Deere & Company (DE)

Interest coverage

Oct 31, 2025 Oct 31, 2024 Oct 27, 2024 Oct 31, 2023 Oct 29, 2023
Earnings before interest and tax (EBIT) US$ in thousands 9,427,000 12,554,000 12,542,000 15,472,000 15,490,000
Interest expense US$ in thousands 3,170,000 3,348,000 3,348,000 2,453,000 2,453,000
Interest coverage 2.97 3.75 3.75 6.31 6.31

October 31, 2025 calculation

Interest coverage = EBIT ÷ Interest expense
= $9,427,000K ÷ $3,170,000K
= 2.97


Peer comparison

Oct 31, 2025

Company name
Symbol
Interest coverage
Deere & Company
DE
2.97
Lindsay Corporation
LNN
52.60