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DeereDE -0.29%89 EV-to-EBITDA is 18.87 as of Jul. 18, 2026, which is 38% above its 10-year median of 13.66. GuruFocus rates DE with a GF Score™ of 89/100 and a GF Value™ of $372.75 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 179 Farm & Heavy Construction Machinery companies, Deere ranks worse than 81.01% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Deere's enterprise value is $216,098 Mil.
Deere's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $11,450 Mil. Therefore, Deere's EV-to-EBITDA for today is 18.87.
The historical rank and industry rank for Deere's EV-to-EBITDA or its related term are showing as below:
DE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.04 Med: 13.66 Max: 20.31
Current: 18.87
During the past 13 years, the highest EV-to-EBITDA of Deere was 20.31. The lowest was 9.04. And the median was 13.66.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-07-18), Deere's stock price is $597.24.
Deere's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $17.650. Therefore, Deere's PE Ratio (TTM) for today is 33.84.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Deere (NYSE:DE) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Deere's share price for today is $597.24.
Deere's Earnings per Share (Diluted) 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 $17.650.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Deere's EV-to-EBITDA 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-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Deere's EV-to-EBITDA falls into.
Deere's current Enterprise Value is $216,098 Mil.
Deere's EBITDA 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 $11,450 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-EBITDA of 18.87 as of Jul. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Deere. This is 38% above median its historical median of 13.66. Over the past decade, Deere's EV-to-EBITDA has ranged from 9.04 to 20.31. According to the industry distribution chart, Deere ranks #145 out of 179 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 81%.
Is Deere's EV-to-EBITDA too high?
Deere's current EV-to-EBITDA of 18.87 is 38% above median its 10-year median of 13.66. Over the past 10 years, this metric has ranged from a low of 9.04 to a high of 20.31. The Farm & Heavy Construction Machinery industry median EV-to-EBITDA is 9.30. Deere's value of 18.87 is 102.9% above this industry median. Based on the distribution chart, Deere ranks #145 out of 179 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-EBITDA compare to PCAR and CNH?
According to the Farm & Heavy Construction Machinery industry distribution chart, Deere ranks #145 out of 179 companies for EV-to-EBITDA. This places Deere in the lower half of its industry. The industry median EV-to-EBITDA is 9.30. Deere's value of 18.87 is 102.9% above this benchmark. Historically, Deere's own EV-to-EBITDA has ranged from 9.04 to 20.31 over the past decade. While the company's 10-year median is 13.66 vs. the industry median of 9.30, 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-EBITDA for a Farm & Heavy Construction Machinery company?
The median EV-to-EBITDA among Farm & Heavy Construction Machinery companies is 9.30, based on 179 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deere's current EV-to-EBITDA of 18.87 is 102.9% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Deere. For the Farm & Heavy Construction Machinery industry, the median EV-to-EBITDA is 9.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deere's current EV-to-EBITDA is 18.87, which is 38% above median its own 10-year median of 13.66. 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 $372.75, compared to a current price of $597.24 — trading 60.2% above its estimated fair value. The current EV-to-EBITDA is 18.87, which is 38% above median its 10-year median of 13.66 and 102.9% above the Farm & Heavy Construction Machinery industry median of 9.30. Deere's overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Deere (DE), the current EV-to-EBITDA is 18.87 as of Jul. 18, 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 60.2% above its estimated GF Value™ of $372.75.
GuruFocus considers Deere to be Significantly Overvalued.
Key valuation signals for DE:
EV-to-EBITDA: 18.87 (38% above median its 10-year median of 13.66)
GF Value™: $372.75 vs. price of $597.24 (60.2% above fair value)
Industry Position: 102.9% above the Farm & Heavy Construction Machinery median (#145 of 179)
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-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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