Deere (DE) Pre-Tax Income: $6,436 Mil (TTM As of Jul. 2026)

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DE Deere & Co DE
89 GF Score
Price $685.34
GF Value $436.42
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Deere Pre-Tax Income?

Deere DE +1.37% 89 Pre-Tax Income is $6,436 Mil as of Jul. 2026. GuruFocus rates DE with a GF Score™ of 89/100 and a GF Value™ of $436.42 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Deere's pretax income for the three months ended in Jul. 2026 was $1,882 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jul. 2026 was $6,436 Mil. Deere's pretax margin was 15.24%.

During the past 13 years, Deere's highest Pretax Margin was 21.61%. The lowest was 8.59%. And the median was 12.60%.


Deere  (NYSE:DE) Pre-Tax Income Explanation

Deere's Pretax Margin for the quarter that ended in Jul. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=1882/12352
=15.24%

During the past 13 years, Deere's highest Pretax Margin was 21.61%. The lowest was 8.59%. And the median was 12.60%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Deere Pre-Tax Income Related Terms


Deere Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Deere's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Deere Pre-Tax Income Chart

Deere Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,602.00 9,127.00 13,019.00 9,206.00 6,257.00

Deere Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,600.00 1,425.00 836.00 2,293.00 1,882.00

DE vs PCAR, CNH, OSK: Pre-Tax Income Comparison

For the Farm & Heavy Construction Machinery subindustry, Deere's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Deere Pre-Tax Income vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Deere's Pre-Tax Income falls into.


DE
89GF Score
Deere & Co DE
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deere Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Deere's Pretax Income for the fiscal year that ended in Oct. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=8416+1011+-3170+0+0
=6,257

Deere's Pretax Income for the quarter that ended in Jul. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2336+256+-710+0+0
=1,882

Pre-Tax Income for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,436 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $6,436 Mil mean?
Deere (DE) has a Pre-Tax Income of $6,436 Mil as of Jul. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Deere and its competitors.
Is Deere's Pre-Tax Income too high?
Deere's current Pre-Tax Income is $6,436 Mil. Overall, Deere has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deere's Pre-Tax Income compare to PCAR and CNH?
Deere's Pre-Tax Income of $6,436 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Farm & Heavy Construction Machinery company?
A good Pre-Tax Income depends on the Farm & Heavy Construction Machinery industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Deere and its competitors. Deere's current Pre-Tax Income is $6,436 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deere stock overvalued right now?
Based on GuruFocus' analysis, Deere (DE) is currently considered Significantly Overvalued. The stock's GF Value™ is $436.42, compared to a current price of $685.34 — trading 57% above its estimated fair value. The current Pre-Tax Income is $6,436 Mil. Deere's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Deere (DE), the current Pre-Tax Income is $6,436 Mil as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Deere (DE) Overvalued in 2026?

Based on GuruFocus' analysis, Deere stock appears to be overvalued. The current stock price of $685.34 is trading 57% above its estimated GF Value™ of $436.42. GuruFocus considers Deere to be Significantly Overvalued.

Key valuation signals for DE:

  • Pre-Tax Income: $6,436 Mil
  • GF Value™: $436.42 vs. price of $685.34 (57% above fair value)
  • GF Score™: 89/100 with 7 warning signs

No single metric tells the full story. See the DE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deere Business Description

Address One John Deere Place, Moline, IL, USA, 61265
Deere is the world's leading manufacturer of agricultural equipment and a major producer of construction machinery. The company is divided into four reporting segments: production & precision agriculture, or PPA, small agriculture & turf, or SAT, construction & forestry, or CF, and financial services, or FS, its captive finance subsidiary. The core PPA business is the largest contributor to sales and profits by far. Geographically, Deere sales are 60% US/Canada, 17% Europe, 14% Latin America, and 9% rest of the world. Deere goes to market through a robust dealer network that includes over 2,000 dealer locations in North America with reach into over 100 countries. John Deere Financial provides retail financing for machinery to its customers and wholesale financing for dealers.
89GF Score

Get the complete analysis for DE

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$685.34
Price
$436.42
GF Value