DEERE & CO

10-K & 10-Q Filings

Deere & Company, incorporated in Delaware, is a global manufacturing company with a history dating back to 1837. Its business is managed through four segments: production and precision agriculture (PPA), small agriculture and turf (SAT), construction and forestry (CF), and financial services (FS). The company offers a wide range of equipment and technology solutions for various industries, including agriculture, turf, construction, and forestry. Its business strategy is based on the Smart Industrial Operating Model, which focuses on production systems, technology stack, and lifecycle solutions. The company aims to meet the needs of its customers by providing equipment, technology, and solutions across all the jobs they execute. It sells its products through independent dealers and distributors worldwide, with sales and administrative offices in various countries. The company's website is http://www.deere.com, and its ticker symbol is DE.

12 mos ending Oct 31, 201212 mos ending Oct 31, 201312 mos ending Oct 31, 201412 mos ending Oct 31, 201512 mos ending Oct 31, 201612 mos ending Oct 29, 201712 mos ending Oct 28, 201812 mos ending Nov 03, 201912 mos ending Nov 01, 202012 mos ending Oct 31, 202112 mos ending Oct 30, 202212 mos ending Oct 29, 20233 mos ending Jan 29, 20233 mos ending Jan 28, 2024CAGR %YoY %Revenue (+)
$36157.10
37795.40
36066.90
28862.80
26644.00
29737.70
37357.70
39258.00
35540.00
44024.00
52577.00
61251.00
12652.00
12185.00
4.91%-3.69%Cost of Revenue (-)
$25007.80
25667.30
24775.80
20143.20
18248.90
19933.50
26970.30
28370.00
25289.00
30459.00
35338.00
37715.00
7934.00
7200.00
3.81%-9.25%Gross Profit (+)
$11149.30
12128.10
11291.10
8719.60
8395.10
9804.20
10387.40
10888.00
10251.00
13565.00
17239.00
23536.00
4718.00
4985.00
7.03%5.66%Selling, General & Administrative (-)
$3417.00
3605.50
3284.40
2873.30
2763.70
3066.60
3455.50
3551.00
3477.00
3383.00
3863.00
4595.00
952.00
1066.00
2.73%11.97%Research & Development (-)
$1433.60
1477.30
1452.00
1425.10
1389.10
1367.70
1657.60
1783.00
1644.00
1587.00
1912.00
2177.00
495.00
533.00
3.87%7.68%Operating Expenses (-)
$6414.90
6644.70
6493.70
5939.50
6171.10
6650.40
6316.70
6800.00
6368.00
5963.00
8112.00
10517.00
2225.00
2770.00
4.60%24.49%Costs & Expenses (Total) (-)
$31422.70
32312.00
31269.50
26082.70
24420.00
26583.90
33287.00
35170.00
31657.00
36422.00
43450.00
48232.00
10159.00
9970.00
3.97%-1.86%Operating Income/Loss (+)
$4734.40
5483.40
4797.40
2780.10
2224.00
3153.80
4070.70
4088.00
3883.00
7602.00
9127.00
13019.00
2493.00
2215.00
9.63%-11.15%Non-operating Income/Expense (+)
$-3.40
0.10
-7.60
0.90
-2.40
-23.50
26.80
21.00
-48.00
21.00
10.00
7.00
1.00
2.00
100.00%Interest Expense (-)
$782.80
741.30
664.00
680.00
763.70
899.50
1203.60
1466.00
1247.00
993.00
1062.00
2453.00
479.00
802.00
10.94%67.43%Earnings before Tax (+)
$4734.40
5483.40
4797.40
2780.10
2224.00
3153.80
4070.70
4088.00
3883.00
7602.00
9127.00
13019.00
2493.00
