SuperworthDeere profit margin DE
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 10.2%
- Operating margin, 12 months
- 19.5%
- Net margin on a year earlier
- −1.6 pts
- Peer median
- 14.5%
Over the twelve months to Aug 2, 2026, Deere kept 10.2% of its revenue as net profit, with an operating margin of 19.5% and a gross margin of 36.6%.
Five years earlier its net margin was 12.8%.
The median for 10 industrial stocks of a similar size is 14.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 11.0% | 20.6% | 38.4% |
| FY2024 | 13.7% | 24.3% | 40.5% |
| FY2023 | 16.6% | 25.3% | 38.4% |
| FY2022 | 13.6% | 19.4% | 32.8% |
| FY2021 | 13.5% | 19.5% | 32.3% |
| FY2020 | 7.7% | 14.4% | 28.8% |
| FY2019 | 8.3% | 14.1% | 27.7% |
| FY2018 | 6.3% | 14.1% | 27.8% |
| FY2017 | 7.3% | 13.6% | 28.7% |
| FY2016 | 5.7% | 11.2% | 31.5% |
| FY2015 | 6.7% | 12.0% | 30.2% |
| FY2014 | 8.8% | 15.1% | 31.3% |
| FY2013 | 9.4% | 16.5% | 32.1% |
| FY2012 | 8.5% | 15.3% | 30.8% |
| FY2011 | 8.7% | 15.6% | 31.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 10.2% | −1.6 pts | 19.5% | |
| Q2 FY26 | 10.1% | −2.3 pts | 19.3% | |
| Q1 FY26 | 10.3% | −2.7 pts | 19.8% | |
| Q4 FY25 | 11.0% | −2.7 pts | 20.6% | |
| Q3 FY25 | 11.7% | −3.0 pts | 21.7% | |
| Q2 FY25 | 12.4% | −3.7 pts | 22.9% | |
| Q1 FY25 | 12.9% | −3.4 pts | 23.4% | |
| Q4 FY24 | 13.7% | −2.9 pts | 24.3% | |
| Q3 FY24 | 14.7% | −1.7 pts | 25.0% | |
| Q2 FY24 | 16.1% | +1.2 pts | 25.7% | |
| Q1 FY24 | 16.4% | +1.7 pts | 25.5% | |
| Q4 FY23 | 16.6% | +3.0 pts | 25.3% |
Against its peers
Companies in Industrials nearest Deere's size, closest first, today.
| Company | Profit margin |
|---|---|
| DEDeere | 10.2% |
| UNPUnion Pacific | 28.9% |
| BABoeing | 2.6% |
| ETNEaton | 12.8% |
| GEVGE Vernova | 23.0% |
| LMTLockheed Martin | 8.2% |
| RTXRTX | n/m |
| PHParker-Hannifin | 17.0% |
| GEGE Aerospace | 17.5% |
| TTTrane Technologies | 13.3% |
| CATCaterpillar | 14.5% |
| Peer median | 14.5% |
Where Deere ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Deere
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.