CAT vs. OTIS: Caterpillar vs. Otis Worldwide Stock Comparison

November 11, 2026

How do Caterpillar (CAT) and Otis Worldwide (OTIS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Caterpillar (CAT) and Otis Worldwide (OTIS) both belong to the Machinery industry, though CAT is classified under Construction Machinery & Heavy Transportation Equipment while OTIS falls under Industrial Machinery & Supplies & Components.

Caterpillar (CAT) has more than two decades of public-market history since January 2, 1962, whereas Otis Worldwide (OTIS) listed on March 19, 2020 and has a much shorter record to draw on.

Company profile comparison for Caterpillar (CAT) and Otis Worldwide (OTIS)
Profile Item	CAT	OTIS
Name	Caterpillar Inc.	Otis Worldwide Corporation
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Machinery
GICS Sub-Industry	Construction Machinery & Heavy Transportation Equipment	Industrial Machinery & Supplies & Components
Market Capitalization	255.63 billion USD	30.06 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	March 19, 2020
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CAT

OTIS

GSPC

Caterpillar (CAT) vs. Otis Worldwide (OTIS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Caterpillar (CAT) and Otis Worldwide (OTIS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Caterpillar (CAT) and Otis Worldwide (OTIS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Caterpillar (CAT) and Otis Worldwide (OTIS)
Metric	CAT	OTIS
Total Return (1Y)	6.75%	-10.81%
Total Return (3Y, Annualized)	38.34%	1.33%
Total Return (5Y, Annualized)	25.28%	0.66%

Risk Profile

Drawdown History

CAT

OTIS

GSPC

Caterpillar (CAT) vs. Otis Worldwide (OTIS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Caterpillar (CAT) and Otis Worldwide (OTIS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Caterpillar (CAT) and Otis Worldwide (OTIS)
Metric	CAT	OTIS
Volatility (1Y, Annualized)	41.33%	23.24%
Beta (5Y)	1.65	0.85
Max Drawdown (5Y)	-47.79%	-37.22%
Avg. Volume (3M)	2.82M	4.42M

Risk-Adjusted Performance

Risk-Return Positioning

CAT and OTIS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Caterpillar (CAT) and Otis Worldwide (OTIS)
Metric	CAT	OTIS
Sharpe Ratio (1Y)	0.06	-0.65
Sortino Ratio (1Y)	0.08	-0.92

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Caterpillar (CAT) earns 56.14% on shareholders’ equity, ranked against its industry; Otis Worldwide (OTIS) has no ROE this period.

CAT

Capital Goods industry group

56.14%

CAT: 56.14%
Max: 40.55%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

OTIS

Capital Goods industry group

Max: 40.55%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%
OTIS: --

Caterpillar (CAT) vs. Otis Worldwide (OTIS): OTIS does not report ROE, so it has no value marker; CAT is benchmarked against the Capital Goods industry group.

Net Margin (TTM)

Caterpillar (CAT) at 15.21% retains a top-quartile share of revenue as profit, ahead of Otis Worldwide (OTIS) at 10.28%, which keeps about the industry-typical share.

CAT

Capital Goods industry group

15.21%

Max: 27.47%
CAT: 15.21%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

OTIS

Capital Goods industry group

10.28%

Max: 27.47%
Q3: 12.10%
OTIS: 10.28%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Caterpillar (CAT) vs. Otis Worldwide (OTIS): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Caterpillar (CAT) at 20.19% operates in the top operating margin quartile, ahead of Otis Worldwide (OTIS) at 15.97%, which runs around its industry’s norm.

CAT

Capital Goods industry group

20.19%

Max: 36.60%
CAT: 20.19%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

OTIS

Capital Goods industry group

15.97%

Max: 36.60%
Q3: 18.33%
OTIS: 15.97%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Caterpillar (CAT) vs. Otis Worldwide (OTIS): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Caterpillar (CAT) and Otis Worldwide (OTIS)
Metric	CAT	OTIS
ROE (TTM)	56.14%	--
ROA (TTM)	9.09%	13.26%
Net Margin (TTM)	15.21%	10.28%
Operating Margin (TTM)	20.19%	15.97%
Gross Margin (TTM)	29.54%	29.95%

Growth

Revenue Growth

Caterpillar (CAT) at 4.29% is around its peer norm for revenue growth, while Otis Worldwide (OTIS) at 1.19% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Caterpillar (CAT) vs. Otis Worldwide (OTIS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Caterpillar (CAT) at -14.69% and Otis Worldwide (OTIS) at -14.00% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Caterpillar (CAT) vs. Otis Worldwide (OTIS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Caterpillar (CAT) and Otis Worldwide (OTIS)
Metric	CAT	OTIS
Revenue Growth (YoY)	4.29%	1.19%
Revenue Growth (3Y CAGR)	4.38%	1.79%
EPS Growth (YoY)	-14.69%	-14.00%
EPS Growth (3Y CAGR)	14.17%	5.74%

