Deere & annual free cash flow
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2025
Deere & Free Cash Flow (FCF) History (DE)
Deere & reported $6.10B in free cash flow for fiscal 2025, a decrease of 19.65% from the previous fiscal year, with a free cash flow margin of 13.35%.
View full Deere & company overviewDeere & free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-11-02 | $6.10B | −$1.49B | −19.65% | +13.35% |
| 2024 | 2024-10-27 | $7.59B | $500.0M | +7.05% | +14.68% |
| 2023 | 2023-10-29 | $7.09B | $3.53B | +98.91% | +11.58% |
| 2022 | 2022-10-30 | $3.56B | −$3.31B | −48.17% | +6.78% |
| 2021 | 2021-10-31 | $6.88B | $215.0M | +3.23% | +15.62% |
| 2020 | 2020-11-01 | $6.66B | $4.37B | +190.71% | +18.75% |
| 2019 | 2019-11-03 | $2.29B | $1.37B | +147.52% | +5.84% |
| 2018 | 2018-10-28 | $926.0M | −$675.0M | −42.16% | +2.48% |
| 2017 | 2017-10-29 | $1.60B | −$1.52B | −48.68% | +5.38% |
| 2016 | 2016-10-31 | $3.12B | $73.6M | +2.42% | +11.71% |
| 2015 | 2015-10-31 | $3.05B | $568.7M | +22.95% | +10.55% |
| 2014 | 2014-10-31 | $2.48B | $381.7M | +18.21% | +6.87% |
| 2013 | 2013-10-31 | $2.10B | $2.25B | — | +5.55% |
| 2012 | 2012-10-31 | −$151.5M | −$1.42B | — | −0.42% |
| 2011 | 2011-10-31 | $1.27B | −$250.8M | −16.49% | +3.97% |
| 2010 | 2010-10-31 | $1.52B | $442.4M | +41.04% | +5.85% |
| 2009 | 2009-10-31 | $1.08B | $241.4M | +28.85% | +4.66% |
| 2008 | 2008-10-31 | $836.7M | −$900.2M | −51.83% | +2.94% |
| 2007 | 2007-10-31 | $1.74B | — | — | +7.21% |
Deere & quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-05-03 | $1.74B | $240.0M | +16.03% | +12.99% |
| Q1 2026 | 2026-02-01 | −$1.15B | $338.0M | — | −11.92% |
| Q4 2025 | 2025-11-02 | $3.49B | −$1.01B | −22.42% | +28.13% |
| Q3 2025 | 2025-07-27 | $2.60B | −$272.0M | −9.47% | +21.63% |
| Q2 2025 | 2025-04-27 | $1.50B | $2.0M | +0.13% | +11.73% |
| Q1 2025 | 2025-01-26 | −$1.48B | −$214.0M | — | −17.44% |
| Q4 2024 | 2024-10-27 | $4.50B | −$587.0M | −11.55% | +40.34% |
| Q3 2024 | 2024-07-28 | $2.87B | $131.0M | +4.78% | +21.83% |
| Q2 2024 | 2024-04-28 | $1.50B | $665.0M | +80.12% | +9.81% |
| Q1 2024 | 2024-01-28 | −$1.27B | $291.0M | — | −10.42% |
| Q4 2023 | 2023-10-29 | $5.08B | $1.34B | +35.77% | +32.98% |
| Q3 2023 | 2023-07-30 | $2.74B | $810.0M | +41.97% | +17.34% |
| Q2 2023 | 2023-04-30 | $830.0M | $192.0M | +30.09% | +4.77% |
| Q1 2023 | 2023-01-29 | −$1.56B | $1.19B | — | −12.34% |
| Q4 2022 | 2022-10-30 | $3.74B | $687.0M | +22.48% | +24.09% |
| Q3 2022 | 2022-07-31 | $1.93B | −$426.0M | −18.08% | +13.69% |
| Q2 2022 | 2022-05-01 | $638.0M | −$839.0M | −56.80% | +4.77% |
| Q1 2022 | 2022-01-30 | −$2.75B | −$2.73B | — | −28.70% |
| Q4 2021 | 2021-10-31 | $3.06B | −$144.0M | −4.50% | +26.98% |
| Q3 2021 | 2021-08-01 | $2.36B | −$772.0M | −24.68% | +20.44% |
| Q2 2021 | 2021-05-02 | $1.48B | $363.0M | +32.59% | +12.25% |
| Q1 2021 | 2021-01-31 | −$11.0M | $768.0M | — | −0.12% |
| Q4 2020 | 2020-11-01 | $3.20B | $556.0M | +21.03% | +32.88% |
| Q3 2020 | 2020-08-02 | $3.13B | $1.49B | +91.43% | +35.05% |
| Q2 2020 | 2020-05-03 | $1.11B | $1.15B | — | +12.04% |
