Deere & Co (DE) stock
DENYSEFarm Machinery & EquipmentFiscal year ends November 1
Financials through Q3 FY2026, quarter ended Aug 2, 2026Last filing: 10-Q on Aug 27, 2026Score 11/3054% above fair value
$678.79−12.96 (-1.87%)
Close on Nov 12, 2026Market cap $183.02BP/E 37.7Yield 0.93%
Deere operating margin
Operating margin is operating income as a percentage of revenue.
Deere's operating margin for the twelve months ending Oct 29, 2023 was 21.2%. For fiscal 2024 it was 17.5%, against 21.2% the year before. The highest annual figure on record is 21.2% in fiscal 2023.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2024 | Oct 27, 2024 | 17.5% | −3.7 |
| FY2023 | Oct 29, 2023 | 21.2% | +3.1 |
| FY2022 | Oct 30, 2022 | 18.1% | −0.1 |
| FY2021 | Oct 31, 2021 | 18.2% | +6.1 |
| FY2020 | Nov 1, 2020 | 12.1% | +0.9 |
| FY2019 | Nov 3, 2019 | 11.2% | −0.7 |
| FY2018 | Oct 28, 2018 | 12.0% | −0.0 |
| FY2017 | Oct 29, 2017 | 12.0% | +2.2 |
| FY2016 | Oct 30, 2016 | 9.8% | −1.1 |
| FY2015 | Oct 31, 2015 | 10.9% | −3.6 |
| FY2014 | Oct 31, 2014 | 14.5% | −1.2 |
| FY2013 | Oct 31, 2013 | 15.7% | +1.6 |
| FY2012 | Oct 31, 2012 | 14.1% | −0.1 |
| FY2011 | Oct 31, 2011 | 14.3% | +1.2 |
| FY2010 | Oct 31, 2010 | 13.1% | +6.2 |
| FY2009 | Oct 31, 2009 | 7.0% | −5.1 |
| FY2008 | Oct 31, 2008 | 12.0% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q4 FY2023CQ3 2023 | Oct 29, 2023 | 19.6% | +0.6 |
| Q3 FY2023CQ2 2023 | Jul 30, 2023 | 22.3% | +3.5 |
| Q2 FY2023CQ1 2023 | Apr 30, 2023 | 22.4% | +2.4 |
| Q1 FY2023CQ4 2022 | Jan 29, 2023 | 19.9% | +7.0 |
| Q4 FY2022CQ3 2022 | Oct 30, 2022 | 19.0% | +4.1 |
| Q3 FY2022CQ2 2022 | Jul 31, 2022 | 18.8% | −0.7 |
| Q2 FY2022CQ1 2022 | May 1, 2022 | 20.0% | −0.3 |
| Q1 FY2022CQ4 2021 | Jan 30, 2022 | 12.9% | −5.1 |
| Q4 FY2021CQ3 2021 | Oct 31, 2021 | 14.9% | +1.5 |
| Q3 FY2021CQ2 2021 | Aug 1, 2021 | 19.5% | +3.9 |
| Q2 FY2021CQ1 2021 | May 2, 2021 | 20.2% | +9.8 |
| Q1 FY2021CQ4 2020 | Jan 31, 2021 | 18.0% | +9.5 |
| Q4 FY2020CQ3 2020 | Nov 1, 2020 | 13.4% | +4.1 |
| Q3 FY2020CQ2 2020 | Aug 2, 2020 | 15.6% | +3.7 |
| Q2 FY2020CQ1 2020 | May 3, 2020 | 10.4% | −3.1 |
| Q1 FY2020CQ4 2019 | Feb 2, 2020 | 8.5% | −1.2 |
| Q4 FY2019CQ3 2019 | Nov 3, 2019 | 9.3% | −2.0 |
| Q3 FY2019CQ2 2019 | Jul 28, 2019 | 11.9% | −0.5 |
| Q2 FY2019CQ1 2019 | Apr 28, 2019 | 13.5% | −0.4 |
| Q1 FY2019CQ4 2018 | Jan 27, 2019 | 9.6% | +0.4 |
| Q4 FY2018CQ3 2018 | Oct 28, 2018 | 11.3% | +0.4 |
| Q3 FY2018CQ2 2018 | Jul 29, 2018 | 12.4% | −0.4 |
| Q2 FY2018CQ1 2018 | Apr 29, 2018 | 13.9% | −1.5 |
| Q1 FY2018CQ4 2017 | Jan 28, 2018 | 9.2% | +1.7 |
| Q4 FY2017CQ3 2017 | Oct 29, 2017 | 10.9% | +2.6 |
| Q3 FY2017CQ2 2017 | Jul 30, 2017 | 12.8% | – |
| Q2 FY2017CQ1 2017 | Apr 30, 2017 | 15.4% | – |
| Q1 FY2017CQ4 2016 | Jan 29, 2017 | 7.5% | – |
| Q4 FY2016CQ3 2016 | Oct 30, 2016 | 8.3% | – |
See a number that looks wrong?