Data source: Their 2022 annual report

Tools used: SankeyArt (I am developing this tool)

Yet their employees had to strike

Didn't know. For more pay?

That , but mostly John Deere wanted to remove the pension for new hires. The old guard stood up and say no partially because they were screwed by the previous old guard in reduced pensions.

Seeing that they netted 7 billion, it appears the workers were right

Old guard fighting for new hires. Nice.

Wonder how much of that profit is from their proprietary accessories, parts and service schemes.

Cool presentation, garbage company that treats farmers so poorly it’s insane though.

Thanks! How do they treat farmers? Farmers are their customers so they should be their kings 🤌

Haven’t looked for that in their annual report.

How much % do you think it is roughly?

You know how you can't replace anything broken on your iPhone anywhere unless it's through an Apple store and it's performed by an Apple tech and costs an arm and a leg? John Deere does the same thing.

What used to be simple / or more basic maintenance work that a farmer could perform on their own is now not possible due to programming and must be performed by the dealership. This is an expense small farms can't take on and have been fighting for quite a while now.

U.S. Congress has been playing around with "right to repair" bills for years now; I believe on was just passed recently in regards to Deere, but it wasn't enough.

Oh wow, that sucks! Are they mostly selling yearly maintenance contracts or is it pay as you have an incidence?

Nope! They just put the diagnostic equipment behind programming paywalls that's only accessible to JD techs. Even if you could diagnose the problem without hooking to the machine electronically, you wouldn't be able to reprogram or finalize the fix once it was completed.

All of this was to make sure John Deere made the money on repairs using their techs and their parts. My company uses older series JD tractors (80's and 90's) and they are very easy to work on and not very electronic component heavy. A fuel pump goes out, we know what that looks like and we just fix it ourselves. Something simple like this might cost me $2,000 to do on my own but would cost $5,000 to have done by the dealership (these aren't real numbers of course).

Wow... that just sounds like a stupid business practice that disgruntles their customers.

You lose your phone for a few days it's inconvenient but not a big deal.
You can't use a tractor for days to potentially weeks at a time and you can end up losing an entire crop field, that's the type of stuff that can literally lead to bankruptcy.

You don't own a JD tractor but "the vehicle owner receives an implied license for the life of the vehicle to operate the vehicle, subject to any warranty limitations, disclaimers or other contractual limitations in the sales contract or documentation"

https://copyright.gov/1201/2015/comments-032715/class%2021/John_Deere_Class21_1201_2014.pdf

Where do their residential tractors fit in? I figured they were a small part but they are probably what is most recognizable about the company.

Also I've heard some some grumbling from farmers about not being able to do basic repairs themselves and service contracts being kindof forced on them as subscription services. Would that fall under financial products?

They're taking advantage of their market dominance, but it's certainly a risky play that has lost them tons of goodwill.

And anti union. Exploit cheap labor. Amerikkka.

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Is there one for CAT?? Couldn’t find one using the search bar

Not yet, but I‘ll create one for you, Mr. Chupacabras. Are they releasing earnings soon?

Thanks!! I have no idea when they are releasing but will try to have an answer for you.

Edit: They reported Q4 earnings already.

What does that have to do with it?

"Amerikkka"????

It should be Gross income not profit.

I wish this showed margins on each product channel.

Cool! What do you call this kind of depiction?

Dunno, but it's killing farmers used to working on their stuff on the cheap. Now they have to pay for service from a guy with a laptop

Where's the line item for fucking up right to repair and charging farmers with broken equipment exorbitant fees while their crops rot?

Thanks, great tool.

Yeah, how much is just in software licenses? It's kind of nuts.

It’s has to do with stolen surplus value. All value is produced by workers. John Deere exploits workers. Anti union. Bad for labor. Abusive. Profit stealing

Hm, interesting

Fun fact: they even make off-road UTVs

Nope. Gross income would be "revenue", one to the left.

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This is a Sankey diagram of an income statement

2B$ to research new ways of fucking over farmers

Cost of sales? Or wine and dine?

Well... How John Deere makes 75% of its money I guess. Not really sure what "other" would be.

The service schemes would be under "financial products.". Accessories and parts would go under the categories of the vehicles they are accessories and parts for. Toys and clothes would be under "other."

Plz show Sankey source / template in Python for this diagram 🙄

It’s created with SankeyArt, a web app I develop.

Yea , bat can you show source code from sankey diagram ?

You mean the flows I defined in the Spreadsheet? Sure, I could share these. Or do you mean something different sandpit mentioned Python?

Yea , I mean Python sankey diagram source 🫣

There is no Python source code. The Sankey diagram is created with the SankeyArt web application. Its front end is mainly JavaScript, not Python.

They replaced the 'c' in America with the KKK. Because that's at all relevant to John Deere.

Where do you get the data on what services and sales consist of revenue ?

It’s in the official earnings report