CAT vs. ETN: A Head-to-Head Stock Comparison
Here’s a clear look at CAT and ETN, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | CAT | ETN |
|---|---|---|
| Company Name | Caterpillar Inc. | Eaton Corporation plc |
| Country | United States | Ireland |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Electrical Equipment |
| GICS Sub-Industry | Construction Machinery & Heavy Transportation Equipment | Electrical Components & Equipment |
| Market Capitalization | 426.87 billion USD | 162.70 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
CAT’s market capitalization (426.87 billion USD) is substantially larger than ETN’s (162.70 billion USD), indicating a significant difference in their market valuations.
Historical Performance
This chart compares the performance of CAT and ETN by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | CAT | ETN |
|---|---|---|
| 5-Day Price Return | 2.45% | 1.98% |
| 13-Week Price Return | 27.62% | 12.09% |
| 26-Week Price Return | 62.43% | 8.39% |
| 52-Week Price Return | 184.62% | 35.22% |
| Month-to-Date Return | 4.12% | -3.24% |
| Year-to-Date Return | 61.78% | 31.55% |
| 10-Day Avg. Volume | 2.81M | 3.33M |
| 3-Month Avg. Volume | 2.70M | 2.81M |
| 3-Month Volatility | 42.24% | 38.67% |
| Beta | 1.64 | 1.24 |
With betas of 1.64 for CAT and 1.24 for ETN, both stocks show similar sensitivity to overall market movements.
Profitability
Return on Equity (TTM)
CAT
45.15%
Machinery Industry
- Max
- 34.97%
- Q3
- 17.74%
- Median
- 11.28%
- Q1
- 4.99%
- Min
- -12.33%
CAT’s Return on Equity of 45.15% is exceptionally high, placing it well beyond the typical range for the Machinery industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.
ETN
21.70%
Electrical Equipment Industry
- Max
- 42.06%
- Q3
- 26.89%
- Median
- 15.05%
- Q1
- -10.76%
- Min
- -62.42%
ETN’s Return on Equity of 21.70% is on par with the norm for the Electrical Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
CAT
13.14%
Machinery Industry
- Max
- 22.96%
- Q3
- 12.39%
- Median
- 7.72%
- Q1
- 3.54%
- Min
- -8.68%
A Net Profit Margin of 13.14% places CAT in the upper quartile for the Machinery industry, signifying strong profitability and more effective cost management than most of its peers.
ETN
15.22%
Electrical Equipment Industry
- Max
- 46.70%
- Q3
- 16.13%
- Median
- 10.37%
- Q1
- -39.83%
- Min
- -107.51%
ETN’s Net Profit Margin of 15.22% is aligned with the median group of its peers in the Electrical Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
CAT
16.50%
Machinery Industry
- Max
- 30.03%
- Q3
- 17.70%
- Median
- 13.51%
- Q1
- 8.16%
- Min
- -3.23%
CAT’s Operating Profit Margin of 16.50% is around the midpoint for the Machinery industry, indicating that its efficiency in managing core business operations is typical for the sector.
ETN
19.18%
Electrical Equipment Industry
- Max
- 25.78%
- Q3
- 18.25%
- Median
- 11.54%
- Q1
- -25.81%
- Min
- -37.27%
An Operating Profit Margin of 19.18% places ETN in the upper quartile for the Electrical Equipment industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | CAT | ETN |
|---|---|---|
| Return on Equity (TTM) | 45.15% | 21.70% |
| Return on Assets (TTM) | 9.67% | 10.12% |
| Net Profit Margin (TTM) | 13.14% | 15.22% |
| Operating Profit Margin (TTM) | 16.50% | 19.18% |
| Gross Profit Margin (TTM) | 34.22% | 37.81% |
Financial Strength
Current Ratio (MRQ)
CAT
1.44
Machinery Industry
- Max
- 4.85
- Q3
- 3.02
- Median
- 2.23
- Q1
- 1.69
- Min
- 0.71
CAT’s Current Ratio of 1.44 falls into the lower quartile for the Machinery industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
ETN
1.32
Electrical Equipment Industry
- Max
- 2.75
- Q3
- 2.73
- Median
- 2.05
- Q1
- 1.35
- Min
- 0.73
ETN’s Current Ratio of 1.32 falls into the lower quartile for the Electrical Equipment industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio (MRQ)
CAT
2.03
Machinery Industry
- Max
- 1.24
- Q3
- 0.73
- Median
- 0.53
- Q1
- 0.27
- Min
- 0.00
With a Debt-to-Equity Ratio of 2.03, CAT operates with exceptionally high leverage compared to the Machinery industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
ETN
0.51
Electrical Equipment Industry
- Max
- 1.40
- Q3
- 0.87
- Median
- 0.57
- Q1
- 0.19
- Min
- 0.00
ETN’s Debt-to-Equity Ratio of 0.51 is typical for the Electrical Equipment industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
CAT
8.29
Machinery Industry
- Max
- 28.00
- Q3
- 15.73
- Median
- 6.91
- Q1
- 3.90
- Min
- -9.44
CAT’s Interest Coverage Ratio of 8.29 is positioned comfortably within the norm for the Machinery industry, indicating a standard and healthy capacity to cover its interest payments.
