DEERE & CO (DE) FY2024 Q3 P&L / Income Statement
2024-04-29 to 2024-07-28
Revenue by Business Segment by Product and Service
2024-04-29 to 2024-07-28
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DEERE & CO (DE) FY2024 Q3 P&L / Income Statement
Income statement for 2024-04-29 through 2024-07-28. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net sales and revenues
- 13,152,000,000 US dollars
- Cost of revenue (calculated)
- 7,848,000,000 US dollars
- Gross profit (calculated)
- 5,304,000,000 US dollars
- Operating expenses (calculated)
- 2,949,000,000 US dollars
- Operating profit (calculated)
- 2,355,000,000 US dollars
- Other income (expense), net (calculated)
- 0 US dollars
- Income of Consolidated Group before Income Taxes
- 2,355,000,000 US dollars
- Provision for income taxes
- 625,000,000 US dollars
- Net Income
- 1,731,000,000 US dollars
- Construction & Forestry (CF) - Compact Construction
- 643,000,000 US dollars
- Construction & Forestry (CF) - Construction
- 1,308,000,000 US dollars
- Construction & Forestry (CF) - Forestry
- 269,000,000 US dollars
- Construction & Forestry (CF) - Roadbuilding
- 961,000,000 US dollars
- Production & Precision Ag (PPA) - Production Agriculture
- 5,038,000,000 US dollars
- Small Ag & Turf (SAT) - Small Agriculture
- 2,168,000,000 US dollars
- Small Ag & Turf (SAT) - Turf
- 825,000,000 US dollars
- Undisclosed (calculated)
- 1,940,000,000 US dollars
- Cost of sales
- 7,848,000,000 US dollars
- Research and development expenses
- 567,000,000 US dollars
- Selling, administrative and general expenses
- 1,278,000,000 US dollars
- Interest expense
- 840,000,000 US dollars
- Other operating expenses
- 264,000,000 US dollars
- Equity in income of unconsolidated affiliates
- 1,000,000 US dollars. Reported below-tax contribution to net income.
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to DEERE & CO: $1.73 B; to noncontrolling interests: −$3.00 M.

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Gross margin
40.3%
Gross profit / revenue
Operating margin
17.9%
Operating profit / revenue
Cash conversion
184.6%
Operating cash / net income, same period
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