DE on NYSE

Deere & Company

Logo: John Deere, Public domain, via Wikimedia Commons6

American agricultural and industrial auto manufacturing corporation

Deere & Company (doing business as John Deere), is an American corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines, drivetrains (axles, transmissions, gearboxes) used in heavy equipment and lawn care equipment. It also provides financial services and other related activities. Deere & Company is listed on the New York Stock Exchange under the symbol DE.3 Its chief executive is John May (since 2019).1 It employed about 67,000 people in 2013.1 Its revenue was $51.7 billion in 2024.1 Wikipedia text CC BY-SA 4.0

$640.95 down 9.72 (1.49%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

$45.7BRevenue, fiscal 20257
$5.0BNet income, fiscal 20257
1868Founded1

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  • TickerDE on NYSE1
  • Industrymanufacture of machinery and equipment1
  • HeadquartersMoline1
  • Founded inGrand Detour1
  • Websitewww.deere.com
  • Legal formDelaware corporation, public company1
  • Incorporated inDE8
  • Business addressOne John Deere Place, Moline, Il 61265-80988
  • Filer categoryLarge accelerated filer8
  • LEIPWFTNG3EI0Y73OXWDH084
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 5229094
Mannheim - John Deere
Photo: Radosław Drożdżewski (Zwiadowca21), CC BY-SA 3.0, via Wikimedia Commons17

Deere & Company (doing business as John Deere), is an American corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines, drivetrains (axles, transmissions, gearboxes) used in heavy equipment and lawn care equipment. It also provides financial services and other related activities.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

11.0%Net margin7
-11.7%Revenue growth, 20257
19.4%Return on equity7
$6.1BFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Production Agriculture brought in 38% of the revenue Deere & Company broke down this way in fiscal 2025.

  1. Production Agriculture$17.0B738%down 18% from 2024
  2. Small Agriculture$7.2B716%down 6% from 2024
  3. Financial Service$5.5B712%down 1% from 2024
  4. Construction Equipment$4.6B710%down 17% from 2024
  5. Roadbuilding$3.6B78%down 2% from 2024
  6. Turf$2.7B76%down 10% from 2024
  7. Compact Construction Equipment$1.9B74%down 22% from 2024
  8. Forestry$1.1B73%up 1% from 2024
  9. Other$1.0B72%down 11% from 2024
Products and services by year
Products and services202320242025
Production Agriculture$26.4B$20.6B$17.0B
Small Agriculture$10.1B$7.7B$7.2B
Financial Service$4.4B$5.5B$5.5B
Construction Equipment$6.8B$5.5B$4.6B
Roadbuilding$3.8B$3.6B$3.6B
Turf$3.5B$3.0B$2.7B
Compact Construction Equipment$2.5B$2.5B$1.9B
Forestry$1.4B$1.1B$1.1B
Other$1.0B$1.1B$1.0B

Business segments

Production and Precision Agriculture brought in 38% of the revenue Deere & Company broke down this way in fiscal 2025.

  1. Production and Precision Agriculture$17.7B738%down 17% from 2024
  2. Construction and Forestry$11.6B725%down 12% from 2024
  3. Small Agriculture and Turf$10.4B723%down 7% from 2024
  4. Financial Services$6.3B714%down 3% from 2024
Business segments by year
Business segments202320242025
Production and Precision Agriculture$27.3B$21.4B$17.7B
Construction and Forestry$15.0B$13.2B$11.6B
Small Agriculture and Turf$14.2B$11.2B$10.4B
Financial Services$5.6B$6.5B$6.3B

Regions

United States brought in 52% of the revenue Deere & Company broke down this way in fiscal 2025.

  1. United States$24.0B752%down 21% from 2024
  2. Western Europe$6.5B714%up 6% from 2024
  3. Latin America$5.6B712%up 1% from 2024
  4. Asia, Africa, Oceania, and Middle East$4.2B79%down 3% from 2024
  5. CAMember$3.7B78%down 4% from 2024
  6. Central Europe and Commonwealth of Independent States$1.6B73%up 6% from 2024
Regions by year
Regions202320242025
United States$34.1B$30.2B$24.0B
Western Europe$7.3B$6.2B$6.5B
Latin America$8.2B$5.5B$5.6B
Asia, Africa, Oceania, and Middle East$5.2B$4.4B$4.2B
CAMember$4.3B$3.9B$3.7B
Central Europe and Commonwealth of Independent States$2.1B$1.5B$1.6B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development5¢$2.3B
  • Selling, general and admin10¢$4.7B
  • Other costs64¢$29.3B
  • Interest7¢$3.2B
  • Income tax3¢$1.3B
  • Profit11¢$5.0B

Out of $45.7B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending18¢$1.4B
  • Dividends paid23¢$1.7B
  • Share buybacks15¢$1.1B
  • Kept or used elsewhere43¢$3.2B

Out of $7.5B of cash from operations.7

Financial statements

Revenue18192021227$45.7B in 2025+22% since 2018
0$20.0B$40.0B$60.0B$80.0B2018: $37.4B$37.4B20182019: $39.3B$39.3B2019+5%2020: $35.5B$35.5B2020−9%2021: $44.0B$44.0B2021+24%2022: $52.6B$52.6B2022+19%2023: $61.3B$61.3B2023+16%2024: $51.7B$51.7B2024−16%2025: $45.7B$45.7B2025−12%
Operating income1819202122$9.0B in 2024+102% since 2018
0$5.0B$10.0B$15.0B2018: $4.5B$4.5B20182019: $4.4B$4.4B2019−1%2020: $4.3B$4.3B2020−2%2021: $8.0B$8.0B2021+86%2022: $9.5B$9.5B2022+19%2023: $13.0B$13.0B2023+36%2024: $9.0B$9.0B2024−30%
Net income18192021227$5.0B in 2025+112% since 2018
0$5.0B$10.0B$15.0B2018: $2.4B$2.4B20182019: $3.3B$3.3B2019+37%2020: $2.8B$2.8B2020−15%2021: $6.0B$6.0B2021+117%2022: $7.1B$7.1B2022+20%2023: $10.2B$10.2B2023+43%2024: $7.1B$7.1B2024−30%2025: $5.0B$5.0B2025−29%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-10-312024-10-312023-10-31
Net sales and revenues$45.7B$51.7B$61.3B
Research and development expenses$2.3B$2.3B$2.2B
Selling, administrative and general expenses$4.7B$4.8B$4.6B
Interest expense$3.2B$3.3B$2.5B
Other operating expenses$1.1B$1.3B$1.3B
Total$39.4B$42.5B$48.2B
Income of Consolidated Group before Income Taxes$6.3B$9.2B$13.0B
Provision for income taxes$1.3B$2.1B$2.9B
Income of Consolidated Group$5.0B$7.1B$10.1B
Equity in income (loss) of unconsolidated affiliates-$24.0M$7.0M
Net Income$5.0B$7.1B$10.2B
Less: Net loss attributable to noncontrolling interests-$29.0M-$12.0M-$11.0M
Net Income Attributable to Deere & Company$5.0B$7.1B$10.2B
Basic (in dollars per share)$18.55$25.73$34.80
Diluted (in dollars per share)$18.50$25.62$34.63
Dividends declared (in dollars per share)$6.48$5.88$5.05
Dividends paid (in dollars per share)$6.33$5.76$4.83
Basic (in shares)270.9M shares276.0M shares292.2M shares
Diluted (in shares)271.7M shares277.1M shares293.6M shares

