Deere Co. Stock
€346.90
Your prediction
Deere Co. Stock
Deere and Company (DE) is an American multinational corporation that manufactures agricultural, construction, and forestry equipment. Founded in 1837, the company has expanded its operations and now sells its products in more than 110 countries, employing over 73,000 people worldwide. Deere and Company's portfolio includes iconic brands such as John Deere, Wirtgen, and Terramite, and it generated revenues of $35.5 billion in 2019. The company is listed on the New York Stock Exchange (NYSE) and is a constituent of the S 500 index.
Pros and Cons of Deere Co. in the next few years
Pros
Cons
Performance of Deere Co. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Deere Co. | -0.200% | 3.730% | -0.955% | -11.507% | -3.739% | 16.176% | 135.789% |
| PACCAR Inc. | -0.110% | 4.856% | 0.000% | 25.440% | 12.027% | 32.677% | 59.855% |
| Caterpillar Inc. | 0.310% | 3.902% | 4.072% | 37.716% | 19.216% | 78.891% | 162.186% |
| Melrose Industries Plc | -2.940% | -6.412% | -4.957% | 6.474% | -0.093% | 11.088% | -2.995% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Deere & Co (NYSE: DE), a leader in the Machinery, Equipment & Components industry, seems to have overall solid financials. From a general perspective, the company has experienced growth in its total assets, revenue, and net income over the past few years. However, diving deeper into the financial statements reveals some areas of concern alongside the positive aspects.
Growing Assets and Revenue: The financial statements show that Deere & Co's total assets have been steadily increasing from $75 billion in 2020 to $84 billion in 2021, and reaching $90 billion in 2022. This growth indicates the company's ability to effectively utilize and manage its resources. Additionally, the total revenue has seen an upward trend over the same period, growing from $35.5 billion in 2020 to $44 billion in 2021 and reaching $52.6 billion in 2022.
Rising Net Income: Deere & Co's net income has also been growing consistently in recent years. The net income increased from $2.75 billion in 2020 to $5.96 billion in 2021, and further rose to $7.13 billion in 2022.
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