AGCO Corp (AGCO)
AGCO Corporation manufactures and distributes agricultural equipment and 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 systems; 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 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, including 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, Massey Ferguson, PTx, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.
- Symbol
- AGCO
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Farm & Heavy Construction Machinery
- Market cap
- $8.52B
- 52 week range
- 98.22 - 143.78
Valuation
- Share price
- $121.68 (close of 2026-09-23)
- P/E (TTM)
- 16.81x
- Price to book
- 2.09x
- Price to free cash flow
- 25.79x
- Enterprise value
- $10.78B
- Book value per share
- $58.29
Price performance
| Period | Change |
|---|
| 1 day | +1.48% |
| 5 days | -1.70% |
| 1 month | +13.92% |
| 3 months | +9.40% |
| 6 months | +6.63% |
| Year to date | +16.64% |
| 1 year | +10.95% |
| 3 years | +4.83% |
| 5 years | -4.73% |
| 10 years | +154.45% |
| All time | +2505.57% |
Profitability and growth
- Return on equity
- 17.00%
- Return on invested capital
- 9.97%
- Return on assets
- 6.09%
- Return on capital employed
- 7.27%
- Gross margin
- 25.46%
- Net margin
- 7.21%
- EBITDA margin
- 8.45%
- Revenue growth
- -13.55%
- Net income growth
- 271.02%
- Free cash flow growth
- 149.56%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 3.88%
- Current ratio
- 1.32x
- Net debt to EBITDA
- 2.04x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $10.08B
- Cost of revenue
- $7.52B
- Gross profit
- $2.57B
- EBITDA
- $852.20M
- Net income
- $726.50M
- Earnings per share
- $9.76
- Research and development
- $374.50M
- Interest expense
- $123.00M
- Shares outstanding
- 74.40M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $10.08B | $2.57B | $726.50M | $9.76 |
| 2024-12-31 | $11.66B | $2.90B | $-424.80M | $-5.69 |
| 2023-12-31 | $14.41B | $3.78B | $1.17B | $15.66 |
| 2022-12-31 | $12.65B | $3.00B | $889.60M | $11.92 |
| 2021-12-31 | $11.14B | $2.57B | $897.00M | $11.93 |
| 2020-12-31 | $9.15B | $2.06B | $427.10M | $5.69 |
| 2019-12-31 | $9.04B | $1.98B | $125.20M | $1.64 |
| 2018-12-31 | $9.35B | $2.00B | $285.50M | $3.62 |
| 2017-12-31 | $8.31B | $1.77B | $186.40M | $2.34 |
| 2016-12-31 | $7.41B | $1.52B | $160.10M | $1.97 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 25.46% | 7.21% | 17.00% | 9.97% |
| 2024-12-31 | 24.86% | -3.64% | -11.35% | -2.07% |
| 2023-12-31 | 26.21% | 8.13% | 25.15% | 26.31% |
| 2022-12-31 | 23.72% | 7.03% | 22.91% | 20.70% |
| 2021-12-31 | 23.09% | 8.05% | 26.05% | 21.59% |
| 2020-12-31 | 22.49% | 4.67% | 14.15% | 11.25% |
| 2019-12-31 | 21.95% | 1.38% | 4.31% | 4.49% |
| 2018-12-31 | 21.35% | 3.05% | 9.54% | 9.42% |
| 2017-12-31 | 21.25% | 2.24% | 6.02% | 6.10% |
| 2016-12-31 | 20.45% | 2.16% | 5.64% | 4.75% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $861.80M | $2.32B |
| 2024-12-31 | $612.70M | $2.23B |
| 2023-12-31 | $595.50M | $1.38B |
| 2022-12-31 | $789.50M | $1.26B |
| 2021-12-31 | $889.10M | $1.41B |
| 2020-12-31 | $1.12B | $1.26B |
| 2019-12-31 | $432.80M | $1.19B |
| 2018-12-31 | $326.10M | $1.28B |
| 2017-12-31 | $367.70M | $1.62B |
| 2016-12-31 | $429.70M | $1.61B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $740.20M | $28.40M |
| 2024-12-31 | $296.60M | $18.40M |
| 2023-12-31 | $585.00M | $46.40M |
| 2022-12-31 | $449.90M | $34.00M |
| 2021-12-31 | $390.40M | $27.40M |
| 2020-12-31 | $626.60M | $37.60M |
| 2019-12-31 | $422.50M | $41.30M |
| 2018-12-31 | $392.60M | $46.30M |
| 2017-12-31 | $373.70M | $38.20M |
| 2016-12-31 | $168.50M | $18.10M |
Dividend history
- Most recent payment
- 2026-08-14
- Paid in the last twelve months
- $1.18
| Payment date | Dividend per share |
|---|
| 2026-08-14 | $0.30 |
| 2026-05-15 | $0.30 |
| 2026-02-13 | $0.29 |
| 2025-11-14 | $0.29 |
| 2025-08-15 | $0.29 |
| 2025-05-15 | $0.29 |
| 2025-02-14 | $0.29 |
| 2024-11-15 | $0.29 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-30
- Consensus EPS estimate
- $0.88
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-30 | Jun/2026 | $1.54 |
| 2026-05-05 | - | - |
| 2026-02-05 | - | - |
| 2025-10-31 | - | - |
| 2025-07-31 | - | - |
| 2025-07-28 | - | - |
| 2025-05-01 | - | - |
| 2025-04-30 | - | - |
Filings and sources
- Company website
- agcocorp.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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