Deere & Company
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Deere & Company's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 27% to $44,759,000,000. Profit margin reached 16%. Total operating expenses were $7,130,000,000.
Profit Margin
| 2015 | 28.15B | 1.94B | 6.89% |
|---|---|---|---|
| 2016 | 25.89B | 1.52B | 5.88% |
| 2017 | 28.61B | 2.15B | 7.54% |
| 2018 | 36.45B | 2.36B | 6.5% |
| 2019 | 38.37B | 3.25B | 8.48% |
| 2020 | 34.72B | 2.75B | 7.92% |
| 2021 | 43.03B | 5.96B | 13.86% |
| 2022 | 52.57B | 7.13B | 13.56% |
| 2023 | 61.22B | 10.16B | 16.61% |
| 2024 | 44.75B | 7.1B | 15.86% |
DE Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 44.75B | 61.22B | 52.57B | 43.03B | 34.72B | 38.37B | 36.45B | 28.61B | 25.89B | 28.15B |
Cost of revenue | 30.77B | 40.10B | 35.33B | 29.11B | 23.67B | 26.79B | 25.57B | 19.93B | 18.24B | 20.14B |
Gross profit | 13.98B | 21.11B | 17.23B | 13.91B | 11.04B | 11.58B | 10.88B | 8.68B | 7.64B | 8.01B |
Operating exp. | ||||||||||
Research and development | 2.29B | 2.17B | 1.91B | 1.58B | 1.64B | 1.78B | 1.65B | 1.36B | 1.38B | 1.42B |
Selling and marketing | 0 | -1.01B | -49M | -52M | -200M | -143M | 0 | 0 | 0 | 0 |
Total operating expenses | 7.13B | 5.77B | 7.05B | 6.31B | 6.73B | 6.91B | 6.51B | 5.75B | 5.40B | 5.25B |
Operating income | 6.85B | 15.33B | 10.18B | 8.59B | 5.13B | 5.55B | 4.04B | 2.36B | 2.19B | 2.72B |
Other income (expenses), net | 2.35B | -2.32B | -1.06B | -993M | -1.17B | -1.46B | 900.4M | -895.5M | 745.5M | 26.4M |
Income before tax | 9.20B | 13.01B | 9.12B | 7.60B | 3.88B | 4.08B | 4.07B | 3.15B | 2.22B | 2.78B |
Income tax expense | 2.09B | 2.87B | 2.00B | 1.65B | 1.08B | 852M | 1.72B | 971.1M | 700.1M | 840.1M |
Net income | 7.1B | 10.16B | 7.13B | 5.96B | 2.75B | 3.25B | 2.36B | 2.15B | 1.52B | 1.94B |
Earnings per share | ||||||||||
Basic EPS | 25.72 | 34.79 | 23.42 | 19.14 | 8.78 | 10.28 | 7.34 | 6.76 | 4.83 | 5.81 |
Diluted EPS | 25.62 | 34.63 | 23.28 | 18.99 | 8.69 | 10.15 | 7.24 | 6.68 | 4.81 | 5.77 |
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