Deere & Company Financial Ratios — DE Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Return on Common Equity (%)	42.78	44.93	41.35	32.72	24.55	22.98	26.86	22.72	28.66	22.6	38.02	36.86	48.36	31.82	20.61
Return on Assets (%)	6.12	5.87	6.11	5.23	3.25	2.63	3.49	3.49	4.55	3.72	7.49	8.19	10.47	6.72	4.71
Return on Capital (%)	10.29	9.81	9.56	7.93	5.39	4.78	6.06	5.93	7.99	6.29	10.66	11.4	15.29	11.15	8.5
Return on Invested Capital (%)	8.98	8.63	8.51	6.75	4.29	3.58	4.4	4.82	6.84	5.37	9.36	9.92	14.14	9.98	7.42
Gross Margin (%)	29.8	29.18	30.45	29.27	27.89	29.12	29.99	29.28	29.6	31.27	31.87	30.67	37.02	38.59	36.48
EBITDA Margin (%)	16.8	16.48	18.01	16.87	14.69	14.68	16.24	17.29	17.86	18.68	22.57	21.3	27.54	26.81	23.83
Operating Margin (%)	13.89	13.65	14.93	13.16	9.78	8.66	10.25	12	12.6	12.58	17.81	17.6	24.22	22.62	18.84
Incremental Operating Margin (%)	18.83	11.81	42.93	48.36	26.58	22.64	25.36	18.4	23.89	12.74	39.65	16.52	62.07	32.52	51.44
Pretax Margin (%)	13.45	13.34	14.77	13.61	9.87	8.59	11.02	11.17	10.65	11.18	17.67	17.8	21.61	18.22	14.01
Profit Margin (%)	8.92	8.64	9.53	8.97	6.89	5.88	7.54	6.5	8.48	7.92	13.86	13.91	16.87	14.05	11.25
Net Income to Common Margin (%)	8.92	8.64	9.53	8.97	6.89	5.88	7.54	6.5	8.48	7.92	13.86	13.91	16.87	14.05	11.25
Effective Tax Rate (%)	33.71	35.05	35.49	33.9	30.22	31.48	30.79	42.42	20.84	27.87	21.81	21.99	22.05	22.75	20.12
Dvd Payout Ratio (%)	21.06	22.67	21.28	24.83	42.04	50.12	35.39	33.95	28.92	34.7	17.43	18.42	14.07	22.68	34.61
Sustainable Growth Rate (%)	33.77	34.74	32.55	24.59	14.23	11.46	17.35	15.01	20.37	14.75	31.39	30.07	41.55	24.61	13.47

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Total Debt	26,589	32,421	34,476	36,958	36,850	35,612	40,045	42,256	45,334	46,295	48,691	52,201	63,692	65,463	64,250
ST Debt	9,629	9,968	12,898	12,578	13,017	11,909	14,154	15,019	15,105	13,561	15,803	18,605	25,215	22,234	20,706
LT Debt	16,960	22,453	21,578	24,381	23,833	23,703	25,891	27,237	30,229	32,734	32,888	33,596	38,477	43,229	43,544
Total Debt/EBITDA	5.04	5.55	5.16	6.22	8.91	9.37	8.62	6.71	6.62	7.14	5.01	4.78	3.84	4.83	6.04
Net Debt/EBITDA	4.35	4.75	4.64	5.58	7.9	8.23	6.61	6.09	6.04	5.98	4.16	4.31	3.37	4.27	5.23
Total Debt/EBIT	6.1	6.7	6.22	7.97	13.38	15.88	13.66	9.66	9.38	10.6	6.35	5.78	4.37	5.73	7.63
Net Debt/EBIT	5.26	5.74	5.59	7.15	11.87	13.95	10.47	8.77	8.57	8.87	5.27	5.22	3.83	5.06	6.61
EBITDA to Interest Expense	6.94	7.47	9.01	8.95	6.08	4.98	5.17	5.23	4.67	5.2	9.78	10.28	6.77	4.05	3.36
EBITDA-CapEx/Interest Expense	4.73	4.76	5.81	4.95	1.93	1.11	2.29	2.78	2.32	3.07	7.18	6.72	4.94	2.61	2.02
EBIT to Interest Expense	5.74	6.19	7.48	6.98	4.05	2.94	3.26	3.63	3.3	3.5	7.72	8.5	5.95	3.41	2.65
Interest Expense	759	783	741	664	680	764	899	1,204	1,466	1,247	993	1,062	2,453	3,348	3,170
Common Equity/Total Assets	14.11	12.16	17.25	14.78	11.64	11.26	14.53	16.1	15.63	17.23	21.91	22.51	20.93	21.28	24.48
Long-Term Debt/Equity (%)	248.87	327.21	210.15	268.94	352.68	362.17	270.42	240.93	264.45	252.89	178.41	165.03	175.81	188.57	167.43
Long-Term Debt/Capital (%)	50.77	57.16	48.23	52.97	54.65	56.23	52.18	50.85	53.25	55.26	49	46.3	44.96	48.91	48.24
Long-Term Debt/Total Assets (%)	35.18	39.91	36.25	39.75	41.13	40.92	39.36	38.85	41.4	43.59	39.1	37.32	36.97	40.28	41.08
Total Debt/Equity (%)	390.17	472.47	335.77	407.68	545.31	544.12	418.24	373.78	396.59	357.66	264.14	256.43	291.02	285.55	247.05
Total Debt/Capital (%)	79.6	82.53	77.05	80.3	84.5	84.48	80.7	78.89	79.86	78.15	72.54	71.94	74.43	74.06	71.19
Total Debt/Total Assets (%)	55.16	57.62	57.92	60.26	63.59	61.49	60.87	60.27	62.09	61.65	57.89	57.98	61.19	61	60.62
Net Debt to Equity	336.65	404.67	301.65	365.91	483.72	477.88	320.75	339.25	362.4	299.43	219.01	231.39	255.54	252.28	213.87
Net Debt/Capital (%)	77.1	80.19	75.1	78.54	82.87	82.7	76.23	77.23	78.3	74.29	68.3	69.49	71.59	71.35	67.85
EBITDA	5,273	5,846	6,682	5,944	4,136	3,802	4,648	6,302	6,853	6,486	9,713	10,921	16,595	13,545	10,645
EBITDA-CapEx	3,592	3,725	4,307	3,285	1,310	847	2,056	3,352	3,404	3,830	7,133	7,133	12,127	8,743	6,417
Operating Income (Loss)	4,358	4,842	5,542	4,638	2,754	2,242	2,932	4,375	4,834	4,368	7,663	9,026	14,591	11,427	8,416

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Cash Ratio	0.27	0.34	0.25	0.25	0.24	0.26	0.45	0.18	0.19	0.34	0.33	0.18	0.22	0.24	0.3
Current Ratio	2.14	2.31	2.13	2.24	2.13	2.18	2.15	1.93	2.06	2.29	2.24	2.1	2.02	2.16	2.31
Quick Ratio	1.87	2.01	1.87	2.03	1.94	1.99	1.97	1.67	1.81	2.07	1.97	1.79	1.78	1.86	2.06
CFO/Avg Current Liab	0.16	0.07	0.17	0.17	0.19	0.2	0.11	0.08	0.14	0.32	0.32	0.17	0.25	0.25	0.22
Common Equity/Total Assets	14.11	12.16	17.25	14.78	11.64	11.26	14.53	16.1	15.63	17.23	21.91	22.51	20.93	21.28	24.48
Long-Term Debt/Equity (%)	248.87	327.21	210.15	268.94	352.68	362.17	270.42	240.93	264.45	252.89	178.41	165.03	175.81	188.57	167.43
Long-Term Debt/Capital (%)	50.77	57.16	48.23	52.97	54.65	56.23	52.18	50.85	53.25	55.26	49	46.3	44.96	48.91	48.24
Long-Term Debt/Total Assets (%)	35.18	39.91	36.25	39.75	41.13	40.92	39.36	38.85	41.4	43.59	39.1	37.32	36.97	40.28	41.08
Total Debt/Equity (%)	390.17	472.47	335.77	407.68	545.31	544.12	418.24	373.78	396.59	357.66	264.14	256.43	291.02	285.55	247.05
