Deere & Company
DENYSE
$639.40
Last price · USD
- Market cap
- $173.7B
- P/E
- 34.6x
- EV / EBITDA
- 19.7x
- P/S
- 3.9x
- FCF yield
- 1.9%
- Div. yield
- 0.99%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Revenue
$44.66B
-11.6%
4Y CAGR +0.9%
Gross profit
$16.30B
-16.4%
4Y CAGR +4.4%
Operating income
$8.42B
-26.3%
4Y CAGR +2.4%
Net income
$5.03B
-29.2%
4Y CAGR -4.2%
EPS (diluted)
$18.50
-27.8%
4Y CAGR -0.7%
Free cash flow
$3.23B
-27.0%
4Y CAGR -11.0%
Revenue & net income
Fiscal 2021–2025 · USD
RevenueNet income
Valuation
At $639.40 · FY2025 fundamentals
- Market cap
- $173.7B
- Enterprise value
- $229.4B
- P/E
- 34.6x
- P/S
- 3.9x
- P/B
- 6.7x
- EV / EBITDA
- 19.7x
- EV / Sales
- 5.1x
- Earnings yield
- 2.9%
- FCF yield
- 1.9%
- Shareholder yield
- 1.6%
Profitability
Margins as a share of revenue
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Gross margin | 36.5%+4.6pp | 31.9% | |
| Operating margin | 18.8%+1.0pp | 17.8% | |
| EBITDA margin | 26.1%+1.4pp | 24.7% | |
| Net margin | 11.3%-2.6pp | 13.9% | |
| FCF margin | 7.2%-4.7pp | 12.0% |
Returns & financial health
FY2025 with 4-year trend
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Return on equity | 19.4% | 32.4% | |
| Return on invested capital | 8.2% | 10.1% | |
| Return on assets | 4.7% | 7.1% | |
| Debt / equity | 2.46x | 2.64x | |
| Net debt / EBITDA | 4.78x | 3.82x | |
| Current ratio | 2.31x | 2.22x |
Cash & equivalents
$8.28B
Total debt
$63.94B
Capital allocation
How DE used its cash in FY2025
- Operating cash flow
- $7.46B
- Capital expenditure
- $4.23B
- Dividends paid
- $1.72B
- Share repurchases
- $1.14B
- Stock-based compensation
- $151M
- Diluted shares
- 271.7M
- Share count change (4Y)
- -13.5%
Analyst estimates
Consensus for upcoming fiscal years
| Fiscal year | Revenue | Growth | EPS | Growth |
|---|---|---|---|---|
| FY2025 actual | $44.66B | $18.50 | ||
| FY2026E18 analysts | $41.41B | -7.3% | $18.09 | -2.2% |
| FY2027E18 analysts | $45.01B | +8.7% | $22.68 | +25.4% |
| FY2028E14 analysts | $48.61B | +8.0% | $27.13 | +19.6% |
About Deere & Company
Industrials · Agricultural - Machinery
Deere & Company is a global manufacturer and distributor of a wide range of equipment. The company's operations are organized into four primary business segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment focuses on large-scale farming and advanced agricultural practices, offering medium-sized tractors, various harvesting machinery (including combines, cotton pickers, and sugarcane harvesters), front-end harvesting tools, sugarcane loaders, pull-behind scrapers, and essential tillage and seeding implements.
deere.com- Sector
- Industrials
- Industry
- Agricultural - Machinery
- CEO
- John C. May
- Employees
- 73,100
- Headquarters
- Moline, IL, US
- IPO date
- 1972-06-01
Deere & Company (DE) — frequently asked questions
Answered from the company's SEC filings
Deere & Company is a global manufacturer and distributor of a wide range of equipment. The company's operations are organized into four primary business segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services.
Explore the full income statement, balance sheet and cash flow statement. Not investment advice.