Deere & Co
NYSE:DE

Watchlist Manager
Deere & Co Logo
Deere & Co
NYSE:DE
Watchlist
Price: 445.92 USD -1.47% Market Closed
Market Cap: 121B USD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

0
Revenue
+0%
Growth Rates:
1 Year
-21%
3 Years
+8%
5 Years
+23%
7 Years
+55%
10 Years
+38%
0
Operating Income
+0%
Growth Rates:
1 Year
-27%
3 Years
+37%
5 Years
+102%
7 Years
+143%
10 Years
+135%
0
Net Income
+0%
Growth Rates:
1 Year
-38%
3 Years
+10%
5 Years
+90%
7 Years
+336%
10 Years
+117%

Earnings Waterfall
Deere & Co

Revenue
48B USD
Cost of Revenue
-28.6B USD
Gross Profit
19.4B USD
Operating Expenses
-8.2B USD
Operating Income
11.3B USD
Other Expenses
-5B USD
Net Income
6.2B USD

Income Statement
Deere & Co

Rotate your device to view
Income Statement
Currency: USD
Millions
Ones
Thousands
Millions
Billions
TTM
Quarterly
Annual
TTM
Jan-2015 Apr-2015 Jul-2015 Oct-2015 Jan-2016 Apr-2016 Jul-2016 Oct-2016 Jan-2017 Apr-2017 Jul-2017 Oct-2017 Jan-2018 Apr-2018 Jul-2018 Oct-2018 Jan-2019 Apr-2019 Jul-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Nov-2020 Jan-2021 May-2021 Aug-2021 Oct-2021 Jan-2022 May-2022 Jul-2022 Oct-2022 Jan-2023 Apr-2023 Jul-2023 Oct-2023 Jan-2024 Apr-2024 Jul-2024 Oct-2024 Jan-2025
Revenue
Revenue
34 796
N/A
33 019
-5%
31 112
-6%
28 863
-7%
28 004
-3%
27 709
-1%
26 840
-3%
26 644
-1%
26 745
+0%
27 156
+2%
28 240
+4%
29 738
+5%
31 026
+4%
33 459
+8%
35 960
+7%
37 355
+4%
38 438
+3%
39 067
+2%
38 801
-1%
39 281
+1%
38 922
-1%
36 846
-5%
35 729
-3%
35 540
-1%
37 041
+4%
39 826
+8%
42 401
+6%
43 932
+4%
44 454
+1%
45 440
+2%
48 042
+6%
52 179
+9%
55 334
+6%
59 677
+8%
61 376
+3%
61 218
0%
60 785
-1%
58 633
-4%
55 984
-5%
51 640
-8%
48 038
-7%
Gross Profit
Cost of Revenue
(24 046)
(22 849)
(21 639)
(21 505)
(19 648)
(19 442)
(18 553)
(19 563)
(18 102)
(18 089)
(18 813)
(21 132)
(20 804)
(22 718)
(24 625)
(26 861)
(26 317)
(26 715)
(26 434)
(28 193)
(26 397)
(24 942)
(23 901)
(24 993)
(24 347)
(25 963)
(27 716)
(30 544)
(29 916)
(30 829)
(32 761)
(36 465)
(36 396)
(38 285)
(38 403)
(38 251)
(36 981)
(35 408)
(33 632)
(31 323)
(28 613)
Gross Profit
10 750
N/A
10 170
-5%
9 473
-7%
7 358
-22%
8 357
+14%
8 267
-1%
8 287
+0%
7 082
-15%
8 642
+22%
9 067
+5%
9 427
+4%
8 606
-9%
10 222
+19%
10 741
+5%
11 335
+6%
10 493
-7%
12 121
+16%
12 353
+2%
12 367
+0%
11 088
-10%
12 526
+13%
11 904
-5%
11 828
-1%
10 547
-11%
12 694
+20%
13 863
+9%
14 685
+6%
13 388
-9%
14 538
+9%
14 611
+1%
15 281
+5%
15 714
+3%
18 938
+21%
21 392
+13%
22 973
+7%
22 967
0%
23 804
+4%
23 225
-2%
22 352
-4%
20 317
-9%
19 425
-4%
Operating Income
Operating Expenses
(5 957)
