RBC Capital has initiated coverage on Caterpillar Inc (CAT) with a Sector Perform rating as of October 21, 2025. This marks the firm's first assessment of the company's investment potential, grounded in their research of the business and industry dynamics.
Caterpillar, headquartered in Irving, Texas, is a leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, and industrial gas turbines. The company operates through various segments, including Construction Industries, Resource Industries, and Energy & Transportation, and employs approximately 112,900 full-time staff. As of November 8, 2025, Caterpillar's market capitalisation stands at $261.0 billion, with a P/E ratio of 28.15 and an EPS of 19.49.
Upcoming earnings reports are scheduled for April 27, 2026, with an estimated EPS of $4.34 and revenue of $15.9 billion, and August 2, 2026, with an estimated EPS of $5.57 and revenue of $17.6 billion.
Analyst ratings provide insights based on research and financial models, but they are inherently subject to change as new information emerges. Investors should consider a range of factors, including company fundamentals and industry trends, when making decisions. As of November 1, 2025, the consensus among analysts is a Buy, with 8 Strong Buy, 7 Buy, 15 Hold, and 2 Sell ratings noted in the latest assessments.