greeksoup/ stocks
Stocks / United States / DE · Farm Machinery & Equipment · NYSE

Deere & Co. (DE)

Compare with another name

Deere & Co. (DE) reported revenue of $12.6 billion for Q3 FY2026, the quarter ended 2 August 2026, up 4.9% on the same quarter a year earlier. Net income was $1.4 billion, up 7.0% on the year, and diluted earnings per share $5.10. The figures are the company's own, from the 10-Q it filed with the SEC on 27 August 2026.

Revenue$12.6 billionup 4.9%
Net income$1.4 billionup 7.0%
Diluted EPS$5.10
QuarterQ3 FY2026ended 2 August 2026

Ratios

From the filings

ROE17.4%
ROCE23.0%
Operating margin13.4%
Net margin10.2%
FCF margin12.5%
Interest cover2.22
Debt to equity1.78
Cash conversion1.49
Share count, 1 year-0.3%
Sales CAGR, 3 years-4.6%
Profit CAGR, 3 years-11.0%
EPS, TTM$17.99

At the close of 21 September 2026

Price$684.73
Market cap$184.6 billion
Stock P/E38.06
Price to book6.60
EV / EBITDA20.00
Dividend yield0.9%
Market cap / sales3.85
52-week high$698.37
52-week low$439.11
Price, 1 year45.8%
Price CAGR, 3 years21.6%
Price CAGR, 5 years15.0%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Deere & Co. files it, at the balance sheet of 31 October 2021, the latest that carries it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on DE

Filings23 in twelve months: 12 current reports (8-K), about 6 regulation fd disclosure; 5 officer or director change; 4 results of operations; 2 other events; 1 shareholder vote
Planned insider sales7 Form 144 notices in twelve months, $56.9 million; latest 31 August 2026
Options tapeput/call 1.19 by open interest on 23 September 2026; the straddle prices a 2.4% move to 25 September 2026
Holders13 of the followed funds hold it; largest FMR LLC; 2 Schedule 13D or 13G filings in twelve months
Insider trading27 sales and 0 purchases on Form 4 in twelve months
Congress2 House trades disclosed in six months
Short interest5.3 million shares short, 3.58 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue15,41112,18515,23513,15211,1448,50812,76312,01812,3959,61113,36912,608
R&D607533565567625526549556680554583567
SG&A1,2031,0661,2651,2781,2319721,1971,2171,2779721,2091,220
Operating income3,0262,2153,1172,3551,5198952,3371,6001,4258362,2931,882
Operating margin20%18%20%18%14%11%18%13%11%9%17%15%
Interest expense782802836840870829784794763719712710
Pre-tax income3,0722,2153,1172,3551,5198952,3371,6001,4258362,2931,882
Tax rate23%21%24%27%16%3%23%21%25%23%23%28%
Net income2,3691,7512,3701,7341,2458691,8041,2891,0656561,7731,379
Net margin15%14%16%13%11%10%14%11%9%7%13%11%
Diluted EPS$8.23$6.23$8.53$6.29$4.57$3.19$6.64$4.75$3.92$2.42$6.55$5.10
Operating cash flow5,693-9081,8523,1955,092-1,1321,7002,8963,995-8901,9322,208
Capital expenditure611362357324597352203297508256195265
Free cash flow5,082-1,2701,4952,8714,495-1,4841,4972,5993,487-1,1461,7371,943
Buybacks2,5531,3281,0948057804413972982.0302198197
Dividends paid362386410406403403440439438441437438
Shares outstanding282m278m276m274m272m271m271m270m270m270m270m270m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014FY2015FY2016FY2017 FY2018 FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue36,06728,86326,64429,73837,35839,25835,54044,02452,57761,25151,71645,68447,983
Cost of revenue24,77620,14318,24919,934n/an/an/an/an/an/an/an/an/a
Gross profit11,2918,7208,3959,804n/an/an/an/an/an/an/an/an/a
Gross margin31.3%30.2%31.5%33.0%n/an/an/an/an/an/an/an/an/a
Research and development1,4521,4251,3891,3731,6581,7831,6441,5871,9122,1772,2902,3112,384
Selling, general and administrative3,2842,8732,7643,0983,4563,5513,4773,3833,8634,5954,8404,6634,678
Operating income5,2183,1402,5893,5744,4764,4154,3058,0129,50812,9589,0396,2576,436
Operating margin14.5%10.9%9.7%12.0%12.0%11.2%12.1%18.2%18.1%21.2%17.5%13.7%13.4%
Interest expense6646807649001,2041,4661,2479931,0622,4533,3483,1702,904
Pre-tax income4,7972,7802,2243,1544,0714,0883,8837,6029,12713,0199,2066,2576,436
Income tax1,6268407009711,7278521,0821,6582,0072,8712,0941,2591,597
Effective tax rate33.9%30.2%31.5%30.8%42.4%20.8%27.9%21.8%22.0%22.1%22.7%20.1%24.8%
Net income3,1621,9401,5242,1592,3683,2532,7515,9637,13110,1667,1005,0274,873
Net margin8.8%6.7%5.7%7.3%6.3%8.3%7.7%13.5%13.6%16.6%13.7%11.0%10.2%
Diluted EPS$8.63$5.77$4.81$6.68$7.24$10.15$8.69$18.99$23.28$34.63$25.62$18.50$17.99
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014FY2015FY2016FY2017 FY2018 FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flown/a3,759n/a2,2001,8203,4127,4837,7264,6998,5899,2317,4597,245
Capital expenditure1,0486946445958961,1208208481,1341,4981,6401,3601,224
Free cash flown/a3,065n/a1,6059242,2926,6636,8783,5657,0917,5916,0996,021
Free cash flow marginn/a10.6%n/a5.4%2.5%5.8%18.7%15.6%6.8%11.6%14.7%13.4%12.5%
Depreciation and amortisation1,3061,3821,5601,7161,9272,0192,1182,0501,8952,0042,1182,2292,348
Share-based compensation78.566.170.668.184.082.081.082.085.0130208151163
Buybacks2,7312,7712056.09581,2537502,5383,5977,2164,0071,138699
Dividends paid7868167617648069439561,0401,3131,4271,6051,7201,754
Dividend per share$2.22$2.40$2.40$2.40$2.58$3.04$3.04$3.61$4.36$5.05$5.88$6.48n/a
Diluted shares, weighted366m336m317m323m327m321m317m314m306m294m277m272m271m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/a282m272m270m270m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014FY2015FY2016FY2017 FY2018 FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Total assets61,33657,88357,98165,78670,10873,01175,09184,11490,030104,087107,320105,996107,607
Cash and equivalents3,7874,1624,3369,3353,9043,8577,0668,0174,7747,4587,3248,2768,928
Inventory4,210n/a3,3403,9046,1495,9754,9996,7818,4958,1607,0937,4067,811
Goodwill7917268161,0333,1012,9173,0813,2913,6873,9003,9594,1884,466
Long-term debt24,381n/an/a25,89127,23730,22932,73432,888n/an/an/an/an/a
Finance lease liabilitiesn/an/an/an/an/an/a39.038.030.049.072.073.0n/a
Shareholders' equity9,0636,7586,5209,55711,28811,41312,93718,43120,26221,78522,83625,95027,990
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded4.7%5.2%-4.6%8.0%
Profit growth, compounded10.0%12.8%-11.0%-6.4%
Return on equity, average28.1%32.9%32.4%19.4%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Filings

FilingPeriodFiledWhere
10-Q2 August 202627 August 2026EDGAR
10-Q3 May 202628 May 2026EDGAR
10-Q1 February 202626 February 2026EDGAR
10-K2 November 202518 December 2025EDGAR
10-Q27 July 202528 August 2025EDGAR
10-Q27 April 202529 May 2025EDGAR
10-Q26 January 202527 February 2025EDGAR
10-K27 October 202412 December 2024EDGAR
10-Q28 July 202429 August 2024EDGAR
10-Q28 April 202430 May 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install