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Investment Highlights Market Valuation Price Chart Business Description Interactive Breakdown Latest Trefis Analyses Better Bets vs. DE Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Deere (DE)

Market Price (9/17/2025): $468.8 | Market Cap: $126.9 Bil
Sector: Industrials | Industry: Agricultural & Farm Machinery

Deere (DE)

Market Price (9/17/2025): $468.8
Market Cap: $126.9 Bil
Sector: Industrials
Industry: Agricultural & Farm Machinery

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.4%		 Weak multi-year price returns
2Y Excs Rtn is -28%, 3Y Excs Rtn is -31%		 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -21%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.6%, Rev Chg QQuarterly Revenue Change % is -8.3%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, CFO LTM is 8.6 Bil, FCF LTM is 4.1 Bil		  
2 Low stock price volatility
Vol 12M is 29%		  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.4%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, CFO LTM is 8.6 Bil, FCF LTM is 4.1 Bil
2 Low stock price volatility
Vol 12M is 29%
3 Weak multi-year price returns
2Y Excs Rtn is -28%, 3Y Excs Rtn is -31%
4 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -21%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.6%, Rev Chg QQuarterly Revenue Change % is -8.3%

Market Valuation

 9/17/252024202320222021
Share Price CYE$468.80$420.89$391.33$414.01$327.06
Market Cap CYE ($ Bil)126.9114.8111.8124.5101.1
Total Debt ($ Bil)66.965.563.752.248.7
Total Cash ($ Bil)10.08.58.45.58.7
Enterprise Value ($ Bil)183.8180.3175.5176.7149.8
Valuation Ratios     
P/S TTM2.92.31.92.52.5
P/EBIT TTM13.29.37.512.812.4
P/E TTM24.416.511.518.317.9
Sector Ratios     
P/S TTM (Sector)1.61.41.41.11.6
P/EBIT TTM (Sector)11.410.210.08.312.1
P/E TTM (Sector)16.613.713.911.215.6
 9/17/2520242023
Share Price CYE$468.80$420.89$391.33
Market Cap CYE ($ Bil)126.9114.8111.8
Total Debt ($ Bil)66.965.563.7
Total Cash ($ Bil)10.08.58.4
Enterprise Value ($ Bil)183.8180.3175.5
Valuation Ratios   
P/S TTM2.92.31.9
P/EBIT TTM13.29.37.5
P/E TTM24.416.511.5
Sector Ratios   
P/S TTM (Sector)1.61.41.4
P/EBIT TTM (Sector)11.410.210.0
P/E TTM (Sector)16.613.713.9

Market Cap Chart

Business Description

Deere & 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. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
DE Return58%29%27%-5%8%11%193%
Peers Return27%16%4%18%19%14%145%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: CAT, ALSN, TEX, ASTE, DE. See DE Returns vs. Peers.
[3] 2025 data is for the year up to 9/16/2025 (YTD)

Interactive Breakdown

Deere Interactive Breakdown Analysis

Better Bets than Deere (DE)

 DEBetter Performance than DE
MetricValueIndustry (Agricultural & Farm Machinery)
Rev Chg LTM-20.9%TTC (0.7%), REVG (-3.2%), BLBD (9.3%), LNN (9.5%), HY (-7.1%)
Rev Chg 3Y Avg-0.6%AGCO (-0.5%), TTC (1.9%), REVG (1.7%), BLBD (25.6%), HY (6.7%)
Op Mgn LTM20.0%
CFO/Rev LTM19.7%
FCF/Rev LTM9.4%CNH (11.8%), TTC (10.9%), BLBD (10.1%), LNN (13.0%), ARTW (9.8%)
Total Yield5.4%CNH (8.5%), TTC (6.2%), BLBD (6.3%), LNN (6.0%), HY (7.4%)
 DEBetter Performance than DE
MetricValueAll Other Sectors
Rev Chg LTM-20.9%NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), GOOGL (13.1%), AMZN (10.9%)
Rev Chg 3Y Avg-0.6%NVDA (92.0%), MSFT (12.5%), AAPL (1.8%), GOOGL (10.2%), AMZN (11.3%)
Op Mgn LTM20.0%NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), GOOGL (32.7%), META (42.9%)
CFO/Rev LTM19.7%NVDA (46.6%), MSFT (48.3%), AAPL (26.6%), GOOGL (36.0%), META (56.4%)
FCF/Rev LTM9.4%NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), GOOGL (18.0%), META (30.7%)
Total Yield5.4%BRK-B (5.9%), JPM (6.6%), XOM (9.7%), JNJ (8.2%), HD (5.7%)

