
John Deere Construction
John Deere is one of the world's most iconic heavy equipment manufacturers, founded in 1837 in Grand Detour, Illinois, United States. Deere & Company generated total net sales of $51.7 billion in FY2025, with its Construction & Forestry division delivering approximately $13 billion in revenue while demonstrating remarkable counter-cyclical strength—the division surged 27% in Q4 2025 even as agricultural equipment sales declined 12%. The company employs ~83,000 people globally and manufactures construction equipment across multiple US facilities including Davenport (Iowa), Dubuque (Iowa), and Kernersville (North Carolina), where a $1 billion, 10-year expansion is underway to reshore excavator production. Deere's unmatched brand loyalty, precision-grade control technology, and 180+ year heritage command premium pricing and exceptional residual values across all equipment categories.
Strengths: Unrivaled brand equity with 180+ year heritage commanding premium pricing and 15-25% higher resale values than competitors across construction equipment classes. Industry-leading precision technology through integrated grade control, payload weighing, and JDLink telematics—the company's fully autonomous 460 P-Tier articulated dump truck and 850 X-Tier dozer represent state-of-the-art autonomous earthmoving capability. Strategic reshoring investment of $1 billion over 10 years to expand excavator production in Kernersville, North Carolina, providing critical tariff insulation as US infrastructure spending accelerates under the IIJA. Diversified business portfolio spanning agriculture, construction, and forestry creates natural hedging—when agricultural equipment faced a 12% decline in FY2025, the Construction & Forestry segment offset with a 27% surge. Exceptional dealer network with 1,900+ locations providing unmatched parts availability, field service, and customer support density across North America.
Weaknesses: Deep cyclical exposure to agricultural commodity prices, interest rates, and infrastructure spending cycles creates significant revenue volatility—Deere reduced its workforce by thousands in 2024-2025 during the agricultural downturn before rapidly rehiring 300+ workers for construction lines. Limited presence in ultra-class mining equipment (100+ tonne excavators, 300+ tonne rigid dump trucks) compared to Caterpillar and Komatsu, restricting access to the industry's highest-margin segment. Concentrated geographic revenue with approximately 60% of sales from North America, creating vulnerability to regional economic contractions despite growing international presence. Product concentration risk in agricultural machinery (57% of total revenue) means Deere's overall financial health is more leveraged to farm economics than construction market dynamics.Read MoreShow Less
Strengths: Unrivaled brand equity with 180+ year heritage commanding premium pricing and 15-25% higher resale values than competitors across construction equipment classes. Industry-leading precision technology through integrated grade control, payload weighing, and JDLink telematics—the company's fully autonomous 460 P-Tier articulated dump truck and 850 X-Tier dozer represent state-of-the-art autonomous earthmoving capability. Strategic reshoring investment of $1 billion over 10 years to expand excavator production in Kernersville, North Carolina, providing critical tariff insulation as US infrastructure spending accelerates under the IIJA. Diversified business portfolio spanning agriculture, construction, and forestry creates natural hedging—when agricultural equipment faced a 12% decline in FY2025, the Construction & Forestry segment offset with a 27% surge. Exceptional dealer network with 1,900+ locations providing unmatched parts availability, field service, and customer support density across North America.
Weaknesses: Deep cyclical exposure to agricultural commodity prices, interest rates, and infrastructure spending cycles creates significant revenue volatility—Deere reduced its workforce by thousands in 2024-2025 during the agricultural downturn before rapidly rehiring 300+ workers for construction lines. Limited presence in ultra-class mining equipment (100+ tonne excavators, 300+ tonne rigid dump trucks) compared to Caterpillar and Komatsu, restricting access to the industry's highest-margin segment. Concentrated geographic revenue with approximately 60% of sales from North America, creating vulnerability to regional economic contractions despite growing international presence. Product concentration risk in agricultural machinery (57% of total revenue) means Deere's overall financial health is more leveraged to farm economics than construction market dynamics.
Listed market data
DE · NYSE · weeklyHistory →- Market cap
- $179 B
- Share price
- USD 663.31
- 1Y change
- +45.1%
- Recent change
- -1.9%
- Since first close
- ×269
- Revenue (TTM)
- $51.7B total (FY2025, Deere & Co); Construction & Forestry ~$13B
11-04 → 11-05
from 1972-06
Financial history
Full market history- 2026-11USD 663.31$179 B-1.8%
- 2026-10USD 675.48$183 B+0.6%
- 2026-09USD 671.55$182 B+2.5%
- 2026-08USD 654.91$177 B+10.5%
- 2026-07USD 592.67$160 B-6.6%
- 2026-06USD 634.33$172 B+17.0%
- 2026-05USD 542.18$147 B-8.1%
- 2026-04USD 589.87$160 B+4.7%
- 2026-03USD 563.30$152 B-10.5%
- 2026-02USD 629.71$170 B+19.3%
- 2026-01USD 528.00$143 B+13.4%
- 2025-12USD 465.57$126 B—
Ownership & Control
Shareholding as of 2026-06-30- Controlling entity
- Publicly held — no controlling shareholder disclosed
- Company type
- Manufacturer
- Insiders
- 0.17%
- Institutions
- 84.35%(3,397 holders)
- Free float
- 84.49%
Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.
In the press
All coverage →5 latest headlines11- McCoy earns award from John Deere - Dailypress.netwww.dailypress.net2026-10-20
- Deere (DE) Suffers a Larger Drop Than the General Market: Key Insightsfinance.yahoo.com2026-10-16
- Deere (DE) Stock May Be 15% Undervalued Following Federal Scrutinyfinance.yahoo.com2026-10-15
- Investors Heavily Search Deere & Company (DE): Here is What You Need to Knowfinance.yahoo.com2026-10-14
- Which Industrials Stock Do Analysts Like Better: Deere or Caterpillar?fool.com2026-10-13
• Backhoe Loaders — Hydraulic backhoe loaders
• Dozers — Small, medium, and large dozers
• Scrapers — Scraper loaders
• Motor Graders — G-series motor graders
• Excavators — Crawler excavators, wheeled excavators
• Skid Steers & Compact Track Loaders — Compact track loaders, wheeled skid steers
• Excavator Attachments — Hydraulic hammers, vibratory hammers, hydraulic thumbs
• Forestry Equipment
Quick Facts
Headquarters
Moline, Illinois, United States
Founded
1837
Employees
~83,000 (total Deere & Co)
Revenue
$51.7B total (FY2025, Deere & Co); Construction & Forestry ~$13B
Market cap
$179 B
Factories
Davenport & Dubuque (Iowa) — dozers, graders, articulated trucks, backhoes, wheel loaders; Kernersville (North Carolina) — excavators ($1B expansion underway); Thibodaux (Louisiana) — compact equipment; 20+ facilities total
Presence
1,900+ dealer locations across North America; expanding international distribution in 60+ countries, with strongest presence in United States, Canada, Brazil, and Australia
Listing
NYSE:DE
Categories
Related
Similar listed companies
- The Home Depot, Inc.· $349 B
- Caterpillar· $254 B
- Siemens AG· $235 B
- John Deere· $178 B
- Lowe's Companies, Inc.· $128 B
- Atlas Copco AB· $90.1 B
Data Sources & Methodology
This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.
VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.
Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.
Key references: Official Website NYSE:DE , Deere & Company Q4 FY2025 Earnings Release
Yellow Table 2026 – KHL Group Global Rankings
John Deere – Wikipedia
Deere & Company – US Manufacturing Overview
Deere & Company SEC Filing – FY2025
