Deere & Co
NYSE:DE
Income Statement
Earnings Waterfall
Deere & Co
Revenue
|
60.8B
USD
|
Cost of Revenue
|
-37B
USD
|
Gross Profit
|
23.8B
USD
|
Operating Expenses
|
-8.3B
USD
|
Operating Income
|
15.5B
USD
|
Other Expenses
|
-5.6B
USD
|
Net Income
|
10B
USD
|
Income Statement
Deere & Co
Jan-2014 | Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Jan-2021 | May-2021 | Aug-2021 | Oct-2021 | Jan-2022 | May-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
38 029
N/A
|
37 063
-3%
|
36 553
-1%
|
36 067
-1%
|
34 796
-4%
|
33 019
-5%
|
31 113
-6%
|
28 863
-7%
|
28 005
-3%
|
27 709
-1%
|
26 839
-3%
|
26 644
-1%
|
26 744
+0%
|
27 156
+2%
|
28 240
+4%
|
29 738
+5%
|
31 027
+4%
|
33 460
+8%
|
35 960
+7%
|
37 355
+4%
|
38 438
+3%
|
39 067
+2%
|
38 801
-1%
|
39 281
+1%
|
38 922
-1%
|
36 846
-5%
|
35 729
-3%
|
35 540
-1%
|
37 041
+4%
|
39 826
+8%
|
42 401
+6%
|
43 932
+4%
|
44 454
+1%
|
45 440
+2%
|
48 042
+6%
|
52 179
+9%
|
55 334
+6%
|
59 677
+8%
|
61 376
+3%
|
61 218
0%
|
60 785
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(25 848)
|
(25 238)
|
(25 011)
|
(25 869)
|
(24 046)
|
(22 849)
|
(21 639)
|
(21 505)
|
(19 647)
|
(19 441)
|
(18 552)
|
(19 563)
|
(18 103)
|
(18 090)
|
(18 814)
|
(21 132)
|
(20 805)
|
(22 718)
|
(24 625)
|
(26 861)
|
(26 318)
|
(26 716)
|
(26 435)
|
(28 193)
|
(26 397)
|
(24 942)
|
(23 901)
|
(24 993)
|
(24 289)
|
(25 905)
|
(27 658)
|
(30 544)
|
(29 916)
|
(30 829)
|
(32 761)
|
(36 465)
|
(36 396)
|
(38 285)
|
(38 403)
|
(39 104)
|
(36 981)
|
|
Gross Profit |
12 180
N/A
|
11 825
-3%
|
11 542
-2%
|
10 198
-12%
|
10 751
+5%
|
10 171
-5%
|
9 475
-7%
|
7 358
-22%
|
8 357
+14%
|
8 267
-1%
|
8 286
+0%
|
7 082
-15%
|
8 642
+22%
|
9 067
+5%
|
9 427
+4%
|
8 606
-9%
|
10 222
+19%
|
10 742
+5%
|
11 336
+6%
|
10 493
-7%
|
12 121
+16%
|
12 353
+2%
|
12 367
+0%
|
11 088
-10%
|
12 526
+13%
|
11 904
-5%
|
11 828
-1%
|
10 547
-11%
|
12 752
+21%
|
13 921
+9%
|
14 743
+6%
|
13 388
-9%
|
14 538
+9%
|
14 611
+1%
|
15 281
+5%
|
15 714
+3%
|
18 938
+21%
|
21 392
+13%
|
22 973
+7%
|
22 114
-4%
|
23 804
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(5 945)
|
(5 894)
|
(5 897)
|
(4 737)
|
(5 956)
|
(5 770)
|
(5 734)
|
(4 299)
|
(5 401)
|
(5 375)
|
(5 390)
|
(4 152)
|
(5 475)
|
(5 719)
|
(5 542)
|
(4 434)
|
(5 586)
|
(5 972)
|
(6 545)
|
(5 337)
|
(7 059)
|
(7 038)
|
(6 887)
|
(5 513)
|
(6 950)
|
(6 932)
|
(6 768)
|
(4 831)
|
(6 471)
|
(6 588)
|
(6 603)
|
(4 893)
|
(6 298)
|
(6 444)
|
(6 645)
|
(5 599)
|
(7 287)
|
(7 934)
|
(8 121)
|
