Deere (DE) Operating Margin (2009 - 2026)

Deere's Operating Margin history runs 18 years deep, the most recent figure standing at 1.88% for Q2 2026.

• In Q2 2026, Operating Margin rose 26.0% year-over-year to 1.88%; the TTM figure through May 2026 stood at 6.39% (up 386.0% YoY), while the FY2025 annual figure was 5.85%, up 413.0% from the prior year.
• Operating Margin for Q2 2026 stood at 1.88%, down from 3.13% in the prior quarter.
• The five-year high for Operating Margin was 32.23% in Q4 2023, with the low at 0.24% in Q2 2023.
• The 5-year median for Operating Margin is 3.89% (2025), against an average of 8.98%.
• The sharpest annual moves came in 2024 and 2025: Operating Margin sank 3015 bps in 2024, then jumped 1397 bps in 2025.
• Deere's Operating Margin stood at 19.03% in 2022, then soared by 69 bps to 32.23% in 2023, then tumbled by 94 bps to 2.08% in 2024, then surged by 671 bps to 16.06% in 2025, then plunged by 88 bps to 1.88% in 2026.
• Business Quant data shows DE's Operating Margin at 1.88% in Q2 2026, 3.13% in Q1 2026, and 16.06% in Q4 2025.