Deere & Company Income Statement
DE / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Deere & Company reported $45.7B in revenue and $5.0B in net income for FY2025. Revenue has grown at a 2.6% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 1.04 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $45.7B | $51.7B | $61.3B | $35.5B | $39.3B | $35.5B | $29.7B | $37.4B | $29.7B | $26.6B | $28.9B | $36.1B | $32.0B | $36.2B | $32.0B |
| Cost of Revenue | - | - | - | - | - | - | - | - | $19.9B | $18.2B | $20.1B | $24.8B | $21.9B | $25.0B | $21.9B |
| Gross Profit | - | - | - | - | - | - | $1.5B | $1.3B | $901.0M | $929.0M | $1.2B | $1.8B | $1.8B | $1.5B | $1.4B |
| SG&A Expense | $4.7B | $4.8B | $4.6B | $3.5B | $3.6B | $3.5B | $3.1B | $3.5B | $3.1B | $2.8B | $2.9B | $3.3B | $3.2B | $3.4B | $3.2B |
| R&D Expense | $2.3B | $2.3B | $2.2B | $1.6B | $1.8B | $1.6B | $1.4B | $1.7B | $1.4B | $1.4B | $1.4B | $1.5B | $1.2B | $1.4B | $1.2B |
| Operating Income | - | $9.0B | $13.0B | $4.3B | $4.4B | $4.3B | $3.6B | $4.5B | $3.6B | $2.6B | $3.1B | $5.2B | $4.6B | $5.1B | $4.6B |
| Interest Expense | $3.2B | $3.3B | $2.5B | $1.2B | $1.5B | $1.2B | $899.0M | $1.2B | $899.0M | $763.7M | $680.0M | $664.0M | $759.4M | $782.8M | $759.4M |
| Income Tax | $1.3B | $2.1B | $2.9B | $1.1B | $852.0M | $1.1B | $971.0M | $1.7B | $971.0M | $700.1M | $840.1M | $1.6B | $1.4B | $1.7B | $1.4B |
| Net Income | $5.0B | $7.1B | $10.2B | $2.8B | $3.3B | $2.8B | $2.2B | $2.4B | $2.2B | $1.5B | $1.9B | $3.2B | $2.8B | $3.1B | $2.8B |
| EPS (Basic) | $34.80 | $23.42 | $19.14 | $8.77 | $10.28 | $7.34 | $6.76 | $4.83 | $5.81 | $8.71 | $9.18 | $7.72 | $6.71 | $4.40 | $2.07 |
| EPS (Diluted) | $34.63 | $23.28 | $18.99 | $8.69 | $10.15 | $7.24 | $6.68 | $4.81 | $5.77 | $8.63 | $9.09 | $7.63 | $6.63 | $4.35 | $2.06 |
| Shares Outstanding | 270.4M | 271.8M | 281.6M | 316.6M | 320.6M | 327.3M | 323.3M | 316.6M | 336.0M | 366.1M | 389.2M | 401.5M | 422.4M | 428.6M | 424.4M |
| Gross Margin | - | - | - | - | - | - | 5.1% | 3.4% | 3.0% | 3.5% | 4.1% | 4.9% | 5.5% | 4.3% | 4.4% |
| Operating Margin | - | 17.5% | 21.2% | 12.1% | 11.3% | 12.1% | 12.0% | 12.0% | 12.0% | 9.8% | 10.9% | 14.5% | 14.3% | 14.1% | 14.3% |
| Profit Margin | 11.0% | 13.7% | 16.6% | 7.7% | 8.3% | 7.7% | 7.3% | 6.3% | 7.3% | 5.7% | 6.7% | 8.8% | 8.8% | 8.5% | 8.8% |