deere & co. - DE

DE

Close Chg Chg %
439.14 16.40 3.73%

Closed Market

455.54

+16.40 (3.73%)

Volume: 2.32M

Last Updated:

Jan 17, 2025, 3:59 PM EDT

Company Overview: deere & co. - DE

DE Key Data

Open

$447.99

Day Range

443.71 - 457.22

52 Week Range

340.20 - 469.39

Market Cap

$119.59B

Shares Outstanding

272.35M

Public Float

252.10M

Beta

0.99

Rev. Per Employee

N/A

P/E Ratio

17.14

EPS

$25.70

Yield

137.32%

Dividend

$1.62

EX-DIVIDEND DATE

Dec 31, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.24M

 

DE Performance

1 Week
 
11.47%
 
1 Month
 
5.31%
 
3 Months
 
11.43%
 
1 Year
 
19.00%
 
5 Years
 
158.48%
 

DE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 25
Full Ratings ➔

About deere & co. - DE

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts. The Construction and Forestry segment offers machines and service parts used in construction, earthmoving, road building, material handling and timber harvesting. The Financial Services segment finances sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment. The company was founded by John Deere in 1837 and is headquartered in Moline, IL.

DE At a Glance

Deere & Co.
One John Deere Place
Moline, Illinois 61265-8098
Phone 1-309-765-8000 Revenue 51.59B
Industry Trucks/Construction/Farm Machinery Net Income 7.10B
Sector Producer Manufacturing Employees 75,800
Fiscal Year-end 10 / 2025
View SEC Filings

DE Valuation

P/E Current 17.138
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 15.921
Price to Sales Ratio 2.191
Price to Book Ratio 4.854
Price to Cash Flow Ratio 12.245
Enterprise Value to EBITDA 11.596
Enterprise Value to Sales 3.297
Total Debt to Enterprise Value 0.385

DE Efficiency

Revenue/Employee 680,593.668
Income Per Employee 93,667.546
Receivables Turnover 1.462
Total Asset Turnover 0.488

DE Liquidity

Current Ratio 1.393
Quick Ratio 1.199
Cash Ratio 0.232

DE Profitability

Gross Margin 40.326
Operating Margin 24.331
Pretax Margin 17.845
Net Margin 13.763
Return on Assets 6.717
Return on Equity 31.824
Return on Total Capital 8.041
Return on Invested Capital 11.241

DE Capital Structure

Total Debt to Total Equity 286.666
Total Debt to Total Capital 74.138
Total Debt to Total Assets 60.998
Long-Term Debt to Equity 189.302
Long-Term Debt to Total Capital 48.958
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Deere & Co. - DE

