Deere & Company vs Johnson Controls International plc: Examining Key Revenue Metrics

A Tale of Two Giants: Deere & Company vs. Johnson Controls International

In the ever-evolving landscape of industrial giants, Deere & Company and Johnson Controls International plc have carved distinct paths over the past decade. From 2014 to 2023, Deere & Company has seen a remarkable revenue growth of approximately 74%, peaking in 2023 with a revenue of $61.2 billion. This growth trajectory underscores Deere's robust expansion in the agricultural and construction sectors.

Conversely, Johnson Controls International has experienced a more modest revenue journey, with a 37% decline from its 2014 peak of $42.8 billion to $26.8 billion in 2023. This shift reflects the company's strategic realignments and market challenges in the building technologies and solutions sector.

As we look to 2024, Deere's revenue is projected to stabilize, while Johnson Controls continues to navigate its path in a competitive market. This comparison highlights the dynamic nature of industrial revenue streams and the strategic decisions that shape them.