CAT vs DE: Caterpillar Inc. and Deere & Company compared

Over the past five years, $10,000 in CAT grew to $44,137, against $20,925 in DE. It also fell less at its worst: −29%, against −32%.

stock head-to-headdividends reinvesteddata through Sep 2026

growth of $10,000
as of Sep 2026CAT $44,137DE $20,925

the gap between themCAT ahead by $23,213

CAT solid · DE dashed · weekly closes, dividends reinvested

who comes out aheadCAT 2 · 2 DE

Even at 2 each. The difference is in the details below.

  • Grew more over five yearsCAT +341% · DE +109%Caterpillar Inc. logoCAT
  • Fell less at its worstCAT −29% · DE −32%Caterpillar Inc. logoCAT
  • Calmer rideCAT 31% vol · DE 30% volDeere & Company logoDE
  • Pays more incomeCAT 0.81% · DE 0.95%Deere & Company logoDE

related · correlation 0.61

01The numbers

Side by side, line by line

head to head11 lines
CAT and DE compared on price, size, returns, risk and cost
MetricCaterpillar Inc. logoCATDeere & Company logoDE
Price$808.99$683.99
Market value$371.87B$184.42B
1-year return+75.0% (ahead)+47.5%
3-year return, a year+44.6% (ahead)+20.0%
5-year return, a year+34.6% (ahead)+15.9%
Volatility, a year31%30% (ahead)
Worst drawdown−29% (ahead)−32%
Worst week−12.6% (ahead)Mar 2025−14.6%May 2022
Beta1.590.91
P/E ratio34.8×38.0×
Dividend yield0.81%0.95%
marks the side ahead on lines with a direction: higher return, lower volatility, shallower fall, lower fee
02Together

Do CAT and DE move together?

correlationrelated
0.61Related: they share a direction more often than not, with real room to diverge.

Correlation compares CAT’s and DE’s weekly returns from Sep 2021 to Sep 2026. Two holdings near +1 fall on the same weeks, so owning both doesn’t cushion anything. Your portfolio has more than two lines, and Portfolio Terminal runs this check across every pair you hold.

Pearson correlation of weekly returns|+1 always together, 0 unrelated, −1 always opposite
03Drawdowns

How far each one fell

drawdownsbelow each one’s previous high
as of Sep 2026CAT −18.7%DE −1.4%

CAT

−29%

From its Jan 2025 high to Mar 2025. Back at that high by Jul 2025.

DE

−32%

From its Apr 2022 high to Jul 2022. Back at that high by Nov 2022.

Worst peak-to-trough fall on weekly closes · dividends reinvested

04Questions

CAT vs DE: what people ask

questions5 answered

Is CAT better than DE?

Over the past five years, CAT delivered the higher return: +34.6% a year against +15.9% for DE, dividends reinvested. Its worst fall was also shallower (−29% against −32%). Which is better depends on the job it does in your portfolio, and past returns don’t predict future ones.

What is the difference between CAT and DE?

CAT is Caterpillar Inc. (Farm & Heavy Construction Machinery), worth $371.87B. DE is Deere & Company (Farm & Heavy Construction Machinery), worth $184.42B.

Should I own both CAT and DE?

Their weekly returns had a correlation of 0.61 over the past five years. They share a direction more often than not, with real room to diverge. Whether that suits you depends on everything else you hold, which is the check Portfolio Terminal runs across a whole portfolio.

Which is riskier, CAT or DE?

CAT swung more: 31% annual volatility against 30% for DE. At their worst, CAT fell 29% and DE 32% from a previous high. Against the broad market, their betas are 1.59 and 0.91.

Which pays a higher dividend, CAT or DE?

DE currently yields 0.95%, against 0.81% for CAT. Yields move with price, so a higher yield can also mean a falling price.

Compare something else

Any two stocks or ETFs. Keep CAT or swap both.

Caterpillar Inc. logo
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Returns use weekly closes adjusted for dividends and splits, from Sep 2021 to Sep 2026. Quotes, fees and holdings come from public market data and refresh hourly. This page describes what happened; it is not investment advice, and past performance doesn’t predict future returns.