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.

Revenue
+4.91%
EPS
+7.35%
Free cash flow
−20.1%
Total debt
−4.22%

Quarter to July 2026, against a year earlier

665.50 11.00 −1.63%
Market cap
$178.9B
P/E
36.9×
Fwd P/E
37.3×
Dividend yield
0.97%
F-score
6/9
Altman Z
2.92
Beneish M
−2.60
Dividend safety
74/100

Deere & Company (DE) Net margin

Alert me on 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 1.41% and above the Industrials sector median of 2.52%.

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

Against its own ten years

Low 5.72% High 16.6%
Ten-year median 8.29%
Current reading's percentile 53

Net margin against peers

Company Net margin
BLBD Blue Bird Corporation compare 17.5%
CAT Caterpillar Inc. compare 15.2%
FSS Federal Signal Corporation compare 11.7%
DE Deere & Company 10.2%
PCAR PACCAR Inc. compare 9.50%
OSK Oshkosh Corporation compare 4.63%
AGCO AGCO Corporation compare 2.76%
TEX Terex Corporation compare 2.64%
CNH CNH Industrial N.V. compare 1.71%
Farm & Heavy Construction Machinery industry median 1.41%
Industrials sector median 2.52%
Market median 1.06%

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

The full definition of Net margin →

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