AGCO (AGCO)

NYSE Industrials Agricultural & Farm Machinery S&P MidCap 400

$110.44

+0.22 (+0.20%)

Close of Nov 06, 2026 · end-of-day data

Source: AGCO's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$7.41B	$8.31B	$9.35B	$9.04B	$9.15B	$11.14B	$12.65B	$14.41B	$11.66B	$10.08B
Cost of revenue	$5.89B	$6.54B	$7.36B	$7.06B	$7.09B	$8.57B	$9.65B	$10.63B	$8.76B	$7.52B
Gross profit	$1.52B	$1.77B	$2.00B	$1.98B	$2.06B	$2.57B	$3.00B	$3.78B	$2.90B	$2.57B
Research & development	$297.60M	$323.40M	$355.20M	$343.40M	$342.60M	$272.90M	$315.40M	$420.90M	$381.30M	$374.50M
Selling, general & admin	$864.60M	$964.70M	$1.07B	$1.04B	$1.00B	$1.09B	$1.19B	$1.45B	$1.40B	$1.31B
Operating income	$287.00M	$404.40M	$489.00M	$348.10M	$599.70M	$1.00B	$1.27B	$1.70B	-$122.10M	$595.70M
Interest expense	$65.40M	$54.50M	$61.90M	$28.80M	$24.90M	$25.40M	$46.00M	$68.80M	—	—
Pre-tax income	$204.90M	$283.80M	$360.30M	$261.10M	$562.00M	$944.30M	$1.11B	$1.33B	-$433.60M	$602.00M
Income tax	$92.20M	$133.60M	$110.90M	$180.80M	$187.70M	$108.40M	$296.60M	$230.40M	$98.40M	-$77.40M
Net income	$160.10M	$186.40M	$285.50M	$125.20M	$427.10M	$897.00M	$889.60M	$1.17B	-$424.80M	$726.50M
EBITDA	$510.40M	$627.20M	$714.20M	$559.00M	$812.20M	$1.22B	$1.47B	$1.93B	$129.10M	$852.20M
EPS (basic)	$1.97	$2.34	$3.62	$1.64	$5.69	$11.93	$11.92	$15.66	$-5.69	$9.76
EPS (diluted)	$1.96	$2.32	$3.58	$1.63	$5.65	$11.85	$11.87	$15.63	$-5.69	$9.75
Diluted shares	81.70M	80.20M	79.70M	77.00M	75.60M	75.70M	74.90M	74.90M	74.70M	74.50M
Gross margin	20.5%	21.3%	21.4%	21.9%	22.5%	23.1%	23.7%	26.2%	24.9%	25.5%
Operating margin	3.9%	4.9%	5.2%	3.9%	6.6%	9.0%	10.0%	11.8%	-1.0%	5.9%
Net margin	2.2%	2.2%	3.1%	1.4%	4.7%	8.1%	7.0%	8.1%	-3.6%	7.2%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$429.70M	$367.70M	$326.10M	$432.80M	$1.12B	$889.10M	$789.50M	$595.50M	$612.70M	$861.80M
Inventory	$1.51B	$1.87B	$1.91B	$2.08B	$1.97B	$2.59B	$3.19B	$3.44B	$2.73B	$2.71B
Total current assets	$3.17B	$3.63B	$3.54B	$3.73B	$4.37B	$5.01B	$5.74B	$6.34B	$5.14B	$5.20B
Goodwill	$1.38B	$1.54B	$1.50B	$1.30B	$1.31B	$1.28B	$1.31B	$1.33B	$1.82B	$1.90B
Total assets	$7.17B	$7.97B	$7.63B	$7.76B	$8.50B	$9.18B	$10.10B	$11.42B	$11.19B	$11.93B
Total current liabilities	$2.14B	$2.65B	$2.77B	$2.88B	$3.36B	$3.45B	$4.09B	$4.34B	$3.83B	$3.73B
Short-term debt	$85.40M	$95.40M	$72.60M	$2.90M	$325.90M	$2.10M	$196.00M	$15.00M	$415.20M	$117.70M
Long-term debt	$1.61B	$1.62B	$1.28B	$1.19B	$1.26B	$1.41B	$1.26B	$1.38B	$2.23B	$2.32B
Total debt	$1.70B	$1.71B	$1.35B	$1.19B	$1.58B	$1.41B	$1.46B	$1.39B	$2.65B	$2.44B