Financial Strength

Current Ratio (MRQ)

Both Caterpillar (CAT) at 1.42 and Otis Worldwide (OTIS) at 0.86 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

CAT

Capital Goods industry group

1.42

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
CAT: 1.42
Min: 0.36

OTIS

Capital Goods industry group

0.86

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
OTIS: 0.86
Min: 0.36

Caterpillar (CAT) vs. Otis Worldwide (OTIS): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Caterpillar (CAT) carries debt-to-equity ratio of 2.10 against its industry range, while Otis Worldwide (OTIS) reports no figure this period.

CAT

Capital Goods industry group

2.10

Max: 2.33
CAT: 2.10
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

OTIS

Capital Goods industry group

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00
OTIS: --

Caterpillar (CAT) vs. Otis Worldwide (OTIS): OTIS does not report debt-to-equity ratio, so it has no value marker; CAT is benchmarked against the Capital Goods industry group.

Financial Strength Metrics

Financial strength metrics for Caterpillar (CAT) and Otis Worldwide (OTIS)
Metric	CAT	OTIS
Current Ratio (MRQ)	1.42	0.86
Debt / Equity (MRQ)	2.10	--
Net Debt / EBITDA	2.25	3.12

Dividends

Dividend Yield (TTM)

Otis Worldwide (OTIS) at 2.16% delivers top-quartile income for its industry, while Caterpillar (CAT) at 1.13% pays a more typical yield — both are credible income propositions, OTIS the richer one.

CAT

Capital Goods industry group

1.13%

Max: 2.66%
Q3: 1.14%
CAT: 1.13%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

OTIS

Capital Goods industry group

2.16%

Max: 2.66%
OTIS: 2.16%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Caterpillar (CAT) vs. Otis Worldwide (OTIS): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Caterpillar (CAT) at 24.18% pays out a band-typical share of earnings, while Otis Worldwide (OTIS) at 42.79% distributes more than its industry norm — less retained, thinner cover.

CAT

Capital Goods industry group

24.18%

Max: 67.39%
Q3: 28.02%
CAT: 24.18%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

OTIS

Capital Goods industry group

42.79%

Max: 67.39%
OTIS: 42.79%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Caterpillar (CAT) vs. Otis Worldwide (OTIS): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Caterpillar (CAT) and Otis Worldwide (OTIS)
Metric	CAT	OTIS
Dividend Yield (TTM)	1.13%	2.16%
Dividend Payout Ratio (TTM)	24.18%	42.79%

Valuation

P/E Ratio (TTM)

Both Caterpillar (CAT) at 21.92 and Otis Worldwide (OTIS) at 19.64 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

CAT

Capital Goods industry group

21.92

Max: 59.38
Q3: 35.92
Median: 25.41
CAT: 21.92
Q1: 19.47
Min: 3.03

OTIS

Capital Goods industry group

19.64

Max: 59.38
Q3: 35.92
Median: 25.41
OTIS: 19.64
Q1: 19.47
Min: 3.03

Caterpillar (CAT) vs. Otis Worldwide (OTIS): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Caterpillar (CAT) at 3.29 and Otis Worldwide (OTIS) at 1.99 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

CAT

Capital Goods industry group

3.29

Max: 7.54
Q3: 3.76
CAT: 3.29
Median: 2.15
Q1: 1.03
Min: 0.03

OTIS

Capital Goods industry group

1.99

Max: 7.54
Q3: 3.76
Median: 2.15
OTIS: 1.99
Q1: 1.03
Min: 0.03

Caterpillar (CAT) vs. Otis Worldwide (OTIS): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Otis Worldwide (OTIS) reports a negative P/B ratio of -5.54, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Caterpillar (CAT) reports 11.90, ranking against industry peers normally.

CAT

Capital Goods industry group

11.90

CAT: 11.90
Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

OTIS

Capital Goods industry group

-5.54

Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08
OTIS: -5.54

Caterpillar (CAT) vs. Otis Worldwide (OTIS): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Caterpillar (CAT) and Otis Worldwide (OTIS)
Metric	CAT	OTIS
P/E Ratio (TTM)	21.92	19.64
P/S Ratio (TTM)	3.29	1.99
P/B Ratio (MRQ)	11.90	-5.54
Free Cash Flow Yield (TTM)	1.55%	4.61%