Deere (DE) Debt to Equity (2009 - 2026)

Deere (DE) recorded quarterly Debt to Equity of $0.79 in Q2 2026, little changed quarter-over-quarter from $0.79 in Q1 2026, and down 18.7% on a YoY basis from $0.97 in Q2 2025.

Deere (DE) Debt to Equity (2009 - 2026) Analysis & Trends

Deere's Debt to Equity history runs 18 years deep, the most recent figure standing at $0.79 for Q2 2026.

  • In Q2 2026, Debt to Equity fell 18.7% year-over-year to $0.79; the TTM figure through May 2026 stood at $0.79 (down 18.7% YoY), while the FY2025 annual figure was $0.79, down 18.27% from the prior year.
  • Debt to Equity was $0.79 for Q2 2026 at Deere, roughly flat from $0.79 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.14 in Q4 2023 to a low of $0.79 in Q4 2025.
  • Historically, Debt to Equity has averaged $0.94 across 5 years, with a median of $0.94 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity tumbled 69.69% in 2022, then grew 26.7% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.9 in 2022, then gained by 26.7% to $1.14 in 2023, then decreased by 15.98% to $0.96 in 2024, then retreated by 18.27% to $0.79 in 2025, then advanced by 0.12% to $0.79 in 2026.
  • The last three Debt to Equity figures came in at $0.79 (Q2 2026), $0.79 (Q1 2026), and $0.79 (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Caterpillar 397.22 Bn 393.14 Bn 6.11 Bn 1.07
2 Deere 151.61 Bn 143.71 Bn 13.06 Bn 0.79
3 Paccar 60.18 Bn 59.49 Bn 1.36 Bn -
4 Oshkosh 8.00 Bn 7.75 Bn 311.90 Mn 0.13
5 Terex 5.74 Bn 5.35 Bn 206.00 Mn 0.57
6 Blue Bird 2.18 Bn 1.91 Bn 70.65 Mn 0.30
7 Alamo 1.82 Bn 1.62 Bn 104.81 Mn 0.25
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 0.24
9 Astec Industries 1.14 Bn 1.06 Bn 99.10 Mn 0.56
10 Hyster-Yale 613.93 Mn 618.23 Mn 124.80 Mn 0.92

Historic Data

Download Data
DateValue
May 3, 2026 0.79
Feb 1, 2026 0.79
Nov 2, 2025 0.79
Jul 27, 2025 0.88
Apr 27, 2025 0.97
Jan 26, 2025 0.93
Oct 27, 2024 0.96
Jul 28, 2024 1.00
Apr 28, 2024 1.09
Jan 28, 2024 1.05
Oct 29, 2023 1.14
Jul 30, 2023 1.03
Apr 30, 2023 1.00
Jan 29, 2023 0.89
Oct 30, 2022 0.90
Jul 31, 2022 1.00
May 1, 2022 0.87
Jan 30, 2022 0.81
Oct 31, 2021 0.84
Aug 1, 2021 1.00