ASTE vs. CAT
ASTE (Astec Industries, Inc.) and CAT (Caterpillar Inc.) are both stocks. Both operate in the Farm & Heavy Construction Machinery industry within the Industrials sector. Over the past 10 years, ASTE returned 1.70%/yr vs 32.82%/yr for CAT. At a 0.35 correlation, their price movements are largely independent.
Performance
ASTE vs. CAT - Performance Comparison
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Returns By Period
In the year-to-date period, ASTE achieves a 37.00% return, which is significantly lower than CAT's 74.33% return. Over the past 10 years, ASTE has underperformed CAT with an annualized return of 1.70%, while CAT has yielded a comparatively higher 32.82% annualized return.
ASTE
- 1D
- 4.20%
- 1M
- 21.57%
- YTD
- 37.00%
- 6M
- 30.00%
- 1Y
- 52.18%
- 3Y*
- 12.63%
- 5Y*
- -0.68%
- 10Y*
- 1.70%
CAT
- 1D
- 1.04%
- 1M
- 13.02%
- YTD
- 74.33%
- 6M
- 71.08%
- 1Y
- 169.48%
- 3Y*
- 64.34%
- 5Y*
- 38.13%
- 10Y*
- 32.82%
ASTE vs. CAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASTE Astec Industries, Inc. | 37.00% | 30.57% | -8.37% | -7.33% | -40.62% | 20.47% | 39.49% | 40.91% | -47.94% | -12.65% |
CAT Caterpillar Inc. | 74.33% | 60.30% | 24.66% | 25.95% | 18.60% | 15.95% | 26.97% | 19.51% | -17.56% | 75.03% |
Correlation
The correlation between ASTE and CAT is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jun 19, 1986 | 0.35 |
Over the past year, ASTE and CAT have become more correlated (0.64) than their long-term average of 0.35, meaning their price movements have been converging.
Fundamentals
ASTE:
$1.37B
CAT:
$463.21B
ASTE:
$1.12
CAT:
$20.07
ASTE:
52.89
CAT:
49.55
ASTE:
0.28
CAT:
3.28
ASTE:
0.92
CAT:
6.60
ASTE:
2.03
CAT:
24.82
ASTE:
$1.48B
CAT:
$70.76B
ASTE:
$385.20M
CAT:
$23.01B
ASTE:
$88.80M
CAT:
$15.31B
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Return for Risk
ASTE vs. CAT — Risk / Return Rank
ASTE
CAT
ASTE vs. CAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Astec Industries, Inc. (ASTE) and Caterpillar Inc. (CAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ASTE | CAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.51 | ||
| Sortino ratioReturn per unit of downside risk | -3.39 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.68 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 12.29 | -10.39 |
| Martin ratioReturn relative to average drawdown | 4.96 | 40.16 | -35.19 |
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Drawdowns
ASTE vs. CAT - Drawdown Comparison
The maximum ASTE drawdown since its inception was -89.53%, which is greater than CAT's maximum drawdown of -73.43%. Use the drawdown chart below to compare losses from any high point for ASTE and CAT.
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Drawdown Indicators
| ASTE | CAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.53% | -73.43% | -16.10% |
Max Drawdown (1Y)Largest decline over 1 year | -27.65% | -13.88% | -13.77% |
Max Drawdown (3Y)Largest decline over 3 years | -47.04% | -34.05% | -12.99% |
Max Drawdown (5Y)Largest decline over 5 years | -60.17% | -34.05% | -26.12% |
Max Drawdown (10Y)Largest decline over 10 years | -62.54% | -43.36% | -19.18% |
Current DrawdownCurrent decline from peak | -20.72% | -2.72% | -18.00% |
Average DrawdownAverage peak-to-trough decline | -39.34% | -19.72% | -19.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.54% | 4.24% | +6.30% |
Volatility
ASTE vs. CAT - Volatility Comparison
The current volatility for Astec Industries, Inc. (ASTE) is 11.67%, while Caterpillar Inc. (CAT) has a volatility of 13.58%. This indicates that ASTE experiences smaller price fluctuations and is considered to be less risky than CAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASTE | CAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.67% | 13.58% | -1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 33.05% | 28.10% | +4.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.92% | 35.65% | +5.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.99% | 30.88% | +11.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.38% | 30.98% | +11.40% |
Dividends
ASTE vs. CAT - Dividend Comparison
ASTE's dividend yield for the trailing twelve months is around 0.88%, more than CAT's 0.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASTE Astec Industries, Inc. | 0.88% | 1.20% | 1.55% | 1.40% | 1.21% | 0.65% | 0.95% | 1.05% | 1.39% | 0.68% | 0.59% | 0.98% |
CAT Caterpillar Inc. | 0.61% | 1.02% | 1.49% | 1.69% | 1.93% | 2.07% | 2.26% | 2.56% | 2.58% | 1.97% | 3.32% | 4.33% |
Financials
ASTE vs. CAT - Financials Comparison
This section allows you to compare key financial metrics between Astec Industries, Inc. and Caterpillar Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ASTE vs. CAT - Profitability Comparison
ASTE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Astec Industries, Inc. reported a gross profit of 99.10M and revenue of 396.30M. Therefore, the gross margin over that period was 25.0%.
CAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported a gross profit of 6.11B and revenue of 17.42B. Therefore, the gross margin over that period was 35.1%.
ASTE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Astec Industries, Inc. reported an operating income of 9.00M and revenue of 396.30M, resulting in an operating margin of 2.3%.
CAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported an operating income of 3.09B and revenue of 17.42B, resulting in an operating margin of 17.7%.
ASTE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Astec Industries, Inc. reported a net income of 1.30M and revenue of 396.30M, resulting in a net margin of 0.3%.
CAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported a net income of 2.55B and revenue of 17.42B, resulting in a net margin of 14.6%.
Frequently Asked Questions
ASTE and CAT have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAT has higher volatility (13.58%) compared to ASTE (11.67%). In terms of maximum drawdown, ASTE dropped -89.53% vs CAT's -73.43%.
CAT currently has the higher Sharpe Ratio (4.79 vs 1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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