deere & co. - DE

DE

Close Chg Chg %
405.11 32.57 8.04%

Closed Market

437.68

+32.57 (8.04%)

Volume: 4.15M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: deere & co. - DE

DE Key Data

Open

$412.75

Day Range

410.96 - 442.05

52 Week Range

340.20 - 442.05

Market Cap

$110.80B

Shares Outstanding

273.60M

Public Float

253.38M

Beta

0.93

Rev. Per Employee

N/A

P/E Ratio

13.82

EPS

$29.43

Yield

145.20%

Dividend

$1.47

EX-DIVIDEND DATE

Sep 30, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.08M

 

DE Performance

1 Week
 
1.51%
 
1 Month
 
-0.73%
 
3 Months
 
6.24%
 
1 Year
 
9.39%
 
5 Years
 
130.90%
 

DE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 25
Full Ratings ➔

About deere & co. - DE

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts. The Construction and Forestry segment offers machines and service parts used in construction, earthmoving, road building, material handling and timber harvesting. The Financial Services segment finances sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment. The company was founded by John Deere in 1837 and is headquartered in Moline, IL.

DE At a Glance

Deere & Co.
One John Deere Place
Moline, Illinois 61265-8098
Phone 1-309-765-8000 Revenue 61.22B
Industry Trucks/Construction/Farm Machinery Net Income 10.17B
Sector Producer Manufacturing 2023 Sales Growth 16.589%
Fiscal Year-end 10 / 2024 Employees 83,000
View SEC Filings

DE Valuation

P/E Current 13.818
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 10.43
Price to Sales Ratio 1.732
Price to Book Ratio 4.668
Price to Cash Flow Ratio 12.345
Enterprise Value to EBITDA 9.31
Enterprise Value to Sales 2.637
Total Debt to Enterprise Value 0.395

DE Efficiency

Revenue/Employee 737,602.41
Income Per Employee 122,481.928
Receivables Turnover 1.731
Total Asset Turnover 0.631

DE Liquidity

Current Ratio 1.264
Quick Ratio 1.066
Cash Ratio 0.205

DE Profitability

Gross Margin 38.382
Operating Margin 25.047
Pretax Margin 21.266
Net Margin 16.605
Return on Assets 10.474
Return on Equity 48.355
Return on Total Capital 11.893
Return on Invested Capital 17.816

DE Capital Structure

Total Debt to Total Equity 292.366
Total Debt to Total Capital 74.514
Total Debt to Total Assets 61.191
Long-Term Debt to Equity 176.622
Long-Term Debt to Total Capital 45.014
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Deere & Co. - DE

