Caterpillar (CAT) vs CNH Industrial N.V. (CNH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Caterpillar (CAT) has outperformed CNH Industrial N.V. (CNH) over the past year, gaining 66.8% versus a gain of 13.7%. Over five years, CAT leads with a +308.9% price change compared with -15.2% for CNH. Caterpillar is the larger company by market cap ($374.10 billion vs $20.04 billion), about 18.7 times the size.
On valuation, CNH Industrial N.V. trades at a lower forward P/E (18.1x vs 25.1x for Caterpillar). CNH Industrial N.V. offers the higher dividend yield (0.80% vs 0.76%). Caterpillar converts more of its revenue into profit, with a net margin of 13.1% versus 2.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CAT | CNH |
|---|---|---|
| Share price | $813.83 | $12.46 |
| Market cap | $374.10B | $20.04B |
| 1-day change | -5.75% | -6.10% |
| YTD return | +41.68% | +35.14% |
| 1-year return | +66.76% | +13.69% |
| 5-year return | +308.92% | -15.24% |
| P/E ratio (TTM) | 35.03 | 49.84 |
| Forward P/E | 25.09 | 18.11 |
| EPS (TTM) | $23.23 | $0.25 |
| Dividend yield | 0.76% | 0.80% |
| Annual dividend | $6.16 | $0.10 |
| Revenue (latest FY) | $67.59B | $18.09B |
| Revenue growth (YoY) | +4.29% | -8.78% |
| Net income (latest FY) | $8.88B | $510.00M |
| Gross margin | 33.79% | 31.53% |
| Operating margin | 16.50% | — |
| Net margin | 13.14% | 2.82% |
| 52-week high | $1,073.46 | $14.46 |
| 52-week low | $489.34 | $9.00 |
| Distance from 52-week high | -24.19% | -13.83% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +19.29% | +12.68% |
| Average volume | 2.64M | 17.66M |
| Shares outstanding | 459.67M | 1.24B |
| Employees | 118,000 | 34,197 |
| Sector | Industrials | Industrials |
| Industry | Construction/Ag Equipment/Trucks | Construction/Ag Equipment/Trucks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Caterpillar is about 18.7 times larger than CNH Industrial N.V. by market value ($374.10B vs $20.04B).
- CAT has outperformed CNH by 53.1 percentage points over the past year.
- CNH Industrial N.V. trades at a higher earnings multiple (49.8x vs 35.0x trailing P/E).
- Caterpillar is more profitable, keeping 13.1 cents of every revenue dollar as net income versus 2.8 cents for CNH Industrial N.V..
- Caterpillar grew revenue faster in its latest fiscal year (+4.29% vs -8.78%).
About Caterpillar
CAT stock →Caterpillar Inc. provides construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in the United States and internationally.
Industrials · Construction/Ag Equipment/Trucks · 118,000 employees
About CNH Industrial N.V.
CNH stock →CNH Industrial N.V., an equipment company, engages in the develops, manufacture, and sale agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services.
Industrials · Construction/Ag Equipment/Trucks · 34,197 employees
CAT vs CNH FAQ
Which is bigger, Caterpillar or CNH Industrial N.V.?
Caterpillar (CAT) is larger, with a market capitalization of $374.10B compared with $20.04B for CNH Industrial N.V. (CNH).
Which stock has performed better over the past year, CAT or CNH?
CAT returned +66.76% over the past 12 months, compared with +13.69% for CNH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CAT or CNH?
CAT has the lower trailing P/E at 35.0, versus 49.8 for CNH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Caterpillar or CNH Industrial N.V.?
CNH Industrial N.V. has the higher yield at 0.80%, compared with 0.76% for Caterpillar.
Are Caterpillar and CNH Industrial N.V. in the same industry?
Yes. Both are classified in the Construction/Ag Equipment/Trucks industry within the Industrials sector.