Deere & Company vs Ferguson plc: A Gross Profit Performance Breakdown

Deere vs Ferguson: A Decade of Gross Profit Trends

__timestampDeere & CompanyFerguson plc
Wednesday, January 1, 2014104669000006203188666
Thursday, January 1, 201580131000005816457079
Friday, January 1, 201676496000005389727937
Sunday, January 1, 201786831000005793596551
Monday, January 1, 2018108861000006044000000
Tuesday, January 1, 2019115870000006458000000
Wednesday, January 1, 2020110450000006421000000
Friday, January 1, 2021139170000006980000000
Saturday, January 1, 2022172390000008756000000
Sunday, January 1, 2023211170000009025000000
Monday, January 1, 2024139840000009053000000
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Unlocking the unknown

A Tale of Two Giants: Gross Profit Trends from 2014 to 2024

In the world of heavy machinery and equipment, Deere & Company and Ferguson plc stand as titans. Over the past decade, these industry leaders have showcased remarkable financial performances, with Deere & Company consistently outpacing Ferguson plc in gross profit. From 2014 to 2023, Deere & Company saw a staggering 102% increase in gross profit, peaking in 2023. In contrast, Ferguson plc experienced a more modest growth of 46% over the same period.

The year 2023 marked a significant milestone, with Deere & Company's gross profit reaching nearly 2.3 times that of Ferguson plc. However, projections for 2024 suggest a slight dip for Deere & Company, while Ferguson plc continues its steady climb. This dynamic interplay highlights the competitive landscape and strategic maneuvers of these two powerhouses in the global market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025