Deere & Company (DE) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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DE Revenue Growth
Revenue Breakdown (FY 2024)
DE's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
DE Revenue Analysis (2014–2025)
As of May 6, 2026, Deere & Company (DE) generated trailing twelve-month (TTM) revenue of $46.31 billion, reflecting strong growth of +16.3% year-over-year. The most recent quarter (Q1 2026) recorded $9.61 billion in revenue, down 22.5% sequentially.
Looking at the longer-term picture, DE's 5-year compound annual growth rate (CAGR) stands at +5.6%, indicating steady revenue expansion. The company achieved its highest annual revenue of $60.25 billion in 2023.
Revenue diversification analysis shows DE's business is primarily driven by Production & Precision Ag (PPA) (40%), Compact Construction Equipment (15%), and Small Agriculture (15%).
When compared to Industrials sector peers including CNH (-4.0% YoY), AGCO (-3.8% YoY), and CAT (+11.8% YoY), DE has outperformed the peer group in terms of revenue growth. Compare DE vs CNH →
DE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DECurrent | $46.3B | +16.3% | +5.6% | 20.6% | |
 CNH | $18.1B | -4.0% | +4.1% | 15.4% | |
 AGCO | $10.1B | -3.8% | +2.0% | 6.9% | |
 CAT | $67.6B | +11.8% | +10.1% | 16.6% | |
 TITN | $2.4B | -10.2% | +11.5% | -0.1% | |
 LNN | $676M | +8.8% | +7.3% | 13.0% |
DE Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $45.68B | -9.6% | $17.52B | 38.4% | $9.43B | 20.6% |
| 2024 | $50.52B | -16.1% | $19.50B | 38.6% | $11.43B | 22.6% |
| 2023 | $60.25B | +17.5% | $22.31B | 37.0% | $14.59B | 24.2% |
| 2022 | $51.28B | +19.2% | $15.73B | 30.7% | $9.03B | 17.6% |
| 2021 | $43.03B | +23.9% | $13.71B | 31.9% | $7.66B | 17.8% |
| 2020 | $34.72B | -9.5% | $10.86B | 31.3% | $4.37B | 12.6% |
| 2019 | $38.38B | +5.3% | $11.36B | 29.6% | $4.83B | 12.6% |
| 2018 | $36.46B | +27.4% | $10.68B | 29.3% | $4.38B | 12.0% |
| 2017 | $28.62B | +10.5% | $8.58B | 30.0% | $2.93B | 10.2% |
| 2016 | $25.90B | -8.0% | $7.54B | 29.1% | $2.24B | 8.7% |
Full DE Stock Analysis
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Start ComparisonDE — Frequently Asked Questions
Quick answers to the most common questions about buying DE stock.
Is DE's revenue growth accelerating or slowing?
DE revenue is accelerating at +16.3% year-over-year, exceeding the 5-year CAGR of +5.6%. TTM revenue reached $46.3B. Growth momentum has increased versus prior periods.
What is DE's long-term revenue growth rate?
Deere & Company's 5-year revenue CAGR of +5.6% reflects the sustained expansion pattern. Current YoY growth of +16.3% is above this long-term average.
How is DE's revenue distributed by segment?
DE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.