2215.00
9.63%-11.15%Tax Expense (-)
$1659.40
1945.90
1626.50
840.10
700.10
971.10
1726.90
852.00
1082.00
1658.00
2007.00
2871.00
537.00
469.00
5.11%-12.66%Income/Loss (Continuing Operations) (+)
$3075.00
3537.50
3170.90
1940.00
1523.90
2182.70
2343.80
3236.00
2801.00
5944.00
7120.00
10148.00
1956.00
1746.00
11.47%-10.74%Profit/Loss (+)
$3071.60
3537.60
3163.30
1940.90
1521.50
2159.20
2370.60
3257.00
2753.00
5965.00
7130.00
10155.00
1957.00
1748.00
11.48%-10.68%Net Income/Loss (NCI) (-)
$6.90
0.30
1.60
0.90
-2.40
0.10
2.20
4.00
2.00
2.00
-1.00
-11.00
-2.00
-3.00
-50.00%Net Income/Loss (+)
$3064.70
3537.30
3161.70
1940.00
1523.90
2159.10
2368.40
3253.00
2751.00
5963.00
7131.00
10166.00
1959.00
1751.00
11.52%-10.62%Net Income/Loss (Common) (+)
$3064.70
3537.30
3161.70
1940.00
1523.90
2159.10
2368.40
3253.00
2751.00
5963.00
7131.00
10166.00
1959.00
1751.00
11.52%-10.62%EPS (Basic)
$7.72
9.18
8.71
5.81
4.83
6.76
7.34
10.28
8.77
19.14
23.42
34.80
6.58
6.25
14.67%-5.02%EPS (Diluted)
$7.63
9.09
8.63
5.77
4.81
6.68
7.24
10.15
8.69
18.99
23.28
34.63
6.55
6.23
14.74%-4.89%Weighted Avg Shares (Basic)
397.10
385.30
363.00
333.60
315.20
319.50
322.60
316.50
313.50
311.60
304.50
292.20
297.60
279.90
-2.75%-5.95%Weighted Avg Shares (Diluted)
401.50
389.20
366.10
336.00
316.60
323.30
327.30
320.60
316.60
314.00
306.30
293.60
299.10
281.10
-2.81%-6.02%Cash
$4652.20
3504.00
3787.00
4162.20
4335.80
9334.90
3904.00
3857.00
7066.00
8017.00
4774.00
7458.00
3976.00
5137.00
4.38%29.20%Receivables
$1790.90
1464.00
1500.30
991.20
1018.50
1200.00
1735.50
6717.00
5391.00
5946.00
8902.00
10362.00
9601.00
9812.00
17.30%2.20%Inventory
$5170.00
4934.70
4209.70
3817.00
3340.50
3904.10
6148.90
5975.00
4999.00
6781.00
8495.00
8160.00
10056.00
8937.00
4.24%-11.13%Other Assets (Current)
$7476.40
7942.50
7910.10
7919.00
8154.30
8119.60
9047.40
4429.00
12032.00
4686.00
42570.00
51008.00
41971.00
50108.00
19.07%19.39%Assets (Current)
$19089.50
17845.20
17407.10
16889.40
16849.10
22558.60
20835.80
20978.00
29488.00
25430.00
64741.00
76988.00
65604.00
73994.00
13.52%12.79%Securities & Long-term Investments
$215.00
221.40
303.20
303.50
232.60
182.50
207.30
215.00
193.00
175.00
Property, Plant & Equipment (Net)
$
5466.90
5577.80
5181.50
5170.60
5067.70
5867.50
5973.00
5817.00
Goodwill & Intangibles
$1026.20
921.90
860.00
789.60
919.80
1251.30
4663.10
4297.00
4408.00
4566.00
4905.00
5033.00
5146.00
5078.00
15.55%-1.32%Other Assets
$9777.80
2325.40
4535.50
4566.80
4752.00
4576.80
3824.70
4205.00
4794.00
12428.00
13027.00
14203.00
13516.00
14412.00
3.45%6.63%Assets (Non-current)
$11019.00
11266.40
11276.50
10841.40
11075.00
11078.30
14562.60
14690.00
15212.00
17169.00
17932.00
19236.00
18662.00
19490.00
5.20%4.44%Assets (Total)
$56265.80
59521.30
61336.40
57947.60
57981.40
65786.30
70108.00
73011.00
75091.00
84114.00
90030.00
104087.00
91620.00
101371.00
5.75%10.64%Accounts Payable
$8988.90
8973.60
8554.10
7311.50
7240.10
8417.00
10111.00
9656.00
10112.00
Debt (Current)
$
