Caterpillar (CAT) EV to CFO (2009 - 2026)
Caterpillar (CAT) posted EV to CFO of 110.46 for Q2 2026, down 35.9% on a QoQ basis from 172.34 in Q1 2026, and up 95.46% year-over-year from 56.51 in Q2 2025.
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Analysis
Caterpillar (CAT) EV to CFO (2009 - 2026) Analysis & Trends
Caterpillar has reported EV to CFO for 18 years, with the latest figure at 110.46 in Q2 2026.
- On a quarterly basis, EV to CFO rose 95.46% year-over-year to 110.46 in Q2 2026; TTM through Jun 2026 was 35.58, a 129.36% increase from a year earlier, with the FY2025 full-year figure at 21.86, up 58.0% from the prior year.
- EV to CFO was 110.46 for Q2 2026 at Caterpillar, down from 172.34 in the prior quarter.
- The five-year high for EV to CFO was 358.97 in Q1 2022, with the low at 31.87 in Q3 2022.
- Average EV to CFO over 5 years is 81.75, with a median of 54.27 recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: EV to CFO jumped 498.08% in 2022, then sank 80.29% in 2023.
- Over 5 years, EV to CFO stood at 42.61 in 2022, then slipped by 17.52% to 35.15 in 2023, then jumped by 39.61% to 49.07 in 2024, then soared by 45.61% to 71.45 in 2025, then soared by 54.6% to 110.46 in 2026.
- The last three EV to CFO figures came in at 110.46 (Q2 2026), 172.34 (Q1 2026), and 71.45 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 110.46 |
| Mar 31, 2026 | 172.34 |
| Dec 31, 2025 | 71.45 |
| Sep 30, 2025 | 57.74 |
| Jun 30, 2025 | 56.51 |
| Mar 31, 2025 | 117.76 |
| Dec 31, 2024 | 49.07 |
| Sep 30, 2024 | 51.33 |
| Jun 30, 2024 | 52.03 |
| Mar 31, 2024 | 84.96 |
| Dec 31, 2023 | 35.15 |
| Sep 30, 2023 | 32.62 |
| Jun 30, 2023 | 36.37 |
| Mar 31, 2023 | 70.75 |
| Dec 31, 2022 | 42.61 |
| Sep 30, 2022 | 31.87 |
| Jun 30, 2022 | 39.58 |
| Mar 31, 2022 | 358.97 |
| Dec 31, 2021 | 71.93 |
| Sep 30, 2021 | 54.27 |
API Access
Caterpillar EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "CAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();