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Deere (DE) Retained Earnings : $52,266 Mil (As of Jan. 2024)


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What is Deere Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Deere's retained earnings for the quarter that ended in Jan. 2024 was $52,266 Mil.

Deere's quarterly retained earnings increased from Jul. 2023 ($48,947 Mil) to Oct. 2023 ($50,931 Mil) and increased from Oct. 2023 ($50,931 Mil) to Jan. 2024 ($52,266 Mil).

Deere's annual retained earnings increased from Oct. 2021 ($36,449 Mil) to Oct. 2022 ($42,247 Mil) and increased from Oct. 2022 ($42,247 Mil) to Oct. 2023 ($50,931 Mil).


Deere Retained Earnings Historical Data

The historical data trend for Deere's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Deere Retained Earnings Chart

Deere Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29,852.00 31,646.00 36,449.00 42,247.00 50,931.00

Deere Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43,846.00 46,336.00 48,947.00 50,931.00 52,266.00

Deere Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Deere  (NYSE:DE) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Deere (DE) Business Description

Address
One John Deere Place, Moline, IL, USA, 61265
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
Executives
Deanna M Kovar officer: Pres Ag & Turf, Sml Ag & Turf ONE JOHN DEERE PLACE, MOLINE IL 61265
Ryan D Campbell officer: Senior Vice President & CFO ONE JOHN DEERE PLACE, MOLINE IL 61265
Laurence Neil Hunn director 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
Reed Cory J officer: Pres., John Deere Financial DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
May John C Ii officer: President, Ag Solutions & CIO DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Pentz Markwart Von officer: Pres.Ag Div.Europe,Africa,SA DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Tami A. Erwin director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jahmy J Hindman officer: Sr VP & Chief Technology Offcr ONE JOHN DEERE PLACE, MOLINE IL 61265
Marc A Howze officer: Sr. VP & Chief Admin Offcr DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Justin Ryan Rose officer: Pres, L.C. Sol, Cus Sup & S.M. ONE JOHN DEERE PLACE, MOLINE IL 61265
Joshua A Jepsen officer: Senior V.P. & CFO ONE JOHN DEERE PLACE, MOLINE IL 61265
Felecia J. Pryor officer: Snr V.P. & Chief People Offcr 3850 W. HAMLIN ROAD, AUBURN HILLS MI 48326
John H Stone officer: Pres., WW Const & For & Pow Sy C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
Leanne G Caret director 1000 WILSON BLVD, ARLINGTON VA 22209
Rajesh Kalathur officer: Sr. VP and CFO DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265

Deere (DE) Headlines

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