Deere & Company (DE) Gross Margin: 35.40%
Is Deere & Company’s gross margin high or low?
Deere & Company's gross margin of 35.40% is in line with its 4-year average of 34.93%, around the middle of its 4-year range (30.67%–38.59%).
As of Thursday, June 11, 2026. 2.96% below its 12-month average of 36.48%.
DE Gross Margin Chart
DE Average Gross Margin Chart
DE Current vs Average Gross Margin Chart
DE Gross Margin Metrics
GROSS MARGIN
35.40%
GROSS MARGIN AVG TTM
36.48%
GROSS MARGIN AVG 3Y
37.36%
GROSS MARGIN AVG 5Y
34.93%
GROSS MARGIN AVG 10Y
32.39%
GROSS MARGIN AVG 15Y
31.37%
GROSS MARGIN AVG 20Y
30.76%
CURRENT VS TTM AVG
-2.96%
CURRENT VS 3Y AVG
-5.25%
CURRENT VS 5Y AVG
+1.36%
CURRENT VS 10Y AVG
+9.30%
CURRENT VS 15Y AVG
+12.86%
CURRENT VS 20Y AVG
+15.09%
DE Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Deere & Company (DE) | $151.13B | 35.40% | 36.48% | 37.36% | 34.93% |
| Eaton Corporation plc (ETN) | $148.14B | 36.89% | 37.89% | 36.35% | 34.68% |
| Union Pacific Corporation (UNP) | $157.34B | 45.67% | 52.45% | 48.40% | 48.13% |
| Honeywell International Inc. (HON) | $134.39B | 36.95% | 37.70% | 37.47% | 36.30% |
| The Boeing Company (BA) | $169.45B | 4.79% | 0.90% | 4.26% | 2.03% |
| Lockheed Martin Corporation (LMT) | $125.60B | 9.82% | 9.95% | 11.25% | 11.96% |
| Parker-Hannifin Corporation (PH) | $111.16B | 37.23% | 36.38% | 33.57% | 31.16% |
| Automatic Data Processing, Inc. (ADP) | $91.77B | 47.48% | 50.39% | 49.13% | 48.16% |
| United Parcel Service, Inc. (UPS) | $89.45B | 17.79% | 18.42% | 19.11% | 20.03% |
| Cummins Inc. (CMI) | $88.11B | 25.39% | 25.02% | 24.55% | 24.43% |
Gross Margin Analysis
Gross Margin
35.4%
(Revenue - COGS) / Revenue
Deere & Company Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Deere & Company Gross Margin FAQ
- What is the gross margin for Deere & Company (DE)?
- The gross margin for DE stock is 35.40%.
- Is Deere & Company's gross margin high or low?
- Deere & Company's gross margin of 35.40% is in line with its 4-year average of 34.93%, around the middle of its 4-year range (30.67%–38.59%).
- What is the TTM average gross margin for Deere & Company (DE)?
- The TTM average gross margin for DE stock is 36.48%.
- What is the 3Y average gross margin for Deere & Company (DE)?
- The 3Y average gross margin for DE stock is 37.36%.
- What is the 5Y average gross margin for Deere & Company (DE)?
- The 5Y average gross margin for DE stock is 34.93%.
- What is the 10Y average gross margin for Deere & Company (DE)?
- The 10Y average gross margin for DE stock is 32.39%.
- What is the 15Y average gross margin for Deere & Company (DE)?
- The 15Y average gross margin for DE stock is 31.37%.
- What is the 20Y average gross margin for Deere & Company (DE)?
- The 20Y average gross margin for DE stock is 30.76%.
Deere & Company Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-11-02 | 36.48% |
| 2024-10-27 | 38.59% |
| 2023-10-29 | 37.02% |
| 2022-10-30 | 30.67% |
| 2021-10-31 | 31.87% |
| 2020-11-01 | 31.27% |
| 2019-10-31 | 29.60% |
| 2018-10-31 | 29.28% |
| 2017-10-31 | 29.99% |
| 2016-10-31 | 29.12% |
| 2015-10-31 | 27.89% |
| 2014-10-31 | 29.27% |
| 2013-10-31 | 30.45% |
| 2012-10-31 | 29.18% |
| 2011-10-31 | 29.80% |
| 2010-10-31 | 30.72% |
| 2009-10-31 | 27.23% |
| 2008-10-31 | 28.71% |
| 2007-10-31 | 29.91% |
| 2006-10-31 | 28.14% |
| 2005-10-31 | 28.37% |
| 2004-10-31 | 29.27% |
| 2003-10-31 | 27.33% |
| 2002-10-31 | 27.50% |
| 2001-10-31 | 25.88% |
| 2000-10-31 | 31.98% |
| 1999-10-31 | 31.43% |
| 1998-10-31 | 34.01% |
| 1997-10-31 | 34.93% |
| 1996-10-31 | 34.82% |
Related Metrics
About Deere & Company
Deere & Company is a global manufacturer and distributor of a wide range of equipment. The company's operations are organized into four primary business segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment focuses on large-scale farming and advanced agricultural practices, offering medium-sized tractors, various harvesting machinery (including combines, cotton pickers, and sugarcane harvesters), front-end harvesting tools, sugarcane loaders, pull-behind scrapers, and essential tillage and seeding implements. It also supplies specialized application equipment like sprayers and nutrient management systems, along with soil preparation machinery, primarily serving grain growers. The Small Agriculture and Turf segment caters to smaller farming needs and land maintenance. Its product line includes utility tractors along with their complementary loaders and attachments. This segment also provides an extensive selection of turf and utility equipment, suchg as riding and commercial lawnmowers, specialized golf course maintenance machinery, and utility vehicles. Additionally, it offers various implements for tasks like mowing, tilling, snow removal, aerating, and general turf care across residential, commercial, golf, and sports environments, alongside other outdoor power products and hay and forage equipment. This division also resells products from other manufacturers. Its customer base includes dairy and livestock farmers, other crop producers, and general turf and utility clients. The Construction and Forestry segment delivers a comprehensive suite of heavy machinery for construction and logging. This includes earthmoving and roadbuilding equipment such as backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, and asphalt plants. For forestry operations, it supplies log skidders, feller bunchers, log loaders and forwarders, and log harvesters, in addition to various attachments for all its machinery. Lastly, the Financial Services segment provides funding solutions to facilitate the sale and leasing of agriculture and turf, as well as construction and forestry equipment. It extends wholesale financing to dealers stocking these product lines, offers extended equipment warranties, and manages retail revolving charge accounts for end-users. Established in 1837, Deere & Company has its corporate headquarters situated in Moline, Illinois.
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- CEO
- John C. May