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Equiscale · Syntellia LLC
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 four-wheel-drive track and row crop tractors, harvesters, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery, and related attachments and service parts. The Small Agriculture and Turf segment offers specialty, utility, and compact tractors; self-propelled forage harvesters and attachments; rotary mowers, hay and forage equipment, and utility vehicles; turf and utility equipment, including riding lawn, commercial mowing, and 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. The Construction and Forestry segment provides backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, skid-steer loaders, milling machines, recyclers, slipform and asphalt pavers, surface miners, compactors, tandem, static rollers, mobile crushers and screens, mobile and stationary asphalt plants, and log harvesters; and road building and rehabilitation 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. Deere & Company has a strategic partnership with Tarter USA to develop and produce flex wing rotary cutters. The company was founded in 1837 and is headquartered in Moline, Illinois.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $44.7B | $11.7B | $5.0B | $3.2B | 19.4% | -11.6% | -29.2% |
| 2024 | $50.5B | $14.7B | $7.1B | $4.4B | 31.1% | -16.1% | -30.2% |
| 2023 | $60.2B | $17.5B | $10.2B | $4.1B | 46.7% | 17.5% | 42.6% |
| 2022 | $51.3B | $12.1B | $7.1B | $911M | 35.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 51,282 | 60,248 | 50,518 | 44,665 |
| Operating Revenue | - | 51,282 | 60,248 | 50,518 | 44,665 |
| Cost Of Revenue | - | 35,552 | 37,942 | 31,023 | 28,370 |
| Gross Profit | - | 15,730 | 22,306 | 19,495 | 16,295 |
| Operating Expense | - | 6,704 | 7,715 | 8,068 | 7,879 |
| Research And Development | - | 1,912 | 2,177 | 2,290 | 2,311 |
| Selling General And Administration | - | 3,645 | 4,309 | 4,507 | 4,241 |
| Total Expenses | - | 42,256 | 45,657 | 39,091 | 36,249 |
| Operating Income | - | 9,026 | 14,591 | 11,427 | 8,416 |
| EBITDA | - | 12,084 | 17,476 | 14,672 | 11,656 |
| Normalized EBITDA | - | 11,804 | 17,536 | 14,597 | 11,599 |
| EBIT | - | 10,189 | 15,472 | 12,554 | 9,427 |
| Interest Expense | - | 1,062 | 2,453 | 3,348 | 3,170 |
| Net Interest Income | - | -1,062 | -2,453 | -3,348 | -3,170 |
| Other Non Operating Income Expenses | - | 883 | 941 | 1,052 | 954 |
| Other Income Expense | - | 1,163 | 881 | 1,127 | 1,011 |
| Interest Expense Non Operating | - | 1,062 | 2,453 | 3,348 | 3,170 |
| Net Non Operating Interest Income Expense | - | -1,062 | -2,453 | -3,348 | -3,170 |
| Pretax Income | - | 9,127 | 13,019 | 9,206 | 6,257 |
| Tax Provision | - | 2,007 | 2,871 | 2,094 | 1,259 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 61.57 | -13.23 | 17.06 | 11.47 |
| Net Income Continuous Operations | - | 7,130 | 10,155 | 7,088 | 4,998 |
| Net Income From Continuing And Discontinued Operation | - | 7,131 | 10,166 | 7,100 | 5,027 |
| Net Income From Continuing Operation Net Minority Interest | - | 7,131 | 10,166 | 7,100 | 5,027 |
| Net Income | - | 7,131 | 10,166 | 7,100 | 5,027 |
| Net Income Common Stockholders | - | 7,131 | 10,166 | 7,100 | 5,027 |
| Net Income Including Noncontrolling Interests | - | 7,130 | 10,155 | 7,088 | 4,998 |
| Normalized Income | - | 6,912.57 | 10,212.77 | 7,042.06 | 4,981.47 |
| Diluted NI Availto Com Stockholders | - | 7,131 | 10,166 | 7,100 | 5,027 |
| Basic Average Shares | - | 304.50 | 292.20 | 276 | 270.90 |
| Diluted Average Shares | - | 306.30 | 293.60 | 277.10 | 271.70 |
| Reconciled Depreciation | - | 1,895 | 2,004 | 2,118 | 2,229 |
| Reconciled Cost Of Revenue | - | 34,484 | 36,791 | 29,779 | 27,066 |
| Total Unusual Items | - | 280 | -60 | 75 | 57 |
| Total Unusual Items Excluding Goodwill | - | 280 | -60 | 75 | 57 |
| Minority Interests | - | 1 | 11 | 12 | 29 |
| Earnings From Equity Interest Net Of Tax | 21 | 10 | 7 | -24 | - |
| Special Income Charges | - | 72 | 33 | 19 | 9 |
| Other Special Charges | - | -72 | -33 | -19 | -9 |
| Gain On Sale Of Security | - | 208 | -93 | 56 | 48 |
