has centered on higher price targets and updated views on long term demand drivers, digital capabilities, and the construction cycle.
ナラティブの更新 • Apr 02

CAT: Future Returns Will Reflect Data Center Power And Cycle Normalization Risks

Analysts have lifted the fair value estimate for Caterpillar from about $588 to roughly $742, reflecting higher modeled revenue growth, a richer future P/E assumption of about 28x, and a slightly lower discount rate. This is supported by recent research that highlights strong data center related power demand, a healthy pipeline of mega construction projects, and Caterpillar's positioning in physical AI.
ナラティブの更新 • Mar 19

CAT: Data Center Power Dependence Will Likely Restrain Future Return Potential

Caterpillar's updated analyst price target reflects a modest fair value lift of about $1 per share. Analysts point to stronger construction demand signals from ConExpo, lengthening engine lead times tied to data center projects, and growing confidence in the company as a physical AI and infrastructure supplier.
ナラティブの更新 • Mar 05

CAT: Data Center Power Dependence Will Likely Cap Future Return Potential

Caterpillar's updated fair value estimate has increased from about $475 to $521, as analysts factor in stronger projected revenue growth, a higher future P/E multiple, and ongoing demand in private non residential construction and data center power projects. Analyst Commentary Recent Street research on Caterpillar has been skewed toward higher price targets and generally constructive views, with several firms lifting their expectations alongside stronger assumptions for private non residential construction and data center related demand.
新しいナラティブ • Mar 03

Caterpillar Inc. (CAT): The Industrial Architect – Leveraging the AI Data Center Boom and Infrastructure Supercycle in 2026.

Caterpillar (CAT) is currently operating as the engine of the global industrial recovery, trading at $752.18 as of the March 2, 2026, close. Despite a broader market rotation that has punished high-multiple growth stocks, Caterpillar has surged over 120% in the last year , recently hitting an all-time high above $775 on February 11.
ナラティブの更新 • Feb 19

CAT: Data Center Power Demand Will Drive Future Multiple Repricing

Caterpillar's analyst price target has been raised from $790 to $850. Analysts cited updated assumptions for faster revenue growth, a slightly lower discount rate, and a higher future P/E multiple, partly offset by more moderate profit margin expectations.
ナラティブの更新 • Feb 05

CAT: Data Center Engine Reliance Will Likely Erode Future Return Expectations

The analyst price target for Caterpillar has moved higher from about US$393 to roughly US$475, with analysts pointing to updated assumptions for slightly stronger profit margins, a higher future P/E multiple, and ongoing support from data center driven engine demand. Analyst Commentary Across recent research, the tone around Caterpillar has leaned constructive, with a cluster of firms lifting their price targets by wide ranges, from around US$15 to as high as US$125.
ナラティブの更新 • Jan 21

CAT: Data Center Power Demand Will Drive Future Earnings Repricing

Our Caterpillar fair value estimate is updated from $780 to $790, reflecting analysts' higher price targets and their focus on data center driven engine demand, stronger Energy & Transportation and Construction trends, and a slightly higher assumed future P/E multiple. Analyst Commentary Recent Street research on Caterpillar has leaned constructive, with several bullish analysts lifting price targets and highlighting specific growth drivers tied to engines, power generation and core construction and energy markets.
ナラティブの更新 • Jan 07

CAT: Power Demand And Backlog Strength Will Drive Future Earnings Repricing

The analyst price target for Caterpillar has been raised from US$507 to US$780, with analysts citing stronger profit expectations, a higher assumed future P/E multiple, and recent Street research that highlights solid Q3 results, improving backlogs, and growing confidence around Energy & Transportation and Power Gen demand. Analyst Commentary Recent Street research on Caterpillar points to a wide range of views, but there is a clear pocket of bullish analysts who are leaning into the Q3 print, backlog trends, and perceived strength in Energy & Transportation, Power Gen, and Construction.
ナラティブの更新 • Dec 21

CAT: Power Demand Optimism Will Likely Fade And Pressure Future Returns

Analysts have lifted their Caterpillar fair value estimate by about $28 to roughly $393, citing upward revisions to revenue growth and margins, a modestly higher assumed future P E multiple, and a wave of recent price target increases and upgrades following stronger than expected Q3 results and improving Power Gen and construction demand. Analyst Commentary Recent Street research reflects a broadly constructive view on Caterpillar following its Q3 earnings beat, with multiple upgrades and sizable price target increases.
ナラティブの更新 • Dec 07

CAT: Future Returns Will Reflect Power Demand Upside And Tariff Headwind Risks

Analysts have nudged our Caterpillar price target higher by approximately $30 per share to reflect a stronger multiple on the Power Gen business, broad-based target hikes across the Street following Q3 outperformance, and growing conviction in secular demand and margin durability. Analyst Commentary Recent research updates reflect a broadly constructive but increasingly bifurcated view on Caterpillar, with most on the Street acknowledging stronger execution in Power Gen and core machinery, while debating how much of this strength is already embedded in the valuation.
ナラティブの更新 • Nov 23