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Deere Earnings Notes  
2Will You Be Comfortable Buying Deere Stock?Return 
3How Does DE Stack Up Against Its Peers?Peer Comparison 
4Better Bet Than DE Stock: Pay Less Than Deere To Get More From MRK, SO   
5Better Bet Than DE Stock: Pay Less Than Deere To Get More From UAL, LDOS   
6Better Bet Than DE Stock: Pay Less Than Deere To Get More From BLBD Actionable 
7DE Dip Buy Analysis  
8Deere vs. Large Cap Stocks: Which Is A Better Investment?Investment Theme Comparisons 
9Deere Total Shareholder Return (TSR): 15.9% in 2024 and 8.6% 3-yr compounded annual returns (below peer average)  
10Deere vs. PG&E: DE stock's higher valuation vs. PCG appears counterintuitiveCounter-Intuitive Comparisons 
11ARTICLES  
12DE Dropped 6.8% In A Day. Have You Fully Evaluated The Risk? August 15th, 2025
13S&P 500 Movers | Winners: INTC, TPL, LLY | Losers: TPR, AMCR, DE August 15th, 2025
14How To Trade Deere Stock Ahead of Its Upcoming Earnings? August 12th, 2025
15Better Bet Than Deere Stock: Pay Less To Get More From BLBD July 31st, 2025
16Better Bet Than Deere Stock: Pay Less To Get More From Industry Peer July 16th, 2025
Title
0DASHBOARDS
1DE Dropped 6.8% In A Day. Have You Fully Evaluated The Risk?
2S&P 500 Movers | Winners: INTC, TPL, LLY | Losers: TPR, AMCR, DE
3How To Trade Deere Stock Ahead of Its Upcoming Earnings?
4Better Bet Than Deere Stock: Pay Less To Get More From BLBD
5Better Bet Than Deere Stock: Pay Less To Get More From Industry Peer
6ARTICLES
7Deere Earnings Notes
8Will You Be Comfortable Buying Deere Stock?
9How Does DE Stack Up Against Its Peers?
10Better Bet Than DE Stock: Pay Less Than Deere To Get More From MRK, SO 
11Better Bet Than DE Stock: Pay Less Than Deere To Get More From UAL, LDOS 
12Better Bet Than DE Stock: Pay Less Than Deere To Get More From BLBD 
13DE Dip Buy Analysis
14Deere vs. Large Cap Stocks: Which Is A Better Investment?
15Deere Total Shareholder Return (TSR): 15.9% in 2024 and 8.6% 3-yr compounded annual returns (below peer average)
16Deere vs. PG&E: DE stock's higher valuation vs. PCG appears counterintuitive

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Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1BDSXBiodesix1313.2%-78.6%
2CLSDClearside Biomedical954.0%-74.9%
3SDOTSadot624.1%-79.4%
4WLDSWearable Devices498.0%-30.0%
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6ATCHAtlasClear275.9%-91.0%
7HSDTHelius Medical Technologies262.5%-95.6%
8OPIOffice Properties Income Trust261.7%-13.4%
9FGIFGI Industries156.8%145.2%
10AIREReAlpha Tech154.0%-56.1%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1NAKAKindly MD-81.4% 
2ATYRaTyr Pharma-79.7%-70.2%
3LGCLLucas GC-73.6%-77.1%
4EPSMEpsium Enterprise-70.1% 
5BNGOBionano Genomics-59.4%-89.7%
6FAASDigiAsia-58.5%-87.2%
7QMMMQMMM-57.5%6775.0%
8VCIGVCI Global-56.9%-99.1%
9YYGHYY-56.6%-78.5%
10XAGELongevity Health-55.5%-86.1%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Deere

Financials

DECATALSNTEXASTEMedian
NameDeere Caterpil.Allison .Terex Astec In. 
Mkt Price468.70440.6787.6852.9446.7587.68
Mkt Cap126.9207.07.43.51.17.4
Rev LTM43,39763,1393,2005,0641,3105,064
Op Inc LTM8,66311,5101,000437781,000
FCF LTM4,1017,74065420178654
FCF 3Y Avg3,9868,349646229-11646
CFO LTM8,55611,37382233992822
CFO 3Y Avg8,52211,51779435917794

