Deere Financial Statements From 2010 to 2025

DE Stock  USD 482.35  4.85  1.02%   
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
13.7 B
Profit Margin
0.1299
Market Capitalization
129.6 B
Enterprise Value Revenue
3.9976
Revenue
47.9 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 2025 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

61 Billion

Check Deere financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Deere's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 B, Interest Expense of 4 B or Selling General Administrative of 2.7 B, as well as many 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.
  
Check out the analysis of Deere Correlation against competitors.

Deere Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets129.6 B123.4 B76.3 B
Slightly volatile
Short and Long Term Debt Total79 B75.3 B48.4 B
Slightly volatile
Total Current Liabilities46.3 B44.1 B26.9 B
Slightly volatile
Total Stockholder Equity27.6 B26.3 B14 B
Slightly volatile
Property Plant And Equipment Net18.7 B17.8 B11.9 B
Slightly volatile
Net Debt70.2 B66.9 B40.4 B
Slightly volatile
Retained Earnings68.1 B64.9 B33.8 B
Slightly volatile
Cash8.8 B8.4 B5.6 B
Slightly volatile
Non Current Assets Total35.8 B34.1 B21 B
Slightly volatile
Non Currrent Assets Other7.9 B7.5 B3.7 B
Slightly volatile
Cash And Short Term Investments10.2 B9.7 B6.4 B
Slightly volatile
Net Receivables70.5 B67.1 B40.6 B
Slightly volatile
Common Stock Shares Outstanding336.7 M249.4 M330.1 M
Slightly volatile
Liabilities And Stockholders Equity129.6 B123.4 B76.3 B
Slightly volatile
Non Current Liabilities Total55.6 B53 B35.3 B
Slightly volatile
Inventory8.7 B8.3 B5.7 B
Slightly volatile
Other Current AssetsB4.2 B21 B
Slightly volatile
Total Liabilities101.9 B97.1 B62.3 B
Slightly volatile
Property Plant And Equipment Gross32.1 B30.6 B14.2 B
Slightly volatile
Total Current Assets93.8 B89.3 B53.7 B
Slightly volatile
Short Term Debt26.8 B25.6 B15.8 B
Slightly volatile
Accounts Payable5.5 B3.1 BB
Slightly volatile
Intangible Assets1.8 B1.7 B881.3 M
Slightly volatile
Common Stock Total Equity3.6 B5.9 B4.3 B
Slightly volatile
Short Term Investments858.3 M1.3 B839.2 M
Very volatile
Common Stock3.7 B6.3 B4.3 B
Slightly volatile
Other Liabilities5.5 B3.1 B5.4 B
Slightly volatile
Long Term Debt52.2 B49.7 B31.3 B
Slightly volatile
Property Plant Equipment5.4 B8.2 B6.1 B
Slightly volatile
Current Deferred Revenue873.7 M1.4 B1.1 B
Slightly volatile
Good Will4.8 B4.6 B2.5 B
Slightly volatile
Net Tangible Assets19.7 B18.7 B10.6 B
Slightly volatile
Retained Earnings Total Equity26.4 B48.6 B29.3 B
Slightly volatile
Long Term Debt Total29 B38.6 B29.4 B
Slightly volatile
Deferred Long Term Liabilities335 M489.9 M344.2 M
Slightly volatile
Long Term Investments104.3 M109.8 M15.9 B
Slightly volatile
Non Current Liabilities Other2.6 B2.7 B8.7 B
Very volatile
Short and Long Term Debt15.1 B25.2 B12 B
Slightly volatile
Warrants111.1 M105.8 M50.2 M
Slightly volatile
Cash And Equivalents6.5 B5.5 B5.3 B
Slightly volatile
Net Invested Capital73 B101.2 B62.7 B
Slightly volatile
Net Working Capital32.8 B45.2 B28.9 B
Slightly volatile
Capital Stock5.5 B6.3 B4.9 B
Slightly volatile
Capital Lease Obligations276.3 M272.7 M397.1 M
Slightly volatile

