57/100B672.64
USD
-5.72
(-0.84%)
Market Open
Last updated: · Delayed 15 min
Fair value640.21Plus+5%457Price 672.641,097
Q4 FY2026 · Earnings report
EPS estimate 4.03Revenue estimate 10.40B
Q4 FY2026 · Earnings report
EPS estimate 4.03Revenue estimate 10.40B
Deere & Company return on equity (ROE)What is return on equity (ROE)? Return on equity (ROE) is a year of net income divided by shareholders' equity: the profit a company makes on each dollar its owners have in it.
Deere & Company's return on equity is 17.37%: net income of 4.86B USD over the last twelve months on shareholders' equity of 27.99B USD.
- Today
- 17.37%
- Average, 5 years
- 30.26%
- Low, 5 years
- 17.35%
- High, 5 years
- 45.06%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 4.86B ÷ 27.99B = 17.37%
ROE (return on equity)
Net income
Shareholders' equity
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
What drives Deere & Company's return on equity?What is DuPont analysis? DuPont analysis splits return on equity into three parts: profit margin, asset turnover and the equity multiplier. It shows whether a high ROE comes from profits, from using assets well, or from debt.
Net margin
11.3%
profit on each dollar of sales
×
Asset turnover
0.42×
sales on each dollar of assets
×
Equity multiplier
4.08×
assets on each dollar of equity
=
Return on equity
19.4%
FY2025
- FY202511.3% × 0.42 × 4.08 = 19.4%
- FY202414.1% × 0.47 × 4.70 = 31.1%
- FY202316.9% × 0.58 × 4.78 = 46.7%
- FY202213.9% × 0.57 × 4.44 = 35.2%
- FY202113.9% × 0.51 × 4.56 = 32.4%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 17.37% | 4.86B | 27.99B | |
| FY2025 | 2 Nov 2025 | 19.26% | 5.00B | 25.95B |
| FY2024 | 27 Oct 2024 | 31.04% | 7.09B | 22.84B |
| FY2023 | 29 Oct 2023 | 46.67% | 10.17B | 21.79B |
| FY2022 | 30 Oct 2022 | 35.19% | 7.13B | 20.26B |
| FY2021 | 31 Oct 2021 | 32.36% | 5.97B | 18.43B |
| FY2020 | 1 Nov 2020 | 21.28% | 2.75B | 12.94B |
| FY2019 | 31 Oct 2019 | 28.54% | 3.26B | 11.41B |
| FY2018 | 31 Oct 2018 | 21.00% | 2.37B | 11.29B |
| FY2017 | 31 Oct 2017 | 22.59% | 2.16B | 9.56B |
| FY2016 | 31 Oct 2016 | 23.34% | 1.52B | 6.52B |
| FY2015 | 31 Oct 2015 | 28.78% | 1.94B | 6.74B |
| FY2014 | 31 Oct 2014 | 34.90% | 3.16B | 9.06B |
| FY2013 | 31 Oct 2013 | 34.46% | 3.54B | 10.27B |
| FY2012 | 31 Oct 2012 | 44.89% | 3.07B | 6.84B |
| FY2011 | 31 Oct 2011 | 41.29% | 2.81B | 6.80B |
| FY2010 | 31 Oct 2010 | 29.80% | 1.87B | 6.29B |
| FY2009 | 31 Oct 2009 | 18.13% | 873.50M | 4.82B |
| FY2008 | 31 Oct 2008 | 31.42% | 2.05B | 6.53B |
