Deere & Co - Company Profile
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Business Description
Deere & Co (John Deere) manufactures and distributes agriculture and construction equipment. It offers loaders, harvesting equipment, tillage, seeding and application equipment, turf and utility equipment, crawler dozers and loaders, excavators, log skidders and landscape loaders. The company also provides financial services and other related services.
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R&D Overview
John Deere focuses on developing new products for emerging agriculture needs. It emphasizes investing in technology, research, and development to deliver intelligent solutions to its customers. Its novel solutions are a combination of hardware and devices, embedded software, connectivity, data platforms, and applications with enhanced digital capabilities, automation, autonomy, and alternative power technologies. The company's R&D activities are managed through its 53 administrative offices and research facilities located across the world. In FY2023, the company spent US$2,177 million on R&D activities which stood at 3.91% of the company’s total revenue.
Business Segments
- Construction and Forestry
- Financial Services Revenues
- Other Revenue
- Production and Precision Agriculture
- Small AG and Turf
- Financial Services
Overview
Manufactures a range of products such as backhoe loaders, skid-steer loaders, crawler dozers and loaders, landscape loaders, excavators, articulated dump trucks, log feller bunchers, log skidders and loaders, log forwarders and harvesters and various attachments. Key brands include John Deere, Waratah, Wirtgen, Vogele, Hamm, Kleeman, Benninghoven and Ciber.
Performance
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Overview
Offers finances and leases for new and used agriculture and construction equipment that are manufactured by the company. It also offers wholesale financing to foregoing equipment dealers and finances retail revolving charge accounts.
Overview
Comprises revenue from finance and interest income of the production & precision, small ag & turf, and construction & forestry segments.
Performance
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Overview
Develops, and provides global equipment and technology solutions. It caters to the requirements of production-scale growers of large grains, small grains, cotton, and sugar. It offers large and mid-size tractors, combines, sugarcane harvesters and loaders, cotton pickers, as well as machinery for seeding, soil preparation, application and crop care.
Performance
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Overview
Develops, and delivers global equipment and technology solutions and caters to the requirements of dairy and cattle producers, high-value crop producers and turf and utility customers. It manufactures mid-size and small tractors, riding and commercial lawn equipment, hay and forage equipment, golf course equipment, and utility vehicles, among others, are the segment's main products.
Performance
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Performance
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Geographical Segments
- Asia, Africa, Oceania, and Middle East
- Canada
- Central Europe and CIS
- Latin America
- United States
- Western Europe
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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