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
43.88B 52.51B 61.22B 51.59B
Sales Growth
+23.47% +19.67% +16.59% -15.73%
Cost of Goods Sold (COGS) incl D&A
30.29B 37.17B 37.72B 30.79B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
2.05B 1.90B 2.00B 2.12B
Depreciation
1.93B 1.75B 1.83B 1.95B
Amortization of Intangibles
116.00M 145.00M 169.00M 166.00M
COGS Growth
+19.43% +22.72% +1.49% -18.39%
Gross Income
13.59B 15.34B 23.50B 20.80B
Gross Income Growth
+33.53% +12.88% +53.17% -11.46%
Gross Profit Margin
+30.97% +29.22% +38.38% +40.33%
2021 2022 2023 2024 5-year trend
SG&A Expense
4.97B 5.78B 6.77B 7.13B
Research & Development
1.59B 1.91B 2.18B 2.29B
Other SG&A
3.38B 3.86B 4.59B 4.84B
SGA Growth
-2.87% +16.20% +17.26% +5.29%
Other Operating Expense
(183.00M) (218.00M) 1.39B 1.12B
Unusual Expense
564.00M 672.00M 393.00M (97.00M)
EBIT after Unusual Expense
8.24B 9.11B 14.94B 12.65B
Non Operating Income/Expense
120.00M 23.00M 91.00M 198.00M
Non-Operating Interest Income
41.00M 14.00M 29.00M 127.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
758.00M 8.00M 2.01B 3.64B
Interest Expense Growth
-55.93% -98.94% +25,062.50% +80.87%
Gross Interest Expense
763.00M 12.00M 2.01B 3.64B
Interest Capitalized
- - 5.00M 4.00M
-
Pretax Income
7.60B 9.13B 13.02B 9.21B
Pretax Income Growth
+95.78% +20.06% +42.64% -29.29%
Pretax Margin
+17.33% +17.38% +21.27% +17.84%
Income Tax
1.66B 2.01B 2.87B 2.09B
Income Tax - Current - Domestic
1.08B 650.00M 2.19B 1.51B
Income Tax - Current - Foreign
1.02B 1.42B 1.47B 878.00M
Income Tax - Deferred - Domestic
(348.00M) 53.00M (550.00M) (355.00M)
Income Tax - Deferred - Foreign
(93.00M) (119.00M) (240.00M) 61.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
5.96B 7.13B 10.15B 7.09B
Minority Interest Expense
2.00M (1.00M) (11.00M) (12.00M)
Net Income
5.96B 7.13B 10.17B 7.10B
Net Income Growth
+116.76% +19.59% +42.56% -30.16%
Net Margin Growth
+13.59% +13.58% +16.61% +13.76%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
5.96B 7.13B 10.17B 7.10B
Preferred Dividends
- - - -
-
Net Income Available to Common
5.96B 7.13B 10.17B 7.10B
EPS (Basic)
19.1367 23.4187 34.7912 25.7246
EPS (Basic) Growth
+118.08% +22.38% +48.56% -26.06%
Basic Shares Outstanding
311.60M 304.50M 292.20M 276.00M
EPS (Diluted)
18.9904 23.2811 34.6253 25.6225
EPS (Diluted) Growth
+118.55% +22.59% +48.73% -26.00%
Diluted Shares Outstanding
314.00M 306.30M 293.60M 277.10M
EBITDA
10.85B 11.68B 17.34B 14.67B
EBITDA Growth
+51.19% +7.60% +48.45% -15.39%
EBITDA Margin
+24.74% +22.24% +28.32% +28.44%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 475.10
Number of Ratings 25 Current Quarters Estimate 3.099
FY Report Date 01 / 2025 Current Year's Estimate 19.457
Last Quarter’s Earnings 4.55 Median PE on CY Estimate N/A
Year Ago Earnings 25.62 Next Fiscal Year Estimate 22.433
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 18 18 21 19
Mean Estimate 3.10 5.75 19.46 22.43
High Estimates 3.31 6.55 23.65 27.25
Low Estimate 2.78 5.07 18.35 19.70
Coefficient of Variance 5.33 7.00 5.27 8.71

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 7 7 8
OVERWEIGHT 4 4 4
HOLD 11 11 11
UNDERWEIGHT 3 3 2
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Deere & Co. - DE

Date Name Shares Transaction Value
Dec 17, 2024 Justin R Rose Pres, Life Sol Cust Sup & S.M. 15,030 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $440.44 per share 6,619,813.20
Dec 17, 2024 Jahmy J. Hindman Sr VP & Chief Technology Offcr 7,540 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $440.44 per share 3,320,917.60
Dec 17, 2024 Felecia J. Pryor Sr VP & Chief People Officer 11,448 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $440.44 per share 5,042,157.12
Dec 17, 2024 Deanna M. Kovar Pres Ag & Turf, Sml Ag & Turf 6,607 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $440.44 per share 2,909,987.08
Dec 17, 2024 John C. May Chairman & CEO 139,696 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $440.44 per share 61,527,706.24
Dec 17, 2024 Ryan D. Campbell Pres WWC&F and Pwr Systems 25,840 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $440.44 per share 11,380,969.60
Dec 17, 2024 Rajesh Kalathur President, JD Financial & CIO 74,759 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $440.44 per share 32,926,853.96
Dec 17, 2024 Joshua A. Jepsen Sr VP & CFO 8,177 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $440.44 per share 3,601,477.88
Dec 17, 2024 Cory J. Reed Pres Ag & Turf, Prod & Prec Ag 19,654 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $440.44 per share 8,656,407.76
Jun 25, 2024 Cory J. Reed Pres Ag & Turf, Prod & Prec Ag N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 25, 2024 Cory J. Reed Pres Ag & Turf, Prod & Prec Ag 41,642 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $377.63 per share 15,725,268.46
May 2, 2024 Kellye L. Walker Snr VP, CLO & WWPA 5,798 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Michael O. Johanns Director 8,931 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Gregory R. Page Director 11,121 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Dmitri Lysander Stockton Director 8,415 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Laurence Neil Hunn Director 678 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Clayton M. Jones Director 21,493 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Sherry M. Smith Director 13,271 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2024 Leanne G. Caret Director 1,412 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2024 Alan C. Heuberger Director 6,304 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Deere & Co. in the News