JOHN DEERE SAS : revenue, balance sheet and financial ratios

JOHN DEERE SAS is a French company founded 64 years ago, specialized in the sector Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules. Based in FLEURY-LES-AUBRAIS (45400), this company of category ETI shows in 2024 a revenue of 670.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - JOHN DEERE SAS (SIREN 086280393)
Indicator 2024 2023 2022 2021 2020 2019 2018 2016
Revenue 670 744 000 € 1 247 122 083 € 1 893 619 606 € 1 577 073 889 € 1 401 361 000 € 1 495 694 000 € 1 297 775 000 € 1 130 766 000 €
Net income 22 893 000 € 55 507 822 € 34 164 189 € 46 178 142 € 10 534 000 € 25 547 000 € 36 724 000 € 15 754 000 €
EBITDA 27 310 000 € 50 143 975 € 95 287 683 € 88 413 143 € 81 491 000 € 71 727 000 € 81 258 000 € 39 535 000 €
Net margin 3.4% 4.5% 1.8% 2.9% 0.8% 1.7% 2.8% 1.4%

Revenue and income statement

In 2024, JOHN DEERE SAS achieves revenue of 670.7 M€. Revenue is declining over the period 2016-2024 (CAGR: -6.3%). Significant drop of -46% vs 2023. After deducting consumption (419.1 M€), gross margin stands at 251.6 M€, i.e. a rate of 38%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 27.3 M€, representing 4.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 22.9 M€, i.e. 3.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

670 744 000 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

251 602 000 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

27 310 000 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

26 405 000 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

22 893 000 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.1%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 14%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

13.56%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

37.598%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

2.099%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.97

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

17.2%

Solvency indicators evolution
JOHN DEERE SAS

Sector positioning

Debt ratio
13.56 2024
2022
2023
2024
Q1: 0.0
Med: 16.45
Q3: 44.43
Good

In 2024, the debt ratio of JOHN DEERE SAS (13.56) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
37.6% 2024
2022
2023
2024
Q1: 7.07%
Med: 40.68%
Q3: 49.34%
Average +8 pts over 3 years

In 2024, the financial autonomy of JOHN DEERE SAS (37.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.97 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.46 years
Average

In 2024, the repayment capacity of JOHN DEERE SAS (0.97) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 175.29. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 4.2x. Financial charges are adequately covered by operations.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

175.288

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

4.211

Liquidity indicators evolution
JOHN DEERE SAS

Sector positioning

Liquidity ratio
175.29 2024
2022
2023
2024
Q1: 102.65
Med: 183.68
Q3: 303.58
Average

In 2024, the liquidity ratio of JOHN DEERE SAS (175.29) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
4.21x 2024
2022
2023
2024
Q1: -14.6x
Med: 0.21x
Q3: 4.45x
Good

In 2024, the interest coverage of JOHN DEERE SAS (4.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 38 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. Favorable situation: supplier credit is longer than customer credit by 13 days. Inventory turnover is 45 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 70 days of revenue, i.e. 130.7 M€ to permanently finance. Notable WCR improvement over the period (-22%), freeing up cash.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

130 728 006 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

38 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

51 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

45 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

70 j

WCR and payment terms evolution
JOHN DEERE SAS

Positioning of JOHN DEERE SAS in its sector

Comparison with sector Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 26 904 241€ to 119 806 371€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
26904k€ 58206k€ 119806k€
58 206 226 € Range: 26 904 241€ - 119 806 371€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 37 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules)

Compare JOHN DEERE SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules

Frequently asked questions about JOHN DEERE SAS

What is the revenue of JOHN DEERE SAS ?

The revenue of JOHN DEERE SAS in 2024 is 670.7 M€.

Is JOHN DEERE SAS profitable?

Yes, JOHN DEERE SAS generated a net profit of 22.9 M€ in 2024.

Where is the headquarters of JOHN DEERE SAS ?

The headquarters of JOHN DEERE SAS is located in FLEURY-LES-AUBRAIS (45400), in the department Loiret.

Where to find the tax return of JOHN DEERE SAS ?

The tax return of JOHN DEERE SAS is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does JOHN DEERE SAS operate?

JOHN DEERE SAS operates in the sector Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules (NAF code 28.11Z). See the 'Sector positioning' section above to compare the company with its competitors.