John Deere

  • Backlog$9.6 BFY, 2021
  • Revenue$44 BFY, 2021
  • Market Capitalization$102.8 B2022-08-04

OverviewSuggest Edit

John Deere (also known as Deere & Company) is a manufacturer of agricultural, construction, and forestry machinery. It operates through three segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment manufactures and distributes a line of agriculture and turf equipment and related service parts, including large, medium, and utility tractors, tractor loaders, combines, cotton pickers and strippers, sugarcane harvesters, harvesting front-end equipment, sugarcane loaders, and pull-behind scrapers, etc. The Construction and Forestry segment manufactures and distributes a range of machines and service parts used in construction, earthmoving, road building, material handling, and timber harvesting, including backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, etc. The Financial Services segment primarily finances sales and leases by dealers of agriculture and turf equipment and construction and forestry equipment.
TypePublic
Founded1837
HQMoline, IL, USMap
Websitedeere.com
Employee Ratings4.1
Overall CultureCMore
View Jobs (566)

Recent NewsAll News

Latest Updates

Employees (est.) (Oct 2021)75,600(+9%)
Job Openings566
Revenue (FY, 2021)$44 B(+24%)
Share Price (Aug 2022)$342.4(+2%)
Cybersecurity ratingCMore
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Key People/Management at John Deere

John C. May

John C. May

Chairman of the Board of Directors and Chief Executive Officer
Jahmy J. Hindman

Jahmy J. Hindman

Chief Technology Officer
Marc A. Howze

Marc A. Howze

Group President, Lifecycle Solutions and Chief Administrative Officer
Rajesh Kalathur

Rajesh Kalathur

Chief Financial Officer and President, John Deere Financial
Cory J. Reed

Cory J. Reed

President, Worldwide Agriculture & Turf Division, Production and Precision Ag, Americas and Australia
Mark von Pentz

Mark von Pentz

President, Ag & Turf Division: Small Ag & Turf, and Europe, CIS, Asia, and Africa
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John Deere Office Locations

John Deere has offices in Moline, Horicon, Johnston, Ottumwa and in 60 other locations
Moline, IL, US (HQ)
1 John Deere Pl
Horicon, WI, US
1501 W Lake St
Johnston, IA, US
6400 NW 86th St
Ottumwa, IA, US
928 E Vine St
Waterloo, IA, US
3500 E Donald St
Waterloo, IA, US
3801 W Ridgeway Ave
Show all (69)

John Deere Financials and Metrics

John Deere Revenue

John Deere's revenue was reported to be $44.02 b in FY, 2021 which is a 23.9% increase from the previous period.
USD

Revenue (Q2, 2022)

13.4b

Gross profit (Q2, 2022)

4.5b

Gross profit margin (Q2, 2022), %

33.3%

Net income (Q2, 2022)

2.1b

Market capitalization (4-Aug-2022)

102.8b

Closing stock price (4-Aug-2022)

342.4

Cash (1-May-2022)

3.9b

EV

147.8b
John Deere's current market capitalization is $102.8 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

39.3b35.5b44.0b

Revenue growth, %

5%(9%)24%

Cost of goods sold

26.8b23.7b29.1b

Gross profit

12.5b11.9b14.9b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

7.6b9.3b8.9b9.1b12.1b11.5b9.6b13.4b

Cost of goods sold

5.1b6.3b5.8b5.8b7.9b7.6b6.7b8.9b

Gross profit

2.6b3.0b3.1b3.3b4.1b4.0b2.9b4.5b

Gross profit Margin, %

33%32%35%36%34%34%33%
show all
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

3.9b7.1b8.0b

Accounts Receivable

5.2b4.2b4.2b

Inventories

6.0b5.0b6.8b

PP&E

6.0b5.8b5.8b
Quarterly
USDQ1, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Cash

3.6b3.6b8.9b8.2b7.0b7.2b7.5b4.5b3.9b

Accounts Receivable

5.5b5.4b6.0b5.5b5.0b6.2b5.3b4.9b6.3b

Inventories

7.4b6.5b6.2b5.7b6.0b6.0b6.4b7.9b9.0b

PP&E

5.8b5.9b5.7b5.8b5.7b5.7b5.6b5.7b5.7b
show all
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

3.3b2.8b6.0b

Depreciation and Amortization

2.0b2.1b2.1b

Inventories

(780.0m)397.0m(2.5b)

Accounts Payable

46.0m(7.0m)1.9b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Net Income

518.0m1.2b2.0b1.2b3.0b4.7b904.0m3.0b

Depreciation and Amortization

538.0m1.1b1.6b538.0m1.1b1.6b486.0m933.0m

Inventories

(642.0m)(496.0m)(1.0m)(926.0m)(1.2b)(1.8b)(1.3b)(2.3b)

Accounts Payable

(1.1b)(707.0m)(572.0m)(705.0m)318.0m742.0m(1.6b)(443.0m)
show all
USDQ1, 2019

Debt/Equity

3.8 x

Debt/Assets

0.6 x

Financial Leverage

6.2 x
Show all financial metrics

John Deere Operating Metrics

John Deere's Backlog was reported to be $9.6b in FY, 2021.
FY, 2019FY, 2020FY, 2021

Backlog

$5.5 b$8.1 b$9.6 b

Countries (Customers)

100100100

Dealers' Locations

1.98 k1.98 k1.99 k

Facilities Leased, sq. ft.

