How Deere & Company (DE) Makes Money: A Visual Guide

Deere & Company (DE) generated $43.10B in revenue (TTM through Q1 2026), earning $3.67B in net profit (8.5% margin). Its largest revenue source is Production & Precision Ag (PPA) (34% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Deere & Company (DE) Income Statement Flow

Frequently asked questions

How does Deere & Company (DE) make money?

Deere & Company (DE) primarily makes money through Production & Precision Ag (PPA), which accounts for 34% of total revenue. For TTM through Q1 2026, Deere & Company generated $43.10B in total revenue with a net profit margin of 8.5%.

What is Deere & Company (DE) gross profit margin?

Deere & Company (DE) reported a gross profit margin of 34.4% for TTM through Q1 2026, equivalent to $14.81B in gross profit. This means Deere & Company retains 34.4% of each revenue unit after direct costs of production.

What is Deere & Company (DE) operating profit margin?

Deere & Company (DE) reported an operating profit margin of 16.6% for TTM through Q1 2026, equivalent to $7.16B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Deere & Company (DE) net profit margin?

Deere & Company (DE) reported a net profit margin of 8.5% for TTM through Q1 2026, equivalent to $3.67B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Deere & Company (DE) invest in R&D?

Deere & Company (DE) invested $2.35B in research and development in TTM through Q1 2026 (5.4% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does Deere & Company (DE) spend on capital expenditures?

Deere & Company (DE) spent $3.79B on capital expenditures in TTM through Q1 2026 (8.8% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Deere & Company (DE) free cash flow?

Deere & Company (DE) generated $1.32B in free cash flow for TTM through Q1 2026 (3.1% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Deere & Company (DE) effective tax rate?

Deere & Company (DE) had an effective tax rate of 23.1% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

About this data

What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
Based on company filings through TTM through Q1 2026.