Deere Financial Statements From 2010 to 2024

DE Stock  USD 395.19  2.02  0.51%   
Deere financial statements provide useful quarterly and yearly information to potential Deere Company investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Deere financial statements helps investors assess Deere's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Deere's valuation are summarized below:
Gross Profit
21.1 B
Profit Margin
0.1639
Market Capitalization
110.6 B
Enterprise Value Revenue
2.8103
Revenue
60.8 B
There are over one hundred three available fundamental signals for Deere Company, which can be analyzed over time and compared to other ratios. Investors should ensure to verify all of Deere's prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 29.3 B. The current year's Enterprise Value is expected to grow to about 23.5 B

Deere Total Revenue

72.75 Billion

Check Deere financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Deere main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 B, Interest Expense of 3 B or Selling General Administrative of 2.7 B, as well as many exotic indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.0088 or PTB Ratio of 6.37. Deere financial statements analysis is a perfect complement when working with Deere Valuation or Volatility modules.
  
This module can also supplement Deere's financial leverage analysis and stock options assessment as well as various Deere Technical models . Check out the analysis of Deere Correlation against competitors.

Deere Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets125.7 B119.7 B73.7 B
Slightly volatile
Short and Long Term Debt Total76.6 B72.9 B44.3 B
Slightly volatile
Total Current Liabilities49.6 B47.2 B26.6 B
Slightly volatile
Total Stockholder Equity26.3 B25.1 B13.2 B
Slightly volatile
Property Plant And Equipment Net16.7 B15.9 B11.4 B
Slightly volatile
Net Debt67.6 B64.3 B38.8 B
Slightly volatile
Retained Earnings61.5 B58.6 B31.4 B
Slightly volatile
CashB8.6 B5.5 B
Slightly volatile
Non Current Assets Total31.6 B30.1 B19.9 B
Slightly volatile
Non Currrent Assets OtherB2.9 B2.7 B
Slightly volatile
Cash And Short Term Investments10.1 B9.7 B6.3 B
Slightly volatile
Net Receivables74.1 B70.6 B41.8 B
Slightly volatile
Common Stock Shares Outstanding339.7 M264.2 M334.8 M
Slightly volatile
Liabilities And Stockholders Equity125.7 B119.7 B73.7 B
Slightly volatile
Non Current Liabilities Total49.7 B47.3 B33.8 B
Slightly volatile
Inventory9.9 B9.4 B5.7 B
Slightly volatile
Other Current Assets68.2 B64.9 B25.6 B
Slightly volatile
Total Liabilities99.3 B94.5 B60.5 B
Slightly volatile
Property Plant And Equipment Gross16.7 B15.9 B11.4 B
Slightly volatile
Total Current Assets94.1 B89.6 B53.9 B
Slightly volatile
Short Term Debt30.1 B28.7 B15.7 B
Slightly volatile
Accounts Payable5.5 BB7.3 B
Pretty Stable
Intangible Assets1.4 B1.3 B751.7 M
Slightly volatile
Common Stock Total Equity3.6 B5.9 B4.2 B
Slightly volatile
Short Term Investments841.9 M1.1 B801.2 M
Very volatile
Common Stock3.7 B6.1 B4.2 B
Slightly volatile
Other Liabilities5.5 B3.1 B5.6 B
Slightly volatile
Long Term Debt22.3 B44.2 B28.1 B
Slightly volatile
Property Plant Equipment5.4 B8.2 BB
Slightly volatile
Current Deferred Revenue851.5 M1.3 B1.1 B
Slightly volatile
Good Will4.7 B4.5 B2.3 B
Slightly volatile
Net Tangible Assets19.7 B18.7 B10.2 B
Slightly volatile
Retained Earnings Total Equity26.4 B48.6 B28.5 B
Slightly volatile
Long Term Debt Total29 B38.6 B29.1 B
Slightly volatile
Deferred Long Term Liabilities335 M489.9 M338.7 M
Slightly volatile
Long Term Investments107.7 M113.4 M17 B
Slightly volatile
Non Current Liabilities Other2.3 B2.5 B9.1 B
Very volatile
Short and Long Term Debt30.1 B28.7 B12.6 B
Slightly volatile
Warrants111.1 M105.8 M47.4 M
Slightly volatile
Cash And Equivalents6.5 B5.5 B5.3 B
Slightly volatile
Net Invested Capital69.6 B98 B60.5 B
Slightly volatile
Net Working Capital31.4 B42.4 B27.9 B
Slightly volatile
Capital Stock5.4 B6.1 B4.8 B
Slightly volatile
Capital Lease Obligations284.8 M275.4 M404.1 M
Slightly volatile