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
35.54B 43.88B 52.51B 61.22B
Sales Growth
-9.47% +23.47% +19.67% +16.59%
Cost of Goods Sold (COGS) incl D&A
25.36B 30.29B 37.17B 37.72B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
2.12B 2.05B 1.90B 2.00B
Depreciation
2.02B 1.93B 1.75B 1.83B
Amortization of Intangibles
102.00M 116.00M 145.00M 169.00M
COGS Growth
-10.25% +19.43% +22.72% +1.49%
Gross Income
10.18B 13.59B 15.34B 23.50B
Gross Income Growth
-7.48% +33.53% +12.88% +53.17%
Gross Profit Margin
+28.64% +30.97% +29.22% +38.38%
2020 2021 2022 2023 5-year trend
SG&A Expense
5.12B 4.97B 5.78B 6.77B
Research & Development
1.64B 1.59B 1.91B 2.18B
Other SG&A
3.47B 3.38B 3.86B 4.59B
SGA Growth
-4.07% -2.87% +16.20% +17.26%
Other Operating Expense
- (183.00M) (218.00M) 1.39B
Unusual Expense
(537.00M) 564.00M 672.00M 393.00M
EBIT after Unusual Expense
5.60B 8.24B 9.11B 14.94B
Non Operating Income/Expense
5.00M 120.00M 23.00M 91.00M
Non-Operating Interest Income
26.00M 41.00M 14.00M 29.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
1.72B 758.00M 8.00M 2.01B
Interest Expense Growth
-15.19% -55.93% -98.94% +25,062.50%
Gross Interest Expense
1.73B 763.00M 12.00M 2.01B
Interest Capitalized
- 9.00M 5.00M 4.00M
Pretax Income
3.88B 7.60B 9.13B 13.02B
Pretax Income Growth
-5.01% +95.78% +20.06% +42.64%
Pretax Margin
+10.93% +17.33% +17.38% +21.27%
Income Tax
1.08B 1.66B 2.01B 2.87B
Income Tax - Current - Domestic
453.00M 1.08B 650.00M 2.19B
Income Tax - Current - Foreign
640.00M 1.02B 1.42B 1.47B
Income Tax - Deferred - Domestic
(59.00M) (348.00M) 53.00M (550.00M)
Income Tax - Deferred - Foreign
48.00M (93.00M) (119.00M) (240.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.75B 5.96B 7.13B 10.15B
Minority Interest Expense
2.00M 2.00M (1.00M) (11.00M)
Net Income
2.75B 5.96B 7.13B 10.17B
Net Income Growth
-15.43% +116.76% +19.59% +42.56%
Net Margin Growth
+7.74% +13.59% +13.58% +16.61%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.75B 5.96B 7.13B 10.17B
Preferred Dividends
- - - -
-
Net Income Available to Common
2.75B 5.96B 7.13B 10.17B
EPS (Basic)
8.7751 19.1367 23.4187 34.7912
EPS (Basic) Growth
-14.62% +118.08% +22.38% +48.56%
Basic Shares Outstanding
313.50M 311.60M 304.50M 292.20M
EPS (Diluted)
8.6892 18.9904 23.2811 34.6253
EPS (Diluted) Growth
-14.36% +118.55% +22.59% +48.73%
Diluted Shares Outstanding
316.60M 314.00M 306.30M 293.60M
EBITDA
7.18B 10.85B 11.68B 17.34B
EBITDA Growth
-6.60% +51.19% +7.60% +48.45%
EBITDA Margin
+20.20% +24.74% +22.24% +28.32%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 422.70
Number of Ratings 25 Current Quarters Estimate 4.282
FY Report Date 01 / 2025 Current Year's Estimate 21.578
Last Quarter’s Earnings 3.83 Median PE on CY Estimate N/A
Year Ago Earnings 24.968 Next Fiscal Year Estimate 24.469
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 14 14 21 17
Mean Estimate 4.28 6.75 21.58 24.47
High Estimates 5.21 7.90 26.75 29.90
Low Estimate 3.47 5.30 18.34 19.96
Coefficient of Variance 14.21 10.58 8.77 9.57

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 8 8
OVERWEIGHT 4 4 4
HOLD 11 11 12
UNDERWEIGHT 2 2 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Deere & Co. - DE

Date Name Shares Transaction Value
Jun 25, 2024 Cory J. Reed Pres Ag & Turf, Prod & Prec Ag N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 25, 2024 Cory J. Reed Pres Ag & Turf, Prod & Prec Ag 41,642 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $377.63 per share 15,725,268.46
Jun 25, 2024 Cory J. Reed Pres Ag & Turf, Prod & Prec Ag 55,012 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $148.14 per share 8,149,477.68
Jun 4, 2024 Joshua A. Jepsen Sr VP & CFO 6,288 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $374.76 per share 2,356,490.88
Jun 4, 2024 Jahmy J. Hindman Sr VP & Chief Technology Offcr 5,870 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $374.76 per share 2,199,841.20
May 2, 2024 Kellye L. Walker Snr VP, CLO & WWPA 5,798 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Sherry M. Smith Director 13,271 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Gregory R. Page Director 11,121 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Clayton M. Jones Director 21,493 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Laurence Neil Hunn Director 678 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Dmitri Lysander Stockton Director 8,415 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Michael O. Johanns Director 8,931 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2024 Tamra A. Erwin Director 2,539 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2024 Leanne G. Caret Director 1,412 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2024 Alan C. Heuberger Director 6,304 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2024 Sheila G. Talton Director 8,415 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 15, 2023 Rajesh Kalathur President, JD Financial & CIO 73,985 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 15, 2023 Mary K. W. Jones Sr VP, General Counsel & PA 72,072 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $363.67 per share 26,210,424.24
Dec 15, 2023 Mary K. W. Jones Sr VP, General Counsel & PA 75,592 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 15, 2023 Deanna M Kovar Pres Ag & Turf, Sml Ag & Turf 2,412 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $363.67 per share 877,172.04

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