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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, US
Websitedeere.com
Employee Ratings4
Overall CultureC

Latest Updates

Employees (est.) (Nov 2020)69,634(-5%)
Job Openings487
Revenue (FY, 2020)$35.5 B(-9%)
Share Price (Sept 2021)$359.8(+2%)
Cybersecurity ratingBMore

Key People/Management at John Deere

John C. May

John C. May

Chairman of the Board of Directors and Chief Executive Officer
Ryan D. Campbell

Ryan D. Campbell

Senior Vice President and Chief Financial Officer
Jahmy J. Hindman

Jahmy J. Hindman

Chief Technology Officer
Marc A. Howze

Marc A. Howze

Group President, Lifecycle Solutions and Chief Administrative Officer
Mary K. W. Jones

Mary K. W. Jones

Senior Vice President, General Counsel and Worldwide Public Affairs
Rajesh Kalathur

Rajesh Kalathur

President, John Deere Financial and Chief Information Officer
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John Deere Office Locations

John Deere has offices in Moline, Ankeny, Horicon, Johnston and in 60 other locations
Moline, IL, US (HQ)
1 John Deere Pl
Ankeny, IA, US
825 SW Irvinedale Dr
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
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John Deere Financials and Metrics

John Deere Revenue

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John Deere's revenue was reported to be $35.54 b in FY, 2020 which is a 9.5% decrease from the previous period.
USD

Revenue (Q3, 2021)

11.5b

Gross profit (Q3, 2021)

4.0b

Gross profit margin (Q3, 2021), %

34.3%

Net income (Q3, 2021)

1.7b

Market capitalization (15-Sept-2021)

111.6b

Closing stock price (15-Sept-2021)

359.8

Cash (1-Aug-2021)

7.5b

EV

152.0b
John Deere's current market capitalization is $111.6 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

37.4b39.3b35.5b

Revenue growth, %

26%5%(9%)

Cost of goods sold

25.6b26.8b23.7b

Gross profit

11.8b12.5b11.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

8.0b11.3b10.0b7.6b9.3b8.9b9.1b12.1b11.5b

Cost of goods sold

5.4b7.8b6.9b5.1b6.3b5.8b5.8b7.9b7.6b

Gross profit

2.6b3.6b3.2b2.6b3.0b3.1b3.3b4.1b4.0b

Gross profit Margin, %

32%32%32%33%32%35%36%34%34%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

3.9b3.9b7.1b

Accounts Receivable

5.0b5.3b4.2b

Inventories

6.1b6.0b5.0b

PP&E

5.9b6.0b5.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

3.6b3.5b3.4b3.6b8.9b8.2b7.0b7.2b7.5b

Accounts Receivable

5.5b7.6b6.8b5.4b6.0b5.5b5.1b6.2b5.3b

Inventories

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

PP&E

5.8b5.8b5.8b5.9b5.7b5.8b5.7b5.7b5.6b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

2.4b3.3b2.8b

Depreciation and Amortization

1.9b2.0b2.1b

Inventories

(1.8b)(780.0m)397.0m

Accounts Payable

722.0m46.0m(7.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

499.6m1.6b2.5b518.0m1.2b2.0b1.2b3.0b4.7b

Depreciation and Amortization

503.3m1.0b1.5b538.0m1.1b1.6b538.0m1.1b1.6b

Inventories

(1.4b)(1.4b)(1.2b)(642.0m)(496.0m)(1.0m)(926.0m)(1.2b)(1.8b)

Accounts Payable

(697.5m)(66.4m)(306.0m)(1.1b)(707.0m)(572.0m)(705.0m)318.0m742.0m
USDFY, 2018

EV/CFO

44.5 x

Revenue/Employee

502.0k

Debt/Equity

3.7 x

Debt/Assets

0.6 x

Financial Leverage

6.2 x

P/E Ratio

18.4
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John Deere Operating Metrics

John Deere's Backlog was reported to be $8.1b in FY, 2020.
FY, 2018FY, 2019FY, 2020

Backlog

$6.5 b$5.5 b$8.1 b

Countries (Customers)

100100100

Dealers' Locations

1.98 k1.98 k1.98 k

Facilities Leased, sq. ft.

9.1 m10.3 m10.2 m
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John Deere Acquisitions / Subsidiaries

Company NameDateDeal Size
UnimilSeptember 30, 2020$66 m
PLASeptember 26, 2018$69 m
King AgroMarch 02, 2018$40 m
WirtgenDecember 31, 2017$5.14 b
Blue River TechnologySeptember 06, 2017$284 m
Hagie Manufacturing Co.March 29, 2016$53 m
MonosemFebruary 03, 2016$146 m
Bauer Built ManufacturingSeptember 04, 2013$84 m
A&I ProductsDecember 01, 2010$48 m
ReGen TechnologiesNovember 13, 2008$42 m
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John Deere Revenue Breakdown

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John Deere revenue breakdown by business segment: 10.1% from Financial Services, 62.8% from Agriculture and Turf, 25.2% from Construction and Forestry and 1.9% from Other

John Deere revenue breakdown by geographic segment: 60.2% from U.S. and Canada and 39.8% from Outside U.S. and Canada

Human Capital Metrics

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John Deere Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

John Deere Online and Social Media Presence

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John Deere Company Culture

  • Overall Culture

    C

    66/100

  • CEO Rating

    C+

    68/100

  • Compensation

    C+

    66/100

  • Diversity

    C

    65/100

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John Deere News and Updates

Six WyoTech Students Given Star Treatment, Offered Jobs by C&B Operations, a John Deere Dealer, During Recruiting Trip

C&B Operations, a John Deere dealer, sent the students jet hopping to tractor dealerships as they neared the completion of their advanced diesel technician course.

John Deere workers ready for contract fight with near - unanimous strike authorization vote

John Deere workers ready for contract fight with near - unanimous strike authorization vote

Ten Thousand UAW Members Gear Up for a Strike Vote at John Deere

Ten Thousand UAW Members Gear Up for a Strike Vote at John Deere

10 , 000 Workers at John Deere Are Days Away From a Strike Vote

10 , 000 Workers at John Deere Are Days Away From a Strike Vote

John Deere Opens Olathe , Kansas Facility

John Deere Opens Olathe , Kansas Facility

Deere & Company Raises Dividend 17 Percent

The Deere & Company (NYSE: DE) Board of Directors today declared an increased quarterly dividend of $1.05 per share on the company's common stock. The dividend is payable November 8, 2021, to stockholders of record on September 30, 2021.
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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, Ryan D. Campbell and Jahmy J. Hindman.

  • How many employees does John Deere have?

    John Deere has 69,634 employees.

  • What is John Deere revenue?

    Latest John Deere annual revenue is $35.5 b.

  • What is John Deere revenue per employee?

    Latest John Deere revenue per employee is $510.4 k.

  • Who are John Deere competitors?

    Competitors of John Deere include Ponsse, Toro and Kubota.

  • 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, Ankeny, Horicon, Johnston and in 60 other locations.

  • How many offices does John Deere have?

    John Deere has 71 offices.