Is it safe?
Can DE take a bad year?
Deere & Company carries $12.2B of net debt at 1.54× EBITDA: a load its earnings can carry.
$12.2B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.54×
Net debt / EBITDA · 1.62× a year ago · the load is coming down
- Interest cover
- 2.06×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 30%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $21.6B
- Cash and short-term investments
- $9.34B
- Net debt
- $12.2B
- EBITDA, trailing twelve months
- $7.93B
- Operating profit, trailing twelve months
- $6.15B
- Debt / equity
- 0.79×
- Total debt / EBITDA
- 2.72×
- Annualised volatilitytwo years of daily moves
- 30%
- Worst drawdown on file
- −38%
- Below its 52-week high
- −3.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Farm & Heavy Construction Machinery
Ranks #4 of 12 by Smart Score