DE vs. ETN: Deere vs. Eaton Stock Comparison

June 13, 2026

This page compares Deere (DE) with Eaton (ETN) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.

Performance

Cumulative Growth

ETN

Deere (DE) vs. Eaton (ETN): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Deere (DE) and Eaton (ETN). Returns over one year are annualized.

Performance at a Glance

Performance metrics for Deere (DE) and Eaton (ETN)
Metric	DE	ETN
1-Year Return	13.19%	19.86%

Risk

Drawdown

ETN

Deere (DE) vs. Eaton (ETN): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

Risk metrics for Deere (DE) and Eaton (ETN)
Metric	DE	ETN
1-Year Volatility	30.07%	33.55%
Beta	0.90	1.20
3-Month Avg. Volume	1.30M	2.59M

Company Profile

Deere (DE) and Eaton (ETN) both fall under the Capital Goods industry group, but DE is classified in Machinery while ETN is classified in Electrical Equipment.

Company profile comparison for Deere (DE) and Eaton (ETN)
Profile Item	DE	ETN
Name	Deere & Company	Eaton Corporation plc
Country/Region	United States	Ireland
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Electrical Equipment
GICS Sub-Industry	Agricultural & Farm Machinery	Electrical Components & Equipment
Market Capitalization	155.88 billion USD	151.98 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	June 1, 1972	June 1, 1972
Security Type	Common Stock	Common Stock

Valuation

Price-to-Earnings Ratio (TTM)

Both Deere (DE) at 32.68 and Eaton (ETN) at 38.30 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

DE

Capital Goods industry group

32.68

Max: 89.57
Q3: 49.59
DE: 32.68
Median: 32.68
Q1: 22.67
Min: 6.05

ETN

Capital Goods industry group

38.30

Max: 89.57
Q3: 49.59
ETN: 38.30
Median: 32.68
Q1: 22.67
Min: 6.05

Deere (DE) vs. Eaton (ETN): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

Price-to-Sales Ratio (TTM)

Deere (DE) at 3.29 is priced about in line with its industry on P/S ratio, while Eaton (ETN) at 5.33 sits in the pricier quartile — ETN costs more per dollar of sales.

DE

Capital Goods industry group

3.29

Max: 10.21
Q3: 4.95
DE: 3.29
Median: 2.70
Q1: 1.31
Min: 0.05

ETN

Capital Goods industry group

5.33

Max: 10.21
ETN: 5.33
Q3: 4.95
Median: 2.70
Q1: 1.31
Min: 0.05

Deere (DE) vs. Eaton (ETN): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

Price-to-Book Ratio (MRQ)

Deere (DE) at 5.69 is valued about in line with its industry on P/B ratio, while Eaton (ETN) at 7.71 carries an above-peer premium to book — ETN is pricier on assets.

DE

Capital Goods industry group

5.69

Max: 14.00
Q3: 7.07
DE: 5.69
Median: 3.83
Q1: 2.13
Min: -4.80

ETN

Capital Goods industry group

7.71

Max: 14.00
ETN: 7.71
Q3: 7.07
Median: 3.83
Q1: 2.13
Min: -4.80

Deere (DE) vs. Eaton (ETN): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation at a Glance

Valuation metrics for Deere (DE) and Eaton (ETN)
Metric	DE	ETN
Price-to-Earnings Ratio (TTM)	32.68	38.30
Price-to-Sales Ratio (TTM)	3.29	5.33
Price-to-Book Ratio (MRQ)	5.69	7.71
Free Cash Flow Yield	0.70%	1.74%

Profitability

Return on Equity (TTM)

Eaton (ETN) at 20.85% sits in the top ROE quartile, while Deere (DE) at 18.35% is closer to the peer norm — stronger capital efficiency for ETN.

DE

Capital Goods industry group

18.35%

Max: 46.13%
Q3: 20.05%
DE: 18.35%
Median: 11.19%
Q1: 2.17%
Min: -23.78%

ETN

Capital Goods industry group

20.85%

Max: 46.13%
ETN: 20.85%
Q3: 20.05%
Median: 11.19%
Q1: 2.17%
Min: -23.78%

Deere (DE) vs. Eaton (ETN): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Profit Margin (TTM)

Eaton (ETN) at 13.99% retains a top-quartile share of revenue as profit, ahead of Deere (DE) at 10.10%, which keeps about the industry-typical share.

