AGCO (AGCO) Financials

$94.34 -1.56 (-1.62%)

Closing price 03:59 PM Eastern

Extended Trading

$94.38 +0.03 (+0.03%)

As of 06:39 PM Eastern

Annual Income Statements for AGCO

This table shows AGCO's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	266	160	186	286	125	427	897	890	1,171	-425
Consolidated Net Income / (Loss)	264	160	189	284	123	420	902	875	1,171	-486
Net Income / (Loss) Continuing Operations	264	160	189	284	123	420	902	875	1,171	-486
Total Pre-Tax Income	279	205	284	360	261	562	944	1,107	1,334	-434
Total Operating Income	361	287	404	489	348	600	1,001	1,265	1,700	385
Total Gross Profit	1,561	1,512	1,761	1,990	1,979	2,043	2,572	3,001	3,777	2,899
Total Revenue	7,467	7,411	8,307	9,352	9,041	9,150	11,138	12,651	14,412	11,662
Operating Revenue	7,467	7,411	8,307	9,352	9,041	9,150	11,138	12,651	14,412	11,662
Total Cost of Revenue	5,907	5,898	6,546	7,362	7,063	7,107	8,566	9,650	10,635	8,763
Operating Cost of Revenue	5,907	5,895	6,541	7,355	7,057	7,092	8,566	9,650	10,635	8,763
Total Operating Expenses	1,200	1,225	1,356	1,501	1,630	1,443	1,571	1,736	2,077	2,514
Selling, General & Admin Expense	852	865	965	1,069	1,040	1,002	1,089	1,190	1,455	1,398
Amortization Expense	43	51	57	65	61	60	61	60	58	81
Other Operating Expenses / (Income)	-	-	-	-	-	-	406	444	549	493
Impairment Charge	-	-	0.00	0.00	177	20	0.00	36	4.10	370
Restructuring Charge	22	12	11	12	9.00	20	15	6.10	12	173
Total Other Income / (Expense), net	-82	-82	-121	-129	-87	-38	-57	-158	-367	-819
Interest & Investment Income	-	-	-	-	-	-	-	-13	-4.60	-93
Other Income / (Expense), net	-36	-30	-76	-75	-67	-23	-50	-145	-362	-726
Income Tax Expense	73	92	134	111	181	188	108	297	230	98
Other Gains / (Losses), net	57	48	39	34	43	46	66	64	68	46
Net Income / (Loss) Attributable to Noncontrolling Interest	-2.40	0.10	2.90	-1.80	-2.40	-7.30	4.50	-15	-0.10	-61
Basic Earnings per Share	$3.06	$1.97	$2.34	$3.62	$1.64	$5.69	$11.93	$11.92	$15.66	($5.69)
Weighted Average Basic Shares Outstanding	87M	81.40M	79.50M	78.80M	76.20M	75M	75.20M	74.60M	74.80M	74.60M
Diluted Earnings per Share	$3.06	$1.96	$2.32	$3.58	$1.63	$5.65	$11.85	$11.87	$15.63	($5.69)
Weighted Average Diluted Shares Outstanding	87.10M	81.70M	80.20M	79.70M	77M	75.60M	75.70M	74.90M	74.90M	74.70M
Weighted Average Basic & Diluted Shares Outstanding	87.10M	81.30M	79.70M	78.90M	75.47M	75.22M	74.54M	74.85M	74.62M	74.58M
Cash Dividends to Common per Share	$0.48	$0.52	$0.56	$0.60	$0.63	$0.63	$4.74	$10.80	$12.20	$7.32

