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Deere & Company operates in the Industrial sector, within the Machinery industry, and was founded in 1837 in the United States by John Deere.
Headquartered in Moline, Illinois, the company is one of the world’s leading manufacturers of agricultural, construction, and forestry equipment.
The company designs, manufactures, and markets tractors, harvesters, irrigation systems, construction machinery, forestry equipment, and replacement parts, in addition to offering technological solutions that optimize equipment performance and usage.
Deere’s products are sold under the John Deere brand and distributed through an extensive network of dealers and authorized resellers.
In addition, the company provides financial services through John Deere Financial, which offers financing and leasing solutions for customers and dealers.
With operations in over 160 countries, Deere maintains a strong presence across North America, Latin America, Europe, Asia, and Oceania.
Its equipment primarily serves the agriculture, construction, mining, and forestry sectors and is widely recognized for integrating advanced technologies such as automation, artificial intelligence, and digital connectivity.
Deere’s competitiveness is driven by key factors such as agricultural modernization, growing demand for mechanization, and continuous technological innovation.
To sustain its leadership, the company invests heavily in the development of autonomous machinery, precision agriculture solutions, and energy-efficient equipment.
Its operational structure includes manufacturing plants, distribution centers, dealerships, technology hubs, and a financial division.
With approximately 75,600 employees, Deere maintains a production model that combines innovation and efficiency to meet the demands of a global market.
History and Foundation of Deere & Company
Deere & Company was founded in 1837 when John Deere, a blacksmith from Illinois, developed a polished steel plow designed to cut more effectively through the dense prairie soils of the American Midwest.
The innovation quickly gained popularity among farmers, leading to the company’s expansion and increased production of agricultural implements.
In the following decades, Deere broadened its product portfolio to include tractors, harvesters, and other agricultural machinery.
The mechanization of agriculture boosted demand for efficient equipment, consolidating John Deere as a leading supplier in the sector.
Over the years, the company achieved several key milestones:
1918: Acquisition of the Waterloo Gasoline Engine Company, marking the beginning of tractor production.
1958: Expansion into the construction equipment market, diversifying its operations.
1990–2000: Introduction of precision agriculture technologies, including GPS and digital monitoring systems.
2017: Launch of autonomous and smart machines aimed at optimizing agricultural productivity.
2020–2024: Advancements in electrification, automation, and digital connectivity, driving adoption of autonomous machinery and precision farming tools.
In recent years, Deere & Company has focused its investments on digitalization and sustainability, aligning with industry transformation and increasing demand for connected, high-efficiency equipment.
Currently led by CEO John C. May, the company operates under the oversight of industrial and financial regulatory bodies across the markets in which it operates.
Today, Deere continues to develop new technologies for the agribusiness, construction, and forestry sectors, strengthening its global presence and long-standing reputation for innovation and reliability.
Additional Information
The Company Deere & Company (United States), is listed on NYSE with a market cap of $ 132.04 Billions, having an equity of $ 25.26 Billions.
With a total of 75.600 employees, the company is listed in the sector of Industrial and categorized in industry of Machinery.
In the last 12 months the Company had a revenue of $ 43.40 Billions, which generated a profit in the amount of $ 5.21 Billions.
As for its main indicators, the Company has a P/E ratio of 25.36, a P/BV ratio of 5.23 and in the last 12 months the dividend yield of DE was at 1.33%.
The Company is traded internationally through the ticker DE.
