Deere & Co. engages in the manufacturing and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacturing of full line of agriculture and turf equipment and related service parts. The Construction and Forestry segment offers machines and service parts used in construction, earthmoving, road building, material handling, and timber harvesting. The Financial Services segment finances sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment. The company was founded by John Deere in 1837 and is headquartered in Moline, IL.
Highlights
The P/E is 32% more than the last 4 quarters average of 16.1 and 12% more than the 5-year quarterly average of 18.9
DE's net income is down by 16% year-on-year and by 14% since the previous quarter
Key stats
What are the main financial stats of DE
Market
Shares outstanding
312.86M
Market cap
$59.29B
Enterprise value
$100.53B
Valuations
Price to earnings (P/E)
21.22
Price to book (P/B)
5.01
Price to sales (P/S)
1.61
EV/EBIT
20.68
EV/EBITDA
14.5
EV/Sales
2.73
Earnings
Revenue
$36.82B
EBIT
$4.86B
EBITDA
$6.93B
Free cash flow
$3.97B
Per share
EPS
$8.93
Free cash flow per share
$12.68
Book value per share
$37.83
Revenue per share
$117.55
TBVPS
$233.39
Balance sheet
Total assets
$77.33B
Total liabilities
$65.46B
Debt
$50.14B
Equity
$11.86B
Working capital
N/A
Liquidity
Debt to equity
4.23
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.95
Margins
EBITDA margin
18.8%
Gross margin
32.2%
Net margin
7.6%
Operating margin
13.2%
Efficiency
Return on assets
3.8%
Return on equity
23.6%
Return on invested capital
4.4%
Return on capital employed
N/A
Return on sales
13.2%
Dividend
Dividend yield
1.6%
DPS
$3.04
Payout ratio
34%
DE stock price
How has the Deere stock price performed over time
Financial performance
How have Deere's revenue and profit performed over time
Revenue
$36.82B
Gross profit
$11.84B
Operating income
$4.87B
Net income
$2.8B
Gross margin
32.2%
Net margin
7.6%
DE's net income is down by 16% year-on-year and by 14% since the previous quarter
DE's operating income is down by 14% year-on-year and by 10% since the previous quarter
The company's net margin fell by 11% YoY and by 10% QoQ
The operating margin is down by 8% year-on-year and by 6% since the previous quarter
Valuation
What is Deere stock price valuation
P/E
21.22
P/B
5.01
P/S
1.61
EV/EBIT
20.68
EV/EBITDA
14.5
EV/Sales
2.73
The P/E is 32% more than the last 4 quarters average of 16.1 and 12% more than the 5-year quarterly average of 18.9
Deere's EPS has decreased by 14% YoY and by 14% from the previous quarter
DE's price to book (P/B) is 17% higher than its 5-year quarterly average of 4.3 and 17% higher than its last 4 quarters average of 4.3
The stock's price to sales (P/S) is 34% more than its 5-year quarterly average of 1.2 and 24% more than its last 4 quarters average of 1.3
The revenue has declined by 6% year-on-year and by 5% since the previous quarter
Efficiency
How efficient is Deere business performance
DE's ROE is down by 21% YoY and by 14% from the previous quarter
Deere's return on assets has decreased by 19% YoY and by 16% QoQ
DE's ROIC is down by 19% year-on-year and by 10% since the previous quarter
Deere's ROS has decreased by 9% YoY and by 6% from the previous quarter
Dividends
What is DE's dividend history
DPS
$3.04
Dividend yield
1.6%
Payout ratio
34%
Recent dividends
Financial health
How did Deere financials performed over time
Deere's total assets is 18% higher than its total liabilities
The total liabilities is up by 9% since the previous quarter and by 8% year-on-year
Deere's total assets has increased by 8% QoQ and by 6% YoY
The company's debt to equity rose by 13% YoY and by 13% QoQ
The company's debt rose by 12% YoY and by 12% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.