Deere (DE) Tax Rate (2009 - 2026)
Deere (DE) posted Tax Rate of 28.11% for fiscal Q3 2026 (quarter ended Aug 2, 2026), up 6.92 percentage points from 21.19% a year earlier and up 5.52 percentage points from the prior quarter.
Deere (DE) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Aug 2, 2026, Tax Rate at Deere was 24.81%, up 6.64 percentage points year-over-year; for FY2025 (ended Nov 2, 2025), it came in at 20.12%, down 2.62 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -7.74 percentage points (FY2020 to FY2025).
- In prior fiscal years, Deere's Tax Rate was 22.75% in FY2024 (+0.69 pp), 22.05% in FY2023 (+0.06 pp), 21.99% in FY2022 (+0.18 pp) and 21.81% in FY2021 (-6.06 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Tax Rate since fiscal Q4 2020.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of +0.52 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q1 2026, with a gain of 20.43 percentage points; the weakest was fiscal Q1 2025, with a drop of 18.16 percentage points.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 22.59% (Q2 2026), 23.44% (Q1 2026) and 24.84% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 353.77 Bn | 325.46 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 210.58 Bn | 205.16 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 174.82 Bn | 142.92 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.39 Bn | 163.57 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 121.12 Bn | 119.25 Bn | 2.25 Bn | 18.51% |
| 6 | Emerson Electric | 91.14 Bn | 83.87 Bn | 2.66 Bn | 21.62% |
| 7 | Vertiv Holdings | 91.11 Bn | 81.73 Bn | 1.23 Bn | 19.71% |
| 8 | 3M | 84.16 Bn | 65.56 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 76.13 Bn | 72.69 Bn | 1.90 Bn | 24.54% |
| 10 | Cummins | 72.87 Bn | 68.95 Bn | 2.47 Bn | 25.14% |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 28.11% |
| May 3, 2026 | 22.59% |
| Feb 1, 2026 | 23.44% |
| Nov 2, 2025 | 24.84% |
| Jul 27, 2025 | 21.19% |
| Apr 27, 2025 | 23.06% |
| Jan 26, 2025 | 3.02% |
| Oct 27, 2024 | 16.39% |
| Jul 28, 2024 | 26.54% |
| Apr 28, 2024 | 24.09% |
| Jan 28, 2024 | 21.17% |
| Oct 29, 2023 | 23.01% |
| Jul 30, 2023 | 17.64% |
| Apr 30, 2023 | 25.75% |
| Jan 29, 2023 | 21.54% |
| Oct 30, 2022 | 22.29% |
| Jul 31, 2022 | 25.76% |
| May 1, 2022 | 18.06% |
| Jan 30, 2022 | 21.72% |
| Oct 31, 2021 | 20.46% |
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_KEY
import 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();