tradmap

DE Financials Deere & Company

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 5.2% per year over the past 5 years.
  • Net income has grown faster than revenue (12.8% vs 5.2% per year).
  • Free cash flow has declined 1.8% per year over the past 5 years.

Financial health

  • Total debt has grown in line with revenue (6.8% vs 5.2% per year).

Shareholder returns

  • Dividends have been paid for 15 consecutive years, consuming 34.2% of earnings and 28.2% of free cash flow.
  • The dividend has grown 12.5% per year over the past 5 years.
Revenue & net income
$0 $31B $61B 2013 2015 2016 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 16% 33% 2013 2015 2016 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $4B $8B 2013 2015 2016 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $16B $33B 2013 2015 2016 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$9B $241M $9B $0 2013 2015 2016 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $45.7B $5.0B 0.0% 0.0% $6.1B $8.3B
2024 $51.7B $7.1B 0.0% 17.5% $7.6B $7.3B
2023 $61.3B $10.2B 0.0% 21.2% $7.1B $7.5B
2022 $52.6B $7.1B 0.0% 18.1% $3.6B $4.8B
2021 $44.0B $6.0B 0.0% 18.2% $6.9B $32.9B $8.0B
2020 $35.5B $2.8B 0.0% 12.1% $6.7B $32.7B $7.1B
2019 $39.3B $3.3B 0.0% 11.2% $2.3B $30.2B $3.9B
2018 $37.4B $2.4B 0.0% 12.0% $926M $27.2B $3.9B
2017 $29.7B $2.2B 33.0% 12.0% $1.6B $25.9B $9.3B
2016 $26.6B $1.5B 31.5% 9.7% $4.3B
2016 $26.6B $1.5B 31.5% 9.8% $3.1B $23.7B $4.3B
2015 $28.9B $1.9B 30.2% 10.9% $3.1B $4.2B
2015 $28.9B $1.9B 30.2% 10.9% $23.8B $4.2B
2014 $36.1B $3.2B 31.3% 14.5% $24.4B $3.8B
2013 $37.8B $3.5B 32.1% 15.7% $21.6B $3.5B

Valuation over time

How the market has priced DE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 16.9 33.9 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 1.9 3.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 0.7 1.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is DE growing its revenue and profit?

Over the past 5 years, Deere & Company's revenue has grown 5.2% per year, and net income grown 12.8% per year. These are computed facts, not advice.

How much debt does DE have?

As of FY2025, Deere & Company reported — of total debt against $8.3B of cash.

What is DE's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 11.0%.

What is DE's P/E ratio?

As of Jun '26, Deere & Company traded at a price-to-earnings ratio of about 33.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.