Caterpillar reported a 17% increase in third-quarter 2026 sales and revenues, reaching $20.7 billion, driven by higher sales volume and favorable pricing. Profit per share rose significantly to $7.13 from $4.88 in the same quarter last year, reflecting strong market demand and operational efficiency. The company also returned $2 billion to shareholders through share repurchases and dividends, signaling confidence in its financial health and future growth prospects.
Caterpillar shares are trading at USD 650.01 on Pluang as of Oct 29, 2026 17:41 WIB, down 8.88% in the past day despite the strong quarterly results. The stock's market cap stands at $327.92 billion with a dividend yield of 0.91%. This price movement contrasts with the company's reported 17% sales increase and $7.13 earnings per share, highlighting a complex market reaction to the earnings news.
Caterpillar recently raised its dividend for the sixth consecutive year, signaling steady growth, while Deere has held its dividend flat for two years amid a farm downturn. Caterpillar's dividend payout ratio is lower, with more free cash flow availa...
Caterpillar reports Q3 results on October 29 amid a 15.4% stock drop over the past month despite a record $72 billion backlog. Last quarter, the company posted $20.54 billion in revenue, a 24% increase year-over-year, and raised its 2026 sales growth...
