SuperworthDeere DE
- Market cap
- $174.2B
- PE
- 35.9×
- 10y median 20.8×
- Forward PE
- 30.8×
- 10y median 17.7×
- Price to sales
- 3.6×
- EV/EBIT
- 19.4×
- Revenue, 12 months
- $48B
- +8% on a year ago
- Net margin
- 10.2%
- Free cash flow yield
- 3.5%
Deere trades at 35.9× trailing earnings, pricier than 98% of the last ten years. Revenue was $48B over the last twelve months, up 8% on a year earlier with a 10% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $15.4B−1% | $12.2B−4% | $15.2B−12% | $13.2B−17% | $11.1B−28% | $8.5B−30% | $12.8B−16% | $12B−9% | $12.4B+11% | $9.6B+13% | $13.4B+5% | $12.6B+5% | |
| Cost of revenue | $9.4B−8% | $7.2B−9% | $9.2B−15% | $7.8B−19% | $6.6B−30% | $5B−30% | $7.6B−17% | $7.6B−4% | $7.9B+21% | $6.3B+25% | $8.3B+9% | $7.9B+5% |
| Gross profit | $6B+13% | $5B+6% | $6.1B−9% | $5.3B−14% | $4.6B−24% | $3.5B−30% | $5.2B−15% | $4.4B−16% | $4.5B−3% | $3.3B−4% | $5.1B−1% | $4.7B+5% |
| R&D | $606M+5% | $533M+8% | $565M+3% | $567M+7% | $626M+3% | $526M−1% | $549M−3% | $556M−2% | $680M+9% | $554M+5% | $583M+6% | $567M+2% |
| SG&A | $1.2B+1% | $1.1B+12% | $1.3B−5% | $1.3B+15% | $1.2B+2% | $972M−9% | $1.2B−5% | $1.2B−5% | $1.3B+4% | $972M+0% | $1.2B+1% | $1.2B+0% |
| $3.9B+19% | $3B+2% | $4B−11% | $3.2B−25% | $2.4B−38% | $1.7B−43% | $3.1B−21% | $2.4B−25% | $2.2B−9% | $1.6B−10% | $3B−4% | $2.6B+8% | |
| Interest expense | $782M+124% | $802M+67% | $836M+47% | $840M+35% | $870M+11% | $829M+3% | $784M−6% | $794M−6% | $762M−12% | $719M−13% | $712M−9% | $710M−11% |
| Pre-tax income | $3.1B+7% | $2.2B−11% | $3.1B−19% | $2.4B−35% | $1.5B−51% | $895M−60% | $2.3B−25% | $1.6B−32% | $1.4B−6% | $836M−7% | $2.3B−2% | $1.9B+18% |
| $707M+10% | $469M−13% | $751M−24% | $625M−2% | $249M−65% | $27M−94% | $539M−28% | $339M−46% | $354M+42% | $196M+626% | $518M−4% | $529M+56% | |
| Net income | $2.4B+6% | $1.8B−11% | $2.4B−17% | $1.7B−42% | $1.2B−47% | $869M−50% | $1.8B−24% | $1.3B−26% | $1.1B−15% | $656M−25% | $1.8B−2% | $1.4B+7% |
| $8.26+11% | $6.23−5% | $8.53−12% | $6.29−38% | $4.55−45% | $3.19−49% | $6.64−22% | $4.75−25% | $3.93−14% | $2.42−24% | $6.55−1% | $5.10+7% | |
| 286.9M−5% | 281.1M−6% | 277.9M−6% | 275.6M−6% | 273.6M−5% | 272.3M−3% | 271.8M−2% | 271.4M−2% | 271.1M−1% | 270.9M−1% | 270.8M−0% | 270.7M−0% |
Gross profit: 73 periods, Q3 FY08 to Q3 FY26: not printed by the filing, worked out from its own lines.
Operating income: 73 periods, Q3 FY08 to Q3 FY26: not printed by the filing, worked out from its own lines.
