Deere & Company

Industry: Construction Agricultural Machinery

Fortune Rank: 107

Deere & Co. manufactures and distributes farm equipment and machines used in construction, earthmoving and forestry. DE also finances equipment sales and leases, offers specialized insurance and provides health management services. For the 9 months ended 7/30/05, revenues rose 13% to $16.75B. Net income rose 16% to $1.21B. Revenues reflect increased shipments and improved price realizations. Net income reflects stronger production volume.

Deere & Company, together with its subsidiaries (collectively, John Deere), manufactures and distributes a line of agricultural equipment, a variety of commercial and consumer equipment and a range of equipment for construction and forestry. Through its financial services segment, the Company also finances sales and leases by John Deere dealers of new and used agricultural, commercial and consumer and construction and forestry equipment. It also provides wholesale financing to dealers of the foregoing equipment, provides operating loans and finances retail revolving charge accounts. John Deere is also engaged in special technologies operations and provides managed healthcare plans.

Deere & Company

Deere & Company is a Fortune 500 company. In 2010 Deere & Company was ranked number 107 on the Fortune 500 list, making it the 107th largest company in the United States when judged by revenue.

Deere & Company achieved revenue of $23,112.40 million in 2010 and earned a profit of $873.50 million.

Deere & Company's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 87th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $28,438 million (a change of -5 million compared to 2010) and profits of $2,053 million (a change of 872 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Deere & Company would be ranked 149th rather than 107th due to its profits of $874 in 2010.

Deere & Company Revenue* Profit* Fortune Ranking

* US$ Million

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