Caterpillar (CAT) EV to EBIT (2009 - 2026)
Caterpillar's EV to EBIT came in at 36.88 for Q2 2026, up 140.6% from 15.33 a year earlier and up 33.4% from the prior quarter.
Caterpillar (CAT) EV to EBIT (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Caterpillar reported EV to EBIT of 35.23, up 152.9% year-over-year; for FY2025, it was 23.01, up 80.7% from FY2024.
- Going back by year, EV to EBIT was 12.74 in FY2024 (+17.4%), 10.85 in FY2023 (-26.5%), 14.77 in FY2022 (unchanged) and 14.77 in FY2021 (-25.3%).
- The Q2 2026 figure represents the highest quarterly EV to EBIT since Q1 2017.
- Year-over-year, EV to EBIT has increased for five consecutive quarters, with growth averaging 56.0% over the last eight quarters.
- The fastest year-over-year change in EV to EBIT over five years came in Q2 2026 (growth of 140.6%), and the weakest in Q2 2022 (a decline of 31.2%).
- Business Quant data shows CAT's EV to EBIT at 27.65 (Q1 2026), 23.01 (Q4 2025) and 18.90 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 351.94 Bn | 323.64 Bn | 7.76 Bn |
| 2 | Amphenol | 209.39 Bn | 203.97 Bn | 3.55 Bn |
| 3 | Deere | 174.05 Bn | 142.14 Bn | 4.66 Bn |
| 4 | Eaton | 165.12 Bn | 162.30 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.51 Bn | 118.63 Bn | 2.25 Bn |
| 6 | Emerson Electric | 90.72 Bn | 83.46 Bn | 2.66 Bn |
| 7 | Vertiv Holdings | 90.08 Bn | 80.70 Bn | 1.23 Bn |
| 8 | 3M | 83.97 Bn | 65.37 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 75.88 Bn | 72.44 Bn | 1.90 Bn |
| 10 | Cummins | 72.44 Bn | 68.52 Bn | 2.47 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.88 |
| Mar 31, 2026 | 27.65 |
| Dec 31, 2025 | 23.01 |
| Sep 30, 2025 | 18.90 |
| Jun 30, 2025 | 15.33 |
| Mar 31, 2025 | 12.51 |
| Dec 31, 2024 | 12.74 |
| Sep 30, 2024 | 13.79 |
| Jun 30, 2024 | 11.57 |
| Mar 31, 2024 | 12.68 |
| Dec 31, 2023 | 10.85 |
| Sep 30, 2023 | 11.51 |
| Jun 30, 2023 | 11.27 |
| Mar 31, 2023 | 12.68 |
| Dec 31, 2022 | 14.77 |
| Sep 30, 2022 | 10.09 |
| Jun 30, 2022 | 12.49 |
| Mar 31, 2022 | 16.24 |
| Dec 31, 2021 | 14.77 |
| Sep 30, 2021 | 14.21 |
Caterpillar EV to EBIT 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-ebit&ticker=CAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();