(6 535)
|
(8 286)
|
|
Selling, General & Administrative |
(3 590)
|
(3 481)
|
(3 382)
|
(3 284)
|
(3 178)
|
(3 071)
|
(3 005)
|
(2 873)
|
(2 807)
|
(2 782)
|
(2 736)
|
(2 764)
|
(2 838)
|
(2 907)
|
(2 989)
|
(3 067)
|
(3 121)
|
(3 276)
|
(3 398)
|
(3 426)
|
(3 515)
|
(3 523)
|
(3 506)
|
(3 551)
|
(3 545)
|
(3 500)
|
(3 355)
|
(3 342)
|
(3 353)
|
(3 289)
|
(3 379)
|
(3 383)
|
(3 395)
|
(3 489)
|
(3 599)
|
(3 852)
|
(4 023)
|
(4 421)
|
(4 580)
|
(4 595)
|
(4 709)
|
|
Research & Development |
(1 445)
|
(1 422)
|
(1 445)
|
(1 452)
|
(1 461)
|
(1 448)
|
(1 433)
|
(1 425)
|
(1 411)
|
(1 415)
|
(1 407)
|
(1 389)
|
(1 382)
|
(1 362)
|
(1 358)
|
(1 368)
|
(1 414)
|
(1 504)
|
(1 585)
|
(1 658)
|
(1 708)
|
(1 750)
|
(1 765)
|
(1 783)
|
(1 786)
|
(1 732)
|
(1 671)
|
(1 589)
|
(1 545)
|
(1 519)
|
(1 543)
|
(1 587)
|
(1 623)
|
(1 699)
|
(1 786)
|
(1 912)
|
(2 005)
|
(2 099)
|
(2 146)
|
(2 177)
|
(2 214)
|
|
Other Operating Expenses |
(910)
|
(993)
|
(1 071)
|
0
|
(1 318)
|
(1 251)
|
(1 296)
|
0
|
(1 182)
|
(1 177)
|
(1 246)
|
0
|
(1 256)
|
(1 451)
|
(1 195)
|
0
|
(1 051)
|
(1 191)
|
(1 563)
|
(254)
|
(1 838)
|
(1 765)
|
(1 616)
|
(179)
|
(1 620)
|
(1 700)
|
(1 742)
|
100
|
(1 573)
|
(1 780)
|
(1 681)
|
77
|
(1 280)
|
(1 256)
|
(1 260)
|
165
|
(1 259)
|
(1 414)
|
(1 395)
|
237
|
(1 363)
|
|
Operating Income |
6 236
N/A
|
5 931
-5%
|
5 645
-5%
|
5 461
-3%
|
4 794
-12%
|
4 400
-8%
|
3 740
-15%
|
3 059
-18%
|
2 957
-3%
|
2 893
-2%
|
2 898
+0%
|
2 929
+1%
|
3 166
+8%
|
3 347
+6%
|
3 883
+16%
|
4 171
+7%
|
4 635
+11%
|
4 769
+3%
|
4 789
+0%
|
5 156
+8%
|
5 060
-2%
|
5 312
+5%
|
5 478
+3%
|
5 575
+2%
|
5 575
N/A
|
4 972
-11%
|
5 060
+2%
|
5 716
+13%
|
6 281
+10%
|
7 333
+17%
|
8 140
+11%
|
8 495
+4%
|
8 240
-3%
|
8 167
-1%
|
8 636
+6%
|
10 115
+17%
|
11 651
+15%
|
13 458
+16%
|
14 852
+10%
|
15 579
+5%
|
15 518
0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(734)
|
(709)
|
(680)
|
(664)
|
(394)
|
(447)
|
(341)
|
(279)
|
(394)
|
(614)
|
(652)
|
(705)
|
(966)
|
(711)
|
(1 062)
|
(1 018)
|
(1 291)
|
(1 211)
|
(931)
|
(1 030)
|
(831)
|
(993)
|
(1 236)
|
(1 410)
|
(1 392)
|
(1 232)
|
(1 122)
|
(1 247)
|
(945)
|
(1 107)
|
(1 061)
|
(993)
|
(951)
|
(544)
|
(596)
|
(868)
|
(985)
|
(1 693)
|
(2 020)
|
(2 575)
|
(2 776)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(77)
|
(203)
|
(305)
|
(346)
|
(562)
|
(494)
|
0
|
0
|
8
|
(90)
|
(184)
|
(185)
|
(192)
|
(197)
|
0
|
0
|
(18)
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(24)
|
0
|
0
|
27
|
92
|
0
|
0
|