CAT: Future Performance Will Balance Demand Momentum And Rising Tariff Headwinds

Caterpillar's analyst price target has increased from $559 to $588. This reflects growing confidence among analysts due to strong recent earnings and an improved demand outlook across key segments.
ナラティブの更新 • Nov 05

CAT: Fair Value Will Reflect Mixed Cycle Outlook Amid New Demand and Tariff Risks

Caterpillar's fair value estimate has increased by over $60 to $559, as analysts cite strong Q3 earnings, improved margins, and sustained demand, which are driving a higher price target for the shares. Analyst Commentary Recent analyst reports reflect a wide range of opinions on Caterpillar's outlook, with both bullish and bearish case elements evident following the company's strong quarterly performance and evolving macroeconomic conditions.
ナラティブの更新 • Oct 22

Analysts Debate Caterpillar Outlook as Price Targets Rise and Valuation Climbs Amid New Risks

The analyst price target for Caterpillar has increased from approximately $468 to $498. Analysts cite resilient margins, improved inventory management, and expectations for continued earnings growth despite ongoing tariff headwinds as key drivers of this upward revision.
ナラティブの更新 • Oct 08

Global Infrastructure Expansion Will Drive Equipment Renewal Cycle

Analysts have modestly increased their fair value estimate for Caterpillar to approximately $468. They cite stronger-than-expected operating margins, resilience against tariff pressures, and continued robust demand as supporting factors.
ナラティブの更新 • Sep 23

Global Infrastructure Expansion Will Drive Equipment Renewal Cycle

Caterpillar’s consensus price target was raised to $458.91 as analysts grow more confident in operational momentum, resilient margins, and the potential for earnings recovery in 2025 despite tariff headwinds and some downward EPS revisions from bears. Analyst Commentary Bullish analysts are raising price targets based on strong Q2 results, resilient construction equipment margins, and successful management of dealer inventories, suggesting continued operational momentum despite tariff pressures.
ナラティブの更新 • Aug 07

Global Infrastructure Expansion Will Drive Equipment Renewal Cycle

Caterpillar’s fair value estimate remains steady at $426.17, as both its future P/E ratio and consensus revenue growth forecasts show no significant change. What's in the News Caterpillar, Joule Capital Partners, and Wheeler Machinery Co. agreed to power Joule's Utah data center campus with Caterpillar's advanced generator sets, integrated cooling and power solutions, and substantial grid-forming battery energy storage, emphasizing fast deployment and comprehensive support.
分析記事 • Aug 07

Caterpillar Inc. (NYSE:CAT) Just Reported And Analysts Have Been Lifting Their Price Targets

NYSE:CAT 1 Year Share Price vs Fair Value Explore Caterpillar's Fair Values from the Community and select yours As you...
分析記事 • Jul 18

A Look At The Intrinsic Value Of Caterpillar Inc. (NYSE:CAT)

Key Insights Caterpillar's estimated fair value is US$520 based on 2 Stage Free Cash Flow to Equity With US$418 share...
分析記事 • Jul 06

Why Caterpillar Inc. (NYSE:CAT) Could Be Worth Watching

Caterpillar Inc. ( NYSE:CAT ) saw a significant share price rise of 45% in the past couple of months on the NYSE. The...
分析記事 • Jun 24

The Price Is Right For Caterpillar Inc. (NYSE:CAT)

It's not a stretch to say that Caterpillar Inc.'s ( NYSE:CAT ) price-to-earnings (or "P/E") ratio of 17.3x right now...
分析記事 • Jun 10

Is Caterpillar (NYSE:CAT) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha • Apr 15

Caterpillar: This Cat Is Out Of Lives For Now (Rating Downgrade)

Summary Caterpillar offers competitive advantages like scale, a strong brand, and global reach, making it a proxy for global economic growth. Despite cyclicality, Caterpillar's valuation is reasonable, with a price-to-earnings ratio below the historical average and potential for mid-single-digit EPS growth. The company's diversified revenue streams and exposure to secular trends like renewable energy and defense investments bolster its long-term prospects. Yet, CAT stock is sell rated because it was so overvalued at $400 a share; $300 a share still does not bring it into range for us in the current environment. Read the full article on Seeking Alpha
Seeking Alpha • Apr 06

Caterpillar Vs. Deere: Which One Is The Better Buy Amidst Tariffs?

