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Stocks/Industrials/Agricultural & Farm Machinery

Deere &DE

Agricultural & Farm Machinery · Moline, Illinois · In the S&P 500
Solid businessPricier than peers
$675.48+2.35%After hours: $675.48 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 42.7% over 1 year
Deere & over 1 yearDaily close, $, to 30 Oct 2026
$500$600$700Nov2026MarMayJulSep$675.48$500$600$700NovMarJul$675.48
Source: Nasdaq daily closes
Market value$182B
Price to earnings37.5x
Forward P/E32.3x
Dividend yield0.96%
Year to date+45.1%
One year+42.7%
Next earningsNot scheduled
SectorIndustrials
52-week range (closes)
$461.63$709.48

Quality and valuation

How Deere & compares with other industrials stocks. A description, not a recommendation.

Deere & and 7 agricultural & farm machinery peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among industrials companies, priced above most of them.

Deere & trades at 32.3 times the next 12 months of expected earnings, against a median of 21.4x for the 89 industrials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +8.0% vs +8.2%
  • Turns less of its sales into cash: 12.5% vs 13.1%
  • Keeps less of its revenue as profit (net margin): 10.2% vs 13.2%
DE trades at 32.3x forward earnings, above the sector medianForward p/e, Agricultural & Farm Machinery peers
LMT20.6xCAT21.6xUNP22.3xETN24.4xRTX26.8xDE32.3xGE35.7xGEV40.8xSector median 21.4xLMT20.6xCAT21.6xUNP22.3xETN24.4xRTX26.8xDE32.3xGE35.7xGEV40.8xSector median 21.4x
Source: CNBC quotes; Mostly Markets
At 37.5x earnings, DE is pricier than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20x30x40xAverage 25.6x2025202637.5x20x30x40xAverage 25.6x2025202637.5x
Source: Nasdaq prices; SEC filings

Financials

From Deere &'s SEC filings, through the quarter ending 2 Aug 2026. Hover or tap a bar for its value.

Revenue grew 4.9% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$5bn$10bnQ4 ’24Q2 ’25Q4 ’25$12.6bnQ3 ’26$0bn$5bn$10bnQ4 ’24Q2 ’25Q4 ’25$12.6bnQ3 ’26
Source: SEC filings
Growth sped up to +4.9% last quarterRevenue growth, year on year, %
−20%0%Q4 ’24Q2 ’25Q4 ’254.9%Q3 ’26−20%0%Q4 ’24Q2 ’25Q4 ’254.9%Q3 ’26
Source: SEC filings
Free cash flow was $6.0 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$1.9bnQ3 ’26$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$1.9bnQ3 ’26
Source: SEC filings
Diluted EPS was $5.10 last quarterQuarterly diluted earnings per share, $
$0$2$4$6Q4 ’24Q2 ’25Q4 ’25$5.10Q3 ’26$0$2$5Q4 ’24Q2 ’25Q4 ’25$5.10Q3 ’26
Source: SEC filings
Last 12 monthsDESector median
Revenue growth+8.0%+8.2%
Free cash flow margin12.5%13.1%
Price to earnings37.5x25.8x

Stories on Deere &

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Similar companies

Agricultural & Farm Machinery, by market value.

CompanyPriceTodayYTDValue
GEGE Aerospace$301.80−3.59%−2.0%$312B
CATCaterpillar$622.75−3.81%+8.7%$286B
RTXRTX$199.80+0.20%+8.9%$270B
GEVGE Vernova$857.87−3.38%+31.3%$227B
UNPUnion Pacific$304.00+0.69%+31.4%$181B
LMTLockheed Martin$636.95−1.03%+31.7%$147B
ETNEaton$369.97−6.03%+16.2%$144B
BABoeing$171.55−0.64%−21.0%$136B