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Deere (LTS:0R2P) Net Margin % : 11.50% (As of Oct. 2024)


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What is Deere Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Deere's Net Income for the three months ended in Oct. 2024 was $1,245 Mil. Deere's Revenue for the three months ended in Oct. 2024 was $10,826 Mil. Therefore, Deere's net margin for the quarter that ended in Oct. 2024 was 11.50%.

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

LTS:0R2P' s Net Margin % Range Over the Past 10 Years
Min: 5.88   Med: 8.2   Max: 16.87
Current: 14.06


LTS:0R2P's Net Margin % is ranked better than
89.05% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 5.07 vs LTS:0R2P: 14.06

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 Net Margin % Chart

Deere Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.92 13.86 13.91 16.87 14.05

Deere Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Net Margin % 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 15.63 14.78 15.80 13.50 11.50

Competitive Comparison of Deere's Net Margin %

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's Net Margin % Distribution in the Farm & Heavy Construction Machinery Industry

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. 2024 is calculated as

Net Margin=Net Income (A: Oct. 2024 )/Revenue (A: Oct. 2024 )
=7100/50518
=14.05 %

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

Net Margin=Net Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=1245/10826
=11.50 %

* 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.


Deere  (LTS:0R2P) 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 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 in their green and yellow livery. 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.

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