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Equity · Industrials
Caterpillar Inc. (CAT) perpetual futures
CAT perpetual futures on 10 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade CATUSDT.
Caterpillar manufactures and sells heavy construction and mining equipment, power generation systems, and industrial gas turbines worldwide.
$818.02-1.9%NYSE closed
Price chart
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Collecting venue price data...
venue perp mark · BingX (CATUS-USDT)
Auto: highest-volume live perp venueOpen in TradingView
Trading data
Perpetual market activity
10/10 live markets
Trading data
Perpetual market activity
Venues
10
Live markets
10/10
24h volume
$623KCoverage: 9/10 marketsExchange-reported volume: $1.9M
Open interest
$15.6M
Best liquidity
$612.2K
LBank
Tightest spread
+6.7 bps
Bybit
Highest volume
$179.2K
Binance
Settlement mix
USDT · 10/10
Perp/spot vol.
0.00x
Spot volume $1.6B
OI / float
0.00%
Float $375.4B
Spot performance
1D-1.92%
5D-0.68%
1M+1.32%
6M+21.48%
YTD+41.53%
1Y+69.92%
Venue matrix
10 markets
Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.
| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | CAT/USDT | Trading | $817.89 | +99.2% APR +0.091% every 8h | +15.9 bps | $108.2K | $179.2K | $346.4K | USDT | - | |
 MEXC | Trade | CATSTOCK/USDT | Trading | $813.00 | -12.3% APR -0.011% every 8h | +24.6 bps | $3.4K | $96.8K | $281.9K | USDT | 20x | |
 Ourbit | Trade | CATSTOCK/USDT | Trading | $818.54 | +97.7% APR +0.089% every 8h | +15.8 bps | - | $94.7K | $122.6K | USDT | 20x | |
 Bybit | Trade | CATSTOCK/USDT | Trading | $818.98 | +66.5% APR +0.061% every 8h | +6.7 bps | $15K | $74.4K | $236K | USDT | 25x | |
 HTX | Trade | CATSTOCK/USDT | Trading | $820.32 | +11.0% APR +0.010% every 8h | +54.4 bps | $511.4 | $59.8K | $404.4 | USDT | - | |
 LBank | Trade | CATSTOCK/USDT | Trading | $818.02 | +97.7% APR +0.089% every 8h | +15.9 bps | $612.2K | $59.5K | $49K | USDT | 20x | |
 Bitget | Trade | CAT/USDT | Trading | $817.64 | +5.4% APR +0.00490% every 8h | +14.8 bps | - | $40.2K | $248.6K | USDT | 20x | |
 XT.com | Trade | CAT/USDT | Trading | $816.07 | +99.9% APR +0.091% every 8h | +50.1 bps | $35.8K | $15.4K | $14.2M | USDT | 25x | |
 Gate.io | Trade | CAT/USDT | Trading | $815.40 | 0.0% APR 0.000% every 8h | +44.0 bps | $15.4K | $2.9K | $168.5K | USDT | 20x | |
 BingX | Trade | CATUS-USDT | Trading | $818.54 | +88.6% APR +0.081% every 8h | +24.2 bps | $120.8K | $1.2M⚠ | $7.9K | USDT | - |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tokenized wrappers of the real stock, tradable on-chain and on crypto exchanges around the clock. Premium/discount compares the token price to our stock reference price. Data: CoinMarketCap · Robinhood · DexScreener · GeckoTerminal.
