John Deere

Manufactures agricultural, construction, and forestry equipment

Moline, Illinois, United States

About John Deere

John Deere operates in the agricultural, construction, and forestry equipment markets, providing a variety of machinery and solutions to enhance productivity for clients such as farmers, construction companies, and golf course managers. Their product range includes tractors, planting equipment, excavators, and specialized turf equipment. John Deere's business model involves direct sales, dealer networks, and after-sales services, generating revenue from new equipment, parts, maintenance, and financing. They also invest in technology solutions like precision agriculture to help clients optimize operations. With a global presence, John Deere caters to both large and small enterprises, focusing on sustainability and compliance with environmental regulations. Their goal is to deliver reliable equipment and exceptional customer support, solidifying their position as a leader in the industry.

Moline, IllinoisHeadquarters
1837Year Founded
IPOCompany Stage
Data & Analytics, Industrial & Manufacturing, EnergyIndustries
10,001+Employees

Risks

Increased competition from CNH Industrial and AGCO in autonomous machinery.
Supply chain vulnerabilities, especially semiconductor shortages, impact autonomous machinery production.
Recent product recalls, like zero-turn mowers, risk customer dissatisfaction and brand reputation.

Differentiation

John Deere leads in autonomous machinery with advanced LiDAR and camera systems.
The company offers a diverse product lineup across agriculture, construction, and forestry sectors.
John Deere's commitment to sustainability aligns with global trends towards reduced emissions.

Upsides

Growing demand for precision agriculture boosts John Deere's advanced machinery sales.
Electric tractor market growth presents lucrative opportunities for John Deere's new models.
Sustainable farming practices increase demand for John Deere's eco-friendly machinery.

Funding

Total raised$26
StageIPO
POST IPO DEBT
3/31/2024
$26
POST IPO EQUITY
3/31/2024
N/A