DE Stock Analysis: Deere | NYSE
Farm & Heavy Construction Machinery | NYSE, USA | Market Cap: 186.166m USD | 12M Return: 50.5% | US2441991054 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 854M
EPS Trend: -96.2%
Qual. Beats: 0
Rev. Trend: -82.5%
Qual. Beats: 4
Warnings
Tailwinds
Seasonality 11.7 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) is a U.S.-based global manufacturer of agricultural, turf, construction, and forestry equipment, organized into four reporting segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment supplies large tractors, combines, sprayers, and tillage and seeding equipment, while the Small Agriculture and Turf segment serves dairy, livestock, specialty crop, and residential/commercial turf customers with compact tractors, mowers, hay tools, and utility vehicles. The Construction and Forestry segment produces earthmoving, roadbuilding, and logging equipment, and the Financial Services segment provides dealer and retail financing, leases, and extended warranties for the companys equipment. Deere also maintains a strategic partnership with Tarter USA to develop and produce flex wing rotary cutters. Founded in 1837 and headquartered in Moline, Illinois, the company trades on the NYSE and is classified within the Industrials sector as a large-cap Agricultural & Farm Machinery manufacturer.
Like most heavy-equipment manufacturers, Deeres results are cyclical and closely tied to farmer income, crop prices, and construction activity, which drive demand for new machinery. A distinguishing feature of its business model is the captive finance arm, which is common in the capital-equipment industry and supports equipment sales by offering loans, leases, and dealer floor financing directly to customers and dealers.
- Crop prices and farm income drive equipment demand
- Precision agriculture technology expands margins and pricing power
- US infrastructure spending boosts construction equipment orders
| Net Income: 4.87b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -0.21 > 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 (54.3b) to EBITDA (11.4b): 4.76 < 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: 0.58 (Retained Earnings 62.2b / 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'' = 2.29 = 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 October 03, 2026, the stock is trading at USD 687.00 with a total of 1,071,112 shares traded. Over the past week, the price has changed by -0.26%, over one month by -1.39%, over three months by +10.84% and over the past year by +50.46%.
Current recommended Stop Loss: 653.30 (which is 4.9% or 1.9 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 | 690.5 | 0.5% |
P/E Trailing = 38.3589
P/E Forward = 29.3255
P/S = 3.8844
P/B = 6.6046
P/EG = 1.5909
Revenue TTM = 47.7b USD
EBIT TTM = 9.05b USD
EBITDA TTM = 11.4b USD
Long Term Debt = 40.6b USD (from longTermDebt, last quarter)
Short Term Debt = 23.6b USD (from shortTermDebt, last quarter)
Debt = 64.6b USD (from shortLongTermDebtTotal, last quarter) + Leases 387.0m
Net Debt = 54.3b USD (calculated: Debt 64.6b - CCE 10.3b)
Enterprise Value = 240b USD (186b + Debt 64.6b - CCE 10.3b)
Interest Coverage Ratio = 3.12 (Ebit TTM 9.05b / Interest Expense TTM 2.90b)
EV/FCF = 62.18x (Enterprise Value 240b / FCF TTM 3.87b)
FCF Yield = 1.61% (FCF TTM 3.87b / Enterprise Value 240b)
FCF Margin = 8.11% (FCF TTM 3.87b / 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 = 2.23 (Enterprise Value 240b / Total Assets 108b)
Interest Expense / Debt = 4.50% (Interest Expense 2.90b / Debt 64.6b)
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 = 2.31 (Debt 64.6b / totalStockholderEquity, last quarter 28.0b)
Debt / EBITDA = 4.76 (Net Debt 54.3b / EBITDA 11.4b)
Debt / FCF = 14.04 (Net Debt 54.3b / FCF TTM 3.87b)
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 = 13.40% (EBIT 9.05b / Capital Employed (Equity 26.9b + L.T.Debt 40.6b))
RoIC = 7.39% (NOPAT 6.79b / Invested Capital 91.9b)
WACC = 6.87% (E(186b)/V(251b) * Re(8.08%) + D(64.6b)/V(251b) * Rd(4.50%) * (1-Tc(0.25)))
Discount Rate = 8.08% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -88.26 | Cagr: -1.16%
[DCF] Terminal Value 74.63% ; FCFF base≈3.96b ; Y1≈3.79b ; Y5≈3.64b
[DCF] Fair Price = 10.74 (EV 57.2b - Net Debt 54.3b = Equity 2.90b / Shares 269.6m; r=8.35% [WACC [floored]]; 5y FCF grow -5.71% → 2.50% )
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=3.30 | Chg30d=-0.50% | Revisions=-25% | Analysts=13
EPS current Year (2026-10-31): EPS=18.13 | Chg30d=-0.01% | Revisions=+15% | GrowthEPS=-2.0% | GrowthRev=+5.7%
EPS next Year (2027-10-31): EPS=22.83 | Chg30d=+1.66% | Revisions=-5% | GrowthEPS=+25.9% | GrowthRev=+8.7%
[Analyst] Revisions Ratio: -2% (up=21, down=22)