| Product | Price | Premium vs stock | 24h Vol. | Market Cap | Chains |
|---|---|---|---|---|---|
| CATonOndo GM | $818.68 | +0.08% | $257k | $20k | Ethereum · BNB Smart Chain (BEP20) · Solana |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kAdequate liquidity · 6 of 10 venues absorb $10k · Typical cost: +38.7 bps – +75.5 bps
Too thin: MEXC, HTX
No fresh book data: Ourbit, Bitget
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
CATTightest spread
CATHighest volume
CATFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketCompany data
Company fundamentals
Updated 2h ago
Company data
Company fundamentals
Market cap
$373.5B
Updated 2h ago
Revenue
$74.7B
Trailing 12 months
Revenue growth
+18%
Next fiscal year
Profit margin
+14.5%
P/E
34.7
Peer P/E 34.5
Free cash flow
$9B
Trailing 12 months
More metrics
Net income
$10.8B
Trailing 12 months
P/S
5.0
Peer P/E
34.5
Similar listed perps
Revenue estimate
$79.5B
Next fiscal year
Earnings
2026-11-04
Revenue est. $20.5B · Updated 2h ago
Dividend
$1.63
2026-07-20
Fundamental detail
Annual + quarterlyLatest revenue$67.6B
Net margin+13.1%
Free cash flow$7.5B
Net debt$33.4B
PeriodRevenueGrowthNet incomeFCF
2020$41.7B-22%$3B$4.2B
2021$51B+22%$6.5B$4.7B
2022$59.4B+17%$6.7B$5.2B
2023$67.1B+13%$10.3B$9.8B
2024$64.8B-3%$10.8B$8.8B
2025$67.6B+4%$8.9B$7.5B
PeriodGross marginOperating marginNet marginROEROA
2020+28.9%+10.9%+7.2%+19.6%+3.8%
2021+29.4%+13.5%+12.7%+39.4%+7.8%
2022+29.5%+13.3%+11.3%+42.3%+8.2%
2023+34.7%+19.3%+15.4%+53.0%+11.8%
2024+36.0%+20.2%+16.7%+55.4%+12.3%
2025+32.3%+16.6%+13.1%+41.6%+9.0%
PeriodCashDebtNet debtCurrent ratio
2020$9.4B$37.2B$27.8B1.53
2021$9.3B$37.8B$28.5B1.46
2022$7B$37B$30B1.39
2023$7B$37.9B$30.9B1.35
2024$6.9B$38.4B$31.5B1.42
2025$10B$43.3B$33.4B1.44
PeriodMarket capEnterprise valueP/SP/E
2020$99B$126.8B2.433.0
2021$112.5B$141B2.217.3
2022$126.2B$156.2B2.118.8
2023$151B$181.9B2.314.6
2024$176.6B$208.1B2.716.4
2025$267.2B$300.6B4.030.3
PeriodRevenueGrowthNet incomeFCF
Q3 2024$16.1B-4%$2.5B$2.8B
Q4 2024$16.2B-5%$2.8B$2.4B
Q1 2025$14.2B-10%$2B$371M
Q2 2025$16.6B-1%$2.2B$2.2B
Q3 2025$17.6B+10%$2.3B$2.7B
Q4 2025$19.1B+18%$2.4B$2.2B
Q1 2026$17.4B+22%$2.5B$819M
Q2 2026$20.5B+24%$3.6B$3.3B
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+35.4%+19.5%+15.3%+12.7%+2.9%
Q4 2024+34.3%+18.0%+17.2%+14.3%+3.2%
Q1 2025+34.8%+18.1%+14.1%+11.1%+2.4%
Q2 2025+33.0%+17.6%+13.2%+11.7%+2.4%
Q3 2025+33.8%+17.3%+13.0%+11.1%+2.4%
Q4 2025+28.6%+13.9%+12.5%+11.3%+2.4%
Q1 2026+35.1%+17.7%+14.6%+13.7%+2.7%
Q2 2026+37.8%+20.9%+17.5%+18.5%+3.5%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$5.6B$37.9B$32.3B1.40
Q4 2024$6.9B$38.4B$31.5B1.42
Q1 2025$3.6B$38.6B$35B1.32
Q2 2025$5.4B$40.7B$35.3B1.34
Q3 2025$7.5B$41.5B$34B1.38
Q4 2025$10B$43.3B$33.4B1.44
Q1 2026$4.1B$43.1B$39B1.35
Q2 2026$6.7B$45.1B$38.4B1.37
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$189.4B$221.6B11.819.2
Q4 2024$175.6B$207.2B10.815.6
Q1 2025$156.6B$191.6B11.019.5
Q2 2025$182.3B$217.6B11.020.9
Q3 2025$223.6B$257.6B12.724.4
Q4 2025$267.2B$300.6B14.027.8
Q1 2026$328.3B$367.3B18.932.2
Q2 2026$490.3B$528.7B23.934.1
Refreshed 2h ago
Charts: revenue, profit, cash flow & valuation
CashDebt
Gross marginOperating marginNet margin
P/EP/S
CashDebt
Gross marginOperating marginNet margin
P/EP/S
Next catalyst
Catalysts
Next catalyst
Catalysts
Earnings
2026-11-04
Revenue est. $20.5B · Updated 2h ago
Dividend
$1.63
2026-07-20
No unusual perp activity right now.
