Deere & Co.
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 | FY2006 |
|---|---|---|---|---|
| Revenue | $24.65B | $32.77B | $29.01B | $27.15B |
| Production & Precision Ag | $16.20B | $21.67B | $18.45B | $17.72B |
| Small Ag & Turf | $3.67B | $4.21B | $3.87B | $3.59B |
| Construction & Forestry | $3.33B | $5.35B | $5.35B | $4.66B |
| Financial Services | $1.46B | $1.55B | $1.34B | $1.18B |
| Cost of Revenue | $16.26B | $19.57B | $16.25B | — |
| Gross Profit | $8.40B | $13.19B | $12.76B | — |
| Gross Margin | 34.1% | 40.3% | 44.0% | — |
| Operating Expenses | ||||
| Research & Development | $977.0M | $943.1M | $816.8M | — |
| SG&A Expense | $2.78B | $2.96B | $2.62B | — |
| Operating Income | $1.61B | $3.42B | $3.83B | — |
| Operating Margin | 6.5% | 10.4% | 13.2% | — |
| Interest Expense | $1.04B | $1.14B | $1.15B | — |
| Pretax Income | $1.34B | $3.12B | $2.68B | — |
| Income Tax Expense | $460.0M | $1.11B | $883.0M | — |
| Net Income | $873.5M | $2.05B | $1.82B | — |
| Net Margin | 3.5% | 6.3% | 6.3% | — |
| EPS (Basic) | $2.07 | $4.76 | $4.05 | — |
| EPS (Diluted) | $2.06 | $4.70 | $4.00 | — |
| Shares Outstanding (Basic) | 422.8M | 431.1M | 449.3M | — |
| Shares Outstanding (Diluted) | 424.4M | 436.3M | 455.0M | — |
| Dividends Per Share | $1.12 | $1.06 | $0.91 | — |