Agricultural - Machinery
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DE vs CNH
Revenue, margins, valuation, and 5-year total return — side by side.
Agricultural - Machinery
DE vs CNH — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Agricultural - Machinery | Agricultural - Machinery |
| Market Cap | $156.08B | $12.80B |
| Revenue (TTM) | $45.88B | $18.09B |
| Net Income (TTM) | $4.08B | $386M |
| Gross Margin | 34.7% | 31.4% |
| Operating Margin | 17.0% | 14.6% |
| Forward P/E | 32.3x | 24.9x |
| Total Debt | $63.94B | $27.03B |
| Cash & Equiv. | $8.28B | $3.23B |
DE vs CNH — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Deere & Company (DE) | 100 | 378.5 | +278.5% |
| CNH Industrial N.V. (CNH) | 100 | 167.8 | +67.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: DE vs CNH
Each card shows where this stock fits in a portfolio — not just who wins on paper.
DE carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 8 yrs, beta 0.56, yield 1.1%
- Rev growth -2.2%, EPS growth 0.0%, 3Y rev CAGR -3.8%
- 6.6% 10Y total return vs CNH's 72.4%
CNH is the clearest fit if your priority is defensive.
- Beta 1.15, yield 2.6%, current ratio 7.75x
- Lower P/E (24.9x vs 32.3x)
- 2.6% yield, vs DE's 1.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -2.2% revenue growth vs CNH's -8.8% | |
| Value | Lower P/E (24.9x vs 32.3x) | |
| Quality / Margins | 8.9% margin vs CNH's 2.1% | |
| Stability / Safety | Beta 0.56 vs CNH's 1.15, lower leverage | |
| Dividends | 2.6% yield, vs DE's 1.1% | |
| Momentum (1Y) | +21.0% vs CNH's -14.9% | |
| Efficiency (ROA) | 3.9% ROA vs CNH's 0.9%, ROIC 7.7% vs 6.6% |
DE vs CNH — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
DE vs CNH — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
DE leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
DE is the larger business by revenue, generating $45.9B annually — 2.5x CNH's $18.1B. DE is the more profitable business, keeping 8.9% of every revenue dollar as net income compared to CNH's 2.1%. On growth, DE holds the edge at +16.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $45.9B | $18.1B |
| EBITDAEarnings before interest/tax | $9.5B | $3.3B |
| Net IncomeAfter-tax profit | $4.1B | $386M |
| Free Cash FlowCash after capex | $5.5B | $1.8B |
| Gross MarginGross profit ÷ Revenue | +34.7% | +31.4% |
| Operating MarginEBIT ÷ Revenue | +17.0% | +14.6% |
| Net MarginNet income ÷ Revenue | +8.9% | +2.1% |
| FCF MarginFCF ÷ Revenue | +12.0% | +10.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +16.3% | -0.1% |
| EPS Growth (YoY)Latest quarter vs prior year | -24.1% | -94.4% |
Valuation Metrics
CNH leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 25.2x trailing earnings, CNH trades at a 19% valuation discount to DE's 31.1x P/E. On an enterprise value basis, CNH's 10.7x EV/EBITDA is more attractive than DE's 19.9x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $156.1B | $12.8B |
| Enterprise ValueMkt cap + debt − cash | $211.7B | $36.6B |
| Trailing P/EPrice ÷ TTM EPS | 31.12x | 25.17x |
| Forward P/EPrice ÷ next-FY EPS est. | 32.27x | 24.87x |
| PEG RatioP/E ÷ EPS growth rate | 1.91x | — |
| EV / EBITDAEnterprise value multiple | 19.89x | 10.71x |
| Price / SalesMarket cap ÷ Revenue | 3.49x | 0.71x |
| Price / BookPrice ÷ Book value/share | 6.02x | 1.65x |
| Price / FCFMarket cap ÷ FCF | 48.31x | 6.42x |
Profitability & Efficiency
DE leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
DE delivers a 15.5% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $5 for CNH. DE carries lower financial leverage with a 2.46x debt-to-equity ratio, signaling a more conservative balance sheet compared to CNH's 3.45x. On the Piotroski fundamental quality scale (0–9), CNH scores 6/9 vs DE's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +15.5% | +4.9% |
| ROA (TTM)Return on assets | +3.9% | +0.9% |
| ROICReturn on invested capital | +7.7% | +6.6% |
| ROCEReturn on capital employed | +11.4% | +8.3% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 2.46x | 3.45x |
| Net DebtTotal debt minus cash | $55.7B | $23.8B |
| Cash & Equiv.Liquid assets | $8.3B | $3.2B |
| Total DebtShort + long-term debt | $63.9B | $27.0B |
| Interest CoverageEBIT ÷ Interest expense | 2.74x | 1.76x |
Total Returns (Dividends Reinvested)
DE leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in DE five years ago would be worth $15,910 today (with dividends reinvested), compared to $7,500 for CNH. Over the past 12 months, DE leads with a +21.0% total return vs CNH's -14.9%. The 3-year compound annual growth rate (CAGR) favors DE at 15.9% vs CNH's -8.0% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +23.7% | +10.4% |
| 1-Year ReturnPast 12 months | +21.0% | -14.9% |
| 3-Year ReturnCumulative with dividends | +55.9% | -22.3% |
