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Companies / Industrials / Deere & Company
DE

Deere & Company

IndustrialsIndustrial MachineryS&P 500
Ticker DEMOLINE, ILFiscal year ends NovemberBook value per share $103.36Diluted shares 270.8M

Deere & Company (NYSE: DE) manufactures agricultural, turf, construction, forestry, and roadbuilding equipment, alongside precision technologies, parts, services, and customer financing. Its customers include production-scale crop growers, dairy and livestock producers, turf and utility users, and construction,… From the company’s description.

In fiscal 2025, Deere & Company reported revenue of $45.68B, down 11.7% from fiscal 2024, and net income of $5.00B. Its operating margin was 20.6%, and operations generated $7.46B in cash. Over the twelve months to Aug 2, 2026, revenue was $47.98B.

Fiscal year 2025 · ends 11-01Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-08-02
Sales & profitability
$45.68BFY2025
−11.7% year over year
Last 12 mo $47.98B
20.64%FY2025
−3.6 percentage points
Last 12 mo 19.46%
$5.00BFY2025
−29.5% year over year
Last 12 mo $4.86B
19.37%FY2025
−11.7 percentage points
Last 12 mo 17.41%
Cash & financing
$7.46BFY2025
−19.2% year over year
Last 12 mo $7.25B
$6.10BFY2025
−19.7% year over year
Last 12 mo $6.02B
2.46FY2025
Was 2.85× a year earlier
Last 12 mo 2.28
271.7MFY2025
−1.9% year over year
Last 12 mo 270.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Deere & Company does

In the company’s own words

Deere & Company (NYSE: DE) manufactures agricultural, turf, construction, forestry, and roadbuilding equipment, alongside precision technologies, parts, services, and customer financing. Its customers include production-scale crop growers, dairy and livestock producers, turf and utility users, and construction, forestry, and roadbuilding businesses. The company operates four segments: Production & Precision Agriculture, Small Agriculture & Turf, Construction & Forestry, and Financial Services. In fiscal 2025, the three equipment segments generated $17.3 billion, $10.2 billion, and $11.4 billion in net sales, respectively; Financial Services provides retail and wholesale financing, leases, and extended warranties. Products include tractors, harvesters, mowers, excavators, loaders, and roadbuilding machinery, supported by connected tools such as John Deere Operations Center. Major brands include Wirtgen, Vögele, Hamm, Hagie, Monosem, and Waratah. Founded in 1837, Deere had approximately 73,100 employees as of November 2, 2025. Its website is http://www.deere.com.

Company details
Sector
Industrials
Industry (SIC)
Industrial Machinery
Headquarters
MOLINE, IL
Fiscal year end
November
CIK
315189
SIC
3523

Financial performance, year by year

Fiscal 2014–2025 · USD
$-6.13B$12.25B$30.63B$49.00B$67.38B2014201520162016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Deere & Company — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

955
funds hold it
2 of 35
superinvestors hold it
$51.81B
held by funds, at market
31.4%
of shares held by funds
74
bond issues held by funds

Superinvestors in Deere & Company · what they did last quarter

Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
4.2%of 13F portfolio
Bill NygrenDECREASED -39.6%
Harris Associates (Oakmark)
0.3%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Deere & Company’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.22%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.25%of fund net assets
—of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.25%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Deere & Company’s bonds, as funds hold them

Funds report holding 74 issues of Deere & Company’s debt, $4.35B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.32%, maturing 2026 to 2055.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Deere & Company and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Deere & Company's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Deere & Company's last four quarterly filings that the numbers alone won't show?”
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