0
|
72
|
0
|
0
|
0
|
33
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
27
|
27
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
5 502
N/A
|
5 222
-5%
|
4 965
-5%
|
4 797
-3%
|
4 401
-8%
|
3 954
-10%
|
3 401
-14%
|
2 780
-18%
|
2 564
-8%
|
2 280
-11%
|
2 246
-1%
|
2 224
-1%
|
2 200
-1%
|
2 636
+20%
|
2 821
+7%
|
3 154
+12%
|
3 344
+6%
|
3 559
+6%
|
3 859
+8%
|
4 071
+5%
|
4 230
+4%
|
4 319
+2%
|
4 242
-2%
|
4 088
-4%
|
3 980
-3%
|
3 435
-14%
|
3 592
+5%
|
3 883
+8%
|
4 842
+25%
|
6 226
+29%
|
7 106
+14%
|
7 602
+7%
|
7 226
-5%
|
7 466
+3%
|
7 855
+5%
|
9 127
+16%
|
10 469
+15%
|
11 765
+12%
|
12 832
+9%
|
13 019
+1%
|
12 742
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 938)
|
(1 751)
|
(1 647)
|
(1 627)
|
(1 517)
|
(1 362)
|
(1 153)
|
(840)
|
(766)
|
(680)
|
(666)
|
(700)
|
(734)
|
(862)
|
(888)
|
(971)
|
(921)
|
(906)
|
(1 004)
|
(1 023)
|
(1 127)
|
(1 120)
|
(1 017)
|
(920)
|
(787)
|
(688)
|
(897)
|
(1 082)
|
(1 340)
|
(1 625)
|
(1 659)
|
(1 658)
|
(1 601)
|
(1 532)
|
(1 695)
|
(2 007)
|
(2 295)
|
(2 825)
|
(2 807)
|
(2 871)
|
(2 803)
|
|
Income from Continuing Operations |
3 564
|
3 472
|
3 318
|
3 171
|
2 884
|
2 592
|
2 248
|
1 940
|
1 799
|
1 602
|
1 583
|
1 524
|
1 468
|
1 776
|
1 934
|
2 183
|
2 423
|
2 652
|
2 854
|
3 048
|
3 103
|
3 200
|
3 226
|
3 168
|
3 194
|
2 747
|
2 695
|
2 801
|
3 502
|
4 601
|
5 447
|
5 944
|
5 625
|
5 934
|
6 160
|
7 120
|
8 174
|
8 940
|
10 025
|
10 148
|
9 939
|
|
Income to Minority Interest |
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
1
|
2
|
2
|
2
|
3
|
2
|
3
|
0
|
1
|
0
|
(2)
|
(2)
|
(3)
|
(3)
|
0
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
(2)
|
(1)
|
0
|
(1)
|
1
|
4
|
4
|
11
|
11
|
11
|
|
Equity Earnings Affiliates |
5
|
(6)
|
2
|
(8)
|
(15)
|
(13)
|
(8)
|
1
|
9
|
10
|
6
|
(2)
|
(1)
|
5
|
1
|
(24)
|
(18)
|
(20)
|
(16)
|
27
|
29
|
32
|
29
|
21
|
13
|
(10)
|
(19)
|
(48)
|
(43)
|
(18)
|
(8)
|
21
|
19
|
17
|
9
|
10
|
9
|
5
|
7
|
7
|
8
|
|
Net Income (Common) |
3 568
N/A
|
3 464
-3%
|
3 318
-4%
|
3 161
-5%
|
2 866
-9%
|
2 576
-10%
|
2 237
-13%
|
1 939
-13%
|
1 806
-7%
|
1 611
-11%
|
1 589
-1%
|
1 523
-4%
|
1 468
-4%
|
1 781
+21%
|
1 934
+9%
|
2 159
+12%
|
1 425
-34%
|
1 825
+28%
|
2 093
+15%
|
2 368
+13%
|
3 401
+44%
|
3 328
-2%
|
3 317
0%
|
3 253
-2%
|
3 272
+1%
|
2 803
-14%
|
2 715
-3%
|
2 751
+1%
|
3 459
+26%
|
4 583
+32%
|
5 439
+19%
|
5 963
+10%
|
5 643
-5%
|
5 951
+5%
|
6 168
+4%
|
7 131
+16%
|
8 187
+15%
|
8 949
+9%
|
10 043
+12%
|
10 166
+1%
|
9 958
-2%
|