Deere & Company (also referred to as John Deere) is a U.S.-based manufacturer of agricultural and forest machinery, heavy equipment, and diesel engines whose history dates back to 1804. Nowadays, Deere & Company has become one of the largest construction equipment and farm machinery manufacturers in the world. In 2022, Deere & Company was the leading farm machinery manufacturer and the fourth-largest construction machinery manufacturer globally in terms of revenue. In 2022, the Fortune Global 500 company employed over 82,000 people in divisions around the world.
Business performance of John Deere
In 2022, global net sales and other revenue streams came to around 53 billion U.S. dollars. Net income that same year reached just over seven billion U.S. dollars. In 2022, the company held total assets to the value of over 90 billion U.S. dollars. John Deere’s largest competitors include CNH Industrial (U.K.), Kubota Corp. (Japan), AGCO (U.S.), and Claas KGaA (Germany).
Business segments
John Deere has four streams of revenue after implementing a new reporting structure in 2021: production and precision agriculture, small agriculture and turf, construction and forestry, and financial services. Production and precision agriculture, the company's largest segment, produces a wide range of equipment and technology solutions. Among its most popular products, there are various types of tractors, combines, sugarcane and cotton harvesters, as well as crop care equipment. In the 2022 fiscal year, the company generated over 22 billion U.S. dollars in revenue from this segment alone. Construction and forestry manufactures a range of machines used in construction, such as four-wheel-drive loaders or excavators, and in forestry, such as log loaders and harvesters, in addition to related accessories and services.
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FAQs
You will want to dress in business attire, typically a suit. It's always a good idea to look your best during an interview.
What is a weakness of John Deere? ›
Weaknesses. Dependence on Economic Cycles: Deere & Co's performance is closely tied to the agricultural and construction sectors, which are subject to economic fluctuations.
What are John Deere's core values? ›
Our core values – integrity, quality, commitment, and innovation – provide an enduring foundation for our success.
Are jeans OK for a job interview? ›
If you choose to wear jeans to a job interview, opt for a dark wash with a straight or slim fit, free of any rips or heavy distressing. Pair them with a tailored blazer, a crisp button-down shirt, or a smart blouse to elevate the look.
What color clothes are best for interview? ›
While small amounts of color, such as red, can convey authority and be appropriate for leadership positions, aim to limit the amount of color. Use neutral colors, such as navy, black, gray or brown, as the main color of your outfit. Include bright colors as accents only.
Why are people boycotting John Deere? ›
After years of discrimination and inequitable treatment by the iconic company, Boyd said the boycott draws attention to John Deere's unfairness and lack of respect and delayed responsiveness for the NBFA and its members.
Why is John Deere controversial? ›
… is an agricultural heavy hitter, holding 53% of the tractor market in the US. But for years, farmers have anguished over getting their machines repaired. Deere forces farmers to go to dealerships by restricting access to tools and documentation, and employing software locks only dealers can disable.
What is the slogan of John Deere? ›
Deere & Company is listed on the New York Stock Exchange under the symbol DE. The company's slogan is "Nothing Runs Like a Deere", and its logo is a leaping deer with the words "JOHN DEERE". It has used various logos incorporating a leaping deer for over 155 years. It is headquartered in Moline, Illinois.
Why do you want to work for John Deere? ›
At John Deere, you are empowered to create a career that will take you where you want to go. Here, you will enjoy the freedom to explore new projects, the support to think outside the box and the advanced tools and technology that foster innovation and achievement.
What is the JD round in an interview? ›
JD stands for “Job Description”. This is a written summary of the responsibilities, activities, qualifications, and skills required for a job position. This document should state the highlights of the company such as mission, culture, employee benefits, position report, salary, etc.
STAR stands for Situation, Task, Action and Result and it's a technique you can use to not only strengthen your answers but create a narrative and structure as well. We recommend the STAR interview method to candidates who want to tailor direct and concise answers to impress interviewers.
