TTM
35.1%
YoY change
−2.11pp
Trough year (1986)
13.7%
Peak year (2024)
38.6%
Latest annual
36.5%
Gross Margin history chart for Deere & Company (DE) from 1985 to 2025
Latest: 36.5%
Gross Margin change chart for Deere & Company (DE) from 1985 to 2025
Latest: −2.11pp
Gross Margin history table for Deere & Company (DE) from 1985 to 2025
| 2025 | 36.5% | -2.11pp | ||
| 2024 | 38.6% | +1.57pp | ||
| 2023 | 37.0% | +6.35pp | ||
| 2022 | 30.7% | -1.20pp | ||
| 2021 | 31.9% | +0.60pp | ||
| 2020 | 31.3% | +1.67pp | ||
| 2019 | 29.6% | +0.31pp | ||
| 2018 | 29.3% | -0.71pp | ||
| 2017 | 30.0% | +0.88pp | ||
| 2016 | 29.1% | +1.22pp | ||
| 2015 | 27.9% | -1.38pp | ||
| 2014 | 29.3% | -1.18pp | ||
| 2013 | 30.5% | +1.28pp | ||
| 2012 | 29.2% | -0.63pp | ||
| 2011 | 29.8% | -0.92pp | ||
| 2010 | 30.7% | +3.49pp | ||
| 2009 | 27.2% | -1.48pp | ||
| 2008 | 28.7% | -1.20pp | ||
| 2007 | 29.9% | +1.77pp | ||
| 2006 | 28.1% | -0.23pp | ||
| 2005 | 28.4% | -0.91pp | ||
| 2004 | 29.3% | +1.94pp | ||
| 2003 | 27.3% | -0.17pp | ||
| 2002 | 27.5% | +1.62pp | ||
| 2001 | 25.9% | -6.09pp | ||
| 2000 | 32.0% | +0.55pp | ||
| 1999 | 31.4% | -2.58pp | ||
| 1998 | 34.0% | -0.92pp | ||
| 1997 | 34.9% | +0.12pp | ||
| 1996 | 34.8% | +0.98pp | ||
| 1995 | 33.8% | -1.60pp | ||
| 1994 | 35.4% | +2.44pp | ||
| 1993 | 33.0% | +0.56pp | ||
| 1992 | 32.4% | -0.51pp | ||
| 1991 | 33.0% | -0.04pp | ||
| 1990 | 33.0% | +10.51pp | ||
| 1989 | 22.5% | +0.39pp | ||
| 1988 | 22.1% | +5.55pp | ||
| 1987 | 16.6% | +2.85pp | ||
| 1986 | 13.7% | -8.45pp | ||
| 1985 | 22.2% | — |
- 202536.5%-2.11pp
- 202438.6%+1.57pp
- 202337.0%+6.35pp
- 202230.7%-1.20pp
- 202131.9%+0.60pp
- 202031.3%+1.67pp
- 201929.6%+0.31pp
- 201829.3%-0.71pp
- 201730.0%+0.88pp
- 201629.1%+1.22pp
- 201527.9%-1.38pp
- 201429.3%-1.18pp
- 201330.5%+1.28pp
- 201229.2%-0.63pp
- 201129.8%-0.92pp
- 201030.7%+3.49pp
- 200927.2%-1.48pp
- 200828.7%-1.20pp
- 200729.9%+1.77pp
- 200628.1%-0.23pp
- 200528.4%-0.91pp
- 200429.3%+1.94pp
- 200327.3%-0.17pp
- 200227.5%+1.62pp
- 200125.9%-6.09pp
- 200032.0%+0.55pp
- 199931.4%-2.58pp
- 199834.0%-0.92pp
- 199734.9%+0.12pp
- 199634.8%+0.98pp
- 199533.8%-1.60pp
- 199435.4%+2.44pp
- 199333.0%+0.56pp
- 199232.4%-0.51pp
- 199133.0%-0.04pp
- 199033.0%+10.51pp
- 198922.5%+0.39pp
- 198822.1%+5.55pp
- 198716.6%+2.85pp
- 198613.7%-8.45pp
- 198522.2%—
Gross Margin values are taken from Deere & Company's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Deere & Company (DE)
According to Deere & Company's latest reported financial statements, the company's latest reported gross margin is 35.1%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Deere & Company (DE) reported gross margin of 36.48% – contracted 2.1 percentage points year-over-year.
38.59% stands as the all-time-high annual gross margin, posted in 2024, against a low of 13.70% during 1986.
Deere & Company Gross Margin by Year
Deere & Company Gross Margin 2025: 36.5%
Deere & Company posted gross margin of 36.48% in 2025, contracted 2.1 percentage points from 2024.
Deere & Company Gross Margin 2024: 38.6%
In 2024, Deere & Company reported gross margin of 38.59%, expanded 1.6 percentage points from 2023. This figure represents the highest annual value in the available history.
Deere & Company Gross Margin 2023: 37.0%
Deere & Company gross margin in 2023 was 37.02%, expanded 6.4 percentage points from 2022.
Deere & Company Gross Margin 2022: 30.7%
2022's gross margin for Deere & Company came in at 30.67%, contracted 1.2 percentage points from 2021.
Deere & Company Gross Margin 2021: 31.9%
Deere & Company gross margin in 2021 was 31.87%.
See more financial history for Deere & Company (DE).
Sector peers by Gross Margin
Industrials peers of Deere & Company (DE), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 9.8% | |
| 4.8% |
- 45.7%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
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