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Managing a Capital-Goods Cycle
Deere’s Sales, Dealer Inventory & Finance
Use Deere’s 2024 filing to understand cyclical revenue, production discipline, dealer inventory, captive finance and cash flow. Fiscal year ended October 27, 2024, compared with fiscal 2023; USD millions unless stated. Deere’s 2024 Form 10-K and annual results release were cross-checked. Wholesale and retail indicators use company definitions; classroom sensitivities are not forecasts.
What you will learn
- Measure cyclical revenue and profit changes.
- Separate equipment operations from financial services.
- Explain wholesale, retail and dealer-inventory signals.
- Calculate margins and working-capital effects.
- Build a cycle-management decision.