Deere (DE) Net Margin %

: 14.78% (As of Jan. 2024)

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Net margin is calculated as Net Income divided by its Revenue. Deere's Net Income for the three months ended in Jan. 2024 was $1,751 Mil. Deere's Revenue for the three months ended in Jan. 2024 was $11,846 Mil. Therefore, Deere's net margin for the quarter that ended in Jan. 2024 was 14.78%.

The historical rank and industry rank for Deere's Net Margin % or its related term are showing as below:

DE' s Net Margin % Range Over the Past 10 Years
Min: 5.88 Med: 8.2 Max: 16.87
Current: 16.68

DE's Net Margin % is ranked better than
93.27% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 5.025 vs DE: 16.68

Deere Net Margin % Historical Data

The historical data trend for Deere's Net Margin % 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 Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Net Margin %

8.48

7.92

13.86

13.91

16.87

Deere Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Net Margin %																15.80	16.67	19.17	15.63	14.78

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Deere's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Deere Net Margin % Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's Net Margin % distribution charts can be found below:

* The bar in red indicates where Deere's Net Margin % falls into.

Deere Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Deere's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin	=	Net Income (A: Oct. 2023 )	/	Revenue (A: Oct. 2023 )
	=	10166	/	60248
	=	16.87 %

Deere's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin	=	Net Income (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	1751	/	11846
	=	14.78 %

Deere (NYSE:DE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Deere Net Margin % Related Terms

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Deere (DE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Deere & Co (NYSE:DE) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

DE:Mexico 1DE:Italy DCOd:UK DCO:Germany DEEC34:Brazil DEER:Austria DE:Argentina

Address

One John Deere Place, Moline, IL, USA, 61265

Website

https://www.deere.com

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