Deere & Company (DE)
Net profit margin
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 7,100,000 | 8,224,000 | 9,468,000 | 9,958,000 | 10,166,000 | 10,043,000 | 8,949,000 | 8,187,000 | 7,131,000 | 6,168,000 | 5,951,000 | 5,643,000 | 5,964,000 | 5,438,000 | 4,582,000 | 3,458,000 | 2,751,000 | 2,715,000 | 2,803,000 | 3,272,000 |
| Revenue (ttm) | US$ in thousands | 51,716,000 | 55,984,000 | 58,633,000 | 60,785,000 | 61,252,000 | 61,376,000 | 59,677,000 | 55,660,000 | 52,577,000 | 48,368,000 | 45,793,000 | 44,481,000 | 44,024,000 | 42,428,000 | 39,826,000 | 37,021,000 | 35,540,000 | 35,705,000 | 36,816,000 | 38,905,000 |
| Net profit margin | 13.73% | 14.69% | 16.15% | 16.38% | 16.60% | 16.36% | 15.00% | 14.71% | 13.56% | 12.75% | 13.00% | 12.69% | 13.55% | 12.82% | 11.51% | 9.34% | 7.74% | 7.60% | 7.61% | 8.41% |
October 27, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $7,100,000K ÷ $51,716,000K
= 13.73%
The net profit margin of Deere & Company has shown some fluctuations over the past few quarters. It reached a high of 16.60% in the quarter ending on Oct 29, 2023 and has ranged between 9.34% and 16.60% in the subsequent quarters. The company's net profit margin indicates the percentage of revenue that translates into profit after all expenses have been deducted. A higher net profit margin suggests efficient cost management and strong revenue generation, while a lower margin may indicate higher expenses relative to revenue. Monitoring variations in the net profit margin can help assess the company's financial performance and profitability over time.
Peer comparison
Oct 27, 2024