DE FY2022 SEC EDGAR DEF 14A

Deere & Co CEO pay ratio

The CEO earned $20.3M in FY2022 against median worker pay of $124,321 · Industrial Machinery & Equipment.

State
DE
Filing date
2023-01-11
Industry
Industrial Machinery & Equipment
Fiscal year
FY2022

Data updated August 2026

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CEO-to-worker pay ratio
163:1
High (Scale: 0–1000:1)
CEO pay
$20.3M
Median worker
$124,321

Latest filing FY2022. This company's newest DEF 14A on file is for FY2022, not FY2025, so the figures on this page are from that earlier year and are not ranked against the FY2025 industry benchmark. Industry pages mark issuers like this one with a "Latest filing" label.

Answer first

Deere & Co reported a 163:1 CEO-to-worker pay ratio in FY2022 - above the Industrial Machinery & Equipment median of 139:1 across 60 filers.

Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Industrial Machinery & Equipment companies.

Pay ratio
163:1
FY2022 disclosed
CEO total
$20.3M
Summary Compensation Table total
Median worker
$124,321
Dodd-Frank median employee

Ratio bands among Industrial Machinery & Equipment peers

Exclusive CEO-to-median-worker bands across 54 complete latest-FY filings in SIC 35. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2022

A component-level pay breakdown is not reported in Deere & Co's structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Deere & Co

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2022. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
163:1
FY2022
vs prior FY
-79:1
from FY2021 242:1
CEO $ YoY
+1.8%
$20.3M latest
Filings shown
2
FY2021–2022
Deere & Co CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $19.9M - $82,240 242:1 -
2022 $20.3M +1.8% $124,321 163:1 -79:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 315189, FY2021–2022. Adjacent-year deltas only.

Industry Comparison - Industrial Machinery & Equipment

This Company's Ratio
163:1
Industry Median Ratio
139:1
Industry Median CEO Pay
$9.4M
This CEO's Pay
$20.3M
Companies in Industry
60
vs. Industry Median
Above

Deere & Co: STEEP · PEAK pay ratio

Deere & Co disclosed 163:1 CEO-to-worker pay and $20.3M CEO total in FY2022. the CEO earned 163× the median employee ($124,321) in FY2022.

Median employee $124,321 (ELITE-MED); STEEP · PEAK stamps put about 163 median-wage years per CEO year.

CEO Total Pay

$20.3M

FY2022 Summary Compensation, well above median

Pay Ratio

163:1

Elevated vs. peers

What FY2022 shows for Deere & Co

Deere & Co disclosed 163:1 CEO-to-worker pay and $20.3M CEO total in FY2022. The structured pay-ratio disclosure reports the total without line-item components. Industrial Machinery & Equipment (SIC 35) median ratio is 139:1 across 60 FY2025 filers; Deere & Co's $20.3M CEO total is above the $9.4M industry median CEO pay.

Deere & Co stamps STEEP · PEAK · ELITE-MED; grant-date fair value (not realized pay) is what the DEF 14A reports. Open Industrial Machinery & Equipment peers.

Key Data, FY2022

Total Compensation
$20.3M
Median Employee Pay
$124,321
Pay Ratio
163:1
Filing Date
2023-01-11

Company Info

Ticker
DE
CIK
315189
Industry
Industrial Machinery & Equipment
SIC Code
3523
State
DE
SEC EDGAR DEF 14A for CIK 315189, FY2022. Informational only, not investment advice. Verify on EDGAR.

Read with Deere & Co

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps STEEP · PEAK · ELITE-MED.

Data sourced from SEC EDGAR DEF 14A for Deere & Co (CIK 315189), FY2022. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.