(5 770)
(5 734)
(4 299)
(5 400)
(5 374)
(5 389)
(4 152)
(5 476)
(5 720)
(5 543)
(4 434)
(5 586)
(5 972)
(6 545)
(5 337)
(7 060)
(7 040)
(6 889)
(5 513)
(6 951)
(6 932)
(6 768)
(4 831)
(6 447)
(6 506)
(6 521)
(4 893)
(6 298)
(6 444)
(6 645)
(5 599)
(7 287)
(7 934)
(8 121)
(7 388)
(8 286)
(8 171)
(8 332)
(7 557)
(8 165)
Selling, General & Administrative
(3 178)
(3 071)
(3 006)
(2 873)
(2 807)
(2 782)
(2 736)
(2 764)
(2 838)
(2 907)
(2 989)
(3 067)
(3 121)
(3 276)
(3 398)
(3 426)
(3 514)
(3 522)
(3 505)
(3 551)
(3 545)
(3 500)
(3 355)
(3 342)
(3 353)
(3 289)
(3 379)
(3 383)
(3 395)
(3 489)
(3 599)
(3 852)
(4 023)
(4 421)
(4 580)
(4 595)
(4 709)
(4 644)
(4 812)
(4 702)
(4 747)
Research & Development
(1 462)
(1 449)
(1 433)
(1 425)
(1 411)
(1 415)
(1 407)
(1 389)
(1 382)
(1 362)
(1 359)
(1 368)
(1 415)
(1 504)
(1 585)
(1 658)
(1 708)
(1 750)
(1 765)
(1 783)
(1 786)
(1 732)
(1 671)
(1 589)
(1 545)
(1 519)
(1 543)
(1 587)
(1 623)
(1 699)
(1 786)
(1 912)
(2 005)
(2 099)
(2 146)
(2 177)
(2 214)
(2 232)
(2 271)
(2 257)
(2 284)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(853)
0
0
0
(874)
0
Other Operating Expenses
(1 318)
(1 251)
(1 295)
0
(1 181)
(1 177)
(1 246)
0
(1 256)
(1 451)
(1 195)
0
(1 051)
(1 191)
(1 563)
(254)
(1 839)
(1 769)
(1 619)
(179)
(1 620)
(1 700)
(1 742)
100
(1 549)
(1 698)
(1 599)
77
(1 280)
(1 256)
(1 260)
165
(1 259)
(1 414)
(1 395)
237
(1 363)
(1 295)
(1 249)
276
(1 134)
Operating Income
4 793
N/A
4 399
-8%
3 739
-15%
3 059
-18%
2 957
-3%
2 894
-2%
2 898
+0%
2 929
+1%
3 166
+8%
3 347
+6%
3 884
+16%
4 171
+7%
4 635
+11%
4 770
+3%
4 790
+0%
5 156
+8%
5 060
-2%
5 312
+5%
5 478
+3%
5 575
+2%
5 575
+0%
4 972
-11%
5 060
+2%
5 716
+13%
6 247
+9%
7 357
+18%
8 164
+11%
8 495
+4%
8 240
-3%
8 167
-1%
8 636
+6%
10 115
+17%
11 651
+15%
13 458
+16%
14 852
+10%
15 579
+5%
15 518
0%
15 054
-3%
14 020
-7%
12 760
-9%
11 260
-12%
Pre-Tax Income
Interest Income Expense
(393)
(446)
(340)
(279)
(393)
(614)
(652)
(705)
(966)
(711)
(1 062)
(1 018)
(1 292)
(1 212)
(931)
(1 030)
(830)
(993)
(1 235)
(1 410)
(1 392)
(1 232)
(1 122)
(1 247)
(945)
(1 107)
(1 061)
(993)
(951)
(544)
(596)
(868)
(985)
(1 693)
(2 020)
(2 575)
(2 776)
(3 043)
(3 260)
(3 419)
(3 375)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(56)
0
0
0
(77)
(203)
(305)
(346)
(562)
(436)
0
0
8
(90)
(184)
(185)
(192)
(197)
0
0
(18)
0
0
0
(154)
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(24)
0
0
3
92
0
0
0
72
0
0
0
33
0
0
0
19
0
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(24)
(24)
0
0
27
27
0
0
0
0
0
0
0
0
0
0
0
Pre-Tax Income
4 400
N/A
3 953
-10%
3 400
-14%
2 780
-18%
2 564
-8%
