Deere & Company

Deere & Company

DEยทNYSE

$588.29

+8.5%
IndustrialsAgricultural - Machinery

Deere & Company manufactures and distributes various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters, harvesting front-end equipment, sugarcane loaders, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of 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, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

At a Glance

Live Snapshot
Market Cap$158.80B
EPS18.5600
P/E Ratio31.70
Earnings Date08/13/2026
Deere & Company

Deere & Company Fair Value Envelope

DE ยท NYSE

Our analysis suggests that DE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $588.29, this represents a potential HIDDEN relative to our calculated worth for Deere & Company.

Intrinsic Value
Current Price: $588.29

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$96.5B
+ Cash & Equivalents$8.3B
Firm Value$104.7B
- Debt$63.9B
Equity Value$40.8B
/ Shares Outstanding270,332,954B
DCF Value$151
OVERVALUED BY 74%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$7.5B
$7.5B
$7.5B
$7.5B
$7.5B
$7.5B
$7.5B
$7.5B
$7.5B
$7.5B
Maintenance CapEx
-$845.6M
-$845.6M
-$845.6M
-$845.6M
-$845.6M
-$845.6M
-$845.6M
-$845.6M
-$845.6M
-$845.6M
Owner Earnings
$6.6B
$6.6B
$6.6B
$6.6B
$6.6B
$6.6B
$6.6B
$6.6B
$6.6B
$6.6B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$6.1B
$5.7B
$5.2B
$4.9B
$4.5B
$4.2B
$3.9B
$3.6B
$3.3B
$3.1B
Terminal Value represents 54.0% of Enterprise Value