EBITDA Analysis: Evaluating Deere & Company Against Cummins Inc.

A Decade of EBITDA: Deere & Company vs. Cummins Inc.

In the world of heavy machinery and engines, two giants stand out: Deere & Company and Cummins Inc. Over the past decade, these companies have showcased their financial prowess through EBITDA performance. Deere & Company has consistently outperformed Cummins Inc., with an average EBITDA nearly three times higher. In 2023, Deere's EBITDA peaked at approximately $17 billion, marking a 146% increase from 2014. Cummins, while showing steady growth, reached its highest EBITDA in 2022, with a 52% increase from 2014. This analysis highlights Deere's robust growth trajectory, especially in recent years, while Cummins maintains a stable yet slower pace. The data from 2014 to 2023 paints a vivid picture of industry dynamics, with Deere's aggressive expansion and Cummins' steady resilience. Missing data for Cummins in 2024 suggests a need for further updates to complete the financial narrative.