Deere & Company (DE)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 5,093,000 | 5,958,000 | 7,083,000 | 8,208,000 | 8,225,000 | 8,242,000 | 8,241,000 | 8,240,000 | 9,467,000 | 10,694,000 | 11,185,000 | 10,775,000 | 9,756,000 | 9,024,000 | 8,410,000 | 8,335,000 | 8,474,000 | 8,326,000 | 6,983,000 | 6,002,000 |
| 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 |
| Net profit margin | 11.82% | 12.42% | 13.58% | 14.60% | 14.89% | 15.19% | 15.14% | 15.09% | 16.24% | 17.27% | 17.50% | 17.70% | 16.82% | 15.70% | 15.06% | 14.54% | 14.60% | 14.98% | 14.14% | 13.31% |
January 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $5,093,000K ÷ $43,081,000K
= 11.82%
Deere & Company has shown fluctuating net profit margins over the specified time period, ranging from a low of 11.82% on January 31, 2025, to a high of 17.70% on July 31, 2023. The trend in net profit margin has been generally increasing from mid-2022 to mid-2023, peaking in July 2023 before experiencing a gradual decline through October 2024.
It is imperative for stakeholders to closely monitor the company's ability to maintain healthy profit margins, as the lowering trend observed since mid-2023 could indicate potential challenges in managing costs or sustaining revenue growth. Additionally, the company may need to implement strategic initiatives to enhance efficiency and profitability in order to address the declining trend in net profit margin.
Peer comparison
Jan 31, 2025