Key Insights on Gross Profit: Deere & Company vs RB Global, Inc.

Deere's Dominance in Gross Profit Growth

__timestampDeere & CompanyRB Global, Inc.
Wednesday, January 1, 201410466900000423213000
Thursday, January 1, 20158013100000459849000
Friday, January 1, 20167649600000500333000
Sunday, January 1, 20178683100000531504000
Monday, January 1, 201810886100000636629000
Tuesday, January 1, 201911587000000672825000
Wednesday, January 1, 202011045000000761671000
Friday, January 1, 202113917000000822188000
Saturday, January 1, 202217239000000957107000
Sunday, January 1, 2023211170000001778400000
Monday, January 1, 2024139840000004284200000
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Unleashing insights

A Tale of Two Giants: Gross Profit Trends from 2014 to 2023

In the world of industrial machinery and auction services, Deere & Company and RB Global, Inc. stand as titans. Over the past decade, Deere & Company has consistently outperformed RB Global, Inc. in terms of gross profit. From 2014 to 2023, Deere & Company saw a remarkable growth of approximately 102%, peaking in 2023 with a gross profit of over $21 billion. In contrast, RB Global, Inc. experienced a more modest increase of around 320%, reaching nearly $1.8 billion in the same year. This stark difference highlights Deere's dominant position in the market. However, the data for 2024 is incomplete, leaving room for speculation on future trends. As these companies continue to evolve, their financial trajectories will be closely watched by investors and industry analysts alike.

Key Insight: Deere's Dominance in Gross Profit Growth

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025