Deere & Company Financial Services — D&A increased by 3.4% to $274.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.4%, from $265.00M to $274.00M. Over 3 years (FY 2021 to FY 2024), Financial Services — D&A shows relatively stable performance with a -3.0% CAGR.
An increase often correlates with a larger portfolio of operating leases, which may signal growth in leasing activity.
This reflects the non-cash expense allocated to the financial services segment, primarily related to assets under operat...
Comparable to depreciation of leased assets in equipment finance companies.
de_segment_financial_services_depreciation_depletion_and_amortization| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $285.00M | $285.00M | $285.00M | $262.50M | $262.50M | $262.50M | $262.50M | $254.00M | $254.00M | $254.00M | $254.00M | $260.00M | $260.00M | $260.00M | $260.00M | $265.00M | $274.00M |
| QoQ Change | — | +0.0% | +0.0% | -7.9% | +0.0% | +0.0% | +0.0% | -3.2% | +0.0% | +0.0% | +0.0% | +2.4% | +0.0% | +0.0% | +0.0% | +1.9% | +3.4% |
| YoY Change | — | — | — | — | -7.9% | -7.9% | -7.9% | -3.2% | -3.2% | -3.2% | -3.2% | +2.4% | +2.4% | +2.4% | +2.4% | +1.9% | +3.4% |