FMP reference data
Market context
FMP reference data
Market context
New York Stock Exchange
After-hours reference
Bid813.05
Ask814.62
Volume1,962,011
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6DateEPS estimateRevenue estimateGrowthAnalysts
FY 202627.25$79.5B+18%19
FY 202732.42$88.3B+31%19
FY 202838.72$98.1B+45%9
FY 202946.30$109.8B+62%3
FY 203049.32$113.5B+68%3
Q1 20276.50$19.2B+10%8
Company events
62026-11-04EarningsActual - / Estimate 6.95-
2026-08-04EarningsActual 8.17 / Estimate 6.22Beat
2026-07-20Dividend$1.63-
2026-04-30EarningsActual 5.54 / Estimate 4.65Beat
2026-04-20Dividend$1.51-
2026-01-29EarningsActual 5.16 / Estimate 4.71Beat
Peer comparison
Similar listed perpsRevenue mix
PendingSegment data is not available yet.
Analysts
PendingNo analyst data available yet.
Ownership
CAT-PERPOwnership data is being populated.
Filings
PendingNo filings available yet.
Transcripts
PendingNo transcripts available yet.
Company news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.No articles from Reuters, WSJ, Bloomberg or FT for this company in our feed.
FMP company data
Company intelligence
Updated: Oct 1, 2026, 01:41 AM UTC
FMP company data
Company intelligence
Company profile
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- Chief executive
- Joseph E. Creed
- Employees
- 118,000
- IPO date
- Dec 2, 1929
- Country
- US
- Exchange
- New York Stock Exchange
Altman Z-scorei5.05
Piotroski scorei8/9
FMP ratingiB
Owner earningsi$4.15B$8.97 per share
ESG risk ratingiB-Industry rank: 18 out of 18
Rating factors
- Return on equityi
- 5
- Return on assetsi
- 5
- Debt to equityi
- 1
- Price to earningsi
- 1
- Price to booki
- 1
Company press releases
Caterpillar to Invest $1 Billion in North Carolina to Expand Cat Compact Manufacturing CapacityPRNewsWireCaterpillar Inc. Enters into Agreement to Acquire Fabick Cat DealershipPRNewsWireLuck Stone Builds on Autonomous Hauling Success with CaterpillarPRNewsWireWarner Bros. Pictures Animation and WaterTower Music Release the Theme Song From THE CAT IN THE HATBusiness WireCaterpillar and FieldAI Advance AI-Powered Industrial InnovationPRNewsWireCaterpillar CEO Joe Creed to Participate in Virtual Headquarters Visit with Wells FargoPRNewsWire
Congressional disclosures
Senate
John BoozmanPurchase · $1,001 - $15,000Disclosed: Feb 15, 2026Markwayne MullinPurchase · $15,001 - $50,000Disclosed: Jan 16, 2026Markwayne MullinPurchase · $15,001 - $50,000Disclosed: Jan 16, 2026Markwayne MullinPurchase · $1,001 - $15,000Disclosed: Nov 1, 2023Markwayne MullinPurchase · $15,001 - $50,000Disclosed: Oct 12, 2023
House
Jared MoskowitzSale (Partial) · $1,001 - $15,000Disclosed: May 1, 2026Jared MoskowitzSale · $1,001 - $15,000Disclosed: May 1, 2026Jared MoskowitzSale (Partial) · $1,001 - $15,000Disclosed: May 1, 2026Gilbert Ray CisnerosPurchase · $1,001 - $15,000Disclosed: Dec 15, 2025Gilbert CisnerosPurchase · $1,001 - $15,000Disclosed: Dec 15, 2025
Market cap history
$380.59B-22.9%Jun 26 – Sep 26
Latest: $380.59B · 2026-09-29High: $493.47B · 2026-06-30Low: $360.95B · 2026-09-14
