Deere (DE) vs Eaton (ETN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Deere (DE) has outperformed Eaton (ETN) over the past year, gaining 42.3% versus a gain of 15.7%. Over five years, ETN leads with a +167.2% price change compared with +97.4% for DE. Deere is the larger company by market cap ($177.11 billion vs $167.53 billion), about 1.1 times the size, while Eaton is growing revenue faster (+10.3% vs -11.7%).
On valuation, Eaton trades at a lower forward P/E (26.5x vs 28.9x for Deere). Eaton offers the higher dividend yield (0.99% vs 0.99%). Eaton converts more of its revenue into profit, with a net margin of 14.9% versus 11.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DE | ETN |
|---|---|---|
| Share price | $656.87 | $431.33 |
| Market cap | $177.11B | $167.53B |
| 1-day change | -3.80% | -3.09% |
| YTD return | +41.09% | +34.79% |
| 1-year return | +42.33% | +15.74% |
| 5-year return | +97.40% | +167.16% |
| P/E ratio (TTM) | 36.51 | 43.88 |
| Forward P/E | 28.92 | 26.55 |
| EPS (TTM) | $17.99 | $9.83 |
| Dividend yield | 0.99% | 0.99% |
| Annual dividend | $6.48 | $4.28 |
| Revenue (latest FY) | $45.68B | $27.45B |
| Revenue growth (YoY) | -11.66% | +10.33% |
| Net income (latest FY) | $5.03B | $4.09B |
| Gross margin | — | 37.59% |
| Net margin | 11.00% | 14.89% |
| 52-week high | $721.22 | $478.00 |
| 52-week low | $433.00 | $311.92 |
| Distance from 52-week high | -8.92% | -9.76% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +5.32% | +11.64% |
| Average volume | 1.20M | 2.08M |
| Shares outstanding | 269.63M | 388.40M |
| Employees | 73,100 | 97,303 |
| Sector | Industrials | Technology |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- DE has outperformed ETN by 26.6 percentage points over the past year.
- Eaton grew revenue faster in its latest fiscal year (+10.33% vs -11.66%).
- The two companies sit in different sectors: Deere in Industrials and Eaton in Technology.
About Deere
DE stock →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.
Industrials · Industrial Machinery/Components · 73,100 employees
About Eaton
ETN stock →Eaton Corporation plc operates as a power management company in the United States, Canada, Latin America, Europe, and the Asia Pacific. It operates through Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility segments.
Technology · Industrial Machinery/Components · 97,303 employees
DE vs ETN FAQ
Which is bigger, Deere or Eaton?
Deere (DE) is larger, with a market capitalization of $177.11B compared with $167.53B for Eaton (ETN).
Which stock has performed better over the past year, DE or ETN?
DE returned +42.33% over the past 12 months, compared with +15.74% for ETN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DE or ETN?
DE has the lower trailing P/E at 36.5, versus 43.9 for ETN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Deere or Eaton?
Eaton has the higher yield at 0.99%, compared with 0.99% for Deere.
Are Deere and Eaton in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.