Deere & Co (DE)
Deere & Co brought in $48B of revenue over the twelve months to August 2, 2026, up 8.0% from a year earlier. Net income was $4.9B, a net margin of 10.2%. Operating cash flow minus capital spending left $6.1B of free cash flow in fiscal 2025. At August 2, 2026 it held $8.9B in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 27, 2026.
Key facts about Deere & Co
- Net worth
- Deere & Co has a market value (market cap) of $170.8B at the latest share price, and shareholders' equity of $28B on its balance sheet at August 2, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $45.7B (-11.7% year on year), with net income of $5B. Over the 12 months to August 2, 2026: revenue $48B, net income $4.9B.
- Cash flow
- In fiscal 2025 operations brought in $7.5B of cash; after $1.4B of capital spending, free cash flow was $6.1B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 27, 2026 and covers the period to August 2, 2026. Open on SEC EDGAR
- Next earnings report
- Deere & Co's next report is expected around November 25, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Deere & Co declared dividends of $6.48 per share in fiscal 2025, a yield of 1.02% at the current price.
What Deere & Co does
Deere & Company manufactures and distributes machinery used in agriculture, construction, forestry, and turf care under the John Deere brand. The company produces tractors, combines, harvesters, excavators, and lawn mowers. Its customers include farmers, agricultural contractors, builders, landscaping businesses, and residential property owners. Its shares trade on NYSE under the ticker DE.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $45.7B | $5B | $18.50 | $6.1B |
| 2024 | $51.7B | $7.1B | $25.62 | $7.6B |
| 2023 | $61.3B | $10.2B | $34.63 | $7.1B |
| 2022 | $52.6B | $7.1B | $23.28 | $3.6B |
| 2021 | $44B | $6B | $18.99 | $6.9B |
| 2020 | $35.5B | $2.8B | $8.69 | $6.7B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where DE ranks in Industrials
Dividends
Deere & Co declared $6.48 per share in fiscal 2025. At the current price that is a yield of 1.02%. It paid out $1.7B in cash dividends, 34% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $6.48 | $1.7B | 34% |
| 2024 | $5.88 | $1.6B | 23% |
| 2023 | $5.05 | $1.4B | 14% |
| 2022 | $4.36 | $1.3B | 18% |
| 2021 | $3.61 | $1B | 17% |
| 2020 | $3.04 | $956M | 35% |
Latest SEC filings
What Deere & Co has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 27, 2026Quarterly report 10-Q · period to August 2, 2026Revenue rose 4.9% to $12.6B versus the same quarter last year; diluted EPS $5.10 versus $4.75.
- August 20, 2026
- July 15, 2026Other event 8-K
- June 17, 2026
- June 1, 2026
- May 28, 2026Quarterly report 10-Q · period to May 3, 2026Revenue rose 4.7% to $13.4B versus the same quarter last year; diluted EPS $6.55 versus $6.64.
- May 21, 2026
- May 18, 2026
- May 1, 2026
- April 29, 2026Passive stake (5% or more) SCHEDULE 13G
What is DE worth? A DCF from its reported cash flow
Insider trades
What the people running Deere & Co did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $23.4M worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 31, 2026 | Campbell Ryan DPres WWC&F and Pwr Systems | Exercised options | 1,079 | $275K |
| August 31, 2026 | Campbell Ryan DPres WWC&F and Pwr Systems | Exercised options | 1,775 | $610.5K |
| August 31, 2026 | Campbell Ryan DPres WWC&F and Pwr Systems | Exercised options | 1,049 | $459.9K |
| August 31, 2026 | Campbell Ryan DPres WWC&F and Pwr Systems | Exercised options | 957 | $360.8K |
| August 31, 2026 | Campbell Ryan DPres WWC&F and Pwr Systems | Soldpre-planned (10b5-1) | 2,929 | $1.9M |
| August 31, 2026 | Campbell Ryan DPres WWC&F and Pwr Systems | Soldpre-planned (10b5-1) | 975 | $635.1K |
| August 31, 2026 | Campbell Ryan DPres WWC&F and Pwr Systems | Soldpre-planned (10b5-1) | 363 | $236.9K |
| August 31, 2026 | Campbell Ryan DPres WWC&F and Pwr Systems | Soldpre-planned (10b5-1) | 391 | $255.8K |
Who owns DE
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.04% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 2,649 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 18,544,770 | +228,947 |
| Vanguard Capital Management LLC | 16,575,154 | +50,079 |
| Capital World Investors | 11,501,949 | -770,945 |
| State Street Corp | 10,867,942 | +256,561 |
| Jpmorgan Chase & Co | 9,211,993 | -278,450 |
| Fmr LLC | 7,488,674 | +958,880 |
| Capital International Investors | 6,410,022 | +4,706,513 |
| Geode Capital Management, LLC | 5,713,643 | +27,680 |
| Morgan Stanley | 4,369,891 | +120,326 |
| Vanguard Portfolio Management LLC | 3,820,147 | +70,159 |
| Gates Foundation Trust | 3,557,378 | 0 |
| Norges Bank | 3,406,402 | new |
| Fisher Asset Management, LLC | 3,179,375 | +151,211 |
| Wellington Management Group Llp | 3,088,628 | +1,412,694 |
| State Farm Mutual Automobile Insurance Co | 2,803,405 | 0 |
| Bank of America Corp | 2,656,493 | -125,909 |
| Northern Trust Corp | 2,638,118 | -70,635 |
| Bank of New York Mellon Corp | 1,985,211 | +468,037 |
| Dimensional Fund Advisors LP | 1,967,598 | +21,778 |
| Goldman Sachs Group Inc | 1,883,293 | -14,479 |
Insiders
20 insiders reported holding 346,310 shares in total, about $219.1M at the last price.
| Holder | Shares |
|---|---|
| May John C IIChairman & CEO | 117,970 |
| Kalathur RajeshPresident, JD Financial & CIO | 75,850 |
| Campbell Ryan DPres WWC&F and Pwr Systems | 27,192 |
| Reed Cory JPres, Life Sol Cust Sup & S.M. | 20,792 |
| Rose Justin RyanPres Ag & Turf, Sml Ag & Turf | 13,342 |
| Page Gregory RDirector | 11,799 |
| Pryor Felecia J.Sr VP & Chief People Officer | 11,315 |
| Stockton Dmitri LDirector | 9,093 |
| Talton SheilaDirector | 9,093 |
| Jepsen Joshua ASr VP & CFO | 8,732 |
Questions about DE
What does Deere & Co do?
Deere & Company manufactures and distributes machinery used in agriculture, construction, forestry, and turf care under the John Deere brand. The company produces tractors, combines, harvesters, excavators, and lawn mowers. Its customers include farmers, agricultural contractors, builders, landscaping businesses, and residential property owners. Its shares trade on NYSE under the ticker DE.
What is Deere & Co's net worth?
Deere & Co has a market value (market cap) of $170.8B at the latest share price, and shareholders' equity of $28B on its balance sheet at August 2, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Deere & Co profitable?
Yes. Over the twelve months to August 2, 2026 it reported net income of $4.9B on revenue of $48B, a net margin of 10.2%.
How much revenue does Deere & Co make?
Over the twelve months to August 2, 2026 Deere & Co reported revenue of $48B. That is 8.0% more than a year earlier.
When did Deere & Co last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 27, 2026. It covers the period to August 2, 2026. Its newest filing of any kind is the insider trade from September 2, 2026.
When is Deere & Co's next earnings report?
Deere & Co's next report is expected around November 25, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Deere & Co pay a dividend?
Yes. Deere & Co declared dividends of $6.48 per share in fiscal 2025, a yield of 1.02% at the current price.
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Where the numbers come from
Financial figures are the values Deere & Co tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.