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| VTI | 0.5% | 14.6M |
| VSCA.S | 0.41% | 12.5M |
| VOO | 0.55% | 12.2M |
| IVV | 0.56% | 6.1M |
| 1657.T | 0.43% | 6.1M |
| XAW.TO | 0.33% | 6.1M |
| XUU.TO | 0.5% | 6.1M |
| FXAIX | 0.58% | 6M |
| 1557.T | 0.56% | 5.7M |
| SPY | 0.57% | 5.7M |
| VCPA.S | 0.11% | 5.2M |
| DIA | 9.42% | 5.2M |
Analyst track record
How the analysts covering CAT have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 157 | 367 |
| Analysts | 27 | 36 |
| Buy / hold / sell | 93 / 57 / 7 | 197 / 138 / 32 |
| Upgrades / downgrades / initiations | 5 / 2 / 3 | 15 / 10 / 8 |
| Price targets hit / missed | 79 / 66 (54%) | 272 / 66 (80%) |
| Avg. return after a rating (TipRanks) | +9.7% | +76.4% |
| Best / worst call | +111.9% / -34.3% | +285.3% / -34.3% |
After buy calls on this stock: median 21-day move +5.4% vs S&P 500 +2.1% (n = 193)
Most accurate on this stock
Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.
- Michael FenigerBank of America Securities100% hit rate on this stock · 19 targets measuredBuytarget $989Sep 28, 2026
- Kyle MengesCiti100% hit rate on this stock · 14 targets measuredBuytarget $1,100Sep 14, 2026
- Jamie CookTruist Financial100% hit rate on this stock · 13 targets measuredBuytarget $1,225Aug 5, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Sep 28, 2026 | Chad DillardBernstein | HoldMaintained | $1,002 | article ↗ |
| Sep 28, 2026 | Michael FenigerBank of America Securities | BuyMaintained | $989 | article ↗ |
| Sep 24, 2026 | Chad DillardBernstein | HoldMaintained | $1,002 | article ↗ |
| Sep 21, 2026 | Chad DillardBernstein | HoldMaintained | $1,002 | article ↗ |
| Sep 21, 2026 | Chad DillardBernstein | HoldMaintained | $1,002 |
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data via FMP · computed Sep 29, 2026 · 157 ratings
Frequently asked questions
Where can I trade CAT perpetual futures?
Caterpillar Inc. (CAT) perpetual futures trade on 10 crypto venues, including BingX, Binance, MEXC. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade CAT around the clock?
Yes. Unlike the underlying stock, CAT perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on CAT perpetuals?
Right now the CAT perp funding rate is +77.6% annualized (venue median), ranging from -12.3% to +99.9% across 10 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the CAT perp price compare to the Caterpillar Inc. stock?
The venue-median CAT perp mark is $818 versus a reference stock price of $818, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a CAT perpetual future?
A CAT perpetual is a derivative that tracks the price of Caterpillar Inc. with no expiry date. It lets you take long or short exposure to Caterpillar Inc. on crypto venues, around the clock.
What is CATUSDT perpetual?
CATUSDT is the symbol most crypto exchanges use for the Caterpillar Inc. perpetual settled in USDT (Tether). It tracks the CAT share price through an index, trades 24/7 with leverage and never expires.
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