Deere Cash Flow Statement
NYSE: DEIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Deere free cash flow
In fiscal 2025, Deere generated $7.46 billion of operating cash flow and spent $1.36 billion on capital expenditures. That left free cash flow of $6.10 billion, a free-cash-flow margin of 13.4% of revenue. Free cash flow was down 19.7% from the prior year's $7.59 billion.
Deere returned $2.86 billion to shareholders: $1.72 billion in dividends and $1.14 billion in share repurchases, equal to 47% of free cash flow. Free cash flow covered dividend payments 3.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
Deere cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-11-02 | FY 20242024-10-27 | FY 20232023-10-29 | FY 20222022-10-30 | FY 20212021-10-31 | FY 20202020-11-01 | FY 20192019-11-03 | FY 20182018-10-28 | FY 20172017-10-29 | FY 20162016-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 5.00B | 7.09B | 10.15B | 7.13B | 5.96B | 2.75B | 3.26B | 2.37B | 2.16B | 1.52B |
| Net Income growth (YoY) | -29.49% | -30.20% | +42.43% | +19.53% | +116.67% | -15.47% | +37.37% | +9.82% | +41.90% | 0.00% |
| Depreciation & Amortization | 2.23B | 2.12B | 2.00B | 1.90B | 2.05B | 2.12B | 2.02B | 1.93B | 1.72B | 1.56B |
| Stock-Based Compensation | 151.00M | 208.00M | 130.00M | 85.00M | 82.00M | 81.00M | 82.00M | 84.00M | 68.00M | 70.60M |
| Change in Working Capital | 558.00M | 169.00M | -3.14B | -3.44B | 356.00M | 2.40B | -1.60B | -2.58B | -1.18B | 73.90M |
| Operating Cash Flow | 7.46B | 9.23B | 8.59B | 4.70B | 7.73B | 7.48B | 3.41B | 1.82B | 2.20B | 3.76B |
| Capital Expenditures | -1.36B | -1.64B | -1.50B | -1.13B | -848.00M | -820.00M | -1.12B | -896.00M | -595.00M | -644.40M |
| Investing Cash Flow | -2.06B | -6.46B | -8.75B | -8.48B | -5.75B | -3.32B | -3.92B | -8.18B | -1.66B | -1.18B |
| Dividends Paid | -1.72B | -1.60B | -1.43B | -1.31B | -1.04B | -956.00M | -943.00M | -806.00M | -764.00M | -761.30M |
| Share Repurchases | -1.14B | -4.01B | -7.22B | -3.60B | -2.54B | -750.00M | -1.25B | -958.00M | -6.00M | -205.40M |
| Debt Issued | — | — | — | 10.36B | 8.72B | 9.27B | 9.99B | 8.29B | 8.70B | 5.07B |
| Debt Repaid | — | — | — | -8.45B | -7.09B | -7.38B | -6.43B | -6.25B | -5.40B | -5.27B |
| Financing Cash Flow | -4.58B | -2.72B | 2.81B | 826.00M | -1.08B | -980.00M | 509.00M | 876.00M | 4.29B | -2.40B |
| Net Change in Cash | 900.00M | 13.00M | 2.68B | -3.18B | 953.00M | 3.22B | -59.00M | -5.45B | 4.98B | 173.60M |
| Free Cash Flow | 6.10B | 7.59B | 7.09B | 3.56B | 6.88B | 6.66B | 2.29B | 926.00M | 1.60B | 3.12B |
This table shows 10 annual periods of Deere's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow DE's reporting calendar. What is a cash flow statement?