Total Debt/Capital (%)	79.6	82.53	77.05	80.3	84.5	84.48	80.7	78.89	79.86	78.15	72.54	71.94	74.43	74.06	71.19
Total Debt/Total Assets (%)	55.16	57.62	57.92	60.26	63.59	61.49	60.87	60.27	62.09	61.65	57.89	57.98	61.19	61	60.62
CFO/Total Liabilities	5.62	2.36	6.61	6.75	7.34	7.34	3.91	3.1	5.54	12.04	11.76	6.74	10.45	10.94	9.33
CFO/CapEx	1.38	0.55	1.37	1.33	1.33	1.28	0.85	0.62	0.99	2.82	2.99	1.24	1.92	1.92	1.76
Altman's Z-Score	2.33	2.27	2.27	2.17	1.97	1.95	2.07	2.22	2.37	2.5	2.96	3.15	3.04	2.91	3

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Accounts Receivable Turnover	9.29	10	9.82	10.02	8.9	8.54	8.25	8.17	7.5	7.39	10.27	9.66	8.52	7.69	8.29
Days Sales Outstanding	39.3	36.49	37.16	36.43	41.02	42.72	44.23	44.7	48.66	49.41	35.53	37.79	42.86	47.44	44.04
Inventory Turnover	5.93	5.27	5.11	5.45	5.06	5.13	5.53	5.13	4.46	4.35	4.95	4.62	4.53	4.02	3.86
Days Inventory Outstanding	61.57	69.29	71.45	66.95	72.15	71.16	66	71.16	81.89	83.92	73.67	78.92	80.61	90.7	94.61
Accounts Payable Turnover	11.71	11.65	11.47	12.62	12.86	11.79	11.23	12.36	12.03	11.67	12.22	10.54	10.22	9.73	10.09
Accounts Payable Turnover Days	31.18	31.32	31.83	28.92	28.38	30.95	32.49	29.53	30.33	31.27	29.87	34.62	35.71	37.5	36.16
Cash Conversion Cycle	69.69	74.45	76.78	74.47	84.79	82.92	77.74	86.33	100.22	102.06	79.34	82.09	87.76	100.64	102.48
Inventory to Cash Days	-22.28	-32.8	-34.29	-30.52	-31.13	-28.44	-21.76	-26.47	-33.22	-34.51	-38.14	-41.14	-37.75	-43.26	-50.57
Inventories	4,371	5,170	4,935	4,210	3,817	3,341	3,904	6,149	5,975	4,999	6,836	8,539	8,219	7,199	7,508
Raw Materials	1,626	1,874	1,954	1,724	1,559	1,369	1,688	2,233	2,285	1,995	3,524	4,442	4,080	3,486	3,402
Work In Process	647	652	753	654	450	453	495	776	747	648	994	1,190	1,010	930	956
Finished Goods	3,584	4,065	3,757	3,360	3,234	2,976	3,182	4,777	4,613	4,006	4,373	5,363	5,435	5,364	5,769
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	55	44	59	106	102

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Market Capitalization	30,821	33,134	30,592	29,554	24,702	27,794	42,766	43,132	54,530	70,858	105,454	118,260	102,880	109,975	124,803
- Cash & Cash Equivalents	3,647	4,652	3,504	3,787	4,162	4,336	9,335	3,904	3,857	7,066	8,017	4,774	7,458	7,324	8,276
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	15	20	2	3	14	25	17	17	18	7	3	95	101	89	57
+ Total Debt	26,589	32,421	34,476	36,958	36,850	35,612	40,045	42,256	45,334	46,295	48,691	52,201	63,692	65,463	64,250
Enterprise Value	52,990	59,452	59,941	61,514	56,966	58,641	73,042	81,011	95,444	109,453	145,403	165,048	158,269	167,049	179,423
Total Capital	33,404	39,283	44,744	46,024	43,608	42,157	49,619	53,561	56,765	59,239	67,125	72,558	85,578	88,388	90,257