10.3 m10.2 m11.8 m

John Deere Acquisitions / Subsidiaries

Company NameDateDeal Size
Kreisel ElectricFebruary 08, 2022
AgriSyncDecember 17, 2021
Bear Flag RoboticsAugust 05, 2021$250 m
Harvest ProfitNovember 12, 2020
UnimilSeptember 01, 2020$66 m
OnLinkJuly 09, 2019
PLASeptember 26, 2018$69 m
King AgroMarch 02, 2018$40 m
Blue River TechnologySeptember 06, 2017$284 m
MazzottiJune 26, 2017
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John Deere Revenue Breakdown

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John Deere revenue breakdown by business segment: 27.4% from Small Ag & Turf, 38.2% from Production & Precision Ag, 26.4% from Construction and Forestry and 8.1% from Financial Services

John Deere revenue breakdown by geographic segment: 14.6% from Western Europe, 10.3% from Latin America, 6.8% from Canada , 51.8% from United States , 6.1% from Central Europe and CIS and 10.4% from Asia, Africa, Australia, New Zealand, and Middle East

Human Capital Metrics

Source: www.deere.com, www.deere.com, www.deere.com
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John Deere Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

Learn more about our premium products
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John Deere Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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John Deere Online and Social Media Presence

John Deere's Trends

Embed Graph

John Deere Company Culture

  • Overall Culture

    C

    66/100

  • CEO Rating

    C+

    68/100

  • Compensation

    C+

    64/100

  • Diversity

    C

    64/100

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John Deere News and Updates

August 01, 2022

How 185-year-old John Deere is embracing digital transformation

John Deere CIO Ganesh Jayaram highlights the innovative efforts the company is embracing to propel its manufacturing forward.
July 19, 2022

France Tractor Market Analysis Report 2022: John Deere, New Holland and Fendt Dominated the Market with a Collective Share of Around 50% - Forecasts to 2028

Dublin, July 19, 2022 (GLOBE NEWSWIRE) -- The "France Tractor Market - Industry Analysis & Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.
July 07, 2022

Australia Agricultural Machinery Market Report 2022: Featuring Key Players Kuhn Group, Deutz Fahr, AGCO Corporation, Massey Ferguson, Agrifarm Engineering, John Deere & Kubota

DUBLIN, July 7, 2022 /PRNewswire/ -- The "Australia Agricultural Machinery Market Size, Share, Emerging Trends, Current Analysis, Growth, Demand, Opportunity, and Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering. Australia's agricultural machinery market is...
June 30, 2022

How John Deere grew data seeds into an AI powerhouse

John Deere’s status as a leader in AI innovation did not come out of nowhere. These days, the company has been enjoying the fruit of its AI labors.
June 08, 2022

EP+Co Named Agency of Record for John Deere Construction

EP+Co wins John Deere Construction and Sonoco GREENVILLE, S.C., June 8, 2022 /PRNewswire/ -- EP+Co today announced two new business wins: John Deere Construction and Sonoco. EP+Co has been named Agency of Record for John Deere's Construction Division and has also served as AOR for Deere's...
May 18, 2022

John Deere Foundation Awards $1 Million to World Food Program USA

The grant will provide urgent food assistance and fund high-impact innovations to achieve zero hunger. MOLINE, Ill. , May 18, 2022 /PRNewswire/ -- Today, the John Deere Foundation announced a $1 million donation to World Food Program USA to combat global food insecurity and address the...
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 John Deere Frequently Asked Questions

  • When was John Deere founded?

    John Deere was founded in 1837.

  • Who are John Deere key executives?

    John Deere's key executives are John C. May, Jahmy J. Hindman and Marc A. Howze.

  • How many employees does John Deere have?

    John Deere has 75,600 employees.

  • What is John Deere revenue?

    Latest John Deere annual revenue is $44 b.

  • What is John Deere revenue per employee?

    Latest John Deere revenue per employee is $582.3 k.

  • Who are John Deere competitors?

    Competitors of John Deere include Komatsu, Ponsse and Toro.

  • Where is John Deere headquarters?

    John Deere headquarters is located at 1 John Deere Pl, Moline.

  • Where are John Deere offices?

    John Deere has offices in Moline, Horicon, Johnston, Ottumwa and in 60 other locations.

  • How many offices does John Deere have?

    John Deere has 69 offices.