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Deere & Company DE Net debt / EBITDA

Net debt / EBITDA at other companies

Caterpillar logo
CaterpillarCAT
+0.3×
Textron logo
TextronTXT
-0.7×+0.3×
Corteva logo
CortevaCTVA
-0.5×
Tractor Supply Company logo
Tractor Supply CompanyTSCO
3.2×+0.3×
Paccar logo
PaccarPCAR
0.0×
Ford Motor Company logo
Ford Motor CompanyF
-1.9×+0.3×

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 the most recent quarter.

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 net debt / EBITDA?
Deere & Company (DE) reported net debt / EBITDA of 4.4× in Q1 2026.
How has Deere & Company's net debt / EBITDA changed year-over-year?
Deere & Company's net debt / EBITDA increased by 8.5% year-over-year, from 4× to 4.4×.
What is the long-term trend for Deere & Company's net debt / EBITDA?
Over 4 years (2021 to 2025), Deere & Company's net debt / EBITDA has grown at a 2.0% compound annual growth rate (CAGR), from 15.1× to 16.3×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.