Deere Past Earnings Performance

Past criteria checks 2/6

Deere has been growing earnings at an average annual rate of 26.9%, while the Machinery industry saw earnings growing at 23% annually. Revenues have been growing at an average rate of 12.1% per year. Deere's return on equity is 35.5%, and it has net margins of 14.7%.

Key information

26.9%

Earnings growth rate

29.1%

EPS growth rate

Machinery Industry Growth11.4%
Revenue growth rate12.1%
Return on equity35.5%
Net Margin14.7%
Next Earnings Update21 Nov 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Deere makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BASE:DED Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
28 Jul 2455,9558,2243,9142,244
28 Apr 2458,6049,4683,9372,232
28 Jan 2460,7559,9583,6952,215
29 Oct 2361,22210,1663,6012,177
30 Jul 2361,36110,0433,2052,147
30 Apr 2359,6628,9493,0992,100
29 Jan 2355,6468,1873,0892,005
30 Oct 2252,5637,1312,9641,912
31 Jul 2248,3546,1683,0051,786
01 May 2245,7525,9512,9021,699
30 Jan 2244,4405,6422,8821,623
31 Oct 2143,9835,9632,8791,587
01 Aug 2142,3755,4382,8861,544
02 May 2139,8004,5822,7971,519
31 Jan 2136,9953,4582,7631,546
01 Nov 2035,5142,7512,7321,589
02 Aug 2035,6872,7142,7521,669
03 May 2036,7962,8022,8911,731
02 Feb 2038,8803,2722,9861,784
03 Nov 1939,2333,2532,9991,782
28 Jul 1938,7313,3162,9281,765
28 Apr 1939,0053,3272,9461,750
27 Jan 1938,3893,4012,9511,708
28 Oct 1837,3182,3682,8971,658
29 Jul 1835,5672,0942,8171,570
29 Apr 1832,9711,8252,6931,491
28 Jan 1830,3601,4252,5381,401
29 Oct 1729,0712,1592,4941,357
30 Jul 1727,8741,9342,4491,360
30 Apr 1726,8841,7812,3761,362
29 Jan 1726,7571,4682,3201,382
30 Oct 1626,5491,5232,2751,394
31 Jul 1626,8041,5892,2361,407
01 May 1627,6711,6122,2961,415
31 Jan 1627,8161,8072,3271,411
01 Nov 1528,7811,9392,3861,425
31 Jul 1531,0462,2372,5041,433
30 Apr 1532,9572,5762,5541,449
31 Jan 1534,7772,8672,6531,462
31 Oct 1436,0503,1612,7551,452
31 Jul 1436,5383,3182,8671,445
30 Apr 1437,0473,4642,9781,422
31 Jan 1438,0133,5683,0951,445

Quality Earnings: DED has high quality earnings.

Growing Profit Margin: DED's current net profit margins (14.7%) are lower than last year (16.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DED's earnings have grown significantly by 26.9% per year over the past 5 years.

Accelerating Growth: DED's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DED had negative earnings growth (-17.9%) over the past year, making it difficult to compare to the Machinery industry average (-12.1%).


Return on Equity

High ROE: Whilst DED's Return on Equity (35.48%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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