| Depreciation Amortization Depletion Income Statement | - | 827 | 853 | 874 | 925 |
| Depreciation And Amortization In Income Statement | - | 827 | 853 | 874 | 925 |
| General And Administrative Expense | - | 3,645 | 4,309 | 4,507 | 4,241 |
| Other Gand A | - | 3,863 | 4,595 | 4,840 | 4,663 |
| Salaries And Wages | - | -218 | -286 | -333 | -422 |
| Gain On Sale Of Ppe | 65 | 72 | 33 | 19 | - |
| Insurance And Claims | 235 | 267 | 309 | - | - |
| Other Operating Expenses | - | 320 | 376 | 397 | 402 |
| Depreciation Income Statement | - | 827 | 853 | 874 | 925 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Deere & Companythis co. | DE | $159.7B | 31.78↓ discount | 6.16 | 19.4% | 18.51 |
| The Boeing Company | BA | $171.4B | 90.73 | 31.43 | 34.6% | 26.69 |
| Eaton Corporation plc | ETN | $162.5B | 39.77 | 8.37 | 21.0% | 27.91 |
| Union Pacific Corporation | UNP | $156.7B | 21.95 | 8.48 | 38.7% | 14.55 |
| Honeywell International Inc. | HON | $137.9B |
| - |
| - |
| - |
| - |
| - |
| 29.16 |
| 9.92 |
| 34.0% |
| 19.61 |
| Vertiv Holdings Co | VRT | $124.4B | 93.35 | 31.57 | 33.8% | 58.93 |
| Lockheed Martin Corporation | LMT | $119.7B | 23.85 | 17.81 | 74.6% | 15.73 |
| Parker-Hannifin Corporation | PH | $110.0B | 31.15 | 8.04 | 25.8% | 21.91 |
| Quanta Services, Inc. | PWR | $107.9B | 104.94 | 12.07 | 11.5% | 44.47 |
| Peer Median | - | 35.46 | 11.00 | 33.9% | 24.30 | |
Historically, Jan has averaged the highest return (+6.5%); Sep the lowest (-4.9%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +13.4%Positive MonthJan 2026: +13.41% | +19.3%Positive MonthFeb 2026: +19.26% | -10.5%Negative MonthMar 2026: -10.55% | +4.7%Positive MonthApr 2026: +4.72% | -8.1%Negative MonthMay 2026: -8.08% | +17.0%Positive MonthJun 2026: +17.00% | -6.6%Negative MonthJul 2026: -6.57% | -2.0%*Negative MonthAug 2026: -2.03% | — | — | — | — |
| 2025 | +12.5%Positive MonthJan 2025: +12.48% | +0.9%Neutral MonthFeb 2025: +0.89% | -2.4%Negative MonthMar 2025: -2.38% | -1.2%Neutral MonthApr 2025: -1.23% | +9.2%Positive MonthMay 2025: +9.21% | +0.4%Neutral MonthJun 2025: +0.44% | +3.1%Positive MonthJul 2025: +3.12% | -8.7%Negative MonthAug 2025: -8.72% | -4.5%Negative MonthSep 2025: -4.47% | +1.0%Neutral MonthOct 2025: +0.96% | +0.6%Neutral MonthNov 2025: +0.62% | +0.2%Neutral MonthDec 2025: +0.23% |
| 2024 | -1.6%Neutral MonthJan 2024: -1.57% | -7.2%Negative MonthFeb 2024: -7.25% | +12.5%Positive MonthMar 2024: +12.52% | -4.7%Negative MonthApr 2024: -4.71% | -4.3%Negative MonthMay 2024: -4.25% | -0.3%Neutral MonthJun 2024: -0.30% | -0.4%Neutral MonthJul 2024: -0.44% | +3.7%Positive MonthAug 2024: +3.70% | +8.2%Positive MonthSep 2024: +8.19% | -3.0%Negative MonthOct 2024: -3.03% | +15.1%Positive MonthNov 2024: +15.13% | -9.1%Negative MonthDec 2024: -9.06% |
| 2023 | -1.4%Neutral MonthJan 2023: -1.38% | -0.9%Neutral MonthFeb 2023: -0.85% | -1.5%Neutral MonthMar 2023: -1.52% | -8.4%Negative MonthApr 2023: -8.44% | -8.5%Negative MonthMay 2023: -8.48% | +17.1%Positive MonthJun 2023: +17.11% | +6.0%Positive MonthJul 2023: +6.02% | -4.3%Negative MonthAug 2023: -4.34% | -8.2%Negative MonthSep 2023: -8.17% | -3.2%Negative MonthOct 2023: -3.19% | -0.3%Neutral MonthNov 2023: -0.26% | +9.7%Positive MonthDec 2023: +9.73% |
| 2022 | +9.8%Positive MonthJan 2022: +9.77% | -4.4%Negative MonthFeb 2022: -4.35% | +15.4%Positive MonthMar 2022: +15.40% | -9.1%Negative MonthApr 2022: -9.12% | -5.2%Negative MonthMay 2022: -5.24% | -16.3%Negative MonthJun 2022: -16.30% | +14.6%Positive MonthJul 2022: +14.60% | +6.4%Positive MonthAug 2022: +6.43% | -8.6%Negative MonthSep 2022: -8.59% | +18.5%Positive MonthOct 2022: +18.55% | +11.4%Positive MonthNov 2022: +11.41% | -2.8%Negative MonthDec 2022: -2.78% |
| 2021 | — | — | — | — | -2.6%Negative MonthMay 2021: -2.63% | -2.3%Negative MonthJun 2021: -2.32% | +2.5%Positive MonthJul 2021: +2.52% | +4.5%Positive MonthAug 2021: +4.55% | -11.4%Negative MonthSep 2021: -11.36% | +2.2%Positive MonthOct 2021: +2.16% | +0.9%Neutral MonthNov 2021: +0.94% | -0.8%Neutral MonthDec 2021: -0.77% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
