The warm deformation behavior of 20CrMoA steel at the temperature of 873–1123 K and the strain rate of 0.01−10 s−1 was investigated to obtain its processing property and optimum processing parameters. The true stress-true strain curves showed that flow stress reaches the peak rapidly, followed by slow decrease till reaching a steady state. This suggests a flow softening of dynamic recovery. The stress dropped with increasing deformation temperature and decreasing strain rate. The reduction became more distinct at lower temperature and higher strain rate due to flow softening caused by deformation heat. In the temperature range of 873–973 K, the deformation of 20CrMoA steel was more sensitive to temperature, and the average decline rate of steady stress was 6.9 times larger than that in the temperature range of 1023–1123 K. After modifying the stress curves, a constitutive model was developed for different deformation temperature ranges based on modified curves. The model was in good agreement with the experimental results.