DEERE & CO (DE) Fundamental Analysis & Valuation

NYSE:DE • US2441991054

589.77 USD
-0.92 (-0.16%)
At close: Mar 6, 2026
588.64 USD
-1.13 (-0.19%)
After Hours: 3/6/2026, 8:11:49 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to DE. DE was compared to 130 industry peers in the Machinery industry. While DE belongs to the best of the industry regarding profitability, there are concerns on its financial health. DE is quite expensive at the moment. It does show a decent growth rate. DE also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

7

1. DE Profitability Analysis

1.1 Basic Checks

  • DE had positive earnings in the past year.
  • In the past year DE had a positive cash flow from operations.
  • DE had positive earnings in each of the past 5 years.
  • Each year in the past 5 years DE had a positive operating cash flow.
DE Yearly Net Income VS EBIT VS OCF VS FCFDE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B

1.2 Ratios

  • The Return On Assets of DE (4.65%) is comparable to the rest of the industry.
  • The Return On Equity of DE (18.30%) is better than 85.38% of its industry peers.
  • DE has a better Return On Invested Capital (9.51%) than 68.46% of its industry peers.
  • DE had an Average Return On Invested Capital over the past 3 years of 11.93%. This is in line with the industry average of 10.22%.
Industry RankSector Rank
ROA 4.65%
ROE 18.3%
ROIC 9.51%
ROA(3y)7.04%
ROA(5y)7.23%
ROE(3y)32.38%
ROE(5y)32.94%
ROIC(3y)11.93%
ROIC(5y)11.53%
DE Yearly ROA, ROE, ROICDE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • The Profit Margin of DE (10.29%) is better than 73.08% of its industry peers.
  • DE's Profit Margin has improved in the last couple of years.
  • DE's Operating Margin of 19.79% is amongst the best of the industry. DE outperforms 90.00% of its industry peers.
  • In the last couple of years the Operating Margin of DE has grown nicely.
  • Looking at the Gross Margin, with a value of 37.15%, DE is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
  • In the last couple of years the Gross Margin of DE has grown nicely.
Industry RankSector Rank
OM 19.79%
PM (TTM) 10.29%
GM 37.15%
OM growth 3Y2.78%
OM growth 5Y5.53%
PM growth 3Y-6.96%
PM growth 5Y7.29%
GM growth 3Y5.48%
GM growth 5Y2.6%
DE Yearly Profit, Operating, Gross MarginsDE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. DE Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DE is creating some value.
  • Compared to 1 year ago, DE has less shares outstanding
  • Compared to 5 years ago, DE has less shares outstanding
  • Compared to 1 year ago, DE has an improved debt to assets ratio.
DE Yearly Shares OutstandingDE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
DE Yearly Total Debt VS Total AssetsDE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

2.2 Solvency

  • The Debt to FCF ratio of DE is 17.47, which is on the high side as it means it would take DE, 17.47 years of fcf income to pay off all of its debts.
  • With a Debt to FCF ratio value of 17.47, DE is not doing good in the industry: 62.31% of the companies in the same industry are doing better.
  • A Debt/Equity ratio of 1.83 is on the high side and indicates that DE has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.83, DE is not doing good in the industry: 86.92% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.83
Debt/FCF 17.47
Altman-Z N/A
ROIC/WACC1.09
WACC8.76%
DE Yearly LT Debt VS Equity VS FCFDE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B 40B

2.3 Liquidity

  • DE has a Current Ratio of 0.90. This is a bad value and indicates that DE is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of DE (0.90) is worse than 90.00% of its industry peers.
  • A Quick Ratio of 0.65 indicates that DE may have some problems paying its short term obligations.
  • The Quick ratio of DE (0.65) is worse than 84.62% of its industry peers.
Industry RankSector Rank
Current Ratio 0.9
Quick Ratio 0.65
DE Yearly Current Assets VS Current LiabilitesDE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. DE Growth Analysis

3.1 Past

  • DE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.57%.
  • The Earnings Per Share has been growing by 16.52% on average over the past years. This is quite good.
  • The Revenue has decreased by -2.61% in the past year.
  • The Revenue has been growing slightly by 5.15% on average over the past years.
EPS 1Y (TTM)-20.57%
EPS 3Y-7.13%
EPS 5Y16.52%
EPS Q2Q%-24.14%
Revenue 1Y (TTM)-2.61%
Revenue growth 3Y-4.34%
Revenue growth 5Y5.15%
Sales Q2Q%17.51%

