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Deere & Company DE Financial Services — Interest Expense Operating

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Other financials

Income statement

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Revenue$13.4B+4.7%
Net income$1.8B-1.7%
EPS (diluted)$6.55-1.4%

Balance sheet

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Cash & equivalents$7.9B-1.1%
Total debt$58.2B-1.4%
Total equity$27.4B+12.8%
Total assets$107.00B+0.7%

Cash flow

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Operating cash flow$1.9B+13.6%
CapEx$195.0M-3.9%
Free cash flow$1.7B+16.0%

Valuation

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Market cap$169.56B+22.6%
Enterprise value$219.89B+16.1%
P/E35.5×+11.0×
P/S3.6×+0.5×

Profitability

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Gross margin31.4%
Net margin10.1%-2.3pp
FCF margin14.1%-2.1pp

Returns & leverage

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Return on equity18.5%-5.6pp
Debt / equity2.1×-0.3×

Where this comes from

Reported directly by Deere & Company in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseOperating.

The official record: Deere & Company’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Deere & Company's financial services — interest expense operating?
Deere & Company (DE) reported financial services — interest expense operating of $649M in Q1 2026.
How has Deere & Company's financial services — interest expense operating changed year-over-year?
Deere & Company's financial services — interest expense operating decreased by 10.0% year-over-year, from $721M to $649M.
What does financial services — interest expense operating mean?
This metric captures the costs incurred by the financial services segment to fund its lending and leasing activities, primarily through debt issuance. It represents the interest paid on borrowings used to maintain the portfolio of customer receivables. Monitoring this helps evaluate the cost of capital for the financing arm and its impact on net interest margins.