Deere (DE) Interest Coverage Ratio: History & Chart

Deere & Company (DE)DEDeere & Company

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.

Moline, IL

73,100 employees

www.deere.com/en

Industrials / Agricultural - Machinery

Sector: Industrials
Industry: Agricultural - Machinery
CEO: John C. May

View full financials

DE Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

4.22x

INTEREST COVERAGE RATIO AVG TTM

2.90x

INTEREST COVERAGE RATIO AVG 3Y

3.49x

INTEREST COVERAGE RATIO AVG 5Y

5.27x

INTEREST COVERAGE RATIO AVG 10Y

4.19x

INTEREST COVERAGE RATIO AVG 15Y

4.83x

INTEREST COVERAGE RATIO AVG 20Y

4.58x

CURRENT VS TTM AVG

+45.67%

CURRENT VS 3Y AVG

+20.99%

CURRENT VS 5Y AVG

-19.99%

CURRENT VS 10Y AVG

+0.74%

CURRENT VS 15Y AVG

-12.59%

CURRENT VS 20Y AVG

-7.94%

SECTOR MEDIAN · INDUSTRIALS

7.81x

median of 122 covered companies

CURRENT VS SECTOR MEDIAN

-45.99%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Deere & Company (DE)	$164.92B	4.22x	2.90x	3.49x	5.27x
Schneider Electric S.E. (SBGSY)vs ›	$165.53B	12.65x	13.00x	18.46x	20.74x
ABB Ltd (ABBNY)vs ›	$167.16B	70.31x	60.77x	41.23x	35.03x
The Boeing Company (BA)vs ›	$168.70B	-1.95x	26.98x	25.59x	23.64x
Union Pacific Corporation (UNP)vs ›	$173.58B	7.52x	7.58x	7.44x	7.45x
Eaton Corporation plc (ETN)vs ›	$140.52B	19.81x	26.80x	27.41x	23.34x
Lockheed Martin Corporation (LMT)vs ›	$131.41B	6.92x	6.84x	9.09x	11.17x
Siemens Energy AG (SMEGF)vs ›	$129.17B	6.86x	6.63x	6.63x	6.63x
Parker-Hannifin Corporation (PH)vs ›	$119.92B	9.93x	8.81x	8.57x	8.39x
Howmet Aerospace Inc. (HWM)vs ›	$109.15B	14.11x	11.65x	8.38x	6.52x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Deere & Company (DE)

$164.92B

4.22x

2.90x

3.49x

5.27x

Schneider Electric S.E. (SBGSY)vs ›

$165.53B

12.65x

13.00x

18.46x

20.74x

ABB Ltd (ABBNY)vs ›

$167.16B

70.31x

60.77x

41.23x

35.03x

The Boeing Company (BA)vs ›

$168.70B

-1.95x

26.98x

25.59x

23.64x

Union Pacific Corporation (UNP)vs ›

$173.58B

7.52x

7.58x

7.44x

7.45x

Eaton Corporation plc (ETN)vs ›

$140.52B

19.81x

26.80x

27.41x

23.34x

Lockheed Martin Corporation (LMT)vs ›

$131.41B

6.92x

6.84x

9.09x

11.17x

Siemens Energy AG (SMEGF)vs ›

$129.17B

6.86x

6.63x

Parker-Hannifin Corporation (PH)vs ›

$119.92B

9.93x

8.81x

8.57x

8.39x

Howmet Aerospace Inc. (HWM)vs ›

$109.15B

14.11x

11.65x

8.38x

6.52x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Deere & Company (DE)?

The interest coverage ratio for DE stock is 4.22x.

Is Deere & Company's interest coverage ratio high or low?

The interest coverage ratio of 4.22x is 20% below its 5-year average of 5.27x, near the low end of its 5-year range (1.78x–11.76x).

What is the TTM average interest coverage ratio for Deere & Company (DE)?

The TTM average interest coverage ratio for DE stock is 2.90x.

What is the 3Y average interest coverage ratio for Deere & Company (DE)?

The 3Y average interest coverage ratio for DE stock is 3.49x.

What is the 5Y average interest coverage ratio for Deere & Company (DE)?

The 5Y average interest coverage ratio for DE stock is 5.27x.

What is the 10Y average interest coverage ratio for Deere & Company (DE)?

The 10Y average interest coverage ratio for DE stock is 4.19x.

What is the 15Y average interest coverage ratio for Deere & Company (DE)?

The 15Y average interest coverage ratio for DE stock is 4.83x.

What is the 20Y average interest coverage ratio for Deere & Company (DE)?

The 20Y average interest coverage ratio for DE stock is 4.58x.

