DE · NYSE · Agricultural - Machinery

Deere & Company (DE)

Makes John Deere farm, construction, forestry, and turf equipment with precision technology and financing.

$700.19
vs last close+15.46 (+2.26%)
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Deere & CompanyDE
Industrials

Makes agricultural, turf, construction, roadbuilding, and forestry equipment, while supplying precision technology and financing purchases through John Deere Financial. A broad dealer network connects a mostly U.S.-and-Canada sales base with customers worldwide, leaving demand tied to farm and construction cycles.

Builds agricultural, turf, construction, roadbuilding, and forestry equipment, pairing machinery with precision guidance, automation, connectivity, and data tools. Production & Precision Agriculture covers large tractors, combines, and crop-care systems; Small Agriculture & Turf spans utility tractors, hay and forage machines, and mowers. Construction & Forestry adds earthmoving, compact equipment, timber machines, and Wirtgen roadbuilding brands.

Sells through a broad dealer network, with most sales in the U.S. and Canada and distribution worldwide. John Deere Financial funds customer purchases and dealer inventories, linking credit performance to equipment demand. Results depend on farm income and commodity cycles, construction spending, interest rates and credit availability, tariffs and supply chains, dealer support, technology adoption, and seasonal planting and harvest patterns.

Company facts

CEOJohn C. May
ListedJun 1, 1972
ExchangeNYSE
HeadquartersMoline, IL
CountryUnited States
Employees73,100
CIK0000315189
ISINUS2441991054

Market cap$184.83B
EPS (ttm)$18.00
P/E (ttm)38.04
ROE18.1%
P/B6.60
P/S3.88
Dividend yieldDiv yield0.95%
Beta0.45vs XLI 1.24

Price target$741.00+8.2%Average of 46 analysts
ConsensusBuy21 of 46 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 13, 2026CICCInitiate
Rating:
Rating: Outperform
Sep 3, 2026Evercore ISI GroupUpgrade
Rating: In Line
Rating: Outperform
Sep 2, 2026Evercore ISIUpgrade
Rating: PositiveTarget: $458
Rating: OutperformTarget: $813
Aug 31, 2026Raymond JamesReiterate
Rating: Target: $765
Rating: OutperformTarget: $730
Aug 31, 2026Robert W. BairdTarget
Target: $640
Target: $800

Next report
Nov 25, 26
in 64 days
EPS estimate
$4.04
Revenue estimate
$10.42B
Fiscal quarter
Q4 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$3.19$6.64$4.75$3.93$2.42$6.55$5.10Pending
Estimate$3.11$5.56$4.57$3.84$2.02$5.70$4.69$4.04
Surprise+2.6%+19.4%+3.9%+2.3%+19.8%+14.9%+8.7%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$8.26B$12.53B$11.78B$12.09B$8.00B$11.78B$12.61BPending
Estimate$7.70B$10.79B$10.35B$9.83B$7.59B$11.55B$10.81B$10.42B
Surprise+7.3%+16.1%+13.8%+23.0%+5.4%+2.0%+16.6%
Estimate$4.04
ReportedDue Nov 25, 2026
Estimate$10.42B
ReportedDue Nov 25, 2026
View details

Debt to equity229.30%
Current ratio76.70%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$10.83B$8.26B$12.53B$11.78B$12.09B$9.61B$13.37B$12.61B
Net income$1.25B$869.0M$1.80B$1.29B$1.07B$656.0M$1.77B$1.38B
Net margin11.5%10.5%14.4%10.9%8.8%6.8%13.3%10.9%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income$2.14B$1.48B$2.88B$2.16B$1.90B$1.56B$3.01B$2.59B
YoY growth−42.4%−44.8%−22.4%−25.3%−11.6%+5.2%+4.2%+20.1%

Balance sheet, Aug 2, 2026Cash & short-term investments $10.28B · Total debt $64.18B · Total assets $107.61B · Shareholders' equity $27.99B

Revenue
$12.61B
Operating income
$2.59B
Net income
$1.38B
View details

Dividend yield
0.95%
Next ex-date
Sep 30, 26
in 8 days
Annual dividend
$6.48
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yieldUpcoming

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$1.62$1.62$1.62$1.62$1.62$1.62$1.62$1.62
Annual yield1.42%1.32%1.24%1.42%1.39%1.15%1.02%0.93%
Ex-dateDec 31Mar 31Jun 30Sep 30Dec 31Mar 31Jun 30Sep 30
Payment dateFeb 10May 8Aug 8Nov 10Feb 9May 8Aug 10Nov 9
View details

Institutions75.81%204.63M shares
2,744 holders · as of Jun 30, 2026
Insiders0.14%369.3K shares
22 holders · as of Sep 2, 2026
Other24.05%64.93M shares
remainder

269.94M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
6.87%18.54Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.14%16.58Mas of Jun 30, 2026
Capital World InvestorsInstitution
4.26%11.50Mas of Jun 30, 2026
State Street CorpInstitution
4.03%10.87Mas of Jun 30, 2026
JPMorgan Chase & CoInstitution
3.41%9.21Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 31, 2026Ryan D. Campbellofficer: Pres WWC&F and Pwr Systems−4,860$651.19
Aug 24, 2026Ryan D. Campbellofficer: Pres WWC&F and Pwr Systems−7,839$653.77
Aug 21, 2026Ryan D. Campbellofficer: Pres WWC&F and Pwr Systems−23,260$651.18
Jan 14, 2026Cory J. Reedofficer: Pres, Life Sol Cust Sup & S.M.−12,000$510.00
Jan 8, 2026John C. II Mayofficer: Chairman & CEO−41,472$501.49
View details

  • CNH Industrial

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  • Caterpillar

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  • Toro

    Named rival in commercial mowing, golf course, and grounds maintenance.

Compare

CompanyPriceChange
Deere & Company$700.19+2.26%$184.83B38.033.43.9+7.0%
CNH Industrial$13.70+1.59%$16.71B54.324.80.9+2.0%
AGCO$119.74−0.13%$8.40B16.618.40.8−1.0%
Caterpillar$806.80−1.19%$376.11B35.128.05.0+24.0%
Toro$94.35+1.02%$8.89B25.019.11.9+8.4%
Median30.021.91.4+5.1%