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Deere & Company DE Interest coverage

Interest coverage at other companies

Caterpillar logo
CaterpillarCAT
6.1×-1.5×
Tractor Supply Company logo
Tractor Supply CompanyTSCO
21.2×-2.2×
Ford Motor Company logo
Ford Motor CompanyF
3.8×0.0×
International Business Machines logo
International Business MachinesIBM
6.4×+2.0×
Realty Income logo
Realty IncomeO
2.1×+0.1×

Other financials

Income statement

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Revenue$13.4B+4.8%
Net income$1.8B-1.7%
EPS (diluted)$6.55-1.4%

Balance sheet

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Cash & equivalents$7.9B-1.1%
Total debt$58.2B-1.4%
Total equity$27.4B+12.8%
Total assets$107.00B+0.7%

Cash flow

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Operating cash flow$1.9B+13.7%
CapEx$195.0M-3.9%
Free cash flow$1.7B+16.0%

Valuation

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Market cap$159.06B+6.0%
Enterprise value$209.39B+4.0%
P/E33.3×+6.7×
P/S3.4×+0.1×

Profitability

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Gross margin31.4%
Net margin10.1%-2.3pp

Returns & leverage

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Return on equity18.5%-5.6pp
Debt / equity2.1×-0.3×

Where this comes from

Calculated from Deere & Company’s reported figures.

Based on trailing twelve months.

The official record: Deere & Company’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Deere & Company's interest coverage?
Deere & Company (DE) reported interest coverage of 3.1× in Q1 2026.
How has Deere & Company's interest coverage changed year-over-year?
Deere & Company's interest coverage decreased by 2.5% year-over-year, from 3.1× to 3.1×.
What is the long-term trend for Deere & Company's interest coverage?
Over 4 years (2021 to 2025), Deere & Company's interest coverage has grown at a -18.5% compound annual growth rate (CAGR), from 28.1× to 12.4×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.