Deere (DE) Net Margin (2009 - 2026)
Deere (DE) recorded quarterly Net Margin of 13.28% in Q2 2026, up 99.38% quarter-over-quarter from 6.66% in Q1 2026, and down 81.0% on a YoY basis from 69.88% in Q2 2025.
Deere (DE) Net Margin (2009 - 2026) Analysis & Trends
Deere's Net Margin history runs 18 years deep, the most recent figure standing at 13.28% for Q2 2026.
- In Q2 2026, Net Margin fell 81.0% year-over-year to 13.28%; the TTM figure through May 2026 stood at 9.41% (down 303.0% YoY), while the FY2025 annual figure was 10.31%, down 344.0% from the prior year.
- Net Margin was 13.28% for Q2 2026 at Deere, up from 6.66% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 24.36% in Q3 2023 to a low of 6.32% in Q4 2025.
- Historically, Net Margin has averaged 13.04% across 5 years, with a median of 13.32% in 2022.
- The sharpest annual moves came in 2023 and 2024: Net Margin jumped 1099 bps in 2023, then plunged 1121 bps in 2024.
- A 5-year view of Net Margin shows it stood at 14.43% in 2022, then dropped by 29 bps to 10.23% in 2023, then advanced by 11 bps to 11.4% in 2024, then sank by 45 bps to 6.32% in 2025, then surged by 110 bps to 13.28% in 2026.
- The last three Net Margin figures came in at 13.28% (Q2 2026), 6.66% (Q1 2026), and 6.32% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 397.22 Bn | 393.14 Bn | 6.11 Bn | 14.64% |
| 2 | Deere | 151.61 Bn | 143.71 Bn | 13.06 Bn | 13.28% |
| 3 | Paccar | 60.18 Bn | 59.49 Bn | 1.36 Bn | 8.93% |
| 4 | Oshkosh | 8.00 Bn | 7.75 Bn | 311.90 Mn | 1.91% |
| 5 | Terex | 5.74 Bn | 5.35 Bn | 206.00 Mn | 0.23% |
| 6 | Blue Bird | 2.18 Bn | 1.91 Bn | 70.65 Mn | 7.79% |
| 7 | Alamo | 1.82 Bn | 1.62 Bn | 104.81 Mn | 7.00% |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 7.80% |
| 9 | Astec Industries | 1.14 Bn | 1.06 Bn | 99.10 Mn | 0.33% |
| 10 | Hyster-Yale | 613.93 Mn | 618.23 Mn | 124.80 Mn | -3.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 13.28% |
| Feb 1, 2026 | 6.66% |
| Nov 2, 2025 | 6.32% |
| Jul 27, 2025 | 10.49% |
| Apr 27, 2025 | 14.09% |
| Jan 26, 2025 | 10.20% |
| Oct 27, 2024 | 11.40% |
| Jul 28, 2024 | 13.15% |
| Apr 28, 2024 | 15.53% |
| Jan 28, 2024 | 14.33% |
| Oct 29, 2023 | 10.23% |
| Jul 30, 2023 | 24.36% |
| Apr 30, 2023 | 16.43% |
| Jan 29, 2023 | 15.46% |
| Oct 30, 2022 | 14.43% |
| Jul 31, 2022 | 13.37% |
| May 1, 2022 | 15.64% |
| Jan 30, 2022 | 9.42% |
| Oct 31, 2021 | 11.33% |
| Aug 1, 2021 | 14.39% |