Deere & Company, together with its subsidiaries, manufactures and distributes various equipment worldwide. More Details
Adequate balance sheet average dividend payer.
Share Price & News
How has Deere's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: DE's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: DE exceeded the US Machinery industry which returned 21.7% over the past year.
Return vs Market: DE exceeded the US Market which returned 19.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Deere's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StDoes Deere (NYSE:DE) Have A Healthy Balance Sheet?
2 weeks ago | Simply Wall StAre Deere's (NYSE:DE) Statutory Earnings A Good Reflection Of Its Earnings Potential?
3 weeks ago | Simply Wall StHere's What We Like About Deere's (NYSE:DE) Upcoming Dividend
Is Deere undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DE ($294.99) is trading above our estimate of fair value ($274.13)
Significantly Below Fair Value: DE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DE is poor value based on its PE Ratio (33.6x) compared to the US Machinery industry average (32.9x).
PE vs Market: DE is poor value based on its PE Ratio (33.6x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: DE is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: DE is overvalued based on its PB Ratio (7.2x) compared to the US Machinery industry average (3x).
How is Deere forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DE's forecast earnings growth (20.8% per year) is above the savings rate (2%).
Earnings vs Market: DE's earnings (20.8% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DE's revenue (5.2% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: DE's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DE's Return on Equity is forecast to be high in 3 years time (30.6%)
How has Deere performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DE has high quality earnings.
Growing Profit Margin: DE's current net profit margins (7.7%) are lower than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: DE's earnings have grown by 15.5% per year over the past 5 years.
Accelerating Growth: DE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DE had negative earnings growth (-15.4%) over the past year, making it difficult to compare to the Machinery industry average (-15.5%).
Return on Equity
High ROE: Whilst DE's Return on Equity (21.27%) is high, this metric is skewed due to their high level of debt.
How is Deere's financial position?
Financial Position Analysis
Short Term Liabilities: DE's short term assets ($53.4B) exceed its short term liabilities ($23.2B).
Long Term Liabilities: DE's short term assets ($53.4B) exceed its long term liabilities ($39.0B).
Debt to Equity History and Analysis
Debt Level: DE's debt to equity ratio (355.6%) is considered high.
Reducing Debt: DE's debt to equity ratio has reduced from 546.3% to 355.6% over the past 5 years.
Debt Coverage: DE's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: DE's interest payments on its debt are well covered by EBIT (16.3x coverage).
What is Deere current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DE's dividend (1.03%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: DE's dividend (1.03%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: DE's dividends per share have been stable in the past 10 years.
Growing Dividend: DE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.6%), DE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DE's dividends in 3 years are forecast to be well covered by earnings (21.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John May (51 yo)
Mr. John C. May II is Chairman of the Board of Directors and Chief Executive Officer of Deere & Company since November 2019 and May 2020 respectively. He was named President & Chief Operating Officer earli...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD15.59M) is above average for companies of similar size in the US market ($USD10.55M).
Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Senior VP & CFO||1.75yrs||US$5.62m||0.0013% |
|Chief Information Officer||2.17yrs||US$6.51m||0.016% |
|Chief Legal Officer||8yrs||US$6.40m||0.014% |
|President of Worldwide Ag & Turf Division||1.75yrs||US$6.19m||0.0056% |
|Vice President of Pension Fund & Investments||5.92yrs||no data||no data|
|Chief Technology Officer||0.50yr||no data||no data|
|Group President of Lifecycle Solutions & Chief Administrative Officer||4.17yrs||no data||0.0042% |
|Director of Investor Relations||no data||no data||no data|
|VP & Chief Compliance Officer||5.67yrs||no data||no data|
|Director of Global Public Relations||no data||no data||no data|
|Director of Public Relations||no data||no data||no data|
Experienced Management: DE's management team is considered experienced (2.2 years average tenure).
|Presiding Director||no data||US$314.86k||0.0038% |
|Independent Director||9.08yrs||US$322.55k||0% |
|Independent Director||13.42yrs||US$309.86k||0.00026% |
|Independent Director||8yrs||US$310.83k||0.00035% |
|Independent Director||19yrs||US$346.67k||0.0042% |
|Independent Director||5.08yrs||US$294.86k||0% |
|Independent Director||4.08yrs||US$294.86k||0.000030% |
|Independent Director||6yrs||US$308.19k||0% |
|Independent Director||0.67yr||US$181.10k||0% |
|Independent Director||6yrs||US$294.86k||0% |
Experienced Board: DE's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Deere & Company's company bio, employee growth, exchange listings and data sources
- Name: Deere & Company
- Ticker: DE
- Exchange: NYSE
- Founded: 1837
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Market Cap: US$92.751b
- Shares outstanding: 314.42m
- Website: https://www.deere.com
Number of Employees
- Deere & Company
- One John Deere Place
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DE||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jan 1968|
|DCO||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1968|
|DCO||XTRA (XETRA Trading Platform)||Yes||Common Shares||DE||EUR||Jan 1968|
|DE||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Jan 1968|
|0R2P||LSE (London Stock Exchange)||Yes||Common Shares||GB||USD||Jan 1968|
|DEER||WBAG (Wiener Boerse AG)||Yes||Common Shares||AT||EUR||Jan 1968|
|DCO||ETLX (Eurotlx)||Yes||Common Shares||IT||EUR||Jan 1968|
|DE *||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Jan 1968|
|DE||BASE (Buenos Aires Stock Exchange)||CEDEAR EACH 10 REP 1||AR||ARS||Nov 2002|
|DEEC34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REP 0.5 COM USD1||BR||BRL||May 2019|
Deere & Company, together with its subsidiaries, manufactures and distributes various equipment worldwide. The company operates through three segments: Agriculture and Turf, Construction and Forestry, and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/20 00:06|
|End of Day Share Price||2021/01/19 00:00|
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.