What is Deere & Company's construction and forestry — interest expense?

Deere & Company (DE) reported construction and forestry — interest expense of $51.00M in Q3 2024.

How has Deere & Company's construction and forestry — interest expense changed year-over-year?

Deere & Company's construction and forestry — interest expense increased by 20.7% year-over-year, from $42.25M to $51.00M.

What is the long-term trend for Deere & Company's construction and forestry — interest expense?

Over 3 years (2021 to 2024), Deere & Company's construction and forestry — interest expense has grown at a 64.3% compound annual growth rate (CAGR), from $46.00M to $204.00M.

What does construction and forestry — interest expense mean?

The total interest costs associated with the debt and financing activities of the Construction and Forestry business segment.

Discontinued — last reported Q4 '24

Business Segments · Interest Expense

Construction And Forestry — Interest Expense

Deere & Company Construction And Forestry — Interest Expense remained flat by 0.0% to $51.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 20.7%, from $42.25M to $51.00M. Over 3 years (FY 2021 to FY 2024), Construction And Forestry — Interest Expense shows an upward trend with a 64.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryLeverage

SignalLower is better

VolatilityModerate

First reportedQ1 2016

Last reportedQ4 2024Dec 12, 2024

Rolls up toInterest Expense

How to read this metric

An increase in interest expense may indicate higher debt levels or rising interest rates impacting the segment's capital structure, while a decrease suggests deleveraging or more favorable financing terms. Persistent increases relative to operating income may signal tightening margins and reduced financial flexibility for the segment.

Detailed definition

This metric represents the total interest costs incurred by the Construction and Forestry segment related to its specifi...

Peer comparison

Peers in the heavy machinery and industrial equipment sector typically report segment-level interest expenses as part of their segment profit reconciliation, often influenced by internal transfer pricing and corporate treasury allocation policies.

Metric ID: de_segment_construction_and_forestry_interest_expense

Historical Data

4 years

	FY'21	FY'22	FY'23	FY'24
Value	$46.00M	$72.00M	$169.00M	$204.00M
YoY Change	—	+56.5%	+134.7%	+20.7%

Range$46.00M – $204.00M

CAGR+64.3%

Avg YoY Growth+70.7%

Median YoY Growth+56.5%

Current Streak3+ years growth

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Frequently Asked Questions

What is Deere & Company's construction and forestry — interest expense?: Deere & Company (DE) reported construction and forestry — interest expense of $51.00M in Q3 2024.
How has Deere & Company's construction and forestry — interest expense changed year-over-year?: Deere & Company's construction and forestry — interest expense increased by 20.7% year-over-year, from $42.25M to $51.00M.
What is the long-term trend for Deere & Company's construction and forestry — interest expense?: Over 3 years (2021 to 2024), Deere & Company's construction and forestry — interest expense has grown at a 64.3% compound annual growth rate (CAGR), from $46.00M to $204.00M.
What does construction and forestry — interest expense mean?: The total interest costs associated with the debt and financing activities of the Construction and Forestry business segment.