gross profit bridgeinconsistent2017-10-29
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
$45.68B
Fiscal year ended 2025-11-02Operating income
Unavailable
Fiscal year ended 2025-11-02Free cash flow
$6.10B
Fiscal year ended 2025-11-02DEERE & CO (DE) reported revenue of $45.68B and net income of $5.03B for the fiscal year ended 2025-11-02. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from DEERE & CO’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Farm Machinery & Equipment.
Income
| Metric | 2025-11-02 | 2024-10-27 | 2023-10-29 | 2022-10-30 | 2021-10-31 | 2020-11-01 | 2019-11-03 | 2018-10-28 | 2017-10-29 | 2016-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $45.68B | $51.72B | $61.25B | $52.58B | $44.02B | $35.54B | $39.26B | $37.36B | $29.74B | $26.64B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $19.93B | $18.25B |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $8.40B |
| Operating income | Unavailable | $9.04B | $12.96B | $9.51B | $8.01B | $4.30B | $4.42B | $4.48B | $3.57B | $2.59B |
| Net income | $5.03B | $7.10B | $10.17B | $7.13B | $5.96B | $2.75B | $3.25B | $2.37B | $2.16B | $1.52B |
| Research & development | $2.31B | $2.29B | $2.18B | $1.91B | $1.59B | $1.64B | $1.78B | $1.66B | $1.37B | $1.39B |
| Weighted-average diluted shares | shares 271.70M | shares 277.10M | shares 293.60M | shares 306.30M | shares 314.00M | shares 316.60M | shares 320.60M | shares 327.30M | shares 323.30M | shares 316.60M |
| Pretax income | $6.26B | $9.21B | $13.02B | $9.13B | $7.60B | $3.88B | $4.09B | $4.07B | $3.15B | $2.22B |
| Income tax expense | $1.26B | $2.09B | $2.87B | $2.01B | $1.66B | $1.08B | $852.00M | $1.73B | $971.00M | $700.10M |
| Diluted EPS | $18.50 | $25.62 | $34.63 | $23.28 | $18.99 | $8.69 | $10.15 | $7.24 | $6.68 | $4.81 |
| Selling, general & administrative | $4.66B | $4.84B | $4.60B | $3.86B | $3.38B | $3.48B | $3.55B | $3.46B | $3.10B | $2.76B |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-11-02 | 2024-10-27 | 2023-10-29 | 2022-10-30 | 2021-10-31 | 2020-11-01 | 2019-11-03 | 2018-10-28 | 2017-10-29 | 2016-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $8.28B | $7.32B | $7.46B | $4.77B | $8.02B | $7.07B | $3.86B | $3.90B | $9.33B | $4.34B |
| Total assets | $106.00B | $107.32B | $104.09B | $90.03B | $84.11B | $75.09B | $73.01B | $70.11B | $65.79B | $57.98B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $79.99B | $84.40B | $82.20B | $69.67B | $65.68B | $62.15B | $61.58B | $58.80B | $56.21B | $51.44B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $25.96B | $22.84B | $21.79B | $20.26B | $18.43B | $12.94B | $11.42B | $11.29B | $9.56B | $6.53B |
| Temporary (mezzanine) equity | $51.00M | $82.00M | $97.00M | $92.00M | Unavailable | Unavailable | $14.00M | $14.00M | $14.00M | $14.00M |
| Inventory | $7.41B | $7.09B | $8.16B | $8.50B | $6.78B | $5.00B | $5.98B | $6.15B | $3.90B | $3.34B |
| Accounts receivable | $5.32B | $5.33B | $7.74B | $6.41B | $4.21B | $4.17B | $5.23B | $5.00B | Unavailable | Unavailable |
| Goodwill | $4.19B | $3.96B | $3.90B | $3.69B | $3.29B | $3.08B | $2.92B | $3.10B | $1.03B | $815.70M |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | $32.89B | $32.73B | $30.23B | $27.24B | $25.89B | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-11-02 | 2024-10-27 | 2023-10-29 | 2022-10-30 | 2021-10-31 | 2020-11-01 | 2019-11-03 | 2018-10-28 | 2017-10-29 | 2016-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $7.46B | $9.23B | $8.59B | $4.70B | $7.73B | $7.48B | $3.41B | $1.82B | $2.20B | Unavailable |
| Capital expenditures | $1.36B | $1.64B | $1.50B | $1.13B | $848.00M | $820.00M | $1.12B | $896.00M | $595.00M | $644.40M |
| Investing cash flow | -$2.06B | -$6.46B | -$8.75B | -$8.48B | -$5.75B | -$3.32B | -$3.92B | -$8.18B | -$1.66B | Unavailable |
| Financing cash flow | -$4.58B | -$2.72B | $2.81B | $826.00M | -$1.08B | -$980.00M | $509.00M | $876.00M | $4.29B | Unavailable |
| Net change in cash | $900.00M | $13.00M | $2.68B | -$3.18B | $953.00M | $3.22B | -$59.00M | -$5.45B | $4.98B | $173.60M |
| Stock-based compensation | $151.00M | $208.00M | $130.00M | $85.00M | $82.00M | $81.00M | $82.00M | $84.00M | $68.00M | $70.60M |
| Common dividends paid | $1.72B | $1.60B | $1.43B | $1.31B | $1.04B | $956.00M | $943.00M | $806.00M | $764.00M | $761.30M |
| Common share repurchases | $1.14B | $4.01B | $7.22B | $3.60B | $2.54B | $750.00M | $1.25B | $958.00M | $6.00M | $205.40M |
| Depreciation & amortization | $2.23B | $2.12B | $2.00B | $1.90B | $2.05B | $2.12B | $2.02B | $1.93B | $1.72B | $1.56B |
Derived
| Metric | 2025-11-02 | 2024-10-27 | 2023-10-29 | 2022-10-30 | 2021-10-31 | 2020-11-01 | 2019-11-03 | 2018-10-28 | 2017-10-29 | 2016-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $6.10B | $7.59B | $7.09B | $3.56B | $6.88B | $6.66B | $2.29B | $926.00M | $1.60B | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 31.5% |
| Operating margin | Unavailable | Unavailable | Unavailable | 18.1% | 18.2% | 12.1% | 11.2% | 12.0% | 12.0% | 9.7% |
| FCF margin | 13.4% | 14.7% | 11.6% | 6.8% | 15.6% | 18.7% | 5.8% | 2.5% | 5.4% | Unavailable |
| SBC / revenue | 0.3% | 0.4% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.3% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | -11.7% | -15.6% | 16.5% | 19.4% | 23.9% | -9.5% | 5.1% | 25.6% | 11.6% | Unavailable |
| Net margin | 11.0% | 13.7% | 16.6% | 13.6% | 13.5% | 7.7% | 8.3% | 6.3% | 7.3% | 5.7% |
| R&D / revenue | 5.1% | 4.4% | 3.6% | 3.6% | 3.6% | 4.6% | 4.5% | 4.4% | 4.6% | 5.2% |
| CapEx / revenue | 3.0% | 3.2% | 2.4% | 2.2% | 1.9% | 2.3% | 2.9% | 2.4% | 2.0% | 2.4% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 20.1% | 22.7% | 22.1% | 22.0% | 21.8% | 27.9% | 20.8% | 42.4% | 30.8% | 31.5% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open DE in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-27View SEC filing
10-Q · Filed 2026-05-28View SEC filing
10-Q · Filed 2026-02-26View SEC filing
10-K · Filed 2025-12-18View SEC filing
10-Q · Filed 2025-08-28View SEC filing
10-Q · Filed 2025-05-29View SEC filing
Reconciliation checks needing review
1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.