CAT vs DE

Caterpillar (CAT) and Deere & (DE) compared side by side. Caterpillar (CAT) is larger, with a market cap of $315.8B versus $174.2B for Deere &, about 1.8 times the size. On trailing earnings, CAT is cheaper at 29.6x versus 35.9x for DE.

Head to head

MetricCATDE
Market cap$315.8B$174.2B
P/E (TTM)29.6x35.9x
Forward P/E21.1x28.4x
Revenue (TTM)$74.7B$47.9B
Revenue growth24.0%4.9%
Gross margin29.7%25.2%
Operating margin22.2%13.4%
Free cash flow$9.0B$3.2B
Dividend yield0.95%1.00%
1-year return+32.8%+39.2%
5-year return (annual)+30.0%+15.1%
Max drawdown-73%-73%
FI Handbook gradeB-C-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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20222023202420252026
CATDE

CAT vs DE FAQ

Which is bigger, CAT or DE?

Caterpillar (CAT) is larger, with a market cap of $315.8B versus $174.2B for Deere &, about 1.8 times the size.

Is CAT or DE cheaper?

On trailing earnings, CAT is cheaper at 29.6x versus 35.9x for DE. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, CAT or DE?

DE returned +39.2% over the past year including dividends, versus +32.8% for CAT, through October 23, 2026.

Which pays a higher dividend, CAT or DE?

DE yields 1.00% versus 0.95% for CAT.

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