Deere & Company (DE) — Capital Reinvestment Ratio
Latest as of April 2026:
0.55x
Deere & Company (DE) has a Capital Reinvestment Ratio of 0.55x as of April 2026, meaning it reinvests 1% of its operating cash flow ($1.93 Billion) in capital expenditures ($1.06 Billion). Check DE tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
0.55x
Capex / Operating Cash Flow
Operating Cash Flow
$1.93 Billion
USD
Capital Expenditures
$1.06 Billion
USD
Data as of
Apr 2026
Most recent filing
Deere & Company Capital Reinvestment Ratio (1989–2025)
This chart tracks Deere & Company's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see DE cash flow metrics.
Annual Capital Reinvestment Ratio for Deere & Company (1989–2025)
Year-by-year Capital Reinvestment Ratio for Deere & Company from 1989 to 2025. See DE cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.57x | $7.46 Billion | $4.23 Billion | ▲ +9.0% |
| 2024 | 0.52x | $9.23 Billion | $4.80 Billion | ▲ +0.0% |
| 2023 | 0.52x | $8.59 Billion | $4.47 Billion | ▼ -35.5% |
| 2022 | 0.81x | $4.70 Billion | $3.79 Billion | ▲ +141.4% |
| 2021 | 0.33x | $7.73 Billion | $2.58 Billion | ▼ -5.9% |
| 2020 | 0.35x | $7.48 Billion | $2.66 Billion | ▼ -64.9% |
| 2019 | 1.01x | $3.41 Billion | $3.45 Billion | ▼ -37.6% |
| 2018 | 1.62x | $1.82 Billion | $2.95 Billion | ▲ +37.5% |
| 2017 | 1.18x | $2.20 Billion | $2.59 Billion | ▲ +50.1% |
| 2016 | 0.79x | $3.76 Billion | $2.96 Billion | ▲ +3.9% |
| 2015 | 0.76x | $3.74 Billion | $2.83 Billion | ▲ +0.2% |
| 2014 | 0.75x | $3.53 Billion | $2.66 Billion | ▲ +3.3% |
| 2013 | 0.73x | $3.25 Billion | $2.38 Billion | ▼ -59.8% |
| 2012 | 1.82x | $1.17 Billion | $2.12 Billion | ▲ +151.4% |
| 2011 | 0.72x | $2.33 Billion | $1.68 Billion | ▲ +25.6% |
| 2010 | 0.58x | $2.28 Billion | $1.31 Billion | ▼ -12.7% |
| 2009 | 0.66x | $1.98 Billion | $1.31 Billion | ▼ -20.1% |
| 2008 | 0.83x | $1.95 Billion | $1.61 Billion | ▲ +53.4% |
| 2007 | 0.54x | $2.76 Billion | $1.48 Billion | ▼ -31.7% |
| 2006 | 0.79x | $973.20 Million | $766.00 Million | ▲ +86.8% |
| 2005 | 0.42x | $1.22 Billion | $512.60 Million | ▲ +34.6% |
| 2004 | 0.31x | $1.16 Billion | $363.80 Million | ▲ +55.2% |
| 2003 | 0.20x | $1.54 Billion | $309.60 Million | ▲ +5.6% |
| 2002 | 0.19x | $1.88 Billion | $358.70 Million | ▼ -56.7% |
| 2001 | 0.44x | $1.11 Billion | $491.00 Million | ▲ +11.6% |
| 2000 | 0.40x | $1.08 Billion | $426.70 Million | ▲ +6.7% |
| 1999 | 0.37x | $1.43 Billion | $531.30 Million | ▼ -71.3% |
| 1998 | 1.29x | $416.90 Million | $537.80 Million | ▲ +207.7% |
| 1997 | 0.42x | $1.16 Billion | $484.90 Million | ▲ +104.3% |
| 1996 | 0.21x | $1.34 Billion | $275.90 Million | ▼ -34.4% |
| 1995 | 0.31x | $839.40 Million | $262.40 Million | ▼ -1.5% |
| 1994 | 0.32x | $718.80 Million | $228.10 Million | ▲ +28.2% |
| 1993 | 0.25x | $834.10 Million | $206.50 Million | ▼ -69.0% |
| 1992 | 0.80x | $358.30 Million | $285.70 Million | ▲ +64.0% |
| 1991 | 0.49x | $613.00 Million | $298.00 Million | ▼ -33.9% |
| 1990 | 0.74x | $397.10 Million | $292.10 Million | ▲ +70.8% |
| 1989 | 0.43x | $420.50 Million | $181.10 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow