Deere (DE) Gross Margin (2009 - 2026)
Deere (DE) recorded Gross Margin of 36.94% in fiscal Q3 2026 (quarter ended Aug 2, 2026), unchanged from 36.94% a year earlier and down 1.14 percentage points from the prior quarter.
Deere (DE) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Deere's Gross Margin came in at 94.58% as of Aug 2, 2026, down 13.57 percentage points year-over-year; for FY2025 (ended Nov 2, 2025), it was 99.30%, down 0.04 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -0.05 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Gross Margin came in at 99.34% in FY2024 (-0.15 pp), 99.50% in FY2023 (unchanged), 99.49% in FY2022 (+0.03 pp) and 99.47% in FY2021 (+0.12 pp).
- Quarterly Gross Margin has ranged from 30.03% in fiscal Q1 2022 to 314.15% in fiscal Q4 2024 over the past five years.
- On a year-over-year basis, Gross Margin rose in two of the last eight quarters, with an average year-over-year change of -4.05 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 32.61 percentage points in fiscal Q4 2024, against a drop of 53.44 percentage points in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 38.09% (Q2 2026), 34.54% (Q1 2026) and 260.71% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.61 Bn | 323.31 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 209.51 Bn | 204.09 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 173.81 Bn | 141.90 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 165.22 Bn | 162.40 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 120.51 Bn | 118.63 Bn | 2.25 Bn | 39.04% |
| 6 | Emerson Electric | 90.72 Bn | 83.46 Bn | 2.66 Bn | 54.48% |
| 7 | Vertiv Holdings | 90.25 Bn | 80.87 Bn | 1.23 Bn | 37.71% |
| 8 | 3M | 83.92 Bn | 65.32 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 75.88 Bn | 72.44 Bn | 1.90 Bn | 44.13% |
| 10 | Cummins | 72.50 Bn | 68.57 Bn | 2.47 Bn | 26.07% |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 36.94% |
| May 3, 2026 | 38.09% |
| Feb 1, 2026 | 34.54% |
| Nov 2, 2025 | 260.71% |
| Jul 27, 2025 | 36.94% |
| Apr 27, 2025 | 40.32% |
| Jan 26, 2025 | 40.70% |
| Oct 27, 2024 | 314.15% |
| Jul 28, 2024 | 40.33% |
| Apr 28, 2024 | 39.89% |
| Jan 28, 2024 | 40.91% |
| Oct 29, 2023 | 281.54% |
| Jul 30, 2023 | 39.09% |
| Apr 30, 2023 | 38.29% |
| Jan 29, 2023 | 37.29% |
| Oct 30, 2022 | 260.00% |
| Jul 31, 2022 | 32.56% |
| May 1, 2022 | 33.30% |
| Jan 30, 2022 | 30.03% |
| Oct 31, 2021 | 286.03% |
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_KEY
import 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();