BSY vs CAT vs VMC vs DE

For growth investors, Bentley Systems, Incorporated (BSY) is the stronger pick with 11.

0% revenue growth year-over-year, versus -2. 2% for Deere & Company (DE). Deere & Company (DE) offers the better valuation at 31. 4x trailing P/E (32. 5x forward), making it the more compelling value choice. Analysts rate Bentley Systems, Incorporated (BSY) a "Buy" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Deere & Company (DE) is the cheapest at 31.

4x versus Caterpillar Inc. at 47. 6x. On forward P/E, Bentley Systems, Incorporated is actually cheaper at 24. 8x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Caterpillar Inc. wins at 1. 38x versus Vulcan Materials Company's 2. 40x — a reasonable growth-adjusted valuation.

Over the past 5 years, Caterpillar Inc.

(CAT) delivered a total return of +282. 5%, compared to -28. 6% for Bentley Systems, Incorporated (BSY). Over 10 years, the gap is even starker: CAT returned +1228% versus BSY's +3. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Deere & Company (DE) is the lower-risk stock at 0.

56β versus Caterpillar Inc. 's 1. 54β — meaning CAT is approximately 173% more volatile than DE relative to the S&P 500. On balance sheet safety, Vulcan Materials Company (VMC) carries a lower debt/equity ratio of 63% versus 2% for Deere & Company — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Bentley Systems, Incorporated (BSY) is pulling ahead at 11.

0% versus -2. 2% for Deere & Company (DE). On earnings-per-share growth, the picture is similar: Vulcan Materials Company grew EPS 18. 5% year-over-year, compared to -14. 6% for Caterpillar Inc.. Over a 3-year CAGR, BSY leads at 11. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Bentley Systems, Incorporated (BSY) is the more profitable company, earning 18.

5% net margin versus 11. 3% for Deere & Company — meaning it keeps 18. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BSY leads at 24. 1% versus 16. 6% for CAT. At the gross margin level — before operating expenses — BSY leads at 81. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Caterpillar Inc. (CAT) is the more undervalued stock at a PEG of 1. 38x versus Vulcan Materials Company's 2. 40x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, Bentley Systems, Incorporated (BSY) trades at 24. 8x forward P/E versus 38. 8x for Caterpillar Inc. — 14. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BSY: 41. 5% to $47. 57.

All stocks in this comparison pay dividends.

Deere & Company (DE) offers the highest yield at 1. 1%, versus 0. 7% for Caterpillar Inc. (CAT).

For long-horizon retirement investors, Deere & Company (DE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

56), 1. 1% yield, +671. 0% 10Y return). Both have compounded well over 10 years (DE: +671. 0%, BSY: +3. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (BSY (Technology) and CAT (Industrials) and VMC (Basic Materials) and DE (Industrials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.