Deere & Company

DE Industrials Farm & Heavy Construction Machinery

Deere & Company’s revenue for fiscal 2025 (year ended October 2025) was $45.7 billion, down 11.7% from fiscal 2024.

Revenue
+4.91%
EPS
+7.35%
Free cash flow
−20.1%
Total debt
−4.22%

Quarter to July 2026, against a year earlier

665.50 11.00 −1.63%
Market cap
$178.9B
P/E
36.9×
Fwd P/E
37.3×
Dividend yield
0.97%
F-score
6/9
Altman Z
2.92
Beneish M
−2.60
Dividend safety
74/100

Deere & Company (DE) Return on invested capital

Alert me on Return on invested capital

Deere & Company's return on invested capital over the twelve months to 31 July 2026 was 4.93%, up 0.0 percentage points from fiscal 2025 (4.88%). Over the past ten years it has ranged from 3.72% (fiscal 2016) to 10.6% (fiscal 2023); the current reading is higher than 45% of that period. That is above the Farm & Heavy Construction Machinery industry median of 4.09% and above the Industrials sector median of 1.86%.

Return on invested capital, annual

Embed this chart

Annual newest first

Period Return on invested capital Change (points)
FY2025 4.88% (2.35)
FY2024 7.23% (3.37)
FY2023 10.6% 2.04
FY2022 8.56% 0.38
FY2021 8.18% 3.44
FY2020 4.74% (0.14)
FY2019 4.88% (0.30)
FY2018 5.18% 0.23
FY2017 4.95% 1.23
FY2016 3.72% (0.73)

Against its own ten years

Low 3.72% High 10.6%
Ten-year median 4.95%
Current reading's percentile 45

Return on invested capital against peers

Company Return on invested capital
BLBD Blue Bird Corporation compare 18.2%
CAT Caterpillar Inc. compare 15.2%
FSS Federal Signal Corporation compare 13.4%
OSK Oshkosh Corporation compare 9.99%
PCAR PACCAR Inc. compare 9.47%
AGCO AGCO Corporation compare 5.61%
DE Deere & Company 4.93%
CNH CNH Industrial N.V. compare 4.91%
TEX Terex Corporation compare 3.73%
Farm & Heavy Construction Machinery industry median 4.09%
Industrials sector median 1.86%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on DE