Deere & Company (DE): financials, SEC filings and peers
Deere & Company (DE) is an agricultural & farm machinery company in the Industrials sector of the S&P 500, headquartered in Moline, Illinois.
It was founded in 1837 and joined the S&P 500 on March 4, 1957.
Its fiscal year ends in November, and its shares trade on the NYSE.
In its SEC filings it is classified as “Farm Machinery & Equipment”.
Deere & Company at a glance
- Revenue (12 months)
- $48.0B
- Revenue growth
- +8.0%
- Operating margin
- 19.5%
- Net income (12 months)
- $4.9B
- Free cash flow (12 months)
- $6.0B
- Cash
- $8.9B
- Debt
- $17.1B
- Diluted EPS (12 months)
- $18.00
Twelve months to August 2, 2026, from the 10-Q filed August 27, 2026.
Latest twelve months
Over the twelve months to August 2, 2026, Deere & Company reported revenue of $48.0 billion, about the same as a year earlier (+8.0%).
Its operating margin was 19.5%, down 2.2 percentage points from a year earlier: for every $100 of sales, about $19 was left as operating profit.
Net income was $4.9 billion (10.2% of revenue), 6.4% lower than a year earlier.
Profit fell while sales grew, which usually points to higher costs, heavier investment or one-time items. The filings explain which.
Operating cash flow was $7.2 billion and capital spending $1.2 billion, leaving free cash flow of $6.0 billion (12.5% of revenue).
At the end of the period it held $8.9 billion in cash and $17.1 billion in debt, a net debt position of $8.2 billion.
Five-year trend
- Revenue went from $35.5 billion in fiscal 2020 to $45.7 billion in fiscal 2025, about 5.2% a year.
- Operating margin widened from 12.1% to 17.5% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $44.0B | $52.6B | $61.3B | $51.7B | $45.7B |
| Revenue growth | 23.9% | 19.4% | 16.5% | -15.6% | -11.7% |
| Operating margin | 18.2% | 18.1% | 21.2% | 17.5% | — |
| Net income | $6.0B | $7.1B | $10.2B | $7.1B | $5.0B |
| Free cash flow | $6.9B | $3.6B | $7.1B | $7.6B | $6.1B |
| Diluted EPS | $18.99 | $23.28 | $34.63 | $25.62 | $18.50 |
Fiscal years as reported in Deere & Company’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 10-Q filed August 27, 2026 — quarterly report
- 8-K filed August 20, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed July 15, 2026 — Other event
- 8-K filed June 1, 2026 — Executive or director change
- 10-Q filed May 28, 2026 — quarterly report
- 8-K filed May 21, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed May 1, 2026 — Executive or director change; Regulation FD disclosure
- 8-K filed March 16, 2026 — Executive or director change
Companies like Deere & Company
Deere & Company is the only S&P 500 company in Agricultural & Farm Machinery.
More from Industrials
Questions about Deere & Company
Is Deere & Company's revenue growing?
Yes. Revenue for the twelve months to August 2, 2026 was $48.0 billion, up 8.0% from a year earlier, according to its SEC filings.
Is Deere & Company profitable?
Yes. It earned $4.9 billion in net income over the twelve months to August 2, 2026, a net margin of 10.2%.
Does Deere & Company have more cash or more debt?
At August 2, 2026 it had $8.9 billion in cash and $17.1 billion in debt, so more debt than cash.
When did Deere & Company last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 27, 2026.
Which companies are similar to Deere & Company?
In the S&P 500, Deere & Company is grouped in Agricultural & Farm Machinery within the Industrials sector.
Understand the numbers
Source: Deere & Company’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.