Valuation + Options Snapshot

CAT

$819.00 · 52-week range $423.32 – $1073.46 · as of 2026-09-11

Value

Expensive

Volatility setup

Fair

What the numbers show

  • P/E 35.3× vs 5y median 16.9× — 108.4% above its own history.
  • FCF yield 2.8% — thin.
  • Dividend yield 0.75% — well covered by TTM FCF (3.8×).
  • YoY growth — revenue +18.4%, EPS +18.2%, FCF +19.4%.
  • Share count down 4.8% over 8 quarters — modest buyback.
  • ATM IV 37.7% vs trailing realized vol 39.4% — -1.7 vol points (roughly fair).
  • Liquid chain — ATM-band put OI 20,556.

Current P/E

35.3×

5y median P/E

16.9×

vs 5y median

+108.4%

FCF yield

2.84%

Dividend yield

0.75%

Coverage (FCF / div)

3.8×

Revenue YoY

+18.4%

EPS YoY

+18.2%

FCF YoY

+19.4%

Shares Δ (8 quarters)

-4.8%

ATM implied vol

37.7%

Realized vol (1y)

39.4%

IV − RV

-1.7 pts

ATM-band put OI

20,556

Range position

48% above low

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This page is not a recommendation. It shows structural numbers and classification only. Whether CAT is a name worth owning — at any price or strike — is the analyst work the paid Value Options Letter does every week.