Obermatt

Deere & Company

NYQ:DE · US2441991054
MachineryXX-Large

360

2
EV / EBIT8
Price / Owner Earnings9
Owner Earnings Yield6
Dividend Yield75
Price/Sales25
EV / Gross Profit12
Price/Book14
Return on Capital10
Cash Return on Capital6
Return on Equity60
EBIT Margin43
Gross Profitability11
Cash Conversion78
Accruals66
Owner Earnings Margin18
Sales growth50
Profit Growth93
Long-Term EPS Growth69
Owner Earnings Growth32
Reinvestment22
Price momentum38
Debt load8
Refinancing77
Debt Payback1
Liquidity88
Analyst ratings47
Opinion Changes50
Price Target Upside50
Market mood43
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Deere & Company clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryMachinery
SizeXX-Large
TypePublic Company
ExchangeNYSE
Founded1958
Employees34,437
Websitedeere.com
ISINUS2441991054
Last UpdateApr 2, 2026
Themes
Industrial AutomationFleet ManagementLivestockProcess AutomationAgriTechFarmingForestry

Description

Deere & Company and its subsidiaries (John Deere) engages in the production of agricultural, turf, construction, and forestry equipment and solutions. Segments The company operates through Production and Precision Agriculture (PPA), Small Agricultu…

Analysis

Hope premium

Deere & Company is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium.

On valuation, the picture is expensive. The owner-earnings multiple stands at 57.0×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 20% a year, against analyst forecasts of 15%. The gap between price and consensus is worth watching: demanding expectations.

Growth is tepid; the safety picture is fragile. The company scores 8/20 on our value-creation score: creating some value.

Flags to be aware of: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
21
2023202420252026

All-time high

82

Jan 2025

All-time low

17

Mar 2026

Average rank

55

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
25
15
22
35
Price/Earnings
17
15
62
67
Price/Book
14
4
12
26
Dividend Yield
75
68
80
67
Value (overall)
19
7
30
47

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →