3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Deere's 3-Year ROIIC % for the quarter that ended in Oct. 2025 was -2.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Deere's 3-Year ROIIC % or its related term are showing as below:
XSWX:DE's 3-Year ROIIC % is ranked worse than 60.89% of 202
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.97
vs XSWX:DE: -2.58
Deere (XSWX:DE) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Deere 3-Year ROIIC % Related Terms
Deere 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Deere's 3-Year ROIIC % 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.
XSWX:DE vs PCAR, CNH, OSK: 3-Year ROIIC % Comparison
For the Farm & Heavy Construction Machinery subindustry, Deere's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Deere's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Deere (XSWX:DE) has a 3-Year ROIIC % of -2.58 as of Oct. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Deere and its competitors. According to the industry distribution chart, Deere ranks #123 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 60.9%.
Is Deere's 3-Year ROIIC % too high?
Deere's current 3-Year ROIIC % is -2.58. Based on the distribution chart, Deere ranks #123 out of 202 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Deere has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Deere's 3-Year ROIIC % compare to PCAR and CNH?
According to the Farm & Heavy Construction Machinery industry distribution chart, Deere ranks #123 out of 202 companies for 3-Year ROIIC %. This places Deere in the lower half of its industry. The industry median 3-Year ROIIC % is 1.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Farm & Heavy Construction Machinery company?
The median 3-Year ROIIC % among Farm & Heavy Construction Machinery companies is 1.97, based on 202 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Deere and its competitors. For the Farm & Heavy Construction Machinery industry, the median 3-Year ROIIC % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deere's current 3-Year ROIIC % is -2.58. 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?
Deere (XSWX:DE) has a current 3-Year ROIIC % of -2.58. The stock's GF Value™ is CHF299.04, compared to a current price of CHF503.79 — trading 68.5% above its estimated fair value. The current 3-Year ROIIC % is -2.58. Deere's overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Deere (XSWX:DE), the current 3-Year ROIIC % is -2.58 as of Oct. 2025. 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 (XSWX:DE) Overvalued in 2026?
Based on GuruFocus' analysis, Deere stock appears to be overvalued.
The current stock price of CHF503.79 is trading 68.5% above its estimated GF Value™ of CHF299.04.
Key valuation signals for XSWX:DE:
3-Year ROIIC %: -2.58
GF Value™: CHF299.04 vs. price of CHF503.79 (68.5% above fair value)
No single metric tells the full story. See the XSWX: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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