ETN
21.46
Electrical Equipment Industry
- Max
- 23.13
- Q3
- 9.92
- Median
- 0.32
- Q1
- -9.30
- Min
- -29.00
ETN’s Interest Coverage Ratio of 21.46 is in the upper quartile for the Electrical Equipment industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | CAT | ETN |
|---|---|---|
| Current Ratio (MRQ) | 1.44 | 1.32 |
| Quick Ratio (MRQ) | 0.86 | 0.74 |
| Debt-to-Equity Ratio (MRQ) | 2.03 | 0.51 |
| Interest Coverage Ratio (TTM) | 8.29 | 21.46 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | CAT | ETN |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 18.00% | 13.06% |
| Revenue Growth (TTM vs Prior YoY) | 4.29% | -17.92% |
| 3-Year Revenue CAGR | 4.38% | 9.77% |
| 5-Year Revenue CAGR | 10.12% | 8.98% |
EPS Growth
EPS Growth at a Glance
| Symbol | CAT | ETN |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | -11.46% | 18.49% |
| EPS Growth (TTM vs Prior YoY) | -14.70% | 10.00% |
| 3-Year EPS CAGR | 14.16% | 19.38% |
| 5-Year EPS CAGR | 28.05% | 24.52% |
Dividend
Dividend Yield (TTM)
CAT
0.64%
Machinery Industry
- Max
- 3.37%
- Q3
- 1.48%
- Median
- 0.88%
- Q1
- 0.12%
- Min
- 0.00%
CAT’s Dividend Yield of 0.64% is consistent with its peers in the Machinery industry, providing a dividend return that is standard for its sector.
ETN
1.02%
Electrical Equipment Industry
- Max
- 1.17%
- Q3
- 0.53%
- Median
- 0.09%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 1.02%, ETN offers a more attractive income stream than most of its peers in the Electrical Equipment industry, signaling a strong commitment to shareholder returns.
Dividend Payout Ratio (TTM)
CAT
30.94%
Machinery Industry
- Max
- 62.41%
- Q3
- 36.52%
- Median
- 24.35%
- Q1
- 11.08%
- Min
- 0.00%
CAT’s Dividend Payout Ratio of 30.94% is within the typical range for the Machinery industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
ETN
39.76%
Electrical Equipment Industry
- Max
- 52.06%
- Q3
- 23.62%
- Median
- 1.83%
- Q1
- 0.00%
- Min
- 0.00%
ETN’s Dividend Payout Ratio of 39.76% is in the upper quartile for the Electrical Equipment industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | CAT | ETN |
|---|---|---|
| Dividend Yield (TTM) | 0.64% | 1.02% |
| Dividend Payout Ratio (TTM) | 30.94% | 39.76% |
Valuation
Price-to-Earnings Ratio (TTM)
CAT
47.98
Machinery Industry
- Max
- 49.80
- Q3
- 35.74
- Median
- 28.09
- Q1
- 20.92
- Min
- 10.47
A P/E Ratio of 47.98 places CAT in the upper quartile for the Machinery industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
ETN
38.98
Electrical Equipment Industry
- Max
- 100.52
- Q3
- 61.53
- Median
- 36.90
- Q1
- 29.20
- Min
- 6.14
ETN’s P/E Ratio of 38.98 is within the middle range for the Electrical Equipment industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
CAT
6.31
Machinery Industry
- Max
- 6.31
- Q3
- 3.85
- Median
- 2.93
- Q1
- 1.39
- Min
- 0.18
CAT’s P/S Ratio of 6.31 is in the upper echelon for the Machinery industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
ETN
7.81
Electrical Equipment Industry
- Max
- 12.71
- Q3
- 10.49
- Median
- 6.22
- Q1
- 4.29
- Min
- 1.10
ETN’s P/S Ratio of 7.81 aligns with the market consensus for the Electrical Equipment industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
CAT
12.58
Machinery Industry
- Max
- 7.75
- Q3
- 4.38
- Median
- 3.08
- Q1
- 1.77
- Min
- 0.29
At 12.58, CAT’s P/B Ratio is at an extreme premium to the Machinery industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
ETN
6.37
Electrical Equipment Industry
- Max
- 11.68
- Q3
- 6.90
- Median
- 5.06
- Q1
- 2.93
- Min
- 0.46
ETN’s P/B Ratio of 6.37 is within the conventional range for the Electrical Equipment industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | CAT | ETN |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 47.98 | 38.98 |
| Price-to-Sales Ratio (TTM) | 6.31 | 7.81 |
| Price-to-Book Ratio (MRQ) | 12.58 | 6.37 |
| Price-to-Free Cash Flow Ratio (TTM) | 57.19 | 44.87 |