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Deere & Company(DE)Earnings, Financials & Key Ratios
DE•NYSE
31.9× P/E·Price updated Jun 19, 2026
AboutDeere & Company manufactures and distributes 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 mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters, harvesting front-end equipment, sugarcane loaders, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, 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; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding 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, as well as finances retail revolving charge accounts. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.Show more
- Revenue$44.66B-11.6%
- EBITDA$10.64B-21.4%
- Net Income$5.03B-29.2%
- EPS (Diluted)18.50-27.8%
- Gross Margin36.48%-5.5%
- EBITDA Margin23.83%-11.1%
- Operating Margin18.84%-16.7%
- Net Margin11.25%-19.9%
- ROE20.55%-35.2%
DE Key Insights
Deere & Company (DE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 33.5%
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy 5Y average net margin of 14.0%
✗Weaknesses
- ✗High debt to equity ratio of 2.5x
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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DE Price & Volume
Deere & Company (DE) stock price & volume — 10-year historical chart
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DE Growth Metrics
Deere & Company (DE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.72%
5 Years5.17%
3 Years-4.5%
TTM5.39%
Profit CAGR
10 Years9.99%
5 Years12.81%
3 Years-11%
TTM-15.38%
EPS CAGR
10 Years12.36%
5 Years16.31%
3 Years-7.37%
TTM-14.61%
Return on Capital
10 Years12.28%
5 Years16.3%
3 Years17.36%
Last Year11.65%
DE Recent Earnings
Deere & Company (DE) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
May 21, 2026Metric
Actual
Est
EPS
$6.55+14.9%
$5.70
Rev
$11.8B+2.0%
$11.6B
Q1 2026
Feb 19, 2026Metric
Actual
Est
EPS
$2.42+19.8%
$2.02
Rev
$8.0B+5.4%
$7.6B
Q4 2025
Nov 26, 2025Metric
Actual
Est
EPS
$3.93+2.3%
$3.84
Rev
$12.1B+23.0%
$9.8B
Q3 2025
Aug 14, 2025Metric
Actual
Est
EPS
$4.75+3.9%
$4.57
Rev
$11.8B+13.8%
$10.4B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 21, 2026 | $6.55vs $5.70+14.9% | $11.8Bvs $11.6B+2.0% |
| Q1 2026 | Feb 19, 2026 | $2.42vs $2.02+19.8% | $8.0Bvs $7.6B+5.4% |
| Q4 2025 | Nov 26, 2025 | $3.93vs $3.84+2.3% | $12.1Bvs $9.8B+23.0% |
| Q3 2025 | Aug 14, 2025 | $4.75vs $4.57+3.9% | $11.8Bvs $10.4B+13.8% |
Based on last 12 quarters of dataView full earnings history →
DE Peer Comparison
Deere & Company (DE) competitors in Farm Equipment and Implements OEMs — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CNH | 12.98B | 10.46 | 25.51 | -8.76% | 2.13% | 4.92% | 3.45 | |
