DEER Stock Overview

Engages in the manufacture and distribution of various equipment worldwide. More details

DEER fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	2/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 33.5% below our estimate of its fair value

Earnings are forecast to grow 4.42% per year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

My Notes

Capture your thoughts, links and company narrative

Deere & Company Competitors

Ag Growth International

TSX:AFN

CA$776.4m

WSP Global

TSX:WSP

CA$32.2b

AtkinsRéalis Group

TSX:ATRL

CA$13.3b

Stantec

TSX:STN

CA$12.8b

Price History & Performance

Summary of share price highs, lows and changes for Deere
Historical stock prices
Current Share Price	US$24.25
52 Week High	US$25.06
52 Week Low	US$18.42
Beta	0.99
1 Month Change	4.93%
3 Month Change	11.14%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	13.26%

Recent updates

Shareholder Returns

	DEER	CA Machinery	CA Market
7D	5.7%	2.7%	2.6%
1Y	n/a	-18.6%	17.7%

Return vs Industry: Insufficient data to determine how DEER performed against the Canadian Machinery industry.

Return vs Market: Insufficient data to determine how DEER performed against the Canadian Market.

Price Volatility

Is DEER's price volatile compared to industry and market?
DEER volatility
DEER Average Weekly Movement	4.6%
Machinery Industry Average Movement	9.8%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	18.5%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: DEER has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: DEER's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1837	55,524	John May	www.deere.com

Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides large and mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery for grain growers, and related attachments and service parts.

Deere & Company Fundamentals Summary

How do Deere's earnings and revenue compare to its market cap?
DEER fundamental statistics
Market cap	CA$177.50b
Earnings (TTM)	CA$10.16b
Revenue (TTM)	CA$73.74b

17.5x

P/E Ratio

2.4x

P/S Ratio

Is DEER overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DEER income statement (TTM)
Revenue	US$51.53b
Cost of Revenue	US$30.74b
Gross Profit	US$15.20b
Other Expenses	US$8.10b
Earnings	US$7.10b

Last Reported Earnings

Oct 27, 2024

Next Earnings Date

Feb 13, 2025

Earnings per share (EPS)	26.07
Gross Margin	29.50%
Net Profit Margin	13.78%
Debt/Equity Ratio	286.4%

How did DEER perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

23%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/21 06:29
End of Day Share Price	2025/01/17 00:00
Earnings	2024/10/27
Annual Earnings	2024/10/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Deere & Company is covered by 58 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John Eade	Argus Research Company
Igor Maryasis	Avondale Partners
Mircea Dobre	Baird