Why is CAT down?
Down 9% on Oct 29 while the S&P 500 fell 0.4%.
“Caterpillar Reports Third-Quarter 2026 Results Third Quarter ($ in billions except profit per share) 2026 2025.”
Down 9% on Oct 29 while the S&P 500 fell 0.4%.
“Caterpillar Reports Third-Quarter 2026 Results Third Quarter ($ in billions except profit per share) 2026 2025.”
CAT's Quality Score fell 1 point on Mon, Nov 2, to 5.
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| Long-term trend | −1 |
| Latest filing | 8-K, Oct 29 |
After its last 4 reports it closed +2.4% on average, higher 3 of 4 times.
CAT is #3 of 4 by Quality Score among Construction Machinery & Equipment.
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| Open for its score |
Reports Tue Feb 2, before the open (in 92 days). Confirmed.
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
The figures are not read from the release yet.
“The increase was primarily due to the profit impact of higher sales volume.”
CAT's results filing gives no sales by line in a table we read.
No outlook figures read from this release.
Sales grew 10% a year over 5 years, fiscal 2020 to 2025.
Pays $6.52 a share a year.
| Reported | Gap | Reaction | 5 sessions |
|---|---|---|---|
| Oct 29, 2026 | -10.8% | -9.3% | open |
| Aug 4, 2026 | +11.1% | +5.6% | +0.9% |
| Apr 30, 2026 | +5.8% | +9.9% | +14.4% |
Sales grew in four of the last seven years, to $68B in 2025. It made a profit in each of the eight years.
Its dividends come to 28% of its free cash flow.
| Dividend | $6.52 a share a year |
| Paid out | About $3B a year |
| Free cash flow | $11B |
| Record | Raised each of the last 5 years |
6 insiders sold $104M across 32 filings in the last 6 months. No open-market buys on record. The newest:
8 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: CAT is 2.0% of SPMO, 1.2% of VIG, and 1.1% of VYM, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jul 31 to Aug 31, 2026.
Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its reporting segments are construction, resource, energy, and transportation. Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has a global reach that is approximately evenly balanced between the US and the rest of the world. Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of over 150 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.
“Caterpillar products and services are sold worldwide into a variety of highly competitive markets.”
CAT scores 5 today, which Breakaway calls Below Average. It is #3 of 4 in Construction Machinery & Equipment by Quality Score, with 0 of 14 chart checks firing. Down 9% on Oct 29 while the S&P 500 fell 0.4%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
CAT scores 5 today, which Breakaway calls Below Average (0 to 5). That is #3 of 4 in Construction Machinery & Equipment by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind CAT's 5.
6 insiders sold $104M across 32 filings in the last 6 months. No open-market buys on record. The newest is Joseph E. Creed, Chief Executive Officer, who sold $5M on Aug 28. Every filing, with the scored weight, for Pro members.
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