Deere & annual operating margin
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2024
Deere & Operating Margin Growth & History (DE)
Deere &'s operating margin was 17.48% for fiscal 2024.
View full Deere & company overviewDeere & annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-10-27 | 17.48% | −3.68 pp |
| 2023 | 2023-10-29 | 21.16% | +3.07 pp |
| 2022 | 2022-10-30 | 18.08% | −0.12 pp |
| 2021 | 2021-10-31 | 18.20% | +6.09 pp |
| 2020 | 2020-11-01 | 12.11% | +0.87 pp |
| 2019 | 2019-11-03 | 11.25% | −0.74 pp |
| 2018 | 2018-10-28 | 11.98% | −0.04 pp |
| 2017 | 2017-10-29 | 12.02% | +2.30 pp |
| 2016 | 2016-10-31 | 9.72% | −1.16 pp |
| 2015 | 2015-10-31 | 10.88% | −3.59 pp |
| 2014 | 2014-10-31 | 14.47% | −1.22 pp |
| 2013 | 2013-10-31 | 15.68% | +1.55 pp |
| 2012 | 2012-10-31 | 14.13% | −0.13 pp |
| 2011 | 2011-10-31 | 14.26% | +1.15 pp |
| 2010 | 2010-10-31 | 13.11% | +6.15 pp |
| 2009 | 2009-10-31 | 6.95% | −5.07 pp |
| 2008 | 2008-10-31 | 12.03% | — |
Deere & quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q4 2023 | 2023-10-29 | 19.64% | +0.60 pp |
| Q3 2023 | 2023-07-30 | 22.25% | +3.49 pp |
| Q2 2023 | 2023-04-30 | 22.42% | +2.45 pp |
| Q1 2023 | 2023-01-29 | 19.90% | +7.00 pp |
| Q4 2022 | 2022-10-30 | 19.03% | +4.10 pp |
| Q3 2022 | 2022-07-31 | 18.76% | −0.70 pp |
| Q2 2022 | 2022-05-01 | 19.97% | −0.26 pp |
| Q1 2022 | 2022-01-30 | 12.91% | −5.07 pp |
| Q4 2021 | 2021-10-31 | 14.94% | +1.53 pp |
| Q3 2021 | 2021-08-01 | 19.46% | +3.88 pp |
| Q2 2021 | 2021-05-02 | 20.23% | +9.80 pp |
| Q1 2021 | 2021-01-31 | 17.98% | +9.52 pp |
| Q4 2020 | 2020-11-01 | 13.41% | +4.15 pp |
| Q3 2020 | 2020-08-02 | 15.57% | +3.68 pp |
| Q2 2020 | 2020-05-03 | 10.43% | −3.11 pp |
| Q1 2020 | 2020-02-02 | 8.45% | −1.18 pp |
| Q4 2019 | 2019-11-03 | 9.26% | −2.03 pp |
| Q3 2019 | 2019-07-28 | 11.90% | −0.55 pp |
| Q2 2019 | 2019-04-28 | 13.54% | −0.39 pp |
| Q1 2019 | 2019-01-27 | 9.63% | +0.43 pp |
| Q4 2018 | 2018-10-28 | 11.29% | +0.41 pp |
| Q3 2018 | 2018-07-29 | 12.45% | −0.39 pp |
| Q2 2018 | 2018-04-29 | 13.94% | −1.49 pp |
| Q1 2018 | 2018-01-28 | 9.20% | +1.70 pp |
| Q4 2017 | 2017-10-29 | 10.88% | −1.26 pp |
| Q3 2017 | 2017-07-30 | 12.83% | +2.07 pp |
| Q2 2017 | 2017-04-30 | 15.42% | +4.65 pp |
| Q1 2017 | 2017-01-29 | 7.50% | +0.12 pp |
| Q3 2016 | 2016-07-31 | 12.13% | +3.80 pp |
| Q2 2016 · May 1 | 2016-05-01 | 10.77% | −0.29 pp |
| Q2 2016 · Apr 30 | 2016-04-30 | 10.77% | −2.61 pp |
| Q1 2016 | 2016-01-31 | 7.39% | −2.75 pp |
| Q4 2015 | 2015-10-31 | 8.34% | −4.72 pp |
| Q3 2015 | 2015-07-31 | 11.06% | −3.51 pp |
| Q2 2015 | 2015-04-30 | 13.38% | −2.61 pp |
| Q1 2015 | 2015-01-31 | 10.14% | −3.88 pp |
| Q4 2014 | 2014-10-31 | 13.06% | −1.29 pp |
| Q3 2014 | 2014-07-31 | 14.57% | −2.19 pp |
| Q2 2014 | 2014-04-30 | 15.98% | −1.07 pp |
| Q1 2014 | 2014-01-31 | 14.02% | +0.09 pp |
| Q4 2013 | 2013-10-31 | 14.35% | +1.66 pp |
| Q3 2013 | 2013-07-31 | 16.75% | +3.23 pp |
| Q2 2013 | 2013-04-30 | 17.05% | +0.10 pp |
| Q1 2013 | 2013-01-31 | 13.93% | +1.03 pp |
| Q4 2012 | 2012-10-31 | 12.68% | −0.69 pp |
| Q3 2012 | 2012-07-31 | 13.52% | −0.37 pp |
| Q2 2012 | 2012-04-30 | 16.96% | +0.89 pp |
| Q1 2012 | 2012-01-31 | 12.90% | −0.47 pp |
| Q4 2011 | 2011-10-31 | 13.38% | +1.49 pp |
| Q3 2011 | 2011-07-31 | 13.89% | −1.29 pp |
| Q2 2011 | 2011-04-30 | 16.06% | +0.66 pp |
| Q1 2011 | 2011-01-31 | 13.37% | +4.76 pp |
| Q4 2010 | 2010-10-31 | 11.89% | — |
| Q3 2010 | 2010-07-31 | 15.18% | — |
| Q2 2010 | 2010-04-30 | 15.40% | — |
| Q1 2010 | 2010-01-31 | 8.60% | — |
Deere & operating margin trends
Over the last five reported fiscal years, Deere &'s operating margin increased from 11.25% to 17.48%, a change of +6.23 percentage points. The latest reported quarter, Q4 2023, shows 19.64%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Deere & filings at SEC.gov ↗