Total liabilities	$4.33B	$4.88B	$4.63B	$4.85B	$5.49B	$5.74B	$6.22B	$6.76B	$7.15B	$7.36B
Shareholders' equity	$2.78B	$3.03B	$2.93B	$2.85B	$2.98B	$3.42B	$3.88B	$4.66B	$3.74B	$4.27B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$369.50M	$577.60M	$595.90M	$695.90M	$896.50M	$660.20M	$838.20M	$1.10B	$689.90M	$988.10M
Capital expenditures	$201.00M	$203.90M	$203.30M	$273.40M	$269.90M	$269.80M	$388.30M	$518.10M	$393.30M	$247.90M
Free cash flow	$168.50M	$373.70M	$392.60M	$422.50M	$626.60M	$390.40M	$449.90M	$585.00M	$296.60M	$740.20M
Investing cash flow	-$598.30M	-$493.70M	-$205.50M	-$271.60M	-$241.70M	-$288.40M	-$496.80M	-$545.70M	-$1.65B	-$28.30M
Financing cash flow	$236.40M	-$176.70M	-$413.30M	-$313.40M	$22.70M	-$539.50M	-$407.00M	-$671.70M	$1.05B	-$729.20M
Dividends paid	$42.50M	$44.50M	$47.10M	$48.00M	$48.00M	$358.50M	$404.30M	$457.40M	$273.10M	$86.50M
Share buybacks	$212.50M	$0	$184.30M	$130.00M	$55.00M	$135.00M	$0	$53.00M	$22.00M	$250.00M
Stock-based compensation	$18.10M	$38.20M	$46.30M	$41.30M	$37.60M	$27.40M	$34.00M	$46.40M	$18.40M	$28.40M
Depreciation & amortization	$223.40M	$222.80M	$225.20M	$210.90M	$212.50M	$220.70M	$209.50M	$230.40M	$251.20M	$256.50M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$3.80B	$2.93B	$3.25B	$2.60B	$2.89B	$2.05B	$2.63B	$2.48B	$2.92B	$2.34B	$2.61B	$2.26B
Cost of revenue	$2.82B	$2.16B	$2.41B	$2.00B	$2.20B	$1.53B	$1.98B	$1.83B	$2.18B	$1.76B	$1.96B	$1.70B
Gross profit	$982.80M	$769.80M	$837.50M	$603.10M	$688.70M	$520.60M	$658.60M	$646.50M	$741.10M	$581.40M	$645.90M	$565.40M
Research & development	$22.90M	—	—	—	—	—	—	—	—	—	—	—
Selling, general & admin	$416.80M	$350.40M	$379.80M	$344.30M	$323.20M	$325.80M	$326.40M	$340.80M	$316.30M	$339.10M	$335.70M	$303.80M
Operating income	$393.10M	$273.60M	-$241.70M	$114.80M	-$268.80M	$49.40M	$164.00M	$151.60M	$230.70M	$80.70M	$140.70M	$116.10M
Pre-tax income	$250.60M	$220.90M	-$336.90M	$28.60M	-$346.20M	-$1.40M	$97.30M	$344.50M	$161.60M	$39.00M	$108.20M	$68.10M
Income tax	-$76.10M	$69.10M	$41.60M	$11.90M	-$24.20M	$2.00M	-$205.50M	$48.80M	$77.30M	$4.60M	$40.40M	$25.20M
Net income	$339.00M	$168.00M	-$367.10M	$30.00M	-$255.70M	$10.50M	$314.80M	$305.70M	$95.50M	$55.00M	$77.20M	$51.70M
EBITDA	$454.60M	$336.90M	-$176.50M	$175.70M	-$207.00M	$109.90M	$228.10M	$214.30M	$299.90M	$147.40M	$207.80M	$181.20M
EPS (basic)	$4.55	$2.25	$-4.92	$0.40	$-3.42	$0.14	$4.22	$4.10	$1.30	$0.76	$1.08	$0.75
EPS (diluted)	$4.53	$2.25	$-4.92	$0.40	$-3.42	$0.14	$4.22	$4.09	$1.30	$0.76	$1.08	$0.75
Diluted shares	-100.00K	74.70M	74.70M	74.70M	0	74.70M	74.60M	74.70M	-200.00K	72.70M	71.20M	69.50M
