Complete financial analysis of Deere & Company (DE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Deere & Company, a leading company in the Agricultural – Machinery industry within the Industrials sector.
You may be interested
- HTM International Holding Ltd. (4924.TWO) Income Statement Analysis – Financial Results
- CF Acquisition Corp. VIII (CFFE) Income Statement Analysis – Financial Results
- Restaurant Brands Asia Limited (BURGERKING.NS) Income Statement Analysis – Financial Results
- Mind Medicine (MindMed) Inc. (MMED.NE) Income Statement Analysis – Financial Results
- Grieg Seafood ASA (GSF.OL) Income Statement Analysis – Financial Results
Deere & Company (DE)
About Deere & Company
Deere & Company manufactures and distributes various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters, harvesting front-end equipment, sugarcane loaders, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 44.76B | 61.22B | 52.58B | 43.03B | 34.72B | 38.38B | 36.46B | 28.62B | 25.90B | 28.16B | 35.24B | 37.11B | 35.48B | 31.39B | 25.40B | 22.60B | 28.29B | 24.08B | 22.15B | 21.93B | 19.99B | 15.53B | 13.95B | 13.29B | 12.96B | 11.52B | 13.63B | 12.62B | 11.13B | 10.12B | 8.97B | 7.69B | 6.93B | 7.03B | 7.85B | 6.23B | 5.36B | 4.13B | 3.52B | 4.06B |
| Cost of Revenue | 30.78B | 40.11B | 35.34B | 29.12B | 23.68B | 26.79B | 25.57B | 19.93B | 18.25B | 20.14B | 24.78B | 25.67B | 25.01B | 21.92B | 17.40B | 16.26B | 21.01B | 16.25B | 15.36B | 16.12B | 14.22B | 11.29B | 10.11B | 9.85B | 8.61B | 7.90B | 8.99B | 8.21B | 7.15B | 6.69B | 5.79B | 5.15B | 4.68B | 4.72B | 5.26B | 4.83B | 4.18B | 3.45B | 3.03B | 3.16B |
| Gross Profit | 13.98B | 21.12B | 17.24B | 13.92B | 11.05B | 11.59B | 10.89B | 8.68B | 7.65B | 8.01B | 10.47B | 11.45B | 10.47B | 9.47B | 8.00B | 6.34B | 7.29B | 7.83B | 6.79B | 5.81B | 5.77B | 4.25B | 3.84B | 3.44B | 4.36B | 3.62B | 4.63B | 4.41B | 3.98B | 3.42B | 3.18B | 2.54B | 2.25B | 2.32B | 2.59B | 1.40B | 1.19B | 684.40M | 481.90M | 899.80M |
| Gross Profit Ratio | 31.24% | 34.49% | 32.79% | 32.34% | 31.81% | 30.19% | 29.86% | 30.34% | 29.54% | 28.46% | 29.70% | 30.84% | 29.52% | 30.17% | 31.50% | 28.07% | 25.75% | 32.51% | 30.64% | 26.51% | 28.86% | 27.33% | 27.50% | 25.88% | 33.60% | 31.43% | 34.01% | 34.93% | 35.76% | 33.84% | 35.44% | 33.00% | 32.45% | 32.96% | 33.00% | 22.49% | 22.10% | 16.55% | 13.70% | 22.16% |
| Research & Development | 2.29B | 2.18B | 1.91B | 1.59B | 1.64B | 1.78B | 1.66B | 1.37B | 1.39B | 1.43B | 1.45B | 1.48B | 1.43B | 1.23B | 1.05B | 977.00M | 943.10M | 816.80M | 725.80M | 677.30M | 611.60M | 577.30M | 527.80M | 590.10M | 542.10M | 458.40M | 444.40M | 412.30M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 4.51B | 4.62B | 3.91B | 3.44B | 3.68B | 3.69B | 3.46B | 3.07B | 2.76B | 2.87B | 3.28B | 3.61B | 3.42B | 3.17B | 2.97B | 2.78B | 2.96B | 3.19B | 2.87B | 2.22B | 2.45B | 2.07B | 0.00 | 2.11B | 1.89B | 1.96B | 1.89B | 1.87B | 2.08B | 1.83B | 1.76B | 1.59B | 1.57B | 1.52B | 1.40B | 1.25B | 711.20M | 734.10M | 766.60M | 730.50M |
| Selling & Marketing | 0.00 | -1.02B | -49.00M | -52.00M | -200.00M | -143.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 4.51B | 3.60B | 3.86B | 3.38B | 3.48B | 3.55B | 3.46B | 3.07B | 2.76B | 2.87B | 3.28B | 3.61B | 3.42B | 3.17B | 2.97B | 2.78B | 2.96B | 3.19B | 2.87B | 2.22B | 2.45B | 2.07B | 2.07B | 2.11B | 1.89B | 1.96B | 1.89B | 1.87B | 2.08B | 1.83B | 1.76B | 1.59B | 1.57B | 1.52B | 1.40B | 1.25B | 711.20M | 734.10M | 766.60M | 730.50M |
