Inside the research
Deere & Company
DE Research profile · latest available data
Price overview
$690.46
▼ -4.48 (-0.6%)
| 52w hi | $709.48 |
|---|---|
| 52w lo | $435.19 |
| Vol | 1.11M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.22
| Short | +0.48 |
|---|---|
| Medium | +0.18 |
| Long | -0.22 |
computed 2026-09-27
Key fundamentals
Deere & Company
Industrials · Farm & Heavy Construction Machinery
| Market cap | $186.17B |
|---|---|
| Enterprise value | $243.85B |
| Trailing P/E | 38.32x |
| Forward P/E | 30.23x |
| EV / EBITDA | 28.36x |
| P / S (ttm) | 3.88x |
| Profit margin | 10.2% |
| Return on equity | 18.2% |
| Revenue growth | +4.9% |
| Earnings growth | +7.4% |
| Debt / equity | 230.30 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.10 | |
| Sector | -0.01 | |
| Technical | +0.29 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides four-wheel-drive track and row crop tractors, harvesters, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery, and related attachments and service parts. The Small Agriculture and Turf segment offers specialty, utility, and compact tractors; self-propelled forage harvesters and attachments; rotary mowers, hay and forage equipment, and utility vehicles; turf and utility equipment, including riding lawn, commercial mowing, and golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications. The Construction and Forestry segment provides backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, skid-steer loaders, milling machines, recyclers, slipform and asphalt pavers, surface miners, compactors, tandem, static rollers, mobile crushers and screens, mobile and stationary asphalt plants, and log harvesters; and road building and rehabilitation equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties. Deere & Company has a strategic partnership with Tarter USA to develop and produce flex wing rotary cutters. The company was founded in 1837 and is headquartered in Moline, Illinois.
Risk Metrics
| Beta vs SPX | 0.69 |
|---|---|
| Corr SPX | 0.36 |
| Annual vol | 30.5% |
| Annual ret | +31.2% |
| Sharpe | 1.02 |
| Max DD | -20.1% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $665.10 |
|---|---|
| High / Low | $793.00 / $500.00 |
| Median | $660.00 |
| Analysts | 23 |
| Strong Buy | 5 | |
|---|---|---|
| Buy | 8 | |
| Hold | 11 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-10 | JP Morgan | → Neutral |
| 2026-04-08 | Jefferies | → Hold |
| 2026-04-01 | Barclays | → Overweight |
| 2026-03-09 | Citigroup | → Neutral |
| 2026-02-24 | Morgan Stanley | → Overweight |
| 2026-02-23 | Jefferies | → Underperform |
Officers & Board
| Director | Leanne Caret since 2021 |
|---|---|
| Director | Tami Erwin since 2020 |
| CEO | John May since 2019 |
| Director | John May since 2019 |
| Director | Charles O. Holliday, Jr. since 2018 |
| Director | Alan Heuberger since 2016 |
| Director | Dmitri Stockton since 2015 |
| Director | Sheila Talton since 2015 |
| Director | Mike Johanns since 2015 |
| Director | Gregory R. Page since 2013 |
| Director | Sherry M. Smith since 2011 |
| Director | Clayton M. Jones since 2007 |
| Founder | John Deere current |
| Director | Charles O. Holliday, Jr. 2007–2016 |
| CEO | Charles Deere Wiman 1928–1955 |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-15 | Other Material Event, Exhibits | read |
| 2026-06-01 | Officer / Director Change | read |
| 2026-05-21 | Earnings Release, Reg FD Disclosure… | read |
