Deere & Debt-to-Equity Ratio Growth & History (DE)
Deere &'s debt-to-equity ratio was 0.55 for fiscal 2025.
View full Deere & company overviewDeere & annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-02 | 0.55 | −0.06 | −10.01% |
| 2024 | 2024-10-27 | 0.61 | −0.23 | −27.47% |
| 2023 | 2023-10-29 | 0.84 | 0.20 | +31.44% |
| 2022 | 2022-10-30 | 0.64 | −1.76 | −73.33% |
| 2021 | 2021-10-31 | 2.40 | −0.83 | −25.66% |
| 2020 | 2020-11-01 | 3.22 | 0.57 | +21.64% |
| 2019 | 2019-11-03 | 2.65 | 0.24 | +9.77% |
| 2018 | 2018-10-28 | 2.41 | −0.30 | −10.93% |
| 2017 | 2017-10-29 | 2.71 | −0.93 | −25.48% |
| 2016 | 2016-10-31 | 3.64 | 0.10 | +2.86% |
| 2015 | 2015-11-01 | 3.53 | 0.84 | +31.37% |
| 2014 | 2014-10-31 | 2.69 | 0.59 | +27.99% |
| 2013 | 2013-10-31 | 2.10 | −1.18 | −35.95% |
| 2012 | 2012-10-31 | 3.28 | 0.79 | +31.58% |
| 2011 | 2011-10-31 | 2.49 | −0.18 | −6.70% |
| 2010 | 2010-10-31 | 2.67 | −0.94 | −25.94% |
| 2009 | 2009-10-31 | 3.61 | 1.48 | +69.64% |
| 2008 | 2008-10-31 | 2.13 | — | — |
Deere & quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-08-02 | 0.62 | 0.03 | +5.45% |
| Q2 2026 | 2026-05-03 | 0.58 | −0.09 | −12.78% |
| Q1 2026 | 2026-02-01 | 0.56 | −0.02 | −3.90% |
| Q4 2025 | 2025-11-02 | 0.55 | −0.06 | −10.01% |
| Q3 2025 | 2025-07-27 | 0.59 | −0.08 | −12.28% |
| Q2 2025 | 2025-04-27 | 0.67 | −0.12 | −15.65% |
| Q1 2025 | 2025-01-26 | 0.58 | −0.21 | −26.19% |
| Q4 2024 | 2024-10-27 | 0.61 | −0.23 | −27.47% |
| Q3 2024 | 2024-07-28 | 0.67 | −0.08 | −10.94% |
| Q2 2024 | 2024-04-28 | 0.79 | 0.02 | +1.94% |
| Q1 2024 | 2024-01-28 | 0.79 | 0.11 | +16.56% |
| Q4 2023 | 2023-10-29 | 0.84 | 0.20 | +31.44% |
| Q3 2023 | 2023-07-30 | 0.76 | −0.00 | −0.11% |
| Q2 2023 | 2023-04-30 | 0.78 | −1.61 | −67.44% |
| Q1 2023 | 2023-01-29 | 0.68 | −1.80 | −72.71% |
| Q4 2022 | 2022-10-30 | 0.64 | −1.76 | −73.33% |
| Q3 2022 | 2022-07-31 | 0.76 | −1.98 | −72.30% |
| Q2 2022 | 2022-05-01 | 2.39 | −0.51 | −17.48% |
| Q1 2022 | 2022-01-30 | 2.48 | −0.53 | −17.57% |
| Q4 2021 | 2021-10-31 | 2.40 | −0.83 | −25.66% |
| Q3 2021 | 2021-08-01 | 2.74 | −0.64 | −18.88% |
| Q2 2021 | 2021-05-02 | 2.89 | −0.03 | −1.05% |
| Q1 2021 | 2021-01-31 | 3.01 | 0.42 | +16.22% |
| Q4 2020 | 2020-11-01 | 3.22 | 0.57 | +21.64% |
| Q3 2020 | 2020-08-02 | 3.37 | 0.99 | +41.52% |
| Q2 2020 | 2020-05-03 | 2.92 | 0.55 | +23.32% |
| Q1 2020 | 2020-02-02 | 2.59 | 0.13 | +5.27% |
