Deere & Company (DE)
NYSE: DE · Real-Time Price · USD
599.81
-9.04 (-1.48%)
Aug 17, 2026, 4:00 PM EDT - Market closed
Deere & Company Income Statement
Financials in millions USD. Fiscal year is December - November.
Millions USD. Fiscal year is Dec - Nov.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | May '26 May 3, 2026 | Nov '25 Nov 2, 2025 | Oct '24 Oct 27, 2024 | Oct '23 Oct 29, 2023 | Oct '22 Oct 30, 2022 | Oct '21 Oct 31, 2021 |
Operating Revenue | 40,716 | 38,917 | 44,759 | 55,565 | 47,917 | 39,737 |
Other Revenue | 6,621 | 6,711 | 6,773 | 5,657 | 4,646 | 4,246 |
| 47,337 | 45,628 | 51,532 | 61,222 | 52,563 | 43,983 | |
Revenue Growth | 4.30% | -11.46% | -15.83% | 16.47% | 19.51% | 23.85% |
Cost of Revenue | 30,052 | 28,151 | 30,735 | 37,715 | 35,247 | 29,116 |
Gross Profit | 12,291 | 12,300 | 15,202 | 18,755 | 14,396 | 12,223 |
Selling, General & Admin | 3,726 | 3,700 | 3,702 | 3,428 | 2,964 | 2,879 |
Research & Development | 2,373 | 2,311 | 2,257 | 2,177 | 1,912 | 1,587 |
Other Operating Expenses | -340 | -323 | -168 | -244 | -243 | -169 |
Operating Expenses | 5,759 | 5,688 | 5,791 | 5,361 | 4,633 | 4,297 |
Operating Income | 6,532 | 6,612 | 9,411 | 13,394 | 9,763 | 7,926 |
Interest Expense | -238 | -247 | -166 | -91 | -263 | -306 |
Interest & Investment Income | 56 | 56 | 127 | 29 | 14 | 41 |
Earnings From Equity Investments | 9 | - | -24 | 7 | 10 | 21 |
Currency Exchange Gain (Loss) | -8 | -8 | -71 | -122 | -132 | -59 |
EBT Excluding Unusual Items | 6,351 | 6,413 | 9,277 | 13,217 | 9,392 | 7,623 |
Merger & Restructuring Charges | - | - | -152 | - | -14 | - |
Gain (Loss) on Sale of Assets | - | - | - | -18 | - | - |
Asset Writedown | -93 | -61 | - | - | -88 | - |
Legal Settlements | -95 | -95 | 57 | - | - | - |
Other Unusual Items | - | - | - | -173 | -153 | - |
Pretax Income | 6,163 | 6,257 | 9,182 | 13,026 | 9,137 | 7,623 |
Income Tax Expense | 1,407 | 1,259 | 2,094 | 2,871 | 2,007 | 1,658 |
Earnings From Continuing Operations | 4,756 | 4,998 | 7,088 | 10,155 | 7,130 | 5,965 |
Minority Interest in Earnings | 27 | 29 | 12 | 11 | 1 | -2 |
Net Income | 4,783 | 5,027 | 7,100 | 10,166 | 7,131 | 5,963 |
Net Income to Common | 4,783 | 5,027 | 7,100 | 10,166 | 7,131 | 5,963 |
Net Income Growth | -15.38% | -29.20% | -30.16% | 42.56% | 19.59% | 116.76% |
Shares Outstanding (Basic) | 270 | 271 | 276 | 292 | 305 | 312 |
Shares Outstanding (Diluted) | 271 | 272 | 277 | 294 | 306 | 314 |
Shares Change | -0.84% | -1.95% | -5.62% | -4.15% | -2.45% | -0.82% |
EPS (Basic) | 17.69 | 18.56 | 25.72 | 34.79 | 23.42 | 19.14 |
EPS (Diluted) | 17.65 | 18.50 | 25.62 | 34.63 | 23.28 | 18.99 |
EPS Growth | -14.62% | -27.79% | -26.02% | 48.75% | 22.59% | 118.53% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | May '26 May 3, 2026 | Nov '25 Nov 2, 2025 | Oct '24 Oct 27, 2024 | Oct '23 Oct 29, 2023 | Oct '22 Oct 30, 2022 | Oct '21 Oct 31, 2021 |
Free Cash Flow | 3,768 | 3,231 | 4,429 | 4,121 | 911 | 5,146 |
Free Cash Flow Per Share | 13.90 | 11.89 | 15.98 | 14.04 | 2.97 | 16.39 |
Dividend Per Share | 6.480 | 6.480 | 5.880 | 5.050 | 4.360 | 3.610 |
Dividend Growth | 4.85% | 10.20% | 16.44% | 15.83% | 20.78% | 18.75% |
Gross Margin | 25.96% | 26.96% | 29.50% | 30.63% | 27.39% | 27.79% |
Operating Margin | 13.80% | 14.49% | 18.26% | 21.88% | 18.57% | 18.02% |
Profit Margin | 10.10% | 11.02% | 13.78% | 16.61% | 13.57% | 13.56% |
Free Cash Flow Margin | 7.96% | 7.08% | 8.60% | 6.73% | 1.73% | 11.70% |
EBITDA | 8,614 | 8,614 | 11,349 | 15,254 | 11,541 | 9,855 |
EBITDA Margin | 18.20% | 18.88% | 22.02% | 24.92% | 21.96% | 22.41% |
D&A For EBITDA | 2,082 | 2,002 | 1,938 | 1,860 | 1,778 | 1,929 |
EBIT | 6,532 | 6,612 | 9,411 | 13,394 | 9,763 | 7,926 |
EBIT Margin | 13.80% | 14.49% | 18.26% | 21.88% | 18.57% | 18.02% |
Effective Tax Rate | 22.83% | 20.12% | 22.80% | 22.04% | 21.97% | 21.75% |
Revenue as Reported | 47,393 | 45,684 | 51,716 | 61,251 | 52,577 | 44,024 |
Advertising Expenses | - | 235 | 230 | 244 | 227 | 212 |