Net income: 5 periods, Q4 FY21 to Q4 FY25: printed in the fourth-quarter results release.
EPS, diluted: Q4 FY08: quarter's net income to common over its shares, to the cent. 6 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
Diluted shares: 12 periods, Q4 FY08 to Q4 FY20: share-days: the 12-month average less the 9-month, weighted by days. 6 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet. Figures from older filings without data tags, and from a results release before its 10-Q, are read from the document's text and checked against it.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q4 FY26 | $10.4B | $10.3B to $10.6B | $4.06 | $3.95 to $4.43 | 12 |
| Q1 FY27 | $8.6B | $8.5B to $8.8B | $3.35 | $2.56 to $4.29 | 9 |
| Q2 FY27 | $12.7B | $12.4B to $13.2B | $7.18 | $6.93 to $7.53 | 7 |
| Q3 FY27 | $12B | $11.7B to $12.5B | $6.38 | $6.16 to $6.69 | 3 |
| Q4 FY27 | $11.4B | $11.1B to $11.8B | $5.25 | $5.07 to $5.51 | 4 |
| Q1 FY28 | $9.2B | $9B to $9.6B | $4.17 | $4.02 to $4.37 | 6 |
| Q2 FY28 | $13.6B | $13.3B to $14.1B | $8.40 | $8.11 to $8.81 | 4 |
| Q3 FY28 | $12.9B | $12.6B to $13.4B | $7.43 | $7.17 to $7.79 | 4 |
Peers
Companies in Industrials nearest Deere's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| DEDeere | $174.2B | 35.9× | 20.8× | 30.8× | 3.6× | +8% | 10.2% |
| UNPUnion Pacific | $174B | 22.8× | 21.0× | 21.5× | 6.6× | +7% | 28.9% |
| BABoeing | $148.9B | 81.5× | 24.0× | 197× | 1.6× | +25% | 2.6% |
| ETNEaton | $142.2B | 37.2× | 28.3× | 24.2× | 4.7× | +16% | 12.8% |
| GEVGE Vernova | $217.1B | 23.3× | 56.3× | 39.7× | 5.2× | +13% | 23.0% |
| LMTLockheed Martin | $139.4B | 21.5× | 18.7× | 19.2× | 1.8× | +8% | 8.2% |
| RTXRTX | $257.4B | 31.0× | 28.9× | 24.7× | 2.7× | +12% | n/m |
| PHParker-Hannifin | $111B | 30.9× | 24.8× | 24.6× | 5.2× | +8% | 17.0% |
| GEGE Aerospace | $296.4B | 32.5× | 19.6× | 32.2× | 5.6× | +20% | 17.5% |
| TTTrane Technologies | $97.9B | 33.7× | 25.3× | 26.8× | 4.4× | +7% | 13.3% |
| CATCaterpillar | $315.8B | 29.6× | 18.7× | 24.1× | 4.2× | +18% | 14.5% |
| Peer median | $161.4B | 31.0× | 24.4× | 24.7× | 4.6× | +12% | 14.5% |
Investors who own it
Investors we follow who held Deere at the end of Jun 30, 2026, from their 13F filings.
- Tom GaynerMarkel Group4.2% of portfolio
- Cathie WoodARK Investment Management1.6% of portfoliotrimmed
- Bill NygrenHarris Associates (Oakmark)0.3% of portfoliotrimmed
- Baillie GiffordBaillie Gifford0.2% of portfoliotrimmed
More on Deere
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #4of 14Agricultural machinery stocks with the highest profit margins
- #4of 12Agricultural machinery stocks with the fastest earnings growth
- #8of 14Agricultural machinery stocks with the fastest revenue growth
- #8of 13Agricultural machinery stocks with the lowest PE ratio
- #9of 14Agricultural machinery stocks with the lowest EV/EBIT
- #9of 12Agricultural machinery stocks with the highest free cash flow yield
- #10of 10Agricultural machinery stocks cheapest against their own PE history
Its groups
About
- Industry
- Agricultural - Machinery
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .