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DE / Industrials

DEERE & CO

Farm Machinery & Equipment

Company overview

DEERE & CO is an SEC-reporting issuer listed on NYSE under DE. Its SEC industry description is Farm Machinery & Equipment. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.

Equipment manufacturers, transport operators and industrial service providers face differing order and asset cycles.

Business segments

Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.

Selected fundamentals

Annual reporting currency: USD. Financial amounts are in millions, except per-share figures and ratios.

Latest period 2025-11-02 · prior period 2024-10-27
Metric2025-11-022024-10-27Source filed
RevenueUSD 45,684mUSD 51,716m2025-12-18
Operating incomeNot availableUSD 9,039m2025-12-18
Net incomeUSD 5,027mUSD 7,100m2025-12-18
Diluted EPSUSD 18.50USD 25.622025-12-18
Operating cash flowUSD 7,459mUSD 9,231m2025-12-18
Capital expenditureUSD 1,360mUSD 1,640m2025-12-18
Free cash flowUSD 6,099mUSD 7,591m2025-12-18
Gross marginNot availableNot available2025-12-18
Operating marginNot available17.48%2025-12-18

FCF = operating cash flow − purchases of property, plant and equipment. Missing tags remain unavailable. Standardized cash-flow comparisons are particularly limited for financial businesses.

Inspect original metric provenance
{
  "revenue": {
    "start": "2024-10-28",
    "end": "2025-11-02",
    "val": 45684000000,
    "accn": "0001104659-25-122321",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-12-18",
    "frame": "CY2025",
    "tag": "us-gaap:Revenues",
    "unit": "USD"
  },
  "netIncome": {
    "start": "2024-10-28",
    "end": "2025-11-02",
    "val": 5027000000,
    "accn": "0001104659-25-122321",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-12-18",
    "frame": "CY2025",
    "tag": "us-gaap:NetIncomeLoss",
    "unit": "USD"
  },
  "eps": {
    "start": "2024-10-28",
    "end": "2025-11-02",
    "val": 18.5,
    "accn": "0001104659-25-122321",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-12-18",
    "frame": "CY2025",
    "tag": "us-gaap:EarningsPerShareDiluted",
    "unit": "USD/shares"
  },
  "operatingCashFlow": {
    "start": "2024-10-28",
    "end": "2025-11-02",
    "val": 7459000000,
    "accn": "0001104659-25-122321",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-12-18",
    "frame": "CY2025",
    "tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
    "unit": "USD"
  },
  "capex": {
    "start": "2024-10-28",
    "end": "2025-11-02",
    "val": 1360000000,
    "accn": "0001104659-25-122321",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-12-18",
    "frame": "CY2025",
    "tag": "us-gaap:PaymentsToAcquirePropertyPlantAndEquipment",
    "unit": "USD"
  },
  "totalAssets": {
    "end": "2025-11-02",
    "val": 105996000000,
    "accn": "0001104659-25-122321",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-12-18",
    "tag": "us-gaap:Assets",
    "unit": "USD"
  },
  "totalLiabilities": {
    "end": "2025-11-02",
    "val": 79989000000,
    "accn": "0001104659-25-122321",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-12-18",
    "tag": "us-gaap:Liabilities",
    "unit": "USD"
  },
  "shareholdersEquity": {
    "end": "2025-11-02",
    "val": 25950000000,
    "accn": "0001104659-25-122321",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-12-18",
    "tag": "us-gaap:StockholdersEquity",
    "unit": "USD"
  }
}

Annual earnings trend

Reported fiscal periods, not a live price chart.

Interactive chart loads in the browser. The full annual values are available below.

View all annual figures in a table
Period endRevenueNet incomeEPS
2025-11-02USD 45,684mUSD 5,027mUSD 18.50
2024-10-27USD 51,716mUSD 7,100mUSD 25.62
2023-10-29USD 61,251mUSD 10,166mUSD 34.63
2022-10-30USD 52,577mUSD 7,131mUSD 23.28

Valuation context

This release does not quote price-based multiples because it does not include synchronized market prices. A financial denominator must be paired with a clearly dated market value.

MeasureInterpretation
P/EPrice divided by EPS; identify annual, trailing or forward basis.
P/S & P/BMarket capitalization divided by sales or book equity.
EV / EBITDAEnterprise value and EBITDA need consistent definitions.
FCF yieldFree cash flow divided by dated market capitalization.

A sector median is descriptive, not a fair-value estimate. Explore sector context ↗

Selected filing notes

10-KFiled 2025-12-18Period 2025-11-02

Annual-disclosure reading guide for DE: Backlog conversion, utilization, deliveries, working capital and service revenue. Filing metadata only; this note is not a substantive review of the full document.

Read SEC original ↗

Related research

Company ResearchDE

DE: reading the FY2025 financial structure

Annual revenue of USD 45.684 billion and net income of USD 5.027 billion for the period ended 2025-11-02.

2026-09-26 · 2 min
Data through 2025-11-02

Risks & what to monitor

Order cancellations, supply constraints, execution risk, labor costs and capital-cycle sensitivity.

Backlog conversion, utilization, deliveries, working capital and service revenue.

Sources & dates