DE: Deere & Co Financial Statements
Balance sheet, income statement, and cash flow statements for Deere & Co (DE).
$111.61B Market Cap.
DE Market Cap. (MRY)
DE Shares Outstanding (MRY)
DE Assets (MRY)
Total Assets
$107.32B
Total Liabilities
$84.39B
Total Investments
$54.19B
DE Income (MRY)
Revenue
$51.72B
Net Income
$7.10B
Operating Expense
$8.39B
DE Cash Flow (MRY)
CF Operations
$9.23B
CF Investing
-$6.46B
CF Financing
-$2.72B
DE Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $107,320,000,000 (3.11%) | $104,087,000,000 (15.61%) | $90,030,000,000 (7.03%) | $84,114,000,000 (12.02%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $4,958,000,000 (-1.49%) | $5,033,000,000 (2.61%) | $4,905,000,000 (7.42%) | $4,566,000,000 (3.58%) |
Shareholders Equity | $22,836,000,000 (4.82%) | $21,785,000,000 (7.52%) | $20,262,000,000 (9.93%) | $18,431,000,000 (42.47%) |
Property Plant & Equipment Net | $15,031,000,000 (8.95%) | $13,796,000,000 (8.81%) | $12,679,000,000 (-1.01%) | $12,808,000,000 (-2.34%) |
Cash & Equivalents | $7,324,000,000 (-1.80%) | $7,458,000,000 (56.22%) | $4,774,000,000 (-40.45%) | $8,017,000,000 (13.46%) |
Accumulated Other Comprehensive Income | -$3,706,000,000 (-19.01%) | -$3,114,000,000 (-1.90%) | -$3,056,000,000 (-20.36%) | -$2,539,000,000 (54.16%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $54,186,000,000 (4.30%) | $51,954,000,000 (19.98%) | $43,304,000,000 (10.51%) | $39,186,000,000 (11.05%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $7,093,000,000 (-13.08%) | $8,160,000,000 (-3.94%) | $8,495,000,000 (25.28%) | $6,781,000,000 (35.65%) |
Trade & Non-Trade Receivables | $7,871,000,000 (-24.04%) | $10,362,000,000 (16.40%) | $8,902,000,000 (49.04%) | $5,973,000,000 (10.16%) |
Trade & Non-Trade Payables | $14,543,000,000 (-9.84%) | $16,130,000,000 (8.82%) | $14,822,000,000 (20.04%) | $12,348,000,000 (20.86%) |
Accumulated Retained Earnings (Deficit) | $56,402,000,000 (10.74%) | $50,931,000,000 (20.56%) | $42,247,000,000 (15.91%) | $36,449,000,000 (15.18%) |
Tax Assets | $2,086,000,000 (14.99%) | $1,814,000,000 (120.15%) | $824,000,000 (-20.54%) | $1,037,000,000 (-30.82%) |
Tax Liabilities | $478,000,000 (-8.08%) | $520,000,000 (5.05%) | $495,000,000 (-14.06%) | $576,000,000 (10.98%) |
Total Debt | $65,193,000,000 (2.81%) | $63,411,000,000 (22.18%) | $51,899,000,000 (7.20%) | $48,412,000,000 (5.25%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $84,395,000,000 (2.67%) | $82,201,000,000 (17.98%) | $69,673,000,000 (6.08%) | $65,680,000,000 (5.68%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
DE Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $51,716,000,000 (-15.57%) | $61,251,000,000 (16.50%) | $52,577,000,000 (19.43%) | $44,024,000,000 (23.87%) |
Cost of Revenue | $30,775,000,000 (-18.40%) | $37,715,000,000 (6.73%) | $35,338,000,000 (21.37%) | $29,116,000,000 (22.97%) |
Selling General & Administrative Expense | $4,840,000,000 (5.33%) | $4,595,000,000 (18.95%) | $3,863,000,000 (14.19%) | $3,383,000,000 (-2.70%) |
Research & Development Expense | $2,290,000,000 (5.19%) | $2,177,000,000 (13.86%) | $1,912,000,000 (20.48%) | $1,587,000,000 (-3.47%) |
Operating Expenses | $8,387,000,000 (4.01%) | $8,064,000,000 (14.38%) | $7,050,000,000 (11.67%) | $6,313,000,000 (-6.24%) |
Interest Expense | $3,348,000,000 (36.49%) | $2,453,000,000 (130.98%) | $1,062,000,000 (6.95%) | $993,000,000 (-20.37%) |
