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 | 158.42 billion USD | 156.47 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) | 19.75% | 9.09% |
| Total Return (3Y, Annualized) | 11.86% | 26.35% |
| Total Return (5Y, Annualized) | 12.17% | 22.90% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DE | ETN |
|---|---|---|
| Volatility (1Y, Annualized) | 30.94% | 35.67% |
| Beta (5Y) | 0.90 | 1.19 |
| Max Drawdown (5Y) | -33.81% | -34.46% |
| Avg. Volume (3M) | 1.25M | 2.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DE | ETN |
|---|---|---|
| Sharpe Ratio (1Y) | 0.51 | 0.14 |
| Sortino Ratio (1Y) | 0.80 | 0.20 |
Profitability
ROE (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
- 42.07%
- Q3
- 19.97%
- DE
- 18.35%
- Median
- 11.35%
- Q1
- 3.35%
- Min
- -19.79%
ETN
Capital Goods industry group
20.85%
- Max
- 42.07%
- ETN
- 20.85%
- Q3
- 19.97%
- Median
- 11.35%
- Q1
- 3.35%
- Min
- -19.79%
Net 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
- 11.54%
- DE
- 10.10%
- Median
- 5.80%
- Q1
- 0.73%
- Min
- -13.94%
ETN
Capital Goods industry group
13.99%
- Max
- 24.69%
- ETN
- 13.99%
- Q3
- 11.54%
- Median
- 5.80%
- Q1
- 0.73%
- Min
- -13.94%
Operating 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
- 16.03%
- Median
- 8.69%
- Q1
- 1.95%
- Min
- -17.50%
ETN
Capital Goods industry group
16.11%
- Max
- 29.84%
- ETN
- 16.11%
- Q3
- 16.03%
- Median
- 8.69%
- Q1
- 1.95%
- Min
- -17.50%
Profitability Metrics
| Metric | DE | ETN |
|---|---|---|
| ROE (TTM) | 18.35% | 20.85% |
| ROA (TTM) | 3.83% | 7.02% |
| Net Margin (TTM) | 10.10% | 13.99% |
| Operating Margin (TTM) | 17.48% | 16.11% |
| Gross Margin (TTM) | 25.97% | 37.11% |
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 2.21 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
- 2.97
- DE
- 2.21
- Median
- 2.12
- Q1
- 1.45
- Min
- 0.71
ETN
Capital Goods industry group
1.19
- Max
- 5.24
- Q3
- 2.97
- Median
- 2.12
- Q1
- 1.45
- ETN
- 1.19
- Min
- 0.71
Debt / Equity (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
- 2.31
- Q3
- 1.10
- Median
- 0.63
- Q1
- 0.28
- Min
- 0.00
ETN
Capital Goods industry group
1.10
- Max
- 2.31
- ETN
- 1.10
- Q3
- 1.10
- Median
- 0.63
- Q1
- 0.28
- Min
- 0.00
Financial Strength Metrics
| Metric | DE | ETN |
|---|---|---|
| Current Ratio (MRQ) | 2.21 | 1.19 |
| Debt / Equity (MRQ) | 3.76 | 1.10 |
| Net Debt / EBITDA | 4.60 | 3.32 |
Dividends
Dividend Yield (TTM)
Deere (DE) at 1.11% delivers top-quartile income for its industry, while Eaton (ETN) at 1.05% pays a more typical yield — both are credible income propositions, DE the richer one.
DE
Capital Goods industry group
1.11%
- Max
- 2.64%
- DE
- 1.11%
- Q3
- 1.06%
- Median
- 0.14%
- Q1
- 0.00%
- Min
- 0.00%
ETN
Capital Goods industry group
1.05%
- Max
- 2.64%
- Q3
- 1.06%
- ETN
- 1.05%
- Median
- 0.14%
- Q1
- 0.00%
- Min
- 0.00%
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
- 29.57%
- Median
- 6.31%
- Q1
- 0.00%
- Min
- 0.00%
ETN
Capital Goods industry group
41.29%
- Max
- 72.02%
- ETN
- 41.29%
- Q3
- 29.57%
- Median
- 6.31%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DE | ETN |
|---|---|---|
| Dividend Yield (TTM) | 1.11% | 1.05% |
| Dividend Payout Ratio (TTM) | 36.71% | 41.29% |
Valuation
P/E Ratio (TTM)
Both Deere (DE) at 33.21 and Eaton (ETN) at 39.20 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
33.21
- Max
- 77.51
- Q3
- 46.30
- DE
- 33.21
- Median
- 31.73
- Q1
- 22.49
- Min
- 1.06
ETN
Capital Goods industry group
39.20
- Max
- 77.51
- Q3
- 46.30
- ETN
- 39.20
- Median
- 31.73
- Q1
- 22.49
- Min
- 1.06
P/S Ratio (TTM)
Deere (DE) at 3.35 is priced about in line with its industry on P/S ratio, while Eaton (ETN) at 5.49 sits in the pricier quartile — ETN costs more per dollar of sales.
DE
Capital Goods industry group
3.35
- Max
- 9.90
- Q3
- 4.82
- DE
- 3.35
- Median
- 2.65
- Q1
- 1.27
- Min
- 0.05
ETN
Capital Goods industry group
5.49
- Max
- 9.90
- ETN
- 5.49
- Q3
- 4.82
- Median
- 2.65
- Q1
- 1.27
- Min
- 0.05
P/B Ratio (MRQ)
Deere (DE) at 5.78 is valued about in line with its industry on P/B ratio, while Eaton (ETN) at 7.93 carries an above-peer premium to book — ETN is pricier on assets.
DE
Capital Goods industry group
5.78
- Max
- 12.69
- Q3
- 6.34
- DE
- 5.78
- Median
- 3.69
- Q1
- 2.01
- Min
- -4.34
ETN
Capital Goods industry group
7.93
- Max
- 12.69
- ETN
- 7.93
- Q3
- 6.34
- Median
- 3.69
- Q1
- 2.01
- Min
- -4.34
Valuation Metrics
| Metric | DE | ETN |
|---|---|---|
| P/E Ratio (TTM) | 33.21 | 39.20 |
| P/S Ratio (TTM) | 3.35 | 5.49 |
| P/B Ratio (MRQ) | 5.78 | 7.93 |
| Free Cash Flow Yield (TTM) | 0.69% | 1.69% |