Who Owns John Deere Power Systems?
John Deere Power Systems is the engine and drivetrain division of Deere & Company (NYSE: DE), headquartered in Waterloo, Iowa. The division designs and builds diesel engines, drivetrains, and power components used in Deere's own agricultural, construction, and turf machines and sold to external OEM, marine, and generator-set customers. The engine business dates to Deere's 1918 acquisition of the Waterloo Gasoline Engine Company.
John Deere Power Systems Timeline
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Who Owns John Deere Power Systems?
- Parent Company: John Deere
- Ownership Type: Brand division
- Company Type: Publicly Traded
- Stock Ticker: NYSE: DE
| Brand | Parent Company | Ownership Type |
|---|---|---|
| John Deere Power Systems | John Deere | Brand division |
History of John Deere Power Systems
- Founded: 1918
- Founders: Deere & Company (through the Waterloo Gasoline Engine Company acquisition)
The engine business at Deere began with the 1918 acquisition of the Waterloo Gasoline Engine Company of Waterloo, Iowa, which produced the Waterloo Boy tractor and the engines inside it. That acquisition brought Deere into powered farm machinery and established Waterloo as the company's engine center, a role it retains more than a century later.
Deere built engines primarily for its own machines through most of the 20th century, with the Waterloo works producing the two-cylinder and later inline engines that powered generations of John Deere tractors. The shift to selling engines and drivetrain components to outside customers developed gradually as Deere's diesel capability matured.
The Power Systems identity formalized the division as a distinct business unit serving OEM, marine, and generator-set markets beyond Deere's captive needs. The product range covers diesel engines from roughly 30 to over 600 horsepower, plus axles, transmissions, and drivetrain components. John Deere Power Systems engines appear in equipment from third-party manufacturers, marine propulsion installations, irrigation pumps, and generator sets.
Recent development has addressed emissions compliance and alternative fuels, including engines certified for renewable diesel and development toward lower-carbon operation alongside the parent's electrification work. The division's OEM business gives Deere a component-market presence independent of machine sales.
About John Deere
What does John Deere own?
John Deere owns a portfolio of agricultural equipment, construction machinery, forestry equipment, and turf care products. Its primary brands include John Deere Agriculture (tractors, combines, sprayers), John Deere Construction (excavators, loaders), John Deere Forestry (harvesters, forwarders), John Deere Turf Care (lawn equipment), and John Deere Power Systems (diesel engines). The company operates as an integrated equipment manufacturer rather than a holding company.
Is John Deere publicly traded?
Yes, Deere & Company is publicly traded on the New York Stock Exchange under the ticker symbol DE. The company is a component of the S&P 500 index, making it one of the most widely held industrial stocks in the United States.
Who founded John Deere?
John Deere was founded in 1837 by John Deere, a blacksmith who developed the first commercially successful steel plow for Midwest farmers. The company was incorporated as Deere & Company in 1868 and has grown from a single blacksmith shop to the world's largest agricultural equipment manufacturer.
What is John Deere's revenue?
For fiscal year 2025 (ended November 2, 2025), John Deere reported worldwide net sales and revenues of $45.684 billion, a 12% decrease from the prior year. Net income was $5.027 billion, down 29% from $7.100 billion in FY2024. For Q2 FY2026, net sales and revenues increased 5% to $13.369 billion.
Who is the CEO of John Deere?
John May serves as Chairman and CEO of Deere & Company. He has led the company's focus on autonomous farming technology, precision agriculture, and sustainability initiatives, including the See & Spray technology and battery-powered electric equipment development.
What is John Deere's FY2026 outlook?
John Deere forecasts net income attributable to Deere & Company for FY2026 in the range of $4.5 billion to $5.0 billion. First-half FY2026 results showed revenue growth, with Q1 net sales up 13% and Q2 net sales up 5%, suggesting a potential cyclical recovery in agricultural equipment demand.
Is John Deere investing in electric equipment?
Yes, John Deere is investing in battery-powered electric agricultural equipment and aims to demonstrate viable low/no carbon alternative power solutions. The company is developing electric and hybrid-powered equipment across its product lines and has committed to science-based emissions reduction targets.
- Founded: 1837
- Headquarters: Moline, Illinois, USA
- Company Type: Publicly Traded
- Stock: NYSE: DE
- Revenue: $45.684 billion (FY2025, year ended November 2, 2025)
- Employees: Approximately 83,000
Where Is John Deere Power Systems Made / Based?
- Headquarters: Waterloo, Iowa, USA
John Deere Power Systems Categories & Tags
Brands Owned by John Deere
Conglomerates IndustrialJohn Deere Construction & Forestry
Owned by John Deere
Yellow-and-black earthmoving equipment division of Deere & Company, covering excavators, loaders, dozers, and roadbuilding machinery including Wirtgen Group.
construction-equipmentheavy-machineryearthmoving
Conglomerates IndustrialJohn Deere Forestry
Owned by John Deere
Logging equipment line of Deere & Company covering skidders, feller bunchers, harvesters, and forwarders for timber operations worldwide.
forestryloggingheavy-machinery
Conglomerates IndustrialJohn Deere Turf
Owned by John Deere
Lawn, grounds, and golf course equipment line of Deere & Company, covering residential mowers, commercial mowing, and sports turf machinery.
lawn-careturfmowers
Conglomerates IndustrialJohn Deere
Owned by John Deere
Flagship agricultural machinery brand of Deere & Company, the world's largest farm equipment maker, famous for green tractors and the leaping deer logo.
agriculturemachinerytractors
John Deere Power Systems Ownership: Pros & Cons
Advantages
- +Vertical integration guarantees engine supply for Deere machines without depending on external suppliers.
- +Agricultural-duty engineering produces engines suited to harsh industrial and marine work.
- +The OEM business gives the division revenue beyond the parent's machine cycles.
- +Over a century of Waterloo engine heritage supports the brand's durability reputation.
Considerations
- -External sales compete for engineering priority against the parent's captive needs.
- -The industrial engine market is dominated by specialists with larger scale.
- -Diesel's long-term decline as electrification and alternatives grow pressures the core product.
- -The division's results track the parent's equipment cycles more than independent engine makers' results would.
Frequently Asked Questions About John Deere Power Systems
Sources & Further Reading
Competitors to John Deere Power Systems
No direct competitors found in the same category. This could be because John Deere Power Systemsoperates in a unique market segment or we're still building our competitor database.
Independent Alternatives to John Deere Power Systems
Looking for brands with different ownership structures? These similar brands are not owned by John Deere, giving you alternative choices that support different corporate structures.
Conglomerates IndustrialACC Limited
Owned by Adani Group
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Privately Owned
ACC Limited is privately owned, unlike John Deere Power Systems which is under a publicly traded parent company.
Conglomerates IndustrialAmbuja Cement
Owned by Adani Group
Indian cement manufacturer providing construction materials and building solutions, owned by Adani Group since 2022.
cementconstructionbuilding-materials
Privately Owned
Ambuja Cement is privately owned, unlike John Deere Power Systems which is under a publicly traded parent company.
Conglomerates IndustrialCHS
Owned by CHS Inc.
American agribusiness brand for grain, agronomy, energy, and crop input services, the master brand of the largest farmer-owned cooperative in the United States.
agribusinesscooperativegrain
Privately Owned
CHS is privately owned, unlike John Deere Power Systems which is under a publicly traded parent company.
Conglomerates IndustrialDalmia Cement
Owned by Dalmia Bharat Group
Indian cement and building materials brand owned by Dalmia Bharat Group, the fourth largest cement manufacturer in India by capacity.
cementconstructionbuilding-materials
Privately Owned
Dalmia Cement is privately owned, unlike John Deere Power Systems which is under a publicly traded parent company.
Conglomerates IndustrialUltraTech Cement
Owned by Aditya Birla Group
Indian cement and building solutions brand owned by Aditya Birla Group, headquartered in Mumbai, and the largest cement producer in India by capacity.
cementconstructionbuilding-materials
Privately Owned
UltraTech Cement is privately owned, unlike John Deere Power Systems which is under a publicly traded parent company.
Conglomerates IndustrialCaterpillar
Owned by Caterpillar Inc.
Caterpillar, sold under the Cat brand, is the flagship equipment brand of Caterpillar Inc., the world's largest maker of construction and mining machinery.
heavy-equipmentconstruction-machinerymining-equipment
Publicly Traded
Caterpillar operates independently without a large parent corporation.
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