Deere & Co (DE)

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.

Symbol
DE
Exchange
NYSE
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Market cap
$178.54B
52 week range
433 - 721.22

Valuation

Share price
$667.26 (close of 2026-10-01)
P/E (TTM)
36.69x
Price to book
6.38x
Price to free cash flow
29.65x
Enterprise value
$233.79B
Book value per share
$103.84

Price performance

PeriodChange
1 day-0.64%
5 days-3.98%
1 month-1.30%
3 months+6.31%
6 months+16.92%
Year to date+43.32%
1 year+47.71%
3 years+76.81%
5 years+94.99%
10 years+681.79%
All time+24797.76%

Members of Congress who disclosed DE trades

Julie Johnson · Bruce Westerman · Dan Newhouse · Julia Letlow · Lisa McClain · Robert Bresnahan · Val Hoyle · Adam Smith · Alan Armstrong · Jefferson Shreve · Markwayne Mullin

Super investors holding DE

Bill Gates (Gates Foundation Trust)

Profitability and growth

Return on equity
19.37%
Return on assets
4.74%
Net margin
11.00%
EBITDA margin
25.58%
Revenue growth
-11.66%
Net income growth
-29.20%
Free cash flow growth
-19.65%

Cash flow and balance sheet

Free cash flow yield (TTM)
3.37%
Net debt to EBITDA
4.73x

Latest reported year

Period end
2025-11-02
Fiscal year
2025
Revenue
$45.68B
EBITDA
$11.69B
Net income
$5.03B
Earnings per share
$18.55
Research and development
$2.31B
Interest expense
$3.17B
Shares outstanding
270.90M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-11-02$45.68B-$5.03B$18.55
2024-10-27$51.72B$16.17B$7.10B$25.73
2023-10-29$61.25B$19.73B$10.17B$34.80
2022-10-30$52.58B$15.28B$7.13B$23.42
2021-10-31$44.02B$12.98B$5.96B$19.14
2020-11-01$35.54B$9.43B$2.75B$8.77
2019-11-03$39.26B$9.75B$3.25B$10.28
2018-10-28$37.36B$9.59B$2.37B$7.34
2017-10-29$29.74B$9.80B$2.16B$6.76
2016-10-31$26.64B$8.40B$1.52B$4.83

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-11-02-11.00%19.37%-
2024-10-2731.26%13.73%31.08%8.58%
2023-10-2932.21%16.60%46.66%12.93%
2022-10-3029.07%13.56%35.19%11.08%
2021-10-3129.49%13.54%32.35%11.65%
2020-11-0126.52%7.74%21.25%6.78%
2019-11-0324.83%8.29%28.49%9.43%
2018-10-2825.67%6.34%20.97%7.94%
2017-10-2932.97%7.26%22.58%9.97%
2016-10-3131.51%5.72%23.33%7.29%

Cash and debt by year

Period endCashDebt
2025-11-02$8.28B-
2024-10-27$7.32B-
2023-10-29$7.46B-
2022-10-30$4.77B-
2021-10-31$8.02B$32.89B
2020-11-01$7.07B$32.73B
2019-11-03$3.86B$30.23B
2018-10-28$3.90B$27.24B
2017-10-29$9.33B$25.89B
2016-10-31$4.34B$23.70B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-11-02$6.10B$151.00M
2024-10-27$7.59B$208.00M
2023-10-29$7.09B$130.00M
2022-10-30$3.56B$85.00M
2021-10-31$6.88B$82.00M
2020-11-01$6.66B$81.00M
2019-11-03$2.29B$82.00M
2018-10-28$926.00M$84.00M
2017-10-29$1.60B$68.00M
2016-10-31$3.12B$70.60M

Dividend history

Most recent payment
2026-09-30
Paid in the last twelve months
$6.48
Payment dateDividend per share
2026-09-30$1.62
2026-06-30$1.62
2026-03-31$1.62
2025-12-31$1.62
2025-09-30$1.62
2025-06-30$1.62
2025-03-31$1.62
2024-12-31$1.62

Investor relations

Next earnings report

Next confirmed report
2026-11-25
Consensus EPS estimate
$4.08

Past earnings dates

ReportedFiscal periodEPS estimate
2026-05-21Apr/2026$5.81
2026-02-12--
2025-05-14--
2025-02-13--
2024-11-20--
2024-08-15--
2024-05-16--
2024-02-15--

Filings and sources

Company website
deere.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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