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Deere & Company DE Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Net margin10.1%-0.2pp10.3%-0.7pp11%-0.7pp11.7%-0.7pp12.4%-0.5pp
EBITDA margin24.2%-0.5pp24.6%-0.9pp25.5%-1.1pp26.6%-1.1pp27.7%-0.2pp
Free cash flow margin14.1%+0.3pp13.8%+0.4pp13.4%-2.6pp16%-0.2pp16.2%+0.8pp
Returns
Return on equity18.5%-1.2pp19.7%-0.9pp20.6%-1.0pp21.6%-2.5pp24.1%-3.8pp
Return on assets4.5%-0.2pp4.7%-0.1pp4.7%-0.1pp4.8%-0.5pp5.3%-0.7pp
Return on invested capital9.2%-0.4pp9.6%-0.6pp10.2%-0.3pp10.5%-0.5pp11%-1.1pp
Efficiency
Asset turnover0.4×0.0×0.5×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Leverage
Debt-to-equity2.1×0.0×2.1×-0.1×2.2×-0.1×2.4×-0.1×2.4×-0.1×
Debt-to-assets0.5×0.0×0.5×0.0×0.5×0.0×0.6×0.0×0.6×0.0×
Net debt / EBITDA4.4×+0.1×4.3×+0.1×4.2×0.0×4.3×+0.2×+0.3×
Interest coverage3.1×0.0×+0.1×0.0×2.9×-0.2×3.1×-0.2×
Per Share
Book value per share$101.20+4.2%$97.08+1.6%$95.51+3.0%$92.76+3.8%$89.36+8.2%
Valuation
Market capitalization$146.35B-14.3%$170.7B+35.9%$125.57B-3.0%$129.39B-6.3%$138.02B+5.8%
Enterprise value$196.68B-10.8%$220.42B+25.9%$175.06B-2.8%$180.13B-4.7%$189.07B+4.7%
Price / earnings30.6×-4.9×35.5×+10.5×25×+0.1×24.8×+0.4×24.4×+3.4×
Price / sales3.1×-0.6×3.6×+0.9×2.7×-0.2×2.9×-0.1×+0.3×
Price / book5.3×-1.2×6.5×+1.7×4.8×-0.3×5.1×-0.5×5.7×-0.1×
EV / EBITDA17.2×-1.9×19.1×+4.1×15×-0.2×15.2×+0.2×15×+1.5×
EV / sales4.2×-0.6×4.7×+0.9×3.8×-0.2×4.1×-0.1×4.1×+0.4×
Free cash flow yield4.6%+0.8pp3.8%-1.1pp4.9%-0.6pp5.5%+0.1pp5.3%-0.3pp
Earnings yield3.3%+0.4pp2.8%-1.2pp4%0.0pp4%-0.1pp4.1%-0.7pp
Dividend yield1.2%+0.2pp1%-0.3pp1.4%+0.1pp1.3%+0.1pp1.2%0.0pp

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Questions, answered.

Where do Deere & Company's ratios come from?
Every ratio is computed from Deere & Company's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.