| Q1 2020 | 2020-02-02 | −$779.0M | $1.17B | — | −10.21% |
| Q4 2019 | 2019-11-03 | $2.64B | $475.0M | +21.90% | +26.72% |
| Q3 2019 | 2019-07-28 | $1.63B | $1.30B | +396.20% | +16.28% |
| Q2 2019 | 2019-04-28 | −$38.0M | $62.0M | — | −0.34% |
| Q1 2019 | 2019-01-27 | −$1.95B | −$475.7M | — | −24.40% |
| Q4 2018 | 2018-10-28 | $2.17B | $923.6M | +74.16% | +23.03% |
| Q3 2018 | 2018-07-29 | $329.3M | −$443.0M | −57.36% | +3.19% |
| Q2 2018 | 2018-04-29 | −$100.0M | −$575.2M | — | −0.93% |
| Q1 2018 | 2018-01-28 | −$1.47B | −$580.4M | — | −21.30% |
| Q4 2017 | 2017-10-29 | $1.25B | −$941.6M | −43.05% | +15.53% |
| Q3 2017 | 2017-07-30 | $772.3M | −$705.6M | −47.74% | +9.89% |
| Q2 2017 | 2017-04-30 | $475.2M | $102.6M | +27.54% | +5.73% |
| Q1 2017 | 2017-01-29 | −$891.9M | $25.7M | — | −15.86% |
| Q4 2016 | 2016-10-31 | $2.19B | −$128.9M | −5.57% | — |
| Q3 2016 | 2016-07-31 | $1.48B | $268.5M | +22.20% | +21.98% |
| Q2 2016 | 2016-05-01 | $372.6M | $157.5M | +73.22% | +4.73% |
| Q1 2016 | 2016-01-31 | −$917.6M | −$223.5M | — | −16.61% |
| Q4 2015 | 2015-10-31 | $2.32B | −$120.5M | −4.95% | +34.49% |
| Q3 2015 | 2015-07-31 | $1.21B | −$89.9M | −6.92% | +15.93% |
| Q2 2015 | 2015-04-30 | $215.1M | $476.3M | — | +2.63% |
| Q1 2015 | 2015-01-31 | −$694.1M | $302.8M | — | −10.87% |
| Q4 2014 | 2014-10-31 | $2.44B | $133.2M | +5.78% | +27.18% |
| Q3 2014 | 2014-07-31 | $1.30B | −$153.4M | −10.56% | +13.68% |
| Q2 2014 | 2014-04-30 | −$261.2M | −$144.6M | — | −2.63% |
| Q1 2014 | 2014-01-31 | −$996.9M | $546.5M | — | −13.02% |
| Q4 2013 | 2013-10-31 | $2.30B | $510.9M | +28.51% | +24.37% |
| Q3 2013 | 2013-07-31 | $1.45B | $1.36B | +1403.83% | +14.51% |
| Q2 2013 | 2013-04-30 | −$116.6M | $427.9M | — | −1.07% |
| Q1 2013 | 2013-01-31 | −$1.54B | −$47.5M | — | −20.80% |
| Q4 2012 | 2012-10-31 | $1.79B | $477.2M | +36.29% | +18.30% |
| Q3 2012 | 2012-07-31 | $96.6M | −$964.3M | −90.89% | +1.01% |
| Q2 2012 | 2012-04-30 | −$544.5M | −$553.4M | — | −5.44% |
| Q1 2012 | 2012-01-31 | −$1.50B | −$380.7M | — | −22.11% |
| Q4 2011 | 2011-10-31 | $1.32B | $425.2M | +47.78% | +15.27% |
| Q3 2011 | 2011-07-31 | $1.06B | $535.7M | +102.00% | +12.67% |
| Q2 2011 | 2011-04-30 | $8.9M | −$577.5M | −98.48% | +0.10% |
| Q1 2011 | 2011-01-31 | −$1.12B | −$634.2M | — | −18.22% |
| Q4 2010 | 2010-10-31 | $889.9M | −$352.6M | −28.38% | +12.36% |
| Q3 2010 | 2010-07-31 | $525.2M | −$940.4M | −64.16% | +7.68% |
| Q2 2010 | 2010-04-30 | $586.4M | $338.8M | +136.83% | +8.22% |
| Q1 2010 | 2010-01-31 | −$481.0M | $1.40B | — | −9.95% |
| Q4 2009 | 2009-10-31 | $1.24B | — | — | +23.29% |
| Q3 2009 | 2009-07-31 | $1.47B | — | — | +24.91% |
| Q2 2009 | 2009-04-30 | $247.6M | — | — | +3.67% |
| Q1 2009 | 2009-01-31 | −$1.88B | — | — | −36.49% |
Deere & free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $6.66B to $6.10B, a compound annual decline of 1.75%. Deere &'s latest reported quarter, Q2 2026, generated $1.74B in free cash flow, an increase of 16.03% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Deere & filings at SEC.gov ↗