Analyzing Cost of Revenue: Deere & Company and Cummins Inc.

Analyzing Cost of Revenue: A Tale of Two Giants

In the world of heavy machinery and engines, Deere & Company and Cummins Inc. have long been titans. Over the past decade, these industry leaders have shown remarkable trends in their cost of revenue. From 2014 to 2023, Deere & Company consistently outpaced Cummins Inc., with a notable 50% increase in cost of revenue, peaking at $40 billion in 2023. Cummins Inc., while trailing, demonstrated a steady growth of 80% over the same period, reaching $26 billion. This data highlights the robust expansion and operational scale of these companies. However, 2024 data for Cummins Inc. remains elusive, leaving room for speculation. As these giants continue to evolve, their financial strategies and market dynamics will be crucial in shaping the future of the industry.