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Corporate structure

Deere & Company sits at the top of its group. 49 entities, 18 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Deere & Company

  • Deere & Company Moline, Illinois, United States
    • Hamm AG Tirschenreuth, Germany
    • Joseph Vögele Ludwigshafen, Germany
    • John Deere (Germany) Subsidiary · Stadtlohn, Germany
    • John Deere (New Zealand) Subsidiary · Wellington, New Zealand
    • Banco John Deere S.A. Subsidiary · Brazil
    • JOHN DEERE ASIA (SINGAPORE) PRIVATE LIMITED Subsidiary · Singapore, Singapore
      • JOHN DEERE (PTY) LIMITED Subsidiary · Boksburg, South Africa
      • JOHN DEERE INDIA PRIVATE LIMITED Subsidiary · Pune, India
        • WIRTGEN INDIA PRIVATE LIMITED Subsidiary · Pune, India
      • JOHN DEERE ASIA (SINGAPORE) Branch · Singapore, Singapore
    • John Deere Brasil LTDA. Subsidiary · Brazil
    • JOHN DEERE CANADA GROUP HOLDINGS ULC Subsidiary · Calgary, Alberta, Canada
      • JOHN DEERE FINANCIAL INC. Subsidiary · Grimsby, Ontario, Canada
    • JOHN DEERE CANADA ULC Subsidiary · Calgary, Alberta, Canada
    • John Deere Capital Corporation Subsidiary · Delaware, United States
    • John Deere Cash Management Subsidiary · Senningerberg, Luxembourg
    • John Deere company archives Mannheim Subsidiary · Mannheim, Germany
    • John Deere Construction & Forestry Company Subsidiary · Delaware, United States
    • John Deere Financial Inc. Subsidiary · Canada
    • John Deere Financial India Private Limited Subsidiary · India
    • JOHN DEERE FINANCIAL SERVICES, INC. Subsidiary · Wilmington, Delaware, United States
    • John Deere Forestry AB (Sweden) Subsidiary · Sweden
    • John Deere Forestry Oy Subsidiary · Tampere, Finland
    • JOHN DEERE GMBH & CO. KG Subsidiary · Mannheim, Germany
      • JOHN DEERE WALLDORF GMBH & CO. KG Subsidiary · Walldorf, Germany
        • JOHN DEERE WALLDORF INTERNATIONAL GMBH Subsidiary · Walldorf, Germany
    • John Deere India Private Limited Subsidiary · India
    • John Deere Italiana S.r.l. (Italy) Subsidiary · Italy
    • John Deere Kernersville LLC Subsidiary · Delaware, United States
    • JOHN DEERE LIMITED Subsidiary · Crestmead, Australia
    • JOHN DEERE LIMITED Subsidiary · Edinburgh, United Kingdom
    • JOHN DEERE MAKİNALARI LİMİTED ŞİRKETİ Subsidiary · Maltepe, Turkey
    • and 13 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Deere & Company reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Finance-lease assets$96.0M7 Nov 2, 2025$89.0M7 Oct 27, 2024+7.9%
Operating-lease assets (leased space)$317.0M7 Nov 2, 2025$274.0M7 Oct 27, 2024+15.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$8.3B7 Nov 2, 2025$7.3B7 Oct 27, 2024+13.0%
Stakes in other companies (equity method)$510.0M7 Nov 2, 2025$122.0M7 Oct 27, 2024+318.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$4.2B7 Nov 2, 2025$4.0B7 Oct 27, 2024+5.8%
Finite-lived intangibles, gross$2.0B7 Nov 2, 2025$1.9B7 Oct 27, 2024+3.6%
Accumulated amortization$1.1B7 Nov 2, 2025$932.0M7 Oct 27, 2024+18.9%
Finite-lived intangibles, net$892.0M7 Nov 2, 2025$999.0M7 Oct 27, 2024−10.7%

Inventory

ItemLatestA year beforeChange
Inventory, total$7.4B7 Nov 2, 2025$7.1B7 Oct 27, 2024+4.4%
Work in process$956.0M7 Nov 2, 2025$930.0M7 Oct 27, 2024+2.8%
Finished goods$5.8B7 Nov 2, 2025$5.4B7 Oct 27, 2024+7.6%

Properties, in its own words

We own and lease properties throughout the world. Our properties are primarily used for manufacturing, marketing, parts distribution and warehousing, research and development, and administration. We consider each of our properties to be in good condition and adequate for its present use. We believe that we have sufficient capacity to meet our current and anticipated manufacturing requirements.

In the U.S. and Canada, the equipment operations own and operate 23 factory locations and lease and operate four locations for manufacturing purposes, as well as own and lease 12 facilities for distribution purposes. Outside the U.S. and Canada, the equipment operations own or lease and operate 45 factory locations for manufacturing purposes and 13 facilities for distribution purposes in various countries. Certain manufacturing facilities focus on manufacturing for one business segment and others for multiple business segments. We have parts distribution depots in our four geographic regions with the largest distribution depots located in the U.S.

The rest of Item 2

The following table provides an overview of our significant manufacturing properties and the related business segment as of November 2, 2025.

Location · Facility · Business Segment

Augusta, Georgia · John Deere Augusta Works Factory · SAT

Catalão, Brazil · John Deere Brasil Ltda (Catalão) Factory · PPA

Davenport, Iowa · John Deere Davenport Works Factory · CF

Des Moines, Iowa · John Deere Des Moines Works Factory · PPA

Dubuque, Iowa · John Deere Dubuque Works Factory · CF

East Moline, Illinois · John Deere Harvester Works Factory · PPA

Joensuu, Finland · Finland Forestry Factory · CF

Fuquay, North Carolina · John Deere Turf Care Factory · SAT

Getafae, Spain · John Deere Iberica, S.A. · PPA, CF, SAT

Göppingen, Germany · Kleemann GmbH · CF

Greeneville, Tennessee · John Deere Greeneville Factory · SAT

Horicon, Wisconsin · John Deere Horicon Works Factory · SAT

Horizontina, Brazil · John Deere Brazil SA Factory · PPA

Indaiatuba, Brazil · Brazil Construction Factory · CF

Kernersville, North Carolina · John Deere Kernersville Factory · CF

Ludwigshafen am Rhein, Germany · Vögele AG · CF

Mannheim, Germany · John Deere Werke Mannheim Factory · SAT, PPA

Montenegro, Brazil · John Deere Brazil Ltda Factory · PPA

Monterrey, Mexico · Industrias John Deere SA de CV Factory · SAT, PPA, CF

Pune, India · John Deere Pune Works Factory · SAT

Saran, France · Saran Engine Factory · SAT, PPA, CF

Tirschenreuth, Germany · Hamm AG · CF

Torréon, Mexico · Torréon Engine Factory · PPA, SAT, CF

Waterloo, Iowa · John Deere Engine Works John Deere Waterloo FoundryJohn Deere Waterloo Works · PPA, CF

Windhagen, Germany · Wirtgen GmbH · CF

Zweibrücken, Germany · John Deere Werke Zweibrücken Factory · PPA, SAT

Item 2 of the 10-K filed Dec 18, 2025.27

Stakes and holdings (Wikidata)

  • John Deere
  • John Deere House and Shop

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by John Deere in 1868, in Grand Detour.1

19th century

In 1836 Deere & Company began when John Deere, born in Rutland, Vermont, United States, on February 7, 1804, moved to Grand Detour, Illinois to escape bankruptcy in Vermont. Already an established blacksmith, Deere opened a 1,378-square-foot (128 m2) shop in Grand Detour in 1837, which allowed him to serve as a general repairman in the village, and a manufacturer of tools such as pitchforks and shovels. An item that set him apart was the self-scouring steel plow, which was pioneered in 1837 when John Deere fashioned a Scottish steel saw blade into a plow.