 AGCO | 8.23B | 113.66 | 11.66 | -13.55% | 7.43% | 16.73% | 0.59 | |
 CAT | 458.69B | 985.82 | 52.35 | 4.29% | 13.31% | 47.51% | 2.03 | |
 TITN | 481.89M | 20.68 | -8.69 | -10.18% | -2.28% | -9.05% | 1.43 | |
 LNN | 1.25B | 119.10 | 17.57 | 11.41% | 11.02% | 14.17% | 0.26 | |
 ASTE | 1.29B | 56.12 | 33.40 | 8.07% | 1.75% | 3.82% | 0.47 | |
 TEX | 4.4B | 66.82 | 20.07 | 5.73% | 1.87% | 4.07% | 1.34 | |
 CF | 15.81B | 102.93 | 11.47 | 19.34% | 23.73% | 22.29% | 0.51 |
Compare DE vs Peers
Deere & Company (DE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DE Income Statement
Deere & Company (DE) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Oct'17 | Oct'18 | Oct'19 | Nov'20 | Oct'21 | Oct'22 | Oct'23 | Oct'24 | Nov'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 28.62B | 36.46B | 38.38B | 34.72B | 43.03B | 51.28B | 60.25B | 50.52B | 44.66B | 46.86B |
Revenue Growth % | 10.5% | 27.4% | 5.27% | -9.53% | 23.94% | 19.17% | 17.48% | -16.15% | -11.59% | 5.39% |
Cost of Goods Sold | 20.03B | 25.78B | 27.02B | 23.86B | 29.32B | 35.55B | 37.94B | 31.02B | 28.37B | 30.27B |
COGS % of Revenue | 70.01% | 70.72% | 70.4% | 68.73% | 68.13% | 69.33% | 62.98% | 61.41% | 63.52% | - |
Gross Profit | 8.58B▲ 0% | 10.68B▲ 24.4% | 11.36B▲ 6.4% | 10.86B▼ 4.4% | 13.71B▲ 26.3% | 15.73B▲ 14.7% | 22.31B▲ 41.8% | 19.5B▼ 12.6% | 16.3B▼ 16.4% | 16.59B▲ 0% |
Gross Margin % | 29.99% | 29.28% | 29.6% | 31.27% | 31.87% | 30.67% | 37.02% | 38.59% | 36.48% | 35.4% |
Gross Profit Growth % | 13.83% | 24.39% | 6.4% | -4.42% | 26.32% | 14.69% | 41.81% | -12.6% | -16.41% | - |
Operating Expenses | 5.65B | 6.3B | 6.53B | 6.49B | 6.05B | 6.7B | 7.71B | 8.07B | 7.88B | 7.97B |
OpEx % of Revenue | 19.75% | 17.28% | 17% | 18.69% | 14.06% | 13.07% | 12.81% | 15.97% | 17.64% | - |
Selling, General & Admin | 3.13B | 3.47B | 3.48B | 3.45B | 3.2B | 3.65B | 4.31B | 4.51B | 4.24B | 4.25B |
SG&A % of Revenue | 10.93% | 9.52% | 9.08% | 9.92% | 7.44% | 7.11% | 7.15% | 8.92% | 9.5% | - |
Research & Development | 1.37B | 1.66B | 1.78B | 1.64B | 1.59B | 1.91B | 2.18B | 2.29B | 2.31B | 2.37B |
R&D % of Revenue | 4.8% | 4.55% | 4.65% | 4.73% | 3.69% | 3.73% | 3.61% | 4.53% | 5.17% | - |
Other Operating Expenses | 1.15B | 1.17B | 1.26B | 1.4B | 1.26B | 1.15B | 1.23B | 1.27B | 1.33B | 4M |
Operating Income | 2.93B▲ 0% | 4.38B▲ 49.2% | 4.83B▲ 10.5% | 4.37B▼ 9.6% | 7.66B▲ 75.4% | 9.03B▲ 17.8% | 14.59B▲ 61.7% | 11.43B▼ 21.7% | 8.42B▼ 26.3% | 8.61B▲ 0% |
Operating Margin % | 10.25% | 12% | 12.6% | 12.58% | 17.81% | 17.6% | 24.22% | 22.62% | 18.84% | 18.38% |
Operating Income Growth % | 30.75% | 49.22% | 10.49% | -9.64% | 75.44% | 17.79% | 61.66% | -21.68% | -26.35% | - |