This table shows AGCO's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	238	322	233	319	281	339	168	-367	30	-256
Consolidated Net Income / (Loss)	238	322	233	319	281	339	168	-369	29	-314
Net Income / (Loss) Continuing Operations	238	322	233	319	281	339	168	-369	29	-314
Total Pre-Tax Income	297	389	336	413	334	251	221	-337	29	-346
Total Operating Income	332	466	387	496	424	393	274	-242	115	239
Total Gross Profit	739	942	855	1,006	934	983	770	838	603	689
Total Revenue	3,122	3,899	3,334	3,823	3,456	3,801	2,929	3,247	2,599	2,887
Operating Revenue	3,122	3,899	3,334	3,823	3,456	3,801	2,929	3,247	2,599	2,887
Total Cost of Revenue	2,382	2,956	2,479	2,817	2,522	2,818	2,159	2,409	1,996	2,199
Operating Cost of Revenue	2,383	2,958	2,479	2,817	2,522	2,818	2,159	2,409	1,996	2,199
Total Operating Expenses	408	477	468	509	510	590	496	1,079	488	450
Selling, General & Admin Expense	288	328	332	350	356	417	350	380	344	323
Amortization Expense	15	15	15	14	14	14	14	32	8.80	27
Other Operating Expenses / (Income)	-	-	120	139	140	151	131	138	121	103
Restructuring Charge	1.00	1.70	1.40	6.10	0.80	3.60	1.00	30	11	131
Total Other Income / (Expense), net	-35	-77	-51	-84	-90	-143	-53	-95	-86	-585
Other Income / (Expense), net	-33	-73	-50	-78	-84	-150	-51	-65	-52	-557
Income Tax Expense	74	91	120	111	75	-76	69	42	12	-24
Other Gains / (Losses), net	15	24	16	18	22	12	16	9.60	12	8.40
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-	0.00	0.00	-0.10	-	0.00	-1.80	-1.10	-58
Basic Earnings per Share	$3.19	$4.32	$3.11	$4.26	$3.75	$4.54	$2.25	($4.92)	$0.40	($3.42)
Weighted Average Basic Shares Outstanding	74.60M	74.60M	74.90M	74.90M	74.90M	74.80M	74.60M	74.60M	74.60M	74.60M
Diluted Earnings per Share	$3.18	$4.29	$3.10	$4.26	$3.74	$4.53	$2.25	($4.92)	$0.40	($3.42)
Weighted Average Diluted Shares Outstanding	74.90M	74.90M	75M	75M	75M	74.90M	74.70M	74.70M	74.70M	74.70M
Weighted Average Basic & Diluted Shares Outstanding	74.60M	74.85M	74.86M	74.88M	74.88M	74.62M	74.62M	74.64M	74.65M	74.58M
Cash Dividends to Common per Share	$0.24	$5.64	$0.24	$5.28	$0.58	$6.10	$0.29	$2.79	$0.58	$3.66

This table details how cash moves in and out of AGCO's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	63	3.00	-93	-23	107	686	-230	-100	-194	17
Net Cash From Operating Activities	524	370	578	596	696	897	660	838	1,103	690
Net Cash From Continuing Operating Activities	524	370	578	596	696	897	660	838	1,103	690
Net Income / (Loss) Continuing Operations	264	160	189	284	123	420	902	875	1,171	-486
Consolidated Net Income / (Loss)	264	160	189	284	123	420	902	875	1,171	-486
Depreciation Expense	217	223	223	225	211	213	221	210	230	251
Amortization Expense	45	51	57	65	61	60	61	60	58	81
Non-Cash Adjustments To Reconcile Net Income	-6.90	26	82	70	225	6.50	46	45	21	917
Changes in Operating Assets and Liabilities, net	5.00	-92	26	-48	76	198	-569	-352	-377	-73
Net Cash From Investing Activities	-241	-598	-494	-206	-272	-242	-288	-497	-546	-1,650
Net Cash From Continuing Investing Activities	-241	-598	-494	-206	-272	-242	-288	-497	-546	-1,650
Purchase of Property, Plant & Equipment	-211	-201	-204	-203	-273	-270	-270	-388	-518	-393
Acquisitions	-29	-400	-294	0.00	0.00	-2.80	-23	-111	-9.80	-1,904
Sale of Property, Plant & Equipment	1.50	2.40	4.10	3.20	4.90	1.90	6.30	2.60	12	2.10
Divestitures	-	-	-	-	-	-	-	0.00	0.00	631
Sale and/or Maturity of Investments	-	-	-	-	-	-	-	0.00	0.00	23
Other Investing Activities, net	-1.70	0.40	0.00	-5.40	-3.10	29	-2.30	0.20	-30	-8.80
Net Cash From Financing Activities	-153	236	-177	-413	-313	23	-540	-407	-672	1,046
Net Cash From Continuing Financing Activities	-153	236	-177	-413	-313	23	-540	-407	-672	1,046
Repayment of Debt	-1,770	-2,625	-3,640	-5,436	-109	149	-2,505	-381	-470	-529
Repurchase of Common Equity	-288	-213	0.00	-184	-130	-55	-135	0.00	-53	-22
Payment of Dividends	-42	-42	-44	-46	-46	-51	-362	-416	-457	-265
Issuance of Debt	1,952	3,118	3,514	5,258	-	-	2,498	411	330	1,876
Other Financing Activities, net	-5.60	-2.00	-6.90	-4.00	-28	-20	-35	-21	-22	-14
Effect of Exchange Rate Changes	-67	-4.60	-	-	-4.20	8.80	-62	-34	-80	-68

