US · USD

DE

Deere & Company

US$656.98-3.46% (-US$23.52)
Day's range
US$668.57 – US$685.56
Day's volume
US$1.1bn
52-week range
US$434.16 – US$707.79

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DE in numbers

Market cap
US$181.1bn
P/E
36.35
P/B
6.33
Dividend yield (12m)
0.99%

The 12-month dividend yield of DE is 0.99%, below its 5-year average of 1.22%.

DE price history

01/10/202501/10/2026
Compare with

DE risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+47.13%+91.32%+109.39%
Volatility (annualised)34.40%27.51%29.67%
Largest drawdown-13.65%-13.65%-27.65%
Positive months8/1220/3629/60

How much did investing in DE return?

US$1,000.00 invested on 01/10/2021 would be worth US$2,048.44 today.

Value today in DE
US$2,048.44
Return over the period
+104.84%
Return per year
+15.42%
In the S&P 500
US$1,656.00

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

DE fundamentals

Valuation

  • P/E
    36.35
  • P/B
    6.33
  • EV/EBITDA
    —
  • EV/EBIT
    —
  • EV/Revenue
    3.77
  • P/EBIT
    —
  • P/S
    3.77
  • P/OCF
    24.99
  • P/FCF
    30.07
  • Earnings yield
    —
  • PEG ratio
    —
  • Earnings per share
    US$18.07
  • Book value per share
    US$103.81

Efficiency

  • Gross margin
    —
  • EBITDA margin
    —
  • Operating margin
    —
  • Net margin
    10.16%
  • Asset turnover
    0.45

Profitability

  • ROE
    17.41%
  • ROA
    4.53%
  • ROIC
    —
  • Payout
    35.85%

Growth

  • Revenue CAGR (5 years)
    2.49%
  • Earnings CAGR (5 years)
    -2.17%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is DE's fair price?

Two classic value formulas, with today's numbers. The current price is US$656.98.

Graham's fair price
US$205.46
68.73% below the price

√(22.50 × US$18.07 × US$103.81)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
US$84.60
87.12% below the price

US$5.08 (5-year average) ÷ 6%

Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.

Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.

DE indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20252024202320222021202020192018
P/E25.0516.2111.0217.9317.6830.6516.6920.07
P/B4.855.045.146.315.726.524.764.21
EV/EBITDA—10.317.4911.2112.9517.1212.5311.07
Dividend yield1.39%1.39%1.26%1.02%1.05%1.13%1.75%1.73%
Earnings per shareUS$18.59US$26.14US$36.27US$23.91US$19.40US$8.78US$10.38US$7.43
Book value per shareUS$95.95US$84.09US$77.73US$67.94US$59.96US$41.28US$36.43US$35.43
ROE19.37%31.09%46.67%35.19%32.35%21.26%28.50%20.98%
ROIC—30.58%46.36%36.61%14.47%8.04%9.25%7.44%
EBITDA margin—21.57%24.43%21.69%22.86%18.07%16.39%17.14%
Net margin11.00%13.73%16.60%13.56%13.54%7.74%8.29%6.34%
Net debt/EBITDA————2.474.004.103.64

DE financial statements

Line202520242023202220212020
Net revenueUS$45.7bnUS$51.7bnUS$61.3bnUS$52.6bnUS$44bnUS$35.5bn
Cost of sales——————
Gross profit——————
EBITDA—US$11.2bnUS$15bnUS$11.4bnUS$10.1bnUS$6.4bn
EBIT—US$9bnUS$13bnUS$9.5bnUS$8bnUS$4.3bn
Net finance result——————
Profit before taxUS$6.3bnUS$9.2bnUS$13bnUS$9.1bnUS$7.6bnUS$3.9bn
Income tax-US$1.3bn-US$2.1bn-US$2.9bn-US$2bn-US$1.7bn-US$1.1bn
Net incomeUS$5bnUS$7.1bnUS$10.2bnUS$7.1bnUS$6bnUS$2.8bn

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does DE pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Dividend29/09/202609/11/2026US$1.62

Dividend yield per year

  • 1.53%2017
  • 1.73%2018
  • 1.75%2019
  • 1.13%2020
  • 1.05%2021
  • 1.02%2022
  • 1.26%2023
  • 1.39%2024
  • 1.39%2025
  • 0.72%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend29/06/202610/08/2026US$1.62
Dividend30/03/202608/05/2026US$1.62
Dividend30/12/202509/02/2026US$1.62
Dividend29/09/202510/11/2025US$1.62
Dividend27/06/202508/08/2025US$1.62
Dividend28/03/202508/05/2025US$1.62
Dividend30/12/202410/02/2025US$1.62
Dividend27/09/202408/11/2024US$1.47
Dividend27/06/202408/08/2024US$1.47
Dividend26/03/202408/05/2024US$1.47
Dividend27/12/202308/02/2024US$1.47
Dividend27/09/202308/11/2023US$1.35
See all 39 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend28/06/202308/08/2023US$1.25
Dividend29/03/202308/05/2023US$1.25
Dividend28/12/202208/02/2023US$1.20
Dividend28/09/202208/11/2022US$1.13
Dividend28/06/202208/08/2022US$1.13
Dividend29/03/202209/05/2022US$1.05
Dividend29/12/202108/02/2022US$1.05
Dividend28/09/202108/11/2021US$1.05
Dividend28/06/202109/08/2021US$0.90
Dividend29/03/202110/05/2021US$0.90
Dividend29/12/202008/02/2021US$0.76
Dividend28/09/202009/11/2020US$0.76
Dividend26/06/202010/08/2020US$0.76
Dividend27/03/202008/05/2020US$0.76
Dividend27/12/201910/02/2020US$0.76
Dividend26/09/201908/11/2019US$0.76
Dividend26/06/201901/08/2019US$0.76
Dividend27/03/201901/05/2019US$0.76
Dividend27/12/201801/02/2019US$0.76
Dividend26/09/201801/11/2018US$0.69
Dividend27/06/201801/08/2018US$0.69
Dividend27/03/201801/05/2018US$0.60
Dividend27/12/201701/02/2018US$0.60
Dividend27/09/201701/11/2017US$0.60
Dividend27/06/201701/08/2017US$0.60
Dividend28/03/201701/05/2017US$0.60
Dividend27/12/201601/02/2017US$0.60

About Deere & Company

Sector
Manufacturing

Questions about DE

How much is DE today?

DE is at US$656.98 (-3.46% on the day), last traded on 01/10/2026.

How much did DE pay in dividends in 2025?

DE paid US$6.48 per share in 2025, a dividend yield of 1.39%.

When is the next DE dividend?

The next announced payment is US$1.62 per share on 09/11/2026.

What are the P/E and P/B of DE?

DE trades at a P/E of 36.35 and a P/B of 6.33.

How much did DE return in 12 months?

DE returned 47.13% in 12 months, with annualised volatility of 34.40% and a largest drawdown of -13.65%.