Financials in USD. Standardized financial statements.
A compact view of how Deere & Company turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $44.66B | $50.52B | $60.25B | $51.28B | $43.03B | $34.72B | $38.38B | $36.46B | $28.62B | $25.90B |
| Revenue Growth? | -11.6% | -16.1% | +17.5% | +19.2% | +23.9% | -9.5% | +5.3% | +27.4% | +10.5% | 0.0% |
| Cost of Revenue? | $28.37B | $31.02B | $37.94B | $35.55B | $29.32B | $23.86B | $27.02B | $25.78B | $20.03B | $18.36B |
| Gross Profit? | $16.30B | $19.50B | $22.31B | $15.73B | $13.71B | $10.86B | $11.36B | $10.68B | $8.58B | $7.54B |
| Gross Margin? | +36.5% | +38.6% | +37.0% | +30.7% | +31.9% | +31.3% | +29.6% | +29.3% | +30.0% | +29.1% |
| Operating Expenses? | $7.88B | $8.07B | $7.71B | $6.70B | $6.05B | $6.49B | $6.53B | $6.30B | $5.65B | $5.30B |
| Operating Income? | $8.42B | $11.43B | $14.59B | $9.03B | $7.66B | $4.37B | $4.83B | $4.38B | $2.93B | $2.24B |
| EBITDA? | $11.66B | $14.67B | $17.48B | $12.08B | $10.64B | $7.25B | $7.57B | $7.20B | $5.77B | $4.55B |
| Income Before Tax | $6.26B | $9.18B | $13.03B | $9.14B | $7.62B | $3.83B | $4.11B | $4.10B | $3.13B | $2.22B |
| Income Tax Expense | $1.26B | $2.09B | $2.87B | $2.01B | $1.66B | $1.08B | $852.00M | $1.73B | $971.00M | $700.10M |
| Net Income? | $5.03B | $7.10B | $10.17B | $7.13B | $5.96B | $2.75B | $3.25B | $2.37B | $2.16B | $1.52B |
| EPS? | $18.56 | $25.72 | $34.80 | $23.42 | $19.14 | $8.77 | $10.28 | $7.34 | $6.76 | $4.83 |
| Diluted EPS? | $18.50 | $25.62 | $34.63 | $23.28 | $18.99 | $8.69 | $10.15 | $7.24 | $6.68 | $4.81 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality