Narrative Update • Jun 25

In the last week, the Agricultural Machinery industry is up 5.1%, with Deere up 4.7%. This means that the industry has gained 19% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.
Has the U.S. Agricultural Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 01 Jul 2026 | US$205.2b | US$84.7b | US$6.3b | 21.9x | 32.7x | 2.4x |
| Fri, 29 May 2026 | US$176.9b | US$84.6b | US$6.3b | 19.4x | 28.2x | 2.1x |
| Sun, 26 Apr 2026 | US$186.3b | US$83.6b | US$6.4b | 20.2x | 29x | 2.2x |
| Tue, 24 Mar 2026 | US$184.2b | US$83.8b | US$6.4b | 19.5x | 29x | 2.2x |
| Thu, 19 Feb 2026 | US$203.7b | US$82.6b | US$6.6b | 21.1x | 30.7x | 2.5x |
| Sat, 17 Jan 2026 | US$174.7b | US$82.3b | US$6.4b | 22.1x | 27.5x | 2.1x |
| Mon, 15 Dec 2025 | US$162.9b | US$82.4b | US$6.4b | 20.7x | 25.6x | 2x |
| Wed, 12 Nov 2025 | US$159.0b | US$81.0b | US$6.6b | 20.9x | 24.3x | 2x |
| Fri, 10 Oct 2025 | US$158.1b | US$81.3b | US$6.5b | 20.7x | 24.4x | 1.9x |
| Sun, 07 Sep 2025 | US$163.5b | US$81.3b | US$6.5b | 22.7x | 25.2x | 2x |
| Tue, 05 Aug 2025 | US$171.7b | US$82.5b | US$7.0b | 21.5x | 24.5x | 2.1x |
| Thu, 03 Jul 2025 | US$174.8b | US$84.0b | US$6.5b | 23.6x | 26.9x | 2.1x |
| Sat, 31 May 2025 | US$171.9b | US$84.0b | US$6.5b | 20.7x | 26.4x | 2x |
| Mon, 28 Apr 2025 | US$156.2b | US$88.3b | US$7.5b | 18.2x | 20.8x | 1.8x |
| Wed, 26 Mar 2025 | US$165.0b | US$88.3b | US$7.5b | 19.5x | 22.1x | 1.9x |
| Fri, 21 Feb 2025 | US$176.0b | US$88.4b | US$7.5b | 19.6x | 23.5x | 2x |
| Sun, 19 Jan 2025 | US$159.6b | US$94.9b | US$9.5b | 19.3x | 16.8x | 1.7x |
| Tue, 17 Dec 2024 | US$155.1b | US$94.8b | US$9.5b | 20.5x | 16.4x | 1.6x |
| Thu, 14 Nov 2024 | US$140.2b | US$99.2b | US$10.6b | 20x | 13.2x | 1.4x |
| Sat, 12 Oct 2024 | US$144.7b | US$101.4b | US$11.2b | 17.7x | 13x | 1.4x |
| Mon, 09 Sep 2024 | US$135.9b | US$101.4b | US$11.2b | 16.2x | 12.2x | 1.3x |
| Wed, 07 Aug 2024 | US$127.2b | US$104.0b | US$12.3b | 16.3x | 10.4x | 1.2x |
| Fri, 05 Jul 2024 | US$132.9b | US$105.6b | US$13.3b | 10.6x | 10x | 1.3x |
| Sun, 02 Jun 2024 | US$137.2b | US$105.6b | US$13.3b | 10.9x | 10.3x | 1.3x |
| Tue, 30 Apr 2024 | US$146.1b | US$108.8b | US$13.9b | 11.2x | 10.5x | 1.3x |
| Thu, 28 Mar 2024 | US$153.4b | US$108.8b | US$13.9b | 12.7x | 11x | 1.4x |
| Sat, 24 Feb 2024 | US$140.4b | US$109.1b | US$14.0b | 11.4x | 10x | 1.3x |
| Mon, 22 Jan 2024 | US$145.5b | US$109.7b | US$14.2b | 11.4x | 10.3x | 1.3x |
| Wed, 20 Dec 2023 | US$149.2b | US$109.9b | US$14.2b | 11.6x | 10.5x | 1.4x |
| Fri, 17 Nov 2023 | US$144.5b | US$110.2b | US$13.9b | 11.6x | 10.4x | 1.3x |
| Sun, 15 Oct 2023 | US$145.2b | US$108.2b | US$13.8b | 10.5x | 10.5x | 1.3x |
| Tue, 12 Sep 2023 | US$153.3b | US$108.2b | US$13.8b | 11.5x | 11.1x | 1.4x |
| Thu, 10 Aug 2023 | US$169.1b | US$106.6b | US$12.6b | 13.9x | 13.4x | 1.6x |
| Sat, 08 Jul 2023 | US$160.5b | US$105.4b | US$12.3b | 13.3x | 13x | 1.5x |
13x
How does U.S. Agricultural Machinery compare with similar industries?
| US Market | 1.92% | |
| Industrials | 2.63% | |
| Machinery | 4.86% | |
| Agricultural Machinery | 7.45% | |
| Construction Machinery and Vehicles | 5.35% | |
| Industrial Machinery | 3.55% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DE Deere | US$634.33 | 7.2% +US$11.4b | 24.8% | PE35.8x | |
| CNH CNH Industrial | US$11.23 | 12.4% +US$1.5b | -15.9% | PE36.1x | |
| AGCO AGCO | US$119.70 | 7.6% +US$614.0m | 10.8% | PE11.2x | |
| TTC Toro | US$97.42 | 6.9% +US$596.1m | 32.1% | PE27.3x | |
| LNN Lindsay | US$123.80 | 5.4% +US$66.3m | -16.1% | PE21.9x |