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DE

S&P 500
Weak · 37/100

Deere & Company

Industrials
Agricultural & Farm Machinery

$598.59

1.6%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 12.2% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$159.06B

P/E

33.4x

Forward P/E (est.)

39.12x

ROE

18.3%

Revenue Growth

4.0%

EPS Growth

-14.6%

Profit Margin

10.1%

FCF Yield

7.1%

Debt / Equity

2.46x

ROIC

12.0%

Interest Coverage

2.85x

Current Ratio

Dividend Yield

1.1%

Implied Growth (rev. DCF)

5.0%

Rating Score

37/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what DE's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. DE trades near $598.59, above its 50-day average ($574.58) and 200-day average ($526.80). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 70 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. DE's is $18.19 (~3.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month DE found buyers near $515.15 (support) and sellers near $604.51 (resistance); its 52-week range is $433.00–$674.19. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.9× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Deere & Company (DE) is a large-cap company in the Agricultural & Farm Machinery industry, part of the Industrials sector of the S&P 500, with a market value around $159.06B.

In its latest reported year it generated about $45.68B in revenue and $5.03B in net profit.

Our model rates DE Weak (37/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

0.9%

Revenue moved from $44.02B in 2021 to $45.68B in 2025, a 0.9% compound annual growth rate. The most recent year was roughly flat (4.0%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

36.6%

Operating Margin

19.3%

Net Margin

11.0%

ROE

18.3%

Deere & Company keeps about 10.1% of each sales dollar as net profit, with a 36.6% gross margin and 19.3% operating margin. Return on equity is 18.3% and return on invested capital about 12.0%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research

Total Debt

$32.45B

Net Debt

$24.54B

Net Debt / EBITDA

Debt / Equity

2.46x

Leverage: debt-to-equity is 2.5x, and operating profit covers interest about 2.9x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $32.45B of total debt against $7.91B of cash.

Cash Flow Analysis
Research

Operating CF

$7.46B

Free Cash Flow

$6.10B

FCF Margin

13.4%

In the latest year Deere & Company produced about $7.46B of operating cash flow and $6.10B of free cash flow after capital spending. That is a free-cash-flow yield of about 7.1% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

33.4x

P/S

3.47x

P/B

4.84x

EV / EBITDA

16.2x

DE trades at 33.4x trailing earnings (about 39.1x on estimated forward earnings), 3.5x sales, and 4.8x book value. Reverse-engineering today's price implies the market expects roughly 5.0% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
33.4xExpensive
Forward P/E
39.1xExpensive
P/S ratio
3.5xExpensive
Revenue growth
4.0%Weak
EPS growth
-14.6%Weak
Gross margin
36.6%Weak
Net margin
10.1%Strong
ROE
18.3%Strong

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How DE stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

In the Industrials sector (80 S&P 500 companies), DE ranks #70 of 80 by our overall rating. It trades at roughly in line versus the sector on earnings (33.4x P/E vs. 30x median) with a lower return on equity (18.3% vs. 24.7%) and slower revenue growth (4.0% vs. 5.0%).

P/E vs sector

33.4x

median 30x

ROE vs sector

18.3%

median 24.7%

Growth vs sector

4.0%

median 5.0%

Sector rank

#70

of 80 by rating

CompanyP/ERev Gr.Rating
DEThis stock33.4x4.0%Weak· 37
UNP20.5x1.9%Favorable· 63
ETN41.5x-15.1%Weak· 38
UBER16.1x18.3%Favorable· 62
HON31.9x3.6%Weak· 39
BA77.1x32.8%Weak· 38
PH34.5x6.0%Neutral· 52
LMT24.6x4.6%Neutral· 45
Industrials median30x5.0%52/100

Valuation vs. quality map

sector medianUNPETNUBERHONBAPHLMTDEP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$452.99$747.44

vs. $598.59 today · expected CAGR -5%5%

Metric20262027202820292030
Revenue$47.51B$49.41B$51.39B$53.44B$55.58B
Net income$5.23B$5.44B$5.65B$5.88B$6.11B
EPS$19.36$20.14$20.94$21.78$22.65
Share price (low)$387.22$402.71$418.82$435.57$452.99
Share price (high)$638.91$664.47$691.05$718.69$747.44
CAGR (low–high)-35% / 7%-18% / 5%-11% / 5%-8% / 5%-5% / 5%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for DE:

  • Strong return on equity (18.3%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~7.1%) funds buybacks and dividends.
Bear Case

The case against DE:

  • Elevated leverage (debt/equity 2.5x) adds financial risk.
  • Interest coverage is thin (2.9x), so debt costs bite.
  • Our model's overall read is Weak (37/100).
Key Risks
Research

Valuation risk — at 33.4x earnings, disappointing results could compress the multiple.

Balance-sheet risk — debt/equity of 2.5x magnifies the impact of higher rates or weaker earnings.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen weakly: Deere & Company is a large-cap industrials business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 33.4x earnings, which our model scores Weak (37/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.