Total Debt/Capital (%)	79.6	82.53	77.05	80.3	84.5	84.48	80.7	78.89	79.86	78.15	72.54	71.94	74.43	74.06	71.19
Total Debt / EV	0.5	0.55	0.58	0.6	0.65	0.61	0.55	0.52	0.47	0.42	0.33	0.32	0.4	0.39	0.36
EV/Sales	1.69	1.68	1.62	1.75	2.02	2.26	2.55	2.22	2.49	3.15	3.38	3.22	2.63	3.31	4.02
EV/EBITDA	10.05	10.17	8.97	10.35	13.77	15.42	15.71	12.85	13.93	16.88	14.97	15.11	9.54	12.33	16.86
EV/EBIT	12.16	12.28	10.82	13.26	20.69	26.15	24.91	18.52	19.74	25.06	18.97	18.29	10.85	14.62	21.32
EV/Cash Flow to Firm	18.73	35.47	16.06	15.52	13.46	13.66	25.92	32.21	20.87	13.06	17.1	29.86	15.07	14.14	17.96
EV/Free Cash Flow to Firm	11.75	15.66	9.81	9.29	8.07	8.09	13.5	14.82	11.9	9.92	13.12	17.72	10.57	10.05	12.62
Diluted Market Cap	32,060	34,304	31,852	31,316	26,208	27,956	42,960	44,330	55,829	71,523	107,485	121,240	107,270	112,140	125,425
Diluted Enterprise Value	55,017	62,093	62,826	64,491	58,910	59,257	73,687	82,699	97,324	110,759	148,162	168,762	163,605	170,368	181,456
EV per Share	130.5	153.3	160.36	178.04	179.88	186.3	226.95	254.39	304.8	348.96	471.99	552.42	562.06	614.71	663.66
TTM Sales	31,389	35,482	37,113	35,243	28,156	25,898	28,617	36,458	38,379	34,722	43,033	51,282	60,248	50,518	44,665
TTM EBITDA	5,273	5,846	6,682	5,944	4,136	3,802	4,648	6,302	6,853	6,486	9,713	10,921	16,595	13,545	10,645
TTM Operating Income	4,358	4,842	5,542	4,638	2,754	2,242	2,932	4,375	4,834	4,368	7,663	9,026	14,591	11,427	8,416
TTM Cash Flow to Firm	2,830	1,676	3,733	3,965	4,233	4,293	2,818	2,515	4,572	8,383	8,502	5,527	10,501	11,817	9,991
TTM Free Cash Flow to Firm	4,510	3,797	6,108	6,624	7,059	7,248	5,410	5,465	8,021	11,039	11,082	9,315	14,969	16,619	14,219

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Price/Free Cash Flow	8	10.43	5.66	5.06	3.98	4.16	8.97	9.29	8.14	7.05	10.43	14.29	8.22	7.99	10.73
EV/EBIT	12.16	12.28	10.82	13.26	20.69	26.15	24.91	18.52	19.74	25.06	18.97	18.29	10.85	14.62	21.32
Enterprise Value	52,990	59,452	59,941	61,514	56,966	58,641	73,042	81,011	95,444	109,453	145,403	165,048	158,269	167,049	179,423
Low Price	59.92	69.51	79.5	78.88	71.85	70.16	87.38	128.32	132.68	106.14	227.5	283.81	345.55	340.2	387.03
EV/Sales	1.69	1.68	1.62	1.75	2.02	2.26	2.55	2.22	2.49	3.15	3.38	3.22	2.63	3.31	4.02
EV/EBITDA	10.05	10.17	8.97	10.35	13.77	15.42	15.71	12.85	13.93	16.88	14.97	15.11	9.54	12.33	16.86
Price/Earnings	11.31	11.07	8.91	9.82	13.41	18.26	19.66	18.45	16.94	25.74	17.89	16.9	10.5	15.73	24.88
Price/Earnings Average	12.36	10.3	9.37	10.03	15.13	16.68	16.93	20.38	15.34	19.68	17.49	15.49	11.62	14.95	25.47
Price/Earnings High	14.88	11.62	10.41	10.89	16.89	18.48	19.79	23.88	17.16	27.74	20.92	19.08	12.93	16.35	28.76
