DE logo
Deere & Company
DE
461.63 (-0.81%) 3.75
124.79(B)
Industrials
Machinery
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture Small Agriculture and Turf Construction and Forestry and Financial Services. The Production and Precision Agriculture segment provides large and mid-size tractors combines cotton pickers and strippers sugarcane harvesters and loaders soil preparation tillage seeding and crop care equipment as well as application equipment including sprayers and nutrient management soil preparation machinery for grain growers and related attachments and service parts. The Small Agriculture and Turf segment offers rotary mowers hay and forage equipment forage harvesters utility tractors and related loaders and attachments; turf and utility equipment including riding lawn commercial mowing and golf course equipment and utility vehicles; and other outdoor power products as well as implements for mowing tilling snow and debris handling aerating residential commercial golf and sports turf care applications. The Construction and Forestry segment provides backhoe loaders crawler dozers and loaders four-wheel-drive loaders track loaders excavators motor graders articulated dump trucks landscape and skid-steer loaders scraper systems milling machines recyclers slipform and asphalt pavers surface miners compactors tandem static rollers mobile crushers and screens mobile and stationary asphalt plants log skidders and harvesters log feller bunchers and log loaders and forwarders; and road building and rehabilitation equipment. The Financial Services segment finances sales and leases agriculture and turf and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties as well as finances retail revolving charge accounts. The company was founded in 1837 and is headquartered in Moline Illinois.

My Quality Checklist

5Y Shares Out Change < 0%
ROIC > 10%
Debt/Equity < 1
Current Ratio > 1
Quick Ratio > 1
Net Margin > 10%
Past Net Income CAGR > 0%
Est. EPS Growth > 5%
0.0%of Portfolio

My holdings

Day change:
Total change:
Shares:
Cost basis:
Compare
Market cap:$124.79(B)
EV:$185.27(B)
Total Equity:$25.26(B)
Div. yield:1.37%
Earnings date:Aug-14-2025
P/E:24.07
P/E (fwd):25.06
P/FCF:30.43
P/S:2.83
P/B:4.96
EPS:$19.2
EPS (fwd):$18.4
FCF/share:$15.2
Book value/share:$93.1
Dividend/share:$6.3
ROIC:5.8%
ROA:4.8%
ROE:21.6%
Gross margin:27.4%
Net margin:11.8%

DE Valuation & Price Targets

Current Price
$462
Day change: -0.81%
PEvaluation
N/A
N/A
Analyst targets
N/A
N/A
DCF (2-stage)
N/A
N/A
DCF (simple)
N/A
N/A
DCF (exit mult.)
N/A
N/A
EPS growth
N/A
N/A
Revenue growth
N/A
N/A
Peter Lynch FV
N/A
N/A
Graham No.
N/A
N/A
DDM
N/A
N/A

PEvaluation

45% overvalued
Low
$189
Mid
$253
High
$316
Current price
$462
Fair P/E
Margin of safety
EPS
Market Model
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: None/narrow

EPS Estimates

LowAvgHigh#
FY+117.918.418.921
FY+217.920.528.221
FY+321.625.837.013
FY+424.132.143.63
FY+549.049.049.01

Analyst Price Targets

11% undervalued
Low
$440
Mid
$514
High
$724
Current price
$462

Analyst Recommendations

Strong Buy6
Buy7
Hold11
Sell0
Strong Sell0

2-stage DCF

First Stage Duration
Starting Free Cash Flow
First Stage Growth Rate
LowMidHigh
Terminal Growth Rate
LowMidHigh
Discount Rate

Discounted Cash Flow

Forecast years
Terminal Growth Rate
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years
Exit FCF Multiple
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

EPS Growth

Forecast years
Starting EPS
EPS Growth Rate
LowMidHigh
Final P/E
LowMidHigh
Discount Rate

