Deere (DE) Net Margin (2009 - 2026)
Deere (DE) posted quarterly Net Margin of 13.28% for Q2 2026, down 81.0% year-over-year from 69.88% in Q2 2025, and up 99.38% quarter-over-quarter from 6.66% in Q1 2026.
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 9.9% (down 189.0% YoY), while the FY2025 annual figure was 10.82%, down 236.0% from the prior year.
- Net Margin for Q2 2026 stood at 13.28%, up from 6.66% in the prior quarter.
- The five-year high for Net Margin was 32.25% in Q4 2023, with the low at 6.66% in Q1 2026.
- The 5-year median for Net Margin is 13.73% (2022), against an average of 14.89%.
- The sharpest annual moves came in 2023 and 2024: Net Margin soared 1099 bps in 2023, then tumbled 2350 bps in 2024.
- Deere's Net Margin stood at 26.49% in 2022, then gained by 22 bps to 32.25% in 2023, then plunged by 73 bps to 8.76% in 2024, then dropped by 6 bps to 8.2% in 2025, then jumped by 62 bps to 13.28% in 2026.
- Business Quant data shows DE's Net Margin at 13.28% in Q2 2026, 6.66% in Q1 2026, and 8.2% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 390.12 Bn | 383.41 Bn | 7.76 Bn | 17.49% |
| 2 | Deere | 166.90 Bn | 159.00 Bn | 13.06 Bn | 13.28% |
| 3 | Paccar | 69.84 Bn | 61.17 Bn | 1.56 Bn | 9.96% |
| 4 | CNH Industrial | 13.37 Bn | 11.50 Bn | 1.41 Bn | 2.69% |
| 5 | Oshkosh | 9.77 Bn | 9.37 Bn | 480.30 Mn | 6.26% |
| 6 | Terex | 7.67 Bn | 7.27 Bn | 444.00 Mn | 4.92% |
| 7 | Agco | 7.27 Bn | 6.70 Bn | 645.90 Mn | 2.60% |
| 8 | Blue Bird | 2.25 Bn | 2.14 Bn | 103.37 Mn | 36.13% |
| 9 | Alamo | 2.08 Bn | 1.88 Bn | 110.86 Mn | 6.86% |
| 10 | Lindsay | 1.19 Bn | 1.04 Bn | 47.83 Mn | 10.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 13.28% |
| Feb 1, 2026 | 6.66% |
| Nov 2, 2025 | 8.20% |
| Jul 27, 2025 | 10.49% |
| Apr 27, 2025 | 14.09% |
| Jan 26, 2025 | 10.20% |
| Oct 27, 2024 | 8.76% |
| Jul 28, 2024 | 13.15% |
| Apr 28, 2024 | 15.53% |
| Jan 28, 2024 | 14.33% |
| Oct 29, 2023 | 32.25% |
| Jul 30, 2023 | 24.36% |
| Apr 30, 2023 | 16.43% |
| Jan 29, 2023 | 15.46% |
| Oct 30, 2022 | 26.49% |
| Jul 31, 2022 | 13.37% |
| May 1, 2022 | 15.64% |
| Jan 30, 2022 | 9.42% |
| Oct 31, 2021 | 24.91% |
| Aug 1, 2021 | 14.39% |