| Q4 2019 | 2019-11-03 | 2.65 | 0.24 | +9.77% |
| Q3 2019 | 2019-07-28 | 2.38 | −0.21 | −8.01% |
| Q2 2019 | 2019-04-28 | 2.37 | −0.15 | −6.09% |
| Q1 2019 | 2019-01-27 | 2.46 | −0.40 | −13.89% |
| Q4 2018 | 2018-10-28 | 2.41 | −0.30 | −10.93% |
| Q3 2018 | 2018-07-29 | 2.59 | −0.17 | −6.16% |
| Q2 2018 | 2018-04-29 | 2.52 | −0.50 | −16.58% |
| Q1 2018 | 2018-01-28 | 2.86 | −0.50 | −14.95% |
| Q4 2017 | 2017-10-29 | 2.71 | −0.93 | −25.48% |
| Q3 2017 | 2017-07-30 | 2.76 | −0.48 | −14.76% |
| Q2 2017 | 2017-04-30 | 3.03 | −0.41 | −12.05% |
| Q1 2017 | 2017-01-29 | 3.36 | −0.36 | −9.59% |
| Q4 2016 | 2016-10-31 | 3.64 | 0.10 | +2.86% |
| Q3 2016 | 2016-07-31 | 3.24 | 0.24 | +7.86% |
| Q2 2016 | 2016-04-30 | 3.44 | 0.55 | +19.04% |
| Q1 2016 | 2016-01-31 | 3.71 | 0.79 | +27.03% |
| Q4 2015 | 2015-11-01 | 3.53 | 0.84 | +31.37% |
| Q3 2015 | 2015-07-31 | 3.00 | 0.78 | +35.36% |
| Q2 2015 | 2015-04-30 | 2.89 | 0.72 | +33.05% |
| Q1 2015 | 2015-01-31 | 2.92 | 0.75 | +34.66% |
| Q4 2014 | 2014-10-31 | 2.69 | 0.59 | +27.99% |
| Q3 2014 | 2014-07-31 | 2.22 | −0.31 | −12.14% |
| Q2 2014 | 2014-04-30 | 2.17 | −0.46 | −17.47% |
| Q1 2014 | 2014-01-31 | 2.17 | −0.79 | −26.72% |
| Q4 2013 | 2013-10-31 | 2.10 | −1.18 | −35.95% |
| Q3 2013 | 2013-07-31 | 2.53 | −0.33 | −11.70% |
| Q2 2013 | 2013-04-30 | 2.63 | 0.10 | +3.75% |
| Q1 2013 | 2013-01-31 | 2.96 | 0.46 | +18.39% |
| Q4 2012 | 2012-10-31 | 3.28 | 0.79 | +31.58% |
| Q3 2012 | 2012-07-31 | 2.86 | 0.75 | +35.50% |
| Q2 2012 | 2012-04-30 | 2.54 | 0.36 | +16.30% |
| Q1 2012 | 2012-01-31 | 2.50 | −0.04 | −1.46% |
| Q4 2011 | 2011-10-31 | 2.49 | −0.18 | −6.70% |
| Q3 2011 | 2011-07-31 | 2.11 | −0.57 | −21.15% |
| Q2 2011 | 2011-04-30 | 2.18 | −0.89 | −29.06% |
| Q1 2011 | 2011-01-31 | 2.54 | −0.89 | −26.01% |
| Q4 2010 | 2010-10-31 | 2.67 | −0.94 | −25.94% |
| Q3 2010 | 2010-07-31 | 2.68 | 0.43 | +18.88% |
| Q2 2010 | 2010-04-30 | 3.07 | — | — |
| Q1 2010 | 2010-01-31 | 3.43 | — | — |
| Q4 2009 | 2009-10-31 | 3.61 | 1.48 | +69.76% |
| Q3 2009 | 2009-07-31 | 2.25 | — | — |
| Q4 2008 | 2008-10-31 | 2.13 | — | — |
Deere & debt-to-equity ratio trends
Over the last five fiscal years, Deere &'s debt-to-equity ratio decreased from 3.22 to 0.55, a change of −2.67. The latest reported quarter, Q3 2026, shows 0.62.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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