Full history for every metric is available with a Kvantra account
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $bn | 34.7 | 43.0 | 51.3 | 60.2 | 50.5 | 44.7 | 47.7 | 41.4 |
| Operating profit | $bn | 8.42 | 9.05 | ||||||
| Net profit | $bn | 2.8 | 6.0 | 7.1 | 10.2 | 7.1 | 5.0 | 4.9 | 4.9 |
| EPS reported | $ | 18.50 | 18.00 | ||||||
| Operating cashflow per share | $ | 27.53 | 26.85 | ||||||
| Capex per share | $ | 15.61 | 12.52 | ||||||
| FCF per share | $ | 11.93 | 14.33 | ||||||
| Free cash flow | $bn | 3.23 | 3.87 | ||||||
| Net debt | $bn | 53.9 | 53.4 | ||||||
| Book value equity | $bn | 26.0 | 28.0 | ||||||
| Book value per share | $ | 95.51 | 103.4 | ||||||
| Number of shares | m | 271.7 | 270.7 | ||||||
| DPS (TTM paid) | $ | 6.48 | 6.48 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 24.95 | 38.43 | ||||||
| P/B LTM | x | 4.82 | 6.66 | ||||||
| P/S LTM | x | 2.80 | 3.91 | ||||||
| P/FCF LTM | x | 38.73 | 48.23 | ||||||
| EV/EBITDA LTM | x | 15.51 | 20.51 | ||||||
| EV/Sales LTM | x | 4.05 | 5.03 | ||||||
| Earnings Yield LTM | % | 4.01% | 2.60% | ||||||
| FCF Yield | % | 2.58% | 2.07% | ||||||
| Quality | |||||||||
| ROE | % | 19.37% | 18.11% | ||||||
| ROIC | % | 7.13% | 22.11% | ||||||
| Operating margin | % | 18.84% | 18.97% | ||||||
| Gross margin | % | 36.48% | 35.74% | ||||||
| FCF/Sales | % | 7.23% | 8.11% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -27.79% | -5.91% | ||||||
| Sales Growth YoY | % | -11.59% | +9.87% | ||||||
| Net Income Growth YoY | % | -29.20% | -6.41% | ||||||
| FCF Growth | % | -27.05% | -5.71% | ||||||
| Operating Profit Growth | % | -26.35% | +4.43% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 1.37% | 0.94% | ||||||
| Dividend Growth | % | +7.46% | 0.00% | ||||||
| Payout Ratio | % | 34.22% | 35.97% | ||||||
| FCF/Debt | x | 0.05 | 0.06 | ||||||
| Net Debt/EBITDA | x | 4.78 | 4.72 | ||||||
| EBIT/Net interest | x | 2.65 | 3.12 | ||||||
| Net debt/market cap | % | 43.07% | 28.65% | ||||||
| Net debt/Equity | x | 2.08 | 1.91 | ||||||
| Gross debt/equity | x | 2.46 | 2.29 | ||||||
ETFs that hold Deere
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| State Street Industrial Select Sector SPDR ETF | XLI | 6 | 3.23% |
| Global X - U.S. Infrastructure Development ETF | PAVE | 3 | 3.74% |
| Vanguard Industrials ETF | VIS | 6 | 2.45% |
| Tidal Trust III - Fundstrat Granny Shots US Large Cap ETF | GRNY | 3 | 2.90% |
| Fidelity MSCI Industrials Index ETF | FIDU | 6 | 2.54% |
| iShares U.S. Industrials ETF | IYJ | 9 | 2.07% |
| ARK Autonomous Technology & Robotics ETF | ARKQ | 10 | 3.51% |
| iShares Global Industrials ETF | EXI | 7 | 1.81% |
| Xtrackers MSCI World Industrials UCITS ETF 1C | XDWI.DE | 7 | 1.70% |
| VanEck Agribusiness ETF | MOO | 2 | 8.33% |
Funds with Deere among their ten largest holdings, largest fund first.
