Deere & Company (DE)

Deere & Company Income Statement

Financials in millions USD. Fiscal year is November - October.

Year	2023	2022	2021	2020	2019
Revenue	61,251	52,577	44,024	35,540	39,258
Revenue Growth (YoY)	16.50%	19.43%	23.87%	-9.47%	5.09%
Cost of Revenue	37,715	35,338	29,116	23,677	26,792
Gross Profit	23,536	17,239	14,908	11,863	12,466
Selling, General & Admin	4,595	3,863	3,383	3,477	3,551
Research & Development	2,177	1,912	1,587	1,644	1,783
Other Operating Expenses	1,292	1,275	1,343	1,612	1,578
Operating Expenses	8,064	7,050	6,313	6,733	6,912
Operating Income	15,472	10,189	8,595	5,130	5,554
Interest Expense / Income	2,453	1,062	993	1,247	1,466
Other Expense / Income	-18	-11	-19	50	-17
Pretax Income	13,037	9,138	7,621	3,833	4,105
Income Tax	2,871	2,007	1,658	1,082	852
Net Income	10,166	7,131	5,963	2,751	3,253
Net Income Growth	42.56%	19.59%	116.76%	-15.43%	37.37%
Shares Outstanding (Basic)	292	305	312	314	317
Shares Outstanding (Diluted)	294	306	314	317	321
Shares Change	-4.15%	-2.45%	-0.82%	-1.25%	-2.05%
EPS (Basic)	34.80	23.42	19.14	8.77	10.28
EPS (Diluted)	34.63	23.28	18.99	8.69	10.15
EPS Growth	48.75%	22.59%	118.53%	-14.38%	40.19%
Free Cash Flow	6,102	3,004	7,240	6,610	1,611
Free Cash Flow Per Share	20.88	9.87	23.23	21.09	5.09
Dividend Per Share	5.050	4.360	3.610	3.040	3.040
Dividend Growth	15.83%	20.78%	18.75%	0%	17.83%
Gross Margin	38.43%	32.79%	33.86%	33.38%	31.75%
Operating Margin	25.26%	19.38%	19.52%	14.43%	14.15%
Profit Margin	16.60%	13.56%	13.54%	7.74%	8.29%
Free Cash Flow Margin	9.96%	5.71%	16.45%	18.60%	4.10%
Effective Tax Rate	22.02%	21.96%	21.76%	28.23%	20.76%
EBITDA	17,494	12,095	10,664	7,198	7,590
EBITDA Margin	28.56%	23.00%	24.22%	20.25%	19.33%
Depreciation & Amortization	2,004	1,895	2,050	2,118	2,019
EBIT	15,490	10,200	8,614	5,080	5,571
EBIT Margin	25.29%	19.40%	19.57%	14.29%	14.19%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).