| FY2007 | 31 Oct 2007 | 25.46% | 1.82B | 7.16B |
| FY2006 | 31 Oct 2006 | 22.61% | 1.69B | 7.49B |
| FY2005 | 31 Oct 2005 | 21.12% | 1.45B | 6.85B |
| FY2004 | 31 Oct 2004 | 22.00% | 1.41B | 6.39B |
| FY2003 | 31 Oct 2003 | 16.07% | 643.10M | 4.00B |
| FY2002 | 31 Oct 2002 | 10.09% | 319.20M | 3.16B |
| FY2001 | 31 Oct 2001 | -1.60% | -64.00M | 3.99B |
| FY2000 | 31 Oct 2000 | 11.29% | 485.50M | 4.30B |
| FY1999 | 31 Oct 1999 | 5.84% | 239.20M | 4.09B |
| FY1998 | 31 Oct 1998 | 25.04% | 1.02B | 4.08B |
| FY1997 | 31 Oct 1997 | 23.15% | 960.10M | 4.15B |
| FY1996 | 31 Oct 1996 | 22.98% | 817.30M | 3.56B |
| FY1995 | 31 Oct 1995 | 22.89% | 706.10M | 3.09B |
| FY1994 | 31 Oct 1994 | 23.60% | 603.60M | 2.56B |
| FY1993 | 31 Oct 1993 | 8.84% | 184.40M | 2.09B |
| FY1992 | 31 Oct 1992 | 1.41% | 37.40M | 2.65B |
| FY1991 | 31 Oct 1991 | -0.71% | -20.20M | 2.84B |
| FY1990 | 31 Oct 1990 | 13.67% | 411.10M | 3.01B |
| FY1989 | 31 Oct 1989 | 13.67% | 380.20M | 2.78B |
| FY1988 | 31 Oct 1988 | 11.67% | 286.70M | 2.46B |
| FY1987 | 31 Oct 1987 | -5.16% | -99.00M | 1.92B |
| FY1986 | 31 Oct 1986 | -11.47% | -229.30M | 2.00B |
| FY1985 | 31 Oct 1985 | 1.35% | 30.50M | 2.26B |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 2 Aug 2026 | 17.37% | 4.86B | 27.99B |
| Q2 FY2026 | 3 May 2026 | 17.35% | 4.76B | 27.41B |
| Q1 FY2026 | 1 Feb 2026 | 18.20% | 4.79B | 26.30B |
| Q4 FY2025 | 2 Nov 2025 | 19.26% | 5.00B | 25.95B |
| Q3 FY2025 | 27 Jul 2025 | 20.58% | 5.18B | 25.18B |
| Q2 FY2025 | 27 Apr 2025 | 23.22% | 5.64B | 24.29B |
| Q1 FY2025 | 26 Jan 2025 | 27.61% | 6.21B | 22.48B |
| Q4 FY2024 | 27 Oct 2024 | 31.04% | 7.09B | 22.84B |
| Q3 FY2024 | 28 Jul 2024 | 35.62% | 8.21B | 23.06B |
| Q2 FY2024 | 28 Apr 2024 | 41.69% | 9.46B | 22.68B |
| Q1 FY2024 | 28 Jan 2024 | 45.06% | 9.95B | 22.08B |
| Q4 FY2023 | 29 Oct 2023 | — | — | 21.79B |
| Q3 FY2023 | 30 Jul 2023 | 43.52% | 10.03B | 23.05B |
| Q2 FY2023 | 30 Apr 2023 | 39.94% | 8.94B | 22.40B |
| Q1 FY2023 | 29 Jan 2023 | 38.36% | 8.18B | 21.33B |
| Q4 FY2022 | 30 Oct 2022 | — | — | 20.26B |
| Q3 FY2022 | 31 Jul 2022 | 32.42% | 6.17B | 19.03B |
| Q2 FY2022 | 1 May 2022 | 31.49% | 5.95B | 18.90B |
| Q1 FY2022 | 30 Jan 2022 | 31.71% | 5.65B | 17.80B |
| Q4 FY2021 | 31 Oct 2021 | 32.36% | 5.97B | 18.43B |
| Q3 FY2021 | 1 Aug 2021 | 34.58% | 5.44B | 15.73B |
| Q2 FY2021 | 2 May 2021 | 30.37% | 4.58B | 15.09B |
| Q1 FY2021 | 31 Jan 2021 | 24.56% | 3.46B | 14.08B |
| Q4 FY2020 | 31 Oct 2020 | 21.28% | 2.75B | 12.94B |
| Q3 FY2020 | 2 Aug 2020 | 21.08% | 2.72B | 12.89B |
