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Deere & Company

Industrials US DE

404.96USD
4.87(1.22%)

Last update at 2024-11-20T21:00:00Z

Day Range

400.65408.94
LowHigh

52 Week Range

343.27448.42
LowHigh

Fundamentals

  • Previous Close 400.09
  • Market Cap111210.79M
  • Volume1116787
  • P/E Ratio11.46
  • Dividend Yield1.48%
  • EBITDA16572.00M
  • Revenue TTM61222.00M
  • Revenue Per Share TTM209.52
  • Gross Profit TTM 14486.00M
  • Diluted EPS TTM34.64

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Type yearly yearly yearly yearly yearly
Date 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Income before tax 13019.00M 9127.00M 7602.00M 3883.00M 4088.00M
Minority interest 11.00M 1.00M -2.00000M 2.00M 4.00M
Net income 10166.00M 7131.00M 5963.00M 2751.00M 3253.00M
Selling general administrative 4595.00M 3912.00M 3435.00M 3677.00M 3694.00M
Selling and marketing expenses - -49.00000M -52.00000M -200.00000M 143.00M
Gross profit 22533.00M 17239.00M 13917.00M 11045.00M 11587.00M
Reconciled depreciation 2004.00M 1895.00M 2050.00M 2118.00M 2019.00M
Ebit 15472.00M 10189.00M 8595.00M 5130.00M 5554.00M
Ebitda 17476.00M 12084.00M 10645.00M 7248.00M 7573.00M
Depreciation and amortization 2004.00M 1895.00M 2050.00M 2118.00M 2019.00M
Non operating income net other - 10.00M 21.00M -48.00000M 21.00M
Operating income 15472.00M 10189.00M 8595.00M 5130.00M 5554.00M
Other operating expenses 45779.00M 42388.00M 35429.00M 30410.00M 33704.00M
Interest expense 2453.00M 1062.00M 993.00M 1247.00M 1466.00M
Tax provision 2871.00M 2007.00M 1658.00M 1082.00M 852.00M
Interest income - 736.00M 993.00M 1247.00M 1410.00M
Net interest income -2453.00000M -1062.00000M -993.00000M -1247.00000M -1466.00000M
Extraordinary items - - - - 68.00M
Non recurring - - - - -
Other items - - - - -
Income tax expense 2871.00M 2007.00M 1658.00M 1082.00M 852.00M
Total revenue 60248.00M 52577.00M 43033.00M 34722.00M 38379.00M
Total operating expenses 8064.00M 7050.00M 6313.00M 6733.00M 6912.00M
Cost of revenue 37715.00M 35338.00M 29116.00M 23677.00M 26792.00M
Total other income expense net 1003.00M -1062.00000M -993.00000M -1247.00000M -1466.00000M
Discontinued operations - - - - -
Net income from continuing ops 10155.00M 7130.00M 5965.00M 2801.00M 3236.00M
Net income applicable to common shares - 7131.00M 5963.00M 2751.00M 3253.00M
Preferred stock and other adjustments - - - - -
Breakdown 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Type yearly yearly yearly yearly yearly
Date 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Total assets 104087.00M 90030.00M 84114.00M 75091.00M 73011.00M
Intangible assets 1133.00M 1218.00M 1275.00M 1327.00M 1380.00M
Earning assets - - - - -
Other current assets - 1061.00M 43.00M 59.00M 41763.00M
Total liab 82201.00M 69673.00M 65680.00M 62147.00M 61580.00M
Total stockholder equity 21785.00M 20262.00M 18431.00M 12937.00M 11413.00M
Deferred long term liab - 495.00M 576.00M 519.00M 495.00M
Other current liab 16130.00M 9972.00M -1695.00000M -1542.00000M -1493.00000M
Common stock 5303.00M 5165.00M 5054.00M 4895.00M 4642.00M
Capital stock - 5165.00M 5054.00M 4895.00M 4642.00M
Retained earnings 50931.00M 42247.00M 36449.00M 31646.00M 29852.00M
Other liab - 2952.00M 5063.00M 6037.00M 6590.00M
Good will 3900.00M 3687.00M 3291.00M 3081.00M 2917.00M
Other assets - 7142.00M 31216.00M 3370.00M 62741.00M
Cash 7458.00M 4774.00M 8017.00M 7066.00M 3857.00M
Cash and equivalents - 4774.00M 8017.00M 7066.00M 3857.00M
Total current liabilities 41064.00M 33125.00M 27872.00M 23481.00M 24903.00M
Current deferred revenue - 956.00M 1838.00M 1647.00M 1635.00M
Net debt 55953.00M 47125.00M 40395.00M 38932.00M 41477.00M
Short term debt 24934.00M 18303.00M 15524.00M 13264.00M 15105.00M
Short long term debt 24934.00M 18303.00M 15524.00M 13243.00M 15105.00M
Short long term debt total 63411.00M 51899.00M 48412.00M 45998.00M 45334.00M
Other stockholder equity -31335.00000M -24094.00000M -20533.00000M -18065.00000M -17474.00000M
Property plant equipment - 6021.00M 12808.00M 6102.00M 5973.00M
Total current assets 77934.00M 65475.00M 59957.00M 52581.00M 50754.00M
Long term investments - 117.00M 175.00M 29943.00M 29410.00M
Net tangible assets - 15357.00M 13865.00M 8529.00M 7130.00M
Short term investments 946.00M 734.00M 728.00M 641.00M 581.00M
Net receivables 61370.00M 51472.00M 44431.00M 39875.00M 40341.00M
Long term debt 38477.00M 33596.00M 32888.00M 37416.00M 34550.00M
Inventory 8160.00M 8495.00M 6781.00M 4999.00M 5975.00M
Accounts payable - 3894.00M 12205.00M 10112.00M 9656.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 3.00M 3.00M 7.00M 4.00M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -3114.00000M -3056.00000M -2539.00000M -5539.00000M -5607.00000M
Additional paid in capital - - - - -
Common stock total equity - 5165.00M 5054.00M 4895.00M 4642.00M
Preferred stock total equity - - - - -
Retained earnings total equity - 42247.00M 36449.00M 31646.00M 29852.00M
Treasury stock - - -20533.00000M -18065.00000M -17474.00000M
Accumulated amortization - - - - -
Non currrent assets other 2503.00M 6030.00M 5571.00M 3295.00M 2739.00M
Deferred long term asset charges - - - - -
Non current assets total 26153.00M 24555.00M 24157.00M 22510.00M 22257.00M
Capital lease obligations - 323.00M 342.00M 453.00M -
Long term debt total - 33596.00M 37493.00M 37416.00M 34550.00M
Breakdown 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Type yearly yearly yearly yearly yearly
Date 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Investments -8749.00000M -8485.00000M -85.00000M -2621.00000M -2218.00000M
Change to liabilities - 1133.00M 1884.00M 1.00M 219.00M
Total cashflows from investing activities - -8485.00000M -5750.00000M -3319.00000M -3924.00000M
Net borrowings - 5765.00M 2450.00M 528.00M -917.00000M
Total cash from financing activities 2808.00M 826.00M -1078.00000M -980.00000M 509.00M
Change to operating activities - -1015.00000M 29.00M -537.00000M -233.00000M
Net income 10155.00M 7130.00M 5965.00M 2753.00M 3257.00M
Change in cash 2679.00M -3184.00000M 953.00M 3216.00M -59.00000M
Begin period cash flow 4941.00M 8125.00M 7172.00M 3956.00M 4015.00M
End period cash flow 7620.00M 4941.00M 8125.00M 7172.00M 3956.00M
Total cash from operating activities 8589.00M 4699.00M 7726.00M 7483.00M 3412.00M
Issuance of capital stock - 63.00M 148.00M 331.00M 178.00M
Depreciation 2004.00M 1895.00M 2050.00M 2118.00M 2019.00M
Other cashflows from investing activities - -6292.00000M -3170.00000M 1958.00M 1743.00M
Dividends paid 1427.00M 1313.00M 1040.00M 956.00M 943.00M
Change to inventory 279.00M -2091.00000M -2497.00000M 397.00M -780.00000M
Change to account receivables -4253.00000M -2483.00000M 969.00M 2009.00M -142.00000M
Sale purchase of stock -7216.00000M -3597.00000M -2538.00000M -750.00000M -1253.00000M
Other cashflows from financing activities -73.00000M 14118.00M 9442.00M 7778.00M 8953.00M
Change to netincome - -12.00000M -683.00000M 391.00M -249.00000M
Capital expenditures 4468.00M 3788.00M 2580.00M 2656.00M 3449.00M
Change receivables - -2483.00000M 969.00M 2009.00M -869.00000M
Cash flows other operating - -999.00000M -343.00000M -186.00000M -185.00000M
Exchange rate changes - - - - -
Cash and cash equivalents changes - -2960.00000M 898.00M 3184.00M -3.00000M
Change in working capital -3337.00000M -4315.00000M 396.00M 1870.00M -1663.00000M
Stock based compensation 130.00M 85.00M 82.00M 81.00M 82.00M
Other non cash items 427.00M -30.00000M -326.00000M 672.00M 182.00M
Free cash flow 4121.00M 911.00M 5146.00M 4827.00M -37.00000M

Peer Comparison

Sector: Industrials Industry: Farm & Heavy Construction Machinery

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
DE
Deere & Company
4.87 1.22% 404.96 11.46 13.68 1.77 4.98 2.72 9.37
CAT
Caterpillar Inc
-0.84 0.22% 381.49 16.45 14.12 2.21 7.20 2.67 12.23
PCAR
PACCAR Inc
-0.5 0.45% 109.88 11.36 14.99 1.76 3.90 1.92 9.79
VLVLY
Volvo AB ADR
-0.32 1.31% 24.06 12.06 12.84 0.10 3.05 0.13 0.83
VOLVF
Volvo AB ser. B
- -% 24.26 11.95 12.67 0.10 3.01 0.13 0.84

Reports Covered

Stock Research & News

Profile

Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides large and medium tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, harvesting front-end equipment, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. The company was founded in 1837 and is headquartered in Moline, Illinois.

Deere & Company

One John Deere Place, Moline, IL, United States, 61265

Key Executives

Name Title Year Born
Mr. John C. May II Chairman & CEO 1969
Mr. Rajesh Kalathur Chief Information Officer 1968
Mr. Ryan D. Campbell Pres of Worldwide Construction, Forestry & Power Systems 1975
Mr. Cory J. Reed Pres of Worldwide Ag & Turf Division, Production & Precision Ag for Americas and Australia 1971
Mr. Joshua A. Jepsen Sr. VP & CFO 1978
Mr. Jeffrey A. Trahan VP of Pension Fund & Investments NA
Mr. Jahmy J. Hindman Chief Technology Officer NA
Brent Norwood Director of Investor Relations NA
Ms. Mary K. W. Jones Sr. VP of International Public Affairs & Legal Advisor 1968
Ms. Renee A. Mailhot VP & Chief Compliance Officer NA

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