Deere & Co
Deere & Co returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
Operating income is unavailable in the extracted statements for this period.
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q3 | Aug 2, 2026 | — | — | — | 18.33% | 4.52% | — |
| FY 2026 Q2 | May 3, 2026 | — | — | — | 18.51% | 4.48% | — |
| FY 2026 Q1 | Feb 1, 2026 | — | — | — | 19.74% | 4.66% | — |
| FY 2025 Q4 | Nov 2, 2025 | — | — | — | 20.61% | 4.71% | — |
| FY 2025 Q3 | Jul 27, 2025 | — | — | — | 21.59% | 4.83% | — |
| FY 2025 Q2 | Apr 27, 2025 | — | — | — | 24.07% | 5.33% | — |
| FY 2025 Q1 | Jan 26, 2025 | — | — | — | 27.91% | 6.08% | — |
| FY 2024 Q4 | Oct 27, 2024 | — | — | — | 31.82% | 6.72% | — |
| FY 2024 Q3 | Jul 28, 2024 | — | — | — | 35.67% | 7.79% | — |
| FY 2024 Q2 | Apr 28, 2024 | — | — | — | 42.01% | 9.28% | — |
| FY 2024 Q1 | Jan 28, 2024 | — | — | — | 45.88% | 10.32% | — |
| FY 2023 Q4 | Oct 29, 2023 | — | — | — | 48.36% | 10.47% | — |
| FY 2023 Q3 | Jul 30, 2023 | — | — | — | 47.73% | 10.56% | — |
| FY 2023 Q2 | Apr 30, 2023 | — | — | — | 43.34% | 9.81% | — |
| FY 2023 Q1 | Jan 29, 2023 | — | — | — | 41.84% | 9.56% | — |
| FY 2022 Q4 | Oct 30, 2022 | — | — | — | 36.86% | 8.19% | — |
| FY 2022 Q3 | Jul 31, 2022 | — | — | — | 35.48% | 7.36% | — |
| FY 2022 Q2 | May 1, 2022 | 11.22% | — | 14.08% | 35.01% | 7.3% | 3.5 pp |
| FY 2022 Q1 | Jan 30, 2022 | 11.15% | — | 26.01% | 35.39% | 7.28% | 3.4 pp |
| FY 2021 Q4 | Oct 31, 2021 | 12.35% | — | 44.94% | 38.02% | 7.49% | 4.7 pp |
| FY 2021 Q3 | Aug 1, 2021 | 11.84% | — | 92.72% | 38% | 6.89% | 4.1 pp |
| FY 2021 Q2 | May 2, 2021 | — | — | — | 34% | 5.86% | — |
| FY 2021 Q1 | Jan 31, 2021 | — | — | — | 26.59% | 4.7% | — |
| FY 2020 Q4 | Nov 1, 2020 | — | — | — | 22.6% | 3.72% | — |
| FY 2020 Q3 | Aug 2, 2020 | — | — | — | 21.59% | 3.6% | — |
| FY 2020 Q2 | May 3, 2020 | — | — | — | 23.57% | 3.74% | — |
| FY 2020 Q1 | Feb 2, 2020 | — | — | — | 28.14% | 4.62% | — |
| FY 2019 Q4 | Nov 3, 2019 | — | — | — | 28.66% | 4.55% | — |
| FY 2019 Q3 | Jul 28, 2019 | — | — | — | 29.33% | 4.64% | — |
| FY 2019 Q2 | Apr 28, 2019 | — | — | — | 29.81% | 4.67% | — |
| FY 2019 Q1 | Jan 27, 2019 | — | — | — | 33.06% | 4.98% | — |
| FY 2018 Q4 | Oct 28, 2018 | — | — | — | 22.72% | 3.49% | — |
| FY 2018 Q3 | Jul 29, 2018 | — | — | — | 22.12% | 3.18% | — |
| FY 2018 Q2 | Apr 29, 2018 | — | — | — | 20.17% | 2.83% | — |
| FY 2018 Q1 | Jan 28, 2018 | — | — | — | 17.65% | 2.31% | — |
| FY 2017 Q4 | Oct 29, 2017 | — | — | — | 26.85% | 3.49% | — |
| FY 2017 Q3 | Jul 30, 2017 | — | — | — | — | — | — |
| FY 2017 Q2 | Apr 30, 2017 | — | — | — | — | — | — |
| FY 2017 Q1 | Jan 29, 2017 | — | — | — | — | — | — |
| FY 2016 Q4 | Oct 31, 2016 | — | — | — | 22.97% | 2.63% | — |
| FY 2016 Q3 | Jul 31, 2016 | — | — | — | 20.97% | 2.7% | — |
| FY 2016 Q2 | Apr 30, 2016 | — | — | — | 21.02% | 2.71% | — |
| FY 2016 Q1 | Jan 31, 2016 | — | — | — | 24.36% | 3.16% | — |
| FY 2015 Q4 | Oct 31, 2015 | — | — | — | 24.54% | 3.25% | — |
| FY 2015 Q3 | Jul 31, 2015 | — | — | — | 24.12% | 3.71% | — |
| FY 2015 Q2 | Apr 30, 2015 | — | — | — | 27.35% | 4.28% | — |
| FY 2015 Q1 | Jan 31, 2015 | — | — | — | 30.99% | 4.95% | — |
| FY 2014 Q4 | Oct 31, 2014 | — | — | — | 32.71% | 5.23% | — |
| FY 2014 Q3 | Jul 31, 2014 | — | — | — | 34.18% | 5.53% | — |
| FY 2014 Q2 | Apr 30, 2014 | — | — | — | 36.6% | 5.82% | — |
| FY 2014 Q1 | Jan 31, 2014 | — | — | — | 40.23% | 6.33% | — |
| FY 2013 Q4 | Oct 31, 2013 | — | — | — | 41.34% | 6.11% | — |
| FY 2013 Q3 | Jul 31, 2013 | — | — | — | 42.76% | 6.13% | — |
| FY 2013 Q2 | Apr 30, 2013 | — | — | — | 41.03% | 5.86% | — |
| FY 2013 Q1 | Jan 31, 2013 | — | — | — | 44.66% | 6.13% | — |
| FY 2012 Q4 | Oct 31, 2012 | — | — | — | 44.92% | 5.87% | — |
| FY 2012 Q3 | Jul 31, 2012 | — | — | — | 40.83% | 6.07% | — |
| FY 2012 Q2 | Apr 30, 2012 | — | — | — | 40.14% | 6.06% | — |
| FY 2012 Q1 | Jan 31, 2012 | — | — | — | 42.25% | 6.16% | — |
| FY 2011 Q4 | Oct 31, 2011 | — | — | — | 42.76% | 6.12% | — |
| FY 2011 Q3 | Jul 31, 2011 | — | — | — | 37.92% | 5.82% | — |
| FY 2011 Q2 | Apr 30, 2011 | — | — | — | 38.11% | 5.69% | — |
| FY 2011 Q1 | Jan 31, 2011 | — | — | — | 36.94% | 5.1% | — |
| FY 2010 Q4 | Oct 31, 2010 | — | — | — | 33.56% | 4.42% | — |
| FY 2010 Q3 | Jul 31, 2010 | — | — | — | 17.5% | 2.85% | — |
| FY 2010 Q2 | Apr 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q1 | Jan 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Oct 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Jul 31, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · DE, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.