• Deere average ebitda margin for 2024 was 28.79%, a 8.27% decline from 2023.
• Deere average ebitda margin for 2023 was 26.59%, a 17.65% increase from 2022.
• Deere average ebitda margin for 2022 was 22.6%, a 3.83% increase from 2021.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.