Revenue Growth Valuation

Forecast Years
Base Revenue
Revenue Growth Rate
LowMidHigh
Final Net Margin
LowMidHigh
Final P/E Ratio
LowMidHigh
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Government Bond Rate

Dividend Discount Model

Annual Dividend
First Stage Length (Years)
First Stage Growth Rate
Final Growth Rate
Discount Rate

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$44.25(B)
Gross profit$12.13(B)
EBITDA$8.45(B)
Net income$5.21(B)
Gross margin27.4%
Operating margin20.0%
Net margin11.8%
Shares outstanding:270.33(M)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$107.82(B)
Current assets$79.14(B)
Total liabilities$82.55(B)
Current liabilities$35.51(B)
Cash & Short-term inv.$7.23(B)
Long-term debt$8.72(B)
Total intangibles$5.13(B)
PP&E$7.68(B)

Cash flow (TTM)

CFOCFICFF
FCF$4.10(B)
CapEx$-4.46(B)
Dividends paid$-1.69(B)
Stock issued$0
Stock repurchased$-1.92(B)
Stock-based comp.$153.00(M)
Debt issued$13.29(B)
Debt repaid$-13.11(B)

Per share data (TTM)

Price: $462
Revenue: $163 (2.8x | 35.3%) Gross profit: $44.9 (10.3x | 9.7%) Earnings: $19.2 (24.1x | 4.2%)
FCF: $15.2 (30.4x | 3.3%) Stock-based Comp.: $0.57 (815.6x | 0.1%) CapEx.: $16.5 (28.0x | 3.6%) Dividend: $6.33 (72.9x | 1.4%)
Total Assets: $399 (1.2x | 86.4%) Total Liabilities: $305 (1.5x | 66.2%) Book Value: $93.1 (5.0x | 20.2%) Cash & ST inv.: $26.7 (17.3x | 5.8%) Debt: $32.2 (14.3x | 7.0%)
Earnings FY+1: $18.4 (25.1x | 4.0%) Earnings FY+2: $20.5 (22.6x | 4.4%) Earnings FY+3: $25.8 (17.9x | 5.6%) Earnings FY+4: $32.1 (14.4x | 7.0%) Earnings FY+5: $49.0 (9.4x | 10.6%)
FCF FY+1: $13.3 (34.6x | 2.9%) FCF FY+2: $21.2 (21.8x | 4.6%) FCF FY+3: $23.7 (19.5x | 5.1%) FCF FY+4: $28.4 (16.3x | 6.2%) FCF FY+5: $44.5 (10.4x | 9.6%)

Growth Estimates

Revenue

CAGR: 5.7%
FY+1FY+2FY+3FY+4
FY+1$38.22(B)
FY+2(+4.2%)$39.82(B)
FY+3(+8.2%)$43.09(B)
FY+4(+4.8%)$45.18(B)

Net Income

CAGR: 25.2%
FY+1FY+2FY+3FY+4FY+5
FY+1$4.99(B)
FY+2(+9.3%)$5.46(B)
FY+3(+23.9%)$6.77(B)
FY+4(+21.4%)$8.21(B)
FY+5(+49.6%)$12.29(B)

