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  • Previous Rank323
  • Revenues ($M)$28,863
  • Revenue Percent Change-20%
  • Profits ($M)$1,940
  • Profits Percent Change-38.6%
  • Assets ($M)$57,948
  • Employees57,180

The top maker of agricultural machinery is taking a page from Silicon Valley, investing in mobile apps that let farmers monitor the spacing between seeds and connecting its iconic green tractors and combines with sensors that detect when a machine needs to be repaired or replaced. The new focus on tech is an effort to fight slumping sales. But it’s an uphill battle. Falling crop prices have put a massive dent in Deere’s sales, which came in at $28.9 billion in 2015, 20% down from the year before. What’s worse, the company expects that 2016 will be even worse for the farming business.

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Company Information

Samuel R. Allen
Construction and Farm Machinery
HQ Location
Moline, IL
Years on Global 500 List22
Figures are for fiscal year ended Oct. 31, 2015.

Deere Rank History

Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$28,863-20%
Profits ($M)$1,940-38.6%
Assets ($M)$57,948-
Total Stockholder Equity ($M)$6,743-

Profit Ratios

Profit as % of Revenues6.7%
Profits as % of Assets3.3%
Profits as % of Stockholder Equity28.8%