Prior to Deere's steel plow, most farmers used iron or wooden plows to which the rich Midwestern soil stuck, so they had to be cleaned frequently. Deere created a highly polished steel surface that allowed the soil to slide easily. This tool addressed the difficulty of tilling the Prairie State's soil and greatly aided migration into the American Great Plains in the 19th and early 20th centuries.

In early 1843, Deere entered a business partnership with Leonard Andrus and purchased land for the construction of a new, two-story factory along the Rock River in Illinois. It used water power to operate machineries. This factory, named the "L. Andrus Plough Manufacturer", produced about 100 plows in 1842, and around 400 plows during the next year. Deere's partnership with Andrus ended in 1848, and Deere relocated to Moline, Illinois, to have access to the railroad and the Mississippi River. There, Deere formed a partnership with Robert Tate and built a 1,440-square-foot (134 m2) factory the same year. John Gould was later brought in to manage the accounts. Production rose quickly, and by 1849, the Deere, Tate & Gould Company was producing over 200 plows a month. A two-story addition to the plant was built, allowing further production.

Deere bought out Tate and Gould's interests in the company in 1853, and was joined in the business by his son Charles Deere. At that time, the company was manufacturing a variety of farm equipment products in addition to plows, including wagons, corn planters, and cultivators. In 1857, the company's production totals reached almost 1,120 implements per month. In 1858, a nationwide financial recession took a toll on the company. During this period, the company announced its work on a steam engine that will pull its plow but the product did not materialize. To prevent bankruptcy, the company was reorganized and Deere turned over his interests in the business to his son-in-law, Christopher Webber, and his son, Charles Deere, who would take on most of his father's managerial roles. John Deere served as president of the company until his retirement in April 1886, but died one month later in May 1886 in Moline, Illinois. The company was reorganized again in 1868 when it was incorporated as Deere & Company. While the company's original stockholders were Charles Deere, Stephen Velie, George Vinton, and John Deere, Charles effectively ran the company. In 1869, Charles began to introduce marketing centers and independent retail dealers to advance the company's sales nationwide. This same year, Deere & Company won "Best and Greatest Display of Plows in Variety" at the 17th Annual Illinois State Fair, for which it won $10 and a silver medal.

The core focus remained on the agricultural implements, but John Deere also made a few bicycles in the 1890s.

20th century

Increased competition during the early 1900s from the new International Harvester Company led the company to expand its offerings in the implement business, but the production of gasoline tractors came to define Deere & Company's operations during the 20th century.

In 1912, Deere & Company president William Butterworth (Charles' son-in-law), who had replaced Charles Deere after his death in 1907, began the company's expansion into the tractor business. Deere & Company briefly experimented with its own tractor models, the most successful of which was the Dain All-Wheel-Drive, but in the end decided to continue its foray into the tractor business by purchasing the Waterloo Gasoline Engine Company in 1918, which manufactured the popular Waterloo Boy tractor at its facilities in Waterloo, Iowa. Deere & Company continued to sell tractors under the Waterloo Boy name until 1923, when the John Deere Model D was introduced. The company continues to manufacture a large percentage of its tractors in Waterloo, Iowa, namely the 7R, 8R, and 9R series.

The company produced its first combine harvester, the John Deere No. 2, in 1927. This featured improvements and modifications to Model D such as higher power level due to increased cylinder bore. A year later, this innovation was followed up by the introduction of John Deere No. 1, a smaller machine that was more popular with customers. By 1929, the No. 1 and No. 2 were replaced by newer, lighter-weight harvesters. In the 1930s, John Deere and other farm equipment manufacturers began developing hillside harvesting technology. Harvesters now had the ability to effectively use their combines to harvest grain on hillsides with up to a 50% slope gradient.

Read the full text

On an episode of the Travel Channel series Made in America that profiled Deere & Company, host John Ratzenberger stated that the company never repossessed any equipment from American farmers during the Great Depression.

During World War II, the great-grandson of John Deere, Charles Deere Wiman, was president of the company, but he accepted a commission as a colonel in the U.S. Army. Burton F. Peek was hired as president during this period. Before Wiman returned to work at the company in late 1944, he directed the farm machinery and equipment division of the War Production Board. In addition to farm machinery, John Deere manufactured military tractors, and transmissions for the M3 tank. They also made aircraft parts, ammunition, and mobile laundry units to support the war effort.

In 1947, John Deere introduced its first self-propelled combine, model 55. It was soon followed by the smaller models 40 and 45, the larger model 95, and an even larger model 105 was introduced in the 1960s. In the mid-1950s, Deere introduced an attachable corn head, allowing corn producers to use their combine to pick, shell, and clean corn in one smooth operation.

In 1956, Deere & Company bought-out the German tractor manufacturer, Heinrich Lanz AG (see Lanz Bulldog).

In the last months of 1958, John Deere constructed a factory in northern Rosario, Argentina. In Argentina, the make was managed by Agar Cross & Co.

John Deere made the following models of tractors in Argentina: 445, 730; the models of the series 20 like 1420, 2420, 3420, 4420; the models of the serie 30 like 2330, 2530, 2730, 3330, 3530, 4530; the models of the serie 40 like 2140, 3140 / 3140 DT, 3440, 3540 and the last made in Baigorria of the serie 50 like 2850, 3350, 3550 until 1994.

Seventeen years later, (in 2011) the Argentinian plant returns the assembly of tractors with the following models: 5036C, 5045D (45 HP) Serie 5D, 5045E (45 HP) Serie 5E, 5065E (65 HP) Serie 5E, 5075E (75 HP) Serie 5E, 5425N (77 HP) Serie 5000, 5725 (92 HP) Serie 5025, 5725HC (92 HP) Serie 5025, 5090E, 5090EH, 5076EF, 6110J, 6130J, 6145J and 6165J.

Plus, in 2012, added in SKD/CKD format, the assembly of combine harvesters 9570 STS Serie 70, 9470 STS, 9670 STS and 9770 STS.

Also, with the green line, the Argentinian facility made some backhoe loaders and motor graders like 570 A/B, 544 A/B, 507, 308, 200 and the 627, 727 model tractors.

In 1960, John Deere first began selling the "10" series of tractors. John Deere announced them in an extravagant fashion, hosting a large event at the Dallas Memorial Auditorium and the Texas State Fairgrounds. Attendance was reported at 6000 guests. The 10 series used new four and six cylinder engines and were designed to be more ergonomic, and easier to service.

The 4010 was rated at 80 horsepower in 1960, but tested at 84 horsepower during testing trials, making it one of the most powerful two-wheel-drive farm tractors at that time. The 4010 was the predecessor to the 4020, which is widely regarded as the most popular tractor ever produced by John Deere, and perhaps any tractor manufacturer in the United States. Although the 4020, which was available with Deere's optional Power Shift, enjoyed greater popularity, the 4010 moved John Deere into the modern era of farm tractor technology and design following its successful history as a tractor manufacturer that was by the late 1950s experiencing waning market share due to its outdated technology.

In addition to the advanced engine technology, the "10" series tractors offered many other upgrades from the older two-cylinder models they replaced, including significantly higher horsepower-to-weight ratio, advanced hydraulics, more convenient and comfortable operator stations, and many other improvements. Of the "10" series John Deere tractors introduced in 1960, the 4010 was by far the most popular, with more than 58,000 units sold from 1960 to 1963. The success of the "10" series John Deere tractors, led by the 4010, helped propel John Deere from a 23% market share in 1959 to 34% by 1964 when the 4020 was introduced, making it the top manufacturer of farm equipment in the United States.

In 1972, Deere introduced its new Generation II 'Sound Idea Tractors', the 4030, 4230, 4430, and 4630. While these tractors were mechanically similar to the New Generation tractors they replaced, and the 4230, 4430, and 4630 used a 404-cubic-inch displacement engine like the 4020, they featured redesigned sheet metal and most importantly they were available with an optional completely integrated operator's cab that John Deere called the Sound Gard body. This insulated cab that included a roll-over protective structure had a distinctive rounded windshield and came equipped with heat and air conditioning, as well as speakers for an optional radio. An 8-track tape player was also available as an option. The 5020 was replaced by the very similar 6030 and continued in production with New Generation styling until 1977 when the 30 Series tractors were replaced by Deere's 'Iron Horses' series that included the 90-hp 4040, 110-hp 4240, 130-hp 4440, 150-HP 4640, and 180-hp 4840. The 4240, 4440, 4640, and 4840 featured a new 466-cubic-inch displacement engine, and improvements to the cab including an optional hydraulic seat for a smoother ride. The Sound Gard body and 8-speed Power Shift transmission were standard equipment on the 4840.

In 1983, Deere introduced the 4050, 4250, 4450, 4650, and 4850. These tractors were essentially the same machines as the Iron Horses they replaced, but with significant upgrades. They offered a new 15-speed PowerShift transmission and were available with an optional mechanical front-wheel drive featuring caster action for better traction and a tighter turning radius. They also featured cosmetic upgrades, including a new light brown cab interior, instead of the black interior on previous models. These tractors were followed in the late 80s by the mechanically similar 55 and 60 series tractors before they were replaced by Deere's completely redesigned 7000 and 8000 series tractors in the early 1990s.

In the 1962 Illinois Manufacturers Directory (50th-anniversary edition), John Deere, listed as Deere and Company, claimed a total workforce of 35,000, of which 9,000 were in Illinois. The corporate headquarters were located at 1325 Third Ave. in Moline, Illinois, with six manufacturing plants located around that city and a seventh plant in Hoopeston, Illinois. The six plants in Moline were listed as:

John Deere Harvester Works at 1100 13th Ave., East Moline, where 3,000 employees made agricultural implements

John Deere Industrial Equipment Works at 301 Third Ave., Moline, where 500 employees made earth-moving equipment

John Deere Malleable Works at 1335-13th Street, East Moline, where 600 employees made malleable and nodular iron castings

John Deere Planter Works at 501 Third Ave., Moline, where 1,000 employees made agricultural implements

John Deere Plow Works at 1225 Third Ave., Moline, where 1,100 employees made agricultural implements

John Deere Spreader Works at 1209-13th Ave., Moline where 800 employees made agricultural implements

The John Deere Vermilion Works was located at North Sixth Ave., Hoopeston, Illinois, where 140 employees were listed as making iron work and implement parts. Moline, with 42,705 residents in 1962, had the local 7,000 employees of John Deere represent 16% of the city's entire population.

In 1969, John Deere followed its New Generation tractors of the 1960s with a New Generation of combines. These included the 3300, 4400, 6600, and 7700. These models were also the first to come with Quik-Tatch header mounting capabilities as standard equipment. In the 1980s, these combines were followed by the 4420, 6620, 7720, and 8820 that were essentially updated and improved versions of the previous models with larger capacity, a better cab, and easier maintenance and service. The 4420 was discontinued in 1984 and replaced by the 4425 combines imported from Germany, and the 6620, 7720, and 8820 received the Titan II updates.

In 1989, Deere replaced the 6620, 7720, and 8820 with a new line of completely redesigned 'Maximizer' combines that included the 9400, 9500, and 9600 walker combines. These combines featured a center-mounted cab, rear-mounted engine, and more comforts in the cab. Also in 1989, Deere was inducted into the National Inventors Hall of Fame. In 1997, Deere celebrated 50 years of self-propelled combine production, and the 1997 models featured a 50th-anniversary decal. In 1998, the 9410, 9510, and 9610 were introduced. These were essentially the same machines, but with minor upgrades. Deere dealers offered '10 series' upgrades to owners of older 9000 series Maximizer combines. In 1999, Deere introduced the 50 series Maximizer combines. These machines featured significant cosmetic upgrades including a more streamlined appearance, improved ergonomics in the cab, PTO shaft-style header hook-up, and the larger models were available as rotary machines which were a complete departure from the combines that Deere had built in the past.

In the late 1970s, International Harvester had pioneered rotary combines with their Axial flow machines and were soon followed by other manufacturers, but Deere continued to build only conventional walker combines through the 1980s and 1990s. In 1999, John Deere introduced the Single-Tine Separation (STS) system on its 9550, 9650, and 9750 combines, representing a step forward in rotary combine technology. The STS system uses less horsepower and improves material handling.

21st century

In 2014, the Smithsonian Museum named John Deere's original plough design as one of the objects that changed American history.

As of 2018, Deere & Company employed about 67,000 people worldwide, of which half are in the United States and Canada, and is the largest agriculture machinery company in the world. In August 2014, the company announced it was indefinitely laying off 600 of its workers at plants in Illinois, Iowa, and Kansas due to less demand for its products. Inside the United States, the company's primary locations are its World Headquarters in Moline, Illinois, and manufacturing factories in central and southeastern United States. As of 2016, the company experiments with an electric farm tractor.

The logo of the leaping deer has been used by this company for over 155 years. Over the years, the logo has had minor changes and pieces removed. The "John Deere Moline, Ill." trademark (USPTO Serial No. 71055630), covering plows and a range of farm implements, was filed on April 8, 1911, and registered on September 10, 1912. Some of the older style logos have the deer leaping over a log. The company uses different logo colors for agricultural vs. construction products. The company's agricultural products are identifiable by a distinctive shade of green paint, with the inside border being yellow. By contrast, the construction products are identifiable by a shade of black with the deer being yellow, and the inside border also being yellow.

In September 2017, Deere & Company signed a definitive agreement to acquire Blue River Technology, which is based in Sunnyvale, California, and is applying machine learning to agriculture. Blue River has designed and integrated computer vision and machine learning technology that will enable growers to reduce the use of herbicides by spraying only where weeds are present.

In 2018, Deere and 90 Fortune 500 companies "paid an effective federal tax rate of 0% or less" as a result of Donald Trump's Tax Cuts and Jobs Act of 2017.

In August 2019, it was announced that Samuel R. Allen would step down as CEO and president of John Deere. John May, president of the Worldwide Agriculture and Turf and Integrated Solutions divisions replaced him in November 2019.

In October 2021, about 10,000 employees, unionized with the United Auto Workers, went on strike following an impasse in contract negotiations.

