Caterpillar (CAT) EV to FCF (2009 - 2026)
Caterpillar's (CAT) EV to FCF came in at 53.68 for Q2 2026, up 135.5% from 22.80 a year earlier and up 31.6% from the prior quarter.
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Analysis
Caterpillar (CAT) EV to FCF (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Caterpillar was 51.28, up 147.5% year-over-year; for FY2025, it came in at 34.43, up 82.4% from FY2024.
- In prior years, Caterpillar's EV to FCF was 18.88 in FY2024 (+31.4%), 14.37 in FY2023 (-36.4%), 22.59 in FY2022 (+5.1%) and 21.49 in FY2021 (+0.6%).
- The Q2 2026 figure stands as the highest quarterly EV to FCF since Q4 2012.
- On a year-over-year basis, EV to FCF has increased in each of the last eight quarters, with growth averaging 61.9% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q2 2026, with growth of 135.5%; the weakest was Q1 2023, with a decline of 58.2%.
- According to Business Quant data, EV to FCF for the three prior quarters was 40.79 (Q1 2026), 34.43 (Q4 2025) and 28.54 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 282.34 Bn | 282.34 Bn | - |
| 2 | Amphenol | 196.37 Bn | 189.89 Bn | 4.02 Bn |
| 3 | Deere | 180.40 Bn | 148.49 Bn | 4.66 Bn |
| 4 | Eaton | 142.03 Bn | 139.22 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 117.42 Bn | 115.55 Bn | 2.25 Bn |
| 6 | Emerson Electric | 93.00 Bn | 85.73 Bn | 2.66 Bn |
| 7 | 3M | 92.98 Bn | 74.42 Bn | 2.78 Bn |
| 8 | Vertiv Holdings | 86.47 Bn | 75.32 Bn | 1.64 Bn |
| 9 | Illinois Tool Works | 82.63 Bn | 79.31 Bn | 1.91 Bn |
| 10 | Cummins | 69.15 Bn | 65.22 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.68 |
| Mar 31, 2026 | 40.79 |
| Dec 31, 2025 | 34.43 |
| Sep 30, 2025 | 28.54 |
| Jun 30, 2025 | 22.80 |
| Mar 31, 2025 | 19.27 |
| Dec 31, 2024 | 18.88 |
| Sep 30, 2024 | 19.06 |
| Jun 30, 2024 | 15.65 |
| Mar 31, 2024 | 16.95 |
| Dec 31, 2023 | 14.37 |
| Sep 30, 2023 | 15.27 |
| Jun 30, 2023 | 16.27 |
| Mar 31, 2023 | 17.51 |
| Dec 31, 2022 | 22.59 |
| Sep 30, 2022 | 21.01 |
| Jun 30, 2022 | 28.96 |
| Mar 31, 2022 | 41.86 |
| Dec 31, 2021 | 21.49 |
| Sep 30, 2021 | 17.02 |
API Access
Caterpillar EV to FCF 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-fcf&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();