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DE logoDeere & Company (DE) Earnings History

Annual and quarterly earnings data from 1989 to 2025

TTM Net Income
$4.08B
Profitable
TTM EPS
$15.04
Diluted
YoY EPS Growth
+0.0%
Solid
Net Margin
11.3%
Profitability
Operating Margin18.8%
Gross Margin36.5%
ROE19.3%
ROA4.7%
Highest Annual Net Income$10.17B (2023)
Highest Quarterly EPS$10.20 (Q3 2023)
Consecutive Profitable Years24 years
Q1 2026
Net Income$656M
EPS$2.42
QoQ Growth-38.4%Declining

Loading earnings history...

DE EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-27.8%
Declining
3-Year
-7.4%
Slow
5-Year
+16.3%
Strong
10-Year
+12.4%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

DE Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202538.4%20.6%11.0%
202438.6%22.6%14.1%
202337.0%24.2%16.9%
202230.7%17.6%13.9%
202131.9%17.8%13.9%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Deere & Company (DE) Earnings Overview

As of May 8, 2026, Deere & Company (DE) reported trailing twelve-month net income of $4.08B, reflecting +0.0% year-over-year growth. The company earned $15.04 per diluted share over the past four quarters, with a net profit margin of 11.3%.

Looking at the long-term picture, DE's 5-year EPS compound annual growth rate (CAGR) stands at +16.3%, indicating exceptional earnings growth. The company achieved its highest annual net income of $10.17B in fiscal 2023.

Deere & Company maintains positive profitability with a gross margin of 36.5%, operating margin of 18.8%, and net margin of 11.3%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including CNH ($386M net income, 2.8% margin), AGCO ($771M net income, 7.2% margin), CAT ($9.42B net income, 13.1% margin), DE has outperformed on profitability metrics. Compare DE vs CNH →

DE Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
DE logoDECurrent
$4.1B$15.0411.3%19.3%+0.0%—
CNH logoCNH
$386M$0.312.8%6.5%-58.6%
AGCO logoAGCO
$771M$10.617.2%16.9%+271.4%
CAT logoCAT
$9.4B$20.2213.1%43.5%-14.6%
TITN logoTITN
-$54M$-2.38-2.2%-9.1%-46.0%
LNN logoLNN
$73M$6.8610.9%14.6%+12.8%
Best in group
Lowest in group

DE Historical Earnings Data (1989–2025)

37 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$5.03B-29.2%$9.43B$18.5011.0%20.6%
2024$7.10B-30.2%$11.43B$25.6214.1%22.6%
2023$10.17B+42.6%$14.59B$34.6316.9%24.2%
2022$7.13B+19.6%$9.03B$23.2813.9%17.6%
2021$5.96B+116.8%$7.66B$18.9913.9%17.8%
2020$2.75B-15.4%$4.37B$8.697.9%12.6%
2019$3.25B+37.4%$4.83B$10.158.5%12.6%
2018$2.37B+9.7%$4.38B$7.246.5%12.0%
2017$2.16B+41.7%$2.93B$6.687.5%10.2%
2016$1.52B-21.4%$2.24B$4.815.9%8.7%

Full DE Stock Analysis

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Should I Buy DE Right Now?

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See DE's True Return

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Is DE Undervalued?

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Compare DE vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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DE — Frequently Asked Questions

Quick answers to the most common questions about buying DE stock.

Is DE growing earnings?

DE TTM EPS: $15.04. Net income: $4.1B. Earnings growth: +0.0%.

What are DE's profit margins?

Deere & Company net margin is +11.3%, with operating margin at +18.8%. Margins sit within typical range for the sector.

How consistent are DE's earnings?

DE earnings data spans 1989-2025. The current earnings trend is +0.0% YoY. Historical data enables comparison across business cycles.

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DE Earnings Over Time (2014–2025)

Net income and EPS trends