10919.00
12592.00
17939.00
14129.00
17117.00
21.15%Other Liabilities (Current)
$6692.10
9056.10
8281.10
8668.00
10366.90
11746.10
10926.00
8687.00
Liabilities (Current)
$15681.00
8973.60
16835.20
15979.50
18783.90
21857.10
20582.00
18799.00
10919.00
12592.00
17939.00
14129.00
17117.00
1.23%21.15%Securities (Liabilities)
$
120.40
Debt (Non-current)
$
5002.50
30229.00
32734.00
37493.00
5711.00
6995.00
4864.00
6116.00
25.74%Other Liabilities
$7694.90
5416.70
6496.50
6787.70
39194.00
7417.90
5751.00
5953.00
5413.00
17268.00
51370.00
57267.00
51191.00
55959.00
20.02%9.31%Liabilities (Non-current)
$30148.00
27114.80
30877.20
30620.50
44196.50
33309.20
32988.40
36677.00
38666.00
54761.00
57081.00
64262.00
56055.00
62075.00
7.12%10.74%Liabilities (Total)
$49403.80
49253.60
52270.90
51190.00
51436.60
56211.80
58802.80
61580.00
62147.00
65680.00
69673.00
82201.00
70184.00
79192.00
4.74%12.83%Treasury Stock
$8813.80
-10210.90
-12834.20
15497.60
15677.10
15460.80
16311.80
17474.00
18065.00
20533.00
24094.00
31335.00
25333.00
32663.00
12.22%28.93%Retained Earnings
$16875.20
19645.60
22004.40
23144.80
23911.30
25301.30
27553.00
29852.00
31646.00
36449.00
42247.00
50931.00
43846.00
52266.00
10.56%19.20%AOCI
$-4571.50
-2693.10
-3783.00
-4729.40
-5626.00
-4563.70
-4427.60
-5607.00
-5539.00
-2539.00
-3056.00
-3114.00
-2372.00
-2863.00
-20.70%Shareholder's Equity
$6862.00
10267.70
9065.50
6757.60
6530.80
9560.50
11291.20
11417.00
12944.00
18434.00
20265.00
21789.00
21336.00
22079.00
11.08%3.48%Liabilities & Equity
$56265.80
59521.30
61336.40
57947.60
57981.40
65786.30
70108.00
73011.00
75091.00
84114.00
90030.00
104087.00
91620.00
101371.00
5.75%10.64%Net Income/Loss
$3071.60
3537.60
3163.30
1940.90
1521.50
2159.20
2370.60
3257.00
2753.00
5965.00
7130.00
10155.00
1957.00
1748.00
11.48%-10.68%Depreciation & Amortization
$1004.20
1140.30
1306.50
1382.40
1559.80
1715.50
1927.10
2019.00
2118.00
2050.00
1895.00
2004.00
494.00
520.00
6.48%5.26%Increase/Decrease in Working Capital
$-5036.70
-2582.30
-1970.40
-280.10
-152.20
1591.70
4080.50
1615.00
-2221.00
-24.00
4299.00
3085.00
3534.00
3280.00
-7.19%Share-based Compensation
$74.50
80.70
78.50
66.10
70.60
68.10
83.80
82.00
81.00
82.00
85.00
130.00
23.00
46.00
5.19%100.00%Adjustments to Reconcile Net Income
$-1903.90
-283.30
362.60
1799.40
2242.80
40.60
-550.30
155.00
4730.00
1761.00
-2431.00
-1566.00
-3203.00
-2656.00
17.08%Net Cash (Operating)
$1167.70
3254.30
3525.90
3740.30
3764.30
2199.80
1820.30
3412.00
7483.00
7726.00
4699.00
8589.00
-1246.00
-908.00
19.89%27.13%Capital Expenditure
$-1347.10
-3417.50
-4096.60
1627.50
3072.50
2762.60
8039.50
3356.00
2722.00
2824.00
4286.00
4550.00
812.00
816.00
0.49%Net Cash (Investing)
$-4004.10
-4820.70
-2881.00
-1058.70
-1177.20
-1644.30
-8154.40
-3924.00
-3319.00
-5750.00
-8485.00
-8749.00
760.00
1217.00
60.13%Increase/Decrease in Debt
$6140.90
12441.90
13530.30
1349.40
-1410.50
4615.80
2515.70
2643.00
528.00
2450.00
5765.00
11524.00
1277.00
-901.00