EBITDA | 4.65B | 6.3B | 6.85B | 6.49B | 9.71B | 10.92B | 16.59B | 13.54B | 10.64B | 10.33B |
EBITDA Margin % | 16.24% | 17.29% | 17.86% | 18.68% | 22.57% | 21.3% | 27.54% | 26.81% | 23.83% | 22.04% |
EBITDA Growth % | 22.24% | 35.59% | 8.74% | -5.36% | 49.75% | 12.44% | 51.95% | -18.38% | -21.41% | -10.74% |
D&A (Non-Cash Add-back) | 1.72B | 1.93B | 2.02B | 2.12B | 2.05B | 1.9B | 2B | 2.12B | 2.23B | 1.72B |
EBIT | 4.05B | 5.28B | 5.55B | 5.13B | 8.6B | 10.19B | 15.47B | 12.55B | 9.43B | 9.16B |
Net Interest Income | -899M | -1.2B | -1.47B | -1.25B | -993M | -1.06B | -2.45B | -3.35B | -3.17B | -2.99B |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 899M | 1.2B | 1.47B | 1.25B | 993M | 1.06B | 2.45B | 3.35B | 3.17B | 2.99B |
Other Income/Expense | 198M | -277M | -725M | -533M | -40M | 111M | -1.56B | -2.25B | -2.16B | -2.44B |
Pretax Income | 3.13B▲ 0% | 4.1B▲ 30.9% | 4.11B▲ 0.3% | 3.83B▼ 6.7% | 7.62B▲ 98.8% | 9.14B▲ 19.9% | 13.03B▲ 42.6% | 9.18B▼ 29.5% | 6.26B▼ 31.9% | 6.17B▲ 0% |
Pretax Margin % | 10.94% | 11.24% | 10.71% | 11.04% | 17.71% | 17.82% | 21.62% | 18.18% | 14.01% | 13.18% |
Income Tax | 971M | 1.73B | 852M | 1.08B | 1.66B | 2.01B | 2.87B | 2.09B | 1.26B | 1.42B |
Effective Tax Rate % | 31.02% | 42.14% | 20.73% | 28.21% | 21.75% | 21.97% | 22.04% | 22.81% | 20.12% | 22.97% |
Net Income | 2.16B▲ 0% | 2.37B▲ 9.7% | 3.25B▲ 37.4% | 2.75B▼ 15.4% | 5.96B▲ 116.8% | 7.13B▲ 19.6% | 10.17B▲ 42.6% | 7.1B▼ 30.2% | 5.03B▼ 29.2% | 4.78B▲ 0% |
Net Margin % | 7.54% | 6.5% | 8.48% | 7.92% | 13.86% | 13.91% | 16.87% | 14.05% | 11.25% | 10.21% |
Net Income Growth % | 41.68% | 9.68% | 37.37% | -15.43% | 116.76% | 19.59% | 42.56% | -30.16% | -29.2% | -15.38% |
Net Income (Continuing) | 2.16B | 2.37B | 3.26B | 2.75B | 5.96B | 7.13B | 10.15B | 7.09B | 5B | 4.76B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 17.2M | 17M | 18M | 7M | 3M | 95M | 101M | 89M | 57M | 54M |
EPS (Diluted) | 6.68▲ 0% | 7.24▲ 8.4% | 10.15▲ 40.2% | 8.69▼ 14.4% | 18.99▲ 118.5% | 23.28▲ 22.6% | 34.63▲ 48.8% | 25.62▼ 26.0% | 18.50▼ 27.8% | 17.66▲ 0% |
EPS Growth % | 38.88% | 8.38% | 40.19% | -14.38% | 118.53% | 22.59% | 48.75% | -26.02% | -27.79% | -14.61% |
EPS (Basic) | 6.76 | 7.34 | 10.28 | 8.77 | 19.14 | 23.42 | 34.80 | 25.72 | 18.56 | - |
Diluted Shares Outstanding | 323.3M | 327.3M | 320.6M | 316.6M | 314M | 306.3M | 293.6M | 277.1M | 271.7M | 270.8M |
Basic Shares Outstanding | 319.5M | 322.6M | 316.5M | 313.5M | 311.6M | 304.5M | 292.2M | 276M | 270.9M | 270.1M |
Dividend Payout Ratio | 35.39% | 34.03% | 28.99% | 34.75% | 17.44% | 18.41% | 14.04% | 22.61% | 34.22% | - |
DE Balance Sheet
