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) Operating margin

Deere & Company's operating margin over the twelve months to 31 July 2026 was 19.5%, down 1.2 percentage points from fiscal 2025 (20.6%). Over the past ten years it has ranged from 11.2% (fiscal 2016) to 25.3% (fiscal 2023); the current reading is higher than 82% of that period. That is above the Farm & Heavy Construction Machinery industry median of 4.47% and above the Industrials sector median of 5.15%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 20.6% (3.63)
FY2024 24.3% (0.99)
FY2023 25.3% 5.88
FY2022 19.4% (0.14)
FY2021 19.5% 5.09
FY2020 14.4% 0.28
FY2019 14.2% 0.03
FY2018 14.1% 0.49
FY2017 13.6% 2.42
FY2016 11.2% (0.78)

Quarterly

Period Operating margin Change (points)
Jul 2026 20.6% (1.92)
Apr 2026 22.5% 6.30
Jan 2026 16.2% (1.47)
Oct 2025 17.7% (2.27)
43 more quarters

Against its own ten years

Low 11.2% High 25.3%
Ten-year median 14.4%
Current reading's percentile 82

Operating margin against peers

Company Operating margin
DE Deere & Company 19.5%
CAT Caterpillar Inc. compare 19.4%
FSS Federal Signal Corporation compare 16.2%
CNH CNH Industrial N.V. compare 13.5%
PCAR PACCAR Inc. compare 13.3%
ALG Alamo Group, Inc. compare 8.91%
OSK Oshkosh Corporation compare 7.52%
AGCO AGCO Corporation compare 5.83%
TEX Terex Corporation compare 5.72%
Farm & Heavy Construction Machinery industry median 4.47%
Industrials sector median 5.15%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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