Who Generates Higher Gross Profit? Deere & Company or Johnson Controls International plc

A Tale of Two Giants: Gross Profit Showdown

In the competitive landscape of industrial giants, Deere & Company and Johnson Controls International plc have been pivotal players. Over the past decade, Deere & Company has consistently outperformed its rival in terms of gross profit. From 2014 to 2023, Deere's gross profit surged by approximately 102%, peaking in 2023. In contrast, Johnson Controls saw a more modest increase of around 35% during the same period.

Key Insights

Deere & Company's strategic innovations and market expansions have propelled its financial growth, particularly evident in the 2023 fiscal year, where it achieved a gross profit nearly 2.4 times that of Johnson Controls. Meanwhile, Johnson Controls has maintained steady growth, with its highest gross profit recorded in 2018. As we look to the future, the question remains: will Deere continue its upward trajectory, or will Johnson Controls close the gap?