DeereDE +5.00%87 Net Margin % is 13.54% as of Apr. 2026, which is 37% above its 10-year median of 9.87. GuruFocus rates DE with a GF Score™ of 87/100 and a GF Value™ of $377.85 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 211 Farm & Heavy Construction Machinery companies, Deere ranks better than 80.57% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Deere's Net Income for the
three
months ended in Apr. 2026 was $1,773 Mil. Deere's Revenue for the
three
months ended in Apr. 2026 was $13,092 Mil. Therefore, Deere's net margin for the quarter that ended in Apr. 2026 was 13.54%.
The historical rank and industry rank for Deere's Net Margin % or its related term are showing as below:
DE'
s Net Margin % Range Over the Past 10 Years
Min: 5.88 Med: 9.87 Max: 16.87
Current: 10.33
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Deere Net Margin % Related Terms
Deere Net Margin % Historical Data
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The historical data trend for Deere's Net Margin % 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 Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's Net Margin % distribution charts can be found below:
* The bar in red indicates where Deere's Net Margin % falls into.
* 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 Net Margin % of 13.54% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Deere and its competitors. This is 37% above median its historical median of 9.87. Over the past decade, Deere's Net Margin % has ranged from 5.88 to 16.87. According to the industry distribution chart, Deere ranks #41 out of 211 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 19.4%.
Is Deere's Net Margin % too high?
Deere's current Net Margin % of 13.54% is 37% above median its 10-year median of 9.87. Over the past 10 years, this metric has ranged from a low of 5.88 to a high of 16.87. The Farm & Heavy Construction Machinery industry median Net Margin % is 5.14. Deere's value of 13.54% is 163.4% above this industry median. Based on the distribution chart, Deere ranks #41 out of 211 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Deere has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deere's Net Margin % compare to PCAR and CNH?
According to the Farm & Heavy Construction Machinery industry distribution chart, Deere ranks #41 out of 211 companies for Net Margin %. This places Deere in the top 19% of its industry — outperforming the majority of peers. The industry median Net Margin % is 5.14. Deere's value of 13.54% is 163.4% above this benchmark. Historically, Deere's own Net Margin % has ranged from 5.88 to 16.87 over the past decade. While the company's 10-year median is 9.87 vs. the industry median of 5.14, 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 Net Margin % for a Farm & Heavy Construction Machinery company?
The median Net Margin % among Farm & Heavy Construction Machinery companies is 5.14, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deere's current Net Margin % of 13.54% is 163.4% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Deere and its competitors. For the Farm & Heavy Construction Machinery industry, the median Net Margin % is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deere's current Net Margin % is 13.54%, which is 37% above median its own 10-year median of 9.87. 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 $377.85, compared to a current price of $630.76 — trading 66.9% above its estimated fair value. The current Net Margin % is 13.54%, which is 37% above median its 10-year median of 9.87 and 163.4% above the Farm & Heavy Construction Machinery industry median of 5.14. Deere's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Deere (DE), the current Net Margin % is 13.54% as of Apr. 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 $630.76 is trading 66.9% above its estimated GF Value™ of $377.85.
GuruFocus considers Deere to be Significantly Overvalued.
Key valuation signals for DE:
Net Margin %: 13.54% (37% above median its 10-year median of 9.87)
GF Value™: $377.85 vs. price of $630.76 (66.9% above fair value)
Industry Position: 163.4% above the Farm & Heavy Construction Machinery median (#41 of 211)
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.
87GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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