Deere Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.6 B2.4 B1.7 B
Slightly volatile
Interest ExpenseB3.9 B1.5 B
Slightly volatile
Selling General Administrative2.7 B5.2 B3.4 B
Slightly volatile
Total Revenue61 B58.1 B39.3 B
Slightly volatile
Gross Profit23.5 B22.4 B13 B
Slightly volatile
Other Operating Expenses47.2 B45 B32.6 B
Slightly volatile
Cost Of Revenue37.5 B35.7 B26.2 B
Slightly volatile
Total Operating Expenses9.7 B9.3 B6.4 B
Slightly volatile
Net Income8.6 B8.2 B4.4 B
Slightly volatile
Research Development2.8 B2.6 B1.7 B
Slightly volatile
Net Income Applicable To Common Shares12.3 B11.7 B5.1 B
Slightly volatile
Net Income From Continuing Ops4.1 B8.2 B4.2 B
Slightly volatile
Tax Provision1.7 B2.4 B1.3 B
Slightly volatile
Interest Income1.1 B846.4 M881.3 M
Slightly volatile
Reconciled Depreciation2.2 B2.4 B1.9 B
Slightly volatile
Selling And Marketing Expenses1.2 B1.2 B376.2 M
Slightly volatile

Deere Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow9.2 B8.8 B5.5 B
Slightly volatile
Depreciation2.6 B2.4 B1.7 B
Slightly volatile
Dividends Paid1.9 B1.8 BB
Slightly volatile
Capital Expenditures5.8 B5.5 B3.2 B
Slightly volatile
Total Cash From Operating Activities11.1 B10.6 B5.2 B
Slightly volatile
Net Income8.6 B8.2 B4.5 B
Slightly volatile
End Period Cash Flow9.2 B8.8 B5.7 B
Slightly volatile
Issuance Of Capital Stock53.9 M56.7 M168.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.732.59772.2037
Slightly volatile
Dividend Yield0.00880.00930.0129
Slightly volatile
PTB Ratio6.376.06515.5323
Very volatile
Days Sales Outstanding262196388
Slightly volatile
Book Value Per Share62.1259.159254.1508
Slightly volatile
Free Cash Flow Yield0.04790.0460.0571
Slightly volatile
Operating Cash Flow Per Share26.0324.794626.4562
Slightly volatile
Stock Based Compensation To Revenue0.00260.00190.0028
Slightly volatile
Capex To Depreciation1.11.25851.498
Slightly volatile
PB Ratio6.376.06515.5323
Very volatile
EV To Sales3.713.53643.3121
Slightly volatile
Free Cash Flow Per Share17.3416.514815.7509
Slightly volatile
ROIC0.110.1030.0679
Slightly volatile
Inventory Turnover7.174.32364.7794
Pretty Stable
Net Income Per Share20.0919.136714.3673
Slightly volatile
Days Of Inventory On Hand47.4984.421377.2047
Very volatile
Payables Turnover5.979.239811.5696
Slightly volatile
Sales General And Administrative To Revenue0.110.07440.0959
Slightly volatile
Research And Ddevelopement To Revenue0.03190.03690.0452
Slightly volatile
Capex To Revenue0.04240.060.078
Very volatile
Cash Per Share29.4728.064826.6401
Slightly volatile
POCF Ratio9.6714.468910.6578
Slightly volatile
Interest Coverage8.17.7174.0311
Slightly volatile
Payout Ratio0.180.17440.2959
Slightly volatile
Capex To Operating Cash Flow0.510.33390.4046
Slightly volatile
PFCF Ratio22.8121.72318.6125
Slightly volatile
Days Payables Outstanding37.5339.502931.161
Slightly volatile
Income Quality1.361.29522.1904
Slightly volatile
ROE0.340.32350.2521
Slightly volatile
EV To Operating Cash Flow17.5619.697316.304
Slightly volatile
PE Ratio19.6818.746722.9116
Slightly volatile
Return On Tangible Assets0.07870.0750.0514
Slightly volatile
EV To Free Cash Flow31.0529.572827.9408
Slightly volatile
Earnings Yield0.04280.05330.0453
Slightly volatile
Intangibles To Total Assets0.0570.05430.0564
Slightly volatile
Net Debt To EBITDA3.43.79474.7974
Slightly volatile
Current Ratio1.582.15122.1393
Slightly volatile
Tangible Book Value Per Share46.7344.505838.5377
Slightly volatile
Receivables Turnover1.291.86440.975
Slightly volatile
Graham Number168160132
Slightly volatile
Shareholders Equity Per Share62.1159.149654.055
Slightly volatile
Debt To Equity2.262.62673.2443
Slightly volatile
Capex Per Share8.698.279810.7053
Slightly volatile
Revenue Per Share145138133
Slightly volatile
Interest Debt Per Share166159177
Slightly volatile
Debt To Assets0.410.57560.5969
Slightly volatile
Enterprise Value Over EBITDA7.5214.296113.9141
Slightly volatile
Short Term Coverage Ratios4.984.73991.0659
Slightly volatile
Price Earnings Ratio19.6818.746722.9116
Slightly volatile
Operating Cycle309280465
Slightly volatile
Price Book Value Ratio6.376.06515.5323
Very volatile
Days Of Payables Outstanding37.5339.502931.161
Slightly volatile
Dividend Payout Ratio0.180.17440.2959
Slightly volatile
Price To Operating Cash Flows Ratio9.6714.468910.6578
Slightly volatile
Price To Free Cash Flows Ratio22.8121.72318.6125
Slightly volatile
Pretax Profit Margin0.190.17670.1384
Slightly volatile
Ebt Per Ebit1.040.9920.884
Very volatile
Operating Profit Margin0.190.17810.1582
Slightly volatile
Effective Tax Rate0.370.21810.2678
Pretty Stable
Company Equity Multiplier4.224.56375.3516
Slightly volatile
Long Term Debt To Capitalization0.460.64090.6798
Slightly volatile
Total Debt To Capitalization0.560.72430.7534
Slightly volatile
Return On Capital Employed0.0880.13630.1083
Slightly volatile
Debt Equity Ratio2.262.62673.2443
Slightly volatile
Ebit Per Revenue0.190.17810.1582
Slightly volatile
Quick Ratio1.431.90791.9347
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.582.13431.8871
Slightly volatile
Net Income Per E B T0.470.78440.714
Very volatile
Cash Ratio0.30.28760.2726
Slightly volatile
Cash Conversion Cycle255241433
Slightly volatile
Operating Cash Flow Sales Ratio0.190.17950.2035
Slightly volatile
Days Of Inventory Outstanding47.4984.421377.2047
Very volatile
Days Of Sales Outstanding262196388
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.40.66610.5897
Slightly volatile
Cash Flow Coverage Ratios0.120.15960.1544
Slightly volatile
Price To Book Ratio6.376.06515.5323
Very volatile
Fixed Asset Turnover5.813.35993.0455
Slightly volatile
Capital Expenditure Coverage Ratio2.342.99462.5749
Slightly volatile
Price Cash Flow Ratio9.6714.468910.6578
Slightly volatile
Enterprise Value Multiple7.5214.296113.9141
Slightly volatile
Debt Ratio0.410.57560.5969
Slightly volatile
Cash Flow To Debt Ratio0.120.15960.1544
Slightly volatile
Price Sales Ratio2.732.59772.2037
Slightly volatile
Return On Assets0.07440.07090.0485
Slightly volatile
Asset Turnover0.690.51160.4818
Slightly volatile
Net Profit Margin0.150.13860.1027
Slightly volatile
Gross Profit Margin0.240.31870.3268
Pretty Stable
Price Fair Value6.376.06515.5323
Very volatile
Return On Equity0.340.32350.2521
Slightly volatile

Deere Valuation Data

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

Deere Fundamental Market Drivers

Forward Price Earnings24.9377
Cash And Short Term Investments8.5 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

Deere stakeholders use historical fundamental 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 analyze each financial statement separately, they are all interrelated. For example, changes in Deere's assets and liabilities are reflected in the revenues and expenses on Deere's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Deere Company. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.4 B873.7 M
Total Revenue58.1 B61 B
Cost Of Revenue35.7 B37.5 B
Sales General And Administrative To Revenue 0.07  0.11 
Research And Ddevelopement To Revenue 0.04  0.03 
Capex To Revenue 0.06  0.04 
Revenue Per Share 138.10  145.01 
Ebit Per Revenue 0.18  0.19 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Is Agricultural & Farm Machinery space 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
(0.49)
Dividend Share
6.03
Earnings Share
22.59
Revenue Per Share
174.701
Quarterly Revenue Growth
(0.30)
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.