Cost of Revenue Comparison: Deere & Company vs Allegion plc

Cost of Revenue: A Tale of Two Giants

In the world of industrial and security solutions, Deere & Company and Allegion plc stand as titans. Over the past decade, Deere & Company has consistently outpaced Allegion plc in terms of cost of revenue, reflecting its expansive operations in the agricultural and construction sectors. From 2014 to 2023, Deere & Company's cost of revenue surged by approximately 62%, peaking at an impressive $40 billion in 2023. In contrast, Allegion plc, a leader in security products, saw a more modest increase of around 64% over the same period, reaching $2 billion in 2023. This stark difference highlights the scale and scope of Deere's operations compared to Allegion's more niche market. However, the data for 2024 shows a missing value for Allegion, indicating potential reporting delays or strategic shifts. As these companies continue to evolve, their financial trajectories offer valuable insights into their respective industries.