This table details how cash moves in and out of AGCO's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	26	183	-231	-95	217	-85	1,860	-1,779	-35	-30
Net Cash From Operating Activities	271	1,133	-557	192	568	900	-370	236	27	798
Net Cash From Continuing Operating Activities	271	1,133	-557	192	568	900	-370	236	27	798
Net Income / (Loss) Continuing Operations	238	322	233	319	281	339	168	-369	29	-314
Consolidated Net Income / (Loss)	238	322	233	319	281	339	168	-369	29	-314
Depreciation Expense	51	52	54	57	59	62	63	65	61	62
Amortization Expense	15	15	15	14	14	14	14	32	8.80	27
Non-Cash Adjustments To Reconcile Net Income	-8.00	21	0.00	7.70	-6.10	19	9.90	500	1.90	405
Changes in Operating Assets and Liabilities, net	-24	723	-858	-205	220	466	-625	7.30	-74	619
Net Cash From Investing Activities	-131	-116	-129	-139	-111	-167	-95	-1,999	-87	531
Net Cash From Continuing Investing Activities	-131	-116	-129	-139	-111	-167	-95	-1,999	-87	531
Purchase of Property, Plant & Equipment	-131	-118	-125	-112	-121	-160	-95	-98	-86	-114
Acquisitions	-0.10	1.60	-1.00	-26	4.90	12	0.00	-1,902	-1.40	0.10
Sale of Property, Plant & Equipment	0.40	0.10	0.10	0.30	4.80	6.60	0.20	1.10	0.50	0.30
Other Investing Activities, net	-	0.20	-2.60	-1.30	-0.10	-26	0.00	-0.10	-0.10	-8.60
Net Cash From Financing Activities	-77	-877	462	-127	-223	-783	2,337	-1.60	16	-1,306
Net Cash From Continuing Financing Activities	-77	-877	462	-127	-223	-783	2,337	-1.60	16	-1,306
Repayment of Debt	-39	-222	-4.40	-7.00	-147	-312	-12	-4.60	-1.10	-511
Payment of Dividends	-18	-18	-18	-396	-22	-22	-22	-208	-22	-14
Issuance of Debt	-21	-636	502	279	-55	-396	2,381	205	39	-749
Other Financing Activities, net	0.80	-0.60	-18	-2.50	-0.30	-1.10	-9.70	-1.60	-0.60	-2.20
Effect of Exchange Rate Changes	-37	42	-6.50	-21	-16	-36	-12	-13	10	-53

