Deere Pretax Profit Margin from 2010 to 2024

DE Stock  USD 440.44  0.96  0.22%   
Deere's Pretax Profit Margin is increasing over the years with slightly volatile fluctuation. Overall, Pretax Profit Margin is expected to go to 0.19 this year. During the period from 2010 to 2024 Deere Pretax Profit Margin annual values regression line had geometric mean of  0.14 and mean square error of  0.0009. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.17665513
Current Value
0.19
Quarterly Volatility
0.04438348
 
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 Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Deere Company over the last few years. It is Deere's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Deere Pretax Profit Margin Regression Statistics

Arithmetic Mean0.14
Geometric Mean0.14
Coefficient Of Variation31.36
Mean Deviation0.04
Median0.11
Standard Deviation0.04
Sample Variance0
Range0.1008
R-Value0.77
Mean Square Error0.0009
R-Squared0.60
Significance0.0007
Slope0.01
Total Sum of Squares0.03

Deere Pretax Profit Margin History

2024 0.19
2023 0.18
2020 0.21

About Deere Financial Statements

Deere stakeholders use historical fundamental indicators, such as Deere's Pretax Profit Margin, 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
Pretax Profit Margin 0.18  0.19 

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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.