| Q2 FY2020 | 3 May 2020 | 23.64% | 2.81B | 11.86B |
| Q1 FY2020 | 2 Feb 2020 | 27.46% | 3.28B | 11.93B |
| Q4 FY2019 | 31 Oct 2019 | 28.54% | 3.26B | 11.41B |
| Q3 FY2019 | 28 Jul 2019 | 27.06% | 3.32B | 12.27B |
| Q2 FY2019 | 28 Apr 2019 | 27.95% | 3.33B | 11.92B |
| Q1 FY2019 | 27 Jan 2019 | 30.06% | 3.40B | 11.33B |
| Q4 FY2018 | 31 Oct 2018 | 21.00% | 2.37B | 11.29B |
| Q3 FY2018 | 29 Jul 2018 | 20.25% | 2.10B | 10.36B |
| Q2 FY2018 | 29 Apr 2018 | 17.66% | 1.84B | 10.41B |
| Q1 FY2018 | 28 Jan 2018 | 15.47% | 1.43B | 9.25B |
| Q4 FY2017 | 31 Oct 2017 | 22.59% | 2.16B | 9.56B |
| Q3 FY2017 | 30 Jul 2017 | 22.55% | 1.93B | 8.57B |
| Q2 FY2017 | 30 Apr 2017 | 23.01% | 1.77B | 7.68B |
| Q1 FY2017 | 29 Jan 2017 | 21.40% | 1.46B | 6.83B |
| Q4 FY2016 | 31 Oct 2016 | 23.34% | 1.52B | 6.52B |
| Q3 FY2016 | 31 Jul 2016 | 21.38% | 1.59B | 7.43B |
| Q2 FY2016 | 30 Apr 2016 | 22.50% | 1.61B | 7.16B |
| Q1 FY2016 | 31 Jan 2016 | 27.43% | 1.81B | 6.59B |
| Q4 FY2015 | 31 Oct 2015 | 28.78% | 1.94B | 6.74B |
| Q3 FY2015 | 31 Jul 2015 | 28.99% | 2.24B | 7.72B |
| Q2 FY2015 | 30 Apr 2015 | 31.55% | 2.58B | 8.17B |
| Q1 FY2015 | 31 Jan 2015 | 34.79% | 2.87B | 8.25B |
| Q4 FY2014 | 31 Oct 2014 | 34.90% | 3.16B | 9.06B |
| Q3 FY2014 | 31 Jul 2014 | 30.66% | 3.32B | 10.83B |
| Q2 FY2014 | 30 Apr 2014 | 32.50% | 3.47B | 10.67B |
| Q1 FY2014 | 31 Jan 2014 | 34.80% | 3.57B | 10.26B |
| Q4 FY2013 | 31 Oct 2013 | 34.46% | 3.54B | 10.27B |
| Q3 FY2013 | 31 Jul 2013 | 39.81% | 3.42B | 8.59B |
| Q2 FY2013 | 30 Apr 2013 | 38.88% | 3.21B | 8.26B |
| Q1 FY2013 | 31 Jan 2013 | 42.58% | 3.19B | 7.48B |
| Q4 FY2012 | 31 Oct 2012 | 44.89% | 3.07B | 6.84B |
| Q3 FY2012 | 31 Jul 2012 | 41.30% | 3.05B | 7.40B |
| Q2 FY2012 | 30 Apr 2012 | 40.37% | 2.98B | 7.38B |
| Q1 FY2012 | 31 Jan 2012 | 41.81% | 2.83B | 6.76B |
| Q4 FY2011 | 31 Oct 2011 | 41.29% | 2.81B | 6.80B |
| Q3 FY2011 | 31 Jul 2011 | 34.48% | 2.60B | 7.53B |
| Q2 FY2011 | 30 Apr 2011 | 33.68% | 2.50B | 7.42B |
| Q1 FY2011 | 31 Jan 2011 | 32.58% | 2.14B | 6.58B |
| Q4 FY2010 | 31 Oct 2010 | 29.80% | 1.87B | 6.29B |
| Q3 FY2010 | 31 Jul 2010 | 19.49% | 1.19B | 6.12B |
| Q2 FY2010 | 30 Apr 2010 | 17.57% | 992.70M | 5.65B |
| Q1 FY2010 | 31 Jan 2010 | 18.38% | 915.20M | 4.98B |
| Q4 FY2009 | 31 Oct 2009 | 18.13% | 873.50M | 4.82B |
| Q3 FY2009 | 31 Jul 2009 | 19.42% | 1.44B | 7.42B |
| Q2 FY2009 | 30 Apr 2009 | 23.24% | 1.60B | 6.87B |
| Q1 FY2009 | 31 Jan 2009 | 28.80% | 1.89B | 6.55B |
| Q4 FY2008 | 31 Oct 2008 | 31.42% | 2.05B | 6.53B |
