• Deere average ebit margin for 2024 was 25.13%, a 7.85% decline from 2023.
• Deere average ebit margin for 2023 was 23.3%, a 25.74% increase from 2022.
• Deere average ebit margin for 2022 was 18.53%, a 0.87% increase from 2021.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues