Stocks

John Deere's Stock Performance: A Five-Year Review

Published September 13, 2024

In the ever-evolving landscape of the stock market, investors constantly seek robust performers that can deliver consistent returns. One such standout over the past five years has been Deere & Company, known for its iconic John Deere brand. Deere (DE), a titan in the agricultural, construction, and forestry machinery sector, has not only ridden the waves of market fluctuation but also managed to outdo many of its peers in performance.

Examining the Robust Performance of DE

In scrutinizing the financial journey of DE over the last half-decade, the data reveals a success story underpinned by an impressive average annual return of 18.6%. This figure towers over the market's performance, marking a premium of 5.59% on an annualized basis compared to the general market indices. It's an enlightening statistic that signals DE's resilient growth amidst diverse market trends.

DE's Market Cap Milestone

The substantial returns of DE are part of a greater narrative that includes the company's significant increase in market capitalization. Standing at a colossal $106.04 billion, the market cap is a testament to the investor confidence and the intrinsic value that DE represents in the machinery and equipment manufacturing domain. This valuation further fortifies the image of DE as a heavyweight in the industry.

Deere, Performance, Returns