Deere & Company DE

690.46 (4.48) (0.64%) as of 25 Sep
Market cap
$187.7B
P/E
38.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Deere & Company (DE) Gross margin

Deere & Company's gross margin over the twelve months to 31 July 2026 was 36.6%, down 1.8 percentage points from fiscal 2025 (38.4%). Over the past ten years it has ranged from 30.2% (fiscal 2015) to 40.5% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Farm & Heavy Construction Machinery industry median of 24.2% and above the Industrials sector median of 30.5%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 38.4% (2.13)
FY2024 40.5% 2.06
FY2023 38.4% 5.64
FY2022 32.8% (1.07)
FY2021 33.9% 0.48
FY2020 33.4% 1.63
FY2019 31.8% 0.20
FY2018 31.6% (1.65)
FY2017 33.2% 1.49
FY2016 31.7% 1.50

Quarterly

Period Gross margin Change (points)
Jul 2026 37.0% (1.14)
Apr 2026 38.2% 3.51
Jan 2026 34.7% (1.26)
Oct 2025 35.9% (1.09)
43 more quarters

Against its own ten years

Low 30.2% High 40.5%
Ten-year median 33.2%
Current reading's percentile 82

Gross margin against peers

Company Gross margin
DE Deere & Company 36.6%
CAT Caterpillar Inc. compare 34.3%
CNH CNH Industrial N.V. compare 30.6%
FSS Federal Signal Corporation compare 29.2%
AGCO AGCO Corporation compare 25.3%
ALG Alamo Group, Inc. compare 24.2%
PCAR PACCAR Inc. compare 20.0%
TEX Terex Corporation compare 17.2%
OSK Oshkosh Corporation compare 15.9%
Farm & Heavy Construction Machinery industry median 24.2%
Industrials sector median 30.5%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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