NYSE · FARM MACHINERY & EQUIPMENT · LARGE CAP
Deere & Co. DE
19 fiscal years on record · USD · FY2025 reported · SEC filings only
5 YEARS OF DIVIDEND GROWTH
In brief
What this company does
Written from the business description in DEERE & CO's annual report to the U.S. Securities and Exchange Commission, filed 18 December 2025. Every sentence was checked against that document before publication.
Growth
USD 45.7B
Revenue, FY2025 · full 19-year series below
Revenue $B
Net income $B
FY2025 · Revenue 45.7 · Net income 5.0
Compound annual growth
−4.6%
+5.2%
+4.7%
+3.8%
−11.0%
+12.8%
+10.0%
+6.8%
−7.4%
+16.3%
+12.4%
+10.1%
+14.1%
+16.3%
+10.4%
+12.2%
−16.5%
+10.9%
−2.2%
+9.7%
3 yrs
5 yrs
10 yrs
15 yrs
Revenue compounded at +5.2% a year over five years — but profit grew faster: net income at +12.8%, earnings per share at +16.3%.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
11 cents
of every revenue dollar became profit
Operating margin
Net margin
FY2025 · Operating — · Net 10.9%
ROE
FY2025 · ROE 20.6%
Each USD of equity produced 21 cents of profit this year.
The 19-year record
19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 45.7 | 51.7 | 61.3 | 52.6 | 44.0 | 35.5 | 39.3 | 37.4 | 29.7 | 26.6 | 28.9 | 36.1 | 37.8 | 36.2 | 32.0 | 26.0 | 23.1 | 28.4 | 24.1 |
| Operating income $B | · | 9.0 | 13.0 | 9.5 | 8.0 | 4.3 | 4.4 | 4.5 | 3.6 | 2.6 | 3.1 | 5.2 | 5.9 | 5.1 | 4.6 | 3.4 | 1.6 | 3.4 | · |
| EBITDA $B | · | 11.2 | 15.0 | 11.4 | 10.1 | 6.4 | 6.4 | 6.4 | 5.3 | 4.2 | 4.5 | 6.5 | 7.1 | 6.1 | 5.5 | 4.3 | 2.5 | 4.3 | · |
| Income tax $B | 1.3 | 2.1 | 2.9 | 2.0 | 1.7 | 1.1 | 0.9 | 1.7 | 1.0 | 0.7 | 0.8 | 1.6 | 1.9 | 1.7 | 1.4 | 1.2 | 0.5 | 1.1 | 0.9 |
| Net income $B | 5.0 | 7.1 | 10.2 | 7.1 | 6.0 | 2.8 | 3.3 | 2.4 | 2.2 | 1.5 | 1.9 | 3.2 | 3.5 | 3.1 | 2.8 | 1.9 | 0.9 | 2.1 | 1.8 |
| Free cash flow $B | 6.1 | 7.6 | 7.1 | 3.6 | 6.9 | 6.7 | 2.3 | 0.9 | 1.6 | 3.1 | 3.1 | 2.5 | 2.1 | −0.2 | 1.3 | 1.5 | 1.1 | 0.8 | 1.7 |
| EPS, diluted $ | 18.50 | 25.62 | 34.63 | 23.28 | 18.99 | 8.69 | 10.15 | 7.24 | 6.68 | 4.81 | 5.77 | 8.63 | 9.09 | 7.63 | 6.63 | 4.35 | 2.06 | 4.70 | 4.00 |
| Dividend / sh $ | 6.48 | 5.88 | 5.05 | 4.36 | 3.61 | 3.04 | 3.04 | 2.58 | 2.40 | 2.40 | 2.40 | 2.22 | 1.99 | 1.79 | 1.52 | 1.16 | 1.12 | 1.06 | 0.91 |
| Payout % | 34 | 23 | 14 | 18 | 17 | 35 | 29 | 34 | 35 | 50 | 42 | 25 | 21 | 23 | 21 | 26 | 54 | 22 | 21 |
| ROE % | 20.6 | 31.8 | 48.4 | 36.9 | 38.0 | 22.6 | 28.7 | 22.7 | 26.9 | 23.0 | 24.5 | 32.7 | 41.4 | 44.9 | 42.8 | 33.6 | 15.4 | 30.0 | 25.5 |
| Shares out B | 0.27 | 0.27 | 0.28 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Compare
This company against its peers
Deere & Co.vsApple Inc.Same industry: Farm Machinery & EquipmentDeere & Co.vsDell Technologies Inc.Same industry: Farm Machinery & EquipmentDeere & Co.vsCaterpillar Inc.Same industry: Farm Machinery & EquipmentDeere & Co.vsInternational Business Machines Corp.Same industry: Farm Machinery & EquipmentDeere & Co.vsCisco Systems, Inc.Same industry: Farm Machinery & EquipmentDeere & Co.vsHP Inc.Same industry: Farm Machinery & EquipmentDeere & Co.vsSuper Micro Computer, Inc.Same industry: Farm Machinery & Equipment
Provenance
Company facts, as filed
How we verify · 0 failures in 56 reconciliationsAUDITED
Reconciled in 19 of 19 fiscal years. 9 checks could not be computed.
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityFarm Machinery & Equipment
Listed onNYSE
Incorporated inDelaware
Fiscal year endsNovember 1
Data on record since2007