Deere & Company (DE) — Tangible Net Worth Ratio

Latest as of January 2026: 96.7%

Deere & Company (DE) has a Tangible Net Worth Ratio of 96.7% as of January 2026. This metric is calculated by deducting intangible assets ($880.00 Million) from net assets ($26.36 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See DE working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

96.7%
Tangible equity / total equity

Net Assets (Equity)

$26.36 Billion
USD

Intangible Assets

$880.00 Million
Goodwill, patents, brand value

Total Assets

$103.44 Billion
USD

Deere & Company Tangible Net Worth Ratio (1985–2025)

This chart shows how Deere & Company's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of January 2026, the ratio stands at 96.7%, reflecting net assets of $26.36 Billion with intangible assets of $880.00 Million USD. See DE defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Deere & Company (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Deere & Company from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Deere & Company market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 94.8% $26.01 Billion $1.36 Billion $106.00 Billion ▲ +1.3 pp
2024 93.4% $22.93 Billion $1.50 Billion $107.32 Billion ▲ +0.7 pp
2023 92.8% $21.89 Billion $1.58 Billion $104.09 Billion ▲ +0.6 pp
2022 92.2% $20.36 Billion $1.59 Billion $90.03 Billion ▼ -0.9 pp
2021 93.1% $18.43 Billion $1.27 Billion $84.11 Billion ▲ +3.3 pp
2020 89.7% $12.94 Billion $1.33 Billion $75.09 Billion ▲ +1.8 pp
2019 87.9% $11.43 Billion $1.38 Billion $73.01 Billion ▲ +1.7 pp
2018 86.2% $11.31 Billion $1.56 Billion $70.11 Billion ▼ -11.5 pp
2017 97.7% $9.57 Billion $218.00 Million $65.79 Billion ▼ -0.7 pp
2016 98.4% $6.54 Billion $104.00 Million $57.92 Billion ▼ -0.6 pp
2015 99.1% $6.76 Billion $63.60 Million $57.95 Billion ▼ -0.2 pp
2014 99.2% $9.07 Billion $68.80 Million $61.34 Billion ▼ 0.0 pp
2013 99.2% $10.27 Billion $77.10 Million $59.52 Billion ▲ +0.8 pp
2012 98.5% $6.86 Billion $105.00 Million $56.27 Billion ▲ +0.3 pp
2011 98.1% $6.81 Billion $127.00 Million $48.21 Billion ▼ 0.0 pp
2010 98.1% $6.30 Billion $117.00 Million $43.27 Billion ▲ +1.0 pp
2009 97.2% $4.82 Billion $136.00 Million $41.13 Billion ▼ -0.4 pp
2008 97.5% $6.53 Billion $161.00 Million $38.73 Billion ▼ -0.6 pp
2007 98.2% $7.16 Billion $131.00 Million $38.58 Billion ▼ -1.1 pp
2006 99.2% $7.49 Billion $56.40 Million $34.72 Billion ▼ -0.5 pp
2005 99.7% $6.85 Billion $18.30 Million $33.64 Billion ▲ +15.3 pp
2004 84.4% $6.39 Billion $995.30 Million $28.75 Billion ▲ +12.5 pp
2003 71.9% $4.00 Billion $1.12 Billion $26.26 Billion ▲ +0.2 pp
2002 71.7% $3.16 Billion $894.90 Million $23.77 Billion ▼ -6.4 pp
2001 78.1% $3.99 Billion $874.00 Million $22.66 Billion ▼ -6.7 pp
2000 84.8% $4.30 Billion $652.20 Million $20.47 Billion ▼ -8.0 pp
1999 92.8% $4.09 Billion $295.10 Million $17.58 Billion ▼ -1.9 pp
1998 94.7% $4.08 Billion $217.60 Million $18.00 Billion ▼ -1.5 pp
1997 96.2% $4.15 Billion $157.80 Million $16.32 Billion ▲ +4.2 pp
1996 92.0% $3.56 Billion $285.90 Million $14.65 Billion ▲ +1.8 pp
1995 90.1% $3.09 Billion $305.00 Million $13.85 Billion ▲ +1.2 pp
1994 88.9% $2.56 Billion $283.70 Million $12.78 Billion ▲ +3.1 pp
1993 85.8% $2.09 Billion $296.80 Million $11.35 Billion ▼ -1.5 pp
1992 87.3% $2.65 Billion $337.60 Million $11.45 Billion ▲ +0.4 pp
1991 86.9% $2.84 Billion $371.50 Million $11.65 Billion ▼ -5.1 pp
1990 92.0% $3.01 Billion $239.70 Million $10.66 Billion ▼ -5.4 pp
1989 97.4% $2.78 Billion $72.10 Million $9.15 Billion ▼ -2.6 pp
1988 100.0% $2.46 Billion $0.00 $5.25 Billion ▲ +0.0 pp
1987 100.0% $1.92 Billion $0.00 $4.76 Billion ▲ +0.0 pp
1986 100.0% $2.00 Billion $0.00 $4.97 Billion ▲ +0.0 pp
1985 100.0% $2.26 Billion $0.00 $5.46 Billion
pp = percentage points