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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) operates as a global manufacturer of agricultural, construction, and forestry equipment, with a heritage dating back to 1837. The company maintains its primary web presence at www.deere.com and employs approximately 73,100 people worldwide, including roughly 32,500 full-time production… From the company’s description.

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
13.70%FY2025
−4.1 percentage points
Last 12 mo 13.41%
$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) operates as a global manufacturer of agricultural, construction, and forestry equipment, with a heritage dating back to 1837. The company maintains its primary web presence at www.deere.com and employs approximately 73,100 people worldwide, including roughly 32,500 full-time production employees, with significant operations across the United States, Canada, Europe, Brazil, India, Australia, and numerous other international markets.

The company organizes its business through four primary segments: Production & Precision Agriculture, Small Agriculture & Turf, Construction & Forestry, and Financial Services. In fiscal year 2025, Production & Precision Agriculture generated 45 percent of equipment operations net sales, Small Agriculture & Turf contributed 26 percent, and Construction & Forestry accounted for 29 percent. The Production & Precision Agriculture segment manufactures large-scale tractors, harvesters, cotton pickers, sugarcane equipment, and precision agricultural technology solutions. Small Agriculture & Turf produces specialty and compact tractors, hay and forage equipment, riding lawn equipment, golf course equipment, and utility vehicles sold through independent retailers and mass merchants including The Home Depot and Lowe's. Construction & Forestry offers excavators, motor graders, wheel loaders, backhoes, articulated dump trucks, and roadbuilding equipment under the Wirtgen brand, alongside forestry products including skidders, feller bunchers, and forwarders.

The Financial Services segment provides retail financing, wholesale financing, leasing, and extended warranty services across multiple geographies, with operations in the United States, Canada, Argentina, Australia, India, Mexico, New Zealand, and various other countries. John Deere maintains a robust dealer network of approximately 2,050 independent locations in the United States and Canada, with additional distribution through company-owned subsidiaries and independent dealers in over 100 countries worldwide.

The company's competitive positioning rests on brand recognition, product innovation, technology integration including precision agriculture and autonomy solutions, manufacturing excellence, and an extensive dealer support network. John Deere operates centralized parts distribution warehouses in the United States, Brazil, and Germany, coordinated with regional distribution centers globally to support customer service and parts availability.

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.

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  • “How do Deere & Company and its peers compare on margins and cash generation over ten years?”
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