Deere Financial Ratios
NYSE: DEIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Deere ratio analysis
Deere earned a net margin of 11.0% in FY 2025, down from 13.7% a year earlier. Return on equity reached 19.4%, meaning Deere generated 0.19 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 0.53 versus 0.59 the year before.
At the end of FY 2025, DE traded at 25.0 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 10.4 to 26.0, with a median of 18.2. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Deere financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 24.95 | 15.92 | 10.43 | 17.05 | 18.03 | 26.00 | 17.35 | 18.37 | 19.95 | 18.31 |
| Price / sales | 2.74 | 2.18 | 1.72 | 2.30 | 2.42 | 1.99 | 1.42 | 1.15 | 1.43 | 1.04 |
| Price / book | 4.82 | 4.93 | 4.84 | 5.96 | 5.79 | 5.47 | 4.88 | 3.80 | 4.45 | 4.26 |
| Gross margin | — | — | — | — | — | — | — | — | 33.0% | 31.5% |
| Operating margin | — | 17.5% | 21.2% | 18.1% | 18.2% | 12.1% | 11.2% | 12.0% | 12.0% | 9.7% |
| Net margin | 11.0% | 13.7% | 16.6% | 13.6% | 13.5% | 7.7% | 8.3% | 6.3% | 7.3% | 5.7% |
| Free cash flow margin | 13.4% | 14.7% | 11.6% | 6.8% | 15.6% | 18.7% | 5.8% | 2.5% | 5.4% | 11.7% |
| Return on equity (ROE) | 19.4% | 31.1% | 46.7% | 35.2% | 32.4% | 21.3% | 28.5% | 21.0% | 22.6% | 23.4% |
| Return on assets (ROA) | 4.7% | 6.6% | 9.8% | 7.9% | 7.1% | 3.7% | 4.5% | 3.4% | 3.3% | 2.6% |
| Debt / equity | 0.53 | 0.59 | 0.82 | 0.62 | 2.38 | 3.19 | 2.65 | 2.41 | 2.71 | — |
| Revenue growth | -11.7% | -15.6% | 16.5% | 19.4% | 23.9% | -9.5% | 5.1% | 25.6% | 11.6% | 0.0% |
| EPS growth | -27.8% | -26.0% | 48.8% | 22.6% | 118.5% | -14.4% | 40.2% | 8.4% | 38.9% | 0.0% |