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Deere & Company DE SPX

Industrials · Farm & Heavy Construction Machinery · United States
https://www.deere.com/en

Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides four-wheel-drive track and row crop tractors, harvesters, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery, and related attachments and service parts. The Small Agriculture and Turf segment offers specialty, utility, and compact tractors; self-propelled forage harvesters and attachments; rotary mowers, hay and forage equipment, and utility vehicles; turf and utility equipment, including riding lawn, commercial mowing, and golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications. The Construction and Forestry segment provides backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, skid-steer loaders, milling machines, recyclers, slipform and asphalt pavers, surface miners, compactors, tandem, static rollers, mobile crushers and screens, mobile and stationary asphalt plants, and log harvesters; and road building and rehabilitation equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties. Deere & Company has a strategic partnership with Tarter USA to develop and produce flex wing rotary cutters. The company was founded in 1837 and is headquartered in Moline, Illinois.

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$542.18
+8.50% 1Y

Market & Price

Market Cap
$146.45B
Current Price
$542.18
High / Low (52W)
$660.56 / $436.32
Beta
0.97

Valuation

Stock P/E
30.67
Industry PE
28.38
Forward P/E
23.72
PEG Ratio
1.66
Book Value
$101.47
Price to Book
5.34
P/S
3.09
EV/EBITDA
21.59
Dividend Yield
1.20%

Profitability & Returns

ROCE
12.82%
ROE
18.35%
ROA
3.83%
Profit Margin
10.10%
Op Margin
17.48%
EPS (Latest Qtr)
$6.55
EPS (TTM)
$17.68

Balance Sheet & Liquidity

Debt/Equity
3.76
Quick Ratio
1.97
Current Ratio
2.21
Debt
$48.47B
Total Assets
$106.00B
Current Assets
$74.90B
Working Capital
$42.45B

Ownership

Promoter Holding
0.16%
Chg in Prom Hold
-
FII / Inst Holding
82.76%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
$186.00B
Total Revenue (TTM)
$47.34B
EBITDA
$8.61B
Free Cash Flow
$1.10B
Operating Cash Flow
$7.93B
Shares Outstanding
270.11M
Gross Margin
25.96%
Payout Ratio
36.71%

Growth (CAGR)

Revenue 5Y
-4.50%
Profit 5Y
-11.00%
Revenue (YoY)
-11.10%
Earnings (YoY)
-8.50%

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -4.5% CAGR over 5 years.
  • Earnings shrank at -11.0% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 LMT Lockheed Martin Corporation SPX 530.45 25.71 $122.30B 2.60% 19.29% 67.64% 4.38% -4.34%
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Quarterly Results

Figures in USD.

Metric Apr 2016May 2016Jul 2016Oct 2016Jan 2017Apr 2017Jul 2017Oct 2017Jan 2018Apr 2018Jul 2018Oct 2018Jan 2019Apr 2019Jul 2019Nov 2019Feb 2020May 2020Aug 2020Nov 2020Jan 2021May 2021Aug 2021Jan 2022May 2022Jul 2022Jan 2023Apr 2023Jul 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Feb 2026Apr 2026
Revenue 7.88B7.88B6.72B6.52B5.62B8.29B7.81B8.02B6.91B10.72B10.31B9.42B7.98B11.34B10.04B9.90B7.63B9.25B8.93B9.73B9.11B12.06B11.53B9.57B13.37B14.10B12.65B17.39B15.80B12.19B15.23B13.15B--12.53B11.78B12.09B9.34B9.61B13.09B
Cost of Revenue ----------------------------------7.61B7.57B8.15B6.28B-8.27B
Gross Profit 1.57B1.57B1.37B1.27B916.00M1.83B1.58B1.69B1.27B2.41B2.13B1.96B1.51B2.52B2.10B1.97B1.45B1.93B2.02B2.19B--------------4.92B4.21B3.94B3.06B-4.83B
Operating Expenses ----------------------------------2.03B2.05B2.04B1.78B-2.10B
Operating Income 848.00M848.00M816.00M-422.00M1.28B1.00B-636.00M1.49B1.28B-769.00M1.54B1.19B-645.00M965.00M1.39B-1.64B2.44B2.24B1.24B2.67B2.65B2.52B3.90B3.52B-----2.88B2.16B1.90B1.29B-2.73B
EBITDA ----------------------------------3.68B2.96B2.75B2.15B-3.60B
Interest Expense ----------------------------------784.00M794.00M762.00M719.00M-712.00M
Pretax Income ----------------------------------2.34B1.60B1.43B836.00M-2.29B
Tax Provision ----------------------------------539.00M339.00M354.00M196.00M-518.00M
Net Income 496.00M496.00M489.00M285.00M199.00M808.00M642.00M510.00M-535.00M1.21B910.00M785.00M498.00M1.14B899.00M721.00M517.00M666.00M811.00M757.00M1.22B1.79B1.67B903.00M2.10B1.88B1.96B2.86B2.98B1.75B2.37B1.73B--1.80B1.29B1.06B656.00M656.00M1.77B
Diluted EPS 1.561.561.550.900.622.501.971.57-1.663.672.782.421.543.522.812.271.632.112.572.393.875.685.322.926.816.166.559.6510.206.238.536.29--6.644.753.932.422.426.55
R&D Expense 345.00M345.00M338.80M-312.10M325.40M336.80M-356.80M415.20M416.00M-407.00M457.00M431.00M-425.00M406.00M370.00M-366.00M377.00M394.00M402.00M453.00M481.00M495.00M547.00M528.00M533.00M565.00M567.00M-526.00M549.00M556.00M--554.00M-

