Caterpillar vs Corning: Two Industrial Stocks That Stand Out
Caterpillar and Corning are two established industrial stocks that have been making waves in the market. Caterpillar, a global leader in construction and mining equipment, has seen steady revenue growth and healthy margins, with free cash flow reaching nearly $7.5 billion in its latest annual report for FY 2025. The company's debt-to-equity ratio is around 2.0x, indicating how it finances its assets.
On the other hand, Corning, a leader in materials science and specialized glass and optical fiber production, has seen rapid revenue growth driven by AI-driven demand. In FY 2025, its revenue reached nearly $15.6 billion, representing a growth of around 19.1% from the previous fiscal year. The company's net margin improved to around 10.2%, and its debt-to-equity ratio is about 0.9x.
When comparing the two stocks, Caterpillar appears more attractively valued with a lower Forward P/E and P/S ratio compared to Corning. However, both stocks have high price tags, with Caterpillar's P/S ratio at around 5.1x and Corning's at 7.9x, significantly above their five-year averages.