Deere (DE) Interest Expenses (2009 - 2026)
Deere's Interest Expenses was $661 million in fiscal Q3 2026 (quarter ended Aug 2, 2026), down 8.2% from $720 million a year earlier but up 1.8% from the prior quarter.
Deere (DE) Interest Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Deere's Interest Expenses was $2.69 billion through Aug 2, 2026, down 12.5% year-over-year; for FY2025 (ended Nov 2, 2025), it came in at $2.92 billion, down 8.1% from FY2024.
- Interest Expenses shows a five-year compound annual growth rate of 18.6% (FY2020 to FY2025).
- In earlier fiscal years, Interest Expenses was $3.18 billion in FY2024 (+34.7%), $2.36 billion in FY2023 (+122.4%), $1.06 billion in FY2022 (+6.9%) and $993 million in FY2021 (-20.4%).
- Quarterly Interest Expenses has moved between $187 million (fiscal Q2 2022) and $870 million (fiscal Q4 2024) over five years.
- Compared with a year earlier, Interest Expenses has declined for seven straight quarters, with an average decline of 8.8% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was fiscal Q2 2023 (growth of 204.3%); the worst was fiscal Q2 2022 (a decline of 30.2%).
- Per Business Quant data, DE's Interest Expenses in the three fiscal quarters before Q3 2026 was $649 million (Q2 2026), $664 million (Q1 2026) and $717 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.37 Bn | 323.07 Bn | 7.76 Bn | 497.00 Mn |
| 2 | Amphenol | 209.04 Bn | 203.63 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 173.76 Bn | 141.85 Bn | 4.66 Bn | 661.00 Mn |
| 4 | Eaton | 165.23 Bn | 162.42 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 95.00 Mn |
| 6 | Emerson Electric | 90.68 Bn | 83.42 Bn | 2.66 Bn | - |
| 7 | Vertiv Holdings | 90.65 Bn | 81.27 Bn | 1.23 Bn | 17.40 Mn |
| 8 | 3M | 83.69 Bn | 65.09 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 75.68 Bn | 72.24 Bn | 1.90 Bn | 79.00 Mn |
| 10 | Cummins | 72.28 Bn | 68.36 Bn | 2.47 Bn | 80.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 661.00 Mn |
| May 3, 2026 | 649.00 Mn |
| Feb 1, 2026 | 664.00 Mn |
| Nov 2, 2025 | 717.00 Mn |
| Jul 27, 2025 | 720.00 Mn |
| Apr 27, 2025 | 721.00 Mn |
| Jan 26, 2025 | 766.00 Mn |
| Oct 27, 2024 | 870.00 Mn |
| Jul 28, 2024 | 840.00 Mn |
| Apr 28, 2024 | 836.00 Mn |
| Jan 28, 2024 | 802.00 Mn |
| Oct 29, 2023 | 782.00 Mn |
| Jul 30, 2023 | 623.00 Mn |
| Apr 30, 2023 | 569.00 Mn |
| Jan 29, 2023 | 479.00 Mn |
| Oct 30, 2022 | 349.00 Mn |
| Jul 31, 2022 | 296.00 Mn |
| May 1, 2022 | 187.00 Mn |
| Jan 30, 2022 | 229.00 Mn |
| Oct 31, 2021 | 210.00 Mn |
Deere Interest Expenses 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=interest-expenses&ticker=DE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=DE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();