Company profile

Future of Deere

#
Rank
53
| Quantumrun Global 1000

Deere & Company (also known with its brand name as John Deere) is a US corporation that produces diesel engines, lawn care equipment, construction, forestry, and agricultural machinery, and drivetrains (axles, transmissions, gearboxes) used in heavy equipment.

Home Country:
Sector:
Industry:
Construction and Farm Machinery
Website:
Founded:
1837
Global employee count:
56767
Domestic employee count:
Number of domestic locations:
49

Financial Health

Revenue:
$26644000000 USD
3y average revenue:
$30524566667 USD
Operating expenses:
$6171100000 USD
3y average expenses:
$6201433333 USD
Funds in reserve:
$4335800000 USD
Market country
Revenue from country
0.65

Asset Performance

  1. Product/Service/Dept. name
    Revenues from services
    Product/Service revenue
    270000000
  2. Product/Service/Dept. name
    Other
    Product/Service revenue
    265000000
  3. Product/Service/Dept. name
    Insurance premiums and fees earned
    Product/Service revenue
    195000000

Innovation assets and Pipeline

Investment into R&D:
$1389100000 USD
Total patents held:
5116
Number of patents field last year:
5

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the industrials sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, advances in nanotech and material sciences will result in a range of materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will enable significantly novel design and engineering possibilities that will impact the manufacture of a vast swath of current and future products.

*The shrinking cost and increasing functionality of advanced manufacturing robotics will lead to further automation of factory assembly lines, thereby improving manufacturing quality and costs.

*3D printing (additive manufacturing) will increasingly work in tandem with future automated manufacturing plants drive down the costs of production even further by the early 2030s.

COMPANY’S FUTURE PROSPECTS

Company Headlines