Deere & Company
DE
$390.80
Share price
-0.97%
Change (1 day)
0.71%
Change (1 year)
Categories
Operating Margin for Deere & Company (DE)
Operating Margin as of April 2024 (TTM): 17.35%
According to Deere & Company's latest financial reports and stock price the company's current Operating Margin is 17.35%. At the end of 2022 the company had an Operating Margin of 17.36%.
Operating Margin history for Deere & Company from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 17.36% | 0.53% |
| 2021 | 17.27% | 58.05% |
| 2020 | 10.93% | 4.92% |
| 2019 | 10.41% | -4.44% |
| 2018 | 10.90% | 2.75% |
| 2017 | 10.61% | 27.05% |
| 2016 | 8.35% | -13.34% |
| 2015 | 9.63% | -27.59% |
| 2014 | 13.30% | -8.32% |
| 2013 | 14.51% | 10.8% |
| 2012 | 13.09% | -0.74% |
| 2011 | 13.19% | 13.39% |
| 2010 | 11.63% | 100.68% |
| 2009 | 5.80% | -47.5% |
| 2008 | 11.04% | -0.62% |
| 2007 | 11.11% | 13.19% |
| 2006 | 9.81% | -0.15% |
| 2005 | 9.83% | -7.05% |
| 2004 | 10.58% | 69.15% |
| 2003 | 6.25% | 44.69% |
| 2002 | 4.32% | -2416.27% |
| 2001 | -0.19% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 14.72% | -15.16% | 🇺🇸 USA |
 The Toro Company
TTC | 13.32% | -23.23% | 🇺🇸 USA |
 Lindsay Corporation
LNN | 11.40% | -34.29% | 🇺🇸 USA |
 Honda HMC | 6.78% | -60.92% | 🇯🇵 Japan |
 AGCO AGCO | 8.75% | -49.57% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.