This table presents AGCO's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	6,498	7,168	7,972	7,626	7,760	8,504	9,182	10,104	11,421	11,191
Total Current Assets	2,898	3,166	3,628	3,537	3,729	4,368	5,014	5,739	6,341	5,138
Cash & Equivalents	427	430	368	326	433	1,119	889	790	596	613
Note & Lease Receivable	837	890	1,019	880	801	856	992	1,221	1,605	1,267
Inventories, net	1,423	1,515	1,873	1,909	2,079	1,974	2,594	3,190	3,441	2,731
Other Current Assets	211	331	368	422	417	419	540	539	699	527
Plant, Property, & Equipment, net	1,347	1,361	1,485	1,373	1,416	1,509	1,465	1,591	1,921	1,819
Total Noncurrent Assets	2,252	2,641	2,859	2,716	2,614	2,627	2,703	2,773	3,160	4,234
Long-Term Investments	393	415	409	400	380	443	414	437	513	520
Goodwill	1,115	1,376	1,541	1,496	1,298	1,307	1,281	1,311	1,333	1,820
Intangible Assets	508	607	649	573	502	456	392	364	309	729
Noncurrent Deferred & Refundable Income Taxes	101	100	112	105	94	78	169	229	482	561
Other Noncurrent Operating Assets	137	143	147	142	340	345	447	433	523	604
Total Liabilities & Shareholders' Equity	6,498	7,168	7,972	7,626	7,760	8,504	9,182	10,104	11,421	11,191
Total Liabilities	3,614	4,331	4,876	4,633	4,853	5,486	5,738	6,221	6,764	7,148
Total Current Liabilities	2,185	2,145	2,651	2,767	2,885	3,363	3,455	4,088	4,344	3,826
Short-Term Debt	306	85	95	211	153	360	93	196	15	415
Accounts Payable	626	723	918	866	915	855	1,078	1,385	1,207	813
Accrued Expenses	1,107	1,161	1,408	1,522	1,654	1,917	2,062	2,271	2,904	2,470
Other Current Liabilities	147	176	230	168	162	231	221	235	218	128
Total Noncurrent Liabilities	1,429	2,186	2,226	1,866	1,968	2,123	2,284	2,133	2,421	3,322
Long-Term Debt	925	1,610	1,618	1,275	1,192	1,257	1,411	1,265	1,377	2,233
Noncurrent Deferred & Payable Income Tax Liabilities	86	112	131	116	107	112	117	112	123	125
Noncurrent Employee Benefit Liabilities	234	270	247	223	232	253	209	158	171	156
Other Noncurrent Operating Liabilities	184	194	230	251	437	501	547	598	751	808
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	-	-	-	-	-	-	0.00	300
Total Equity & Noncontrolling Interests	2,883	2,837	3,095	2,994	2,907	3,018	3,444	3,883	4,657	3,743
Total Preferred & Common Equity	2,838	2,776	3,030	2,933	2,854	2,980	3,416	3,882	4,657	3,743
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,838	2,776	3,030	2,933	2,854	2,980	3,416	3,882	4,657	3,743
Common Stock	303	104	137	11	5.50	32	4.60	31	4.80	0.70
Retained Earnings	3,996	4,114	4,254	4,477	4,444	4,759	5,182	5,655	6,360	5,645
Accumulated Other Comprehensive Income / (Loss)	-1,460	-1,442	-1,362	-1,555	-1,595	-1,811	-1,771	-1,803	-1,708	-1,903
Noncontrolling Interest	45	61	66	61	53	38	28	0.20	0.10	0.00

This table presents AGCO's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	9,818	10,812	11,394	11,351	13,460	13,615	13,507
Total Current Assets	5,702	6,329	6,747	6,675	8,374	6,639	6,539
Cash & Equivalents	607	559	464	681	2,456	657	623
Note & Lease Receivable	1,176	1,531	1,706	1,644	1,542	1,466	1,448
Inventories, net	3,325	3,643	3,830	3,726	3,782	3,499	3,443
Other Current Assets	594	597	747	625	594	583	608
Other Current Nonoperating Assets	-	-	-	-	-	433	417
Plant, Property, & Equipment, net	1,419	1,669	1,739	1,750	1,887	1,802	1,881
Total Noncurrent Assets	2,697	2,814	2,908	2,926	3,199	5,174	5,087
Long-Term Investments	417	457	507	512	521	518	552
Goodwill	1,264	1,323	1,327	1,309	1,326	2,408	2,358
Intangible Assets	368	354	341	323	292	690	589
Noncurrent Deferred & Refundable Income Taxes	224	233	260	300	490	499	507
Other Noncurrent Operating Assets	425	448	473	483	571	611	622
Other Noncurrent Nonoperating Assets	-	-	-	-	-	448	459
Total Liabilities & Shareholders' Equity	9,818	10,812	11,394	11,351	13,460	13,615	13,507
Total Liabilities	6,298	6,679	7,255	6,996	8,705	9,056	9,021
Total Current Liabilities	3,618	3,984	4,303	4,119	4,213	4,364	4,280
Short-Term Debt	361	196	247	106	300	320	412
Accounts Payable	1,171	1,427	1,391	1,308	1,238	1,076	961
Accrued Expenses	1,897	2,144	2,445	2,507	2,489	2,543	2,509
Other Current Liabilities	189	218	219	198	186	154	138
Other Current Nonoperating Liabilities	-	-	-	-	-	270	260
Total Noncurrent Liabilities	2,680	2,694	2,953	2,876	4,492	4,693	4,740
Long-Term Debt	1,846	1,791	2,014	1,920	3,426	3,595	3,610
Noncurrent Deferred & Payable Income Tax Liabilities	109	115	116	113	120	112	120
Noncurrent Employee Benefit Liabilities	200	160	161	159	168	165	168
Other Noncurrent Operating Liabilities	525	628	661	685	778	793	815
Other Noncurrent Nonoperating Liabilities	-	-	-	-	-	28	27
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	-	-	-	505	338
Total Equity & Noncontrolling Interests	3,521	4,133	4,139	4,356	4,755	4,054	4,149
Total Preferred & Common Equity	3,520	4,133	4,139	4,356	4,755	4,054	4,149
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	3,520	4,133	4,139	4,356	4,755	4,054	4,149
Common Stock	23	25	37	47	0.70	9.90	13
Retained Earnings	5,350	5,864	5,787	6,046	6,506	5,931	5,939
Accumulated Other Comprehensive Income / (Loss)	-1,852	-1,756	-1,685	-1,737	-1,752	-1,887	-1,803
Noncontrolling Interest	0.20	0.20	0.20	0.10	0.10	0.10	0.00

