Deere & Company and ITT Inc.: A Detailed Gross Profit Analysis

Deere vs. ITT: A Decade of Profit Growth

__timestampDeere & CompanyITT Inc.
Wednesday, January 1, 201410466900000866400000
Thursday, January 1, 20158013100000809100000
Friday, January 1, 20167649600000758200000
Sunday, January 1, 20178683100000817200000
Monday, January 1, 201810886100000887200000
Tuesday, January 1, 201911587000000910100000
Wednesday, January 1, 202011045000000782200000
Friday, January 1, 202113917000000899500000
Saturday, January 1, 202217239000000922300000
Sunday, January 1, 2023211170000001107300000
Monday, January 1, 2024139840000001247300000
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In pursuit of knowledge

A Tale of Two Giants: Deere & Company vs. ITT Inc.

In the world of industrial giants, Deere & Company and ITT Inc. have carved out significant niches. Over the past decade, Deere & Company has demonstrated a robust growth trajectory, with its gross profit surging by approximately 102% from 2014 to 2023. This impressive growth reflects Deere's strategic innovations and market expansion. In contrast, ITT Inc. has maintained a steady course, with its gross profit increasing by about 28% over the same period. While ITT's growth is more modest, it underscores the company's consistent performance in a competitive landscape.

The year 2023 marked a peak for Deere, with gross profits reaching unprecedented levels, while ITT Inc. also saw its highest gross profit in the same year. However, data for 2024 is incomplete, leaving room for speculation on future trends. This analysis offers a fascinating glimpse into the financial dynamics of these industrial titans.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025