Deere & Company (DE)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 89.34% | 90.20% | 90.93% | 91.14% | 91.66% | 91.61% | 91.62% | 91.75% | 91.36% | 92.19% | 92.04% | 92.09% | 91.92% | 76.19% | 59.49% | 38.92% | 21.37% | 20.65% | 20.23% | 20.66% |
| Operating profit margin | 18.05% | 59.85% | 46.63% | 32.04% | 21.16% | 21.00% | 20.14% | 19.39% | 18.08% | 17.04% | 17.12% | 17.11% | 18.20% | 17.97% | 17.00% | 14.31% | 12.11% | 10.97% | 10.11% | 11.03% |
| Pretax margin | 17.78% | 19.25% | 20.52% | 20.99% | 21.28% | 20.94% | 19.73% | 18.83% | 17.38% | 16.26% | 16.34% | 16.29% | 17.32% | 16.73% | 15.59% | 12.96% | 10.79% | 10.00% | 9.30% | 10.26% |
| 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% |
Deere & Company's profitability ratios have displayed significant fluctuations over the analyzed period. The gross profit margin has ranged from a low of 20.23% to a high of 92.19%, indicating variations in the company's ability to generate revenue after accounting for the cost of goods sold.
The operating profit margin has also witnessed substantial variability, with values spanning from 10.11% to 59.85%. This metric reflects Deere's efficiency in controlling operating expenses and indicates the portion of revenue that translates into operating profit.
Similarly, the pretax margin has shown fluctuations, ranging from 9.30% to 21.28%. This ratio considers the company's ability to generate profits before accounting for taxes, providing insights into the overall profitability of the operations.
Lastly, the net profit margin has experienced notable changes, oscillating between 7.60% and 16.60%. This metric reveals the company's ability to convert revenue into net income after accounting for all expenses, including taxes.
Overall, the trend in Deere & Company's profitability ratios underscores the importance of closely monitoring and analyzing financial performance to assess the company's profitability and operational efficiency over time.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.70% | 31.07% | 25.88% | 19.21% | 12.45% | 12.46% | 12.22% | 11.78% | 10.56% | 9.49% | 9.32% | 9.56% | 9.53% | 9.45% | 8.57% | 7.02% | 5.73% | 5.07% | 4.81% | 5.98% |
| Return on assets (ROA) | 6.62% | 7.63% | 8.96% | 9.82% | 9.77% | 9.71% | 9.10% | 8.94% | 7.92% | 7.10% | 7.08% | 7.09% | 7.09% | 6.74% | 5.80% | 4.58% | 3.66% | 3.51% | 3.62% | 4.56% |
| Return on total capital | 54.92% | 60.86% | 66.45% | 70.38% | 71.10% | 64.52% | 60.13% | 55.28% | 50.34% | 46.16% | 16.27% | 16.18% | 16.79% | 16.99% | 15.10% | 12.76% | 11.12% | 10.50% | 10.53% | 12.83% |
| Return on equity (ROE) | 31.09% | 35.66% | 41.74% | 45.11% | 46.67% | 43.57% | 39.96% | 38.38% | 35.19% | 32.41% | 31.48% | 31.70% | 32.36% | 34.57% | 30.36% | 24.55% | 21.26% | 21.07% | 23.63% | 27.44% |
Deere & Company's profitability ratios show a generally positive trend over the past few quarters.
- Operating return on assets (Operating ROA) has improved consistently from 5.98% in Feb 2020 to 8.70% in Oct 2024, indicating that the company is generating more operating income from its assets.
- Return on assets (ROA) has also shown a slight increasing trend, reaching 6.62% in Oct 2024, suggesting that the company is effectively utilizing its assets to generate profits.
- Return on total capital has fluctuated but generally increased from 10.53% in Feb 2020 to 54.92% in Oct 2024, indicating higher returns on the total capital invested in the company.
- Return on equity (ROE) has shown a significant improvement, rising from 23.63% in May 2021 to 31.09% in Oct 2024, reflecting a higher return to equity investors.
Overall, Deere & Company's profitability ratios have exhibited a positive trend, with improving returns on assets, capital, and equity, demonstrating the company's efficiency in generating profits and returns for its stakeholders.