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Deere (DE) FY2007 results: revenue $24.1 billion

Deere & Co. (DE) reported revenue of $24.1 billion for fiscal 2007, the year ended 31 October 2007. Net income was $1.8 billion, and diluted earnings per share $4.00. The figures are the company's own, from the 10-K it filed with the SEC on 17 December 2009.

Revenue
$24.1 billion
FY2007FY2007
Operating margin
n/a
FY2007FY2007
Net income
$1.8 billion
FY2007FY2007
Diluted EPS
$4.00
FY2007FY2007

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2007Last 8 years
Revenue24,082
Cost of revenue16,253
Gross profit7,829
Gross margin32.5%
Research and development817
Selling, general and administrative2,621
Interest expense1,151
Pre-tax income2,676
Income tax883
Effective tax rate33.0%
Net income1,822
Net margin7.6%
Diluted EPS$4.00
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2007Last 8 years
Operating cash flow2,759
Capital expenditure1,022
Free cash flow1,737
Free cash flow margin7.2%
Cash from investing-1,933
Cash from financing-281
Depreciation and amortisation744
Share-based compensation82.0
Buybacks1,518
Dividends paid387
Dividend per share$0.91
Diluted shares, weighted455m

Balance sheet

$ millionFY2007Last 8 years
Shareholders' equity7,156
Cash and equivalents2,279

10-K for the year ended 31 October 2007, filed 17 December 2009: the filing.