In January 2022, the company introduced a self-driving tractor at the annual Consumer Electronics Show, designed for large-scale farming as opposed to existing comparable tractors designed for small-scale agriculture. It was part of a larger effort to develop so-called smart machines to make farming faster and more efficient than it would be relying on human labor, including through software, which would mean higher margins. The company said it wanted to "connect 1.5 million machines in service and a half billion acres in use to its cloud-based John Deere Operations Center."

In June 2022, Deere announced it would cease production of its model 3710 moldboard plow but would continue to offer its model 995 reversible plow.

In July 2024, Deere announced it would lay off 600 employees in its Midwest facilities and is considering moving the production of some components to Mexico. Donald Trump said he would impose 200% tariffs on Mexican-made equipment. The company announced more layoffs in August 2025, citing economic factors and decreased demand.

From Wikipedia’s article on John Deere, shared under CC BY-SA 4.0.9

Leadership

Who has led Deere & Company, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (49)

Products and brands

  • backhoe
  • combine harvester
  • cotton picker
  • diesel engine
  • excavator
  • forage harvester
  • forwarder
  • grader
  • harvester
  • skid-steer loader
  • skidder
  • sugarcane harvester
  • telescopic handler
  • tractor

Listed on Wikidata.1

Non-serviceability by owners or third parties

Late model John Deere farm equipment has been criticized for being impossible to be serviced or repaired by owners or third parties. Only John Deere has access to computer code required for this and to accept non John-Deere replacement parts. Remote locking by the manufacturer may also be possible. This effectively makes the equipment unusable without the continued involvement of John Deere. It was reported that during the 2022 Russian invasion of Ukraine, Russian troops stole Ukrainian farm equipment and took it back to Russia, but that the dealers who owned the equipment locked it remotely.

John Deere's license covering the internal software on tractor control computers does not allow users or independent mechanics to modify the software. This prevents repairs by farmers and creates a monopoly for John Deere dealerships. John Deere claims user repair is forbidden by the Digital Millennium Copyright Act, through bypassing of digital rights management. Groups including the Electronic Frontier Foundation have criticised this activity, being contrary to the right to repair. Some farmers use Ukrainian versions of John Deere software to circumvent restrictions on repair. In February 2022, the US Senate introduced a bill to allow farmers to perform their own repairs. As of April 2022, right-to-repair bills had been introduced in 26 states.

In January 2023, John Deere signed a memorandum of understanding (MOU) with the American Farm Bureau Federation (AFBF) in which the company agreed to allow farmers and independent repair shops to purchase access to John Deere software, manuals, and other information needed to fix John Deere equipment. Walter Schweitzer, President of the Montana Farmers Union, expressed skepticism about the agreement, pointing out that the private-sector MOU lacks a legal enforcement mechanism and allows the company to pull out of the MOU if any right-to-repair legislation is enacted. As part of the MOU, the AFBF agreed to encourage state farm bureaus to "refrain from introducing, promoting, or supporting federal or state 'Right to Repair' legislation that imposes obligations beyond the commitments in this MOU."

The issue addressed by the MOU is still a problem for users of John Deere farm equipment in other countries such as Australia, where agricultural machinery is not covered by Australia's first right to repair law, a federal statute providing for mandatory data sharing in the automotive sector. In Australia, agricultural industry bodies have been and are lobbying for right to repair laws covering agricultural machinery. In November 2024, Australia's federal and state treasurers entered into a 10-year intergovernmental agreement on national competition policy that the federal treasurer, Jim Chalmers, has said was "an important first step towards delivering broader 'right to repair' reforms... especially in agriculture and farming".

Read the full text

Legal issues concerning repair policies

In June 2022, 13 lawsuits from farms and farmers, alleging that John Deere and its affiliated dealerships had unlawfully conspired to monopolize and restrain the market for repair and maintenance services of John Deere equipment, were consolidated in federal court in Illinois. In February 2023, the United States Department of Justice filed a "statement of interest" in the case opposing a motion by John Deere to dismiss the case, arguing that restrictions on repair can harm both consumers and the public. In November 2023, U.S. District Judge Iain Johnston denied John Deere's motion to dismiss the case, finding that the plaintiffs' complaint "is chock-full of factual allegations to support" the conclusion that "Deere has the ultimate control of the repair services market" for John Deere equipment. In April 2026, John Deere agreed to settle the class action lawsuit; while admitting no wrongdoing, Deere agreed to pay $99 million into a fund that would allow farms and individuals who paid John Deere dealers for equipment repairs to recoup between 26% and 53% of overcharge damages, with Deere also agreeing to provide "the digital tools required for the maintenance, diagnosis, and repair" of John Deere farm equipment for 10 years.

In January 2025, the Federal Trade Commission (FTC) filed an antitrust lawsuit against Deere over the company's restrictive repair policies. In its lawsuit, the FTC argued that Deere inflated repair costs for farmers by preventing independent shops from repairing Deere equipment. The FTC was joined in its lawsuit by five US states including Michigan and Wisconsin.

In July 2026, the FTC lawsuit concluded with a settlement, and requires Deere to make repair services available to independent repair shops and owners of Deere equipment. Deere was required to pay $1 million in legal fees to the involved states, and is subject to compliance oversight for the next 10 years. Deere is required to make available "on fair and reasonable terms" any resources it currently makes available to its dealers, and any future materials distributed to over 50% of its dealers, including fault code diagnosis and removal, technical manuals and troubleshooting information, and previously software-locked features like pairing new components and restarting a machine after emissions-related shutdowns. The "fair and reasonable terms" are more clearly defined than the $99 million lawsuit filed in 2022, which now defines pricing by what authorized Deere dealers pay for tools and repair components. The U.S. Public Interest Research Group (PIRG) senior right to repair campaign director Nathan Proctor stated that the FTC's settlement was "much better than the deal secured in [the Illinois] class action lawsuit".

Products

John Deere manufactures a wide range of products, often with several models of each.

Agricultural equipment

Agricultural products include, including tractors, combine harvesters, cotton harvesters, balers, planters/seeders, silage machines, sprayers, spreaders, dry machines, and grain carts.

Construction equipment

Construction equipment includes (but is not limited to):

Forestry equipment

John Deere manufactures a range of forestry machinery, among others, harvesters, forwarders, skidders, feller bunchers and log loaders. Timberjack was a subsidiary of John Deere from 2000 to 2006.

Other products

Other products the company manufactures include consumer and commercial equipment such as lawn mowers, compact utility tractors, snow throwers, snowmobiles, all-terrain vehicles, and StarFire (a wide-area differential GPS). It is also a supplier of diesel engines and powertrains (axles, transmissions, etc.) used especially in heavy equipment.

John Deere leasing has expanded to non-equipment loans. As of 2017, this is the leading division of John Deere. With a loan portfolio of $2 billion, it accounts for a third of John Deere's income.

