← DEERE & CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $26.6b $29.7b $37.4b $39.3b $35.5b $44.0b $52.6b $61.3b $51.7b $45.7b
Cost of Goods and Services Sold $18.2b $19.9b $29.4b $31.3b $27.8b $32.6b $39.2b $43.7b $37.8b $31.0b
Gross Profit (Calculated) $8.4b $9.8b $7.9b $8.0b $7.8b $11.4b $13.4b $17.6b $13.9b $14.7b
Operating Costs and Expenses $163.0m $1.3b — — — — — — — —
Other operating expenses $1.3b $1.3b — — $1.6b $1.3b $1.3b $1.3b $1.3b $1.1b
Operating Income (Loss) $2.6b $3.5b $4.5b $4.4b $4.3b $8.0b $9.5b $13.0b $9.0b —
Additional Financial Items
Amortization of Intangible Assets $15.0m $18.0m $100.0m $109.0m $102.0m $116.0m $145.0m $169.0m $166.0m $143.0m
Basic (in shares) $315.2m $319.5m $322.6m $316.5m $313.5m $311.6m $304.5m $292.2m $276.0m $270.9m
Capitalized Computer Software, Amortization $102.0m $118.0m $145.0m $150.0m $133.0m $121.0m $117.0m $144.0m $180.0m $227.0m
Diluted (in shares) $316.6m $323.3m $327.3m $320.6m $316.6m $314.0m $306.3m $293.6m $277.1m $271.7m
Equity Securities, FV-NI, Realized Gain (Loss) — — — — $1.0m $2.0m — ($1.0m) $88.0m —
Equity in income (loss) of unconsolidated affiliates ($2.4m) ($23.5m) $26.8m $21.0m ($48.0m) $21.0m $10.0m $7.0m ($24.0m) —
Foreign Currency Transaction Gain (Loss), before Tax ($38.0m) ($62.0m) ($8.0m) ($13.0m) $18.0m ($134.0m) ($175.0m) ($159.0m) ($63.0m) ($60.0m)
Goodwill, Impairment Loss — — — — — — — — — $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $967.0m $1.6b $2.3b $2.2b $2.1b $4.1b $5.0b $7.8b $5.9b $2.7b
Income (Loss) from Equity Method Investments ($2.4m) ($23.5m) $26.8m $21.0m ($48.0m) $21.0m $10.0m $7.0m ($24.0m) —
Income of Consolidated Group $1.5b $2.2b $2.3b $3.2b $2.8b $5.9b $7.1b $10.1b $7.1b $5.0b
Income of Consolidated Group before Income Taxes $2.2b $3.2b $4.1b $4.1b $3.9b $7.6b $9.1b $13.0b $9.2b $6.3b
Investment Income, Interest $1.5b $1.6b $1.8b $2.1b $2.0b $1.9b $2.0b — — —
Lease Income — — — — $1.6b $1.6b $1.5b $1.5b $1.6b $1.7b
Less: Net loss attributable to noncontrolling interests ($2.4m) $100k $2.2m $4.0m $2.0m $2.0m ($1.0m) ($11.0m) ($12.0m) ($29.0m)
Other Income $745.5m $1.1b — — — — — — — —
Other Operating Income $265.0m $230.0m — — — — — — — —
Provision for income taxes $700.1m $971.1m $1.7b $852.0m $1.1b $1.7b $2.0b $2.9b $2.1b $1.3b
Total $24.4b $26.6b $33.3b $35.2b $31.7b $36.4b $43.5b $48.2b $42.5b $39.4b
Net Income (Loss) Attributable to Parent $1.5b $2.2b $2.4b $3.3b $2.8b $6.0b $7.1b $10.2b $7.1b $5.0b
Net Income (Loss) Available to Common Stockholders, Basic $1.5b $2.2b $2.4b $3.3b $2.8b $6.0b $7.1b $10.2b $7.1b $5.0b
Net Income (Loss) Attributable to Noncontrolling Interest ($2.4m) $100k $2.2m $4.0m $2.0m $2.0m ($1.0m) ($11.0m) ($12.0m) ($29.0m)
Common Stock, Dividends, Per Share, Declared $2.40 $2.40 $2.58 $3.04 $3.04 $3.61 $4.36 $5.05 $5.88 $6.48
Earnings Per Share, Basic $4.83 $6.76 $7.34 $10.28 $8.77 $19.14 $23.42 $34.80 $25.73 $18.55
Earnings Per Share, Diluted $4.81 $6.68 $7.24 $10.15 $8.69 $18.99 $23.28 $34.63 $25.62 $18.50
Weighted Average Number of Shares Outstanding, Basic 315.2m 319.5m 322.6m 316.5m 313.5m 311.6m 304.5m 292.2m 276.0m 270.9m
Weighted Average Number of Shares Outstanding, Diluted 316.6m 323.3m 327.3m 320.6m 316.6m 314.0m 306.3m 293.6m 277.1m 271.7m
Costs and Expenses $24.4b $26.6b $33.3b $35.2b $31.7b $36.4b $43.5b $48.2b $42.5b $39.4b
Current Income Tax Expense (Benefit) $417.0m $871.0m $247.0m $1.3b $1.1b $2.1b $2.1b $3.7b $2.4b $1.5b
Interest Expense $763.7m $899.5m $1.2b $1.5b $1.2b $993.0m $1.1b $2.5b $3.3b $3.2b
Other Cost and Expense, Operating $1.3b $1.3b — — $1.6b $1.3b $1.3b $1.3b $1.3b $1.1b
Other Cost of Operating Revenue — — — — — — $53.0m $67.0m $57.0m $82.0m
Research and Development Expense $1.4b $1.4b $1.7b $1.8b $1.6b $1.6b $1.9b $2.2b $2.3b $2.3b
Research and development expenses $1.4b $1.4b $1.7b $1.8b $1.6b $1.6b $1.9b $2.2b $2.3b $2.3b
Selling, General and Administrative Expense $2.8b $3.1b $3.5b $3.6b $3.5b $3.4b $3.9b $4.6b $4.8b $4.7b
Selling, administrative and general expenses $2.8b $3.1b $3.5b $3.6b $3.5b $3.4b $3.9b $4.6b $4.8b $4.7b
Income Tax Expense (Benefit) $700.1m $971.1m $1.7b $852.0m $1.1b $1.7b $2.0b $2.9b $2.1b $1.3b
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component — — — — — — ($218.0m) ($286.0m) ($333.0m) ($422.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.