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 Growth | 33.1% |
| Revenue growth rate | 12.1% |
| Return on equity | 35.5% |
| Net Margin | 14.7% |
| Next Earnings Update | 21 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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 28 Jul 24 | 55,955 | 8,224 | 3,914 | 2,244 |
| 28 Apr 24 | 58,604 | 9,468 | 3,937 | 2,232 |
| 28 Jan 24 | 60,755 | 9,958 | 3,695 | 2,215 |
| 29 Oct 23 | 61,222 | 10,166 | 3,601 | 2,177 |
| 30 Jul 23 | 61,361 | 10,043 | 3,205 | 2,147 |
| 30 Apr 23 | 59,662 | 8,949 | 3,099 | 2,100 |
| 29 Jan 23 | 55,646 | 8,187 | 3,089 | 2,005 |
| 30 Oct 22 | 52,563 | 7,131 | 2,964 | 1,912 |
| 31 Jul 22 | 48,354 | 6,168 | 3,005 | 1,786 |
| 01 May 22 | 45,752 | 5,951 | 2,902 | 1,699 |
| 30 Jan 22 | 44,440 | 5,642 | 2,882 | 1,623 |
| 31 Oct 21 | 43,983 | 5,963 | 2,879 | 1,587 |
| 01 Aug 21 | 42,375 | 5,438 | 2,886 | 1,544 |
| 02 May 21 | 39,800 | 4,582 | 2,797 | 1,519 |
| 31 Jan 21 | 36,995 | 3,458 | 2,763 | 1,546 |
| 01 Nov 20 | 35,514 | 2,751 | 2,732 | 1,589 |
| 02 Aug 20 | 35,687 | 2,714 | 2,752 | 1,669 |
| 03 May 20 | 36,796 | 2,802 | 2,891 | 1,731 |
| 02 Feb 20 | 38,880 | 3,272 | 2,986 | 1,784 |
| 03 Nov 19 | 39,233 | 3,253 | 2,999 | 1,782 |
| 28 Jul 19 | 38,731 | 3,316 | 2,928 | 1,765 |
| 28 Apr 19 | 39,005 | 3,327 | 2,946 | 1,750 |
| 27 Jan 19 | 38,389 | 3,401 | 2,951 | 1,708 |
| 28 Oct 18 | 37,318 | 2,368 | 2,897 | 1,658 |
| 29 Jul 18 | 35,567 | 2,094 | 2,817 | 1,570 |
| 29 Apr 18 | 32,971 | 1,825 | 2,693 | 1,491 |
| 28 Jan 18 | 30,360 | 1,425 | 2,538 | 1,401 |
| 29 Oct 17 | 29,071 | 2,159 | 2,494 | 1,357 |
| 30 Jul 17 | 27,874 | 1,934 | 2,449 | 1,360 |
| 30 Apr 17 | 26,884 | 1,781 | 2,376 | 1,362 |
| 29 Jan 17 | 26,757 | 1,468 | 2,320 | 1,382 |
| 30 Oct 16 | 26,549 | 1,523 | 2,275 | 1,394 |
| 31 Jul 16 | 26,804 | 1,589 | 2,236 | 1,407 |
| 01 May 16 | 27,671 | 1,612 | 2,296 | 1,415 |
| 31 Jan 16 | 27,816 | 1,807 | 2,327 | 1,411 |
| 01 Nov 15 | 28,781 | 1,939 | 2,386 | 1,425 |
| 31 Jul 15 | 31,046 | 2,237 | 2,504 | 1,433 |
| 30 Apr 15 | 32,957 | 2,576 | 2,554 | 1,449 |
| 31 Jan 15 | 34,777 | 2,867 | 2,653 | 1,462 |
| 31 Oct 14 | 36,050 | 3,161 | 2,755 | 1,452 |
| 31 Jul 14 | 36,538 | 3,318 | 2,867 | 1,445 |
| 30 Apr 14 | 37,047 | 3,464 | 2,978 | 1,422 |
| 31 Jan 14 | 38,013 | 3,568 | 3,095 | 1,445 |
Quality Earnings: DEEC34 has high quality earnings.
Growing Profit Margin: DEEC34'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: DEEC34's earnings have grown significantly by 26.9% per year over the past 5 years.
Accelerating Growth: DEEC34's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DEEC34 had negative earnings growth (-17.9%) over the past year, making it difficult to compare to the Machinery industry average (-14.4%).
Return on Equity
High ROE: Whilst DEEC34's Return on Equity (35.48%) is high, this metric is skewed due to their high level of debt.