Growth & Margins

DECATALSNTEXASTEMedian
NameDeere Caterpil.Allison .Terex Astec In. 
Rev Chg LTM-20.9%-4.9%2.7%-2.8%1.2%-2.8%
Rev Chg 3Y Avg-0.6%5.8%8.0%8.3%5.1%5.8%
Rev Chg Q-8.3%-0.7%-0.2%-4.9%-4.4%-4.4%
QoQ Delta Rev Chg LTM-2.4%-0.2%-0.1%-1.2%-1.1%-1.1%
Op Mgn LTM20.0%18.2%31.2%8.6%5.9%18.2%
Op Mgn 3Y Avg22.3%18.8%30.3%10.6%4.0%18.8%
QoQ Delta Op Mgn LTM-1.2%-0.9%-0.2%-1.6%0.9%-0.9%
CFO/Rev LTM19.7%18.0%25.7%6.7%7.1%18.0%
CFO/Rev 3Y Avg16.5%17.8%25.7%7.2%1.4%16.5%
FCF/Rev LTM9.4%12.3%20.4%4.0%5.9%9.4%
FCF/Rev 3Y Avg7.8%12.9%20.9%4.6%-0.8%7.8%

Valuation

DECATALSNTEXASTEMedian
NameDeere Caterpil.Allison .Terex Astec In. 
Mkt Cap126.9207.07.43.51.17.4
P/S2.93.32.30.70.82.3
P/EBIT13.217.07.28.514.413.2
P/E24.421.99.714.223.321.9
P/CFO14.818.29.010.411.611.6
Total Yield5.4%5.9%10.7%8.4%5.4%5.9%
Dividend Yield1.3%1.3%0.3%1.3%1.1%1.3%
FCF Yield 3Y Avg3.4%5.4%10.1%6.4%-1.4%5.4%
D/E0.50.20.30.70.10.3
Net D/E0.40.20.20.70.00.2

Returns

DECATALSNTEXASTEMedian
NameDeere Caterpil.Allison .Terex Astec In. 
1M Rtn-4.1%8.1%0.8%5.3%3.6%3.6%
3M Rtn-10.1%23.7%-6.1%18.4%19.4%18.4%
6M Rtn-1.9%32.0%-9.9%34.5%29.8%29.8%
12M Rtn20.4%28.6%0.2%1.1%49.1%20.4%
3Y Rtn37.8%159.4%159.8%68.3%37.7%68.3%
1M Excs Rtn-6.5%5.6%-1.7%2.9%1.1%1.1%
3M Excs Rtn-19.9%12.5%-17.6%3.8%5.1%3.8%
6M Excs Rtn-18.6%13.3%-26.1%18.2%12.0%12.0%
12M Excs Rtn4.8%13.8%-15.5%-12.1%38.1%4.8%
3Y Excs Rtn-31.2%83.3%83.9%-8.0%-39.8%-8.0%

