Deere & Company (DE) Stock

About Deere & Company

Deere & Company is a global manufacturer and distributor of a wide range of equipment. The company's operations are organized into four primary business segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment focuses on large-scale farming and advanced agricultural practices, offering medium-sized tractors, various harvesting machinery (including combines, cotton pickers, and sugarcane harvesters), front-end harvesting tools, sugarcane loaders, pull-behind scrapers, and essential tillage and seeding implements. It also supplies specialized application equipment like sprayers and nutrient management systems, along with soil preparation machinery, primarily serving grain growers. The Small Agriculture and Turf segment caters to smaller farming needs and land maintenance. Its product line includes utility tractors along with their complementary loaders and attachments. This segment also provides an extensive selection of turf and utility equipment, suchg as riding and commercial lawnmowers, specialized golf course maintenance machinery, and utility vehicles. Additionally, it offers various implements for tasks like mowing, tilling, snow removal, aerating, and general turf care across residential, commercial, golf, and sports environments, alongside other outdoor power products and hay and forage equipment. This division also resells products from other manufacturers. Its customer base includes dairy and livestock farmers, other crop producers, and general turf and utility clients. The Construction and Forestry segment delivers a comprehensive suite of heavy machinery for construction and logging. This includes earthmoving and roadbuilding equipment such as backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, and asphalt plants. For forestry operations, it supplies log skidders, feller bunchers, log loaders and forwarders, and log harvesters, in addition to various attachments for all its machinery. Lastly, the Financial Services segment provides funding solutions to facilitate the sale and leasing of agriculture and turf, as well as construction and forestry equipment. It extends wholesale financing to dealers stocking these product lines, offers extended equipment warranties, and manages retail revolving charge accounts for end-users. Established in 1837, Deere & Company has its corporate headquarters situated in Moline, Illinois.

Deere & Company is led by CEO John C. May, employs 73,100 people, headquartered in Moline, US, publicly traded since 1972.

Deere & Company (DE) stock trades at $610.95 with a market capitalization of $164.92B. The stock is valued at a price-to-earnings (P/E) ratio of 34.72, price-to-book of 6.04, price-to-sales of 3.53. Over the past 52 weeks the stock has ranged between $433.00 and $674.19, and currently trades 9.4% below its 52-week high. It pays a dividend yielding 1.06%.

On profitability, Deere & Company generates a return on equity (ROE) of 18.35%, above the typical market average, return on capital employed of 32.36%, an operating margin of 18.84%, a net profit margin of 10.21%.

In its most recent fiscal year, Deere & Company reported annual revenue of $44.7B, net profit of $5.0B, revenue has compounded at 5.2% a year over the last five years, profit at 12.8% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 2.34 — a leveraged balance sheet worth monitoring, a current ratio of 0.79, total assets of $106.0B, $8.3B in cash and equivalents.

DE has an average daily trading volume of 1,280,209 shares, a beta of 0.93.

Official website: www.deere.com/en