CAT vs COST: Which Is the Better Buy?

Side-by-side comparison of Caterpillar Inc. and Costco Wholesale Corporation — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-08.
Caterpillar Inc. · Industrials
$940.12
-39.4% upside to fair value
Grade C High Quality
VS
Costco Wholesale Corporation · Consumer Defensive
$947.50
-1.4% upside to fair value
Grade C High Quality
QuantHub Verdict
COST has more upside to fair value (-1.4%). CAT trades at a lower forward P/E (46.6x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric CAT COST
Current Price $940.12 $947.50
Fair Value Estimate $569.47 $933.84
Upside to Fair Value -39.4% -1.4%
Market Cap $433.1B $420.2B
Forward P/E 46.6x 47.6x
EV / EBITDA 29.7x 28.3x
Price / Sales 6.1x 1.4x
Price / FCF 37.8x 47.7x
Revenue Growth YoY +22.2% +11.6%
Gross Margin 32.5% 12.9%
Operating Margin 16.6% 3.8%
Return on Equity 47.5% 28.3%
Dividend Yield 0% 0%
FCF Yield 2.64% 2.1%
Analyst Consensus Hold Buy
Investment Thesis
CAT — Caterpillar Inc.
Caterpillar Inc. is a leading global manufacturer of agricultural and construction machinery, operating within the Industrials sector. The company demonstrates high business quality with a durable competitive moat supported by strong brand recognition, cost advantages, and intangible assets. It posted robust revenue growth of 22.2% and earnings growth of 27.3% in the most recent quarter, reflecti…
COST — Costco Wholesale Corporation
Costco Wholesale Corporation operates as a membership-only warehouse club offering a wide range of merchandise at low prices. The company exhibits high business quality with a durable competitive moat driven by cost advantages, strong brand loyalty, and efficient operations, reflected in a robust ROE of 28.3% and solid revenue growth of 11.6% in the most recent quarter. Despite these strengths, t…
Accumulation Zones
Metric CAT COST
Zone Low $427.10 $700.38
Zone High $484.05 $793.76
In Buy Zone? No No
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