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Deere

Daniel Acker—Bloomberg via Getty Images
  • Previous Rank394
  • Country
    U.S.
  • Revenues ($M)$37,357.70
  • Revenue Percent Change25.6%
  • Profits ($M)$2,368.40
  • Profits Percent Change9.7%
  • Assets ($M)$70,108.00
  • Employees74,413

The American icon can thank overseas markets for much of its recent growth. In fiscal 2018, equipment sales grew 34% outside of the U.S. and Canada (as compared to 25% annual growth inside of North America). Its acquisition of German construction machinery maker Wirtgen Group also helped push these increases. The result: Total revenue for the year came in at $37.4 billion, up more than 25% from the year before. Profits also climbed, reaching $2.4 billion, an increase of nearly 10% year-over-year. But Deere is facing some headwinds, not just due to the contracting agriculture market in the U.S. The company has warned that it is facing cost pressures for raw materials such as steel, a side effect of current trade wars.

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Company Information

CEO
Samuel R. Allen
Sector
Industrials
Industry
Construction and Farm Machinery
HQ Location
Moline, Ill.
Websitehttps://www.johndeere.com
Years on Global 500 List25
Employees74,413
Figures are for fiscal year ended Oct. 31, 2018.

Deere Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$37,357.7025.6%
Profits ($M)$2,368.409.7%
Assets ($M)$70,108.00-
Total Stockholder Equity ($M)$11,287.80-

Profit Ratios

Profit as % of Revenues6.3%
Profits as % of Assets3.4%
Profits as % of Stockholder Equity21%