CAT vs WAB
Caterpillar (CAT) and Wabtec (WAB) compared side by side. Caterpillar (CAT) is larger, with a market cap of $315.8B versus $46.0B for Wabtec, about 6.9 times the size. On trailing earnings, CAT is cheaper at 29.6x versus 33.8x for WAB.
Head to head
| Metric | CAT | WAB |
|---|---|---|
| Market cap | $315.8B | $46.0B |
| P/E (TTM) | 29.6x | 33.8x |
| Forward P/E | 21.1x | 21.6x |
| Revenue (TTM) | $74.7B | — |
| Revenue growth | 24.0% | — |
| Gross margin | 29.7% | — |
| Operating margin | 22.2% | — |
| Free cash flow | $9.0B | $1.7B |
| Dividend yield | 0.95% | 0.46% |
| 1-year return | +32.8% | +38.9% |
| 5-year return (annual) | +30.0% | +24.8% |
| Max drawdown | -73% | -72% |
| FI Handbook grade | B- | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
CAT vs WAB FAQ
Which is bigger, CAT or WAB?
Caterpillar (CAT) is larger, with a market cap of $315.8B versus $46.0B for Wabtec, about 6.9 times the size.
Is CAT or WAB cheaper?
On trailing earnings, CAT is cheaper at 29.6x versus 33.8x for WAB. 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 WAB?
WAB returned +38.9% over the past year including dividends, versus +32.8% for CAT, through October 23, 2026.
Which pays a higher dividend, CAT or WAB?
CAT yields 0.95% versus 0.46% for WAB.
Full pages: Caterpillar · Wabtec