Deere (DE) Retained Earnings: $61,228 Mil (As of Apr. 2026)


DE Deere & Co DE
87 GF Score
Price $627.01
GF Value $375.42
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Deere Retained Earnings?

Deere DE +0.92% 87 Retained Earnings is $61,228 Mil as of Apr. 2026. GuruFocus rates DE with a GF Score™ of 87/100 and a GF Value™ of $375.42 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Deere's retained earnings for the quarter that ended in Apr. 2026 was $61,228 Mil.

Deere's quarterly retained earnings increased from Oct. 2025 ($59,676 Mil) to Jan. 2026 ($59,895 Mil) and increased from Jan. 2026 ($59,895 Mil) to Apr. 2026 ($61,228 Mil).

Deere's annual retained earnings increased from Oct. 2023 ($50,931 Mil) to Oct. 2024 ($56,402 Mil) and increased from Oct. 2024 ($56,402 Mil) to Oct. 2025 ($59,676 Mil).


Deere  (NYSE:DE) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Deere Retained Earnings Historical Data

* Premium members only.

The historical data trend for Deere's Retained Earnings 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.

Deere Retained Earnings Chart

Deere Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36,449.00 42,247.00 50,931.00 56,402.00 59,676.00

Deere Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58,191.00 59,023.00 59,676.00 59,895.00 61,228.00
DE
87GF Score
Deere & Co DE
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Deere Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $61,228 Mil mean?
Deere (DE) has a Retained Earnings of $61,228 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Deere and its competitors.
Is Deere's Retained Earnings too high?
Deere's current Retained Earnings is $61,228 Mil. 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 Retained Earnings compare to PCAR and CNH?
Deere's Retained Earnings of $61,228 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Farm & Heavy Construction Machinery company?
A good Retained Earnings depends on the Farm & Heavy Construction Machinery industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Deere and its competitors. Deere's current Retained Earnings is $61,228 Mil. 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 $375.42, compared to a current price of $627.01 — trading 67% above its estimated fair value. The current Retained Earnings is $61,228 Mil. Deere's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Deere (DE), the current Retained Earnings is $61,228 Mil 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 $627.01 is trading 67% above its estimated GF Value™ of $375.42. GuruFocus considers Deere to be Significantly Overvalued.

Key valuation signals for DE:

  • Retained Earnings: $61,228 Mil
  • GF Value™: $375.42 vs. price of $627.01 (67% above fair value)
  • GF Score™: 87/100 with 5 warning signs

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 Business Description

Address One John Deere Place, Moline, IL, USA, 61265
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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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$627.01
Price
$375.42
GF Value