AGCO Corp

US · AGCO #1668 by market cap Listed 1970

109.15 -7.04 -6.06%

Live - 5344 symbols - heartbeat 67s ago · 2026-10-08 07:01

Pre-market 108.60 -0.50%

After-hours 109.15 0.00%

Market cap: 7.64B
P/E (TTM): 15.10
P/B: 1.87
EPS: 9.75
Div yield: 1.07%
52W pos: 25%

Reader sentiment Are you bullish or bearish on AGCO?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Fair

Altman Z-Score is 2.52, in the 1.8-3.0 "grey zone".
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year -13.55% YoY

Margins

Gross margin: 25.46%
Operating margin: 6.93%
Net margin: 7.21%

Key ratios & quality

Enterprise value: 9.22B
Altman Z-Score: 2.52

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	9.35B	9.04B	9.15B	11.14B	12.65B	14.41B	11.66B	10.08B
Gross profit	2.00B	1.98B	2.06B	2.57B	3.00B	3.78B	2.90B	2.57B
Selling & admin expenses	1.07B	1.04B	1.00B	1.09B	1.19B	1.45B	1.40B	1.31B
Research & development	355.20M	343.40M	342.60M	405.80M	444.20M	548.80M	493.00M	487.70M
Operating profit	507.40M	539.50M	653.90M	1.02B	1.31B	1.72B	927.40M	698.70M
Pretax profit	360.30M	261.10M	562.00M	944.30M	1.11B	1.33B	-433.60M	602.00M
Tax	110.90M	180.80M	187.70M	108.40M	296.60M	230.40M	98.40M	-77.40M
Net profit	283.70M	122.80M	419.80M	901.50M	874.70M	1.17B	-485.60M	719.00M
Basic EPS	4	2	6	12	12	16	-6	10
Diluted EPS	3.58	1.63	5.65	11.85	11.87	15.63	-5.69	9.75

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	2.05B	2.64B	2.48B	2.92B	2.34B	2.61B
Gross profit	520.60M	658.60M	646.50M	741.10M	581.40M	645.90M
Selling & admin expenses	325.80M	326.40M	340.80M	316.30M	339.10M	335.70M
Research & development	116.00M	117.80M	123.00M	130.90M	132.60M	141.20M
Operating profit	63.50M	198.70M	159.70M	276.80M	92.80M	151.90M
Pretax profit	-1.40M	97.30M	344.50M	161.60M	39.00M	108.20M
Tax	2.00M	-205.50M	48.80M	77.30M	4.60M	40.40M
Net profit	8.70M	314.40M	302.70M	93.20M	52.40M	74.80M
Basic EPS	0	4	4	1	1	1
Diluted EPS	0.14	4.22	4.09	1.30	0.76	1.08

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	3.54B	3.73B	4.37B	5.01B	5.74B	6.34B	5.14B	5.20B
Cash & ST investments	326.10M	429.60M	1.11B	882.20M	787.50M	595.00M	612.00M	861.10M
Inventory	1.91B	2.08B	1.97B	2.59B	3.19B	3.44B	2.73B	2.71B
Total assets	7.63B	7.76B	8.50B	9.18B	10.10B	11.42B	11.19B	11.93B
Total current liabilities	2.77B	2.88B	3.36B	3.45B	4.09B	4.34B	3.83B	3.73B
Short-term debt	210.60M	153.40M	359.70M	92.90M	196.00M	15.00M	415.20M	117.70M
Long-term debt	1.28B	1.19B	1.26B	1.41B	1.26B	1.38B	2.23B	2.32B
Total liabilities	4,632,900,000.00	4,852,700,000.00	5,486,200,000.00	5,738,300,000.00	6,221,100,000.00	6,764,400,000.00	7,147,700,000.00	7,355,100,000.00
Total equity	2.99B	2.91B	3.02B	3.44B	3.88B	4.66B	4.04B	4.57B
Retained earnings	4.48B	4.44B	4.76B	5.18B	5.65B	6.36B	5.65B	6.05B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	5.29B	5.63B	5.72B	5.20B	5.34B	5.34B
Cash & ST investments	562.60M	783.90M	884.10M	861.10M	514.90M	573.40M
Inventory	2.96B	3.10B	3.08B	2.71B	3.00B	3.01B
Total assets	11.48B	12.31B	12.47B	11.93B	12.04B	11.88B
Total current liabilities	3.46B	3.80B	3.63B	3.73B	4.13B	4.04B
Short-term debt	182.10M	207.90M	109.20M	117.70M	555.50M	546.70M
Long-term debt	2.76B	2.76B	2.73B	2.32B	2.02B	2.18B
Total liabilities	7,371,600,000.00	7,837,000,000.00	7,674,800,000.00	7,355,100,000.00	7,448,900,000.00	7,505,400,000.00
Total equity	4.11B	4.47B	4.79B	4.57B	4.59B	4.37B
Retained earnings	5.63B	5.92B	6.21B	6.05B	6.03B	5.80B