Deere & Company (DE) balance sheet — assets, liabilities & shareholders' equity
| Metric | Oct'17 | Oct'18 | Oct'19 | Nov'20 | Oct'21 | Oct'22 | Oct'23 | Oct'24 | Nov'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 46.91B | 46.65B | 49.27B | 51.36B | 58.59B | 64.09B | 76.37B | 77.67B | 74.9B | 27.68B |
Cash & Short-Term Investments | 9.79B | 4.39B | 4.44B | 7.71B | 8.74B | 5.51B | 8.4B | 8.48B | 9.69B | 9.34B |
Cash Only | 9.33B | 3.9B | 3.86B | 7.07B | 8.02B | 4.77B | 7.46B | 7.32B | 8.28B | 7.91B |
Short-Term Investments | 451.6M | 490M | 581M | 641M | 728M | 734M | 946M | 1.15B | 1.41B | 1.43B |
Accounts Receivable | 33.22B | 36.1B | 38.85B | 38.66B | 42.69B | 48.98B | 58.75B | 58.36B | 57.12B | 10.15B |
Days Sales Outstanding | 423.76 | 361.44 | 369.52 | 406.34 | 362.12 | 348.62 | 355.92 | 421.67 | 466.77 | 265.79 |
Inventory | 3.9B | 6.15B | 5.97B | 5B | 6.84B | 8.54B | 8.22B | 7.2B | 7.51B | 8.19B |
Days Inventory Outstanding | 71.13 | 87.05 | 80.71 | 76.46 | 85.11 | 87.67 | 79.07 | 84.7 | 96.6 | 95.54 |
Other Current Assets | 0 | 0 | 0 | 0 | 121M | 876M | 829M | 3.39B | 329M | 0 |
Total Non-Current Assets | 18.87B | 23.46B | 23.74B | 23.73B | 25.53B | 25.94B | 27.72B | 29.65B | 31.09B | 79.33B |
Property, Plant & Equipment | 11.66B | 13.03B | 13.54B | 13.12B | 13.21B | 13.1B | 14.21B | 15.45B | 16.15B | 15.55B |
Fixed Asset Turnover | 2.45x | 2.80x | 2.83x | 2.65x | 3.26x | 3.92x | 4.24x | 3.27x | 2.77x | 3.00x |
Goodwill | 1.03B | 3.1B | 2.92B | 3.08B | 3.29B | 3.69B | 3.9B | 3.96B | 4.19B | 4.51B |
Intangible Assets | 218M | 1.56B | 1.38B | 1.33B | 1.56B | 1.59B | 1.58B | 1.5B | 1.36B | 975M |
Long-Term Investments | 182.5M | 207M | 215M | 193M | 175M | 117M | 126M | 122M | 510M | 99.24B |
Other Non-Current Assets | 3.36B | 4.75B | 4.23B | 4.51B | 6.25B | 6.63B | 6.09B | 6.54B | 6.6B | 6.91B |
Total Assets | 65.79B▲ 0% | 70.11B▲ 6.6% | 73.01B▲ 4.1% | 75.09B▲ 2.8% | 84.11B▲ 12.0% | 90.03B▲ 7.0% | 104.09B▲ 15.6% | 107.32B▲ 3.1% | 106B▼ 1.2% | 107B▲ 0% |
Asset Turnover | 0.43x | 0.52x | 0.53x | 0.46x | 0.51x | 0.57x | 0.58x | 0.47x | 0.42x | 0.44x |
Asset Growth % | 13.58% | 6.57% | 4.14% | 2.85% | 12.02% | 7.03% | 15.61% | 3.11% | -1.23% | -0.29% |
Total Current Liabilities | 21.83B | 24.22B | 23.9B | 22.39B | 26.34B | 31.71B | 38.91B | 36.41B | 32.45B | 35.21B |
Accounts Payable | 2.07B | 2.47B | 2B | 1.93B | 3.17B | 3.89B | 3.47B | 2.7B | 2.98B | 13.65B |
Days Payables Outstanding | 37.7 | 34.91 | 26.96 | 29.46 | 39.5 | 39.98 | 33.35 | 31.74 | 38.4 | 68.04 |
Short-Term Debt | 14.15B | 15.02B | 15.11B | 13.24B | 15.5B | 18.28B | 24.91B | 21.93B | 20.35B | 21.56B |
Deferred Revenue (Current) | 1.32B | 1.55B | 1.64B | 1.65B | 991M | 956M | 1.13B | 1.24B | 1.37B | 4.2B |
