Deere & Company
DE Industrials Farm & Heavy Construction Machinery
Deere & Company’s revenue for fiscal 2025 (year ended October 2025) was $45.7 billion, down 11.7% from fiscal 2024. In the quarter to July 2026, revenue grew 4.91%, EPS grew 7.35%, free cash flow fell 20.1% and total debt fell 4.22%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.
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Deere & Company (DE) Net margin
Deere & Company's net margin over the twelve months to 31 July 2026 was 10.2%, down 0.8 percentage points from fiscal 2025 (11.0%). Over the past ten years it has ranged from 5.72% (fiscal 2016) to 16.6% (fiscal 2023); the current reading is higher than 64% of that period. That is above the Farm & Heavy Construction Machinery industry median of 1.49% and above the Industrials sector median of 2.22%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 11.0% | (2.73) |
| FY2024 | 13.7% | (2.87) |
| FY2023 | 16.6% | 3.04 |
| FY2022 | 13.6% | 0.02 |
| FY2021 | 13.5% | 5.80 |
| FY2020 | 7.74% | (0.55) |
| FY2019 | 8.29% | 1.95 |
| FY2018 | 6.34% | (0.92) |
| FY2017 | 7.26% | 1.54 |
| FY2016 | 5.72% | (1.00) |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jul 2026 | 10.9% | (2.32) |
| Apr 2026 | 13.3% | 6.43 |
| Jan 2026 | 6.83% | (1.76) |
| Oct 2025 | 8.59% | (2.14) |
| 43 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| CAT Caterpillar Inc. compare | 14.5% |
| FSS Federal Signal Corporation compare | 11.7% |
| DE Deere & Company | 10.2% |
| PCAR PACCAR Inc. compare | 9.00% |
| ALG Alamo Group, Inc. compare | 6.08% |
| OSK Oshkosh Corporation compare | 5.24% |
| AGCO AGCO Corporation compare | 5.15% |
| TEX Terex Corporation compare | 2.23% |
| CNH CNH Industrial N.V. compare | 1.71% |
| Farm & Heavy Construction Machinery industry median | 1.49% |
| Industrials sector median | 2.22% |
| Market median | 0.45% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on DE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement