Caterpillar (CAT) Market Capitalization (2009 - 2026)
Caterpillar's Market Capitalization was $489.53 billion in Q2 2026, up 169.2% from $181.88 billion a year earlier and up 50.0% from the prior quarter.
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Analysis
Caterpillar (CAT) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Market Capitalization at Caterpillar came in at $266.56 billion, up 53.7% from FY2024.
- Market Capitalization has now increased for seven consecutive years, with a five-year compound annual growth rate of 21.8% (FY2020 to FY2025).
- In earlier years, Market Capitalization was $173.37 billion in FY2024 (+17.4%), $147.66 billion in FY2023 (+19.4%), $123.7 billion in FY2022 (+11.6%) and $110.79 billion in FY2021 (+11.6%).
- The Q2 2026 figure marks the highest quarterly Market Capitalization in data going back to Q1 2009.
- Compared with a year earlier, Market Capitalization has increased for five straight quarters, with growth averaging 50.5% over the last eight quarters.
- The best year-over-year quarter for Market Capitalization over five years was Q2 2026 (growth of 169.2%); the worst was Q2 2022 (a decline of 20.8%).
- Per Business Quant data, CAT's Market Capitalization in the three quarters before Q2 2026 was $326.34 billion (Q1 2026), $266.56 billion (Q4 2025) and $223.31 billion (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 |
|---|---|
| Sep 30, 2026 | 372.79 Bn |
| Jun 30, 2026 | 489.53 Bn |
| Mar 31, 2026 | 326.34 Bn |
| Dec 31, 2025 | 266.56 Bn |
| Sep 30, 2025 | 223.31 Bn |
| Jun 30, 2025 | 181.88 Bn |
| Mar 31, 2025 | 155.35 Bn |
| Dec 31, 2024 | 173.37 Bn |
| Sep 30, 2024 | 188.83 Bn |
| Jun 30, 2024 | 161.52 Bn |
| Mar 31, 2024 | 179.29 Bn |
| Dec 31, 2023 | 147.66 Bn |
| Sep 30, 2023 | 138.98 Bn |
| Jun 30, 2023 | 125.52 Bn |
| Mar 31, 2023 | 118.06 Bn |
| Dec 31, 2022 | 123.70 Bn |
| Sep 30, 2022 | 85.39 Bn |
| Jun 30, 2022 | 94.37 Bn |
| Mar 31, 2022 | 118.85 Bn |
| Dec 31, 2021 | 110.79 Bn |
API Access
Caterpillar Market Capitalization 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=market-capitalization&ticker=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();