| Other Expenses | 0.00 | 0.00 | 1.28B | 1.34B | 1.61B | 1.58B | 900.40M | 1.12B | 745.50M | 706.50M | 824.20M | 682.40M | 674.90M | 623.80M | 606.10M | 514.20M | 539.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 647.90M | 513.30M | 418.00M | 365.60M | 311.40M | 283.10M | 256.70M | 257.20M | 250.40M | 209.20M | 203.80M | 192.90M | 187.50M | 185.70M | 202.60M | 194.50M |
| Operating Expenses | 7.13B | 5.78B | 7.05B | 6.31B | 6.73B | 6.91B | 6.51B | 5.75B | 5.41B | 5.26B | 5.83B | 5.90B | 5.63B | 5.11B | 4.77B | 4.48B | 4.18B | 4.00B | 3.59B | 2.90B | 3.06B | 2.65B | 2.60B | 2.70B | 3.08B | 2.93B | 2.75B | 2.65B | 2.39B | 2.11B | 2.02B | 1.85B | 1.82B | 1.73B | 1.60B | 1.44B | 898.70M | 919.80M | 969.20M | 925.00M |
| Cost & Expenses | 37.91B | 45.88B | 42.39B | 35.43B | 30.41B | 33.70B | 32.08B | 25.68B | 23.66B | 25.40B | 30.61B | 31.57B | 30.64B | 27.03B | 22.17B | 20.73B | 25.19B | 20.26B | 18.96B | 19.01B | 17.28B | 13.93B | 12.71B | 12.55B | 11.68B | 10.83B | 11.74B | 10.86B | 9.54B | 8.81B | 7.81B | 7.00B | 6.50B | 6.45B | 6.86B | 6.27B | 5.08B | 4.37B | 4.00B | 4.09B |
| Interest Income | 0.00 | 0.00 | 14.00M | 41.00M | 26.00M | 25.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 3.35B | 2.45B | 1.06B | 993.00M | 1.25B | 1.47B | 1.20B | 899.50M | 763.70M | 680.00M | 664.00M | 741.30M | 782.80M | 759.40M | 811.40M | 1.04B | 1.14B | 583.70M | 268.90M | 390.20M | 240.00M | 374.40M | 393.30M | 601.90M | 326.50M | 80.60M | 97.40M | 66.00M | 177.80M | 25.40M | 147.40M | 1.55B | 336.20M | 770.20M | 357.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 2.12B | 2.00B | 1.90B | 2.05B | 2.12B | 2.02B | 1.93B | 1.72B | 1.56B | 1.38B | 1.31B | 1.14B | 1.00B | 914.90M | 914.80M | 873.30M | 831.00M | 744.40M | 691.40M | 636.50M | 621.00M | 631.40M | 725.30M | 718.30M | 647.90M | 513.30M | 418.00M | 365.60M | 311.40M | 283.10M | 256.70M | 257.20M | 250.40M | 209.20M | 203.80M | 192.90M | 187.50M | 185.70M | 202.60M | 194.50M |
| EBITDA | 14.67B | 17.04B | 11.03B | 10.41B | 7.72B | 8.14B | 6.61B | 5.30B | 4.70B | 5.20B | 6.91B | 7.25B | 6.83B | 6.06B | 5.08B | 3.62B | 3.91B | 4.03B | 3.88B | 3.19B | 2.98B | 1.99B | 1.70B | 1.27B | 1.75B | 967.80M | 2.09B | 1.94B | 1.79B | 1.41B | 1.34B | 984.30M | 638.70M | 954.00M | 1.15B | 152.80M | 281.00M | -49.70M | -284.70M | 169.30M |
| EBITDA Ratio | 32.78% | 27.83% | 22.98% | 24.74% | 20.87% | 19.73% | 19.75% | 20.16% | 17.56% | 17.20% | 19.20% | 19.84% | 18.38% | 18.79% | 18.71% | 14.41% | 13.83% | 16.75% | 15.33% | 14.54% | 14.89% | 12.78% | 12.16% | 9.58% | 13.53% | 8.40% | 15.34% | 15.40% | 16.05% | 13.96% | 14.94% | 12.79% | 9.22% | 13.56% | 14.71% | -13.49% | 5.24% | -6.27% | -13.16% | -0.52% |
| Operating Income | 6.85B | 15.34B | 10.19B | 8.60B | 5.13B | 5.55B | 4.04B | 2.37B | 2.19B | 2.73B | 4.76B | 5.45B | 4.71B | 4.20B | 3.01B | 1.32B | 3.08B | 3.29B | 2.70B | 2.55B | 2.35B | 1.35B | 970.80M | 555.60M | 1.11B | 454.50M | 1.67B | 1.58B | 1.47B | 1.13B | 1.08B | 727.10M | 388.30M | 744.80M | 950.30M | -1.03B | 93.50M | -445.10M | -665.20M | -215.70M |
