Caterpillar vs Paccar
Caterpillar is the larger business, with $67.59bn of revenue in fiscal 2025 against $28.44bn for Paccar (2.4 times as much). Caterpillar grew faster (4.3% against -15.5%). Caterpillar kept more of each dollar of sales as profit: a net margin of 13.1% against 8.4%. Paccar carries less debt relative to equity (0.0% against 169.9%).
| Latest fiscal year | CaterpillarCAT, 2025 | PaccarPCAR, 2025 |
|---|---|---|
| Revenue | $67.59bn | $28.44bn |
| Revenue growth | 4.3% | -15.5% |
| Net income | $8.88bn | $2.38bn |
| Operating margin | 16.5% | — |
| Net margin | 13.1% | 8.4% |
| Return on equity | 43.5% | 12.9% |
| Free cash flow | $8.92bn | $3.67bn |
| Cash | $9.98bn | — |
| Total debt | $36.21bn | $0 |
| Debt to equity | 169.9% | 0.0% |
| Dividend per share | $5.94 | $2.72 |
| Dividend yield | 1.0% | 2.7% |
| Share buybacks | $5.19bn | $36.1m |
| Employees | — | 25,900 |
| Market value | $286.28bn | $53.70bn |
| Price vs our value range | — | — |
| Moat score | 66 (Moderate) | 68 (Moderate) |
| Insider trades, 12 months | 2 buys, 91 sales | 0 buys, 16 sales |