DE

Capital Goods industry group

10.10%

Max: 24.69%
Q3: 11.55%
DE: 10.10%
Median: 5.77%
Q1: 0.30%
Min: -13.94%

ETN

Capital Goods industry group

13.99%

Max: 24.69%
ETN: 13.99%
Q3: 11.55%
Median: 5.77%
Q1: 0.30%
Min: -13.94%

Deere (DE) vs. Eaton (ETN): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Profit Margin (TTM)

Both Deere (DE) at 17.48% and Eaton (ETN) at 16.11% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

DE

Capital Goods industry group

17.48%

Max: 29.84%
DE: 17.48%
Q3: 15.85%
Median: 8.19%
Q1: 1.80%
Min: -17.50%

ETN

Capital Goods industry group

16.11%

Max: 29.84%
ETN: 16.11%
Q3: 15.85%
Median: 8.19%
Q1: 1.80%
Min: -17.50%

Deere (DE) vs. Eaton (ETN): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability at a Glance

Profitability metrics for Deere (DE) and Eaton (ETN)
Metric	DE	ETN
Return on Equity (TTM)	18.35%	20.85%
Return on Assets (TTM)	3.83%	7.02%
Net Profit Margin (TTM)	10.10%	13.99%
Operating Profit Margin (TTM)	17.48%	16.11%
Gross Profit Margin (TTM)	25.97%	37.11%

Growth

Revenue Growth

Deere (DE) vs. Eaton (ETN): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Revenue growth metrics for Deere (DE) and Eaton (ETN)
Metric	DE	ETN
1-Year Revenue Growth	-11.59%	10.33%
3-Year Revenue CAGR	-4.50%	9.77%

EPS Growth

Deere (DE) vs. Eaton (ETN): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

EPS growth metrics for Deere (DE) and Eaton (ETN)
Metric	DE	ETN
1-Year EPS Growth	-27.79%	10.00%
3-Year EPS CAGR	-7.37%	19.39%

Financial Strength

Current Ratio (MRQ)

Deere (DE) at 2.21 keeps current ratio within its industry’s typical mid-range, while Eaton (ETN) at 1.19 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ETN.

DE

Capital Goods industry group

2.21

Max: 5.24
Q3: 2.98
DE: 2.21
Median: 2.12
Q1: 1.45
Min: 0.71

ETN

Capital Goods industry group

1.19

Max: 5.24
Q3: 2.98
Median: 2.12
Q1: 1.45
ETN: 1.19
Min: 0.71

Deere (DE) vs. Eaton (ETN): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt-to-Equity Ratio (MRQ)

Both balance sheets lean debt-heavy versus peers, but DE is more stretched: Eaton (ETN) at 1.10 sits in the higher-leverage quartile and Deere (DE) at 3.76 is above its industry benchmark range.

DE

Capital Goods industry group

3.76

DE: 3.76
Max: 2.29
Q3: 1.08
Median: 0.62
Q1: 0.27
Min: 0.00

ETN

Capital Goods industry group

1.10

Max: 2.29
ETN: 1.10
Q3: 1.08
Median: 0.62
Q1: 0.27
Min: 0.00

Deere (DE) vs. Eaton (ETN): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength at a Glance

Financial strength metrics for Deere (DE) and Eaton (ETN)
Metric	DE	ETN
Current Ratio (MRQ)	2.21	1.19
Debt-to-Equity Ratio (MRQ)	3.76	1.10
Net Debt / EBITDA	4.60	3.32

Dividends

Dividend Yield (TTM)

Both Deere (DE) at 1.12% and Eaton (ETN) at 1.12% offer top-quartile dividend income relative to share price within their industries.

DE

Capital Goods industry group

1.12%

Max: 2.69%
DE: 1.12%
Q3: 1.09%
Median: 0.20%
Q1: 0.00%
Min: 0.00%

ETN

Capital Goods industry group

1.12%

Max: 2.69%
ETN: 1.12%
Q3: 1.09%
Median: 0.20%
Q1: 0.00%
Min: 0.00%

Deere (DE) vs. Eaton (ETN): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Deere (DE) at 36.71% and Eaton (ETN) at 41.29% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

DE

Capital Goods industry group

36.71%

Max: 72.02%
DE: 36.71%
Q3: 29.49%
Median: 6.03%
Q1: 0.00%
Min: 0.00%

ETN

Capital Goods industry group

41.29%

Max: 72.02%
ETN: 41.29%
Q3: 29.49%
Median: 6.03%
Q1: 0.00%
Min: 0.00%

Deere (DE) vs. Eaton (ETN): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividends at a Glance

Dividend metrics for Deere (DE) and Eaton (ETN)
Metric	DE	ETN
Dividend Yield (TTM)	1.12%	1.12%
Dividend Payout Ratio (TTM)	36.71%	41.29%