(DE) Deere - Ratings and Ratios
Tractor, Harvester, Sprayer, Loader, Mower, Skidsteer
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.39% |
| Yield on Cost 5y | 2.58% |
| Yield CAGR 5y | 13.53% |
| Payout Consistency | 92.4% |
| Payout Ratio | 35.0% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 23.9% |
| Value at Risk 5%th | 37.1% |
| Relative Tail Risk | -5.56% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.38 |
| Alpha | -2.76 |
| CAGR/Max DD | 0.25 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.203 |
| Beta | 0.742 |
| Beta Downside | 0.759 |
| Drawdowns 3y | |
|---|---|
| Max DD | 21.59% |
| Mean DD | 9.62% |
| Median DD | 9.89% |
Description: DE Deere December 02, 2025
Deere & Company (NYSE: DE) designs, manufactures, and distributes a broad portfolio of equipment across four operating segments: Production & Precision Agriculture, Small Agriculture & Turf, Construction & Forestry, and Financial Services. The Production & Precision Agriculture segment supplies large- and mid-size tractors, combines, cotton pickers, sugarcane harvesters, and a full suite of seeding, tillage, and crop-care machinery, including precision-spraying and nutrient-management solutions. The Small Agriculture & Turf segment focuses on rotary mowers, utility tractors, and turf-care equipment for residential, commercial, and golf-course applications. Construction & Forestry offers a wide range of earth-moving and road-building machines-from backhoe loaders to asphalt pavers-and forestry harvesters. The Financial Services segment provides equipment financing, dealer wholesale loans, extended warranties, and retail revolving credit.
In fiscal 2023 Deere reported revenue of approximately $55 billion, with the Production & Precision Agriculture segment contributing roughly 55 % of total sales and posting an operating margin near 14 %. The company’s cash-flow conversion remained strong at 1.2 × net income, supporting a dividend yield of about 0.5 % and a share-repurchase program that returned $4 billion to shareholders. R&D spending stayed consistent at ~1.5 % of revenue, reflecting continued investment in autonomous-driving and telematics platforms.
Key economic drivers for Deere include global grain-production growth (the USDA projects a 2.5 % YoY increase in U.S. corn output in 2024), rising demand for precision-ag technologies that boost yield per acre, and U.S. infrastructure legislation that is expected to lift construction equipment sales by 3-5 % annually through 2026. Conversely, dealer inventory levels and commodity-price volatility introduce downside risk to equipment orders, especially in the small-tractor and turf markets.
For a data-driven deep-dive into DE’s valuation metrics and scenario analysis, consider exploring the ValueRay platform.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income (5.03b TTM) > 0 and > 6% of Revenue (6% = 2.68b TTM) |
| FCFTA 0.03 (>2.0%) and ΔFCFTA -1.08pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 95.04% (prev 81.67%; Δ 13.37pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 7.46b > Net Income 5.03b (YES >=105%, WARN >=100%) |
| Net Debt (55.66b) to EBITDA (11.65b) ratio: 4.78 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.31 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (271.1m) change vs 12m ago -0.91% (target <= -2.0% for YES) |
| Gross Margin 36.48% (prev 38.59%; Δ -2.11pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 41.88% (prev 47.07%; Δ -5.20pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.97 (EBITDA TTM 11.65b / Interest Expense TTM 3.17b) >= 6 (WARN >= 3) |
Altman Z'' 5.87
| (A) 0.40 = (Total Current Assets 74.90b - Total Current Liabilities 32.45b) / Total Assets 106.00b |
| (B) 0.56 = Retained Earnings (Balance) 59.68b / Total Assets 106.00b |
| (C) 0.09 = EBIT TTM 9.43b / Avg Total Assets 106.66b |
| (D) 0.78 = Book Value of Equity 62.31b / Total Liabilities 79.99b |
| Total Rating: 5.87 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 49.91
| 1. Piotroski 3.50pt |
| 2. FCF Yield 1.77% |
| 3. FCF Margin 7.23% |
| 4. Debt/Equity 2.46 |
| 5. Debt/Ebitda 4.78 |
| 6. ROIC - WACC (= 1.70)% |
| 7. RoE 20.54% |
| 8. Rev. Trend -23.88% |
| 9. EPS Trend -17.83% |
What is the price of DE shares?