5.89%-170.56%Increase/Decrease in Equity
$-1526.70
1705.90
2880.60
-2598.60
-169.40
522.50
-741.00
-1075.00
-419.00
-2390.00
-3534.00
-7216.00
-1236.00
-1328.00
-7.44%Dividends Paid
$-697.90
-752.90
-786.00
816.30
761.30
764.00
805.80
943.00
956.00
1040.00
1313.00
1427.00
341.00
386.00
13.20%Net Cash (Financing)
$3880.20
406.50
-288.30
-2119.10
-2400.50
4286.50
876.40
509.00
-980.00
-1078.00
826.00
2808.00
-339.00
-2645.00
-2.90%-680.24%Effect of Exchange Rate
$-38.80
11.70
-73.60
-187.30
-13.00
157.10
26.80
-56.00
32.00
55.00
-224.00
31.00
62.00
16.00
-74.19%Increase/Decrease in Cash
$1005.00
-1148.20
283.00
375.20
173.60
4999.10
-5430.90
-59.00
3216.00
953.00
-3184.00
2679.00
-763.00
-2320.00
9.32%-204.06%Cash (Beginning)
$3647.20
4652.20
3504.00
3787.00
4162.20
4335.80
9334.90
4015.00
3956.00
7172.00
8125.00
4941.00
4941.00
7620.00
2.80%54.22%Cash (Ending)
$4652.20
3504.00
3787.00
4162.20
4335.80
9334.90
3904.00
3956.00
7172.00
8125.00
4941.00
7620.00
4178.00
5300.00
4.59%26.85%NOPAT
$3075.00
3537.50
3170.90
1940.00
1523.90
2182.70
2343.80
3236.00
2801.00
5944.00
7120.00
10148.00
1956.00
1746.00
11.47%-10.74%Gross Margin %
30.84%
32.09%
31.31%
30.21%
31.51%
32.97%
27.81%
27.73%
28.84%
30.81%
32.79%
38.43%
37.29%
40.91%
Operating Margin %
13.09%
14.51%
13.30%
9.63%
8.35%
10.61%
10.90%
10.41%
10.93%
17.27%
17.36%
21.26%
19.70%
18.18%
NOPAT Margin %
8.50%
9.36%
8.79%
6.72%
5.72%
7.34%
6.27%
8.24%
7.88%
13.50%
13.54%
16.57%
15.46%
14.33%
Net Margin %
8.48%
9.36%
8.77%
6.72%
5.72%
7.26%
6.34%
8.29%
7.74%
13.54%
13.56%
16.60%
15.48%
14.37%
Tax Rate %
35.05%
35.49%
33.90%
30.22%
31.48%
30.79%
42.42%
20.84%
27.87%
21.81%
21.99%
22.05%
21.54%
21.17%
ROA
5.47%
5.94%
5.17%
3.35%
2.63%
3.32%
3.34%
4.43%
3.73%
7.07%
7.91%
9.75%
2.13%
1.72%
ROE
44.81%
34.45%
34.98%
28.71%
23.33%
22.83%
20.76%
28.34%
21.64%
32.24%
35.13%
46.57%
9.17%
7.91%
ROIC
126.80%
103.63%
96.04%
25.94%
274.06%
38.01%
27.66%
28.84%
130.18%
145.16%
201.63%
38.01%
34.38%
Asset Turnover
0.64
0.63
0.59
0.50
0.46
0.45
0.53
0.54
0.47
0.52
0.58
0.59
0.14
0.12
Inventory Turnover
4.84
5.20
5.89
5.28
5.46
5.11
4.39
4.75
5.06
4.49
4.16
4.62
0.79
0.81
Equity Multiplier
8.20
5.80
6.77
8.58
8.88
6.88
6.21
6.39
5.80
4.56
4.44
4.78
4.29
4.59
Current Ratio
1.22
0.99
1.03
1.06
2.33
1.20
0.95
1.02
1.57
2.33
5.14
4.29
4.64
4.32
Quick Ratio
0.41
0.28
0.31
0.32
0.74
0.56
0.26
0.51
0.66
1.28
1.09
0.99
0.96
0.87
Debt/Equity Ratio
0.77
2.65
2.53
2.63
0.90
1.14
0.89
1.05
Working Capital/Sales
-0.05
-0.10
-0.09
-0.14
-0.01
-0.19
-0.12
0.04
-0.01
R&D/Sales
0.04
0.04
0.04
0.05
0.05
0.05
0.04
0.05
0.05
0.04
0.04
0.04
0.04
0.04
Dividend Payout Ratio %
-22.70%
-21.28%
-24.79%
42.08%
49.96%
35.00%
34.38%
29.14%
34.13%
17.50%
18.44%
14.06%
17.43%
22.11%
Total Payout
$-5312.10
-14900.70
-17196.90
2065.50
2341.20
-4374.30
-968.90
-625.00
847.00
980.00
-918.00
-2881.00
300.00
2615.00
771.67%Payout Ratio %
-172.75%
-421.22%
-542.33%
106.47%
153.63%
-200.41%
-41.34%
-19.31%
30.24%
16.49%
-12.89%
-28.39%
15.34%
149.77%