MARKETS / NYSE / DE
NYSE · FARM MACHINERY & EQUIPMENT · LARGE CAP

Deere Funding Canada Corp. DE

19 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY5 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$45.7B
▼ 11.7% vs FY2024
Dividend streak
5 yrs
Raised every year since 2021
EPS · FY25
$18.50
Dividend / sh · FY25
$6.48
Payout · FY25
34%
ROE · FY25
20.6%
Net margin · FY25
11.0%
Dividend coverage
2.9×
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Result
USD 45.7B
Revenue, FY2025 · full 19-year series below
Revenue Net income
2040608045.75.02007201020132016201920222025
2040608045.75.02016201920222025

11 cents of every revenue dollar became profit this year.

Per share
USD 18.50
Diluted EPS, FY2025
EPS Dividend
20406.4818.502007201020132016201920222025
20406.4818.502016201920222025

Earnings covered the dividend 2.9 times — the rest stayed in the company.

Profitability
20.6%
Return on equity, FY2025
ROE
20406020.6%2007201020132016201920222025
20406020.6%2016201920222025
Operating margin
Net margin11.0%
Return on assets4.7%

Each USD of equity produced 21 cents of profit this year.

Returned to shareholders
USD 2.9B
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 1.7B
Net buybacksUSD 1.1B
Share of profit56.9%
Consecutive raises5 years

USD 1.7B in dividends and USD 1.1B in buybacks — 57% of the year's profit went back to shareholders.

Growth
+5.2% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−4.6%
+5.2%
+4.7%
+3.8%
Net income
−11.0%
+12.8%
+10.0%
+6.8%
EPS, diluted
−7.4%
+16.3%
+12.4%
+10.1%
Dividend / share
+14.1%
+16.3%
+10.4%
+12.2%
Returned to shareholders
−16.5%
+10.9%
−2.2%
+9.7%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.27B
Shares outstanding, FY2025
0.280.272007201020132016201920222025
0.280.272016201920222025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 106.0B
total assets, end of FY2025
Total assetsUSD 106.0B
EquityUSD 25.9B
CashUSD 8.3B
Gross debtUSD 20.4B
Net debtUSD 12.1B

Net debt stands at 47% of equity.

History
19 fiscal years
Every figure from documents filed with the SEC · USD
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
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 figures not disclosed in the filing for that year.

How we verifyAUDITED
37 of 37
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed