Deere & Company
DEFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
10/31/2024
Revenue
50,518
Cost of Revenue
31,023
Gross Profit
19,495
Gross Margin
38.6%
Operating Income
11,427
Operating Margin
22.6%
Net Income
7,100
Net Margin
14.1%
EPS (Basic)
$25.72
EPS (Diluted)
$25.62
EBITDA
14,672
EBITDA Margin
29.0%
2023
10/31/2023
Revenue
60,248
Cost of Revenue
37,942
Gross Profit
22,306
Gross Margin
37.0%
Operating Income
14,591
Operating Margin
24.2%
Net Income
10,166
Net Margin
16.9%
EPS (Basic)
$34.80
EPS (Diluted)
$34.63
EBITDA
17,476
EBITDA Margin
29.0%
2022
10/31/2022
Revenue
51,282
Cost of Revenue
35,552
Gross Profit
15,730
Gross Margin
30.7%
Operating Income
9,026
Operating Margin
17.6%
Net Income
7,131
Net Margin
13.9%
EPS (Basic)
$23.42
EPS (Diluted)
$23.28
EBITDA
12,084
EBITDA Margin
23.6%
2021
10/31/2021
Revenue
43,033
Cost of Revenue
29,318
Gross Profit
13,715
Gross Margin
31.9%
Operating Income
7,663
Operating Margin
17.8%
Net Income
5,963
Net Margin
13.9%
EPS (Basic)
$19.14
EPS (Diluted)
$18.99
EBITDA
10,645
EBITDA Margin
24.7%
2020
10/31/2020
Revenue
34,722
Cost of Revenue
23,865
Gross Profit
10,857
Gross Margin
31.3%
Operating Income
4,368
Operating Margin
12.6%
Net Income
2,751
Net Margin
7.9%
EPS (Basic)
$8.77
EPS (Diluted)
$8.69
EBITDA
7,248
EBITDA Margin
20.9%