Price/Earnings Low	8.93	9.01	8.66	9.06	12.36	14.51	12.93	17.48	12.91	12.1	11.89	12.12	9.93	13.22	20.86
Price/Book Value	4.53	4.84	2.98	3.26	3.66	4.26	4.47	3.82	4.78	5.48	5.72	5.84	4.72	4.82	4.81
Price/Book Value Average	4.95	4.51	3.13	3.33	4.13	3.89	3.85	4.22	4.33	4.19	5.59	5.35	5.23	4.58	4.92
Price/Book Value High	5.96	5.08	3.48	3.62	4.61	4.31	4.5	4.94	4.84	5.9	6.69	6.59	5.82	5	5.56
Price/Book Value Low	3.58	3.94	2.89	3.01	3.37	3.39	2.94	3.62	3.64	2.57	3.8	4.18	4.47	4.05	4.03
Price/Tangible Book Value	5.43	5.7	3.27	3.6	4.15	4.96	5.15	6.51	7.66	8.31	7.76	7.89	6.31	6.33	6.12
Price/Tangible Book Value Average	5.93	5.3	3.44	3.68	4.68	4.53	4.43	7.19	6.94	6.35	7.59	7.23	6.98	6.01	6.26
Price/Tangible Book Value High	7.14	5.98	3.82	4	5.23	5.02	5.18	8.42	7.76	8.95	9.08	8.91	7.77	6.58	7.07
Price/Tangible Book Value Low	4.29	4.63	3.18	3.32	3.82	3.94	3.39	6.17	5.84	3.9	5.16	5.66	5.97	5.32	5.13
Price/Sales	1.01	0.96	0.85	0.88	0.92	1.07	1.48	1.2	1.44	2.04	2.48	2.35	1.77	2.21	2.8
Price/Sales Average	1.1	0.89	0.89	0.9	1.04	0.98	1.28	1.32	1.3	1.56	2.42	2.15	1.96	2.1	2.87
Price/Sales High	1.33	1	0.99	0.98	1.16	1.09	1.49	1.55	1.45	2.2	2.9	2.65	2.18	2.3	3.24
Price/Sales Low	0.8	0.78	0.83	0.81	0.85	0.85	0.98	1.14	1.09	0.96	1.65	1.69	1.68	1.86	2.35
Price/Cash Flow	13.62	29.06	9.69	8.81	6.92	7.38	19.33	23.98	16.15	9.46	13.81	25.65	12.43	12.1	16.77
Price/Cash Flow Average	14.88	27.05	10.19	9	7.81	6.74	16.65	26.49	14.63	7.23	13.5	23.51	13.75	11.5	17.16
Price/Cash Flow High	17.91	30.5	11.32	9.77	8.72	7.47	19.46	31.03	16.36	10.2	16.15	28.95	15.31	12.57	19.39
Price/Cash Flow Low	10.75	23.64	9.41	8.12	6.38	5.87	12.71	22.72	12.31	4.45	9.18	18.39	11.76	10.17	14.06
Price/Free Cash Flow Average	8.74	9.71	5.95	5.17	4.49	3.8	7.73	10.26	7.37	5.39	10.19	13.1	9.09	7.59	10.99
Price/Free Cash Flow High	10.52	10.95	6.61	5.62	5.01	4.21	9.03	12.02	8.24	7.6	12.2	16.12	10.12	8.3	12.41
Price/Free Cash Flow Low	6.32	8.49	5.5	4.67	3.67	3.3	5.9	8.8	6.2	3.31	6.93	10.24	7.77	6.72	9
EV/Sales Average	1.8	1.65	1.7	1.8	2.15	2.19	2.36	2.36	2.37	2.69	3.34	3.04	2.82	3.22	4.11
EV/Sales High	2.02	1.76	1.8	1.87	2.27	2.29	2.58	2.58	2.52	3.33	3.81	3.53	3.04	3.41	4.49
EV/Sales Low	1.51	1.54	1.64	1.71	1.97	2.06	2.06	2.17	2.16	2.09	2.57	2.58	2.55	2.98	3.6
EV/EBITDA Average	10.74	10.03	9.45	10.66	14.65	14.91	14.53	13.65	13.26	14.4	14.8	14.28	10.26	12.01	17.26
EV/EBITDA High	12.04	10.7	9.98	11.1	15.43	15.63	15.87	14.94	14.11	17.82	16.89	16.57	11.03	12.73	18.82
EV/EBITDA Low	8.97	9.36	9.08	10.17	13.41	14.04	12.66	12.57	12.12	11.18	11.4	12.12	9.26	11.12	15.09