DATE	INTEREST COVERAGE RATIO
2026-05-03	4.22x
2026-02-01	2.16x
2025-11-02	2.49x
2025-07-27	2.72x
2025-04-27	3.68x
2025-01-26	1.78x
2024-10-27	2.46x
2024-07-28	3.44x
2024-04-28	4.44x
2024-01-28	3.34x
2023-10-31	4.76x
2023-07-30	6.36x
2023-04-30	7.36x
2023-01-29	5.67x
2022-10-31	8.90x
2022-07-31	8.71x
2022-05-01	11.76x
2022-01-30	4.99x
2021-10-31	7.62x
2021-08-01	8.63x
2021-05-02	8.69x
2021-01-31	5.80x
2020-10-31	4.28x
2020-08-02	4.59x
2020-05-03	3.19x
2020-02-02	2.08x
2019-10-31	2.52x
2019-07-28	3.49x
2019-04-28	4.54x
2019-01-27	2.27x
2018-10-31	3.32x
2018-07-29	4.28x
2018-04-29	4.83x
2018-01-28	2.05x
2017-10-31	3.28x
2017-07-30	3.79x
2017-04-30	4.56x
2017-01-29	1.27x
2016-10-31	2.14x
2016-07-31	3.39x
2016-04-30	4.02x
2016-01-31	2.13x
2015-10-31	2.77x
2015-07-31	4.39x
2015-04-30	5.96x
2015-01-31	3.13x
2014-10-31	5.57x
2014-07-31	8.07x
2014-04-30	8.88x
2014-01-31	5.61x
2013-10-31	6.27x
2013-07-31	8.59x
2013-04-30	9.42x
2013-01-31	5.54x
2012-10-31	5.53x
2012-07-31	6.38x
2012-04-30	8.55x
2012-01-31	4.27x
2011-10-31	5.72x
2011-07-31	6.00x
2011-04-30	7.38x
2011-01-31	3.97x
2010-10-31	4.05x
2010-07-31	4.92x
2010-04-30	5.06x
2010-01-31	2.07x
2009-10-31	0.25x
2009-07-31	2.47x
2009-04-30	2.83x
2009-01-31	1.56x
2008-07-31	3.64x
2008-04-30	4.68x
2008-01-31	2.32x

DATE

INTEREST COVERAGE RATIO

2026-05-03

4.22x

2026-02-01

2.16x

2025-11-02

2.49x

2025-07-27

2.72x

2025-04-27

3.68x

2025-01-26

1.78x

2024-10-27

2.46x

2024-07-28

3.44x

2024-04-28

4.44x

2024-01-28

3.34x

2023-10-31

4.76x

2023-07-30

6.36x

2023-04-30

7.36x

2023-01-29

5.67x

2022-10-31

8.90x

2022-07-31

8.71x

2022-05-01

11.76x

2022-01-30

4.99x

2021-10-31

7.62x

2021-08-01

8.63x

2021-05-02

8.69x

2021-01-31

5.80x

2020-10-31

4.28x

2020-08-02

4.59x

2020-05-03

3.19x

2020-02-02

2.08x

2019-10-31

2.52x

2019-07-28

3.49x

2019-04-28

4.54x

2019-01-27

2.27x

2018-10-31

3.32x

2018-07-29

4.28x

2018-04-29

4.83x

2018-01-28

2.05x

2017-10-31

3.28x

2017-07-30

3.79x

2017-04-30

4.56x

2017-01-29

1.27x

2016-10-31

2.14x

2016-07-31

3.39x

2016-04-30

4.02x

2016-01-31

2.13x

2015-10-31

2.77x

2015-07-31

4.39x

2015-04-30

5.96x

2015-01-31

3.13x

2014-10-31

5.57x

2014-07-31

8.07x

2014-04-30

8.88x

2014-01-31

5.61x

2013-10-31

6.27x

2013-07-31

8.59x

2013-04-30

9.42x

2013-01-31

5.54x

2012-10-31

5.53x

2012-07-31

6.38x

2012-04-30

8.55x

2012-01-31

4.27x

2011-10-31

5.72x

2011-07-31

6.00x

2011-04-30

7.38x

2011-01-31

3.97x

2010-10-31

4.05x

2010-07-31

4.92x

2010-04-30

5.06x

2010-01-31

2.07x

2009-10-31

0.25x

2009-07-31

2.47x

2009-04-30

2.83x

2009-01-31

1.56x

2008-07-31

3.64x

2008-04-30

4.68x

2008-01-31

2.32x

Interest Coverage Ratio: 4.22x

DE Interest Coverage Ratio

DE Average Interest Coverage Ratio Chart

DE Current vs Average Interest Coverage Ratio Chart

DE Interest Coverage Ratio Metrics

DE Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

DE Interest Coverage Ratio History

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