Deere Income Tax Expense from 2010 to 2024

DE Stock  USD 440.44  0.96  0.22%   
Deere's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 3.5 B this year. During the period from 2010 to 2024 Deere Income Tax Expense annual values regression line had coefficient of variation of  60.12 and r-squared of  0.50. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-01-31
Previous Quarter
751 M
Current Value
625 M
Quarterly Volatility
204.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 2.4 B, Interest Expense of 3 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.

Latest Deere's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Deere Company over the last few years. It is Deere's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Deere's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Deere Income Tax Expense Regression Statistics

Arithmetic Mean1,642,925,500
Coefficient Of Variation60.12
Mean Deviation732,423,800
Median1,658,000,000
Standard Deviation987,719,975
Sample Variance975590.7T
Range3.5B
R-Value0.71
Mean Square Error523158.3T
R-Squared0.50
Significance0
Slope156,492,955
Total Sum of Squares13658270.5T

Deere Income Tax Expense History

20243.5 B
20233.3 B
20222.9 B
2021B
20201.7 B
20191.1 B
2018852 M

About Deere Financial Statements

Deere stakeholders use historical fundamental indicators, such as Deere's Income Tax Expense, 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
Income Tax Expense3.3 B3.5 B

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Check out the analysis of Deere Correlation against competitors.
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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
(0.38)
Earnings Share
25.14
Revenue Per Share
200.394
Quarterly Revenue Growth
(0.17)
Return On Assets
0.0786
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.