Deere & Co.; Finning International; Generac; Kubota Corp.

Nov. 28, 2021

Deere & Co., Moline, Ill., reported net income of $1.28 billion for the fiscal fourth quarter, compared with net income of $757 million for the 2020 fourth quarter. For fiscal year 2021, net income was $5.96 billion, compared with $2.75 billion in fiscal 2020.

Finning International, Vancouver, British Columbia, Canada, earned C$1.9 billion (US$1.5 billion) in revenue during the 2021 third quarter, a 23 percent increase compared to C$1.5 billion (US$1.2 billion) in 2020.

Generac Holdings, Waukesha, Wis., reported net sales of $943 million during the third quarter of 2021, a 34 percent increase compared to $701.4 million the year before. Net sales for the first nine months of 2021 was $2.7 billion compared to $1.7 billion.

Kubota Corp., Osaka, Japan, earned ¥540.2 million (US$4.7 million) in revenue during the 2021 third quarter compared to ¥472.6 million (US$4.1 million) the year before. Revenue for the first nine months of the year was ¥1.6 billion (US$13.9 million) compared to ¥1.4 billion (US$12.2 million) in the first nine months of 2020.

Don’t miss the latest news from the equipment and event rental industry. Click here to subscribe to Rental Pulse and Rental Management magazine.


An official publication of the American Rental Association.
Produced by Rental Management Group. Copyright © 2021 Rental Pulse all rights reserved