Deere & Co.
-1.67 %
17.57 %
Yet to be announced
Company Overview
Deere & Company, commonly known as John Deere, is a global leader in manufacturing agricultural, construction, and forestry machinery. The company produces tractors, harvesters, planters, and other agricultural equipment, as well as construction equipment like excavators and loaders. They also provide financial services to customers for equipment purchases.
Revenue Sources
PassBased on analysis of Deere's revenue sources, their primary income streams come from the sale and leasing of agricultural and construction equipment, along with associated parts and services. These are all halal business activities. While the company does offer financing services, these are primarily to facilitate equipment purchases rather than being a core profit center.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Jan. 26, 2025 | $8.51b | $7.61b | - | $829.0m | 0.00% | 10.89% |
| Oct. 27, 2024 | $11.14b | $9.62b | - | $870.0m | 0.00% | 9.04% |
| July 28, 2024 | $13.15b | $10.8b | - | $840.0m | 0.00% | 7.78% |
| April 28, 2024 | $15.23b | $12.12b | - | $836.0m | 0.00% | 6.90% |
Analyzing the last four quarters of financial data, Deere's interest expense ratio shows a concerning pattern. Interest expenses represent a material portion of total expenses, consistently exceeding 5% of total expenses across all four quarters examined. This level of interest expense indicates that interest-bearing debt plays a significant role in the company's operations.
Operational Ethics
PassResearch into Deere & Company's global operations and partnerships does not reveal any significant ongoing associations with entities involved in human rights violations. While the company operates globally, including in China, there is no evidence of direct material collaboration with the Chinese Communist Party or operations in Israel.
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