DE vs. ETN: Deere vs. Eaton Stock Comparison
How do Deere (DE) and Eaton (ETN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
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.
| 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 | 186.99 billion USD | 159.57 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DE | ETN |
|---|---|---|
| Total Return (1Y) | 47.87% | 19.30% |
| Total Return (3Y, Annualized) | 19.94% | 22.21% |
| Total Return (5Y, Annualized) | 13.73% | 21.69% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DE | ETN |
|---|---|---|
| Volatility (1Y, Annualized) | 31.99% | 38.34% |
| Beta (5Y) | 0.87 | 1.14 |
| Max Drawdown (5Y) | -33.81% | -34.46% |
| Avg. Volume (3M) | 1.24M | 2.24M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DE | ETN |
|---|---|---|
| Sharpe Ratio (1Y) | 1.37 | 0.40 |
| Sortino Ratio (1Y) | 2.32 | 0.57 |
Profitability
ROE (TTM)
Eaton (ETN) at 19.68% sits in the top ROE quartile, while Deere (DE) at 18.24% is closer to the peer norm — stronger capital efficiency for ETN.
DE
Capital Goods industry group
18.24%
- Max
- 40.35%
- Q3
- 18.68%
- DE
- 18.24%
- Median
- 11.42%
- Q1
- 2.86%
- Min
- -19.86%
ETN
Capital Goods industry group
19.68%
- Max
- 40.35%
- ETN
- 19.68%
- Q3
- 18.68%
- Median
- 11.42%
- Q1
- 2.86%
- Min
- -19.86%
Net Margin (TTM)
Eaton (ETN) at 12.75% retains a top-quartile share of revenue as profit, ahead of Deere (DE) at 10.17%, which keeps about the industry-typical share.
DE
Capital Goods industry group
10.17%
- Max
- 27.47%
- Q3
- 11.70%
- DE
- 10.17%
- Median
- 5.75%
- Q1
- 0.71%
- Min
- -14.15%
ETN
Capital Goods industry group
12.75%
- Max
- 27.47%
- ETN
- 12.75%
- Q3
- 11.70%
- Median
- 5.75%
- Q1
- 0.71%
- Min
- -14.15%
Operating Margin (TTM)
Deere (DE) at 17.48% operates in the top operating margin quartile, ahead of Eaton (ETN) at 16.56%, which runs around its industry’s norm.
DE
Capital Goods industry group
17.48%
- Max
- 35.46%
- DE
- 17.48%
- Q3
- 17.36%
- Median
- 10.53%
- Q1
- 4.58%
- Min
- -12.63%
ETN
Capital Goods industry group
16.56%
- Max
- 35.46%
- Q3
- 17.36%
- ETN
- 16.56%
- Median
- 10.53%
- Q1
- 4.58%
- Min
- -12.63%
Profitability Metrics
| Metric | DE | ETN |
|---|---|---|
| ROE (TTM) | 18.24% | 19.68% |
| ROA (TTM) | 3.76% | 7.05% |
| Net Margin (TTM) | 10.17% | 12.75% |
| Operating Margin (TTM) | 17.48% | 16.56% |
| Gross Margin (TTM) | 25.18% | 36.02% |
Growth
Revenue Growth
Eaton (ETN) at 10.33% is around its peer norm for revenue growth, while Deere (DE) at -11.59% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Eaton (ETN) at 10.00% is around its peer norm for EPS growth, while Deere (DE) at -27.79% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | DE | ETN |
|---|---|---|
| Revenue Growth (YoY) | -11.59% | 10.33% |
| Revenue Growth (3Y CAGR) | -4.50% | 9.77% |
| EPS Growth (YoY) | -27.79% | 10.00% |
| EPS Growth (3Y CAGR) | -7.37% | 19.39% |
Financial Strength
Current Ratio (MRQ)
Deere (DE) at 2.13 keeps current ratio within its industry’s typical mid-range, while Eaton (ETN) at 1.24 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ETN.
DE
Capital Goods industry group
2.13
- Max
- 5.28
- Q3
- 2.99
- DE
- 2.13
- Median
- 2.09
- Q1
- 1.45
- Min
- 0.76
ETN
Capital Goods industry group
1.24
- Max
- 5.28
- Q3
- 2.99
- Median
- 2.09
- Q1
- 1.45
- ETN
- 1.24
- Min
- 0.76
Debt / Equity (MRQ)
Eaton (ETN) at 1.05 is near its industry mid-range for debt-to-equity ratio, while Deere (DE) at 3.76 sits above its benchmark range, pointing to a heavier debt load relative to equity.
