Deere (DE) Return on Invested Capital [ROIC] (2009 - 2026)
Deere's Return on Invested Capital [ROIC] was 9.33% in fiscal Q3 2026 (quarter ended Aug 2, 2026), down 1.19 percentage points from 10.52% a year earlier and down 0.20 percentage points from the prior quarter.
Deere (DE) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 2, 2025), Return on Invested Capital [ROIC] at Deere came in at 10.55%, down 4.71 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +4.54 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 15.26% in FY2024 (-8.43 pp), 23.68% in FY2023 (+3.23 pp), 20.45% in FY2022 (+6.25 pp) and 14.20% in FY2021 (+8.19 pp).
- The fiscal Q3 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q2 2021.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for ten straight quarters, with an average year-over-year change of -5.17 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q4 2021 (a gain of 13.53 percentage points); the worst was fiscal Q2 2025 (a drop of 8.10 percentage points).
- Per Business Quant data, DE's Return on Invested Capital [ROIC] in the three fiscal quarters before Q3 2026 was 9.53% (Q2 2026), 9.90% (Q1 2026) and 10.26% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 352.81 Bn | 324.51 Bn | 7.76 Bn | 15.86% |
| 2 | Amphenol | 209.83 Bn | 204.41 Bn | 3.55 Bn | 16.52% |
| 3 | Deere | 174.88 Bn | 142.98 Bn | 4.66 Bn | 9.33% |
| 4 | Eaton | 166.02 Bn | 163.20 Bn | 2.86 Bn | 10.34% |
| 5 | Parker-Hannifin | 120.86 Bn | 118.98 Bn | 2.25 Bn | 15.40% |
| 6 | Emerson Electric | 90.89 Bn | 83.63 Bn | 2.66 Bn | 10.94% |
| 7 | Vertiv Holdings | 90.82 Bn | 81.44 Bn | 1.23 Bn | 23.98% |
| 8 | 3M | 84.12 Bn | 65.52 Bn | 2.68 Bn | 22.67% |
| 9 | Illinois Tool Works | 76.00 Bn | 72.56 Bn | 1.90 Bn | 27.10% |
| 10 | Cummins | 72.78 Bn | 68.86 Bn | 2.47 Bn | 13.63% |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 9.33% |
| May 3, 2026 | 9.53% |
| Feb 1, 2026 | 9.90% |
| Nov 2, 2025 | 10.26% |
| Jul 27, 2025 | 10.52% |
| Apr 27, 2025 | 11.99% |
| Jan 26, 2025 | 13.70% |
| Oct 27, 2024 | 15.34% |
| Jul 28, 2024 | 17.30% |
| Apr 28, 2024 | 20.09% |
| Jan 28, 2024 | 21.42% |
| Oct 29, 2023 | 21.60% |
| Jul 30, 2023 | 21.96% |
| Apr 30, 2023 | 21.43% |
| Jan 29, 2023 | 21.36% |
| Oct 30, 2022 | 19.34% |
| Jul 31, 2022 | 17.60% |
| May 1, 2022 | 18.43% |
| Jan 30, 2022 | 17.88% |
| Oct 31, 2021 | 19.16% |
Deere Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=DE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=DE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();