EV/EBIT Average	12.99	12.11	11.39	13.67	22	25.28	23.04	19.66	18.8	21.38	18.76	17.28	11.66	14.24	21.84
EV/EBIT High	14.57	12.92	12.04	14.22	23.17	26.5	25.16	21.53	20.01	26.46	21.4	20.05	12.55	15.1	23.8
EV/EBIT Low	10.85	11.31	10.95	13.03	20.14	23.81	20.07	18.11	17.18	16.6	14.45	14.66	10.53	13.19	19.09
Last Price	75.9	85.44	81.84	85.54	78	88.3	132.88	135.44	174.14	225.91	342.31	395.82	365.36	404.69	461.63
High Price	99.8	89.7	95.6	94.89	98.23	89.34	133.76	175.26	176.39	243.4	400.34	446.76	450	420.47	533.78
Enterprise Value Average	56,627	58,630	63,132	63,372	60,575	56,686	67,553	86,011	90,870	93,394	143,759	155,931	170,184	162,731	183,785
Enterprise Value High	63,483	62,575	66,710	65,959	63,810	59,422	73,776	94,181	96,730	115,580	164,008	181,001	183,048	172,492	200,340
Enterprise Value Low	47,289	54,745	60,691	60,428	55,456	53,385	58,849	79,233	83,042	72,527	110,762	132,316	153,636	150,678	160,665

Shares Outstanding	406	388	374	346	317	315	322	318	313	314	308	299	282	272	270
Diluted Weighted Avg Shares	422	402	389	366	336	317	323	327	321	317	314	306	294	277	272
Basic Weighted Avg Shares	417	397	385	363	334	315	320	323	316	314	312	304	292	276	271
Revenue per Share	75.2	89.35	96.32	97.09	84.4	82.17	89.57	113.01	121.26	110.76	138.1	168.41	206.19	183.04	164.88
EBITDA per Share	12.63	14.72	17.34	16.37	12.4	12.06	14.55	19.54	21.65	20.69	31.17	35.87	56.79	49.08	39.29
Operating Income per Share	10.44	12.19	14.38	12.78	8.25	7.11	9.18	13.56	15.27	13.93	24.59	29.64	49.93	41.4	31.07
Basic EPS, GAAP	6.71	7.72	9.18	8.71	5.82	4.83	6.76	7.34	10.28	8.78	19.14	23.42	34.79	25.72	18.56
Basic EPS from Cont Ops	6.73	7.74	9.18	8.71	5.82	4.83	6.76	7.35	10.29	8.78	19.14	23.42	34.75	25.68	18.45
Diluted EPS, GAAP	6.63	7.63	9.09	8.64	5.77	4.81	6.68	7.23	10.15	8.69	18.99	23.28	34.63	25.62	18.5
Diluted EPS from Cont Ops	6.65	7.65	9.09	8.64	5.78	4.81	6.68	7.24	10.16	8.7	19	23.28	34.59	25.58	18.4
Dividend per Share	1.42	1.76	1.95	2.17	2.45	2.42	2.39	2.5	2.98	3.05	3.34	4.31	4.88	5.82	6.35
Cash Flow per Share	5.57	2.94	8.45	9.71	11.27	11.96	6.87	5.65	10.78	23.87	24.79	15.43	29.39	33.45	27.53
Free Cash Flow per Basic Share	1.55	-2.4	2.28	2.39	2.8	2.58	-1.24	-3.5	-0.12	15.4	16.51	2.99	14.1	16.05	11.93
Cash & Equivalents per Share	10.92	15.79	13.72	14.48	14.52	15.22	30.41	13.8	14.17	24.57	28.39	18.44	29.85	31.2	35.83
Book Value per Share	16.75	17.64	27.46	26.23	21.29	20.71	29.7	35.45	36.45	41.25	59.83	67.82	77.37	84.03	95.99
Tangible Book Value per Share	13.97	15	25	23.74	18.8	17.79	25.81	20.8	22.72	27.19	44.09	50.16	57.89	63.93	75.46

Deere & Company

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)