Other Current Liabilities | 55M | 63M | 61M | 60M | 228M | 1.34B | 1.13B | 2.41B | 120M | 0 |
Current Ratio | 2.15x | 1.93x | 2.06x | 2.29x | 2.22x | 2.02x | 1.96x | 2.13x | 2.31x | 0.79x |
Quick Ratio | 1.97x | 1.67x | 1.81x | 2.07x | 1.96x | 1.75x | 1.75x | 1.94x | 2.08x | 0.55x |
Cash Conversion Cycle | 457.19 | 413.58 | 423.27 | 453.34 | 407.72 | 396.3 | 401.64 | 474.62 | 524.97 | 293.29 |
Total Non-Current Liabilities | 34.38B | 34.58B | 37.68B | 39.75B | 39.34B | 37.97B | 43.29B | 47.99B | 47.53B | 44.33B |
Long-Term Debt | 25.89B | 27.24B | 30.18B | 32.58B | 32.89B | 33.6B | 38.48B | 43.23B | 43.54B | 42.26B |
Capital Lease Obligations | 0 | 0 | 51M | 153M | 40M | 30M | 0 | 0 | 0 | 0 |
Deferred Tax Liabilities | 209.7M | 556M | 495M | 519M | 576M | 495M | 520M | 478M | 434M | 1.78B |
Other Non-Current Liabilities | 8.28B | 6.79B | 6.95B | 6.5B | 5.83B | 3.87B | 4.29B | 4.28B | 3.56B | 1.64B |
Total Liabilities | 56.21B | 58.8B | 61.58B | 62.15B | 65.68B | 69.67B | 82.2B | 84.39B | 79.99B | 79.54B |
Total Debt | 40.04B | 42.26B | 45.33B | 46.3B | 48.73B | 52.2B | 63.69B | 65.46B | 63.94B | 63.82B |
Net Debt | 30.71B | 38.35B | 41.48B | 39.23B | 40.71B | 47.43B | 56.23B | 58.14B | 55.66B | 55.92B |
Debt / Equity | 4.18x | 3.74x | 3.97x | 3.58x | 2.64x | 2.56x | 2.91x | 2.86x | 2.46x | 2.32x |
Debt / EBITDA | 8.62x | 6.71x | 6.62x | 7.14x | 5.02x | 4.78x | 3.84x | 4.83x | 6.01x | 6.18x |
Net Debt / EBITDA | 6.61x | 6.09x | 6.05x | 6.05x | 4.19x | 4.34x | 3.39x | 4.29x | 5.23x | 5.41x |
Interest Coverage | 4.51x | 4.38x | 3.79x | 4.11x | 8.66x | 9.59x | 6.31x | 3.75x | 2.97x | 3.07x |
Total Equity | 9.57B▲ 0% | 11.3B▲ 18.1% | 11.43B▲ 1.1% | 12.94B▲ 13.2% | 18.43B▲ 42.4% | 20.36B▲ 10.4% | 21.89B▲ 7.5% | 22.93B▲ 4.7% | 26.01B▲ 13.4% | 27.46B▲ 0% |
Equity Growth % | 46.29% | 18.07% | 1.11% | 13.24% | 42.41% | 10.43% | 7.51% | 4.75% | 13.44% | 52.03% |
Book Value per Share | 29.61 | 34.54 | 35.66 | 40.88 | 58.71 | 66.46 | 74.54 | 82.73 | 95.72 | 101.40 |
Total Shareholders' Equity | 9.56B | 11.29B | 11.41B | 12.94B | 18.43B | 20.26B | 21.79B | 22.84B | 25.95B | 27.41B |
Common Stock | 4.28B | 4.47B | 4.64B | 4.89B | 5.05B | 5.17B | 5.3B | 5.49B | 5.67B | 5.78B |
Retained Earnings | 25.3B | 27.55B | 29.85B | 31.65B | 36.45B | 42.25B | 50.93B | 56.4B | 59.68B | 61.23B |
Treasury Stock | -15.46B | -16.31B | -17.47B | -18.07B | -20.53B | -24.09B | -31.34B | -35.35B | -36.36B | -36.83B |
Accumulated OCI | -4.56B | -4.43B | -5.61B | -5.54B | -2.54B | -3.06B | -3.11B | -3.71B | -3.03B | -2.77B |
Minority Interest | 17.2M | 17M | 18M | 7M | 3M | 95M | 101M | 89M | 57M | 54M |
DE Cash Flow Statement