Factories

Major North American factories include:

Harvester Works (large combine harvesters), East Moline, Illinois

Cylinder Internal Platform (hydraulic cylinders), Moline, Illinois

Seeding Group (planting equipment), Moline, Illinois and Valley City, North Dakota

Davenport Works (wheel loaders, motor graders, articulated dump trucks, wheeled forestry equipment), Davenport, Iowa

Dubuque Works (backhoes, crawlers, skid-steer loaders, tracked forestry equipment), Dubuque, Iowa

Des Moines Works (tillage equipment, cotton harvesters, sprayers, and fertilizer spreaders), Ankeny, Iowa

Ottumwa Works (hay and forage equipment), Ottumwa, Iowa

Thibodaux Works (cane-harvesting equipment, scrapers), Thibodaux, Louisiana

Horicon Works (lawn and garden and turf care), Horicon, Wisconsin

Augusta Works (small commercial and agricultural tractors), Grovetown, Georgia

Turf Care (specialty golf equipment and commercial mowing), Fuquay-Varina, North Carolina

Industrias John Deere (agricultural tractors; construction equipment), (Monterrey, Mexico)

Motores John Deere (power systems; 6- and 4-cylinder engines, heavy-duty axles), Torreon, Mexico

Coffeyville Works (transmissions, pump drives, planetaries), Coffeyville, Kansas

Waterloo Works (tractor, cab, and assembly operations, drivetrain operations, foundry operations, service parts operations), Waterloo, Iowa

Power Systems and Engine Works (power systems and engines), Waterloo, Iowa

Greeneville Works (entry-level lawn care equipment), Greeneville, Tennessee

John Deere Kernersville (Tracked Hydraulic Excavators), Kernersville, North Carolina

Other important factories:

John Deere Usine Saran (power systems), Fleury-les-Aubrais, France

John Deere Argentina (engines, tractors, and combine harvesters), Granadero Baigorria, Santa Fe, Argentina

John Deere Equipment Pvt Ltd (5000-series tractors), Pune, India

John Deere Equipment Pvt Ltd (5000-series tractors), Dewas, India

John Deere Electronic Solutions, Fargo, ND and Pune, India

John Deere Harvester Works, Sirhind-Fategarh, India

John Deere Werke Mannheim (6000-series tractors), Mannheim, Germany

John Deere Brasil: Montenegro, Rio Grande do Sul (tractors), Horizontina - RS (harvesters and planters), Catalão - GO (sugarcane harvesters)

John Deere Brasil Construction & Forestry (tractors and excavators), Indaiatuba, Brazil

John Deere Werke Zweibrücken (harvesting equipment), Zweibrücken, Germany

John Deere Fabriek Horst (pulled and self-propelled agricultural sprayers), Horst, The Netherlands

John Deere Forestry Oy (forwarders, wheeled harvesters), Joensuu, Finland

John Deere Reman

Subsidiaries and affiliates

Current

AGRIS Corporation (John Deere Agri Services)

Bear Flag Robotics – Autonomous agricultural technology & equipment company

John Deere Ag Management Solutions (intelligent mobile equipment technologies), Urbandale, Iowa

John Deere Capital Corporation

John Deere Financial (John Deere Credit and Finance), Johnston, Iowa

Kemper (row tolerant headers for forage harvesters and combines), Stadtlohn, Germany

Waratah Forestry Attachments (forestry harvesting heads), Tokoroa, New Zealand

Agreentech

NavCom Technology, Inc. (precision positioning systems, see also StarFire), Torrance, California

John Deere Electronic Solutions (Ruggedized electronics), Fargo, North Dakota

Ningbo Benye Tractor & Automobile Manufacture Co. Ltd. (low HP tractors), Ningbo, China

Machinefinder (used equipment division and marketplace)

John Deere Technology Innovation Center, Research Park, University of Illinois at Urbana-Champaign

QCFS and Consolidating (attachment distribution center), Davenport, Iowa

Hagie Sprayers (Upfront Sprayers)

KingAgro (Sprayers) Argentina

PLA (sprayers) Argentina

Wirtgen Group

Blue River Technology – Pioneer in the use of computer vision and robotics for agriculture bringing crop protection into the digital era with see and spray machines that precisely observe and treat each plant in the field.

Former

John Deere Renewables, LLC, a wind energy plant manufacturing arm which represented John Deere's extension into the renewable energy industry – under which it had successfully completed 36 projects in eight US states – was sold to Exelon Energy in August 2010.

From Wikipedia’s article on John Deere, shared under CC BY-SA 4.0.9

Subsidiaries and ownership

Subsidiaries

Also owns

  • John Deere
  • John Deere House and Shop

Also consolidated

Subsidiaries (Exhibit 21)

  • Banco John Deere S.A. Brazil10
  • John Deere Brasil LTDA. Brazil10
  • John Deere Canada ULC Canada10
  • John Deere Capital Corporation Delaware10
  • John Deere Construction & Forestry Company Delaware10
  • John Deere Financial Inc. Canada10
  • John Deere Financial India Private Limited India10
  • John Deere Forestry AB (Sweden) Sweden10
  • John Deere India Private Limited India10
  • John Deere Italiana S.r.l. (Italy) Italy10
  • John Deere Kernersville LLC Delaware10
  • John Deere Limited Australia10
  • John Deere Sales Hispanoamérica, S. de R.L. de C.V. Mexico10
  • John Deere Shared Services LLC Iowa10
  • John Deere Walldorf GmbH & Co. KG Germany10
  • Joseph Vögele Aktiengesellschaft Germany10
  • Wirtgen GmbH Germany10

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record. The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Employees over time

  • 201367,0001

Timeline

  1. Aug 20, 20268-K Results of operations; Regulation FD disclosure94
  2. Jul 15, 20268-K Other events95
  3. Jun 1, 20268-K Executive or director change96
  4. May 21, 20268-K Results of operations; Regulation FD disclosure97
  5. May 1, 20268-K Executive or director change; Regulation FD disclosure98
  6. Mar 16, 20268-K Executive or director change99
  7. Feb 27, 20268-K Shareholder vote100
  8. Feb 19, 20268-K Results of operations; Regulation FD disclosure101
  9. Jan 22, 20268-K Executive or director change102
  10. Dec 4, 20258-K Executive or director change; Regulation FD disclosure103
  11. Nov 26, 20258-K Results of operations; Regulation FD disclosure104
  12. Oct 9, 20258-K Other events105
  13. Nov 4, 2019New chief executive John May becomes CEO1
  14. Dec 10, 2009New chief executive Samuel R. Allen becomes CEO1
  15. May 22, 2006New chief executive Robert W. Lane becomes CEO30
  16. Jan 2, 1990Went public Listed on NYSE1
  17. 1928New chief executive Charles Deere Wiman becomes CEO1
  18. 1868Founded Founded in Grand Detour1

Calendar

Coming up

  1. Nov 25, 2026 · Before the openReports results for the quarter ending Oct/2026106

When it reported results

  1. Aug 20, 2026Reported quarterly or annual results94
  2. May 21, 2026Reported quarterly or annual results97
  3. Feb 19, 2026Reported quarterly or annual results101
  4. Nov 26, 2025Reported quarterly or annual results104
  5. Aug 14, 2025Reported quarterly or annual results107
  6. May 15, 2025Reported quarterly or annual results108
  7. Feb 13, 2025Reported quarterly or annual results109
  8. Nov 21, 2024Reported quarterly or annual results110

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

377 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 56 major events, 210 insider forms, 10 large holders, 81 other. The latest 20:

  1. Sep 2, 20264 EDGAR
  2. Aug 31, 2026144 EDGAR
  3. Aug 27, 202610-Q EDGAR
  4. Aug 26, 20264 EDGAR
  5. Aug 25, 20264 EDGAR
  6. Aug 24, 2026144 EDGAR
  7. Aug 21, 2026144 EDGAR
  8. Aug 20, 20268-K EDGAR
  9. Aug 18, 20264 EDGAR
  10. Aug 3, 2026144 EDGAR
  11. Jul 15, 20268-K EDGAR
  12. Jul 13, 2026424B2 EDGAR
  13. Jul 10, 2026FWP EDGAR
  14. Jul 10, 2026424B3 EDGAR
  15. Jun 17, 2026S-3ASR EDGAR
  16. Jun 1, 20268-K EDGAR
  17. May 28, 202610-Q EDGAR
  18. May 21, 20268-K EDGAR
  19. May 18, 2026SD EDGAR
  20. May 11, 20263 EDGAR

The 377 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

27 open-market trades by officers, directors and large owners since October 2021: 1 buys and 26 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 31, 2026CAMPBELL RYAN DPres WWC&F and Pwr SystemsSale4,860$651.19$3.2MForm 4
Aug 24, 2026CAMPBELL RYAN DPres WWC&F and Pwr SystemsSale7,839$653.77$5.1MForm 4
Aug 21, 2026CAMPBELL RYAN DPres WWC&F and Pwr SystemsSale23,260$651.18$15.1MForm 4
Jan 14, 2026Reed Cory JPres, Life Sol Cust Sup & S.M.Sale12,000$510.00$6.1MForm 4
Jan 8, 2026May John C IIChairman & CEOSale41,472$501.49$20.8MForm 4
Nov 25, 2025May John C IIChairman & CEOSale11,106$500.08$5.6MForm 4
Feb 18, 2025Kalathur RajeshPresident, JD Financial & CIOSale24,580$500.61$12.3MForm 4
Jun 24, 2024Reed Cory JPres, Life Sol Cust Sup & S.M.Sale13,370$377.63$5.0MForm 4
Oct 2, 2023CAMPBELL RYAN DPres WWC&F and Pwr SystemsSale6,073$379.19$2.3MForm 4
Jul 25, 2023Reed Cory JPres, Life Sol Cust Sup & S.M.Sale4,680$449.75$2.1MForm 4
Jun 22, 2023May John C IIChairman & CEOSale52,967$416.02$22.0MForm 4
Jun 7, 2023von Pentz MarkwartPres Ag & Turf, Sml Ag & TurfSale27,933$381.59$10.7MForm 4
Jun 6, 2023Erwin Tami A.DirectorBuy675$371.05$250.5KForm 4
May 26, 2023von Pentz MarkwartPres Ag & Turf, Sml Ag & TurfSale7,110$356.69$2.5MForm 4
Dec 1, 2022CAMPBELL RYAN DPres WWC&F and Pwr SystemsSale11,429$439.69$5.0MForm 4
Nov 29, 2022Howze Marc ASr Advisor, Ofc of ChairmanSale10,910$442.80$4.8MForm 4
Nov 8, 2022Reed Cory JPres, Life Sol Cust Sup & S.M.Sale984$405.11$398.6KForm 4
Nov 4, 2022Reed Cory JPres, Life Sol Cust Sup & S.M.Sale285$400.76$114.2KForm 4
Oct 31, 2022Reed Cory JPres, Life Sol Cust Sup & S.M.Sale2,034$401.75$817.2KForm 4
Oct 27, 2022Reed Cory JPres, Life Sol Cust Sup & S.M.Sale6,697$401.12$2.7MForm 4

All 27 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.18,544,770$11.8B0.2%+228,947
Vanguard Capital Management LLC16,575,154$10.5B0.2%+50,079
Capital World Investors11,501,949$7.3B0.9%−770,945
State Street Corp10,867,942$6.9B0.2%+256,561
Jpmorgan Chase & Co9,211,993$5.8B0.3%−278,450
Fmr LLC7,488,674$4.8B0.2%+958,880
Capital International Investors6,410,022$4.1B0.8%+4,706,513
Geode Capital Management, LLC5,713,643$3.6B0.2%+27,680
Morgan Stanley4,369,891$2.8B0.1%+120,326
Vanguard Portfolio Management LLC3,820,147$2.4B0.1%+70,159
Gates Foundation Trust3,557,378$2.3B6.6%No change
Norges Bank3,406,402$2.2B0.2%New
Fisher Asset Management, LLC3,179,375$2.0B0.6%+151,211
Wellington Management Group Llp3,088,628$2.0B0.3%+1,412,694
State Farm Mutual Automobile Insurance Co2,803,405$1.8B1.2%No change
Bank Of America Corp /de/2,656,493$1.7B0.1%−125,909
Northern Trust Corp2,638,118$1.7B0.2%−70,635
Bank of New York Mellon Corp1,985,211$1.3B0.2%+468,037
Dimensional Fund Advisors LP1,967,598$1.2B0.2%+21,778
Goldman Sachs Group Inc1,883,293$1.2B0.1%−14,479
UBS Group AG1,841,439$1.2B0.2%+280,851
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1,801,164$1.1B0.2%−21,609
Parnassus Investments, LLC1,640,128$1.0B2.8%−248,320
Charles Schwab Investment Management Inc1,638,704$1.0B0.1%+15,985
Legal & General Group Plc1,509,398$957.5M0.2%−42,719

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

67 trades disclosed by members of Congress, the latest 25. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jul 10, 2026Dan NewhouseRepublican, HousePartial sale$1,001 - $15,000−7.1%Report
Mar 27, 2026Alan ArmstrongRepublican, SenateBuy$1,001 - $15,000−8.4%Report
Dec 29, 2025Markwayne Mullin, SenateBuy$15,001 - $50,000+24.3%Report
Dec 18, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000−21.0%Report
Nov 13, 2025Julie JohnsonDemocratic, HousePartial sale$1,001 - $15,000−20.7%Report
Oct 22, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000−23.3%Report
Oct 21, 2025Julie JohnsonDemocratic, HouseBuy$1,001 - $15,000+24.6%Report
Sep 23, 2025Val T. HoyleDemocratic, HouseSale$1,001 - $15,000−19.7%Report
Sep 22, 2025Julia LetlowRepublican, HouseSale$1,001 - $15,000−21.1%Report
Aug 14, 2025Julie JohnsonDemocratic, HousePartial sale$1,001 - $15,000−14.4%Report
Aug 8, 2025Adam SmithDemocratic, HouseSale$1,001 - $15,000−4.6%Report
Jul 16, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000−2.8%Report
Jun 24, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−2.3%Report
May 12, 2025Jefferson ShreveRepublican, HouseSale$50,001 - $100,000+2.9%Report
Apr 21, 2025Bruce WestermanRepublican, HouseSale$1,001 - $15,000+4.8%Report
Apr 11, 2025Dan NewhouseRepublican, HousePartial sale$1,001 - $15,000+4.7%Report
Apr 8, 2025Bruce WestermanRepublican, HouseBuy$1,001 - $15,000−0.0%Report
Apr 8, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000+0.0%Report
Mar 3, 2025Bruce WestermanRepublican, HouseBuy$1,001 - $15,000+5.6%Report
Feb 25, 2025Robert P. Bresnahan, Jr.Republican, HouseBuy$15,001 - $50,000+1.8%Report
Jan 31, 2025Julia LetlowRepublican, HouseBuy$1,001 - $15,000+6.4%Report
Oct 29, 2024Val T. HoyleDemocratic, HouseBuy$1,001 - $15,000+25.4%Report
Aug 14, 2024Rick W. AllenRepublican, HouseSale$1,001 - $15,000−40.8%Report
Jun 28, 2024Josh GottheimerDemocratic, HouseSale$1,001 - $15,000−30.0%Report
Apr 10, 2024Dan NewhouseRepublican, HouseBuy$1,001 - $15,000+5.7%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Deere & Company is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARDEERE & CO2
  • CIK0000315189
  • Employer ID (EIN)36-238258027
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company27
  • Incorporated inDelaware27
  • Fiscal year endsNovember 12
  • Industry code (SIC)3523 Farm Machinery & Equipment2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business addressOne John Deere Place, Moline, IL 61265-80982
  • Phone(309) 765-80002
  • Shares outstanding269,625,412 as of Aug 2, 202625
  • Public float$124.3B as of Apr 25, 202527
  • AuditorDELOITTE & TOUCHE LLP, Chicago, Illinois PCAOB ID 34; it also attests to the company’s internal control over financial reporting27
  • On EDGAR sinceJan 13, 19942
  • Filings2,384 in all: 4 (1,156), 8-K (529), 10-Q (99), 13F-HR (87), SC 13G/A (54), 11-K (48), 3 (42), DEF 14A (34)2
    All 50 form types

