Deere & Company is experiencing a cyclical revenue recovery, with the most recent quarter showing 7.0% year-over-year growth after a period of severe contraction, suggesting a potential trough in the agricultural equipment cycle.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has turned positive at 7.0% in the latest quarter, but operating margin remains volatile, ranging from 15.7% to 24.8% over the past ten quarters, indicating significant sensitivity to cyclical demand swings.
Deere is entering FY2025 at a cyclical trough, with 2026 expected to be the bottom of the current agricultural cycle, leading to improved demand.
The company's emphasis on precision agriculture and technology is projected to enhance higher-margin products and recurring revenue.
Deere has shown margin resilience and consistent earnings beats, returning significant capital to shareholders through dividends and buybacks.
Deere's business is cyclical, closely tied to farm income and crop prices, with historical drawdowns during market shocks.
Some analysts highlight a 'lofty P/E' ratio, raising concerns about potential profit-taking after recent stock rallies.
Resurgent inflation could lead to interest rate hikes, increasing risk aversion and negatively impacting equities.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 20, 2026 | $5.10+8.7% vs $4.69 | $12.6B+16.6% vs $10.8B |
Q2 2026 May 21, 2026 | $6.55+14.9% vs $5.70 | $11.8B+2.0% vs $11.6B |
Q1 2026 Feb 19, 2026 | $2.42+19.8% vs $2.02 | $8.0B+5.4% vs $7.6B |
Q4 2025 Nov 26, 2025 | $3.93+2.3% vs $3.84 | $12.1B+23.0% vs $9.8B |
Investors looking for stocks in the Manufacturing - Farm Equipment sector might want to consider either Kubota Corp. (KUBTY) or Deere (DE). But which of these two stocks is more attractive to value investors?
ADM and DE offer exposure to AgriTech and food innovation, backed by strategic investments, operational improvements and growth opportunities.
Alta Advisers Ltd grew its holdings in shares of Deere and Company (NYSE: DE) by 84.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,813 shares of the industrial products company's stock after buying an additional 831 shares
Bank Julius Baer and Co. Ltd Zurich trimmed its holdings in shares of Deere and Company (NYSE: DE) by 67.6% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,220 shares of the industrial products company's stock
Benchmark DE against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Deere & Company (DE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $671.65 | $181.3B | 36.31 | -11.59% | 11.25% | 20.55% | 0.94% | |
| $11.56 | $14.33B | 28.20 | -8.78% | 1.71% | 3.97% | 2.3% | |
| $110.44 | $8B | 11.33 | -13.55% | 2.76% | 6.25% | 1.05% | |
| $558.63 | $257.33B | 29.67 | 4.29% | 15.21% | 58.53% | 1.05% | |
| $22.14 | $515.91M | -9.30 | -10.18% | -2.46% | -9.8% | — | |
| $106.33 | $1.08B | 15.68 | 11.41% | 8.75% | 10.96% | 1.36% |
Deere & Company (DE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Deere & Company (DE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 20, 2026·SEC
May 21, 2026·SEC
May 1, 2026·SEC
Get notified when DE posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
Deere & Company (DE) stock FAQ — growth, dividends, profitability & financials explained
Deere & Company (DE) reported $47.68B in revenue over the trailing twelve months. Revenue was $44.66B in fiscal year 2025. That is 304% more than the $11.06B of fiscal year 1996.
Deere & Company (DE) revenue fell by 11.6% in fiscal year 2025, compared with the prior fiscal year.
Yes. Deere & Company (DE) earned $4.87B in net income over the trailing twelve months (a 10.2% net margin).
Yes. Deere & Company (DE) pays a dividend that yields 0.94% at the current price, a small yield.
Deere & Company (DE) had a return on equity (ROE) of 20.5% in fiscal year 2025. That is well above the market's typical 10-15%.
Deere & Company (DE) generated $3.87B in free cash flow over the trailing twelve months.