Deere Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.4 B2.3 B1.7 B
Slightly volatile
Interest ExpenseB2.8 B1.3 B
Slightly volatile
Selling General Administrative2.7 B5.3 B3.4 B
Slightly volatile
Total Revenue72.7 B69.3 B40.1 B
Slightly volatile
Gross Profit27.2 B25.9 B13.2 B
Slightly volatile
Other Operating Expenses55.3 B52.6 B33.3 B
Slightly volatile
Cost Of Revenue45.5 B43.4 B26.9 B
Slightly volatile
Total Operating Expenses9.7 B9.3 B6.4 B
Slightly volatile
Net Income12.3 B11.7 B4.7 B
Slightly volatile
Research Development2.6 B2.5 B1.7 B
Slightly volatile
Net Income Applicable To Common Shares12.3 B11.7 B4.8 B
Slightly volatile
Net Income From Continuing Ops12.3 B11.7 B4.8 B
Slightly volatile
Tax Provision3.5 B3.3 B1.5 B
Slightly volatile
Interest Income1.1 B846.4 M891 M
Slightly volatile
Reconciled Depreciation2.2 B2.3 B1.9 B
Slightly volatile
Selling And Marketing Expenses19.7 M20.7 M110.1 M
Slightly volatile

Deere Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow2.9 B5.7 B4.7 B
Slightly volatile
Depreciation2.4 B2.3 B1.7 B
Slightly volatile
Dividends Paid1.7 B1.6 B967.6 M
Slightly volatile
Capital Expenditures5.4 B5.1 B3.1 B
Slightly volatile
Total Cash From Operating Activities10.4 B9.9 B4.8 B
Slightly volatile
Net Income12.3 B11.7 B4.8 B
Slightly volatile
End Period Cash Flow9.2 B8.8 B5.6 B
Slightly volatile
Issuance Of Capital Stock53.9 M56.7 M175.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.732.59772.1066
Pretty Stable
Dividend Yield0.00880.00930.0126
Slightly volatile
PTB Ratio6.376.06515.5588
Very volatile
Days Sales Outstanding268377397
Slightly volatile
Book Value Per Share62.1159.149650.5059
Slightly volatile
Free Cash Flow Yield0.0480.0460.0582
Slightly volatile
Invested Capital2.262.62673.2783
Slightly volatile
Operating Cash Flow Per Share26.0324.794625.18
Slightly volatile
Stock Based Compensation To Revenue0.00180.00190.0022
Slightly volatile
PB Ratio6.376.06515.5588
Very volatile
EV To Sales3.713.53643.1678
Very volatile
Free Cash Flow Per Share17.3416.514815.3424
Very volatile
ROIC0.110.10050.0842
Slightly volatile
Inventory Turnover7.244.29384.8509
Slightly volatile
Net Income Per Share20.0919.136715.4234
Slightly volatile
Days Of Inventory On Hand47.0485.00775.9731
Pretty Stable
Payables Turnover2.832.38564.0843
Slightly volatile
Sales General And Administrative To Revenue0.150.07980.1013
Pretty Stable
Research And Ddevelopement To Revenue0.03180.03690.0434
Slightly volatile
Cash Per Share29.4728.064825.977
Slightly volatile
POCF Ratio9.6714.468910.5832
Slightly volatile
Interest Coverage6.818.65565.0351
Slightly volatile
Payout Ratio0.180.17440.2834
Slightly volatile
PFCF Ratio22.8121.72318.2168
Slightly volatile
Days Payables Outstanding133153130
Slightly volatile
Income Quality1.361.29522.1583
Slightly volatile
ROE0.340.32350.2793
Slightly volatile
EV To Operating Cash Flow17.6319.697316.2338
Slightly volatile
PE Ratio19.6818.746722.2789
Slightly volatile
Return On Tangible Assets0.07870.0750.0567
Slightly volatile
EV To Free Cash Flow31.0529.572827.382
Slightly volatile
Earnings Yield0.04260.05330.0506
Slightly volatile
Intangibles To Total Assets0.0570.05430.0562
Slightly volatile
Net Debt To EBITDA3.983.79474.7396
Slightly volatile
Current Ratio1.62.15122.1225
Slightly volatile
Tangible Book Value Per Share46.7344.505835.7697
Slightly volatile
Receivables Turnover1.250.96850.9248
Slightly volatile
Graham Number168160130
Slightly volatile
Shareholders Equity Per Share62.1159.149650.5059
Slightly volatile
Debt To Equity2.262.62673.2783
Slightly volatile
Revenue Per Share145138134
Slightly volatile
Interest Debt Per Share166159167
Slightly volatile
Debt To Assets0.410.57560.5959
Slightly volatile
Enterprise Value Over EBITDA15.0114.296114.0861
Slightly volatile
Short Term Coverage Ratios0.520.49770.5128
Slightly volatile
Price Earnings Ratio19.6818.746722.2789
Slightly volatile
Operating Cycle315462473
Slightly volatile
Price Book Value Ratio6.376.06515.5588
Very volatile
Days Of Payables Outstanding133153130
Slightly volatile
Dividend Payout Ratio0.180.17440.2834
Slightly volatile
Price To Operating Cash Flows Ratio9.6714.468910.5832
Slightly volatile
Price To Free Cash Flows Ratio22.8121.72318.2168
Slightly volatile
Pretax Profit Margin0.190.17670.1422
Slightly volatile
Ebt Per Ebit0.650.88450.7752
Slightly volatile
Operating Profit Margin0.210.19970.1772
Slightly volatile
Effective Tax Rate0.370.21810.2691
Pretty Stable
Company Equity Multiplier4.234.56375.4114
Slightly volatile
Long Term Debt To Capitalization0.460.64090.6789
Slightly volatile
Total Debt To Capitalization0.560.72430.7548
Slightly volatile
Return On Capital Employed0.160.15280.1362
Slightly volatile
Debt Equity Ratio2.262.62673.2783
Slightly volatile
Ebit Per Revenue0.210.19970.1772
Slightly volatile
Quick Ratio1.381.90791.91
Slightly volatile
Net Income Per E B T0.460.78440.7114
Very volatile
Cash Ratio0.30.28760.2761
Slightly volatile
Cash Conversion Cycle229309346
Very volatile
Operating Cash Flow Sales Ratio0.190.17950.1968
Slightly volatile
Days Of Inventory Outstanding47.0485.00775.9731
Pretty Stable
Days Of Sales Outstanding268377397
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.40.66610.5971
Slightly volatile
Cash Flow Coverage Ratios0.120.15960.1542
Slightly volatile
Price To Book Ratio6.376.06515.5588
Very volatile
Fixed Asset Turnover5.93.35993.2557
Slightly volatile
Price Cash Flow Ratio9.6714.468910.5832
Slightly volatile
Enterprise Value Multiple15.0114.296114.0861
Slightly volatile
Debt Ratio0.410.57560.5959
Slightly volatile
Cash Flow To Debt Ratio0.120.15960.1542
Slightly volatile
Price Sales Ratio2.732.59772.1066
Pretty Stable
Return On Assets0.07440.07090.0536
Slightly volatile
Asset Turnover0.70.51160.5048
Slightly volatile
Net Profit Margin0.150.13860.1058
Slightly volatile
Gross Profit Margin0.240.32340.3244
Very volatile
Price Fair Value6.376.06515.5588
Very volatile
Return On Equity0.340.32350.2793
Slightly volatile

