Skip to Content
  • Revenues ($M)$28,863
  • Revenue Percent Change-20%
  • Profits ($M)$1,940
  • Profits Percent Change-38.6%
  • Assets ($M)$57,948
  • Employees57,180
  • Market Value — as of March 31, 2016 ($M)$24,277
  • Previous Rank86
  • Morning Consult Brand Index

The top maker of agricultural machinery is taking a page from Silicon Valley, investing in mobile apps that let farmers monitor the spacing between seeds and connecting its iconic green tractors and combines with sensors that detect when a machine needs to be repaired or replaced. The new focus on tech is an effort to fight slumping sales. But it’s an uphill battle. Falling crop prices have put a massive dent in Deere’s sales, which came in at $28.9 billion in 2015, 20% down from the year before. What’s worse, the company expects that 2016 will be even worse for the farming business.

Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

Company Info

Samuel R. Allen
Construction and Farm Machinery
HQ Location
Moline, IL
Years on Fortune 500 List22
Figures are for fiscal year ended Oct. 31, 2015.

Key Financials (last fiscal year)

$ millions% change
Revenues ($M)$28,863-20%
Profits ($M)$1,940-38.6%
Assets ($M)$57,948-
Total Stockholder Equity ($M)$6,743-
Market Value — as of March 31, 2016 ($M)$24,277-

Profit Ratios

Profit as % of Revenues6.7%
Profits as % of Assets3.3%
Profits as % of Stockholder Equity28.8%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)5.77
EPS % Change (from 2014)-33.1%
EPS % Change (5 year annual rate)5.8%
EPS % Change (10 year annual rate)7%

Total Return

Total Return to Investors (2015)-11.4%
Total Return to Investors (5 year, annualized)0.6%
Total Return to Investors (10 year, annualized)10.7%