CAT vs UNH: Which Is the Better Buy?

Side-by-side comparison of Caterpillar Inc. and UnitedHealth Group Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-11.
Caterpillar Inc. · Industrials
$792.65
-8.8% upside to fair value
Grade D
VS
UnitedHealth Group Incorporated · Healthcare
$304.33
+41.3% upside to fair value
Med Conviction Grade B+
QuantHub Verdict
UNH has more upside to fair value (+41.3%). UNH trades at a lower forward P/E (15.1x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric CAT UNH
Current Price $792.65 $304.33
Fair Value Estimate $723.13 $430.00
Upside to Fair Value -8.8% +41.3%
Market Cap $370.9B $276.2B
Forward P/E 41.7x 15.1x
EV / EBITDA 27.2x 14.3x
Price / Sales 5.5x 0.6x
Price / FCF 36.1x 17.2x
Revenue Growth YoY +8.5% +11.8%
Gross Margin 32.3% 18.5%
Operating Margin 16.6% 4.2%
Return on Equity 45.1% 12.7%
Dividend Yield 0% 2.9%
FCF Yield 2.77% 5.82%
Analyst Consensus Buy Buy
Investment Thesis
CAT — Caterpillar Inc.
Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, engines, and industrial machinery, with a strong global footprint and a record $67.6 billion in revenues for 2025. The company benefits from a durable competitive position supported by a broad product portfolio and a large installed base, but faces margin pressure from tariffs and cost inflation. Despite so…
UNH — UnitedHealth Group Incorporated
UnitedHealth Group is the world's largest diversified healthcare company, combining the dominant US health insurer UnitedHealthcare with the high-margin Optum services platform spanning care delivery, pharmacy benefits, and data analytics. The stock has fallen roughly 49% from its 2024 peak of $596, driven by elevated medical costs, DOJ antitrust scrutiny, CEO transitions (Brian Thompson's murder…
Accumulation Zones
Metric CAT UNH
Zone Low $542.35 $280.00
Zone High $614.66 $340.00
In Buy Zone? No Yes
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