Operating Income for Deere & Company (DE)
According to Deere & Company's latest reported financial statements, the company's current operating income (TTM) is $7.16B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$7.16B
YoY change
-26.3%
5Y CAGR
+14.0%
Peak year (2023)
$14.59B
Cumulative operating income
$128.73B
Operating Income history chart for Deere & Company (DE) from 1985 to 2025
Operating Income history table for Deere & Company (DE) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $8.42B | -26.3% | ||
| 2024 | $11.43B | -21.7% | ||
| 2023 | $14.59B | +61.7% | ||
| 2022 | $9.03B | +17.8% | ||
| 2021 | $7.66B | +75.4% | ||
| 2020 | $4.37B | -9.6% | ||
| 2019 | $4.83B | +10.5% | ||
| 2018 | $4.38B | +49.2% | ||
| 2017 | $2.93B | +30.7% | ||
| 2016 | $2.24B | -18.6% | ||
| 2015 | $2.75B | -40.6% | ||
| 2014 | $4.64B | -16.3% | ||
| 2013 | $5.54B | +14.5% | ||
| 2012 | $4.84B | +11.1% | ||
| 2011 | $4.36B | +34.9% | ||
| 2010 | $3.23B | +73.0% | ||
| 2009 | $1.87B | -49.5% | ||
| 2008 | $3.70B | +11.6% | ||
| 2007 | $3.31B | +17.8% | ||
| 2006 | $2.81B | -2.0% | ||
| 2005 | $2.87B | +6.5% | ||
| 2004 | $2.69B | +68.3% | ||
| 2003 | $1.60B | +29.0% | ||
| 2002 | $1.24B | +67.3% | ||
| 2001 | $740.90M | -65.6% | ||
| 2000 | $2.15B | +211.0% | ||
| 1999 | $692.50M | -63.2% | ||
| 1998 | $1.88B | +7.3% | ||
| 1997 | $1.76B | +15.4% | ||
| 1996 | $1.52B | +15.9% | ||
| 1995 | $1.31B | +13.1% | ||
| 1994 | $1.16B | +68.5% | ||
| 1993 | $688.90M | +61.4% | ||
| 1992 | $426.90M | -27.0% | ||
| 1991 | $584.70M | -40.9% | ||
| 1990 | $989.30M | -2567.1% | ||
| 1989 | -$40.10M | -114.0% | ||
| 1988 | $287.00M | -221.9% | ||
| 1987 | -$235.40M | -51.7% | ||
| 1986 | -$487.30M | +1833.7% | ||
| 1985 | -$25.20M | — |
Operating Income 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
As of the 2025 fiscal year, Deere & Company (DE) reported operating income of $8.42B – declined 26.3% year-over-year.
Over 2020–2025 (5 years), Deere & Company operating income expanded at a +14.0% compound annual rate, with the latest reading among the more recent periods of the dataset.
Deere & Company operating income peaked at $14.59B in 2023; the latest annual figure is $8.42B in 2025 (42.3% below peak).
2023 marks the peak operating income at $14.59B, with the historical low of -$487.30M recorded in 1986.
Within Industrials, Deere & Company (DE) ranks 5th among 8 peers we track. The peer median for operating income is $7.67B.
Deere & Company Operating Income by Year
Deere & Company Operating Income 2025: $8.42B
Deere & Company operating income in 2025 was $8.42B, declined 26.3% below 2024.
Deere & Company Operating Income 2024: $11.43B
Deere & Company operating income in 2024 was $11.43B, declined 21.7% below 2023.
Deere & Company Operating Income 2023: $14.59B
Deere & Company operating income in 2023 was $14.59B, surged 61.7% from 2022. This figure represents the highest annual value in the available history.
Deere & Company Operating Income 2022: $9.03B
Deere & Company operating income in 2022 was $9.03B, grew 17.8% from 2021.
Deere & Company Operating Income 2021: $7.66B
Deere & Company operating income in 2021 was $7.66B.
See more financial history for Deere & Company (DE).
Sector peers — Operating Income
Companies in the same sector as Deere & Company, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| Parker-Hannifin Corporation (PH) | $4.06B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Deere & Company's operating income?
- Latest reported operating income for Deere & Company (DE) is $7.16B (period ending February 1, 2026).
How has Deere & Company operating income changed year-over-year?
- Deere & Company (DE) operating income changed -26.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Deere & Company operating income?
- Deere & Company (DE) operating income compound annual growth rate is +14.0% over the most recent 5 years available.
When did Deere & Company operating income hit its highest annual value?
- Deere & Company operating income reached its highest annual value of $14.59B in 2023.
What was Deere & Company operating income in 2024?
- Deere & Company (DE) operating income in 2024 was $11.43B.
What was Deere & Company operating income in 2025?
- Deere & Company (DE) operating income in 2025 was $8.42B.
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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