Deere & Company (DE)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -14,635,000 | -6,430,000 | -4,858,000 | 28,052,000 | 27,839,000 | 27,192,000 | 27,199,000 | 18,462,000 | 19,749,000 | 14,229,000 | 14,695,000 | 14,385,000 | 12,938,000 | 12,528,000 | 11,296,000 | 11,159,000 | 11,311,000 | 10,404,000 | 8,590,000 | 7,246,000 |
| 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 |
| Operating profit margin | -33.97% | -13.40% | -9.32% | 49.89% | 50.41% | 50.11% | 49.98% | 33.81% | 33.88% | 22.98% | 22.99% | 23.62% | 22.30% | 21.79% | 20.22% | 19.47% | 19.49% | 18.72% | 17.40% | 16.07% |
January 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-14,635,000K ÷ $43,081,000K
= -33.97%
The operating profit margin of Deere & Company has shown fluctuations over the periods mentioned in the data. Starting from May 1, 2022, where the operating profit margin was at 16.07%, we observed a steady increase in the margin over time, reaching a peak of 50.41% on July 28, 2024, and staying relatively high at around 49-50% in the subsequent periods.
However, there was a significant decline in the operating profit margin in the last two periods covered in the data, with a sharp drop to -13.40% on October 31, 2024, and a further decrease to -33.97% on January 31, 2025.
These negative values indicate that the company's operating expenses exceeded its operating profits during those periods, resulting in a negative margin. It is crucial for Deere & Company to closely evaluate its cost structure and operational efficiency to improve its profitability and return to positive operating profit margins in the future.
Peer comparison
Jan 31, 2025