Summary Tariffs are spreading fear among investors and pushing for an increase in domestic manufacturing activity. Caterpillar and Deere are two iconic American manufacturers that will be partly affected by tariffs. In this article, I compare the two stocks to assess which one is the better pick right now. Read the full article on Seeking Alpha
Seeking Alpha • Mar 12

Caterpillar: Diversification Without Diworsification; Home Depot Looks Healthy, So Do Others

Summary I would like to diversify my Caterpillar stock holdings while avoiding diworsification. Tax efficiency is crucial; strategies include tax lot harvesting and using timing to avoid capital gains. A list of high-quality dividend-growth stocks is evaluated based on historical and future fair values, and also on future growth and dividend growth. After filtering and ranking, HD, LOW, and SNA offer solid income replacement potential and can match CAT's performance, making them suitable for diversification. Read the full article on Seeking Alpha
Seeking Alpha • Mar 06

Caterpillar: Good Long-Term Story, But Near-Term Woes Keep Me On The Sidelines

Summary Caterpillar benefits from long-term tailwinds like the IIJA, increased mining demand, and data center energy needs, but faces short-term macroeconomic headwinds. CAT's valuation appears cheap at a 16x forward P/E ratio, but margin normalization and tariff impacts suggest caution before investing. Historical patterns show CAT's stock typically drops 34% during slowdowns; the current drawdown is ~20%, indicating potential further decline. I recommend a hold rating, waiting for better buying opportunities as CAT's stock price aligns with historical drawdowns and margin pressures materialize. Read the full article on Seeking Alpha

業績と収益の成長予測

NYSE:CAT - アナリストの将来予測と過去の財務データ ( )USD Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/202890,48316,24213,10017,9768
12/31/202783,34813,33111,31815,36119
12/31/202675,73511,2209,48913,67519
3/31/202670,7559,4307,90112,320N/A
12/31/202567,5898,8847,45311,739N/A
9/30/202564,6719,2737,56011,541N/A
6/30/202563,1399,4377,74011,373N/A
3/31/202563,2599,9397,87511,272N/A
12/31/202464,80910,7928,82012,035N/A
9/30/202465,66410,6779,61312,645N/A
6/30/202466,36811,00710,04613,136N/A
3/31/202466,99711,24810,28613,364N/A
12/31/202367,06010,3359,79312,885N/A
9/30/202366,5879,1138,67511,621N/A
6/30/202364,7718,3607,26010,042N/A
3/31/202361,7007,1116,3569,026N/A
12/31/202259,4276,7055,1677,766N/A
9/30/202256,6287,3713,7636,439N/A
6/30/202254,0316,7563,0525,698N/A
3/31/202252,6736,4962,9365,583N/A
12/31/202150,9716,4894,7267,198N/A
9/30/202148,4085,1495,5477,858N/A
6/30/202145,8924,3915,6357,852N/A
3/31/202143,0003,4365,0547,125N/A
12/31/202041,7482,9984,2126,327N/A
9/30/202043,6573,3164,3856,689N/A
6/30/202046,5344,1423,2825,724N/A
3/31/202050,9695,3044,2516,921N/A
12/31/201953,8006,093N/A6,912N/A
9/30/201954,9986,043N/A6,561N/A
6/30/201955,7506,276N/A7,184N/A
3/31/201955,3296,363N/A6,744N/A
12/31/201854,7226,147N/A6,558N/A
9/30/201853,2763,800N/A5,016N/A
6/30/201851,1793,132N/A4,865N/A
3/31/201848,4992,227N/A5,099N/A
12/31/201745,462754N/A5,706N/A
9/30/201742,140882N/A6,826N/A
6/30/201739,887106N/A6,756N/A
3/31/201738,898-146N/A6,688N/A
12/31/201638,537-67N/A5,639N/A
9/30/201639,9931,010N/A5,786N/A
6/30/201641,7951,286N/A6,121N/A
3/31/201643,7701,538N/A5,895N/A
12/31/201547,0112,512N/A6,699N/A
9/30/201550,2253,363N/A6,735N/A
6/30/201552,8123,821N/A7,281N/A

アナリストによる今後の成長予測

収入対貯蓄率: CATの予測収益成長率 (年間16.6% ) は 貯蓄率 ( 3.5% ) を上回っています。

収益対市場: CATの収益 ( 16.6% ) US市場 ( 16.8% ) よりも低い成長が予測されています。

高成長収益: CATの収益は増加すると予測されていますが、大幅には増加しません。

収益対市場: CATの収益 ( 7.7% ) US市場 ( 11.6% ) よりも低い成長が予測されています。

高い収益成長: CATの収益 ( 7.7% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: CATの 自己資本利益率 は、3年後には非常に高くなると予測されています ( 54.2 %)。

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/20 12:29
終値2026/05/20 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Caterpillar Inc. 19 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。62

アナリスト機関
John EadeArgus Research Company
Mircea DobreBaird
Adam SeidenBarclays