John Deere is now forecasting a whopping $600,000,000 hit due to the impact of tariffs this year. In their earnings report the company noted operating profits for the quarter decreased primarily due to the increase in production costs due to the tariffs.
https://www.cnbc.com/2025/08/14/john-deere-...
Deere & Company
DE
trading on NYSE
since 1958
Deere & Company, commonly known as John Deere, is a global leader in manufacturing and distributing a wide range of agricultural, construction, and forestry equipment, along with providing related financial and technology services.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $476.15 | $492.39 | $473.98 | $129.68B | 2.79M |
| eps | p/e | p/s |
operating margin |
profit margin |
yield |
| +$6.65 | 20.28 | 10.65 | 18.31% | 14.11% | 1.30% |
I wonder how much business John Deere does globally compared to inside the US. Presumably products sold in other countries wouldn't be impacted by the tariffs, right?