Deere & Company (DE) cash flow — operating, investing & free cash flow history
| Metric | Oct'17 | Oct'18 | Oct'19 | Nov'20 | Oct'21 | Oct'22 | Oct'23 | Oct'24 | Nov'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 2.2B | 1.82B | 3.41B | 7.48B | 7.73B | 4.7B | 8.59B | 9.23B | 7.46B | 7.93B |
Operating CF Margin % | 7.69% | 4.99% | 8.89% | 21.55% | 17.95% | 9.16% | 14.26% | 18.27% | 16.7% | - |
Operating CF Growth % | -41.56% | -17.25% | 87.44% | 119.31% | 3.25% | -39.18% | 82.78% | 7.47% | -19.2% | 4.12% |
Net Income | 2.16B | 2.37B | 3.26B | 2.75B | 5.96B | 7.13B | 10.17B | 7.09B | 5.03B | 4.78B |
Depreciation & Amortization | 1.72B | 1.93B | 2.02B | 2.12B | 2.05B | 1.9B | 2B | 2.12B | 2.23B | 1.72B |
Stock-Based Compensation | 68.1M | 83.8M | 82M | 81M | 82M | 85M | 130M | 208M | 0 | 50M |
Deferred Taxes | 100.1M | 1.48B | -465M | -11M | -441M | -66M | -790M | -294M | -288M | -281M |
Other Non-Cash Items | -550.8M | 32.3M | 182M | 672M | -326M | -30M | 416M | 292M | 459M | 933M |
Working Capital Changes | -1.29B | -4.07B | -1.66B | 1.87B | 396M | -4.32B | -3.34B | -181M | 32M | 751M |
Change in Receivables | -838.9M | -1.53B | -142M | 2.01B | 969M | -2.48B | -4.25B | 421M | 1.08B | 1.07B |
Change in Inventory | -1.31B | -1.77B | -780M | 397M | -2.5B | -2.09B | 279M | 788M | -275M | -241M |
Change in Payables | 968M | 722.3M | 13M | -7M | 1.88B | 1.13B | 830M | 0 | -251M | 314M |
Cash from Investing | -1.64B | -8.15B | -3.92B | -3.32B | -5.75B | -8.48B | -8.75B | -6.46B | -2.06B | -2.74B |
Capital Expenditures | -2.59B | -2.95B | -3.45B | -2.66B | -2.58B | -3.79B | -4.47B | -4.8B | -4.23B | -4.17B |
CapEx % of Revenue | 9.06% | 8.09% | 8.99% | 7.65% | 6% | 7.39% | 7.42% | 9.51% | 9.47% | 8.89% |
Acquisitions | -170.3M | -5.09B | 93M | -66M | -244M | -498M | -82M | 0 | 1.82B | 1.08B |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 832.1M | -58.7M | -517M | -560M | -2.84B | -4.2B | -4.2B | -1.44B | 572M | 445M |
Cash from Financing | 4.29B | 876.4M | 509M | -980M | -1.08B | 826M | 2.81B | -2.72B | -4.58B | -5.38B |
Debt Issued (Net) | 3.31B | 2.04B | 2.64B | 528M | 2.45B | 5.76B | 11.52B | 3.01B | -1.64B | -2.75B |
Equity Issued (Net) | -6M | -958M | -1.07B | -419M | -2.39B | -3.53B | -7.22B | -4.01B | -1.14B | -800M |
Dividends Paid | -764M | -805.8M | -943M | -956M | -1.04B | -1.31B | -1.43B | -1.6B | -1.72B | -1.75B |
Share Repurchases | -6M | -957.9M | -1.25B | -750M | -2.54B | -3.6B | -7.22B | -4.01B | -1.14B | -800M |
Other Financing | 1.75B | 597M | -116M | -133M | -98M | -92M | -73M | -113M | -79M | -80M |
Net Change in Cash | 5B▲ 0% | -5.43B▼ 208.6% | -59M▲ 98.9% | 3.22B▲ 5550.8% | 953M▼ 70.4% | -3.18B▼ 434.1% | 2.68B▲ 184.1% | 13M▼ 99.5% | 952M▲ 7223.1% | -7M▲ 0% |
