Valuation, from the filing
| Public float | $124.31B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-04-25 |
|---|---|---|
| Float per share | $459.66 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 24.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 2.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 4.8× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-04-25, not today, and each multiple below it uses the figures for the fiscal year ending 2025-11-02 — the year that filing covered.
Valuation over time
24.7× earnings today, against a median of 16.3× across 10 years on record. Above its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-04-25 | $124.31B | 24.7× | |
| 2024-04-26 | $108.32B | 15.3× | |
| 2023-04-28 | $110.75B | 10.9× | |
| 2022-04-29 | $115.30B | 16.2× | |
| 2021-04-30 | $115.52B | 19.4× | |
| 2020-05-01 | $43.16B | 15.7× | |
| 2019-04-26 | $52.20B | 16.0× | |
| 2018-04-27 | $44.53B | 18.8× | |
| 2017-04-30 | $35.64B | 16.5× | |
| 2016-04-30 | $26.39B | 17.3× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Farm Machinery & Equipment filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Net margin | 11.0% | 100th | |
| SBC / revenue | 0.3% | 20th | |
| CapEx / revenue | 3.0% | 75th | |
| Effective tax rate | 20.1% | 25th | |
| FCF margin | 13.4% | 75th | |
| Revenue YoY growth | -11.7% | 40th |
DEERE & CO (DE) reported revenue of $47.98B and net income of $4.87B for the fiscal year ended 2026-08-02. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from DEERE & CO’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Farm Machinery & Equipment.
Income
| Metric | 2026-08-02 |
|---|---|
| Revenue | $47.98B |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | Unavailable |
| Net income | $4.87B |
| Research & development | $2.38B |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $6.44B |
| Income tax expense | $1.60B |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $4.68B |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-08-02 |
|---|---|
| Cash & equivalents | $8.93B |
| Total assets | $107.61B |
| Current assets | Unavailable |
| Total liabilities | $79.57B |
| Current liabilities | Unavailable |
| Total equity incl. NCI | $28.00B |
| Temporary (mezzanine) equity | $44.00M |
| Inventory | $7.81B |
| Accounts receivable | $7.72B |
| Goodwill | $4.47B |
| Long-term debt | Unavailable |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-08-02 |
|---|---|
| Operating cash flow | $7.24B |
| Capital expenditures | $1.22B |
| Investing cash flow | -$2.08B |
| Financing cash flow | -$4.85B |
| Net change in cash | $303.00M |
| Stock-based compensation | $163.00M |
| Common dividends paid | $1.75B |
| Common share repurchases | $699.00M |
| Depreciation & amortization | $2.35B |
Derived
| Metric | 2026-08-02 |
|---|---|
| Free cash flow | $6.02B |
| Gross margin | Unavailable |
| Operating margin | Unavailable |
| FCF margin | 12.5% |
| SBC / revenue | 0.3% |
| Current ratio | Unavailable |
| Revenue YoY growth | 8.0% |
| Net margin | 10.2% |
| R&D / revenue | 5.0% |
| CapEx / revenue | 2.6% |
| Long-term debt / equity | Unavailable |
| Effective tax rate | 24.8% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open DE in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.