Comparison Analyses

Financials

$ Mil | FY: 10/272025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q4
Period End7/27/20254/27/20251/26/202510/27/20247/28/20244/28/20241/28/202410/29/20237/30/20234/30/20231/29/202310/30/2022
Filing Date8/28/20255/29/20252/27/202512/12/20248/29/20245/30/20242/29/202412/15/20238/31/20236/1/20232/23/202312/15/2022
Key Financials Quarterly            
Total Revenue11,78312,5258,26210,82712,84814,99711,84615,15715,53717,15812,39615,276
Ebitda2,9583,6762,2732,9093,7484,4783,5374,3324,7614,9183,4663,686
Operating Income2,1592,8831,4782,1432,8913,7152,6783,7223,9654,1882,7163,106
Net Income1,2891,8048691,2451,7342,3701,7512,3692,9782,8601,9592,246
EPS4.766.653.204.576.328.566.258.3010.249.696.587.48
Key Financials TTM            
Total Revenue TTM43,39744,46246,93450,51854,84857,53759,69860,24860,36758,67654,34851,283
Ebitda TTM11,81612,60613,40814,67216,09517,10817,54817,47716,83115,41513,68312,083
Operating Income TTM8,6639,39510,22711,42713,00614,08014,55314,59113,97512,58910,6009,026
Net Income TTM5,2075,6526,2187,1008,2249,4689,95810,16610,0438,9498,1877,131
Growth Rates Quarterly            
Total Revenue Growth-8.3%-16.5%-30.3%-28.6%-17.3%-12.6%-4.4%-0.8%12.2%33.7%32.8%37.6%
EBITDA Growth-21.1%-17.9%-35.7%-32.8%-21.3%-8.9%2.0%17.5%42.3%54.4%85.7%60.0%
Operating Income Growth-25.3%-22.4%-44.8%-42.4%-27.1%-11.3%-1.4%19.8%53.7%90.5%137.8%87.2%
Net Income Growth-25.7%-23.9%-50.4%-47.4%-41.8%-17.1%-10.6%5.5%58.1%36.3%116.9%75.1%
Margins Quarterly            
EBITDA Margin25.1%29.3%27.5%26.9%29.2%29.9%29.9%28.6%30.6%28.7%28.0%24.1%
Operating Income Margin18.3%23.0%17.9%19.8%22.5%24.8%22.6%24.6%25.5%24.4%21.9%20.3%
Net Income Margin10.9%14.4%10.5%11.5%13.5%15.8%14.8%15.6%19.2%16.7%15.8%14.7%
Cash & Debt            
Total Cash9,9879,2636,6338,4788,1446,6476,2738,4047,4176,1234,8285,508
Total Debt66,93166,60164,65565,46366,11365,90763,45963,69262,17158,39354,36952,201
Net Debt / (Cash)56,94457,33858,02256,98557,96959,26057,18655,28854,75452,27049,54146,693
Cash Flows Quarterly            
FCF from Operations2,8961,700-1,1325,0923,1951,852-9085,6933,0431,099-1,2464,281
Cash Flows TTM            
FCF from Operations TTM8,5568,8559,0079,2319,8329,6808,9278,5897,1776,3146,0064,699
Returns to Shareholders Quarterly            
Dividends439440403403406410386362368356341342
Share Repurchases2983974417808051,0941,3282,5532,1171,2891,2571,120
Return on Invested Capital (ROIC) Quarterly            
ROIC12.0%15.5%9.9%12.6%14.7%19.0%14.8%20.7%23.9%23.8%17.2%20.7%
Return on Invested Capital (ROIC) TTM            
ROIC TTM12.4%13.1%13.9%15.5%17.1%18.7%19.9%20.6%19.9%18.3%16.7%15.1%

Price Behavior

DE Betas & Captures as of 8/31/2025

 1M2M3M6M1Y3Y
Beta1.561.411.130.850.780.77
Up Beta2.711.771.690.910.820.80
Down Beta3.182.672.010.750.730.73
Up Capture-4%33%30%74%77%45%
Bmk +ve Days10223571142415
Stock +ve Days9193058122386
Down Capture175%145%112%94%80%94%
Bmk -ve Days11192754106334
Stock -ve Days12223267125363

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity4,288,439
Short Interest: % Change Since 8152025-13.0%
Average Daily Volume1,210,357
Days-to-Cover Short Interest3.54
Basic Shares Quantity270,700,000
Short % of Basic Shares1.6%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/14/2025-6.8%-4.1%-8.4%
5/15/20253.8%3.4%2.4%
2/13/2025-2.2%4.0%0.2%
11/21/20248.0%15.1%6.8%
8/15/20246.3%7.3%12.4%
5/16/2024-4.7%-6.8%-8.7%
2/15/2024-5.2%-7.3%-0.4%
11/22/2023-3.1%-4.9%2.8%
...
SUMMARY STATS   
# Positive111212
# Negative131212
Median Positive5.3%5.8%7.5%
Median Negative-3.1%-4.8%-3.5%
Max Positive9.9%15.9%24.1%
Max Negative-14.1%-8.8%-32.7%

SEC Filings

Expand for More

Report DateFiling DateFiling
7312025828202510-Q 7/27/2025
4302025529202510-Q 4/27/2025
1312025227202510-Q 1/26/2025
103120241212202410-K 10/27/2024
7312024829202410-Q 7/28/2024
4302024530202410-Q 4/28/2024
1312024229202410-Q 1/28/2024
103120231215202310-K 10/29/2023
7312023831202310-Q 7/30/2023
4302023601202310-Q 4/30/2023
1312023223202310-Q 1/29/2023
103120221215202210-K 10/30/2022
7312022901202210-Q 7/31/2022
4302022526202210-Q 5/1/2022
1312022224202210-Q 1/30/2022
103120211216202110-K 10/31/2021

Insider Activity

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External Quote Links


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