3.2 Future

  • The Earnings Per Share is expected to grow by 23.15% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 15.42% on average over the next years. This is quite good.
EPS Next Y-8.86%
EPS Next 2Y9.96%
EPS Next 3Y14.21%
EPS Next 5Y23.15%
Revenue Next Year5.95%
Revenue Next 2Y7.58%
Revenue Next 3Y7.96%
Revenue Next 5Y15.42%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
DE Yearly Revenue VS EstimatesDE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20B 40B 60B
DE Yearly EPS VS EstimatesDE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10 20 30 40 50

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Find the best growth stocksShow best growing peers

2

4. DE Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 32.91, which means the current valuation is very expensive for DE.
  • The rest of the industry has a similar Price/Earnings ratio as DE.
  • DE's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.29.
  • Based on the Price/Forward Earnings ratio of 26.10, the valuation of DE can be described as expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as DE.
  • DE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.57.
Industry RankSector Rank
PE 32.91
Fwd PE 26.1
DE Price Earnings VS Forward Price EarningsDE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • DE's Enterprise Value to EBITDA ratio is in line with the industry average.
  • DE's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. DE is more expensive than 60.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 44.71
EV/EBITDA 18.18
DE Per share dataDE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

4.3 Compensation for Growth

  • The decent profitability rating of DE may justify a higher PE ratio.
  • DE's earnings are expected to grow with 14.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.99
EPS Next 2Y9.96%
EPS Next 3Y14.21%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. DE Dividend Analysis

5.1 Amount

  • DE has a Yearly Dividend Yield of 1.05%. Purely for dividend investing, there may be better candidates out there.
  • DE's Dividend Yield is a higher than the industry average which is at 1.13.
  • With a Dividend Yield of 1.05, DE pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.05%

5.2 History

  • The dividend of DE is nicely growing with an annual growth rate of 15.78%!
  • DE has been paying a dividend for at least 10 years, so it has a reliable track record.
  • DE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)15.78%
Div Incr Years4
Div Non Decr Years34
DE Yearly Dividends per shareDE Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6

5.3 Sustainability

  • DE pays out 36.52% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of DE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP36.52%
EPS Next 2Y9.96%
EPS Next 3Y14.21%
DE Yearly Income VS Free CF VS DividendDE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B 10B
DE Dividend Payout.DE Dividend Payout, showing the Payout Ratio.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

DE Fundamentals: All Metrics, Ratios and Statistics

DEERE & CO

NYSE:DE (3/6/2026, 8:11:49 PM)

After market: 588.64 -1.13 (-0.19%)

