Gross Profit Showdown: Deere & Company vs. Avery Dennison Corporation

In the competitive landscape of American industry, two giants stand out: Deere & Company and Avery Dennison Corporation. Over the past decade, these companies have demonstrated their prowess in generating substantial gross profits. From 2014 to 2023, Deere & Company consistently outperformed Avery Dennison, with gross profits peaking at an impressive $21 billion in 2023, nearly ten times that of Avery Dennison's $2.3 billion in the same year.

A Decade of Growth

Deere & Company, renowned for its agricultural machinery, saw a remarkable 100% increase in gross profit from 2016 to 2023. Meanwhile, Avery Dennison, a leader in labeling and packaging materials, experienced a steady growth of 38% over the same period. This data highlights the resilience and strategic growth of these companies in their respective sectors.

Despite missing data for 2024, the trend is clear: Deere & Company remains a dominant force in gross profit generation.