Over the past week, the price has changed by -0.06%, over one month by -0.20%, over three months by +2.17% and over the past year by +11.39%.
Is DE a buy, sell or hold?
- Strong Buy: 5
- Buy: 5
- Hold: 14
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the DE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 526.9 | 13.2% |
| Analysts Target Price | 526.9 | 13.2% |
| ValueRay Target Price | 490.5 | 5.4% |
DE Fundamental Data Overview December 27, 2025
P/E Trailing = 25.2534
P/E Forward = 27.933
P/S = 2.7706
P/B = 4.8716
P/EG = 1.4825
Beta = 1.007
Revenue TTM = 44.66b USD
EBIT TTM = 9.43b USD
EBITDA TTM = 11.65b USD
Long Term Debt = 43.54b USD (from longTermDebt, last quarter)
Short Term Debt = 20.71b USD (from shortTermDebt, last quarter)
Debt = 63.94b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 55.66b USD (from netDebt column, last quarter)
Enterprise Value = 182.08b USD (126.42b + Debt 63.94b - CCE 8.28b)
Interest Coverage Ratio = 2.97 (Ebit TTM 9.43b / Interest Expense TTM 3.17b)
FCF Yield = 1.77% (FCF TTM 3.23b / Enterprise Value 182.08b)
FCF Margin = 7.23% (FCF TTM 3.23b / Revenue TTM 44.66b)
Net Margin = 11.26% (Net Income TTM 5.03b / Revenue TTM 44.66b)
Gross Margin = 36.48% ((Revenue TTM 44.66b - Cost of Revenue TTM 28.37b) / Revenue TTM)
Gross Margin QoQ = 32.57% (prev 35.75%)
Tobins Q-Ratio = 1.72 (Enterprise Value 182.08b / Total Assets 106.00b)
Interest Expense / Debt = 1.19% (Interest Expense 762.0m / Debt 63.94b)
Taxrate = 25.61% (365.0m / 1.43b)
NOPAT = 7.01b (EBIT 9.43b * (1 - 25.61%))
Current Ratio = 2.31 (Total Current Assets 74.90b / Total Current Liabilities 32.45b)
Debt / Equity = 2.46 (Debt 63.94b / totalStockholderEquity, last quarter 25.95b)
Debt / EBITDA = 4.78 (Net Debt 55.66b / EBITDA 11.65b)
Debt / FCF = 17.23 (Net Debt 55.66b / FCF TTM 3.23b)
Total Stockholder Equity = 24.47b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.74% (Net Income 5.03b / Total Assets 106.00b)
RoE = 20.54% (Net Income TTM 5.03b / Total Stockholder Equity 24.47b)
RoCE = 13.86% (EBIT 9.43b / Capital Employed (Equity 24.47b + L.T.Debt 43.54b))
RoIC = 7.81% (NOPAT 7.01b / Invested Capital 89.76b)
WACC = 6.11% (E(126.42b)/V(190.35b) * Re(8.75%) + D(63.94b)/V(190.35b) * Rd(1.19%) * (1-Tc(0.26)))
Discount Rate = 8.75% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.79%
[DCF Debug] Terminal Value 79.18% ; FCFE base≈3.71b ; Y1≈4.58b ; Y5≈7.81b
Fair Price DCF = 429.5 (DCF Value 116.15b / Shares Outstanding 270.4m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -17.83 | EPS CAGR: 8.24% | SUE: 0.30 | # QB: 0
Revenue Correlation: -23.88 | Revenue CAGR: 7.16% | SUE: 2.16 | # QB: 1
EPS next Quarter (2026-04-30): EPS=5.59 | Chg30d=-0.918 | Revisions Net=-10 | Analysts=17
EPS current Year (2026-10-31): EPS=16.66 | Chg30d=-3.504 | Revisions Net=-20 | Growth EPS=-9.9% | Growth Revenue=+2.2%
EPS next Year (2027-10-31): EPS=22.72 | Chg30d=-3.055 | Revisions Net=-11 | Growth EPS=+36.3% | Growth Revenue=+9.5%
Additional Sources for DE Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle