Deere & Company
Explore Deere & Company
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Deere & Company
Explore Deere & Company
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2024 Revenue
$51.7B
▼ 15.6% vs FY2023 ($61.3B)
Net Income: $7.1B
Source: Annual report / company filing
Deere & Company reported $51.7B in revenue for fiscal year 2024. This represents a decline of 15.6% compared to the 2023 figure of $61.3B. In 2025, revenue declined to $45.7B.
Fiscal 2024 revenue fell 15.6% to $51.7 billion as farm incomes dropped and dealers destocked, ending the equipment demand cycle's record run.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $45.7B | — | -11.7% |
| FY2024 | $51.7B | $7.1B | -15.6% |
| FY2023 | $61.3B | — | +16.5% |
| FY2022 | $52.6B | — | +19.4% |
| FY2021 | $44.0B | — | +23.9% |
| FY2020 | $35.5B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.