Deere (DE) Net Margin (2009 - 2026)
Deere's Net Margin was 10.94% in fiscal Q3 2026 (quarter ended Aug 2, 2026), up 0.21 percentage points from 10.73% a year earlier but down 2.32 percentage points from the prior quarter.
Deere (DE) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Deere's Net Margin was 10.16% through Aug 2, 2026, down 1.56 percentage points year-over-year; for FY2025 (ended Nov 2, 2025), it was 11.00%, down 2.72 percentage points from FY2024.
- Net Margin shows a five-year change of +3.26 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Net Margin was 13.73% in FY2024 (-2.87 pp), 16.60% in FY2023 (+3.03 pp), 13.56% in FY2022 (+0.02 pp) and 13.54% in FY2021 (+5.80 pp).
- Quarterly Net Margin has moved between 6.83% (fiscal Q1 2026) and 18.85% (fiscal Q3 2023) over five years.
- Compared with a year earlier, Net Margin was higher in 1 of the last eight quarters, with an average year-over-year change of -2.36 percentage points.
- The best year-over-year quarter for Net Margin over five years was fiscal Q1 2023 (a gain of 6.05 percentage points); the worst was fiscal Q3 2024 (a drop of 5.66 percentage points).
- Per Business Quant data, DE's Net Margin in the three fiscal quarters before Q3 2026 was 13.26% (Q2 2026), 6.83% (Q1 2026) and 8.59% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.61 Bn | 323.31 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 209.51 Bn | 204.09 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 173.81 Bn | 141.90 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 165.22 Bn | 162.40 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 120.51 Bn | 118.63 Bn | 2.25 Bn | 18.96% |
| 6 | Emerson Electric | 90.72 Bn | 83.46 Bn | 2.66 Bn | 14.73% |
| 7 | Vertiv Holdings | 90.25 Bn | 80.87 Bn | 1.23 Bn | 15.20% |
| 8 | 3M | 83.92 Bn | 65.32 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 75.88 Bn | 72.44 Bn | 1.90 Bn | 18.95% |
| 10 | Cummins | 72.50 Bn | 68.57 Bn | 2.47 Bn | 9.86% |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 10.94% |
| May 3, 2026 | 13.26% |
| Feb 1, 2026 | 6.83% |
| Nov 2, 2025 | 8.59% |
| Jul 27, 2025 | 10.73% |
| Apr 27, 2025 | 14.13% |
| Jan 26, 2025 | 10.21% |
| Oct 27, 2024 | 11.17% |
| Jul 28, 2024 | 13.18% |
| Apr 28, 2024 | 15.56% |
| Jan 28, 2024 | 14.37% |
| Oct 29, 2023 | 15.37% |
| Jul 30, 2023 | 18.85% |
| Apr 30, 2023 | 16.45% |
| Jan 29, 2023 | 15.48% |
| Oct 30, 2022 | 14.46% |
| Jul 31, 2022 | 13.36% |
| May 1, 2022 | 15.69% |
| Jan 30, 2022 | 9.44% |
| Oct 31, 2021 | 11.33% |
Deere Net 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=net-margin&ticker=DE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=DE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();