DE
Capital Goods industry group
3.76
- DE
- 3.76
- Max
- 2.15
- Q3
- 1.09
- Median
- 0.58
- Q1
- 0.27
- Min
- 0.00
ETN
Capital Goods industry group
1.05
- Max
- 2.15
- Q3
- 1.09
- ETN
- 1.05
- Median
- 0.58
- Q1
- 0.27
- Min
- 0.00
Financial Strength Metrics
| Metric | DE | ETN |
|---|---|---|
| Current Ratio (MRQ) | 2.13 | 1.24 |
| Debt / Equity (MRQ) | 3.76 | 1.05 |
| Net Debt / EBITDA | 4.61 | 3.11 |
Dividends
Dividend Yield (TTM)
Both Deere (DE) at 0.93% and Eaton (ETN) at 1.08% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
DE
Capital Goods industry group
0.93%
- Max
- 2.72%
- Q3
- 1.09%
- DE
- 0.93%
- Median
- 0.17%
- Q1
- 0.00%
- Min
- 0.00%
ETN
Capital Goods industry group
1.08%
- Max
- 2.72%
- Q3
- 1.09%
- ETN
- 1.08%
- Median
- 0.17%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Deere (DE) at 36.02% and Eaton (ETN) at 43.58% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
DE
Capital Goods industry group
36.02%
- Max
- 72.00%
- DE
- 36.02%
- Q3
- 28.84%
- Median
- 5.73%
- Q1
- 0.00%
- Min
- 0.00%
ETN
Capital Goods industry group
43.58%
- Max
- 72.00%
- ETN
- 43.58%
- Q3
- 28.84%
- Median
- 5.73%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DE | ETN |
|---|---|---|
| Dividend Yield (TTM) | 0.93% | 1.08% |
| Dividend Payout Ratio (TTM) | 36.02% | 43.58% |
Valuation
P/E Ratio (TTM)
Deere (DE) at 38.62 is near its industry’s usual P/E ratio, while Eaton (ETN) at 41.84 sits in the richer quartile — ETN needs stronger growth or earnings quality to justify the premium.
DE
Capital Goods industry group
38.62
- Max
- 71.51
- Q3
- 41.67
- DE
- 38.62
- Median
- 29.88
- Q1
- 21.77
- Min
- 1.12
ETN
Capital Goods industry group
41.84
- Max
- 71.51
- ETN
- 41.84
- Q3
- 41.67
- Median
- 29.88
- Q1
- 21.77
- Min
- 1.12
P/S Ratio (TTM)
Deere (DE) at 3.90 is priced about in line with its industry on P/S ratio, while Eaton (ETN) at 5.31 sits in the pricier quartile — ETN costs more per dollar of sales.
DE
Capital Goods industry group
3.90
- Max
- 8.99
- Q3
- 4.42
- DE
- 3.90
- Median
- 2.46
- Q1
- 1.18
- Min
- 0.05
ETN
Capital Goods industry group
5.31
- Max
- 8.99
- ETN
- 5.31
- Q3
- 4.42
- Median
- 2.46
- Q1
- 1.18
- Min
- 0.05
P/B Ratio (MRQ)
Both Deere (DE) at 6.68 and Eaton (ETN) at 7.88 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
DE
Capital Goods industry group
6.68
- Max
- 11.44
- DE
- 6.68
- Q3
- 5.79
- Median
- 3.38
- Q1
- 1.99
- Min
- -3.51
ETN
Capital Goods industry group
7.88
- Max
- 11.44
- ETN
- 7.88
- Q3
- 5.79
- Median
- 3.38
- Q1
- 1.99
- Min
- -3.51
Valuation Metrics
| Metric | DE | ETN |
|---|---|---|
| P/E Ratio (TTM) | 38.62 | 41.84 |
| P/S Ratio (TTM) | 3.90 | 5.31 |
| P/B Ratio (MRQ) | 6.68 | 7.88 |
| Free Cash Flow Yield (TTM) | 2.42% | 1.95% |