Deere & Company

NYSE DE

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Deere & Company Return on Fixed Assets (ROFA) 2 year CAGR for the year ending October 31, 2023: 25.81%

Deere & Company Return on Fixed Assets (ROFA) 2 year CAGR is 25.81% for the year ending October 31, 2023, a -59.52% change year over year. Return on fixed assets measures the profitability of a company relative to its fixed assets, such as property, plant, and equipment. It is calculated by dividing the net income by the net value of fixed assets. This ratio provides insights into how effectively a company utilizes its fixed assets to generate profits. A higher return on fixed assets suggests better profitability and efficient utilization of fixed assets. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Deere & Company Return on Fixed Assets (ROFA) for the year ending October 31, 2022 was 56.24%, a 20.80% change year over year.
  • Deere & Company Return on Fixed Assets (ROFA) for the year ending October 31, 2021 was 46.56%, a 121.95% change year over year.
  • Deere & Company Return on Fixed Assets (ROFA) for the year ending October 31, 2020 was 20.98%, a -12.69% change year over year.
  • Deere & Company Return on Fixed Assets (ROFA) for the year ending October 31, 2019 was 24.03%, a 32.21% change year over year.
NYSE: DE

Deere & Company

CEO Mr. John C. May II
IPO Date June 1, 1972
Location United States
Headquarters One John Deere Place, Moline, IL, United States, 61265
Employees 83,000
Sector Industrials
Industry Farm & heavy construction machinery
Description

Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides large and medium tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, harvesting front-end equipment, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. The company was founded in 1837 and is headquartered in Moline, Illinois.

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StockViz Staff

September 20, 2024

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