DE Stock Analysis: Deere | NYSE
Farm & Heavy Construction Machinery | NYSE, USA | Market Cap: 168.079m USD | 12M Return: 47.9% | US2441991054 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 756M
EPS Trend: -96.2%
Qual. Beats: 0
Rev. Trend: -82.5%
Qual. Beats: 4
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Deere & Company (NYSE: DE), founded in 1837 and headquartered in Moline, Illinois, is a global manufacturer and distributor of equipment operating through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. Its equipment portfolio spans row-crop tractors, harvesters, sprayers, tillage and seeding tools, turf and compact utility equipment, as well as a broad range of construction and forestry machinery such as excavators, dozers, loaders, pavers, and log harvesters. The Financial Services segment supports equipment sales through retail and lease financing for end users, wholesale financing for dealers, and extended equipment warranties, reflecting a common business model in the farm and heavy-equipment industry where captive finance arms help stabilize demand through cyclical markets. Deere also holds a strategic partnership with Tarter USA to develop and produce flex wing rotary cutters, further extending its reach into the agricultural and turf-care customer base.
- Farm commodity prices fall, pressuring equipment demand
- Precision agriculture adoption accelerates margin expansion
- Infrastructure spending lifts construction equipment orders
| Net Income: 4.87b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.80 > 1.0 |
| NWC/Revenue: -18.04% < 20% (prev 102.7%; Δ -120.8% < -1%) |
| CFO/TA 0.07 > 3% & CFO 7.25b > Net Income 4.87b |
| Net Debt (53.9b) to EBITDA (11.3b): 4.78 < 3 |
| Current Ratio: 0.77 > 1.5 & < 3 |
| Outstanding Shares: last quarter (270.7m) vs 12m ago -0.26% < -2% |
| Gross Margin: 35.74% > 18% (prev 37.71%; Δ -1.96% > 0.5%) |
| Asset Turnover: 44.27% > 50% (prev 40.25%; Δ 4.02% > 0%) |
| Interest Coverage Ratio: 3.12 > 6 (EBIT TTM 9.05b / Interest Expense TTM 2.90b) |
| A: -0.08 (Total Current Assets 28.3b - Total Current Liabilities 36.9b) / Total Assets 108b |
| B: 0.55 (Retained Earnings 59.7b / Total Assets 108b) |
| C: 0.08 (EBIT TTM 9.05b / Avg Total Assets 108b) |
| D: 0.35 (Book Value of Equity 28.0b / Total Liabilities 79.6b) |
| Altman-Z'' = 2.22 = BBB |
| DSRI: 0.15 (Receivables 10.2b/60.8b, Revenue 47.7b/43.4b) |
| GMI: 1.05 (GM 37.71% / 35.74%) |
| AQI: 5.07 (AQ_t 0.66 / AQ_t-1 0.13) |
| SGI: 1.10 (Revenue 47.7b / 43.4b) |
| TATA: -0.02 (NI 4.87b - CFO 7.25b) / TA 108b) |
| Beneish M = -1.19 (Cap -4..+1) = D |
As of September 05, 2026, the stock is trading at USD 693.53 with a total of 1,053,589 shares traded. Over the past week, the price has changed by +10.03%, over one month by +12.34%, over three months by +17.50% and over the past year by +47.87%.
Current recommended Stop Loss: 668.70 (which is 3.6% or 1.2 ATR below the current price).
Deere has received a consensus analysts rating of 3.63. Therefore, it is recommended to hold DE.
- StrongBuy: 5
- Buy: 5
- Hold: 14
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 665.4 | -4.1% |
P/E Trailing = 35.2183
P/E Forward = 27.1739
P/S = 3.5092
P/B = 6.1195
P/EG = 1.4724
Revenue TTM = 47.7b USD
EBIT TTM = 9.05b USD
EBITDA TTM = 11.3b USD
Long Term Debt = 43.5b USD (from longTermDebt, last fiscal year)
Short Term Debt = 23.2b USD (from shortTermDebt, last quarter)
Debt = 64.2b USD (from shortLongTermDebtTotal, last quarter) + Leases 381.0m
Net Debt = 53.9b USD (calculated: Debt 64.2b - CCE 10.3b)
Enterprise Value = 222b USD (168b + Debt 64.2b - CCE 10.3b)
Interest Coverage Ratio = 3.12 (Ebit TTM 9.05b / Interest Expense TTM 2.90b)
EV/FCF = 68.76x (Enterprise Value 222b / FCF TTM 3.23b)
FCF Yield = 1.45% (FCF TTM 3.23b / Enterprise Value 222b)
FCF Margin = 6.77% (FCF TTM 3.23b / Revenue TTM 47.7b)
Net Margin = 10.22% (Net Income TTM 4.87b / Revenue TTM 47.7b)
Gross Margin = 35.74% ((Revenue TTM 47.7b - Cost of Revenue TTM 30.6b) / Revenue TTM)
Gross Margin QoQ = 37.03% (prev 38.17%)
Tobins Q-Ratio = 2.06 (Enterprise Value 222b / Total Assets 108b)
Interest Expense / Debt = 4.52% (Interest Expense 2.90b / Debt 64.2b)
Taxrate = 24.95% (1.61b / 6.45b)
NOPAT = 6.79b (EBIT 9.05b * (1 - 24.95%))
Current Ratio = 0.77 (Total Current Assets 28.3b / Total Current Liabilities 36.9b)
Debt / Equity = 2.29 (Debt 64.2b / totalStockholderEquity, last quarter 28.0b)
Debt / EBITDA = 4.78 (Net Debt 53.9b / EBITDA 11.3b)
Debt / FCF = 16.70 (Net Debt 53.9b / FCF TTM 3.23b)
Total Stockholder Equity = 26.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.52% (Net Income 4.87b / Total Assets 108b)
RoE = 18.11% (Net Income TTM 4.87b / Total Stockholder Equity 26.9b)
RoCE = 12.84% (EBIT 9.05b / Capital Employed (Equity 26.9b + L.T.Debt 43.5b))
RoIC = 7.42% (NOPAT 6.79b / Invested Capital 91.6b)
WACC = 6.63% (E(168b)/V(232b) * Re(7.86%) + D(64.2b)/V(232b) * Rd(4.52%) * (1-Tc(0.25)))
Discount Rate = 7.86% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -88.26 | Cagr: -1.16%
[DCF] Terminal Value 73.10% ; FCFF base≈3.58b ; Y1≈3.14b ; Y5≈2.53b
[DCF] Fair Price = N/A (negative equity: EV 40.7b - Net Debt 53.9b = -13.2b; debt exceeds intrinsic value)
EPS Correlation: -96.24 | EPS CAGR: -25.62% | SUE: 0.80 | # QB: 0
Revenue Correlation: -82.49 | Revenue CAGR: -10.40% | SUE: 0.86 | # QB: 4
EPS current Quarter (2027-01-31): EPS=3.28 | Chg30d=-1.06% | Revisions=+25% | Analysts=12
EPS current Year (2026-10-31): EPS=18.13 | Chg30d=-0.02% | Revisions=+29% | GrowthEPS=-2.0% | GrowthRev=+5.7%
EPS next Year (2027-10-31): EPS=22.45 | Chg30d=-1.21% | Revisions=-22% | GrowthEPS=+23.9% | GrowthRev=+8.3%
[Analyst] Revisions Ratio: +7% (up=6, down=5)