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DE vs. NXT: Deere vs. Nextracker Stock Comparison

How do Deere (DE) and Nextracker (NXT) 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 Nextracker (NXT) both fall under the Capital Goods industry group, but DE is classified in Machinery while NXT is classified in Electrical Equipment.

Deere (DE) has more than two decades of public-market history since June 1, 1972, whereas Nextracker (NXT) listed on February 9, 2023 and has a much shorter record to draw on.

Company profile comparison for Deere (DE) and Nextracker (NXT)
Profile ItemDENXT
NameDeere & CompanyNextpower Inc. Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryMachineryElectrical Equipment
GICS Sub-IndustryAgricultural & Farm MachineryElectrical Components & Equipment
Market Capitalization181.09 billion USD16.00 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateJune 1, 1972February 9, 2023
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

DE
NXT
GSPC
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Deere (DE) vs. Nextracker (NXT), with S&P 500 (GSPC) for reference: 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 Nextracker (NXT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Deere (DE) and Nextracker (NXT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Deere (DE) and Nextracker (NXT)
MetricDENXT
Total Return (1Y)49.27%0.06%
Total Return (3Y, Annualized)24.81%45.51%
Total Return (5Y, Annualized)15.67%--

Risk Profile

Drawdown History

DE
NXT
GSPC
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Deere (DE) vs. Nextracker (NXT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Deere (DE) and Nextracker (NXT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Deere (DE) and Nextracker (NXT)
MetricDENXT
Volatility (1Y, Annualized)33.18%68.10%
Beta (5Y)0.881.66
Max Drawdown (5Y)-33.81%-51.10%
Avg. Volume (3M)1.23M2.38M

Risk-Adjusted Performance

Risk-Return Positioning

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DE and NXT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Deere (DE) and Nextracker (NXT)
MetricDENXT
Sharpe Ratio (1Y)1.36-0.06
Sortino Ratio (1Y)2.26-0.09

Profitability

ROE (TTM)

Nextracker (NXT) at 26.46% sits in the top ROE quartile, while Deere (DE) at 18.24% is closer to the peer norm — stronger capital efficiency for NXT.

DE

Capital Goods industry group

18.24%

Max
40.55%
Q3
19.29%
DE
18.24%
Median
12.12%
Q1
4.08%
Min
-17.12%

NXT

Capital Goods industry group

26.46%

Max
40.55%
NXT
26.46%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Deere (DE) vs. Nextracker (NXT): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Nextracker (NXT) at 15.98% 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
12.10%
DE
10.17%
Median
6.30%
Q1
1.40%
Min
-12.89%

NXT

Capital Goods industry group

15.98%

Max
27.47%
NXT
15.98%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Deere (DE) vs. Nextracker (NXT): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Nextracker (NXT) at 20.06% operates in the top operating margin quartile, ahead of Deere (DE) at 13.37%, which runs around its industry’s norm.

DE

Capital Goods industry group

13.37%

Max
36.60%
Q3
18.33%
DE
13.37%
Median
11.12%
Q1
5.14%
Min
-12.63%

NXT

Capital Goods industry group

20.06%

Max
36.60%
NXT
20.06%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Deere (DE) vs. Nextracker (NXT): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Deere (DE) and Nextracker (NXT)
MetricDENXT
ROE (TTM)18.24%26.46%
ROA (TTM)3.76%10.75%
Net Margin (TTM)10.17%15.98%
Operating Margin (TTM)13.37%20.06%
Gross Margin (TTM)25.18%21.84%

Growth

Revenue Growth

Nextracker (NXT) at 20.28% sits in the top revenue growth quartile, while Deere (DE) at -11.59% is in the bottom quartile, showing a clear gap in revenue momentum.

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

EPS Growth

Nextracker (NXT) at 10.66% is around its peer norm for EPS growth, while Deere (DE) at -27.79% drops into the bottom quartile, signaling weaker earnings momentum.