| Operating Income Ratio | 15.31% | 25.05% | 19.38% | 19.97% | 14.77% | 14.47% | 11.09% | 8.28% | 8.46% | 9.69% | 13.52% | 14.69% | 13.26% | 13.38% | 11.83% | 5.85% | 10.89% | 13.65% | 12.21% | 11.64% | 11.78% | 8.72% | 6.96% | 4.18% | 8.53% | 3.94% | 12.28% | 12.50% | 13.25% | 11.16% | 12.08% | 9.45% | 5.60% | 10.59% | 12.11% | -16.59% | 1.74% | -10.77% | -18.92% | -5.31% |
| Total Other Income/Expenses | 2.35B | -2.32B | -1.06B | -842.00M | -1.18B | -1.58B | -304.30M | -895.50M | -260.90M | 26.40M | -645.00M | -377.30M | -236.80M | -135.60M | -205.40M | -527.60M | 42.00M | -612.90M | -637.30M | -445.60M | -254.00M | -628.50M | -637.10M | -765.70M | -326.50M | -318.60M | -308.40M | -244.10M | -223.80M | -208.90M | -225.20M | -407.30M | -374.80M | -610.10M | -396.20M | 587.30M | 226.20M | 23.70M | -25.90M | -8.80M |
| Income Before Tax | 9.21B | 13.02B | 9.13B | 7.60B | 3.88B | 4.09B | 4.07B | 3.15B | 2.22B | 2.78B | 4.80B | 5.48B | 4.73B | 4.22B | 3.03B | 1.34B | 3.12B | 2.68B | 2.17B | 2.16B | 2.11B | 971.30M | 602.70M | -24.80M | 779.30M | 373.90M | 1.58B | 1.51B | 1.30B | 1.10B | 935.80M | 281.60M | 52.10M | -25.40M | 593.10M | 547.20M | 319.70M | -211.70M | -513.20M | -34.00M |
| Income Before Tax Ratio | 20.57% | 21.27% | 17.36% | 17.67% | 11.18% | 10.65% | 11.17% | 11.02% | 8.59% | 9.87% | 13.61% | 14.77% | 13.34% | 13.45% | 11.91% | 5.93% | 11.04% | 11.11% | 9.81% | 9.83% | 10.58% | 6.25% | 4.32% | -0.19% | 6.01% | 3.25% | 11.56% | 11.98% | 11.66% | 10.91% | 10.44% | 3.66% | 0.75% | -0.36% | 7.56% | 8.78% | 5.96% | -5.12% | -14.59% | -0.84% |
| Income Tax Expense | 2.09B | 2.87B | 2.01B | 1.66B | 1.08B | 852.00M | 1.73B | 971.10M | 700.10M | 840.10M | 1.63B | 1.95B | 1.66B | 1.42B | 1.16B | 460.00M | 1.11B | 883.00M | 741.60M | 715.10M | 708.50M | 336.90M | 258.30M | 17.70M | 293.80M | 134.70M | 553.90M | 550.90M | 479.80M | 397.80M | 332.20M | 97.20M | 14.70M | -5.20M | 182.00M | 167.00M | 33.00M | -112.70M | -283.90M | -64.50M |
| Net Income | 7.10B | 10.17B | 7.13B | 5.96B | 2.75B | 3.25B | 2.37B | 2.16B | 1.52B | 1.94B | 3.16B | 3.54B | 3.06B | 2.80B | 1.87B | 873.50M | 2.05B | 1.82B | 1.69B | 1.45B | 1.41B | 643.10M | 319.20M | -64.00M | 485.50M | 239.20M | 1.02B | 960.10M | 817.30M | 706.10M | 603.60M | -920.90M | 37.40M | -20.20M | 411.10M | 380.20M | 286.70M | -99.00M | -229.30M | 30.50M |
| Net Income Ratio | 15.86% | 16.61% | 13.56% | 13.86% | 7.92% | 8.48% | 6.50% | 7.54% | 5.88% | 6.89% | 8.97% | 9.53% | 8.64% | 8.92% | 7.34% | 3.87% | 7.26% | 7.56% | 7.65% | 6.60% | 7.04% | 4.14% | 2.29% | -0.48% | 3.75% | 2.08% | 7.50% | 7.61% | 7.34% | 6.98% | 6.73% | -11.97% | 0.54% | -0.29% | 5.24% | 6.10% | 5.34% | -2.39% | -6.52% | 0.75% |
| EPS | 25.72 | 34.79 | 23.42 | 19.14 | 8.78 | 10.28 | 7.34 | 6.76 | 4.83 | 5.81 | 8.71 | 9.18 | 7.72 | 6.71 | 4.40 | 2.07 | 4.76 | 4.05 | 3.63 | 2.98 | 2.85 | 1.34 | 0.67 | -0.14 | 1.03 | 0.52 | 2.10 | 1.89 | 1.57 | 1.36 | 1.17 | -1.98 | 0.08 | -0.05 | 0.91 | 0.85 | 0.68 | -0.24 | -0.56 | 0.08 |
| EPS Diluted | 25.62 | 34.63 | 23.28 | 18.99 | 8.69 | 10.15 | 7.24 | 6.68 | 4.81 | 5.77 | 8.63 | 9.09 | 7.63 | 6.63 | 4.35 | 2.06 | 4.70 | 4.00 | 3.59 | 2.94 | 2.78 | 1.32 | 0.67 | -0.14 | 1.03 | 0.51 | 2.08 | 1.87 | 1.56 | 1.35 | 1.16 | -1.98 | 0.08 | -0.05 | 0.90 | 0.84 | 0.65 | -0.24 | -0.56 | 0.08 |
