Deere & Company operates in the Industrials sector, within the Agricultural and Construction Machinery industry. Founded in 1837 by John Deere, the company is headquartered in Moline, Illinois.

Deere designs and manufactures equipment primarily for agriculture, construction, and forestry markets.

Its core offerings include:

• Agricultural machinery such as tractors and harvesters.

• Construction and earthmoving equipment.

• Forestry machinery.

• Irrigation systems and replacement parts.

• Precision agriculture and digital technology solutions.

Products are sold under the John Deere brand through a global network of independent dealers.

In addition to equipment manufacturing, the company provides financing and leasing services through its financial services division, supporting customers and dealers.

Deere operates in more than 160 countries, with manufacturing facilities, distribution centers, dealerships, and technology hubs worldwide.

Performance is influenced by agricultural commodity prices, farm income levels, construction activity, infrastructure investment, global trade conditions, and technology adoption in precision farming.

Deere shares trade on the New York Stock Exchange (NYSE) under the ticker DE.

History and Development

Deere & Company was founded in 1837 when John Deere developed a polished steel plow capable of cutting through dense Midwestern soil, improving farming efficiency.

As demand for mechanized farming equipment increased, the company expanded into tractors and other agricultural machinery, becoming a leading supplier to farmers.

In the 20th century, Deere diversified into construction equipment and broadened its international presence.

Over time, the company introduced precision agriculture technologies, incorporating GPS, data analytics, and digital monitoring systems into its equipment.

In recent years, Deere has focused on automation, electrification, and autonomous machinery, investing in connected equipment and software platforms designed to improve productivity and efficiency.

Today, Deere positions itself as a global manufacturer of agricultural and construction equipment with an increasing emphasis on digital and autonomous solutions.

Additional Information

Deere & Company (United States) is listed on the NYSE and has a market capitalization of $171.99 billion, with shareholders equity totaling $28.00 billion.

The company employs approximately 75.600 people and operates in the Industrial sector, within the Machinery industry.

Over the past 12 months, Deere & Company reported $47.98 billion in revenue, generating net income of $4.87 billion.

Key financial metrics include a P/E ratio of 35.29, a price-to-book (P/B) ratio of 6.14, and a trailing twelve-month dividend yield of 1.02%.

The company trades under the ticker DE.