CSIMarket


Deere and Co  (DE)
Other Ticker:  
 


 

Deere and Co

DE's Financial Statements and Analysis



Deere and Co reported in the first quarter of 2024 net earnings per share of $6.23 a decrease by -4.89 % year on year from $6.55 and decline of -24.97 % from $8.30 earned in IV. Quarter (Oct 29 2023).


first quarter of 2024
Earnings Per Share Revenues
$ 6.23 $  12,185 Mill
$-0.32     -4.89 % $-467M     -3.69 %



Deere And Co's Revenue fell by -3.69 % in first quarter of 2024 (Jan 28 2024) year on year, to $12,185 million and declined by -20.93 % sequentially.


Deere And Co is

More on DE's Income Statement



Deere And Co's net income of $1,748.000 million in the first quarter of 2024 decreased by -10.68 % from net earnings of $1,957.000 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -26.15 % from net income of $2,367.000 million realized in previous quarter.

More on DE's Growth



Deere And Co Inventories
Inventories declined by -11.13 % to $8,937.00 million from I. Quarter a year ago, sequentially inventories rose by 9.52 %. In Jan 28 2024 company's net cash and cash equivalents decreased by $-2,320 million, capital expenditures fell by -8120.49%, to $-816 millions compare to same quarter a year ago

More on DE's Cash flow Statement


Deere and Co payed out dividend of $5.05 per share in last 52 weeks representing 14.69 % of net earning per share in trailing twelve-month period.

During the same period Deere and Co earned $ 31.76 cash per share, on a free-cash flow basis 92.37 % of net earning per share.

Book value grew by 5.82 % sequentially to $78.55 per share, 20.97% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 60.48 per share from $ 57.08.

Company repurchased 12.46 million shares or 4.24 % in Jan 28 2024.
Interest Coverage Ratio was 5.59. Debt Coverage Ratio was 0.66.

More on DE's Dividends

 Market Capitalization (Millions) 102,146
 Shares Outstanding (Millions) 281
 Total Debt (Millions $) 23,233
 Revenue (TTM) (Millions $) 60,784
 Net Income (TTM) (Millions $) 9,946
 Cash Flow (TTM) (Millions $) 1,122
 Capital Exp. (TTM) (Millions $) -4,472
 Dividend TTM ($) 5.05 $
 Dividend Yield TTM (%) 1.49 %
 Employees (TTM) $ 82,200




Deere and Co payed out dividend of $5.05 per share in the last 52 weeks representing 14.69 % of net earning per share in trailing twelve-month period.

During the same period Deere and Co had $ 31.76 cash flow per share, on a free-cash flow basis 92.37 % of net earning per share.

Book value grew by 5.82 % sequentially to $78.55 per share, 20.97% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 60.48 per share from $ 57.08.

Company repurchased 12.46 million shares or 4.24 % in Jan 28 2024.
Interest Coverage Ratio was 5.59. Debt Coverage Ratio was 0.66.

More on DE's Balance Sheets

 Market Capitalization (Millions) 102,146
 Shares Outstanding (Millions) 281
 Total Debt (Millions $) 23,233
 Revenue (TTM) (Millions $) 60,784
 Net Income (TTM) (Millions $) 9,946
 Cash Flow (TTM) (Millions $) 1,122
 Capital Exp. (TTM) (Millions $) -4,472
 Dividend TTM ($) 5.05 $
 Dividend Yield TTM (%) 1.49 %
 Employees (TTM) $ 82,200
   


  News about Deere and Co Earnings

Decrease in Income at Deere & Company Signals Challenges Ahead

Deere and Company recently released its financial results for the period ending January 28, 2024, and the numbers paint a mixed picture for the agricultural equipment manufacturer. On the one hand, the company saw a decrease in both revenue and income year on year, with revenue falling by 3.691% to $12.19 billion and income decreasing by 4.89% to $6.23 per share. These results were also lower compared to the previous reporting season, with revenue down by a significant 20.933% and income declining by 24.97%.
Despite these challenges, Deere and Company managed to maintain a solid bottom line, with a profit of $1,748.000 million for the financial period ending January 28, 2024. However, this figure represe...

Slight Revenue Dip Rattles Industrial Machinery and Components Giant in Recent Fiscal Period

Financial news report:
Deere and Company (DE), a leading company in the Industrial Machinery and Components sector, recently reported its financial results for the period August to October 29, 2023. Despite a decrease in revenue during this period, the company managed to raise its earnings per share (EPS) and net profit per share by 11.02% to $8.30 per share. The net profit per share grew while the revenue diminished by -0.805% to $15.41 billion, compared to the same period a year ago.
In contrast to the company's performance, the Industrial Machinery and Components sector as a whole experienced a 1.53% growth in revenue during the fourth quarter of 2023 compared to the same reporting period a year a...

Deere And Co Delivers Impressive Q3 Financial Results, Surpassing Industry Peers with Remarkable Profit and Revenue Growth



In the most recent fiscal period, Deere And Co, a leading player in the Industrial Machinery and Components sector, showcased exceptional performance, reporting a significant increase in profits and revenue. The company's robust financial results have outpaced industry peers, affirming its strong position in the market. With a positive outlook and strong momentum, investors are eagerly awaiting the next financial report set to be released on December 14, 2023.
Fiscal Performance Highlights:
Deere And Co witnessed a remarkable boost in profits, which surged by 65.58% to $10.20 per share, outperforming the prior year's figure of $9.65. Additionally, the company reported a notable 12.048% reve...

Deere And Co sets the bar higher with exceptional growth from February to April 2023



Deere And Co, a leading Industrial Machinery and Components company, recently reported remarkable financial results for the February to April 30, 2023 time-frame. The company witnessed substantial growth in both revenue and profit per share, outperforming its industry peers. In addition, Deere And Co demonstrated improvements in profit margins, witnessed an increase in operating earnings, and showed promising signs of rising demand. Let us delve into the facts and speculate on how these developments may impact the company's future prospects.
1. Revenue climbs by 30.045% to $17.39 billion:
Deere And Co experienced an astounding 30.045% increase in revenue, reaching $17.39 billion during the ...


Date modified: 2024-03-01T04:43:23+00:00





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com