2 280
-11%
2 247
-1%
2 224
-1%
2 201
-1%
2 637
+20%
2 822
+7%
3 154
+12%
3 344
+6%
3 558
+6%
3 858
+8%
4 071
+6%
4 230
+4%
4 320
+2%
4 243
-2%
4 088
-4%
3 980
-3%
3 435
-14%
3 592
+5%
3 883
+8%
4 842
+25%
6 226
+29%
7 106
+14%
7 602
+7%
7 226
-5%
7 466
+3%
7 855
+5%
9 127
+16%
10 469
+15%
11 765
+12%
12 832
+9%
13 019
+1%
12 742
-2%
12 011
-6%
10 760
-10%
9 206
-14%
7 885
-14%
Net Income
Tax Provision
(1 517)
(1 362)
(1 152)
(840)
(765)
(679)
(664)
(700)
(734)
(862)
(888)
(971)
(922)
(907)
(1 005)
(1 023)
(1 126)
(1 119)
(1 016)
(920)
(787)
(688)
(897)
(1 082)
(1 340)
(1 625)
(1 659)
(1 658)
(1 601)
(1 532)
(1 695)
(2 007)
(2 295)
(2 825)
(2 807)
(2 871)
(2 803)
(2 563)
(2 552)
(2 094)
(1 651)
Income from Continuing Operations
2 884
2 592
2 247
1 940
1 799
1 601
1 582
1 524
1 467
1 775
1 933
2 183
2 422
2 651
2 854
3 048
3 104
3 201
3 226
3 168
3 194
2 747
2 695
2 801
3 502
4 601
5 447
5 944
5 625
5 934
6 160
7 120
8 174
8 940
10 025
10 148
9 939
9 448
8 208
7 112
6 234
Income to Minority Interest
(1)
(1)
(1)
(1)
(0)
1
1
2
2
2
2
0
(0)
(2)
(3)
(2)
(3)
(3)
0
(4)
(3)
(2)
(2)
(2)
0
0
0
(2)
(1)
0
(1)
1
4
4
11
11
11
12
9
12
10
Equity Earnings Affiliates
(15)
(13)
(8)
1
9
11
6
(2)
(1)
5
0
(24)
(18)
(20)
(16)
27
29
32
29
21
13
(10)
(19)
(48)
(43)
(18)
(8)
21
19
17
9
10
9
5
7
7
8
8
7
(24)
(26)
Net Income (Common)
2 866
N/A
2 576
-10%
2 237
-13%
1 939
-13%
1 807
-7%
1 612
-11%
1 589
-1%
1 523
-4%
1 468
-4%
1 781
+21%
1 934
+9%
2 159
+12%
1 425
-34%
1 825
+28%
2 093
+15%
2 368
+13%
3 401
+44%
3 328
-2%
3 317
0%
3 253
-2%
3 272
+1%
2 803
-14%
2 715
-3%
2 751
+1%
3 459
+26%
4 583
+32%
5 439
+19%
5 963
+10%
5 643
-5%
5 951
+5%
6 168
+4%
7 131
+16%
8 187
+15%
8 949
+9%
10 043
+12%
10 166
+1%
9 958
-2%
9 468
-5%
8 224
-13%
7 100
-14%
6 218
-12%
EPS (Diluted)
8.29
N/A
7.58
-9%
6.69
-12%
5.77
-14%
5.68
-2%
5.09
-10%
5.03
-1%
4.81
-4%
4.59
-5%
5.51
+20%
5.94
+8%
6.68
+12%
4.41
-34%
5.54
+26%
6.38
+15%
7.24
+13%
10.54
+46%
10.32
-2%
10.37
+0%
10.13
-2%
10.31
+2%
8.86
-14%
8.59
-3%
8.69
+1%
10.94
+26%
14.53
+33%
17.35
+19%
18.99
+9%
18.23
-4%
19.31
+6%
20.17
+4%
23.3
+16%
27.37
+17%
30.18
+10%
34.38
+14%
34.63
+1%
35.42
+2%
34.06
-4%
29.84
-12%
25.62
-14%
22.83
-11%

See Also

Summary
DE intrinsic value, competitors valuation, and company profile.
DCF Valuation
DE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
DE stock valuation using valuation multiples.
Wall Street Estimates
DE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
DE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Follow us
Join more than 245,500+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.