Deere & Company (DE)
Deere is the leading maker of agricultural and construction equipment, sold under the John Deere brand. It is layering precision-agriculture technology and autonomy onto its machinery to lift farmer productivity.
Industrials stock comparison
DE vs GEV: which business are you actually underwriting?
Compare Deere & Company with GE Vernova Inc. using their business models, SEC classifications, fiscal calendars, current primary filings, and the research questions that matter. This is a thesis framework—not a price target or automatic winner.
- Sector
- Industrials
- Industry
- Different SIC
- Shared themes
- 1
- Updated
- 2026-01-29
DE vs GEV: quick comparison
| Company fact | DE | GEV |
|---|---|---|
| Company | Deere & Company | GE Vernova Inc. |
| Exchange | NYSE | NYSE |
| Headquarters | Moline, Illinois | — |
| Founded | 1837 | — |
| SEC industry | Farm Machinery & Equipment | Electronic & Other Electrical Equipment (No Computer Equip) |
| Fiscal year-end | November 1 | December 31 |
| Latest annual filing | 10-K · 2025-12-18 | 10-K · 2026-01-29 |
DE vs GEV: audited financials
DE reported about 1.2× the revenue of GEV in the latest audited fiscal year. On profitability, GEV converted a larger share of revenue into net income (12.8% versus 11.0%). Scale and margin are starting facts for the thesis, not the verdict.
| Metric | DE | GEV |
|---|---|---|
| Revenue | $45.7B | $38.1B |
| Net income | $5.0B | $4.9B |
| Operating cash flow | $7.5B | $5.0B |
| Diluted EPS | $18.50 | $17.69 |
| Net margin | 11.0% | 12.8% |
DE: FY ending 2025-11-02 · GEV: FY ending 2025-12-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
How the businesses differ
Why this pair belongs in the comparison set
DE and GEV have different SEC industry classifications, but both map to the maintained Economic trends research theme inside the Industrials sector. A shared classification or theme makes the pair useful for a defined research question; it does not mean the companies have identical products, economics, or risks.
GE Vernova Inc. (GEV)
GE Vernova makes power-generation equipment including gas turbines, wind turbines, and grid technology.
The useful starting point is not which ticker has performed better. It is whether the two companies convert the same economic forces into revenue and cash flow in the same way. DE is classified by the SEC as Farm Machinery & Equipment, while GEV is classified as Electronic & Other Electrical Equipment (No Computer Equip). The different industry codes are a warning against treating sector membership as proof of identical economics.
Members-only research
We've published in-depth research on GEV
GEV · Jan 29, 2026
GE Vernova and the value of delivering dependable powerA January 29, 2026 historical cutoff examines gas power and grid economics, with a separate audit of why this was already a recognized trade.
Sep 22, 2026
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The thesis, the numbers behind it, and what would break it. Full access is $15 a month.
Read the full researchWhich thesis does each company fit?
Use the distinction below to decide which filing deserves deeper work. It is a research routing rule, not a recommendation or prediction.
Study DE when…
- Agricultural equipment demand tied to farm income and crop prices
- Precision-agriculture and autonomy technology attach rates as a margin lever beyond hardware
- Construction and forestry equipment demand tied to infrastructure and construction spending
- Dealer and used-equipment inventory levels as a leading indicator of new-equipment orders
Study GEV when…
- Capital-spending and manufacturing PMIs
- Reshoring and supply-chain reconfiguration
- Defense budgets and geopolitical conflict
- Freight rates and logistics demand
Shared research themes
Economic trends
SEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable.DE's fiscal year ends November 1, while GEV's ends December 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 21matched transaction rows for DEand 16 for GEV. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
DE primary filings
GEV primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
More comparisons involving DE or GEV
DE vs GEV FAQs
Are DE and GEV direct competitors?
Deere & Company and GE Vernova Inc. sit in the same Industrials sector but have different SEC industry classifications. The comparison is most useful for portfolio role and sector exposure, not as a claim that every product competes directly.
Which is better, DE or GEV?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this DE vs GEV comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Deere & Company and GE Vernova Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-09-25. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-09-25. Independent educational research; not investment advice.
A comparison is the setup. The thesis is the call.
DE vs GEV shows how the businesses differ. Membership is the monthly sourced view of who could benefit, what could break, and what evidence matters next. $15/month or $150/year.
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