EPS

CAGR: 27.7%
FY+1FY+2FY+3FY+4FY+5
FY+1$18.42
FY+2(+11.1%)$20.47
FY+3(+25.9%)$25.77
FY+4(+24.6%)$32.11
FY+5(+52.7%)$49.02

FCF per share

CAGR: 35.2%
FY+1FY+2FY+3FY+4FY+5
FY+1$13.34
FY+2(+59.0%)$21.21
FY+3(+11.6%)$23.67
FY+4(+20.0%)$28.40
FY+5(+56.8%)$44.52

Historical Financials

Showing limited histrical data.
TTM (Y)TTM (Q)FYFQ
Income(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.010.0(B)20.0(B)30.0(B)40.0(B)50.0(B)60.0(B)
Revenue Operating Income Net IncomeCOGSGross ProfitTotal OpEx.R&DSG&AInterest ExpenseInterest IncomePre-tax incomeIncome tax
Cash flow(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.02.0(B)4.0(B)6.0(B)
Stock-based Comp. FCFCFONet IncomeD&ACFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.020.0(B)40.0(B)60.0(B)80.0(B)100.0(B)
Total Assets Total LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesShort-Term DebtAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.05.010.015.020.025.030.0
EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.05.010.015.020.025.030.0
P/E P/S EV/EarningsP/FCFP/BEV/FCFDebt/EquityPayout ratio
Margins(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0%10%20%30%
Net Income Margin Operating Margin Gross MarginEBITDA MarginFCF Margin
Returns(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0%2%4%6%8%10%
ROIC ROAROCEROE
Shares outstanding(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.050.0(M)100.0(M)150.0(M)200.0(M)250.0(M)300.0(M)
Shares (Basic)Shares (Diluted)
Market Cap.(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.020.0(B)40.0(B)60.0(B)80.0(B)100.0(B)120.0(B)140.0(B)
Market Cap.

KPIs

Revenue By Type(show more...)
3/20236/20239/202312/20233/20246/20249/202412/20243/20256/2025
Net Sales Finance and Interest Other
Revenue By Geography(show more...)
12/20223/20236/20239/202312/20233/20246/20249/202412/20243/2025
Asia, Africa, Oceania, and Middle East Canada United States LATAM Central Europe and CIS Western Europe

Competitors & Peers

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 0.18%
Institutions: 83.53%
Other: 16.29%

Institutional ownership

8.28% Vanguard Group Inc6.71% Blackrock Inc.4.16% JPMORGAN CHASE & CO3.84% State Street Corporati...3.14% FMR, LLC2.57% Price (T.Rowe) Associa...2.19% Capital World Investor...2.05% Geode Capital Manageme...1.66% Wellington Management ...1.62% Morgan Stanley47.31% Others

Trading Summary

In the past year, insiders have bought $0.00 worth of the company's stock, and sold $12.30(M).

Congress members have bought between $18004 - $95000 worth of the company's stock, and sold between $7007 - $105000.

Insider transactions

$0.002025-12$0.00
$0.002025-11$0.00
$0.002025-10$0.00
$0.002025-09$0.00
$0.002025-08$0.00
$0.002025-07$0.00
$0.002025-06$0.00
$0.002025-05$0.00
$0.002025-04$0.00
$0.002025-03$0.00
$12.30(M)2025-02$0.00
$0.002025-01$0.00
$0.002024-12$0.00
DateSharesTotal ($)Price ($)NameTitle
Grant2025-03-0538500.0PAGE GREGORY RDirector
Grant2025-03-0538500.0HUNN LAURENCE NEILDirector
Grant2025-03-0538500.0ERWIN TAMI ADirector
Grant2025-03-0538500.0JOHANNS MICHAEL ODirector
Grant2025-03-0538500.0FEIGHT ROBERT PRESTONDirector
Grant2025-03-0538500.0CARET LEANNE GDirector
Grant2025-03-0538500.0TALTON SHEILA GDirector
Grant2025-03-0538500.0SMITH SHERRY MDirector
Grant2025-03-0538500.0STOCKTON DMITRI LDirector
Grant2025-03-0538500.0HEUBERGER ALAN CLETUSDirector
Grant2025-02-1824,5802,471,519100.5KALATHUR RAJESHChief Technology Officer
Grant2025-02-1827,89100.0MAY JOHN C. IIChief Executive Officer
Sell2025-02-1824,58012,304,921500.6KALATHUR RAJESHChief Technology Officer
Grant2024-12-132,74900.0CAMPBELL RYAN DAVIDOfficer
Grant2024-12-1339100.0HINDMAN JAHMY J.Chief Technology Officer
Grant2024-12-131,90200.0REED CORY J.Officer
Grant2024-12-131,90200.0KALATHUR RAJESHChief Technology Officer
Grant2024-12-1310,07600.0MAY JOHN C. IIChief Executive Officer
Grant2024-12-112,31000.0CAMPBELL RYAN DAVIDOfficer
Grant2024-12-111,80700.0PRYOR FELECIA JOfficer
Grant2024-12-112,31000.0JEPSEN JOSHUA AChief Financial Officer
Grant2024-12-111,73200.0ROSE JUSTIN RYANPresident
Grant2024-12-112,10900.0HINDMAN JAHMY J.Chief Technology Officer
Grant2024-12-112,20900.0KOVAR DEANNA MOfficer
Grant2024-12-112,20900.0REED CORY J.Officer
Grant2024-12-111,50600.0WALKER KELLYE LOfficer
Grant2024-12-112,20900.0KALATHUR RAJESHChief Technology Officer
Grant2024-12-119,49700.0MAY JOHN C. IIChief Executive Officer
Grant2024-11-0114500.0FEIGHT ROBERT PRESTONDirector

