Deere & Co.

Deere & Co.

DE

Market Cap$130.79B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Deere & Co.Deere & Co.18.71.26%32%2.70.6

Earnings Call Q1 2025

February 13, 2025 - AI Summary

Decline in Earnings and Sales: Deere & Company reported a 30% decline in net sales to $8.508 billion for the first quarter, with equipment operations sales down 35% to $6.809 billion. Net income was $869 million, or $3.19 per diluted share, which reflects a year-over-year decrease, impacting overall performance significantly.
Forecast for Production and Precision Ag: The forecast for production and precision agriculture net sales is now projected to decline between 15% and 20% for the full year, primarily due to a stronger dollar affecting currency translation. The segment is expected to maintain an operating margin between 16% and 17%.
Outlook for Agriculture and Turf Markets: The US and Canada large ag equipment industry sales are expected to decrease approximately 30% due to macroeconomic uncertainties, elevated interest rates, and higher used inventory levels. Small ag and turf industry demand is anticipated to remain down around 10%. Positive influence from government support and improved farm net income may provide some insulation from further declines.

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$218.65

Current Fair Value

57.1% downside

Overvalued by 57.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$130.79 Billion
Enterprise Value$137.00 Billion
Dividend Yield$6.03 (1.25567448252884%)
Earnings per Share$25.72
Beta0.94
Outstanding Shares276,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio18.67
PEG-39.35
Price to Sales2.74
Price to Book Ratio6.29
Enterprise Value to Revenue2.67
Enterprise Value to EBIT10.96
Enterprise Value to Net Income19
Total Debt to Enterprise0.09
Debt to Equity0.57

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Deere & Co.

74,412 employees
CEO: John May

Deere & Company is a world leader in providing advanced products, technology and services for customers whose work is revolutionizing agriculture and construction - those who cultivate, harvest, transform, enrich and build upon the land ...