Free Cash Flow | -392.5M▲ 0% | -1.13B▼ 187.8% | -37M▲ 96.7% | 4.83B▲ 13145.9% | 5.15B▲ 6.6% | 911M▼ 82.3% | 4.12B▲ 352.4% | 4.43B▲ 7.5% | 3.23B▼ 27.0% | 3.77B▲ 0% |
FCF Margin % | -1.37% | -3.1% | -0.1% | 13.9% | 11.96% | 1.78% | 6.84% | 8.77% | 7.23% | 8.04% |
FCF Growth % | -148.5% | -187.85% | 96.73% | 13145.95% | 6.61% | -82.3% | 352.36% | 7.47% | -27.05% | -13.02% |
FCF per Share | -1.21 | -3.45 | -0.12 | 15.25 | 16.39 | 2.97 | 14.04 | 15.98 | 11.89 | 13.91 |
FCF Conversion (FCF/Net Income) | 1.02x | 0.77x | 1.05x | 2.72x | 1.30x | 0.66x | 0.84x | 1.30x | 1.48x | 0.79x |
Interest Paid | 0 | 0 | 0 | 0 | 1.04B | 1.1B | 2.22B | 3.3B | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 2.08B | 1.94B | 3.58B | 2.52B | 0 | 0 |
DE Key Ratios
Deere & Company (DE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 26.79% | 22.68% | 28.62% | 22.57% | 38.01% | 36.77% | 48.13% | 31.69% | 20.55% | 18.21% |
Return on Invested Capital (ROIC) | 5.63% | 7.3% | 7.07% | 6.24% | 10.33% | 10.67% | 15% | 10.77% | 7.76% | 7.81% |
Gross Margin | 29.99% | 29.28% | 29.6% | 31.27% | 31.87% | 30.67% | 37.02% | 38.59% | 36.48% | 35.4% |
Net Margin | 7.54% | 6.5% | 8.48% | 7.92% | 13.86% | 13.91% | 16.87% | 14.05% | 11.25% | 10.21% |
Debt / Equity | 4.18x | 3.74x | 3.97x | 3.58x | 2.64x | 2.56x | 2.91x | 2.86x | 2.46x | 2.32x |
Interest Coverage | 4.51x | 4.38x | 3.79x | 4.11x | 8.66x | 9.59x | 6.31x | 3.75x | 2.97x | 3.07x |
FCF Conversion | 1.02x | 0.77x | 1.05x | 2.72x | 1.30x | 0.66x | 0.84x | 1.30x | 1.48x | 0.79x |
Revenue Growth | 10.5% | 27.4% | 5.27% | -9.53% | 23.94% | 19.17% | 17.48% | -16.15% | -11.59% | 5.39% |
Related:DE Dividend History·DE Revenue History·DE Price History·DE P/E History·DE Financial Ratios·DE Institutional Holders
DE SEC Filings & Documents
Deere & Company (DE) SEC filings — annual & quarterly reports (10-K, 10-Q)
DE Frequently Asked Questions
Deere & Company (DE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Deere & Company (DE) reported $46.86B in revenue for fiscal year 2025. This represents a 324% increase from $11.06B in 1996.
Deere & Company (DE) saw revenue decline by 11.6% over the past year.
Yes, Deere & Company (DE) is profitable, generating $4.78B in net income for fiscal year 2025 (11.3% net margin).
Dividend & Returns
Yes, Deere & Company (DE) pays a dividend with a yield of 1.07%. This makes it attractive for income-focused investors.
Deere & Company (DE) has a return on equity (ROE) of 20.5%. This is excellent, indicating efficient use of shareholder capital.
Deere & Company (DE) generated $3.77B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.