Deere (DE) Interest Coverage Ratio (2009 - 2026)
Deere's (DE) Interest Coverage Ratio was 2.81 for fiscal Q3 2026 (quarter ended Aug 2, 2026), up 28.9% from 2.18 a year earlier but down 18.5% from the prior quarter.
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Analysis
Deere (DE) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 2, 2026, Deere's Interest Coverage Ratio came in at 2.31, up 16.2% year-over-year; for FY2025 (ended Nov 2, 2025), it was 2.06, down 27.5% from FY2024.
- Interest Coverage Ratio has declined for three consecutive fiscal years.
- By fiscal year, Interest Coverage Ratio came in at 2.84 in FY2024 (-48.2%), 5.49 in FY2023 (-38.7%), 8.95 in FY2022 (+11.0%) and 8.07 in FY2021 (+133.7%).
- Five-year quarterly Interest Coverage Ratio spans a low of 1.04 in fiscal Q1 2025 and a high of 14.28 in fiscal Q2 2022.
- Year over year, Interest Coverage Ratio has now increased in each of the last four quarters, with an average decline of 11.4% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was fiscal Q4 2021 (growth of 71.8%); the low point was fiscal Q1 2025 (a decline of 62.2%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 3.45 (Q2 2026), 1.16 (Q1 2026) and 1.88 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.94 Bn | 323.64 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 209.39 Bn | 203.97 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 174.05 Bn | 142.14 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 165.12 Bn | 162.30 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.51 Bn | 118.63 Bn | 2.25 Bn | 14.45 |
| 6 | Emerson Electric | 90.72 Bn | 83.46 Bn | 2.66 Bn | - |
| 7 | Vertiv Holdings | 90.08 Bn | 80.70 Bn | 1.23 Bn | 36.66 |
| 8 | 3M | 83.97 Bn | 65.37 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 75.88 Bn | 72.44 Bn | 1.90 Bn | 14.52 |
| 10 | Cummins | 72.44 Bn | 68.52 Bn | 2.47 Bn | 15.99 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 2.81 |
| May 3, 2026 | 3.45 |
| Feb 1, 2026 | 1.16 |
| Nov 2, 2025 | 1.88 |
| Jul 27, 2025 | 2.18 |
| Apr 27, 2025 | 3.20 |
| Jan 26, 2025 | 1.04 |
| Oct 27, 2024 | 1.67 |
| Jul 28, 2024 | 2.73 |
| Apr 28, 2024 | 3.71 |
| Jan 28, 2024 | 2.74 |
| Oct 29, 2023 | 3.87 |
| Jul 30, 2023 | 5.64 |
| Apr 30, 2023 | 6.85 |
| Jan 29, 2023 | 5.26 |
| Oct 30, 2022 | 8.47 |
| Jul 31, 2022 | 8.94 |
| May 1, 2022 | 14.28 |
| Jan 30, 2022 | 5.39 |
| Oct 31, 2021 | 8.06 |
API Access
Deere Interest Coverage 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=interest-coverage-ratio&ticker=DE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=DE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();