Congressional trading

$0.002025-12$0.00
$0.002025-11$0.00
$0.002025-10$0.00
$0.002025-09$0.00
$0.002025-08$0.00
$0.002025-07$0.00
$0.002025-06$0.00
$0.002025-05$0.00
$160012025-04$8001
$0.002025-03$8001
$0.002025-02$32501
$400032025-01$0.00
$0.002024-12$0.00
DatePoliticianPartyChamberAmount ($)
Buy2025-04-23Ro KhannaDHouse$1,001 - $15,000
Sell2025-04-21Bruce WestermanRHouse$1,001 - $15,000
Sell2025-04-08Rob BresnahanRHouse$1,001 - $15,000
Buy2025-03-03Bruce WestermanRHouse$1,001 - $15,000
Buy2025-02-25Rob BresnahanRHouse$15,001 - $50,000
Sell2025-01-28Ro KhannaDHouse$1,001 - $15,000
Sell2025-01-28Ro KhannaDHouse$1,001 - $15,000
Sell2025-01-03Ro KhannaDHouse$1,001 - $15,000
Sell2025-01-03Ro KhannaDHouse$1,001 - $15,000
Sell2025-01-03Ro KhannaDHouse$1,001 - $15,000
Buy2024-11-15Ro KhannaDHouse$1,001 - $15,000

Summary

Tools

Dividend Income

Investment Amount
Dividend Yield
What is the Dividend Income Calculator?

The Dividend Income Calculator helps you estimate the yearly, quarterly, monthly, and daily income of your investments.

How to Use This Calculator?

Enter the dividend yield and the invested amount. Optionally, preload stock data to automatically fetch the dividend yield.

Required Investment

Dividend Yield
Desired Yearly Payout
Desired Quarterly Payout
Desired Monthly Payout
What is the Required Investment Calculator?

The Required Investment Calculator helps you determine the amount of money you need to invest in a stock to achieve a desired dividend.

How to Use This Calculator?

Enter the dividend yield and your desired dividend income. Optionally, preload stock data to automatically fetch the dividend yield.

Future Dividend Yield

Base Dividend
Current Price
Number of Years
Dividend Growth Rate
What is the Future Yield Calculator?

The Future Yield Calculator helps you estimate the future dividend yield of a stock based on its current dividend, price, and expected dividend growth rate.

How to Use This Calculator?

Enter the base dividend, current price, number of years, and dividend growth rate. Optionally, preload stock data to automatically fetch the dividend and price. The calculator will display the current yield and the projected future yield.

Future Dividend Income

Base Dividend
Number of Years
Dividend Growth Rate
What is the Future Dividend Income Calculator?

The Future Dividend Income Calculator helps you estimate the future dividend income from your investments based on the current dividend yield and expected growth rate.

How to Use This Calculator?

Enter the current dividend yield, expected growth rate, and investment duration. Optionally, preload stock data to automatically fetch the dividend yield.