Valuation dashboard for Deere & Company (DE) with P/E 37.53, P/B 6.51, EV/EBITDA 20.3 and dividend yield 0.96%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Industrials companies.
Deere & Company is a global manufacturer and distributor of a wide range of equipment. The company's operations are organized into four primary business segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services.
What would it be worth at its usual multiples?
Versus its usual multiples: expensive · It trades at 37.5 times its last-12-month earnings and at 42.3 times its average earnings over ten years; above 25, the limit we take for the defensive investor. It is expensive.
It trades at 37.5 times its last-12-month earnings and at 42.3 times its average earnings over ten years; above 25, the limit we take for the defensive investor. It is expensive.
These are its average accounting earnings over its last ten years, losses included.
Analysis Summary
Deere & Company reported revenue of $44.66B in the most recent fiscal year, growing at a 5-year CAGR of 5.2%. Net income reached $5.03B, with a 12.8% 5-year CAGR.
Trailing-twelve-month margins: gross margin 35.7%, operating margin 19.0%, net margin 10.2%.
At $675.48 (closing price, October 30, 2026), DE trades at a P/E of 37.53 and an ROE of 18.11%. Market capitalisation stands at $182.1B, placing it among large-cap names.
Balance sheet quality for DE: debt-to-equity ratio of 2.29, current ratio of 0.77 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 37.53 |
| Price / Book | 6.51 |
| EV / EBITDA | 20.3 |
| Dividend Yield | 0.96% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| DE | Deere & Company | $182.1B | 37.53 | 6.51 | 18.1% |
| CAT | Caterpillar Inc. | $286.3B | 24.43 | 13.31 | 58.5% |
| CNH | CNH Industrial N.V. | $14.6B | 47.34 | 1.88 | 4.0% |
| 0R2P.L | Deere & Company | $173.7B | 35.82 | 6.23 | 18.1% |
| SPCX | Space Exploration Technologies Corp. | $1.9T | 9.10 | -2.9% | |
| RICO.L | Ricoh Company, Ltd. | JPY 1.0T | 12.52 | 0.88 | 7.3% |
| GE | GE Aerospace | $313.1B | 34.87 | 17.83 | 50.6% |
| 0YSU.L | Epiroc AB (publ) | SEK 296.9B | 34.30 | 6.80 | 20.4% |
Price
| Price | $675.48 (closing price, October 30, 2026) |
| Market Cap | $182.1B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 18.11% |
| Return on Invested Capital | 22.11% |
| Return on Assets | 4.53% |
| Gross Margin | 35.74% |
| Operating Margin | 18.97% |
| Net Margin | 10.22% |
Related companies: CAT · CNH · 0R2P.L · SPCX · RICO.L · GE · 0YSU.L · RTX
Explore sector: Industrials · Agricultural - Machinery
More sections of DE: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks