Deere & Company (DE) Debt to Equity Ratio: 2.46
Is Deere & Company’s debt to equity ratio high or low?
Deere & Company's debt to equity ratio of 2.46 is in line with its 5-year average of 2.69, near the low end of its 5-year range (2.46–2.92).
The debt to equity ratio for Deere & Company (DE) is 2.46 as of Tuesday, June 9, 2026. It is equal to its 12-month average by 0.00% (2.46).
DE Debt to Equity Ratio Chart
DE Average Debt to Equity Ratio Chart
DE Current vs Average Debt to Equity Ratio Chart
DE Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
2.46
DEBT TO EQUITY RATIO AVG TTM
2.46
DEBT TO EQUITY RATIO AVG 3Y
2.75
DEBT TO EQUITY RATIO AVG 5Y
2.69
DEBT TO EQUITY RATIO AVG 10Y
3.44
DEBT TO EQUITY RATIO AVG 15Y
3.73
DEBT TO EQUITY RATIO AVG 20Y
3.70
CURRENT VS TTM AVG
+0.00%
CURRENT VS 3Y AVG
-10.55%
CURRENT VS 5Y AVG
-8.69%
CURRENT VS 10Y AVG
-28.51%
CURRENT VS 15Y AVG
-34.06%
CURRENT VS 20Y AVG
-33.53%
DE Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Deere & Company (DE) | — | 2.46 | 2.46 | 2.75 | 2.69 |
| Eaton Corporation plc (ETN) | $155.99B | 0.57 | 0.55 | 0.54 | 0.54 |
| Union Pacific Corporation (UNP) | $161.06B | 1.72 | 1.82 | 2.21 | 2.12 |
| The Boeing Company (BA) | $169.10B | 9.98 | 9.98 | 9.98 | 9.98 |
| Honeywell International Inc. (HON) | $136.68B | 2.24 | 1.99 | 1.64 | 1.50 |
| Lockheed Martin Corporation (LMT) | $122.23B | 3.23 | 3.21 | 2.67 | 2.29 |
| Parker-Hannifin Corporation (PH) | $114.18B | 0.70 | 0.80 | 1.05 | 1.07 |
| Automatic Data Processing, Inc. (ADP) | $92.41B | 1.46 | 1.14 | 1.08 | 0.89 |
| Cummins Inc. (CMI) | $92.35B | 0.66 | 0.70 | 0.79 | 0.71 |
| United Parcel Service, Inc. (UPS) | $91.69B | 1.99 | 1.76 | 1.56 | 8.38 |
Financial Health
Debt/Equity
2.46
Current Ratio
2.31
Deere & Company Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Deere & Company Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Deere & Company (DE)?
- The debt to equity ratio for DE stock is 2.46.
- Is Deere & Company's debt to equity ratio high or low?
- Deere & Company's debt to equity ratio of 2.46 is in line with its 5-year average of 2.69, near the low end of its 5-year range (2.46–2.92).
- What is the TTM average debt to equity ratio for Deere & Company (DE)?
- The TTM average debt to equity ratio for DE stock is 2.46.
- What is the 3Y average debt to equity ratio for Deere & Company (DE)?
- The 3Y average debt to equity ratio for DE stock is 2.75.
- What is the 5Y average debt to equity ratio for Deere & Company (DE)?
- The 5Y average debt to equity ratio for DE stock is 2.69.
- What is the 10Y average debt to equity ratio for Deere & Company (DE)?
- The 10Y average debt to equity ratio for DE stock is 3.44.
- What is the 15Y average debt to equity ratio for Deere & Company (DE)?
- The 15Y average debt to equity ratio for DE stock is 3.73.
- What is the 20Y average debt to equity ratio for Deere & Company (DE)?
- The 20Y average debt to equity ratio for DE stock is 3.70.
Deere & Company Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-11-02 | 2.46 |
| 2024-10-27 | 2.87 |
| 2023-10-29 | 2.92 |
| 2022-10-30 | 2.58 |
| 2021-10-31 | 2.64 |
| 2020-11-01 | 3.58 |
| 2019-10-31 | 3.97 |
| 2018-10-31 | 3.74 |
| 2017-10-31 | 4.19 |
| 2016-10-31 | 5.46 |
| 2015-10-31 | 5.46 |
| 2014-10-31 | 4.08 |
| 2013-10-31 | 3.36 |
| 2012-10-31 | 4.74 |
| 2011-10-31 | 3.91 |
| 2010-10-31 | 3.87 |
| 2009-10-31 | 5.09 |
| 2008-10-31 | 3.43 |
| 2007-10-31 | 3.04 |
| 2006-10-31 | 2.63 |
| 2005-10-31 | 2.72 |
| 2004-10-31 | 2.28 |
| 2003-10-31 | 3.69 |
| 2002-10-31 | 4.23 |
| 2001-10-31 | 3.20 |
| 2000-10-31 | 2.45 |
| 1999-10-31 | 2.03 |
| 1998-10-31 | 1.99 |
| 1997-10-31 | 1.54 |
| 1996-10-31 | 1.57 |
Related Metrics
About Deere & Company
Deere & Company is a global manufacturer and distributor of a wide range of equipment. The company's operations are organized into four primary business segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment focuses on large-scale farming and advanced agricultural practices, offering medium-sized tractors, various harvesting machinery (including combines, cotton pickers, and sugarcane harvesters), front-end harvesting tools, sugarcane loaders, pull-behind scrapers, and essential tillage and seeding implements. It also supplies specialized application equipment like sprayers and nutrient management systems, along with soil preparation machinery, primarily serving grain growers. The Small Agriculture and Turf segment caters to smaller farming needs and land maintenance. Its product line includes utility tractors along with their complementary loaders and attachments. This segment also provides an extensive selection of turf and utility equipment, suchg as riding and commercial lawnmowers, specialized golf course maintenance machinery, and utility vehicles. Additionally, it offers various implements for tasks like mowing, tilling, snow removal, aerating, and general turf care across residential, commercial, golf, and sports environments, alongside other outdoor power products and hay and forage equipment. This division also resells products from other manufacturers. Its customer base includes dairy and livestock farmers, other crop producers, and general turf and utility clients. The Construction and Forestry segment delivers a comprehensive suite of heavy machinery for construction and logging. This includes earthmoving and roadbuilding equipment such as 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, and asphalt plants. For forestry operations, it supplies log skidders, feller bunchers, log loaders and forwarders, and log harvesters, in addition to various attachments for all its machinery. Lastly, the Financial Services segment provides funding solutions to facilitate the sale and leasing of agriculture and turf, as well as construction and forestry equipment. It extends wholesale financing to dealers stocking these product lines, offers extended equipment warranties, and manages retail revolving charge accounts for end-users. Established in 1837, Deere & Company has its corporate headquarters situated in Moline, Illinois.
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- CEO
- John C. May