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
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. The Production and Precision Agriculture segment focuses on large-scale farming and advanced agricultural practices, offering medium-sized tractors, various harvesting machinery (including combines, cotton pickers, and sugarcane harvesters), front-end harvesting tools, sugarcane loaders, pull-behind scrapers, and essential tillage and seeding implements. It also supplies specialized application equipment like sprayers and nutrient management systems, along with soil preparation machinery, primarily serving grain growers. The Small Agriculture and Turf segment caters to smaller farming needs and land maintenance. Its product line includes utility tractors along with their complementary loaders and attachments. This segment also provides an extensive selection of turf and utility equipment, suchg as riding and commercial lawnmowers, specialized golf course maintenance machinery, and utility vehicles. Additionally, it offers various implements for tasks like mowing, tilling, snow removal, aerating, and general turf care across residential, commercial, golf, and sports environments, alongside other outdoor power products and hay and forage equipment. This division also resells products from other manufacturers. Its customer base includes dairy and livestock farmers, other crop producers, and general turf and utility clients. The Construction and Forestry segment delivers a comprehensive suite of heavy machinery for construction and logging. This includes earthmoving and roadbuilding equipment such as backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, and asphalt plants. For forestry operations, it supplies log skidders, feller bunchers, log loaders and forwarders, and log harvesters, in addition to various attachments for all its machinery. Lastly, the Financial Services segment provides funding solutions to facilitate the sale and leasing of agriculture and turf, as well as construction and forestry equipment. It extends wholesale financing to dealers stocking these product lines, offers extended equipment warranties, and manages retail revolving charge accounts for end-users. Established in 1837, Deere & Company has its corporate headquarters situated in Moline, Illinois.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| State Street Industrial Select Sector SPDR ETF | XLI | 6 | 3.23% |
| Global X - U.S. Infrastructure Development ETF | PAVE | 3 | 3.74% |
| Vanguard Industrials ETF | VIS | 6 | 2.45% |
| Tidal Trust III - Fundstrat Granny Shots US Large Cap ETF | GRNY | 3 | 2.90% |
| Fidelity MSCI Industrials Index ETF | FIDU | 6 | 2.54% |
| iShares U.S. Industrials ETF | IYJ | 9 | 2.07% |
| ARK Autonomous Technology & Robotics ETF | ARKQ | 10 | 3.51% |
| iShares Global Industrials ETF | EXI | 7 | 1.81% |
| Xtrackers MSCI World Industrials UCITS ETF 1C | XDWI.DE | 7 | 1.70% |
| VanEck Agribusiness ETF | MOO | 2 | 8.33% |
Funds with Deere among their ten largest holdings, largest fund first.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
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. The Production and Precision Agriculture segment focuses on large-scale farming and advanced agricultural practices, offering medium-sized tractors, various harvesting machinery (including combines, cotton pickers, and sugarcane harvesters), front-end harvesting tools, sugarcane loaders, pull-behind scrapers, and essential tillage and seeding implements. It also supplies specialized application equipment like sprayers and nutrient management systems, along with soil preparation machinery, primarily serving grain growers. The Small Agriculture and Turf segment caters to smaller farming needs and land maintenance. Its product line includes utility tractors along with their complementary loaders and attachments. This segment also provides an extensive selection of turf and utility equipment, suchg as riding and commercial lawnmowers, specialized golf course maintenance machinery, and utility vehicles. Additionally, it offers various implements for tasks like mowing, tilling, snow removal, aerating, and general turf care across residential, commercial, golf, and sports environments, alongside other outdoor power products and hay and forage equipment. This division also resells products from other manufacturers. Its customer base includes dairy and livestock farmers, other crop producers, and general turf and utility clients. The Construction and Forestry segment delivers a comprehensive suite of heavy machinery for construction and logging. This includes earthmoving and roadbuilding equipment such as backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, and asphalt plants. For forestry operations, it supplies log skidders, feller bunchers, log loaders and forwarders, and log harvesters, in addition to various attachments for all its machinery. Lastly, the Financial Services segment provides funding solutions to facilitate the sale and leasing of agriculture and turf, as well as construction and forestry equipment. It extends wholesale financing to dealers stocking these product lines, offers extended equipment warranties, and manages retail revolving charge accounts for end-users. Established in 1837, Deere & Company has its corporate headquarters situated in Moline, Illinois.
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