| Weighted Avg Shares Out | 276.00M | 292.20M | 304.50M | 311.60M | 313.50M | 316.50M | 322.60M | 319.50M | 315.20M | 333.60M | 363.00M | 385.30M | 397.10M | 417.40M | 424.00M | 422.80M | 431.10M | 449.30M | 466.80M | 486.60M | 494.40M | 479.93M | 476.42M | 474.07M | 469.08M | 464.47M | 486.38M | 507.99M | 520.57M | 521.11M | 515.90M | 465.10M | 467.50M | 448.89M | 454.25M | 449.94M | 424.74M | 404.08M | 405.84M | 406.67M |
| Weighted Avg Shares Out (Dil) | 277.10M | 293.60M | 306.30M | 314.00M | 316.60M | 320.60M | 327.30M | 323.30M | 316.60M | 336.00M | 366.10M | 389.20M | 401.50M | 422.40M | 428.60M | 424.40M | 436.30M | 455.00M | 471.60M | 492.80M | 506.20M | 487.20M | 480.00M | 474.07M | 471.36M | 469.02M | 491.06M | 513.42M | 525.59M | 524.98M | 520.34M | 465.10M | 467.50M | 448.89M | 459.33M | 455.33M | 441.08M | 404.08M | 405.84M | 406.67M |
Brace for the Perfect Storm: Rate Cuts and a Slow September
Like its participants, the market goes through cycles, some of which are predictable on a fundamental and statistical basis. Today, the S&P 500 is experiencing a headwind caused by two factors: historically slow stocks in September and the potential effects...
Deere & Company (DE) Is a Trending Stock: Facts to Know Before Betting on It
Deere (DE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
John Deere executives bribed Thai officials with trips to massage parlors: feds
The SEC alleged that Deere & Co. paid out the bribes through its wholly owned subsidiary, Wirtgen Thailand.
SEC Charges John Deere With FCPA Violations for Subsidiary's Role in Thai Bribery Scheme
Washington, D.C.--(Newsfile Corp. - September 10, 2024) - The Securities and Exchange Commission today announced that Deere & Company, which does business as John Deere, agreed to pay nearly $10 million to resolve SEC charges that it violated the Foreign...
USDA Projects Farm Income to Dip 4% for 2024: How to Play the DE Stock?
The USDA projects lower production costs and a less severe y/y decline in net farm income for 2024. Let us analyze what this means for the DE stock.
John Deere Hits A Bump: Stock Slips Amid $9.93M Bribery Settlement
Deere & Co. DE, doing business as, John Deere, might be famous for its green tractors, but it's seeing red as news broke of a $9.93 million settlement with the SEC.
Dividend Increases Expected In September 2024
We anticipate six dividend increases in September 2024, based on the consistent history of these blue-chip stocks announcing annual increases in this month. Dividend growth is crucial for financial freedom, especially in 2024 with high inflation, making undervalued dividend stocks...
Investors Heavily Search Deere & Company (DE): Here is What You Need to Know
Deere (DE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
5 Top Stocks to Buy in September
Palo Alto Networks is well positioned to thrive from higher cybersecurity spending. Marathon Digital could benefit from a rally in Bitcoin and an increasingly sophisticated cryptocurrency market.
Which Industrial Sector Heavyweight Looks Better: Deere Or Caterpillar?
Given its better valuation, we believe Deere stock (NYSE: DE) is a better pick than its peer, Caterpillar stock (NYSE: CAT) for the next three years. CAT stock trades at 2.6x revenues, versus 1.8x for DE.
Source: https://incomestatements.info
Category: Stock Reports