Deere & Company
- Industry
- Construction Machinery
- Exchange
- US
- Country
- USA
- IPO date
- Jun 1, 1972
- Employees
- 73,100
- Website
- www.deere.com
Composite valuation range · conservative $250–$320 / fair $320–$430 / optimistic $500–$600. At $625.02, Above the optimistic ceiling · future growth overdrawn.
At publication $529.24 (May 25, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides four-wheel-drive track and row crop tractors, harvesters, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery, and related attachments and service parts. The Small Agriculture and Turf segment offers specialty, utility, and compact tractors; self-propelled forage harvesters and attachments; rotary mowers, hay and forage equipment, and utility vehicles; turf and utility equipment, including riding lawn, commercial mowing, and golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications. The Construction and Forestry segment provides backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, skid-steer loaders, milling machines, recyclers, slipform and asphalt pavers, surface miners, compactors, tandem, static rollers, mobile crushers and screens, mobile and stationary asphalt plants, and log harvesters; and road building and rehabilitation equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties. Deere & Company has a strategic partnership with Tarter USA to develop and produce flex wing rotary cutters. The company was founded in 1837 and is headquartered in Moline, Illinois.
History
Deere & Company was founded in 1837 and is headquartered in Moline, Illinois, with an IPO date of June 1, 1972. It manufactures and distributes equipment worldwide through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. In 2025 Deere completed a transaction for 50% of Banco John Deere with Brazil's Bradesco, and in 2026 it acquired mixed-fleet equipment and asset-tracking company Tenna for $439 million. The company employs about 73,100 people.
Industry position
Deere defines itself as a global leader in agriculture, construction, and forestry equipment and solutions. In fiscal 2025 the Production & Precision Agriculture, Small Agriculture & Turf, and Construction & Forestry segments recorded net sales of $17.311 billion, $10.224 billion, and $11.382 billion, about 45%, 26%, and 29% of equipment net sales; total revenue was $45.684 billion and R&D spending was $2.311 billion. In agricultural equipment its most directly comparable peers are AGCO and CNH, while in construction machinery Caterpillar—whose business is weighted more toward construction, mining, and power systems—is a stronger competitor.