Deere & Company (DE) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 13.37B | 9.61B | 12.09B | 11.78B | 12.53B | 8.26B | 10.83B | 12.85B | 15B | 11.85B | 15.16B | 15.54B |
| Revenue Growth % | 6.74% | 16.33% | 11.7% | -8.29% | -16.48% | -30.25% | -28.57% | -17.31% | -12.59% | -4.44% | -0.78% | 12.21% |
| Cost of Goods Sold | 8.27B | 6.28B | 8.15B | 7.57B | 7.61B | 5.04B | 6.82B | 7.85B | 9.16B | 7.2B | 9.65B | 9.62B |
| COGS % of Revenue | 61.83% | 65.34% | 67.43% | 64.25% | 60.75% | 60.97% | 62.97% | 61.08% | 61.06% | 60.78% | 63.69% | 61.94% |
| Gross Profit | 5.1B | 3.33B | 3.94B | 4.21B | 4.92B | 3.23B | 4.01B | 5B | 5.84B | 4.65B | 5.5B | 5.91B |
| Gross Margin % | 38.17% | 34.66% | 32.57% | 35.75% | 39.25% | 39.03% | 37.03% | 38.92% | 38.94% | 39.22% | 36.31% | 38.06% |
| Gross Profit Growth % | 3.8% | 3.29% | -1.75% | -15.74% | -15.82% | -30.59% | -27.15% | -15.44% | -9.15% | 4.12% | 13.51% | 36.4% |
| Operating Expenses | 2.1B | 1.78B | 2.04B | 2.05B | 2.03B | 1.75B | 1.87B | 2.11B | 2.13B | 1.97B | 1.78B | 1.95B |
| OpEx % of Revenue | 15.69% | 18.48% | 16.9% | 17.43% | 16.23% | 21.14% | 17.23% | 16.41% | 14.17% | 16.61% | 11.75% | 12.54% |
| Selling, General & Admin | 1.21B | 972M | 854M | 1.22B | 1.2B | 972M | 899M | 1.28B | 1.26B | 1.07B | 917M | 1.11B |
| SG&A % of Revenue | 9.04% | 10.11% | 7.06% | 10.33% | 9.56% | 11.76% | 8.3% | 9.95% | 8.43% | 9% | 6.05% | 7.14% |
| Research & Development | 583M | 554M | 681M | 556M | 549M | 526M | 626M | 567M | 565M | 533M | 606M | 528M |
| R&D % of Revenue | 4.36% | 5.76% | 5.63% | 4.72% | 4.38% | 6.37% | 5.78% | 4.41% | 3.77% | 4.5% | 4% | 3.4% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 3B | 1.55B | 1.9B | 2.16B | 2.88B | 1.48B | 2.14B | 2.89B | 3.71B | 2.68B | 3.72B | 3.96B |
| Operating Margin % | 22.48% | 16.18% | 15.67% | 18.32% | 23.02% | 17.89% | 19.79% | 22.5% | 24.77% | 22.61% | 24.56% | 25.52% |
| Operating Income Growth % | 4.23% | 5.21% | -11.57% | -25.32% | -22.4% | -44.81% | -42.42% | -27.09% | -11.29% | -1.4% | 19.83% | 53.74% |
| EBITDA | 3B | 2.15B | 2.46B | 2.72B | 3.44B | 2.03B | 2.66B | 3.44B | 4.24B | 3.2B | 4.2B | 4.5B |
| EBITDA Margin % | 22.48% | 22.32% | 20.31% | 23.11% | 27.45% | 24.53% | 24.6% | 26.81% | 28.27% | 27% | 27.7% | 28.94% |
| EBITDA Growth % | -12.59% | 5.82% | -7.77% | -20.94% | -18.92% | -36.62% | -36.58% | -23.42% | -9.58% | -0.37% | 18.02% | 45.58% |
| D&A (Non-Cash Add-back) | 0 | 590M | 561M | 564M | 555M | 549M | 520M | 553M | 525M | 520M | 477M | 532M |
| EBIT | 3B | 1.57B | 2.19B | 2.39B | 3.12B | 1.72B | 2.39B | 3.19B | 3.95B | 3.02B | 3.85B | 4.23B |
| Net Interest Income | -712M | -719M | -762M | -794M | -784M | -829M | -870M | -840M | -836M | -802M | -782M | -623M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 712M | 719M | 762M | 794M | 784M | 829M | 870M | 840M | 836M | 802M | 782M | 623M |
| Other Income/Expense | -717M | -704M | -470M | -549M | -543M | -584M | -652M | -535M | -596M | -461M | -647M | -357M |
| Pretax Income | 2.29B | 851M | 1.43B | 1.61B | 2.34B | 894M | 1.49B | 2.36B | 3.12B | 2.22B | 3.08B | 3.61B |
| Pretax Margin % | 17.11% | 8.85% | 11.78% | 13.66% | 18.68% | 10.82% | 13.77% | 18.34% | 20.8% | 18.72% | 20.29% | 23.22% |
| Income Tax | 518M | 196M | 365M | 339M | 539M | 27M | 249M | 625M | 751M | 469M | 707M | 636M |
| Effective Tax Rate % | 22.64% | 23.03% | 25.61% | 21.06% | 23.03% | 3.02% | 16.7% | 26.53% | 24.08% | 21.15% | 22.99% | 17.63% |
| Net Income | 1.77B | 656M | 1.06B | 1.29B | 1.8B | 869M | 1.25B | 1.73B | 2.37B | 1.75B | 2.37B | 2.98B |
| Net Margin % | 13.26% | 6.83% | 8.81% | 10.94% | 14.4% | 10.52% | 11.5% | 13.5% | 15.8% | 14.78% | 15.63% | 19.17% |
| Net Income Growth % | -1.72% | -24.51% | -14.46% | -25.66% | -23.88% | -50.37% | -47.45% | -41.77% | -17.13% | -10.62% | 5.48% | 58.07% |
| Net Income (Continuing) | 1.77B | 655M | 1.06B | 1.27B | 1.8B | 867M | 1.24B | 1.73B | 2.37B | 1.75B | 2.37B | 2.97B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 54M | 57M | 57M | 89M | 91M | 85M | 89M | 87M | 102M | 104M | 101M | 104M |
| EPS (Diluted) | 6.55 | 2.42 | 3.93 | 4.75 | 6.64 | 3.19 | 4.55 | 6.29 | 8.53 | 6.23 | 8.26 | 10.20 |
| EPS Growth % | -1.36% | -24.14% | -13.63% | -24.48% | -22.16% | -48.8% | -44.92% | -38.33% | -11.61% | -4.89% | 11.02% | 65.58% |
| EPS (Basic) | 6.56 | 2.43 | 3.94 | 4.76 | 6.65 | 3.20 | 4.57 | 6.32 | 8.56 | 6.26 | 8.30 | 10.24 |
| Diluted Shares Outstanding | 270.8M | 270.9M | 271.1M | 271.4M | 271.8M | 272.3M | 273.6M | 275.6M | 277.9M | 281.1M | 286.9M | 292.1M |
| Basic Shares Outstanding | 270.1M | 270.3M | 270.3M | 270.7M | 271.1M | 271.6M | 272.6M | 274.5M | 276.8M | 279.9M | 285.5M | 290.8M |
| Dividend Payout Ratio | 24.65% | 67.23% | 41.13% | 34.06% | 24.39% | 46.38% | 32.37% | 23.41% | 17.3% | 22.04% | 15.28% | 12.36% |