Deere (DE) Asset Utilization Ratio (2009 - 2026)
Deere's Asset Utilization Ratio came in at 0.45 for fiscal Q3 2026 (quarter ended Aug 2, 2026), up 7.7% from 0.42 a year earlier but down 0.7% from the prior quarter.
Deere (DE) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 2, 2025), Deere's Asset Utilization Ratio was 0.43, down 12.5% from FY2024.
- Going back by fiscal year, Asset Utilization Ratio was 0.49 in FY2024 (-22.5%), 0.63 in FY2023 (+4.5%), 0.60 in FY2022 (+9.2%) and 0.55 in FY2021 (+15.2%).
- The five-year range for quarterly Asset Utilization Ratio is 0.42 (fiscal Q3 2025) to 0.63 (fiscal Q2 2023).
- Year-over-year, Asset Utilization Ratio increased in two of the last eight quarters, with an average decline of 10.9%.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q4 2021 (growth of 14.5%), and the weakest in fiscal Q2 2025 (a decline of 23.2%).
- Business Quant data shows DE's Asset Utilization Ratio at 0.45 (Q2 2026), 0.45 (Q1 2026) and 0.43 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.94 Bn | 323.64 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 209.39 Bn | 203.97 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 174.05 Bn | 142.14 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 165.12 Bn | 162.30 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 120.51 Bn | 118.63 Bn | 2.25 Bn | 0.70 |
| 6 | Emerson Electric | 90.72 Bn | 83.46 Bn | 2.66 Bn | 0.44 |
| 7 | Vertiv Holdings | 90.08 Bn | 80.70 Bn | 1.23 Bn | 0.78 |
| 8 | 3M | 83.97 Bn | 65.37 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 75.88 Bn | 72.44 Bn | 1.90 Bn | 1.01 |
| 10 | Cummins | 72.44 Bn | 68.52 Bn | 2.47 Bn | 0.99 |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 0.45 |
| May 3, 2026 | 0.45 |
| Feb 1, 2026 | 0.45 |
| Nov 2, 2025 | 0.43 |
| Jul 27, 2025 | 0.42 |
| Apr 27, 2025 | 0.44 |
| Jan 26, 2025 | 0.46 |
| Oct 27, 2024 | 0.48 |
| Jul 28, 2024 | 0.52 |
| Apr 28, 2024 | 0.57 |
| Jan 28, 2024 | 0.59 |
| Oct 29, 2023 | 0.59 |
| Jul 30, 2023 | 0.61 |
| Apr 30, 2023 | 0.63 |
| Jan 29, 2023 | 0.61 |
| Oct 30, 2022 | 0.59 |
| Jul 31, 2022 | 0.57 |
| May 1, 2022 | 0.56 |
| Jan 30, 2022 | 0.54 |
| Oct 31, 2021 | 0.53 |
Deere Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=DE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "DE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=DE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();