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
DE's equity is up by 9% since the previous quarter and by 5% year-on-year
Deere's gross margin has increased by 3.5% YoY and by 2.2% from the previous quarter
The company's debt rose by 7% YoY but it fell by 3.3% QoQ
The P/E is 61% more than the last 4 quarters average of 17.1 and 45% more than the 5-year quarterly average of 19.0
DE's net income is down by 18% year-on-year and by 3.1% since the previous quarter
Key stats
What are the main financial stats of DE
Market
Shares outstanding
313.37M
Market cap
$75.06B
Enterprise value
$115.35B
Valuations
Price to earnings (P/E)
27.6
Price to book (P/B)
5.81
Price to sales (P/S)
2.1
EV/EBIT
23.41
EV/EBITDA
16.39
EV/Sales
3.23
Earnings
Revenue
$35.71B
EBIT
$4.93B
EBITDA
$7.04B
Free cash flow
$5.72B
Per share
EPS
$8.68
Free cash flow per share
$18.26
Book value per share
$41.19
Revenue per share
$114.07
TBVPS
$233.16
Balance sheet
Total assets
$77.26B
Total liabilities
$64.37B
Debt
$48.47B
Equity
$12.89B
Working capital
N/A
Liquidity
Debt to equity
3.76
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.72
Margins
EBITDA margin
19.7%
Gross margin
32.9%
Net margin
7.6%
Operating margin
13.9%
Efficiency
Return on assets
3.6%
Return on equity
22.6%
Return on invested capital
4.4%
Return on capital employed
N/A
Return on sales
13.8%
Dividend
Dividend yield
1.27%
DPS
$3.04
Payout ratio
35%
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
$35.71B
Gross profit
$11.76B
Operating income
$4.95B
Net income
$2.71B
Gross margin
32.9%
Net margin
7.6%
DE's net income is down by 18% year-on-year and by 3.1% since the previous quarter
DE's operating income is down by 12% year-on-year
The company's net margin fell by 12% YoY
The revenue has declined by 8% year-on-year and by 3% since the previous quarter
Growth
What is Deere's growth rate over time
Valuation
What is Deere stock price valuation
P/E
27.6
P/B
5.81
P/S
2.1
EV/EBIT
23.41
EV/EBITDA
16.39
EV/Sales
3.23
The P/E is 61% more than the last 4 quarters average of 17.1 and 45% more than the 5-year quarterly average of 19.0
Deere's EPS has decreased by 17% YoY and by 2.8% from the previous quarter
DE's price to book (P/B) is 38% higher than its last 4 quarters average of 4.2 and 35% higher than its 5-year quarterly average of 4.3
DE's equity is up by 9% since the previous quarter and by 5% year-on-year
The stock's price to sales (P/S) is 62% more than its 5-year quarterly average of 1.3 and 50% more than its last 4 quarters average of 1.4
The revenue has declined by 8% year-on-year and by 3% since the previous quarter
Efficiency
How efficient is Deere business performance
Deere's return on assets has decreased by 22% YoY and by 5% QoQ
DE's ROE is down by 20% YoY and by 4.2% from the previous quarter
DE's ROIC is down by 17% year-on-year
Deere's ROS has decreased by 5% YoY but it has increased by 4.5% from the previous quarter
Dividends
What is DE's dividend history
DPS
$3.04
Dividend yield
1.27%
Payout ratio
35%
Recent dividends
Financial health
How did Deere financials performed over time
Deere's total assets is 20% higher than its total liabilities
DE's equity is up by 9% since the previous quarter and by 5% year-on-year
The company's debt rose by 7% YoY but it fell by 3.3% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.