| Q3 FY2008 | 31 Jul 2008 | 28.25% | 2.13B | 7.54B |
| Q2 FY2008 | 30 Apr 2008 | 28.46% | 2.09B | 7.35B |
| Q1 FY2008 | 31 Jan 2008 | 27.73% | 1.95B | 7.04B |
| Q4 FY2007 | 31 Oct 2007 | 25.46% | 1.82B | 7.16B |
| Q3 FY2007 | 31 Jul 2007 | 20.80% | 1.68B | 8.06B |
| Q2 FY2007 | 30 Apr 2007 | 19.79% | 1.58B | 7.96B |
| Q1 FY2007 | 31 Jan 2007 | 22.39% | 1.70B | 7.58B |
| Q4 FY2006 | 31 Oct 2006 | 22.61% | 1.69B | 7.49B |
| Q3 FY2006 | 31 Jul 2006 | 21.79% | 1.65B | 7.57B |
| Q2 FY2006 | 30 Apr 2006 | 21.17% | 1.60B | 7.56B |
| Q1 FY2006 | 31 Jan 2006 | 21.22% | 1.46B | 6.88B |
| Q4 FY2005 | 31 Oct 2005 | 21.12% | 1.45B | 6.85B |
| Q3 FY2005 | 31 Jul 2005 | 22.64% | 1.57B | 6.94B |
| Q2 FY2005 | 30 Apr 2005 | 23.51% | 1.58B | 6.74B |
| Q1 FY2005 | 31 Jan 2005 | 22.44% | 1.46B | 6.50B |
| Q4 FY2004 | 31 Oct 2004 | 22.00% | 1.41B | 6.39B |
| Q3 FY2004 | 31 Jul 2004 | 22.33% | 1.12B | 5.02B |
| Q2 FY2004 | 30 Apr 2004 | 20.38% | 966.30M | 4.74B |
| Q1 FY2004 | 31 Jan 2004 | 17.41% | 745.90M | 4.28B |
| Q4 FY2003 | 31 Oct 2003 | 16.07% | 643.10M | 4.00B |
| Q3 FY2003 | 31 Jul 2003 | 16.89% | 640.40M | 3.79B |
| Q2 FY2003 | 30 Apr 2003 | 15.31% | 540.50M | 3.53B |
| Q1 FY2003 | 31 Jan 2003 | 13.06% | 425.30M | 3.26B |
| Q4 FY2002 | 31 Oct 2002 | 10.09% | 319.20M | 3.16B |
| Q3 FY2002 | 31 Jul 2002 | -1.65% | -68.90M | 4.18B |
| Q2 FY2002 | 30 Apr 2002 | -3.54% | -144.60M | 4.09B |
| Q1 FY2002 | 31 Jan 2002 | -4.02% | -158.50M | 3.94B |
| Q4 FY2001 | 31 Oct 2001 | -1.60% | -64.00M | 3.99B |
| Q3 FY2001 | 31 Jul 2001 | 7.56% | 327.20M | 4.33B |
| Q2 FY2001 | 30 Apr 2001 | 9.84% | 427.00M | 4.34B |
| Q1 FY2001 | 31 Jan 2001 | 11.67% | 504.20M | 4.32B |
| Q4 FY2000 | 31 Oct 2000 | 11.29% | 485.50M | 4.30B |
| Q3 FY2000 | 31 Jul 2000 | 8.84% | 384.90M | 4.35B |
| Q2 FY2000 | 30 Apr 2000 | 6.69% | 282.10M | 4.22B |
| Q1 FY2000 | 31 Jan 2000 | 5.55% | 227.20M | 4.09B |
| Q4 FY1999 | 31 Oct 1999 | 5.84% | 239.20M | 4.09B |
| Q3 FY1999 | 31 Jul 1999 | 10.30% | 430.80M | 4.18B |
| Q2 FY1999 | 30 Apr 1999 | 15.64% | 652.70M | 4.17B |
| Q1 FY1999 | 31 Jan 1999 | 21.54% | 867.80M | 4.03B |
| Q4 FY1998 | 31 Oct 1998 | 25.04% | 1.02B | 4.08B |
| Q3 FY1998 | 31 Jul 1998 | 25.71% | 1.07B | 4.16B |
| Q2 FY1998 | 30 Apr 1998 | 24.20% | 1.03B | 4.27B |
| Q1 FY1998 | 31 Jan 1998 | 23.80% | 986.70M | 4.15B |
| Q4 FY1997 | 31 Oct 1997 | 23.15% | 960.10M | 4.15B |
| Q3 FY1997 | 31 Jul 1997 | 24.00% | 922.70M | 3.84B |
| Q2 FY1997 | 30 Apr 1997 | 23.56% | 874.60M | 3.71B |