    10-K (25), SC 13G (25), 4/A (22), UPLOAD (21), DEFA14A (19), NO ACT (17), 144 (15), ARS (15), S-8 (14), 424B3 (13), CORRESP (13), SD (13), SC 13D/A (10), 424B2 (9), S-8 POS (9), 10-K405 (8), S-3/A (8), 424B5 (7), FWP (7), PX14A6G (7), S-3 (7), S-3ASR (7), 13F-HR/A (5), 8-K/A (5), PRE 14A (5), 3/A (4), 10-K405/A (3), SC 13D (3), 10-K/A (2), 25-NSE (2), 8-A12B (2), IRANNOTICE (2), REGDEX/A (2), 10-Q/A (1), 425 (1), 5 (1), PRER14A (1), PRES14A (1), S-4 (1), S-4/A (1), SCHEDULE 13G (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Dec 18, 2025
    Quarterly report (10-Q) Aug 27, 2026
    Proxy statement (DEF 14A) Jan 14, 2026
    Latest 8-K (8-K) Aug 20, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, $1 par valueDENew York Stock Exchange
6.55% Debentures Due 2028DE28New York Stock Exchange

From the cover page of the 10-K filed Dec 18, 2025 (Section 12(b) of the Exchange Act).27

Risk factors and legal proceedings

The risks Deere & Company names in Item 1A of its 10-K filed Dec 18, 2025: 28 risks under these headings, as written.27

  • GEOPOLITICAL AND MACROECONOMIC RISKS
  • Our financial results largely depend upon the agricultural market business cycle, as well as general economic conditions and outlook. Negative conditions in the agricultural industry and general economy cause weakened demand for our equipment and services, limit access to funding, and result in higher funding costs.
  • We face risks associated with international, national, and regional trade laws, regulations, and policies that could materially impair our profitability.
  • Our international operations expose us to risks and events beyond our control in countries in which we operate.
  • Changing worldwide demand for food and different forms of renewable energy can impact the price of farm commodities and consequently the demand for our equipment. This could result in higher research and development costs related to changing machine fuel requirements.
  • OPERATIONAL AND MANUFACTURING RISKS
  • Restructuring, rationalization, and relocation of manufacturing facilities may cause capacity constraints, inventory fluctuations, and other issues.
  • Inability to accurately forecast customer demand for products and services, and to adequately manage inventory, could adversely affect our operating results.
  • Changes in the availability and price of certain raw materials, components, and whole goods have resulted and could result in disruptions to the supply chain causing production disruptions, increased costs, and lower profits from sales of our products.
  • Failure by our supply base to use ethical business practices and comply with applicable laws and regulations may adversely affect our business, financial condition, and operational results.
  • Unexpected events have increased and may in the future increase our cost of doing business or disrupt our operations.
  • FINANCIAL RISKS
The other 19 risks
  • Changes in interest rates or market liquidity conditions, as well as changes in government banking, monetary and fiscal policies, could adversely affect our financials and our earnings and/or cash flows.
  • Because the financial services segment provides financing for a significant portion of our sales worldwide, negative economic conditions in the financial industry could materially impact our operations and financial results.
  • Changes in tax rates, tax legislation, or exposure to additional tax liabilities could have a negative effect on our business.
  • STRATEGIC RISKS
  • We may not realize the anticipated benefits of our Smart Industrial Operating Model and Leap Ambitions.
  • The introduction of new products and technologies involves risk, and, from time to time, we may fail to realize their anticipated benefits.
  • From time to time our equipment fails to perform as expected and we have experienced, and may in the future experience, warranty claims, post-sale repairs and recalls, and other consequences.
  • We rely on a network of independent dealers to manage the distribution of our products and services. If our dealers are unsuccessful with their sales and business operations, it could have an adverse effect on our overall sales and revenue.
  • We may not realize the anticipated benefits of acquisitions, joint ventures, and divestitures, or these benefits may take longer to realize than expected.
  • Our reputation and brand could be damaged by negative publicity.
  • TALENT RISKS
  • Our ability to attract, develop, engage, and retain qualified employees could affect our ability to execute our strategy.
  • Our business may be adversely affected by any disruptions caused by union activities.
  • CYBERSECURITY AND DIGITAL RISKS
  • Security breaches and other disruptions to our information technology infrastructure could interfere with our operations and could compromise our information as well as information about our employees, customers, suppliers, and/or dealers, exposing us to liability that could cause our business and reputation to suffer.
  • Any unauthorized control or manipulation of our products’ systems could result in a loss of confidence in us and our products.
  • Technical or regulatory limitations may impact our ability to effectively implement automation, autonomy, and artificial intelligence solutions.
  • Disruption of our technology systems or unexpected network interruption could disrupt our business.
  • LEGAL AND REGULATORY COMPLIANCE RISKS
  • Our global operations are subject to complex and changing laws and regulations, the violation of which could expose us to potential liabilities, increased costs, and other adverse effects.
  • Governmental actions designed to address climate change based on the emergence of new technologies and business models in connection with the transition to a lower-carbon economy could adversely affect John Deere and our customers.
  • Legal proceedings, disputes and government inquiries and investigations could harm our business, financial condition, reputation, and brand.
  • Our business could be adversely affected by the infringement or loss of intellectual property rights.

Legal proceedings

On January 15, 2025, the Federal Trade Commission (FTC), along with the Attorneys General of the States of Illinois and Minnesota, filed a lawsuit against us in the United States District Court for the Northern District of Illinois Western Division. The Attorneys General of the States of Arizona, Michigan, and Wisconsin then joined the lawsuit. The lawsuit alleges monopolization and unfair competition in violation of federal and state antitrust laws. Plaintiffs seek a permanent injunction and other equitable relief to allow owners of our equipment, as well as independent repair providers, access to our repair tools and any other repair resources available to authorized John Deere dealers. On March 17, 2025, we filed a motion to dismiss the lawsuit, the FTC filed a response on April 28, 2025, and we filed a reply on May 28, 2025. A hearing was held on the motion to dismiss, and the court denied the motion. We are in preliminary discussions with the FTC with respect to a potential resolution. At this stage we are unable to predict the outcome or impact of this matter on our business.

The opening of Item 3, Legal Proceedings.27

Sources

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