Gross Profit for Deere & Company (DE)
According to Deere & Company's latest reported financial statements, the company's current gross profit (TTM) is $14.81B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$14.81B
YoY change
-16.4%
5Y CAGR
+8.5%
Peak year (2023)
$22.31B
Cumulative gross profit
$285.65B
Gross Profit history chart for Deere & Company (DE) from 1985 to 2025
Gross Profit history table for Deere & Company (DE) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $16.30B | -16.4% | ||
| 2024 | $19.50B | -12.6% | ||
| 2023 | $22.31B | +41.8% | ||
| 2022 | $15.73B | +14.7% | ||
| 2021 | $13.71B | +26.3% | ||
| 2020 | $10.86B | -4.4% | ||
| 2019 | $11.36B | +6.4% | ||
| 2018 | $10.68B | +24.4% | ||
| 2017 | $8.58B | +13.8% | ||
| 2016 | $7.54B | -4.0% | ||
| 2015 | $7.85B | -23.9% | ||
| 2014 | $10.32B | -8.7% | ||
| 2013 | $11.30B | +9.2% | ||
| 2012 | $10.35B | +10.7% | ||
| 2011 | $9.35B | +19.9% | ||
| 2010 | $7.80B | +26.8% | ||
| 2009 | $6.15B | -23.1% | ||
| 2008 | $8.00B | +13.6% | ||
| 2007 | $7.04B | +15.5% | ||
| 2006 | $6.10B | +1.4% | ||
| 2005 | $6.01B | +6.9% | ||
| 2004 | $5.62B | +32.4% | ||
| 2003 | $4.25B | +10.7% | ||
| 2002 | $3.84B | +11.5% | ||
| 2001 | $3.44B | -18.1% | ||
| 2000 | $4.20B | +16.0% | ||
| 1999 | $3.62B | -21.9% | ||
| 1998 | $4.63B | +5.1% | ||
| 1997 | $4.41B | +14.4% | ||
| 1996 | $3.85B | +12.5% | ||
| 1995 | $3.42B | +7.7% | ||
| 1994 | $3.18B | +25.2% | ||
| 1993 | $2.54B | +12.9% | ||
| 1992 | $2.25B | -3.0% | ||
| 1991 | $2.32B | -10.5% | ||
| 1990 | $2.59B | +84.7% | ||
| 1989 | $1.40B | +18.2% | ||
| 1988 | $1.19B | +73.2% | ||
| 1987 | $684.40M | +42.0% | ||
| 1986 | $481.90M | -46.4% | ||
| 1985 | $899.80M | — |
Gross Profit values are taken from Deere & Company's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Deere & Company (DE) gross profit totalled $16.30B – declined 16.4% year-over-year.
Through 2020–2025 (5 years), Deere & Company gross profit delivered a +8.5% annualised rate; with the latest reading among the more recent periods of the dataset.
Deere & Company gross profit peaked at $22.31B in 2023; the latest annual figure is $16.30B in 2025 (26.9% below peak).
2023 marks the peak gross profit at $22.31B, with the historical low of $481.90M recorded in 1986.
Among 8 Industrials peers, Deere & Company (DE) ranks 4th; the peer median for gross profit is $14.19B.
Deere & Company Gross Profit by Year
Deere & Company Gross Profit 2025: $16.30B
Deere & Company gross profit in 2025 was $16.30B, declined 16.4% below 2024.
Deere & Company Gross Profit 2024: $19.50B
Deere & Company gross profit in 2024 was $19.50B, declined 12.6% below 2023.
Deere & Company Gross Profit 2023: $22.31B
Deere & Company gross profit in 2023 was $22.31B, surged 41.8% from 2022. This figure represents the highest annual value in the available history.
Deere & Company Gross Profit 2022: $15.73B
Deere & Company gross profit in 2022 was $15.73B, grew 14.7% from 2021.
Deere & Company Gross Profit 2021: $13.71B
Deere & Company gross profit in 2021 was $13.71B.
See more financial history for Deere & Company (DE).
Sector peers — Gross Profit
Companies in the same sector as Deere & Company, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $21.86B | Industrials |
| RTX Corporation (RTX) | $17.79B | Industrials |
| GE Aerospace (GE) | $16.89B | Industrials |
| Union Pacific Corporation (UNP) | $14.55B | Industrials |
| Honeywell International Inc. (HON) | $13.83B | Industrials |
| Eaton Corporation plc (ETN) | $10.32B | Industrials |
| Parker-Hannifin Corporation (PH) | $7.32B | Industrials |
| The Boeing Company (BA) | $4.29B | Industrials |
Frequently asked questions
What is Deere & Company's gross profit?
- Latest reported gross profit for Deere & Company (DE) is $14.81B (period ending February 1, 2026).
How has Deere & Company gross profit changed year-over-year?
- Deere & Company (DE) gross profit changed -16.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Deere & Company gross profit?
- Deere & Company (DE) gross profit compound annual growth rate is +8.5% over the most recent 5 years available.
When did Deere & Company gross profit hit its highest annual value?
- Deere & Company gross profit reached its highest annual value of $22.31B in 2023.
What was Deere & Company gross profit in 2024?
- Deere & Company (DE) gross profit in 2024 was $19.50B.
What was Deere & Company gross profit in 2025?
- Deere & Company (DE) gross profit in 2025 was $16.30B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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