Income Tax Expense | $2,094,000,000 (-27.06%) | $2,871,000,000 (43.05%) | $2,007,000,000 (21.05%) | $1,658,000,000 (53.23%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $7,088,000,000 (-30.20%) | $10,155,000,000 (42.43%) | $7,130,000,000 (19.53%) | $5,965,000,000 (116.67%) |
Net Income to Non-Controlling Interests | -$12,000,000 (-9.09%) | -$11,000,000 (-1000.00%) | -$1,000,000 (-150.00%) | $2,000,000 (0.00%) |
Net Income | $7,100,000,000 (-30.16%) | $10,166,000,000 (42.56%) | $7,131,000,000 (19.59%) | $5,963,000,000 (116.76%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $7,100,000,000 (-30.16%) | $10,166,000,000 (42.56%) | $7,131,000,000 (19.59%) | $5,963,000,000 (116.76%) |
Weighted Average Shares | $276,000,000 (-5.54%) | $292,200,000 (-4.04%) | $304,500,000 (-2.28%) | $311,600,000 (-0.61%) |
Weighted Average Shares Diluted | $277,100,000 (-5.62%) | $293,600,000 (-4.15%) | $306,300,000 (-2.45%) | $314,000,000 (-0.82%) |
Earning Before Interest & Taxes (EBIT) | $12,542,000,000 (-19.03%) | $15,490,000,000 (51.86%) | $10,200,000,000 (18.41%) | $8,614,000,000 (69.57%) |
Gross Profit | $20,941,000,000 (-11.03%) | $23,536,000,000 (36.53%) | $17,239,000,000 (15.64%) | $14,908,000,000 (25.67%) |
Operating Income | $12,554,000,000 (-18.86%) | $15,472,000,000 (51.85%) | $10,189,000,000 (18.55%) | $8,595,000,000 (67.54%) |
DE Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$6,464,000,000 (26.12%) | -$8,749,000,000 (-3.11%) | -$8,485,000,000 (-47.57%) | -$5,750,000,000 (-73.24%) |
Net Cash Flow from Financing | -$2,717,000,000 (-196.76%) | $2,808,000,000 (239.95%) | $826,000,000 (176.62%) | -$1,078,000,000 (-10.00%) |
Net Cash Flow from Operations | $9,231,000,000 (7.47%) | $8,589,000,000 (82.78%) | $4,699,000,000 (-39.18%) | $7,726,000,000 (3.25%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $13,000,000 (-99.51%) | $2,679,000,000 (184.14%) | -$3,184,000,000 (-434.10%) | $953,000,000 (-70.37%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$82,000,000 (83.53%) | -$498,000,000 (-104.10%) | -$244,000,000 (-269.70%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$3,464,000,000 (42.63%) | -$6,038,000,000 (2.71%) | -$6,206,000,000 (-24.74%) | -$4,975,000,000 (-114.81%) |
Capital Expenditure | -$2,873,000,000 (-15.52%) | -$2,487,000,000 (-46.73%) | -$1,695,000,000 (-248.77%) | -$486,000,000 (44.33%) |
Issuance (Repayment) of Debt Securities | $3,008,000,000 (-73.90%) | $11,524,000,000 (99.90%) | $5,765,000,000 (135.31%) | $2,450,000,000 (364.02%) |
Issuance (Purchase) of Equity Shares | -$4,007,000,000 (44.47%) | -$7,216,000,000 (-100.61%) | -$3,597,000,000 (-41.73%) | -$2,538,000,000 (-505.73%) |
Payment of Dividends & Other Cash Distributions | -$1,605,000,000 (-12.47%) | -$1,427,000,000 (-8.68%) | -$1,313,000,000 (-26.25%) | -$1,040,000,000 (-8.79%) |
Effect of Exchange Rate Changes on Cash | -$37,000,000 (-219.35%) | $31,000,000 (113.84%) | -$224,000,000 (-507.27%) | $55,000,000 (71.88%) |
Share Based Compensation | $208,000,000 (60.00%) | $130,000,000 (52.94%) | $85,000,000 (3.66%) | $82,000,000 (1.23%) |
Depreciation Amortization & Accretion | $2,118,000,000 (5.69%) | $2,004,000,000 (5.75%) | $1,895,000,000 (-7.56%) | $2,050,000,000 (-3.21%) |
DE Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 40.50% (5.47%) | 38.40% (17.07%) | 32.80% (-3.24%) | 33.90% (1.50%) |
