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Revenue → Cost of sales: $35.3B
Production agriculture → Revenue: $21.7B
Revenue → Gross profit: $17.2B
Gross profit → Operating profit: $10.2B
Small agriculture → Revenue: $10.0B
Construction → Revenue: $7.5B
Operating profit → Net profit: $7.1B
Gross profit → Operating expenses: $7.0B
Operating expenses → Selling, general & admin: $3.9B
Financial products → Revenue: $3.8B
Roadbuilding → Revenue: $3.4B
Turf → Revenue: $3.0B
Operating profit → Tax: $2.0B
Operating expenses → Research & development: $1.9B
Other → Revenue: $1.8B
Forestry → Revenue: $1.3B
Operating expenses → Other operating expenses: $1.3B
Operating profit → Interest expense: $1.1B
Production agriculture: $21.7B
Revenue: $52.6B
Small agriculture: $10.0B
Turf: $3.0B
Construction: $7.5B
Roadbuilding: $3.4B
Forestry: $1.3B
Financial products: $3.8B
Other: $1.8B
Gross profit: $17.2B
Cost of sales: $35.3B
Operating profit: $10.2B
Operating expenses: $7.1B
Net profit: $7.1B
Tax: $2.0B
Interest expense: $1.1B
Research & development: $1.9B
Selling, general & admin: $3.9B
Other operating expenses: $1.3B
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Production agriculture
$21.7B
33% Y/Y
Revenue
$52.6B
19% Y/Y
Small agriculture
$10.0B
16% Y/Y
Turf
$3.0B
6% Y/Y
Construction
$7.5B
22% Y/Y
Roadbuilding
$3.4B
-8% Y/Y
Forestry
$1.3B
2% Y/Y
Financial products
$3.8B
3% Y/Y
Other
$1.8B
25% Y/Y
Gross profit
$17.2B
16% Y/Y
Cost of sales
$35.3B
21% Y/Y
Operating profit
$10.2B
18% Y/Y
Operating expenses
$7.1B
12% Y/Y
Net profit
$7.1B
20% Y/Y
Tax
$2.0B
21% Y/Y
Interest expense
$1.1B
7% Y/Y
Research & development
$1.9B
20% Y/Y
Selling, general & admin
$3.9B
14% Y/Y
Other operating expenses
$1.3B
-5% Y/Y
John Deere FY22 Income Statement
2022
Full Year
2023
Q1
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