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

Growth Metrics

Growth metrics for Deere (DE) and Nextracker (NXT)
MetricDENXT
Revenue Growth (YoY)-11.59%20.28%
Revenue Growth (3Y CAGR)-4.50%23.23%
EPS Growth (YoY)-27.79%10.66%
EPS Growth (3Y CAGR)-7.37%476.90%

Financial Strength

Current Ratio (MRQ)

Both Deere (DE) at 2.13 and Nextracker (NXT) at 2.23 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

DE

Capital Goods industry group

2.13

Max
5.22
Q3
2.95
DE
2.13
Median
2.08
Q1
1.43
Min
0.36

NXT

Capital Goods industry group

2.23

Max
5.22
Q3
2.95
NXT
2.23
Median
2.08
Q1
1.43
Min
0.36
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Deere (DE) vs. Nextracker (NXT): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Nextracker (NXT) at 0.02 keeps leverage in the lower quartile, while Deere (DE) at 2.30 sits in the higher-leverage quartile.

DE

Capital Goods industry group

2.30

Max
2.33
DE
2.30
Q3
1.12
Median
0.60
Q1
0.29
Min
0.00

NXT

Capital Goods industry group

0.02

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
NXT
0.02
Min
0.00
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Deere (DE) vs. Nextracker (NXT): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Deere (DE) and Nextracker (NXT)
MetricDENXT
Current Ratio (MRQ)2.132.23
Debt / Equity (MRQ)2.300.02
Net Debt / EBITDA6.70-1.30

Dividends

Dividend Yield (TTM)

Nextracker (NXT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Deere (DE) reports a yield of 0.98%, ranking against industry peers normally.

DE

Capital Goods industry group

0.98%

Max
2.66%
Q3
1.14%
DE
0.98%
Median
0.24%
Q1
0.00%
Min
0.00%

NXT

Capital Goods industry group

0.00%

Max
2.66%
Q3
1.14%
Median
0.24%
NXT
0.00%
Q1
0.00%
Min
0.00%
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Deere (DE) vs. Nextracker (NXT): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Nextracker (NXT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Deere (DE) reports a payout of 36.02%, ranking against industry peers normally.

DE

Capital Goods industry group

36.02%

Max
67.39%
DE
36.02%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%

NXT

Capital Goods industry group

0.00%

Max
67.39%
Q3
28.02%
Median
6.86%
NXT
0.00%
Q1
0.00%
Min
0.00%
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Deere (DE) vs. Nextracker (NXT): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Deere (DE) and Nextracker (NXT)
MetricDENXT
Dividend Yield (TTM)0.98%0.00%
Dividend Payout Ratio (TTM)36.02%0.00%

Valuation

P/E Ratio (TTM)

Nextracker (NXT) at 26.42 is near its industry’s usual P/E ratio, while Deere (DE) at 37.33 sits in the richer quartile — DE needs stronger growth or earnings quality to justify the premium.

DE

Capital Goods industry group

37.33

Max
59.38
DE
37.33
Q3
35.92
Median
25.41
Q1
19.47
Min
3.03

NXT

Capital Goods industry group

26.42

Max
59.38
Q3
35.92
NXT
26.42
Median
25.41
Q1
19.47
Min
3.03
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Deere (DE) vs. Nextracker (NXT): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Both Deere (DE) at 3.78 and Nextracker (NXT) at 4.17 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

DE

Capital Goods industry group

3.78

Max
7.54
DE
3.78
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03

NXT

Capital Goods industry group

4.17

Max
7.54
NXT
4.17
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03
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Deere (DE) vs. Nextracker (NXT): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Both Deere (DE) at 6.47 and Nextracker (NXT) at 5.98 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

DE

Capital Goods industry group

6.47

Max
9.66
DE
6.47
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08

NXT

Capital Goods industry group

5.98

Max
9.66
NXT
5.98
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
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Deere (DE) vs. Nextracker (NXT): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Deere (DE) and Nextracker (NXT)
MetricDENXT
P/E Ratio (TTM)37.3326.42
P/S Ratio (TTM)3.784.17
P/B Ratio (MRQ)6.475.98
Free Cash Flow Yield (TTM)2.49%2.32%