Top Deere & Company Competitors and Alternatives | Bullfincher

+

Ticker

DE

CAT

Headquarter

Moline ,IL

US

Deerfield ,IL

US

CEO

Mr. John C. May II

Industry

Agricultural - Machinery

Agricultural - Machinery

Stock Price

Stock Price

Market Cap

$124.04B

$186.37B

Employees

Years

2022
2023
2024

2021
2022
2023

Employees

82.24K
82.96K
75.85K

107.70K
109.10K
113.20K

Y/Y

8.85%

0.87%

8.57%

10.69%

1.3%

3.76%

Income Statement

Revenue

Years

2022
2023
2024

2021
2022
2023

Revenue

$52.58B
$61.22B
$44.76B

$50.97B
$59.43B
$67.06B

Y/Y

22.18%

16.44%

26.89%

22.09%

16.59%

12.84%

Revenue by Products / Services

Revenue by Geography

Research and Development

Years

2022
2023
2024

2021
2022
2023

Research and Development

$1.91B
$2.18B
$2.29B

$1.69B
$1.81B
$2.11B

Y/Y

20.48%

13.86%

5.19%

19.15%

7.59%

16.21%

Operating Income

Years

2022
2023
2024

2021
2022
2023

Operating Income

$10.19B
$15.34B
$6.85B

$6.88B
$7.90B
$12.97B

Y/Y

18.55%

50.54%

55.32%

51.07%

14.92%

64.04%

Tax Rate (%)

Years

2022
2023
2024

2021
2022
2023

Tax Rate (%)

22.00%
22.00%
23.00%

21.00%
24.00%
21.00%

Y/Y

0.83%

0.27%

3.17%

15.69%

11.26%

9.78%

Net Income

Years

2022
2023
2024

2021
2022
2023

Net Income

$7.13B
$10.17B
$7.10B

$6.49B
$6.71B
$10.34B

Y/Y

19.59%

42.56%

30.16%

116.44%

3.33%

54.14%

Assets & Liabilities | Cash Flow

Total Assets

Years

2022
2023
2024

2021
2022
2023

Total Assets

$90.03B
$104.09B
$107.32B

$82.79B
$81.94B
$87.48B

Y/Y

7.03%

15.61%

3.11%

5.71%

1.03%

6.75%

Total Liabilities

Years

2022
2023
2024

2021
2022
2023

Total Liabilities

$69.67B
$82.20B
$84.40B

$66.28B
$66.05B
$67.97B

Y/Y

6.08%

17.98%

2.67%

5.29%

0.34%

2.91%

Capital Expenditures (Capex)

Years

2022
2023
2024

2021
2022
2023

Capital Expenditures (Capex)

-$3.79B
-$4.47B
-$1.64B

-$2.47B
-$2.60B
-$3.09B

Y/Y

46.82%

17.95%

63.29%

16.88%

5.14%

18.97%

Profitability

Operating Income Margin (%)

Years

2022
2023
2024

2021
2022
2023

Operating Income Margin (%)

19.38%
25.05%
15.31%

13.49%
13.30%
19.33%

Y/Y

2.95%

29.26%

38.88%

23.65%

1.41%

45.34%

Net Income Margin (%)

Years

2022
2023
2024

2021
2022
2023

Net Income Margin (%)

13.56%
16.61%
15.86%

12.73%
11.28%
15.41%

Y/Y

2.16%

22.49%

4.52%

77.3%

11.39%

36.61%

EBITDA

2021	10410000000.00
2022	11030000000.00
2023	17036000000.00
2024	14672000000.00

2020	7267000000.00
2021	10627000000.00
2022	11974000000.00
2023	15705000000.00

Years

2022
2023
2024

2021
2022
2023

EBITDA

$11.03B
$17.04B
$14.67B

$10.63B
$11.97B
$15.71B

Y/Y

5.96%

54.45%

13.88%

46.24%

12.68%

31.16%

Free Cash Flow (FCF)

2021	5146000000.00
2022	911000000.00
2023	4121000000.00
2024	7591000000.00

2020	4212000000.00
2021	4726000000.00
2022	5167000000.00
2023	9793000000.00

Years

2022
2023
2024

2021
2022
2023

Free Cash Flow (FCF)

$911.00M
$4.12B
$7.59B

$4.73B
$5.17B
$9.79B

Y/Y

82.3%

352.36%

84.2%

12.2%

9.33%

89.53%

Ratios

Return on Equity (ROE)

Years

2022
2023
2024

2021
2022
2023

Return on Equity (ROE)

35.19%
46.67%
31.09%

39.37%
42.25%
53.02%

Y/Y

8.78%

32.62%

33.38%

101.28%

7.32%

25.49%

Return on Assets (ROA)

Years

2022
2023
2024

2021
2022
2023

Return on Assets (ROA)

7.92%
9.77%
6.62%

7.84%
8.18%
11.81%

Y/Y

11.71%

23.36%

32.24%

104.7%

4.34%

44.38%

Debt to Equity

Years

2022
2023
2024

2021
2022
2023

Debt to Equity

256.14%
292.37%
59.26%

229.25%
233.11%
194.31%

Y/Y

2.49%

14.14%

79.73%

5.42%

1.68%

16.64%

Valuation

Enterprise Value

Years

2022
2023
2024

2021
2022
2023

Enterprise value

$167.65B
$163.71B
$120.02B

$141.00B
$156.21B
$181.87B

Y/Y

10.17%

2.35%

26.69%

11.16%

10.79%

16.42%

Enterprise value to Revenue

Years

2022
2023
2024

2021
2022
2023

Enterprise value to Revenue

3.19
2.67
2.68

2.77
2.63
2.71

Y/Y

9.83%

16.14%

0.28%

8.96%

4.97%

3.17%

Enterprise value to EBITDA

Years

2022
2023
2024

2021
2022
2023

Enterprise value to EBITDA

15.20
9.61
8.18

13.27
13.05
11.58

Y/Y

3.97%

36.78%

14.88%

23.99%

1.67%

11.23%