Deere DE
NYSE DE
$650.89 +0.89 (+0.14%)
As of: Oct 14, 2026 · 3:08 PM EDT

Deere (DE) Gross Margin (2009 - 2026)

Updated

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.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Caterpillar 343.21 Bn 314.90 Bn 7.76 Bn 37.78%
2 Amphenol 202.56 Bn 197.14 Bn 3.55 Bn 40.51%
3 Deere 175.52 Bn 143.61 Bn 4.66 Bn 36.94%
4 Eaton 157.93 Bn 155.11 Bn 2.86 Bn 33.47%
5 Parker-Hannifin 120.58 Bn 118.70 Bn 2.25 Bn 39.04%
6 Emerson Electric 89.52 Bn 82.26 Bn 2.66 Bn 54.48%
7 3M 85.08 Bn 66.48 Bn 2.68 Bn 41.28%
8 Vertiv Holdings 84.79 Bn 75.41 Bn 1.23 Bn 37.71%
9 Illinois Tool Works 76.84 Bn 73.39 Bn 1.90 Bn 44.13%
10 Cummins 72.06 Bn 68.13 Bn 2.47 Bn 26.07%
Historic Data

Historic Data

Download Data
DateValue
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%
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_KEY