| 2026-05-01 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-03-16 | Officer / Director Change, Exhibits | read |
| 2026-02-27 | Shareholder Vote | read |
| 2026-02-19 | Earnings Release, Reg FD Disclosure… | read |
| 2026-01-22 | Officer / Director Change | read |
| 2025-12-04 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-11-26 | Earnings Release, Reg FD Disclosure… | read |
| 2025-10-09 | Other Material Event, Exhibits | read |
| 2025-09-02 | Officer / Director Change, Reg FD Disclosure… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-01 | WALKER KELLYE L. | Officer, Snr VP & CLO GLS | Withheld for tax | 568 | $327.88K |
| 2026-03-04 | Talton Sheila | Director | Grant | 293 | — |
| 2026-03-04 | Erwin Tami A. | Director | Grant | 293 | — |
| 2026-03-04 | FEIGHT R PRESTON | Director | Grant | 293 | — |
| 2026-03-04 | Heuberger Alan Cletus | Director | Grant | 293 | — |
| 2026-03-04 | PAGE GREGORY R | Director | Grant | 293 | — |
| 2026-03-04 | HUNN LAURENCE NEIL | Director | Grant | 293 | — |
| 2026-03-04 | Sikes James Brian | Director | Grant | 293 | — |
| 2026-03-04 | STOCKTON DMITRI L | Director | Grant | 293 | — |
| 2026-03-04 | Caret Leanne G | Director | Grant | 293 | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 10 |
| Top-5 share | 97.2% |
| HHI | 3,539 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $6.91B | 10.87M |
| Fidelity / FMR LLC | $4.75B | 7.49M |
| Capital Research / Capital World | $1.26B | 1.99M |
| Citadel Advisors | $657.39M | 1.04M |
| Norges Bank (Norway sovereign) | $340.56M | 536.88K |
| Ark Invest | $249.31M | 393.02K |
| Millennium Management | $93.04M | 146.67K |
| AQR Capital Management | $46.54M | 74.72K |
| T. Rowe Price Group | $4.79M | 7.55M |
| Bridgewater Associates | $909.00K | 1.43K |
As of 2026-06-30
Connections
Subsidiarys: Vapormatic
Dividends
| Yield (TTM) | 0.70% |
|---|---|
| $ / share (TTM) | $4.86 |
| 5y CAGR | +16.3% |
Annual dividend per share
| 2021 | $3.90 |
|---|---|
| 2022 | $4.51 |
| 2023 | $5.32 |
| 2024 | $6.03 |
| 2025 | $6.48 |
| 2026 | $1.62 |
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $6.71M | Department of Defense | 8510172333!TRACK LOADER |
| $882.93K | Department of Defense | 8510080478!SCOOP LOADER |
| $869.83K | Department of Defense | 8510277659!CRAWLER DOZER |
| $792.08K | Department of Defense | 8509577314!UTV ALL TERRAIN-4 PASS |
| $772.72K | Department of the Interior | PURCHASE TRACTORS FOR MULTIPLE NATCHEZ TRACE SITES |
| $693.76K | Department of the Interior | TWO (2) TRACTORS WITHOUT A LOADER AND TWO (2) TRACTORS WITH LOADERS FOR MULTIPLE |
| $572.01K | Department of the Interior | SUPPLY, PROCUREMENT OF FIVE TRACTORS 4X4 DIESEL, NATR |
| $562.04K | Department of the Interior | JOHN DEERE 950K CRAWLER DOZER, REDWOOD NATIONAL PARK (REDW) |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $61.25B | +4.9% | |
| Gross profit | $1.93B | +0.8% | |
| Operating income | $9.04B | +7.2% | |
| Net income | $7.10B | +10.0% | |
| Cash from ops | $9.23B | +11.6% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $694.99 | $698.29 | $681.06 | $690.46 | 1.11M |
| Sep 24 | $707.20 | $708.20 | $691.00 | $694.94 | 1.18M |
| Sep 23 | $702.05 | $721.22 | $701.72 | $709.48 | 1.82M |
| Sep 22 | $688.73 | $704.92 | $684.01 | $703.12 | 1.55M |
| Sep 21 | $686.12 | $695.05 | $683.62 | $684.73 | 953.10K |
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