Gross margin	25.9%	26.3%	25.8%	23.2%	23.9%	25.4%	25.0%	26.1%	25.4%	24.8%	24.7%	25.0%
Operating margin	10.3%	9.3%	-7.4%	4.4%	-9.3%	2.4%	6.2%	6.1%	7.9%	3.4%	5.4%	5.1%
Net margin	8.9%	5.7%	-11.3%	1.2%	-8.9%	0.5%	11.9%	12.3%	3.3%	2.3%	3.0%	2.3%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$595.50M	$2.46B	$657.30M	$622.60M	$612.70M	$562.60M	$783.90M	$884.10M	$861.80M	$514.90M	$573.40M	$415.10M
Inventory	$3.44B	$3.78B	$3.50B	$3.44B	$2.73B	$2.96B	$3.10B	$3.08B	$2.71B	$3.00B	$3.01B	$3.00B
Total current assets	$6.34B	$8.37B	$6.64B	$6.54B	$5.14B	$5.29B	$5.63B	$5.72B	$5.20B	$5.34B	$5.34B	$5.19B
Goodwill	$1.33B	$1.33B	$2.41B	$2.36B	$1.82B	$1.84B	$1.90B	$1.90B	$1.90B	$1.89B	$1.88B	$1.88B
Total assets	$11.42B	$13.46B	$13.61B	$13.51B	$11.19B	$11.48B	$12.31B	$12.47B	$11.93B	$12.04B	$11.88B	$11.75B
Total current liabilities	$4.34B	$4.21B	$4.36B	$4.28B	$3.83B	$3.46B	$3.80B	$3.63B	$3.73B	$4.13B	$4.04B	$3.94B
Short-term debt	$15.00M	$300.40M	$320.20M	$412.30M	$415.20M	$182.10M	$207.90M	$109.20M	$117.70M	$555.50M	$546.70M	$536.10M
Long-term debt	$1.38B	$3.43B	$3.60B	$3.61B	$2.23B	$2.76B	$2.76B	$2.73B	$2.32B	$2.02B	$2.18B	$2.14B
Total debt	$1.39B	$3.73B	$3.92B	$4.02B	$2.65B	$2.94B	$2.96B	$2.84B	$2.44B	$2.57B	$2.73B	$2.68B
Total liabilities	$6.76B	$8.70B	$9.06B	$9.02B	$7.15B	$7.37B	$7.84B	$7.67B	$7.36B	$7.45B	$7.51B	$7.39B
Shareholders' equity	$4.66B	$4.76B	$4.05B	$4.15B	$3.74B	$3.81B	$4.17B	$4.49B	$4.27B	$4.30B	$4.08B	$4.07B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$900.40M	-$370.00M	$235.50M	$26.50M	$797.90M	-$212.20M	$365.70M	$71.00M	$763.60M	-$410.40M	$165.40M	$26.60M
Capital expenditures	$160.40M	$95.00M	$98.00M	$86.30M	$114.00M	$48.20M	$42.20M	$68.90M	$88.60M	$44.60M	$57.20M	$60.40M
Free cash flow	$740.00M	-$465.00M	$137.50M	-$59.80M	$683.90M	-$260.40M	$323.50M	$2.10M	$675.00M	-$455.00M	$108.20M	-$33.80M
Investing cash flow	-$167.00M	-$94.80M	-$2.00B	-$87.30M	$531.10M	-$51.30M	-$56.80M	$189.30M	-$109.50M	-$65.60M	$102.30M	-$60.90M
Financing cash flow	-$782.90M	$2.34B	-$1.60M	$15.90M	-$1.31B	$205.20M	-$107.10M	-$150.80M	-$676.50M	$130.10M	-$205.70M	-$123.00M
Dividends paid	$21.60M	$21.60M	$208.30M	$21.60M	$21.60M	$21.60M	$21.70M	$21.60M	$21.60M	$21.00M	$21.00M	$20.70M
Share buybacks	—	—	—	—	—	—	—	$0	$250.00M	—	—	$56.70M
Stock-based compensation	$8.90M	$8.40M	$7.70M	$5.20M	-$2.90M	$7.30M	$10.60M	$7.10M	$3.40M	$10.40M	$17.50M	$6.70M
Depreciation & amortization	$61.50M	$63.30M	$65.20M	$60.90M	$61.80M	$60.50M	$64.10M	$62.70M	$69.20M	$66.70M	$67.10M	$65.10M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.