Deere (DE) Tax Rate (2009 - 2026)
Deere (DE) posted Tax Rate of 28.11% for Q3 2026, up 24.43% on a QoQ basis from 22.59% in Q2 2026, and up 692.0% year-over-year from 3.55% in Q3 2025.
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Analysis
Deere (DE) Tax Rate (2009 - 2026) Analysis & Trends
Deere has reported Tax Rate for 18 years, with the latest figure at 28.11% in Q3 2026.
- On a quarterly basis, Tax Rate rose 692.0% year-over-year to 28.11% in Q3 2026; TTM through Aug 2026 was 29.29%, a 649.0% increase from a year earlier, with the FY2025 full-year figure at 24.72%, down 122.0% from the prior year.
- Tax Rate was 28.11% for Q3 2026 at Deere, up from 22.59% in the prior quarter.
- The five-year high for Tax Rate was 48.71% in Q4 2023, with the low at 3.02% in Q1 2025.
- Average Tax Rate over 5 years is 25.15%, with a median of 23.44% recorded in 2026.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 2322 bps in 2022, then surged 2414 bps in 2023.
- Over 5 years, Tax Rate stood at 24.58% in 2022, then soared by 98 bps to 48.71% in 2023, then retreated by 27 bps to 35.75% in 2024, then increased by 26 bps to 45.05% in 2025, then sank by 38 bps to 28.11% in 2026.
- The last three Tax Rate figures came in at 28.11% (Q3 2026), 22.59% (Q2 2026), and 23.44% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | 28.11% |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 19.71% |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 16.34% |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 21.62% |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 24.54% |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn | 25.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 28.11% |
| May 3, 2026 | 22.59% |
| Feb 1, 2026 | 23.44% |
| Nov 2, 2025 | 45.05% |
| Jul 27, 2025 | 21.19% |
| Apr 27, 2025 | 23.06% |
| Jan 26, 2025 | 3.02% |
| Oct 27, 2024 | 35.75% |
| Jul 28, 2024 | 26.54% |
| Apr 28, 2024 | 24.09% |
| Jan 28, 2024 | 21.17% |
| Oct 29, 2023 | 48.71% |
| Jul 30, 2023 | 17.64% |
| Apr 30, 2023 | 25.75% |
| Jan 29, 2023 | 21.54% |
| Oct 30, 2022 | 24.58% |
| Jul 31, 2022 | 25.76% |
| May 1, 2022 | 18.06% |
| Jan 30, 2022 | 21.72% |
| Oct 31, 2021 | 47.80% |
API Access
Deere Tax Rate 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=tax-rate&ticker=DE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=DE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();