How does Deere & Company (DE) make money?

Deere & Company (DE) primarily makes money through Production & Precision Ag (PPA), which accounts for 35.3% 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.

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

Deere & Company (DE) generated $43.10B in revenue, earning $3.67B in net profit (8.5% margin). Its largest revenue source is Production & Precision Ag (PPA) (35.3% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Deere & Company (DE) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending February 1, 2026 (reported February 26, 2026).

Frequently asked questions

How does Deere & Company (DE) make money?: Deere & Company (DE) primarily makes money through Production & Precision Ag (PPA), which accounts for 35.3% 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.

Data & methodology

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 use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. 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.