Profit Margin | 13.70% (-17.47%) | 16.60% (22.06%) | 13.60% (0.74%) | 13.50% (75.32%) |
EBITDA Margin | 28.30% (-1.05%) | 28.60% (24.35%) | 23.00% (-4.96%) | 24.20% (19.21%) |
Return on Average Equity (ROAE) | 31.30% (-31.81%) | 45.90% (22.40%) | 37.50% (-0.53%) | 37.70% (69.82%) |
Return on Average Assets (ROAA) | 6.70% (-34.31%) | 10.20% (21.43%) | 8.40% (12.00%) | 7.50% (108.33%) |
Return on Sales (ROS) | 24.30% (-3.95%) | 25.30% (30.41%) | 19.40% (-1.02%) | 19.60% (37.06%) |
Return on Invested Capital (ROIC) | 7.90% (-24.76%) | 10.50% (29.63%) | 8.10% (8.00%) | 7.50% (63.04%) |
Dividend Yield | 1.40% (0.00%) | 1.40% (27.27%) | 1.10% (0.00%) | 1.10% (-15.38%) |
Price to Earnings Ratio (P/E) | 15.85 (52.77%) | 10.38 (-38.75%) | 16.95 (-5.26%) | 17.89 (-30.57%) |
Price to Sales Ratio (P/S) | 2.18 (26.35%) | 1.72 (-25.02%) | 2.3 (-5.16%) | 2.42 (21.58%) |
Price to Book Ratio (P/B) | 4.89 (2.37%) | 4.77 (-19.24%) | 5.91 (2.64%) | 5.76 (5.24%) |
Debt to Equity Ratio (D/E) | 3.7 (-2.04%) | 3.77 (9.71%) | 3.44 (-3.51%) | 3.56 (-25.81%) |
Earnings Per Share (EPS) | 25.73 (-26.06%) | 34.8 (48.59%) | 23.42 (22.36%) | 19.14 (118.24%) |
Sales Per Share (SPS) | 187.38 (-10.61%) | 209.62 (21.40%) | 172.67 (22.21%) | 141.28 (24.63%) |
Free Cash Flow Per Share (FCFPS) | 23.04 (10.31%) | 20.88 (111.69%) | 9.87 (-57.54%) | 23.23 (10.20%) |
Book Value Per Share (BVPS) | 82.74 (10.98%) | 74.56 (12.04%) | 66.54 (12.50%) | 59.15 (43.34%) |
Tangible Assets Book Value Per Share (TABVPS) | 370.88 (9.41%) | 338.99 (21.26%) | 279.56 (9.51%) | 255.29 (13.23%) |
Enterprise Value Over EBIT (EV/EBIT) | 14 (40.00%) | 10 (-37.50%) | 16 (-5.88%) | 17 (-22.73%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 11.63 (27.70%) | 9.11 (-33.91%) | 13.78 (0.24%) | 13.74 (-10.93%) |
Asset Turnover | 0.49 (-20.45%) | 0.62 (-0.32%) | 0.62 (11.96%) | 0.55 (16.95%) |
Current Ratio | - | - | - | - |
Dividends | $5.88 (16.44%) | $5.05 (15.83%) | $4.36 (20.78%) | $3.61 (18.75%) |
Free Cash Flow (FCF) | $6,358,000,000 (4.20%) | $6,102,000,000 (103.13%) | $3,004,000,000 (-58.51%) | $7,240,000,000 (9.53%) |
Enterprise Value (EV) | $170,460,573,757 (7.01%) | $159,298,408,384 (-4.41%) | $166,646,120,166 (13.69%) | $146,579,144,534 (31.96%) |
Earnings Before Tax (EBT) | $9,194,000,000 (-29.48%) | $13,037,000,000 (42.67%) | $9,138,000,000 (19.91%) | $7,621,000,000 (98.83%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $14,660,000,000 (-16.20%) | $17,494,000,000 (44.64%) | $12,095,000,000 (13.42%) | $10,664,000,000 (48.15%) |
Invested Capital | $160,231,000,000 (3.37%) | $155,007,000,000 (17.21%) | $132,250,000,000 (10.26%) | $119,943,000,000 (9.42%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $102,362,000,000 (3.34%) | $99,054,000,000 (16.36%) | $85,125,000,000 (7.01%) | $79,548,000,000 (12.54%) |
Market Capitalization | $111,609,573,757 (7.31%) | $104,011,408,384 (-13.16%) | $119,777,120,166 (12.85%) | $106,137,144,534 (49.92%) |
Average Equity | $22,664,250,000 (2.37%) | $22,140,000,000 (16.52%) | $19,000,750,000 (20.00%) | $15,834,250,000 (27.66%) |
Average Assets | $105,540,000,000 (6.22%) | $99,362,750,000 (16.71%) | $85,140,000,000 (6.67%) | $79,815,250,000 (5.89%) |
Invested Capital Average | $159,241,750,000 (7.77%) | $147,763,500,000 (17.53%) | $125,718,750,000 (9.02%) | $115,316,250,000 (3.41%) |
Shares | 273,599,818 (-5.00%) | 288,000,577 (-4.58%) | 301,819,630 (-2.66%) | 310,061,478 (-1.06%) |
