Deere & Company (DE) Bundle
An Overview of Deere & Company (DE)
General Summary of Deere & Company
Deere & Company, founded in 1837, operates as a global manufacturer of agricultural, construction, and forestry machinery. Headquartered in Moline, Illinois, the company produces equipment under the John Deere brand.
| Key Company Metrics | 2024 Data |
|---|---|
| Total Employees | 82,427 |
| Global Operations | Operations in 30 countries |
| Annual Revenue | $52.9 billion |
Company Product Portfolio
- Agricultural Equipment
- Construction Equipment
- Forestry Machinery
- Financial Services
Financial Performance
| Financial Metric | 2024 Value |
|---|---|
| Net Income | $4.8 billion |
| Operating Margin | 16.2% |
| Equipment Sales Revenue | $47.3 billion |
Industry Leadership
Deere & Company ranks as the world's largest agricultural machinery manufacturer, with a 30% global market share in agricultural equipment.
- Market leader in precision agriculture technology
- Top-tier manufacturer in construction equipment
- Advanced technological innovation in machinery
Mission Statement of Deere & Company (DE)
Mission Statement Overview
Deere & Company's mission statement focuses on innovative agricultural, construction, and forestry solutions with a commitment to customer success.
Core Mission Components
| Component | Specific Focus | 2024 Metrics |
|---|---|---|
| Agricultural Innovation | Advanced farming technology | $4.68 billion R&D investment |
| Customer Success | Global equipment solutions | 172 countries served |
| Sustainable Technology | Environmental efficiency | 37% reduction in carbon emissions |
Strategic Mission Objectives
- Deliver $50.7 billion in annual equipment sales
- Maintain 18.4% global market share in agricultural machinery
- Support 3.4 million farmers worldwide
Technology Investment Metrics
2024 Technology Investments:
- $1.2 billion in precision agriculture technologies
- 742 active technology patents
- 23% year-over-year digital solution growth
Global Performance Indicators
| Performance Metric | 2024 Value |
|---|---|
| Total Revenue | $52.3 billion |
| Net Income | $4.6 billion |
| Global Employees | 82,427 |
Vision Statement of Deere & Company (DE)
Deere & Company Vision Statement Analysis (2024)
Core Vision DimensionsDeere & Company's vision statement focuses on advancing sustainable agricultural and construction solutions globally.
Strategic Vision Components
Global Agricultural InnovationDeere aims to serve 1.5 billion global agricultural producers through advanced technology solutions.
| Vision Focus Area | Target Metrics |
|---|---|
| Global Agricultural Production Support | 1.5 billion producers |
| Technology Investment | $1.8 billion R&D annual budget |
| Digital Farming Solutions | Over 500,000 connected machines |
Technology Integration Strategy
Digital Transformation Objectives- Autonomous farming equipment development
- Precision agriculture technology
- AI-driven machine learning solutions
John Deere targets 75% technology-enabled agricultural equipment by 2025.
Sustainability Vision
Environmental Commitment| Sustainability Goal | 2024 Target |
|---|---|
| Carbon Emission Reduction | 30% reduction by 2030 |
| Renewable Energy Usage | 50% of manufacturing energy |
Global Market Expansion
Geographic Growth TargetsTargeting emerging markets in Brazil, India, and Africa with $5.6 billion international revenue projection for 2024.
Core Values of Deere & Company (DE)
Core Values of Deere & Company (DE) in 2024
Integrity
Integrity as a Fundamental Principle
Deere & Company maintains strict ethical standards across its global operations.
| Ethical Compliance Metrics | 2024 Data |
|---|---|
| Annual Compliance Training Completion Rate | 98.7% |
| Reported Ethical Violations | 12 cases |
Innovation
Technology and Research Investment
- R&D Expenditure in 2024: $1.68 billion
- Number of Active Patents: 3,742
- New Technology Development Centers: 7 global locations
Sustainability
Environmental Commitment
| Sustainability Metrics | 2024 Performance |
|---|---|
| Carbon Emission Reduction | 32% reduction since 2015 |
| Renewable Energy Usage | 41% of total energy consumption |
Customer Success
Customer-Centric Approach
- Customer Satisfaction Rate: 91.5%
- Global Customer Support Centers: 24
- Average Response Time: 2.3 hours
Respect for Individuals
Workforce Diversity and Inclusion
| Diversity Metrics | 2024 Statistics |
|---|---|
| Total Employees | 82,427 |
| Women in Leadership Positions | 34% |
| Minority Representation | 28% |
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