Deere & Company (DE) vs Eaton Corporation plc (ETN)

ETN leads on 10 of 16 compared metrics, though DE is the cheaper stock.

A side-by-side comparison of Deere & Company and Eaton Corporation plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — DE vs ETN

growth of $100 · last 30y
DE +2675.0%ETN +3008.7%ETN compounded faster
01k2k3kStart $100200120062011201620212026$2,775$3,109
DE ETN

DE vs ETN: by the numbers

  • DE is the larger company ($155.88B vs $151.98B market cap).
  • DE trades at the lower earnings multiple (32.72 vs 38.26 P/E).
  • ETN converts more revenue to profit (13.99% vs 10.21% net margin).
  • ETN grew revenue faster over the past five years (9.94% vs 3.78% CAGR).
  • DE pays the higher dividend yield (1.12% vs 1.09%).

Which is better, DE or ETN?

Metric tally: DE 6 · ETN 10

It depends on what you're optimizing for:

ValueDE(lower P/E)
GrowthETN(faster 5Y revenue CAGR)
IncomeDE(higher dividend yield)
QualityETN(higher ROIC)

Valuation

MetricDEETN
P/E ratio32.7238.26
Forward P/E31.9524.99
P/S ratio3.345.34
P/B ratio5.717.71
PEG ratio2.023.04
EV / EBITDA19.5429.13
FCF yield2.41%3.08%

Profitability

MetricDEETN
Gross margin35.40%36.89%
Operating margin18.38%18.13%
Net margin10.21%13.99%
ROE17.45%20.19%
ROIC7.13%13.14%

Dividends

MetricDEETN
Dividend yield1.12%1.09%
Payout ratio34.91%40.80%

Growth (annualized)

MetricDEETN
Revenue CAGR (5Y)3.78%9.94%
EPS CAGR (5Y)16.17%24.48%
FCF CAGR (5Y)-9.34%13.57%
Total return CAGR (5Y)12.54%23.64%

Frequently asked

Which is better, DE or ETN?
It depends on your goal. value: DE (lower P/E); growth: ETN (faster 5Y revenue CAGR); income: DE (higher dividend yield); quality: ETN (higher ROIC). Across all compared metrics, ETN leads 10 to 6.
Is DE or ETN cheaper?
On trailing earnings, DE is cheaper: DE trades at a 32.72 P/E and ETN at 38.26.
Which has grown faster, DE or ETN?
Over the past five years, ETN grew revenue faster — DE at a 3.78% CAGR versus ETN at 9.94%.
Does DE or ETN pay a bigger dividend?
DE yields 1.12% and ETN yields 1.09% based on trailing dividends and the latest price.
Is DE or ETN more profitable?
ETN runs the higher net margin — DE at 10.21% versus ETN at 13.99%.
Which has been the better investment, DE or ETN?
Over the past 10-year, ETN delivered the higher annualized total return — DE at 22.98% versus ETN at 23.24%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.