Deere Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap29.3 B27.9 B28.8 B
Slightly volatile
Enterprise Value23.5 B22.4 B23.2 B
Slightly volatile

Deere Fundamental Market Drivers

Forward Price Earnings14.9031
Cash And Short Term Investments8.4 B

Deere Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
17th of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
27th of November 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of October 2023
Last Financial Announcement
View

About Deere Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Deere income statement, its balance sheet, and the statement of cash flows. Deere investors use historical funamental indicators, such as Deere's revenue or net income, to determine how well the company is positioned to perform in the future. Although Deere investors may use each financial statement separately, they are all related. The changes in Deere's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Deere's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Deere Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Deere. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.3 B851.5 M
Total Revenue69.3 B72.7 B
Cost Of Revenue43.4 B45.5 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.08  0.15 
Research And Ddevelopement To Revenue 0.04  0.03 
Capex To Revenue(0.06)(0.06)
Revenue Per Share 138.10  145.01 
Ebit Per Revenue 0.20  0.21 

Pair Trading with Deere

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Deere position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Deere will appreciate offsetting losses from the drop in the long position's value.

Moving against Deere Stock

  0.48IDEX IdeanomicsPairCorr
The ability to find closely correlated positions to Deere could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deere when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Deere - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Deere Company to buy it.
The correlation of Deere is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Deere moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deere Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Deere can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Deere Company is a strong investment it is important to analyze Deere's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Deere's future performance. For an informed investment choice regarding Deere Stock, refer to the following important reports:
Check out the analysis of Deere Correlation against competitors.
Note that the Deere Company information on this page should be used as a complementary analysis to other Deere's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Is Deere's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Deere. If investors know Deere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Deere listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
5.32
Earnings Share
34.32
Revenue Per Share
211.12
Quarterly Revenue Growth
(0.04)
The market value of Deere Company is measured differently than its book value, which is the value of Deere that is recorded on the company's balance sheet. Investors also form their own opinion of Deere's value that differs from its market value or its book value, called intrinsic value, which is Deere's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Deere's market value can be influenced by many factors that don't directly affect Deere's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Deere's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deere is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deere's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.