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Deere & Company

DENYSEStock Fundamentals

Deere & Company is a global leader in the manufacturing and distribution of agricultural, construction, and forestry equipment. The company leverages a Smart Industrial Operating Model to integrate advanced technology, such as automation and autonomy, into its machinery to improve customer productivity and sustainability. Its value proposition is centered on providing lifecycle solutions and precision technology that optimize production systems for growers and infrastructure developers.

Market Cap$142.93B
Revenue TTM$47.4B
Net Income TTM$4.8B
P/E Ratio29.88
Net Margin10.09%
EPS TTM$17.65
Free Cash Flow TTM$6.7B
Employees83.0K
CEOJohn C. May
CountryUnited States of America
Industrials
Agricultural - Machinery
SegmentsAgricultural Machinery, Construction Machinery, Forestry Equipment, Financial Services
Business ModelsManufacturing, Direct-to-Consumer, B2B Distribution, Solutions as a Service (SaaS), Captive Finance
Most Recent EarningsMay 21, 2026 · 6 days agoQ2 2026
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Next EarningsAug 20, 2026 · in 3 monthsBefore Market Open · Q3 2026

Financials

Based on Q2 2026 filing

ROE18.5%
D/E211.19%
Total Debt$57.9B
Cash$7.9B
CapEx TTM$1.3B

Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Production & Precision Agriculture

primary

Develops and delivers global equipment and technology solutions for production-scale growers of large grains, small grains, cotton, and sugarcane. Focuses on precision technologies like global navigation satellite systems and automation to improve crop yields.

Products

4WD/track and row crop tractors, Harvesters, Cotton Pickers, Cotton Strippers, Sugarcane Harvesters, Sugarcane Loaders, Hagie Sprayers, Mazzotti Sprayers, Monosem Planters, PLA Sprayers, King Agro Carbon Fiber Sprayer Booms

Customers

Large-scale grain farmers, Cotton growers, Sugarcane producers

Small Agriculture & Turf

major

Provides equipment and technology for dairy and livestock producers, high-value crop growers, and turf and utility customers. This segment focuses on mechanization at scale and the development of electric and autonomous solutions for smaller acreage.

Products

Specialty, Utility, and Compact Tractors, Self-Propelled Forage Harvesters, Hay and Forage Equipment, Rotary Mowers, Gator Utility Vehicles, Riding Lawn Equipment, Golf Course Equipment, GUSS Sprayers, Frontier Attachments

Customers

Dairy and livestock farmers, Orchard and vineyard owners, Residential homeowners, Golf course managers, Commercial landscaping companies

Construction & Forestry

major

Manufactures a broad range of machines used in earthmoving, roadbuilding, and timber harvesting. It integrates precision technology like SmartGrade and obstacle detection to enhance jobsite safety and efficiency.

Products

Backhoe Loaders, Crawler Dozers, Skid Steers, Excavators, Wirtgen Milling Machines, Vögele Asphalt Pavers, Hamm Compactors, Kleemann Mobile Crushers, Waratah Forestry Attachments, Articulated Dump Trucks

Customers

Construction contractors, Roadbuilding companies, Public infrastructure agencies, Forestry and logging companies

Financial Services

moderate

Provides and administers financing for retail purchases of new and used equipment, as well as wholesale financing for dealers. It also offers revolving charge accounts and extended equipment warranties.

Products

Retail Installment Sales and Loan Contracts, Retail Leases, Revolving Charge Accounts, Wholesale Notes, Extended Warranties

Customers

Independent John Deere dealers, Retail equipment purchasers, Agricultural and turf merchants

Segment Financials

Production And Precision Agriculture — Revenue

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Production Agriculture — Revenue

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Production And Precision Agriculture — Goodwill

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Small Agriculture And Turf — Revenue

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Turf — Revenue

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Small Agriculture — Revenue

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Construction And Forestry — Revenue

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Construction Equipment — Revenue

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Construction And Forestry — Segment Expenditure Addition To Long Lived Assets

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Financial Services — Revenue

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Financial Services — Total Assets

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Financial Products — Revenue Not From Contract With Customer

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Business Overview

Competitive Position

A leading global manufacturer of agricultural and construction equipment with a dominant market share in large-scale farming machinery and a growing footprint in precision technology and roadbuilding.

Geographies

United States, Canada, Brazil, Europe, Australia, India, China

Customer Segments

Commercial Farmers, Construction Firms, Government Agencies, Residential Consumers

Upstream Dependencies

Steel producers, Electronics and semiconductor suppliers, Metal casting and forging suppliers, Plastic and hydraulic component manufacturers

Downstream Customers

Independent retail dealer networks, Mass retailers (The Home Depot, Lowe's), National equipment rental companies, Direct retail customers

Deere & Company logo

Deere & Company FAQ

Common questions about Deere & Company

Deere & Company is a global leader in the manufacturing and distribution of agricultural, construction, and forestry equipment. The company leverages a Smart Industrial Operating Model to integrate advanced technology, such as automation and autonomy, into its machinery to improve customer productivity and sustainability. Its value proposition is centered on providing lifecycle solutions and precision technology that optimize production systems for growers and infrastructure developers.

Deere & Company (DE) has a market capitalization of $142.93B and trades on NYSE.

Deere & Company generated $47.4B in trailing twelve-month revenue with net income of $4.8B, representing a net margin of 10.1%, with free cash flow of $6.7B. These figures are based on the Q2 2026 filing.

Deere & Company's key competitors include Caterpillar Inc., CNH Industrial N.V., The Toro Company, and others. These companies compete in similar markets and product categories.

Deere & Company has approximately 83,000 employees.