Deere (DE) Gross Margin (2009 - 2026)
Deere (DE) posted Gross Margin of 97.7% for Q3 2026, little changed on a QoQ basis from 97.71% in Q2 2026, and up 4.0% year-over-year from 93.94% in Q3 2025.
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Analysis
Deere (DE) Gross Margin (2009 - 2026) Analysis & Trends
Deere has reported Gross Margin for 18 years, with the latest figure at 97.7% in Q3 2026.
- On a quarterly basis, Gross Margin rose 4.0% year-over-year to 97.7% in Q3 2026; TTM through Aug 2026 was 97.6%, a 17.0% increase from a year earlier, with the FY2025 full-year figure at 97.54%, down 3.0% from the prior year.
- Gross Margin was 97.7% for Q3 2026 at Deere, roughly flat from 97.71% in the prior quarter.
- The five-year high for Gross Margin was 98.06% in Q2 2024, with the low at 96.75% in Q1 2022.
- Average Gross Margin over 5 years is 97.6%, with a median of 97.7% recorded in 2026.
- The sharpest annual moves came in 2022 and 2024: Gross Margin jumped 6046 bps in 2022, then slumped 85 bps in 2024.
- Over 5 years, Gross Margin stood at 97.93% in 2022, then declined by 0 bps to 97.92% in 2023, then fell by 1 bps to 97.07% in 2024, then increased by 0 bps to 97.52% in 2025, then advanced by 0 bps to 97.7% in 2026.
- The last three Gross Margin figures came in at 97.7% (Q3 2026), 97.71% (Q2 2026), and 97.4% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | 97.70% |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 37.71% |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 41.28% |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 54.48% |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 44.13% |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn | 26.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 97.70% |
| May 3, 2026 | 97.71% |
| Feb 1, 2026 | 97.40% |
| Nov 2, 2025 | 97.52% |
| Jul 27, 2025 | 97.66% |
| Apr 27, 2025 | 97.75% |
| Jan 26, 2025 | 97.07% |
| Oct 27, 2024 | 97.07% |
| Jul 28, 2024 | 97.99% |
| Apr 28, 2024 | 98.06% |
| Jan 28, 2024 | 96.97% |
| Oct 29, 2023 | 97.92% |
| Jul 30, 2023 | 98.04% |
| Apr 30, 2023 | 97.91% |
| Jan 29, 2023 | 97.64% |
| Oct 30, 2022 | 97.93% |
| Jul 31, 2022 | 97.76% |
| May 1, 2022 | 97.55% |
| Jan 30, 2022 | 96.75% |
| Oct 31, 2021 | 97.26% |
API Access
Deere Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=DE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "DE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=DE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();