Deere & Company (DE)

Interest coverage

Oct 31, 2025 Jul 31, 2025 Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Oct 27, 2024 Jul 31, 2024 Jul 28, 2024 Apr 30, 2024 Apr 28, 2024 Jan 31, 2024 Jan 28, 2024 Oct 31, 2023 Oct 29, 2023 Jul 31, 2023 Jul 30, 2023 Apr 30, 2023 Jan 31, 2023 Jan 29, 2023 Oct 31, 2022
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 9,425,000 9,628,000 9,598,000 9,672,000 11,147,000 12,711,000 14,304,000 14,126,000 13,949,000 13,851,000 13,752,000 14,964,000 16,179,000 16,741,000 15,855,000 14,601,000 13,598,000 12,419,000 12,282,000 12,053,000
Interest expense (ttm) US$ in thousands 3,169,000 3,277,000 3,353,000 3,409,000 3,420,000 3,386,000 3,352,000 3,314,000 3,276,000 3,222,000 3,168,000 2,989,000 2,810,000 2,597,000 2,294,000 2,150,000 1,876,000 1,656,000 1,473,000 1,181,000
Interest coverage 2.97 2.94 2.86 2.84 3.26 3.75 4.27 4.26 4.26 4.30 4.34 5.01 5.76 6.45 6.91 6.79 7.25 7.50 8.34 10.21

October 31, 2025 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $9,425,000K ÷ $3,169,000K
= 2.97


Peer comparison

Oct 31, 2025

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