John Deere

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, cotton strippers, and 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 new and used agriculture and turf equipment and construction and forestry equipment.
TypePublic
Founded1837
HQMoline, IL, USMap
Websitedeere.com
Employee Ratings4.1More
Overall CultureCMore
View Jobs (575)

Recent NewsAll News

Latest Updates

Employees (est.) (Oct 2021)75,600(+9%)
Job Openings575
Revenue (FY, 2021)$44 B(+24%)
Share Price (May 2022)$343(+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

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

Cory J. Reed

President, Worldwide Agriculture & Turf Division, Production and Precision Ag, Americas and Australia
John H. Stone

John H. Stone

President, Construction & Forestry Division and Power Systems
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John Deere Office Locations

John Deere has offices in Moline, Horicon, Johnston, Ottumwa and in 65 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 (76)

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 (Q1, 2022)

9.6b

Gross profit (Q1, 2022)

2.9b

Net income (Q1, 2022)

904.0m

Market capitalization (25-May-2022)

105.2b

Closing stock price (25-May-2022)

343.0

Cash (30-Jan-2022)

4.5b

EV

148.1b
John Deere's current market capitalization is $105.2 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, 2022

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

3.9b7.1b8.0b

Accounts Receivable

5.3b4.2b4.2b

Inventories

6.0b5.0b6.8b

PP&E

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

Cash

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

Accounts Receivable

5.5b5.4b6.0b5.5b5.1b6.2b5.3b4.9b

Inventories

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

PP&E

5.8b5.9b5.7b5.8b5.7b5.7b5.6b5.7b
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, 2022

Net Income

518.0m1.2b2.0b1.2b3.0b4.7b904.0m

Depreciation and Amortization

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

Inventories

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

Accounts Payable

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

Financial Leverage

6.2 x
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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
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John Deere Acquisitions / Subsidiaries

Company NameDateDeal Size
AgriSyncDecember 17, 2021
Kreisel ElectricDecember 14, 2021
Bear Flag RoboticsAugust 05, 2021$250 m
Harvest ProfitNovember 12, 2020
UnimilOctober 14, 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

79/100

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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

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John Deere Company Culture

  • Overall Culture

    C

    66/100

  • CEO Rating

    C

    67/100

  • Compensation

    C

    63/100

  • Diversity

    C

    65/100

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John Deere News and Updates

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...
May 16, 2022

Global Agriculture Equipment Market Report 2022-2026: John Deere & Kubota Effectively Harnessing & Leveraging Startups' Technological Capabilities & Edge to Drive Innovation

DUBLIN, May 16, 2022 /PRNewswire/ -- The "Global Agriculture Equipment Market - 2022-2026 - Market Backdrop & Landscape, OEMs' Strategies & Plans, Key Trends, Strategic Insights, Growth Opportunities and Market Outlook & Forecast" report has been added to ResearchAndMarkets.com's offerin…
May 16, 2022

Exclusive: John Deere closes in on fully autonomous farming with its latest AI acquisition

John Deere is announcing the acquisition of a state-of-the-art algorithm package from artificial intelligence startup Light. For those of you wondering when driverless vehicles will truly begin to make their mark on society, the answer is: today. Up front: No, you won’t be seeing green tractors roll…
April 12, 2022

Hunt Marketing Announces Partnership With Sydenstricker Nobbe Partners, a John Deere Dealer

OXFORD, Miss., April 12, 2022 (GLOBE NEWSWIRE) -- Hunt Marketing, an integrated marketing firm located in Oxford, Miss., has formed a strategic partnership with Sydenstricker Nobbe Partners (SNPartners), a John Deere dealer with 27 locations across Missouri and Illinois.
April 05, 2022

Samsara and John Deere integration empowers agricultural operations

Connected operations cloud startup Samsara Inc. has today announced a new integration with John Deere to empower better agricultural operations. The deal between the two companies sees Samsara and John Deere expanding upon its existing JDLink integration to deliver new features that provide greater…
April 05, 2022

John Deere Cultivates Multi-Year Charitable Ambassador Partnership with Daniel Berger

Berger and John Deere will donate $100,000 to charitable organizations in lieu of a traditional win bonus. He will debut a John Deere branded golf bag at The Masters. MOLINE, Ill., April 5, 2022 /PRNewswire/ -- Deere & Company (NYSE: DE) has teamed up with the 21st ranked golfer in 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 65 other locations.

  • How many offices does John Deere have?

    John Deere has 76 offices.