| Q1 FY1997 | 31 Jan 1997 | 23.16% | 827.80M | 3.57B |
| Q4 FY1996 | 31 Oct 1996 | 22.98% | 817.30M | 3.56B |
| Q3 FY1996 | 31 Jul 1996 | 23.38% | 794.00M | 3.40B |
| Q2 FY1996 | 30 Apr 1996 | 23.02% | 769.50M | 3.34B |
| Q1 FY1996 | 31 Jan 1996 | 22.74% | 733.90M | 3.23B |
| Q4 FY1995 | 31 Oct 1995 | 22.89% | 706.10M | 3.09B |
| Q3 FY1995 | 31 Jul 1995 | 23.91% | 725.10M | 3.03B |
| Q2 FY1995 | 30 Apr 1995 | 24.60% | 702.80M | 2.86B |
| Q1 FY1995 | 31 Jan 1995 | 24.96% | 655.00M | 2.62B |
| Q4 FY1994 | 31 Oct 1994 | 23.60% | 603.60M | 2.56B |
| Q3 FY1994 | 31 Jul 1994 | 21.19% | 515.70M | 2.43B |
| Q2 FY1994 | 30 Apr 1994 | 19.84% | 458.10M | 2.31B |
| Q1 FY1994 | 31 Jan 1994 | 13.95% | 299.00M | 2.14B |
| Q4 FY1993 | 31 Oct 1993 | 8.84% | 184.40M | 2.09B |
| Q3 FY1993 | 31 Jul 1993 | 4.03% | 106.90M | 2.65B |
| Q2 FY1993 | 30 Apr 1993 | 0.62% | 15.90M | 2.58B |
| Q1 FY1993 | 31 Jan 1993 | 1.15% | 29.70M | 2.58B |
| Q4 FY1992 | 31 Oct 1992 | 1.41% | 37.40M | 2.65B |
| Q3 FY1992 | 31 Jul 1992 | -1.75% | -48.30M | 2.76B |
| Q2 FY1992 | 30 Apr 1992 | -0.94% | -26.10M | 2.78B |
| Q1 FY1992 | 31 Jan 1992 | 0.11% | 3.00M | 2.77B |
| Q4 FY1991 | 31 Oct 1991 | -0.71% | -20.20M | 2.84B |
| Q3 FY1991 | 31 Jul 1991 | 4.62% | 135.80M | 2.94B |
| Q2 FY1991 | 30 Apr 1991 | 7.42% | 218.60M | 2.95B |
| Q1 FY1991 | 31 Jan 1991 | 9.88% | 289.50M | 2.93B |
| Q4 FY1990 | 31 Oct 1990 | 13.67% | 411.10M | 3.01B |
| Q3 FY1990 | 31 Jul 1990 | 14.43% | 439.80M | 3.05B |
| Q2 FY1990 | 30 Apr 1990 | 14.34% | 423.80M | 2.96B |
| Q1 FY1990 | 31 Jan 1990 | 14.48% | 410.30M | 2.83B |
| Q4 FY1989 | 31 Oct 1989 | 13.67% | 380.20M | 2.78B |
| Q3 FY1989 | 31 Jul 1989 | 13.28% | 357.60M | 2.69B |
| Q2 FY1989 | 30 Apr 1989 | 13.03% | 340.40M | 2.61B |
| Q1 FY1989 | 31 Jan 1989 | 11.88% | 296.30M | 2.49B |
| Q4 FY1988 | 31 Oct 1988 | 11.67% | 286.60M | 2.46B |
| Q3 FY1988 | 31 Jul 1988 | — | 238.80M | — |
| Q2 FY1988 | 30 Apr 1988 | — | 183.30M | — |
| Q1 FY1988 | 31 Jan 1988 | — | 132.30M | — |
| Q4 FY1987 | 31 Oct 1987 | -5.16% | -99.00M | 1.92B |
| Q3 FY1987 | 31 Jul 1987 | — | -271.40M | — |
| Q2 FY1987 | 30 Apr 1987 | — | -330.70M | — |
| Q1 FY1987 | 31 Jan 1987 | — | -395.00M | — |
| Q4 FY1986 | 31 Oct 1986 | -11.47% | -229.30M | 2.00B |
| Q3 FY1986 | 31 Jul 1986 | — | -70.20M | — |
| Q2 FY1986 | 30 Apr 1986 | — | — | — |
| Q1 FY1986 | 31 Jan 1986 | — | — | — |
| Q4 FY1985 | 31 Oct 1985 | — | — | 2.26B |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios
Common questions about Deere & Company's ROE
Source: Financial Modeling Prep