deere & co. - DE

DE

Close Chg Chg %
437.42 9.31 2.13%

Closed Market

446.73

+9.31 (2.13%)

Volume: 2.20M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: deere & co. - DE

DE Key Data

Open

$435.93

Day Range

432.21 - 447.50

52 Week Range

340.20 - 447.50

Market Cap

$119.71B

Shares Outstanding

273.60M

Public Float

253.38M

Beta

0.93

Rev. Per Employee

N/A

P/E Ratio

17.08

EPS

$25.70

Yield

134.39%

Dividend

$1.47

EX-DIVIDEND DATE

Sep 30, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.29M

 

DE Performance

1 Week
 
9.67%
 
1 Month
 
7.26%
 
3 Months
 
14.79%
 
1 Year
 
18.19%
 
5 Years
 
149.48%
 

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 51.72B
Industry Trucks/Construction/Farm Machinery Net Income 7.10B
Sector Producer Manufacturing Employees N/A
Fiscal Year-end 10 / 2025
View SEC Filings

DE Valuation

P/E Current 17.078
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 15.849
Price to Sales Ratio 2.176
Price to Book Ratio N/A
Price to Cash Flow Ratio 12.189
Enterprise Value to EBITDA 11.54
Enterprise Value to Sales 3.274
Total Debt to Enterprise Value 0.385

DE Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 6.57
Total Asset Turnover 0.489

DE Liquidity

Current Ratio 0.642
Quick Ratio 0.448
Cash Ratio 0.232

DE Profitability

Gross Margin 40.492
Operating Margin 24.275
Pretax Margin 17.801
Net Margin 13.729
Return on Assets 6.717
Return on Equity 31.824
Return on Total Capital 8.066
Return on Invested Capital 11.241

DE Capital Structure

Total Debt to Total Equity 285.483
Total Debt to Total Capital 74.059
Total Debt to Total Assets 60.746
Long-Term Debt to Equity 189.302
Long-Term Debt to Total Capital 49.108
  • 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 51.72B
Sales Growth
+23.47% +19.67% +16.59% -15.53%
Cost of Goods Sold (COGS) incl D&A
30.29B 37.17B 37.72B 30.77B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
2.05B 1.90B 2.00B 2.12B
Depreciation
- 1.93B 1.75B 1.83B
Amortization of Intangibles
- 116.00M 145.00M 169.00M
COGS Growth
+19.43% +22.72% +1.49% -18.42%
Gross Income
13.59B 15.34B 23.50B 20.94B
Gross Income Growth
+33.53% +12.88% +53.17% -10.88%
Gross Profit Margin
+30.97% +29.22% +38.38% +40.49%
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 1.26B
Unusual Expense
- 564.00M 672.00M 393.00M
EBIT after Unusual Expense
8.24B 9.11B 14.94B 12.55B
Non Operating Income/Expense
- 120.00M 23.00M 91.00M
Non-Operating Interest Income
- 41.00M 14.00M 29.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
758.00M 8.00M 2.01B 3.35B
Interest Expense Growth
-55.93% -98.94% +25,062.50% +66.32%
Gross Interest Expense
763.00M 12.00M 2.01B 3.35B
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% +17.80%
Income Tax
1.66B 2.01B 2.87B 2.09B
Income Tax - Current - Domestic
- 1.08B 650.00M 2.19B
Income Tax - Current - Foreign
- 1.02B 1.42B 1.47B
Income Tax - Deferred - Domestic
- (348.00M) 53.00M (550.00M)
Income Tax - Deferred - Foreign
- (93.00M) (119.00M) (240.00M)
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% +13.73%
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 25.62
EPS (Diluted) Growth
+118.55% +22.59% +48.73% -26.01%
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% -15.38%
EBITDA Margin
+24.74% +22.24% +28.32% +28.37%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 451.55
Number of Ratings 25 Current Quarters Estimate 3.439
FY Report Date 01 / 2025 Current Year's Estimate 20.272
Last Quarter’s Earnings 4.55 Median PE on CY Estimate N/A
Year Ago Earnings 25.62 Next Fiscal Year Estimate 23.143
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 17 17 20 18
Mean Estimate 3.44 5.94 20.27 23.14
High Estimates 5.17 7.90 26.75 27.56
Low Estimate 2.78 4.70 18.45 19.75
Coefficient of Variance 20.38 11.93 10.02 9.53

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 8 8
OVERWEIGHT 4 4 4
HOLD 11 11 12
UNDERWEIGHT 2 2 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Deere & Co. - DE

Date Name Shares Transaction Value
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
Jun 25, 2024 Cory J. Reed Pres Ag & Turf, Prod & Prec Ag 55,012 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $148.14 per share 8,149,477.68
Jun 4, 2024 Joshua A. Jepsen Sr VP & CFO 6,288 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 $374.76 per share 2,356,490.88
Jun 4, 2024 Jahmy J. Hindman Sr VP & Chief Technology Offcr 5,870 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 $374.76 per share 2,199,841.20
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 Sherry M. Smith Director 13,271 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 Clayton M. Jones Director 21,493 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 Dmitri Lysander Stockton Director 8,415 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 7, 2024 Tamra A. Erwin Director 2,539 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
Mar 7, 2024 Sheila G. Talton Director 8,415 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 15, 2023 Rajesh Kalathur President, JD Financial & CIO 73,985 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 15, 2023 Mary K. W. Jones Sr VP, General Counsel & PA 72,072 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 $363.67 per share 26,210,424.24
Dec 15, 2023 Mary K. W. Jones Sr VP, General Counsel & PA 75,592 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 15, 2023 Deanna M Kovar Pres Ag & Turf, Sml Ag & Turf 2,412 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 $363.67 per share 877,172.04

Deere & Co. in the News