Caterpillar Inc.

NYSE:CAT 株式レポート

時価総額：US$394.3b

Caterpillar 過去の業績

過去 基準チェック /26

Caterpillarは、平均年間14.6%の収益成長を遂げていますが、 Machinery業界の収益は、年間 成長しています。収益は、平均年間8.3% 7.6%収益成長率で 成長しています。 Caterpillarの自己資本利益率は50.5%であり、純利益率は13.3%です。

主要情報

14.63%

収益成長率

17.64%

EPS成長率

Machinery 業界の成長8.77%
収益成長率7.55%
株主資本利益率50.52%
ネット・マージン13.33%
前回の決算情報31 Mar 2026

最近の業績更新

Recent updates

ナラティブの更新 • Jun 05

CAT: AI Power Projects And Tariff Relief Will Likely Cap Future Upside

Caterpillar's analyst price target has shifted from $575 to about $670 as analysts factor in Street research highlighting stronger demand expectations across power generation, construction, mining, and oil and gas, along with higher projected revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Recent Street research on Caterpillar has leaned constructive on the demand outlook in power generation, construction, mining, and oil and gas, with several firms lifting price targets to reflect stronger earnings assumptions and higher P/E multiples.
Seeking Alpha • Jun 05

Caterpillar Setting The Pace For Growth In Power And Energy

Summary Caterpillar is well-positioned for durable growth, driven by surging demand in data center construction and power infrastructure. CAT is expanding engine and turbine capacity by 3x and 2.5x by 2030, targeting margin-accretive recurring revenue from primary and standby power solutions. I recommend CAT at a Buy rating with a $1,145/share price target, reflecting strong industry tailwinds and robust financial forecasts. Read the full article on Seeking Alpha
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.
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.
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...
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

収支内訳

Caterpillar の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。

収益と収入の歴史

NYSE:CAT 収益、費用、利益 ( )USD Millions
日付収益収益G+A経費研究開発費
31 Mar 2670,7559,4305,9782,205
31 Dec 2567,5898,8845,8002,148
30 Sep 2564,6719,2735,8352,105
30 Jun 2563,1399,4375,7132,083
31 Mar 2563,2599,9395,7062,067
31 Dec 2464,80910,7925,7162,107
30 Sep 2465,66410,6775,8042,142
30 Jun 2466,36811,0075,7652,163
31 Mar 2466,99711,2485,6972,156
31 Dec 2367,06010,3355,6192,108
30 Sep 2366,5879,1134,7591,955
30 Jun 2364,7718,3604,5271,877
31 Mar 2361,7007,1114,3221,829
31 Dec 2259,4276,7054,1101,814
30 Sep 2256,6287,3713,8021,852
30 Jun 2254,0316,7563,6331,803
31 Mar 2252,6736,4963,5351,769
31 Dec 2150,9716,4893,4331,686
30 Sep 2148,4085,1494,4701,621
30 Jun 2145,8924,3914,2971,538
31 Mar 2143,0003,4364,1011,433
31 Dec 2041,7482,9983,9571,415
30 Sep 2043,6573,3164,1691,427
30 Jun 2046,5344,1424,3771,514
31 Mar 2050,9695,3044,5551,614
31 Dec 1953,8006,0934,7961,693
30 Sep 1954,9986,0434,8701,773
30 Jun 1955,7506,2764,8511,821
31 Mar 1955,3296,3634,9061,842
31 Dec 1854,7226,1474,8061,850
30 Sep 1853,2763,8004,4211,882
30 Jun 1851,1793,1324,4571,864
31 Mar 1848,4992,2274,4911,860
31 Dec 1745,4627544,4251,842
30 Sep 1742,1408824,5151,866
30 Jun 1739,8871064,2881,858
31 Mar 1738,898-1464,0991,868
31 Dec 1638,537-674,4761,853
30 Sep 1639,9931,0103,8902,001
30 Jun 1641,7951,2864,0262,061
31 Mar 1643,7701,5384,1962,103
31 Dec 1547,0112,5124,3632,119
30 Sep 1550,2253,3634,6162,125
30 Jun 1552,8123,8214,9002,145

質の高い収益: CATは 高品質の収益 を持っています。

利益率の向上: CATの現在の純利益率 (13.3%)は、昨年(15.7%)よりも低くなっています。

フリー・キャッシュフローと収益の比較

過去の収益成長分析

収益動向: CATの収益は過去 5 年間で年間14.6%増加しました。

成長の加速: CATは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。

収益対業界: CATは過去 1 年間で収益成長率がマイナス ( -5.1% ) となったため、 Machinery業界平均 ( 2.4% ) と比較することが困難です。

株主資本利益率

高いROE: CATの 自己資本利益率 ( 50.52% ) は 抜群 ですが、負債レベルが高いためこの指標は歪んでいます。

総資産利益率

使用総資本利益率

過去の好業績企業の発掘

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2026/06/11 10:36
終値2026/06/11 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. 18 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。59

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