Deere & Co (DE)
Industrials · Agricultural & Farm Machinery · US stock · S&P 500 component
$641.86
▼ -8.81 (1.35%)
Fair valueFair
$592 −7.8% to fair value
$296fair band $414–$769$888
Day's range
$636.49 – $655.15
52-week range
$440.52 – $719.50
About Deere & Co
Deere makes agricultural machinery, turf equipment and construction and forestry equipment under the John Deere name. Farmers, contractors, landscapers and forestry companies use its tractors, combines, sprayers, excavators and mowers, mostly bought through a network of independent dealers. The company also develops precision agriculture technology and offers financing to customers and dealers through its financial services arm.
Deere earns revenue from equipment shipments, parts and services, and its financial services business. Sales for the last twelve months came to $48.0 billion, though revenue growth over the last three years was -4.6% a year, a decline. The operating margin is 19.5%, and the business earns a profit of 19% on the capital invested in it. It has net debt of 0.7 times EBITDA. A dividend is paid, with a yield of 1.0%. On the site's X-Ray Score it receives 44 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $440.52 – $719.50Volume 1,201,787Daily, split-adjusted
Vitals
Market cap$173.8B
52-week range$440.52 – $719.50
Volume (last day)1,201,787
P/E (TTM)35.7
EBIT / EV yield5.1%
Free-cash-flow yield3.5%
Dividend yield1.0%
Revenue (TTM)$48.0B
Net income (TTM)$4.9B
Operating margin19.5%
Return on capital19.2%
Debt incl. leases$17.5B
Cash & securities$8.9B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$592model spread $559 – $635
Fair
−7.8% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $642
Undervalued < $414Fair $414 – $769Overvalued > $769
10-year DCF (market-scaled)
$636
Peer multiples
$568
Earnings power floor (not blended)
$259
Fundamentals-adjusted multiple
$571
Growth the price implies
15.0%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Weak
46/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield5.1%
Free-cash-flow yield3.5%
Fair value vs price0.9×
Growth
Weak
21/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-4.6%
EPS growth (3y)-7.4%
Growth consistency40%
Profitability
Fair
56/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital19.2%
Operating margin19.5%
Financial health
Weak
42/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA0.7×
Interest cover3.2×
Dividends
Fair
55/100
Dividend is typical for its sector.
See the numbers →
Dividend yield1.0%
Dividends vs free cash flow29%
Dividend growth9.4%
Quarterly results: last 6 quarters
-16.2%
Apr '25
-8.6%
Jul '25
+11.2%
Nov '25
+13.0%
Feb '26
+4.7%
May '26
+4.9%
Aug '26
Revenue against the same quarter a year earlier. Latest quarter revenue $12.6B, diluted EPS $5.10.
Fundamentals checklist
● 1 Good · ● 7 Average · ● 5 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldBad
Risk models
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Average
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Net debt / EBITDAGood
Interest coverBad
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalAverage
Operating marginAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 44/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $44.0B | $52.6B | $61.3B | $51.7B | $45.7B |
| Operating income | $8.0B | $9.5B | $13.0B | $9.0B | $9.4B |
| Net income | $6.0B | $7.1B | $10.2B | $7.1B | $5.0B |
| Operating cash flow | $7.7B | $4.7B | $8.6B | $9.2B | $7.5B |
| Operating margin | 18.2% | 18.1% | 21.2% | 17.5% | 20.6% |
| Free cash flow | $6.9B | $3.6B | $7.1B | $7.6B | $6.1B |
| Diluted EPS | $18.99 | $23.28 | $34.63 | $25.62 | $18.50 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
4 bullish · 4 neutral · 8 bearish
Weekly
Strongly bullish
9 bullish · 1 neutral · 2 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 652.1 | Bearish |
| EMA 10 | 652.2 | Bearish |
| SMA 20 | 669.4 | Bearish |
| EMA 20 | 659.6 | Bearish |
| SMA 50 | 655.4 | Bearish |
| EMA 50 | 652.8 | Bearish |
| SMA 100 | 624.1 | Bullish |
| EMA 100 | 631.0 | Bullish |
| SMA 200 | 594.1 | Bullish |
| EMA 200 | 595.9 | Bullish |
Oscillators (daily)
| RSI (14) | 42.69 | Neutral |
| MACD (12, 26) | -5.92 | Bearish |
| Momentum (12) | -4.42 | Bearish |
| Stochastic %K (14) | 31.89 | Neutral |
| Williams %R (14) | -68.11 | Neutral |
| CCI (20) | -81.27 | Neutral |
Pivot points (classic, last session)
S3 615.2 | S2 625.8 | S1 633.9 | Pivot 644.5 | R1 652.5 | R2 663.2 | R3 671.2 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
6.48 USD
Yield on today's price
1.01%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 30 Sep 2026 | 1.6200 |
| 30 Jun 2026 | 1.6200 |
| 31 Mar 2026 | 1.6200 |
| 31 Dec 2025 | 1.6200 |
| 30 Sep 2025 | 1.6200 |
| 30 Jun 2025 | 1.6200 |
| 31 Mar 2025 | 1.6200 |
| 31 Dec 2024 | 1.6200 |
| 30 Sep 2024 | 1.4700 |
| 28 Jun 2024 | 1.4700 |
| 27 Mar 2024 | 1.4700 |
| 28 Dec 2023 | 1.4700 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
DE SEC filings
27 Aug 2026
10-QSEC EDGAR
Quarterly report
20 Aug 2026
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
15 Jul 2026
8-KSEC EDGAR
Other events
1 Jun 2026
8-KSEC EDGAR
Director or officer change
28 May 2026
10-QSEC EDGAR
Quarterly report
21 May 2026
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
1 May 2026
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
16 Mar 2026
8-KSEC EDGAR
Director or officer change
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.