Deere & Company Payments to acquire equipment on lease decreased by 49.7% to $432.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.6%, from $439.00M to $432.00M. Over 4 years (FY 2021 to FY 2025), Payments to acquire equipment on lease shows an upward trend with a 13.4% CAGR.
Higher spending indicates an expansion of the leasing portfolio, which may signal future growth in interest and rental income.
Reflects cash outflows for the purchase of machinery or equipment specifically intended for leasing to customers. This i...
Standard for industrial equipment manufacturers with captive finance subsidiaries; peers like Deere or Komatsu report similar capital expenditures.
cat_payments_to_acquire_equipment_on_lease| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $470.00M | $446.00M | $522.00M | $391.00M | $613.00M | $713.00M | $937.00M | $497.00M | $732.00M | $739.00M | $1.00B | $454.00M | $915.00M | $796.00M | $997.00M | $439.00M | $815.00M | $755.00M | $859.00M | $432.00M |
| QoQ Change | — | -5.1% | +17.0% | -25.1% | +56.8% | +16.3% | +31.4% | -47.0% | +47.3% | +1.0% | +35.6% | -54.7% | +101.5% | -13.0% | +25.3% | -56.0% | +85.6% | -7.4% | +13.8% | -49.7% |
| YoY Change | — | — | — | — | +30.4% | +59.9% | +79.5% | +27.1% | +19.4% | +3.6% | +6.9% | -8.7% | +25.0% | +7.7% | -0.5% | -3.3% | -10.9% | -5.2% | -13.8% | -1.6% |