DE vs HPQ
Deere & Co. and HP Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DE | HPQ |
|---|---|---|
| Revenue | $45.7B | $55.3B |
| Net income | $5.0B | $2.5B |
| Gross margin | · | 20.6% |
| Net margin | 10.9% | 4.6% |
| Return on equity | 20.6% | · |
| Diluted EPS | $18.50 | $2.65 |
| Dividend / share | $6.48 | $1.16 |
| Payout ratio | 34.2% | 43.0% |
| Free cash flow | $6.1B | $2.8B |
| Equity | $25.9B | $-346.0M |
| Net debt / equity | 0.47× | · |
| Current ratio | · | 0.77× |
| Revenue CAGR 5y | 5.2% | −0.5% |
| Profit CAGR 5y | 12.8% | −2.1% |
HPQ bills 1.2× the revenue of DE, and DE keeps more of each dollar of revenue as profit (10.9% against 4.6%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | DE | HPQ |
|---|---|---|
| FY2025 | $45.7B | $55.3B |
| FY2024 | $51.7B | $53.6B |
| FY2023 | $61.3B | $53.7B |
| FY2022 | $52.6B | $62.9B |
| FY2021 | $44.0B | $63.5B |
| FY2020 | $35.5B | $56.6B |
| FY2019 | $39.3B | $58.8B |
| FY2018 | $37.4B | $58.5B |
| FY2017 | $29.7B | $52.1B |
| FY2016 | $26.6B | $48.2B |
Bottom line
| Fiscal year | DE | HPQ |
|---|---|---|
| FY2025 | $5.0B | $2.5B |
| FY2024 | $7.1B | $2.8B |
| FY2023 | $10.2B | $3.3B |
| FY2022 | $7.1B | $3.1B |
| FY2021 | $6.0B | $6.5B |
| FY2020 | $2.8B | $2.8B |
| FY2019 | $3.3B | $3.2B |
| FY2018 | $2.4B | $5.3B |
| FY2017 | $2.2B | $2.5B |
| FY2016 | $1.5B | $2.5B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$9,611,000,000 | HPQ |
| FY2024 | −$1,843,000,000 | HPQ |
| FY2023 | +$7,533,000,000 | DE |
| FY2022 | −$10,333,000,000 | HPQ |
| FY2021 | −$19,436,000,000 | HPQ |
| FY2020 | −$21,098,000,000 | HPQ |
| FY2019 | −$19,498,000,000 | HPQ |
| FY2018 | −$21,114,000,000 | HPQ |
| FY2017 | −$22,318,000,000 | HPQ |
| FY2016 | −$21,594,000,000 | HPQ |
| FY2015 | −$22,600,200,000 | HPQ |
| FY2014 | −$20,584,100,000 | HPQ |
| FY2013 | −$74,502,600,000 | HPQ |
| FY2012 | −$84,199,900,000 | HPQ |
| FY2011 | −$95,232,500,000 | HPQ |
| FY2010 | −$100,028,400,000 | HPQ |
| FY2009 | −$91,439,600,000 | HPQ |
| FY2008 | −$89,926,400,000 | HPQ |
| FY2007 | −$80,203,800,000 | HPQ |
The higher-revenue side has changed between DE and HPQ over this period. The gap has narrowed since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +6.4 pp | DE |
| FY2024 | +8.5 pp | DE |
| FY2023 | +10.5 pp | DE |
| FY2022 | +8.6 pp | DE |
| FY2021 | +3.2 pp | DE |
| FY2020 | +2.8 pp | DE |
| FY2019 | +2.9 pp | DE |
| FY2018 | −2.8 pp | HPQ |
| FY2017 | +2.4 pp | DE |
| FY2016 | +0.5 pp | DE |
| FY2015 | −2.1 pp | HPQ |
| FY2014 | −0.1 pp | HPQ |
| FY2013 | +4.8 pp | DE |
| FY2012 | +19.0 pp | DE |
| FY2011 | +3.2 pp | DE |
| FY2010 | +0.3 pp | DE |
| FY2009 | −3.0 pp | HPQ |
| FY2008 | +0.2 pp | DE |
| FY2007 | +0.6 pp | DE |
The higher net margin has changed hands between DE and HPQ over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HPQ's net margin has been more volatile than DE's over the 19 comparable fiscal years — 4.1 percentage points of standard deviation against 3.2.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between DE and HPQ over these 19 fiscal years — DE led in 15 and HPQ in 4.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HPQ's return on equity has been more volatile than DE's over the 9 comparable fiscal years — 19.2 percentage points of standard deviation against 9.1.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between DE and HPQ over these 9 fiscal years — DE led in 8 and HPQ in 1.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.