Profit & Loss (Annual)

Figures in USD.

Metric Oct 2007Oct 2008Oct 2009Oct 2010Oct 2011Oct 2012Oct 2013Oct 2014Oct 2015Nov 2015Oct 2016Oct 2017Oct 2018Nov 2019Nov 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025Nov 2025
Revenue 24.08B28.44B23.11B26.00B32.01B36.16B37.80B36.07B28.86B28.86B26.64B29.74B37.36B39.26B35.54B-51.28B60.25B50.52B44.66B45.68B
Cost of Revenue ----------------35.55B37.94B31.02B28.37B-
Gross Profit ----------------15.73B22.31B19.50B16.30B-
Operating Expenses ----------------6.70B7.71B8.07B7.88B-
Operating Income -3.42B1.61B3.41B4.56B5.11B5.93B5.22B3.14B3.14B2.61B3.57B4.48B4.42B4.30B-9.03B14.59B11.43B8.42B-
EBITDA ----------------12.08B17.48B14.67B11.66B-
Interest Expense ----------------1.06B2.45B3.35B3.17B-
Pretax Income ----------------9.13B13.02B9.21B6.26B-
Tax Provision ----------------2.01B2.87B2.09B1.26B-
Net Income -2.05B873.50M1.86B2.80B3.06B3.54B3.16B1.94B1.94B1.52B2.16B2.37B3.25B2.75B-7.13B10.17B7.10B5.03B5.03B
Diluted EPS 4.004.702.064.356.637.639.098.635.775.774.816.687.2410.158.69-23.2834.6325.6218.5018.50
R&D Expense 816.80M943.10M977.00M1.05B1.23B1.43B1.48B1.45B1.43B1.43B1.39B1.37B1.66B1.78B1.64B1.59B1.91B2.18B2.29B-2.31B

Compounded Sales Growth

5 Years:-4.50%
1 Year:-11.10%

Compounded Profit Growth

5 Years:-11.00%
1 Year:-8.50%

Stock Price Performance

1 Year:+8.50%
6 Months:+9.54%
3 Months:-13.65%
1 Month:-3.19%

Balance Sheet (Annual)

Figures in USD.

Metric Oct 2006Oct 2007Oct 2008Oct 2009Oct 2010Oct 2011Oct 2012Oct 2013Oct 2014Nov 2014Oct 2015Nov 2015Oct 2016Oct 2017Oct 2018Nov 2019Nov 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025Nov 2025
Total Assets --38.73B41.13B43.27B48.21B56.27B59.52B61.34B-57.95B57.88B57.92B65.79B70.11B73.01B75.09B-90.03B104.09B107.32B106.00B106.00B
Current Assets ------------------64.09B76.37B77.67B74.90B-
Cash & Equivalents 1.69B2.28B2.21B4.65B3.79B3.65B4.65B3.50B3.79B3.79B4.16B4.16B4.34B9.33B3.90B3.86B7.07B-4.77B7.46B7.32B8.28B8.28B
Inventory ------------------8.54B8.22B7.20B7.51B-
Receivables ------------------6.41B7.74B5.39B5.39B-
Total Liabilities --32.20B36.31B36.96B41.39B49.40B49.25B52.27B-51.19B-51.37B56.21B58.80B61.58B62.15B-69.67B82.20B84.39B79.99B79.99B
Current Liabilities ------------------30.48B37.78B35.96B32.45B-
Long Term Debt --13.90B17.39B16.81B16.96B22.45B21.58B24.38B-23.83B-23.70B25.89B27.24B30.23B32.73B-33.60B38.48B43.23B43.54B-
Total Debt ------------------52.20B63.69B65.46B64.25B-
Total Equity -7.16B6.53B4.82B6.29B6.80B6.84B10.27B9.06B-6.74B-6.52B9.56B11.29B11.41B12.94B-20.26B21.79B22.84B25.95B25.95B
Shares Outstanding ------------------536.43M536.43M536.43M536.43M-