589.77

-0.92 (-0.16%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-19
Earnings (Next)05-13
Inst Owners75.5%
Inst Owner Change2.28%
Ins Owners0.12%
Ins Owner Change0.05%
Market Cap159.87B
Revenue(TTM)46.79B
Net Income(TTM)4.81B
Analysts75.88
Price Target668.35 (13.32%)
Short Float %2.35%
Short Ratio3.85
Dividend
Industry RankSector Rank
Dividend Yield 1.05%
Yearly Dividend6.35
Dividend Growth(5Y)15.78%
DP36.52%
Div Incr Years4
Div Non Decr Years34
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.92%
Min EPS beat(2)-0.87%
Max EPS beat(2)14.71%
EPS beat(4)3
Avg EPS beat(4)8.18%
Min EPS beat(4)-0.87%
Max EPS beat(4)15.53%
EPS beat(8)6
Avg EPS beat(8)7.56%
EPS beat(12)10
Avg EPS beat(12)9.54%
EPS beat(16)12
Avg EPS beat(16)7.4%
Revenue beat(2)2
Avg Revenue beat(2)2.69%
Min Revenue beat(2)1.06%
Max Revenue beat(2)4.32%
Revenue beat(4)3
Avg Revenue beat(4)0.85%
Min Revenue beat(4)-2.49%
Max Revenue beat(4)4.32%
Revenue beat(8)4
Avg Revenue beat(8)-1.6%
Revenue beat(12)5
Avg Revenue beat(12)-1.09%
Revenue beat(16)8
Avg Revenue beat(16)0.74%
PT rev (1m)26.15%
PT rev (3m)26.74%
EPS NQ rev (1m)3.78%
EPS NQ rev (3m)-13.84%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)-19.09%
Revenue NQ rev (1m)-0.88%
Revenue NQ rev (3m)0.57%
Revenue NY rev (1m)-1.12%
Revenue NY rev (3m)1.18%
Valuation
Industry RankSector Rank
PE 32.91
Fwd PE 26.1
P/S 3.42
P/FCF 44.71
P/OCF 20.76
P/B 6.08
P/tB 7.56
EV/EBITDA 18.18
EPS(TTM)17.92
EY3.04%
EPS(NY)22.6
Fwd EY3.83%
FCF(TTM)13.19
FCFY2.24%
OCF(TTM)28.41
OCFY4.82%
SpS172.6
BVpS97.02
TBVpS77.99
PEG (NY)N/A
PEG (5Y)1.99
Graham Number197.79
Profitability
Industry RankSector Rank
ROA 4.65%
ROE 18.3%
ROCE 13.18%
ROIC 9.51%
ROICexc 10.43%
ROICexgc 11.92%
OM 19.79%
PM (TTM) 10.29%
GM 37.15%
FCFM 7.64%
ROA(3y)7.04%
ROA(5y)7.23%
ROE(3y)32.38%
ROE(5y)32.94%
ROIC(3y)11.93%
ROIC(5y)11.53%
ROICexc(3y)13.13%
ROICexc(5y)12.71%
ROICexgc(3y)14.42%
ROICexgc(5y)13.98%
ROCE(3y)18.3%
ROCE(5y)17.43%
ROICexgc growth 3Y-7.7%
ROICexgc growth 5Y2.28%
ROICexc growth 3Y-7.44%
ROICexc growth 5Y3.01%
OM growth 3Y2.78%
OM growth 5Y5.53%
PM growth 3Y-6.96%
PM growth 5Y7.29%
GM growth 3Y5.48%
GM growth 5Y2.6%
F-Score5
Asset Turnover0.45
Health
Industry RankSector Rank
Debt/Equity 1.83
Debt/FCF 17.47
Debt/EBITDA 4.17
Cap/Depr 181.72%
Cap/Sales 8.82%
Interest Coverage 250
Cash Conversion 66.81%
Profit Quality 74.28%
Current Ratio 0.9
Quick Ratio 0.65
Altman-Z N/A
F-Score5
WACC8.76%
ROIC/WACC1.09
Cap/Depr(3y)213.12%
Cap/Depr(5y)193.02%
Cap/Sales(3y)8.62%
Cap/Sales(5y)7.8%
Profit Quality(3y)55.73%
Profit Quality(5y)53.25%
High Growth Momentum
Growth
EPS 1Y (TTM)-20.57%
EPS 3Y-7.13%
EPS 5Y16.52%
EPS Q2Q%-24.14%
EPS Next Y-8.86%
EPS Next 2Y9.96%
EPS Next 3Y14.21%
EPS Next 5Y23.15%
Revenue 1Y (TTM)-2.61%
Revenue growth 3Y-4.34%
Revenue growth 5Y5.15%
Sales Q2Q%17.51%
Revenue Next Year5.95%
Revenue Next 2Y7.58%
Revenue Next 3Y7.96%
Revenue Next 5Y15.42%
EBIT growth 1Y-17.8%
EBIT growth 3Y-1.68%
EBIT growth 5Y10.96%
EBIT Next Year19.39%
EBIT Next 3Y22.71%
EBIT Next 5Y23.17%
FCF growth 1Y-19.73%
FCF growth 3Y52.5%
FCF growth 5Y-7.71%
OCF growth 1Y-13.73%
OCF growth 3Y16.65%
OCF growth 5Y-0.06%

DEERE & CO / DE FAQ

What is the fundamental rating for DE stock?

ChartMill assigns a fundamental rating of 4 / 10 to DE.


What is the valuation status of DEERE & CO (DE) stock?

ChartMill assigns a valuation rating of 2 / 10 to DEERE & CO (DE). This can be considered as Overvalued.


Can you provide the profitability details for DEERE & CO?

DEERE & CO (DE) has a profitability rating of 7 / 10.


What are the PE and PB ratios of DEERE & CO (DE) stock?

The Price/Earnings (PE) ratio for DEERE & CO (DE) is 32.91 and the Price/Book (PB) ratio is 6.08.


What is the expected EPS growth for DEERE & CO (DE) stock?

The Earnings per Share (EPS) of DEERE & CO (DE) is expected to decline by -8.86% in the next year.