CAT vs AGCO Stock Comparison: AI Score, Valuation, Performance and Upside
Caterpillar and AGCO both manufacture heavy equipment sold through dealer networks, but Caterpillar concentrates on construction, mining, and energy equipment tied to infrastructure and commodity cycles, while AGCO concentrates on agricultural equipment tied to farm income and crop price cycles.
Caterpillar offers exposure to construction, mining, and infrastructure spending cycles with a large aftermarket services business, while AGCO offers exposure to global agricultural equipment demand and precision farming technology adoption. Consider whether you prefer Caterpillar's infrastructure-cycle exposure or AGCO's agricultural-cycle exposure.
CAT holds the edge across 4 of 5 key metrics in this comparison. CAT has delivered stronger 1-year price return (+77.20% vs +11.23%), though AGCO has the better forward P/E setup (16.25x vs 24.75x for CAT). CAT leads on both revenue growth (24.00%) and operating margin (22.18%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies meaningfully more upside for CAT (+21.91%) than for AGCO (+2.78%).
Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.
- Believe global infrastructure spending and construction activity will continue supporting equipment demand
- Value Caterpillar's large, recurring parts and services aftermarket revenue stream
- Want diversified exposure across construction, mining, and energy and transportation end markets
- Are comfortable with equipment sales cyclicality tied to commodity prices and construction cycles
- Believe global farm income trends support continued agricultural equipment replacement demand
- See upside in precision agriculture technology adoption driving higher-margin product mix
- Value AGCO's diversified multi-brand portfolio across different regional agricultural markets
- Are comfortable with equipment demand sensitivity to crop prices and agricultural policy shifts
| Metric | CAT | AGCO |
|---|---|---|
| AI scorei | 69.3 | 43.9 |
| AI ranki | #49 | #838 |
| Latest closei | $798.57 | $121.57 |
| 1M returni | -5.03% | +23.48% |
| 6M returni | +15.96% | +9.59% |
| 1Y returni | +77.20% | +11.23% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | CAT | AGCO |
|---|---|---|
| 1Y ago | $17.1K (+71.0%) started 2025-09-18 | $11.03K (+10.3%) started 2025-09-18 |
| 5Y ago | $48.59K (+385.9%) started 2021-09-20 | $9.92K (-0.8%) started 2021-09-20 |
| 10Y ago | $150.68K (+1406.8%) started 2016-09-19 | $25.83K (+158.3%) started 2016-09-19 |
Hypothetical — past performance does not guarantee future results.
| Metric | CAT | AGCO |
|---|---|---|
| Market capi | $367.85B | $8.48B |
| Trailing P/Ei | 34.48 | 16.75 |
| Forward P/Ei | 24.75 | 16.25 |
| Price/Salesi | 2.63 | N/A |
| EV/Revenuei | 5.45 | 1.07 |
| Analyst targeti | $975.61 | $124.47 |
| Target upsidei | +21.91% | +2.78% |
| Metric | CAT | AGCO |
|---|---|---|
| Revenue growthi | 24.00% | -1.00% |
| Earnings growthi | 68.20% | -74.40% |
| EPS growthi | +68.20% | -74.40% |
| FCF margini | +6.76% | +4.35% |
| Operating margini | 22.18% | 5.73% |
| Profit margini | 14.51% | 5.15% |
| ROIC proxyi | 56.97% | 11.83% |
| Return on equityi | 56.97% | 11.83% |
| Dividend yieldi | 0.80% | 0.99% |
| Payout ratioi | 26.01% | 16.18% |
| Dividend growth streaki | No increase yet | N/A |
| Betai | 1.60 | 1.09 |
| Debt/equityi | 232.78 | 66.05 |
| Current ratioi | 1.37 | 1.32 |
| Quick ratioi | 0.78 | 0.45 |
Over the past year, CAT and AGCO have moved moderately in the same direction (correlation of 0.45), based on daily returns.
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | CAT | AGCO |
|---|---|---|---|
| 1Y | Growthi | +71.01% | +10.28% |
| CAGRi | +71.10% | +10.29% | |
| Volatilityi | 39.75% | 35.42% | |
| Sharpe ratioi | 1.44 | 0.33 | |
| Sortino ratioi | 2.27 | 0.48 | |
| Max drawdowni | 26.83% | 29.92% | |
| Current drawdowni | 25.01% | 13.47% | |
| Avg drawdowni | 6.89% | 11.07% | |
| Ulcer Indexi | 10.51% | 13.88% | |
| Max daily dropi | 6.91% | 7.78% | |
| Max wkly dropi | 11.99% | 15.72% | |
| 5Y | Growthi | +350.36% | -0.82% |
| CAGRi | +35.16% | -0.17% | |
| Volatilityi | 31.76% | 35.75% | |
| Sharpe ratioi | 0.97 | 0.05 | |
| Sortino ratioi | 1.47 | 0.07 | |
| Max drawdowni | 34.05% | 49.03% | |
| Current drawdowni | 25.01% | 18.22% | |
| Avg drawdowni | 8.67% | 22.19% | |
| Ulcer Indexi | 11.59% | 24.47% | |
| Max daily dropi | 8.64% | 11.23% | |
| Max wkly dropi | 17.13% | 18.37% | |
| 10Y | Growthi | +1099.31% | +158.27% |
| CAGRi | +28.21% | +9.96% | |
| Volatilityi | 31.46% | 35.39% | |
| Sharpe ratioi | 0.81 | 0.32 | |
| Sortino ratioi | 1.18 | 0.46 | |
| Max drawdowni | 43.36% | 54.18% | |
| Current drawdowni | 25.01% | 22.37% | |
| Avg drawdowni | 10.65% | 18.97% | |
| Ulcer Indexi | 13.90% | 22.75% | |
| Max daily dropi | 14.28% | 18.78% | |
| Max wkly dropi | 24.36% | 34.24% |
| Category | CAT | AGCO |
|---|---|---|
| Company | Caterpillar Inc. | AGCO Corporation |
| Sector | Industrials | Industrials |
| Industry | Farm & Heavy Construction Machinery | Farm & Heavy Construction Machinery |
| Core business | A global manufacturer of construction, mining, and energy equipment, engines, and industrial turbines, sold through an extensive dealer network with a substantial parts and services aftermarket business. | A global manufacturer of agricultural equipment including tractors, combines, and precision agriculture technology, sold under multiple brands through a dealer network to farmers worldwide. |
| Investor focus | Construction and mining equipment demand cycles, infrastructure spending tailwinds, and growth in the higher-margin services and parts business. | Global farm income trends and equipment replacement cycles, precision agriculture technology adoption, and margin trends across brand portfolios. |
- Global scale and extensive dealer network provide durable competitive advantages in construction and mining equipment
- Large installed equipment base generates a substantial, recurring parts and services aftermarket revenue stream
- Diversified end-market exposure spans construction, mining, and energy and transportation applications
- Diversified multi-brand portfolio provides exposure to different regional agricultural equipment preferences and price points
- Growing precision agriculture technology offerings provide a path toward higher-margin, differentiated products
- Global dealer network provides broad geographic reach across major agricultural regions
- Equipment sales remain highly cyclical, tied to construction activity, commodity prices, and infrastructure spending levels
- International sales exposure introduces currency translation and regional economic sensitivity
- Elevated dealer inventory levels at points in the cycle can lead to destocking periods that pressure near-term sales
- Agricultural equipment demand is highly sensitive to farm income levels, crop prices, and government agricultural policy
- Equipment replacement cycles can create periods of oversupply or destocking that pressure near-term sales and pricing
- Currency translation effects from significant international revenue exposure can influence reported results
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