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DeereDE -0.29%89 EV-to-EBIT is 23.64 as of Jul. 17, 2026, which is 31% above its 10-year median of 18.03. GuruFocus rates DE with a GF Score™ of 89/100 and a GF Value™ of $372.97 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 176 Farm & Heavy Construction Machinery companies, Deere ranks worse than 76.7% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Deere's Enterprise Value is $216,098 Mil.
Deere's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $9,141 Mil. Therefore, Deere's EV-to-EBIT for today is 23.64.
The historical rank and industry rank for Deere's EV-to-EBIT or its related term are showing as below:
DE'
s EV-to-EBIT Range Over the Past 10 Years
Min: 10.23 Med: 18.03 Max: 26.47
Current: 23.64
During the past 13 years, the highest EV-to-EBIT of Deere was 26.47. The lowest was 10.23. And the median was 18.03.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Deere's Enterprise Value for the quarter that ended in Apr. 2026 was $214,109 Mil.
Deere's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9,141 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Deere EV-to-EBIT Related Terms
Deere EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Deere's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Farm & Heavy Construction Machinery subindustry, Deere's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Deere EV-to-EBIT vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Deere's EV-to-EBIT falls into.
Deere's current Enterprise Value is $216,098 Mil.
Deere's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9,141 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Deere (DE) has a EV-to-EBIT of 23.64 as of Jul. 17, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Deere and its competitors. This is 31% above median its historical median of 18.03. Over the past decade, Deere's EV-to-EBIT has ranged from 10.23 to 26.47. According to the industry distribution chart, Deere ranks #135 out of 176 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 76.7%.
Is Deere's EV-to-EBIT too high?
Deere's current EV-to-EBIT of 23.64 is 31% above median its 10-year median of 18.03. Over the past 10 years, this metric has ranged from a low of 10.23 to a high of 26.47. The Farm & Heavy Construction Machinery industry median EV-to-EBIT is 13.55. Deere's value of 23.64 is 74.5% above this industry median. Based on the distribution chart, Deere ranks #135 out of 176 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Deere has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deere's EV-to-EBIT compare to PCAR and CNH?
According to the Farm & Heavy Construction Machinery industry distribution chart, Deere ranks #135 out of 176 companies for EV-to-EBIT. This places Deere in the lower half of its industry. The industry median EV-to-EBIT is 13.55. Deere's value of 23.64 is 74.5% above this benchmark. Historically, Deere's own EV-to-EBIT has ranged from 10.23 to 26.47 over the past decade. While the company's 10-year median is 18.03 vs. the industry median of 13.55, Deere has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Farm & Heavy Construction Machinery company?
The median EV-to-EBIT among Farm & Heavy Construction Machinery companies is 13.55, based on 176 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deere's current EV-to-EBIT of 23.64 is 74.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Deere and its competitors. For the Farm & Heavy Construction Machinery industry, the median EV-to-EBIT is 13.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deere's current EV-to-EBIT is 23.64, which is 31% above median its own 10-year median of 18.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deere stock overvalued right now?
Based on GuruFocus' analysis, Deere (DE) is currently considered Significantly Overvalued. The stock's GF Value™ is $372.97, compared to a current price of $597.24 — trading 60.1% above its estimated fair value. The current EV-to-EBIT is 23.64, which is 31% above median its 10-year median of 18.03 and 74.5% above the Farm & Heavy Construction Machinery industry median of 13.55. Deere's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Deere (DE), the current EV-to-EBIT is 23.64 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Deere (DE) Overvalued in 2026?
Based on GuruFocus' analysis, Deere stock appears to be overvalued.
The current stock price of $597.24 is trading 60.1% above its estimated GF Value™ of $372.97.
GuruFocus considers Deere to be Significantly Overvalued.
Key valuation signals for DE:
EV-to-EBIT: 23.64 (31% above median its 10-year median of 18.03)
GF Value™: $372.97 vs. price of $597.24 (60.1% above fair value)
Industry Position: 74.5% above the Farm & Heavy Construction Machinery median (#135 of 176)
No single metric tells the full story. See the DE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deere is the world's leading manufacturer of agricultural equipment and a major producer of construction machinery. The company is divided into four reporting segments: production & precision agriculture, or PPA, small agriculture & turf, or SAT, construction & forestry, or CF, and financial services, or FS, its captive finance subsidiary. The core PPA business is the largest contributor to sales and profits by far. Geographically, Deere sales are 60% US/Canada, 17% Europe, 14% Latin America, and 9% rest of the world. Deere goes to market through a robust dealer network that includes over 2,000 dealer locations in North America with reach into over 100 countries. John Deere Financial provides retail financing for machinery to its customers and wholesale financing for dealers.
89GF Score
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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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