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AGCO Corporation

AGCO Corporation

NYSE•AGCO
CEO: Mr. Eric P. Hansotia
Sector: Industrials
Industry: Agricultural - Machinery
Listing Date: 1992-04-16
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses. The company also provides grain storage bins and related drying and handling equipment systems; seed-processing systems; swine and poultry feed storage and delivery; ventilation and watering systems; and egg production systems and broiler production equipment. In addition, it offers round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in the beef cattle, dairy, horse, and renewable fuel industries. Further, the company provides implements, including disc harrows leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators that prepare smooth seed bed and destroy weeds; drills for small grain seeding; planters and other planting equipment; and loaders. Additionally, it offers combines for harvesting grain crops, such as corn, wheat, soybeans, and rice; and application equipment, such as self-propelled, three- and four-wheeled vehicles, and related equipment for liquid and dry fertilizers and crop protection chemicals, and for after crops emerge from the ground, as well as produces diesel engines, gears, and generating sets. The company markets its products under the Fendt, GSI, Massey Ferguson, Precision Planting, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.
Contact Information
4205 River Green Parkway, Duluth, GA, 30096-2568, United States
770-813-9200
www.agcocorp.com
Market Cap
$7.70B
P/E (TTM)
77.3
26.3
Dividend Yield
1.1%
52W High
$121.16
52W Low
$73.79
52W Range
62%
4.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q2 2025 Data

Revenue

$2.64B-18.84%
4-Quarter Trend

EPS

$4.22-185.77%
4-Quarter Trend

FCF

$323.50M+135.27%
4-Quarter Trend

2025 Q4 Earnings Highlights

Key Highlights

Quarterly Net Income Surge Q3 2025 Net Income attributable to AGCO was $305.7M, compared to $30.0M in 2024, showing significant profitability recovery.
Nine Month Profit Reversal Nine months net income attributable to AGCO reached $631.0M, reversing prior year's $(169.1)M loss on strong performance.
Operations Income Strong Nine months Income from Operations improved substantially to $365.0M, up from $146.7M in the prior comparable period.
Total Assets Growth Total assets grew to $12,466.9M by September 30, 2025, up from $11,190.6M at December 31, 2024.

Risk Factors

Global Demand Moderation Expected Global farm equipment demand expected moderately lower in 2025 compared to 2024 results, impacting expected sales volumes.
Tariff Uncertainty Impacts Costs Ongoing U.S. trade policy and tariff uncertainty creates risks impacting input costs and international marketplace access for exports.
Significant Debt Load Total long-term indebtedness stood at $2,734.4M as of September 30, 2025, subject to restrictive covenants and payment obligations.
Supplier Dependency Risks Dependence on suppliers for components and raw materials poses risk to timely, efficient manufacturing and sales operations.

Outlook

2025 Sales Volume Forecast Expect moderate net sales decrease in 2025 versus 2024, driven by lower sales volumes partially offset by pricing gains.
New Share Repurchase Program Board authorized a new $1.0B share repurchase program; plans to initiate $300M in Q4 2025 utilizing TAFE sale proceeds.
TAFE Investment Sale Gain Completed sale of TAFE interest for $260M, recording a $251.9M gain in Other expense (income), net during the period.
Margin Pressure Expected Operating margins will reflect lower net sales and production volumes, partially offset by increased cost controls initiatives.

Peer Comparison

Revenue (TTM)

American Airlines Group Inc.AAL
$54.29B
+1.3%
Oshkosh CorporationOSK
$10.33B
-2.5%
AGCO CorporationAGCO
$10.17B
-24.3%

Gross Margin (Latest Quarter)

Saia, Inc.SAIA
92.9%
+73.3 pp
Zurn Elkay Water Solutions CorporationZWS
44.1%
-2.1 pp
SPX Technologies, Inc.SPXC
40.4%
-0.5 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SPXC$10.47B48.313.7%14.5%
GTLS$8.97B128.52.3%37.3%
AAL$8.67B14.4-14.8%58.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+0.5%
Moderate Growth
4Q Net Income CAGR
+118.9%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q4 2025

    Period End: Sep 30, 2025|Filed: Oct 31, 2025|Refer to amended data
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 31, 2025|
    Revenue: $2.64B-18.8%
    |
    EPS: $4.22-185.8%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 1, 2025|
    Revenue: $2.05B-30.0%
    |
    EPS: $0.14-93.8%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 24, 2025|
    Revenue: $11.66B-19.1%
    |
    EPS: $-5.69-136.3%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 7, 2024|
    Revenue: $2.60B-24.8%
    |
    EPS: $0.40-89.3%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 8, 2024|
    Revenue: $3.25B-15.1%
    |
    EPS: $-4.92-215.5%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 3, 2024|
    Revenue: $2.93B-12.1%
    |
    EPS: $2.25-27.7%
    Meet
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 27, 2024|
    Revenue: $14.41B+13.9%
    |
    EPS: $15.66+31.4%
    Meet