Deere & Company (DE)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Oct 27, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 21,631,000 | 30,239,000 | 32,070,000 | 36,602,000 | 36,248,000 | 35,461,000 | 35,124,000 | 34,886,000 | 36,153,000 | 39,756,000 | 40,681,000 | 31,452,000 | 37,330,000 | 27,529,000 | 34,873,000 | 34,746,000 | 35,359,000 | 34,423,000 | 23,287,000 | 27,710,000 |
| Revenue (ttm) | US$ in thousands | 43,081,000 | 47,971,000 | 52,141,000 | 56,232,000 | 55,230,000 | 54,263,000 | 54,423,000 | 54,600,000 | 58,291,000 | 61,907,000 | 63,908,000 | 60,892,000 | 58,007,000 | 57,482,000 | 55,860,000 | 57,310,000 | 58,028,000 | 55,582,000 | 49,377,000 | 45,100,000 |
| Gross profit margin | 50.21% | 63.04% | 61.51% | 65.09% | 65.63% | 65.35% | 64.54% | 63.89% | 62.02% | 64.22% | 63.66% | 51.65% | 64.35% | 47.89% | 62.43% | 60.63% | 60.93% | 61.93% | 47.16% | 61.44% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $21,631,000K ÷ $43,081,000K
= 50.21%
Deere & Company's gross profit margin has exhibited variability over the timeframe provided in the data. The margin started at a relatively high level of 61.44% on May 1, 2022, then experienced a decline to 47.16% by July 31, 2022. Subsequently, there was an increase to 61.93% by October 30, 2022, followed by a slight dip to 60.93% on October 31, 2022.
The gross profit margin continued to fluctuate with some degree of inconsistency in the following periods, showing a mix of increases and decreases. There was a notable peak of 65.63% on July 28, 2024, before ending at 50.21% on January 31, 2025. Overall, this trend indicates that Deere & Company's gross profit margin has been subject to fluctuations within the specified timeframe, suggesting potential variations in their cost of goods sold and pricing strategies over the period.
Peer comparison
Jan 31, 2025