Deere Historical Income Statement

DE Stock  USD 446.65  9.11  2.08%   
Historical analysis of Deere income statement accounts such as Selling General Administrative of 2.7 B can show how well Deere Company performed in making a profits. Evaluating Deere income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Deere's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Deere Company latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Deere Company is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deere Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About Deere Income Statement Analysis

Deere Company Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Deere shareholders. The income statement also shows Deere investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Deere Income Statement Chart

At present, Deere's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 73.9 B, whereas Total Operating Expenses is forecasted to decline to about 4 B.

Total Revenue

Total revenue comprises all receipts Deere Company generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Deere Company minus its cost of goods sold. It is profit before Deere operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Deere Company. It is also known as Deere overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Deere's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Deere Company current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deere Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At present, Deere's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 73.9 B, whereas Total Operating Expenses is forecasted to decline to about 4 B.
 2021 2022 2023 2024 (projected)
Interest Expense1.1B2.5B2.8B3.0B
Depreciation And Amortization1.9B2.0B2.3B2.4B

Deere income statement Correlations

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0.630.850.650.950.950.940.940.950.950.950.310.96-0.610.930.890.920.370.480.870.00.630.53-0.670.81
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0.640.910.550.950.970.90.990.990.980.930.160.99-0.821.00.920.870.380.590.950.070.750.73-0.70.88
0.230.310.20.390.370.380.370.350.350.40.110.38-0.240.380.370.350.380.160.4-0.010.230.2-0.20.21
0.030.620.080.430.470.340.570.560.520.4-0.40.55-0.580.560.480.350.590.160.6-0.010.420.32-0.790.77
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0.590.330.120.180.170.220.120.130.180.190.310.07-0.380.080.00.30.07-0.01-0.010.150.560.510.040.07
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0.50.930.390.790.820.730.870.890.870.77-0.080.86-0.710.870.810.760.880.210.770.880.070.670.51-0.93
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Deere Account Relationship Matchups

Deere income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.1B2.1B1.9B2.0B2.3B2.4B
Interest Expense1.2B993M1.1B2.5B2.8B3.0B
Selling General Administrative3.7B3.4B3.9B4.6B5.3B2.7B
Total Revenue34.7B43.0B52.6B61.2B70.4B73.9B
Gross Profit11.0B13.9B17.2B21.1B24.3B25.5B
Other Operating Expenses30.4B35.4B42.4B45.9B52.8B55.4B
Operating Income5.1B8.6B10.2B15.3B17.6B18.5B
Ebit5.6B8.4B9.1B15.0B17.3B18.2B
Ebitda7.7B10.4B11.0B17.0B19.6B20.6B
Cost Of Revenue23.7B29.1B35.3B40.1B46.1B48.4B
Total Operating Expenses6.7B6.3B7.1B5.8B6.6B4.0B
Income Before Tax3.9B7.6B9.1B13.0B15.0B15.7B
Total Other Income Expense Net(1.2B)(842M)(1.1B)(2.3B)(2.1B)(2.0B)
Net Income2.8B6.0B7.1B10.2B11.7B12.3B
Income Tax Expense1.1B1.7B2.0B2.9B3.3B3.5B
Research Development1.6B1.6B1.9B2.2B2.5B2.6B
Net Income Applicable To Common Shares2.8B6.0B7.1B10.2B11.7B12.3B
Net Income From Continuing Ops2.8B6.0B7.1B10.2B11.7B12.3B
Non Operating Income Net Other26.8M21M(48M)10M11.5M12.1M
Minority Interest2M(2M)1M11M9.9M10.4M
Tax Provision1.1B1.7B2.0B2.9B3.3B3.5B
Interest Income1.4B1.2B993M736M846.4M1.1B
Reconciled Depreciation2.1B2.1B1.9B2.0B2.3B2.2B
Net Interest Income(1.2B)(993M)(1.1B)(2.5B)(2.2B)(2.3B)
Selling And Marketing Expenses200M52M49M1.0B1.2B1.2B

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deere Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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Is Agricultural & Farm Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Deere. If investors know Deere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Deere listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Earnings Share
25.64
Revenue Per Share
200.394
Quarterly Revenue Growth
(0.17)
Return On Assets
0.0786
The market value of Deere Company is measured differently than its book value, which is the value of Deere that is recorded on the company's balance sheet. Investors also form their own opinion of Deere's value that differs from its market value or its book value, called intrinsic value, which is Deere's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Deere's market value can be influenced by many factors that don't directly affect Deere's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Deere's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deere is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deere's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.