Cash Flows (Annual)

Figures in USD.

Metric Oct 2007Oct 2008Oct 2009Oct 2010Oct 2011Oct 2012Oct 2013Oct 2014Oct 2015Nov 2015Oct 2016Oct 2017Oct 2018Nov 2019Nov 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025Nov 2025
Operating Cash Flow 2.76B1.95B1.98B2.28B2.33B----3.76B3.77B2.20B1.82B3.41B7.48B-4.70B8.59B9.23B7.46B7.46B
Investing Cash Flow -1.93B-1.43B-57.00M-2.11B-2.62B-----1.06B-1.18B-1.66B-8.18B-3.92B-3.32B--8.48B-8.75B-6.46B-2.06B-2.06B
Financing Cash Flow -281.00M-648.50M470.30M-1.01B139.60M-----2.14B-2.41B4.29B876.00M509.00M-980.00M-826.00M2.81B-2.72B-4.58B-4.58B
Capital Expenditure -1.02B-1.11B-906.70M-761.70M-1.06B-1.32B-1.16B-1.05B-694.00M-694.00M-644.40M-595.00M-896.00M-1.12B-820.00M--3.79B-4.47B-4.80B-4.23B-1.36B
Free Cash Flow 1.74B836.70M1.08B1.52B1.27B----3.06B3.13B1.60B926.00M2.29B6.66B-911.00M4.12B4.43B3.23B6.10B
Net Change in Cash -----------------2.96B2.65B50.00M823.00M-
Share Buybacks 1.52B1.68B3.20M358.80M1.67B1.59B1.53B2.73B2.77B2.77B205.40M6.00M958.00M1.25B750.00M2.54B3.60B7.22B4.01B-1.14B

Ratios (Annual)

Figures in %.

Metric Oct 2007Oct 2008Oct 2009Oct 2010Oct 2011Oct 2012Oct 2013Oct 2014Oct 2015Nov 2015Oct 2016Oct 2017Oct 2018Nov 2019Nov 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025Nov 2025
Gross Margin % ----------------30.7%37.0%38.6%36.5%-
Operating Margin % -12.0%7.0%13.1%14.3%14.1%15.7%14.5%10.9%10.9%9.8%12.0%12.0%11.2%12.1%-17.6%24.2%22.6%18.8%-
Net Margin % -7.2%3.8%7.2%8.7%8.5%9.4%8.8%6.7%6.7%5.7%7.3%6.3%8.3%7.7%-13.9%16.9%14.1%11.3%11.0%
ROE % -31.4%18.1%29.6%41.2%44.8%34.5%34.9%28.8%-23.4%22.6%21.0%28.5%21.3%-35.2%46.7%31.1%19.4%19.4%
ROCE % ----------------15.2%22.0%16.0%11.4%-

Shareholding Pattern

Insiders
0.16%
Institutions
82.76%
Public Float
82.89%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 6.78% 18.32M $9.93B
2 Vanguard Capital Management LLC 6.12% 16.53M $8.96B
3 Capital World Investors 4.54% 12.27M $6.65B
4 State Street Corporation 3.93% 10.61M $5.75B
5 JPMORGAN CHASE & CO 3.51% 9.49M $5.15B
6 Price (T.Rowe) Associates Inc 2.92% 7.88M $4.27B
7 FMR, LLC 2.42% 6.53M $3.54B
8 Geode Capital Management, LLC 2.11% 5.69M $3.08B
9 Morgan Stanley 1.57% 4.25M $2.30B
10 Vanguard Portfolio Management LLC 1.39% 3.75M $2.03B

Analyst View

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Latest News

Recent headlines for DE

Federal Reserve Press Releases Fri, 24 Apr 2026

Federal Reserve Board announces approval of application by Banco de Credito del Peru

Federal Reserve Board announces approval of application by Banco de Credito del Peru

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