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	595.90M	695.90M	896.50M	660.20M	838.20M	1.10B	689.90M	988.10M
Depreciation & amortization	289.90M	272.00M	272.00M	281.80M	269.60M	288.10M	332.20M	327.60M
Free cash flow	392.60M	422.50M	626.60M	390.40M	449.90M	585.00M	296.60M	740.20M
Dividends paid	-47.10M	-48.00M	-48.00M	-358.50M	-404.30M	-457.40M	-273.10M	-86.50M
Stock buybacks / issuance	-184.30M	-130.00M	-55.00M	-135.00M	0	-53.00M	-22.00M	-250.00M
Ending cash balance	326.10M	432.80M	1.12B	889.10M	789.50M	595.50M	612.70M	861.80M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	-212.20M	365.70M	71.00M	763.60M	-410.40M	165.40M
Depreciation & amortization	75.80M	79.80M	85.70M	86.30M	83.60M	84.20M
Free cash flow	-260.40M	323.50M	2.10M	675.00M	-455.00M	108.20M
Dividends paid	-21.60M	-21.70M	-21.60M	-21.60M	-21.00M	-21.00M
Stock buybacks / issuance	--	--	--	--	--	--
Ending cash balance	562.60M	783.90M	884.10M	861.80M	514.90M	573.40M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	9.58	4.33	14.64	28.05	24.38	27.44	-10.11	18.13
ROA %	3.66	1.63	5.25	10.14	9.23	10.88	-3.76	6.29
ROIC %	7.07	3.20	9.64	18.51	17.12	20.17	-5.60	11.62
5-year avg ROE %	8.24	6.90	8.13	12.60	16.19	19.77	16.88	17.57
EBIT margin %	4.51	3.21	6.41	8.71	9.12	9.73	-2.35	7.19
FCF / sales %	4.20	4.67	6.85	3.51	3.56	4.06	2.54	7.34
Current ratio	1.28	1.29	1.30	1.45	1.40	1.46	1.34	1.39
Quick ratio	0.44	0.43	0.59	0.54	0.49	0.51	0.49	0.52
Debt / assets	19.48	19.25	20.49	17.64	15.70	13.37	24.81	21.49
LT debt / equity	43.48	46.97	46.40	44.69	35.81	32.46	63.08	57.22
Interest coverage	6.82	10.07	23.57	38.18	25.07	20.38	-1.72	5.89
Revenue CAGR (3Y) %	7.79	6.86	3.28	6.00	11.85	16.35	1.54	-7.29
Net income CAGR (3Y) %	2.33	-7.87	31.83	46.46	92.25	39.98	--	-6.53
FCF CAGR (3Y) %	7.87	35.86	18.80	-0.19	2.12	-2.26	-8.75	18.05

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	-13.60	2.42	8.69	18.13	19.02	12.93
ROA %	-4.67	0.77	2.89	6.29	6.56	4.41
ROIC %	-5.83	2.88	6.14	11.62	12.15	8.76
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	-4.45	-0.57	2.38	7.19	7.35	7.46
FCF / sales %	4.65	6.76	7.45	7.34	5.26	3.19
Current ratio	1.53	1.48	1.58	1.39	1.29	1.32
Quick ratio	0.52	0.52	0.58	0.52	0.43	0.45
Debt / assets	26.77	25.16	23.80	21.49	22.34	23.90
LT debt / equity	75.91	69.32	63.64	57.22	49.68	56.17
Interest coverage	-2.73	-0.35	1.65	5.89	6.37	6.49
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail

Tractors is the largest reported line at 63.95% of revenue, across 4 reported segments.
Replacement parts follows at 19.78%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

Tractors63.95%

Replacement parts19.78%

Combines, application equipment and other machinery16.27%

Quote time 2026-10-08 07:01:37 · For reference only, not investment advice and not tailored to your situation.