| 5-Year ReturnCumulative with dividends | +59.1% | -25.0% |
| 10-Year ReturnCumulative with dividends | +659.4% | +72.4% |
| CAGR (3Y)Annualised 3-year return | +15.9% | -8.0% |
Risk & Volatility
DE leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
DE is the less volatile stock with a 0.56 beta — it tends to amplify market swings less than CNH's 1.15 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. DE currently trades 85.4% from its 52-week high vs CNH's 72.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.56x | 1.15x |
| 52-Week HighHighest price in past year | $674.19 | $14.27 |
| 52-Week LowLowest price in past year | $433.00 | $9.00 |
| % of 52W HighCurrent price vs 52-week peak | +85.4% | +72.3% |
| RSI (14)Momentum oscillator 0–100 | 49.1 | 42.6 |
| Avg Volume (50D)Average daily shares traded | 1.2M | 15.2M |
Analyst Outlook
Evenly matched — DE and CNH each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates DE as "Hold" and CNH as "Buy". Consensus price targets imply 28.4% upside for CNH (target: $13) vs 18.2% for DE (target: $681). For income investors, CNH offers the higher dividend yield at 2.58% vs DE's 1.10%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $680.54 | $13.25 |
| # AnalystsCovering analysts | 46 | 14 |
| Dividend YieldAnnual dividend ÷ price | +1.1% | +2.6% |
| Dividend StreakConsecutive years of raises | 8 | 0 |
| Dividend / ShareAnnual DPS | $6.33 | $0.27 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.7% | 0.0% |
DE leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CNH leads in 1 (Valuation Metrics). 1 tied.
DE vs CNH: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is DE or CNH a better buy right now?
For growth investors, Deere & Company (DE) is the stronger pick with -2.
2% revenue growth year-over-year, versus -8. 8% for CNH Industrial N. V. (CNH). CNH Industrial N. V. (CNH) offers the better valuation at 25. 2x trailing P/E (24. 9x forward), making it the more compelling value choice. Analysts rate CNH Industrial N. V. (CNH) a "Buy" — based on 14 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.
02Which has the better valuation — DE or CNH?
On trailing P/E, CNH Industrial N.
V. (CNH) is the cheapest at 25. 2x versus Deere & Company at 31. 1x. On forward P/E, CNH Industrial N. V. is actually cheaper at 24. 9x.
03Which is the better long-term investment — DE or CNH?
Over the past 5 years, Deere & Company (DE) delivered a total return of +59.
1%, compared to -25. 0% for CNH Industrial N. V. (CNH). Over 10 years, the gap is even starker: DE returned +659. 4% versus CNH's +72. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — DE or CNH?
By beta (market sensitivity over 5 years), Deere & Company (DE) is the lower-risk stock at 0.
56β versus CNH Industrial N. V. 's 1. 15β — meaning CNH is approximately 105% more volatile than DE relative to the S&P 500. On balance sheet safety, Deere & Company (DE) carries a lower debt/equity ratio of 2% versus 3% for CNH Industrial N. V. — giving it more financial flexibility in a downturn.
05Which is growing faster — DE or CNH?
By revenue growth (latest reported year), Deere & Company (DE) is pulling ahead at -2.
2% versus -8. 8% for CNH Industrial N. V. (CNH). On earnings-per-share growth, the picture is similar: Deere & Company grew EPS 0. 0% year-over-year, compared to -58. 6% for CNH Industrial N. V.. Over a 3-year CAGR, DE leads at -3. 8% 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.
06Which has better profit margins — DE or CNH?
Deere & Company (DE) is the more profitable company, earning 11.
3% net margin versus 2. 8% for CNH Industrial N. V. — meaning it keeps 11. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DE leads at 18. 8% versus 15. 4% for CNH. At the gross margin level — before operating expenses — DE leads at 36. 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.
07Is DE or CNH more undervalued right now?
On forward earnings alone, CNH Industrial N.
V. (CNH) trades at 24. 9x forward P/E versus 32. 3x for Deere & Company — 7. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CNH: 28. 4% to $13. 25.
08Which pays a better dividend — DE or CNH?
All stocks in this comparison pay dividends.
CNH Industrial N. V. (CNH) offers the highest yield at 2. 6%, versus 1. 1% for Deere & Company (DE).
09Is DE or CNH better for a retirement portfolio?
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, +659. 4% 10Y return). Both have compounded well over 10 years (DE: +659. 4%, CNH: +72. 4%), 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.
10What are the main differences between DE and CNH?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
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.
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