Caterpillar (CAT) EV to EBITDA (2009 - 2026)
Caterpillar's (CAT) EV to EBITDA came in at 31.21 for Q2 2026, up 142.4% from 12.88 a year earlier and up 35.3% from the prior quarter.
Caterpillar (CAT) EV to EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at Caterpillar was 29.81, up 154.8% year-over-year; for FY2025, it came in at 19.13, up 74.9% from FY2024.
- In prior years, Caterpillar's EV to EBITDA was 10.94 in FY2024 (+17.4%), 9.31 in FY2023 (-19.2%), 11.53 in FY2022 (+4.8%) and 11.00 in FY2021 (-14.5%).
- The Q2 2026 figure stands as the highest quarterly EV to EBITDA in data going back to Q2 2009.
- On a year-over-year basis, EV to EBITDA has increased in each of the last five quarters, with growth averaging 54.2% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q2 2026, with growth of 142.4%; the weakest was Q2 2022, with a decline of 27.3%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 23.06 (Q1 2026), 19.13 (Q4 2025) and 15.83 (Q3 2025).
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 | 31.21 |
| Mar 31, 2026 | 23.06 |
| Dec 31, 2025 | 19.13 |
| Sep 30, 2025 | 15.83 |
| Jun 30, 2025 | 12.88 |
| Mar 31, 2025 | 10.61 |
| Dec 31, 2024 | 10.94 |
| Sep 30, 2024 | 11.88 |
| Jun 30, 2024 | 10.01 |
| Mar 31, 2024 | 10.97 |
| Dec 31, 2023 | 9.31 |
| Sep 30, 2023 | 9.69 |
| Jun 30, 2023 | 9.32 |
| Mar 31, 2023 | 10.14 |
| Dec 31, 2022 | 11.53 |
| Sep 30, 2022 | 7.84 |
| Jun 30, 2022 | 9.44 |
| Mar 31, 2022 | 12.16 |
| Dec 31, 2021 | 11.00 |
| Sep 30, 2021 | 10.46 |
Caterpillar EV to EBITDA 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-ebitda&ticker=CAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();