Agco Corp /DeAGCO

NYSEIndustrialsFarm Machinery & Equipment
Price (close)
$118.02
Market cap
$8.3B
P/E
15.5x
Revenue (TTM)
$10.3B
Net income
$533.4M
Dividend yield
1.00%
1-year total return
10.4%
Net margin
5.2%
Revenue growth
1.7%
Debt / equity
0.67x

What Agco Corp /De does.

AGCO Corporation was incorporated in Delaware in 1991. Unless otherwise indicated, all references in this Form 10-K to “AGCO,” “we,” “us” or the “Company” include AGCO Corporation and its subsidiaries.

AGCO is a global leader in agricultural machinery and precision agriculture technologies. Driven by a Farmer-First strategy, AGCO delivers value through its differentiated leading brands, Fendt ™ , Massey Ferguson ™ , PTx ™ and Valtra ™ . AGCO’s high-performance equipment and smart farming solutions, including brand-agnostic retrofit technologies and autonomous offerings, empower farmers to drive productivity while sustainably feeding the world. We distribute most of our products through approximately 2,800 independent dealers and distributors in approximately 140 countries. We also provide retail and wholesale financing through our finance joint ventures with Coöperatieve Rabobank U.A., which, together with its affiliates, we refer to as “Rabobank.” In 2024, we fundamentally shifted our portfolio through the PTx Trimble joint venture and the divestiture of the majority of our Grain & Protein (“G&P”) business.

The following table sets forth a description of the Company’s more significant products and their percentage of net sales:

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$9.1B$11.1B$12.7B$14.4B$11.7B$10.1B
Net income$427.1M$897.0M$889.6M$1.2B-$424.8M$726.5M
Free cash flow$626.6M$390.4M$449.9M$585.0M$296.6M$740.2M

More on AGCO.

Figures from Agco Corp /De's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.