A Decade of Gross Profit Trends: Deere & Company vs. IDEX Corporation

In the ever-evolving landscape of industrial giants, Deere & Company and IDEX Corporation have showcased intriguing financial trajectories over the past decade. Deere & Company, a stalwart in agricultural machinery, has seen its gross profit soar by approximately 102% from 2014 to 2023, peaking in 2023. This remarkable growth underscores its resilience and adaptability in a competitive market.

Conversely, IDEX Corporation, a leader in fluid and metering technologies, has experienced a steady yet modest increase of around 52% in gross profit over the same period. Despite its smaller scale compared to Deere, IDEX's consistent growth highlights its strategic positioning and operational efficiency.

While Deere's gross profit took a dip in 2024, the absence of data for IDEX in the same year leaves room for speculation. This comparison offers a fascinating glimpse into the financial dynamics of two industry titans.