This table displays calculated financial ratios and metrics derived from AGCO's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-23.21%	-0.76%	12.09%	12.59%	-3.32%	1.20%	21.73%	13.58%	13.92%	-19.08%
EBITDA Growth	-33.34%	-9.42%	14.50%	15.66%	-21.45%	53.53%	45.21%	12.74%	17.01%	-100.52%
EBIT Growth	-45.63%	-20.87%	27.98%	25.90%	-32.14%	105.34%	64.82%	17.79%	19.45%	-125.45%
NOPAT Growth	-36.54%	-40.97%	35.58%	58.15%	-68.37%	273.08%	121.94%	4.51%	51.83%	-80.83%
Net Income Growth	-34.69%	-39.32%	18.16%	49.87%	-56.71%	241.86%	114.75%	-2.97%	33.91%	-141.46%
EPS Growth	-29.82%	-35.95%	18.37%	54.31%	-54.47%	246.63%	109.73%	0.17%	31.68%	-136.40%
Operating Cash Flow Growth	19.57%	-29.51%	56.32%	3.17%	16.78%	28.83%	-26.36%	26.96%	31.60%	-37.46%
Free Cash Flow Firm Growth	71.06%	-130.39%	44.66%	574.57%	-31.77%	81.88%	-59.04%	44.93%	28.17%	-159.82%
Invested Capital Growth	-13.31%	11.92%	9.33%	-6.91%	-8.37%	-10.66%	18.64%	12.94%	20.01%	12.51%
Revenue Q/Q Growth	-6.58%	1.86%	5.50%	0.70%	-0.86%	2.27%	4.09%	6.25%	-0.68%	-7.26%
EBITDA Q/Q Growth	-6.10%	5.16%	5.46%	3.30%	-28.02%	46.18%	5.12%	10.71%	-7.96%	-101.55%
EBIT Q/Q Growth	-9.55%	8.85%	10.00%	6.43%	-42.99%	83.76%	6.82%	14.18%	-10.05%	-253.63%
NOPAT Q/Q Growth	-3.95%	-2.51%	-8.23%	23.38%	-66.99%	107.05%	23.66%	8.65%	8.66%	-30.14%
Net Income Q/Q Growth	-5.44%	-0.06%	-7.84%	22.71%	-60.39%	115.50%	19.63%	4.65%	1.46%	-390.78%
EPS Q/Q Growth	-4.38%	1.55%	-8.30%	24.31%	-59.35%	106.20%	19.70%	4.95%	1.56%	-351.77%
Operating Cash Flow Q/Q Growth	-27.79%	13.83%	23.50%	-1.14%	33.90%	-10.37%	-7.52%	159.02%	-17.43%	-12.94%
Free Cash Flow Firm Q/Q Growth	-26.63%	35.80%	-275.73%	22.42%	27.90%	-8.83%	-22.91%	999.57%	-28.06%	70.22%
Invested Capital Q/Q Growth	-10.60%	-12.48%	-7.80%	-9.41%	-16.89%	-11.98%	-4.09%	-12.48%	-4.77%	-17.58%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	20.90%	20.41%	21.20%	21.28%	21.88%	22.33%	23.09%	23.72%	26.21%	24.86%
EBITDA Margin	7.86%	7.17%	7.33%	7.53%	6.12%	9.28%	11.07%	10.99%	11.28%	-0.07%
Operating Margin	4.84%	3.87%	4.87%	5.23%	3.85%	6.55%	8.99%	10.00%	11.80%	3.30%
EBIT Margin	4.35%	3.47%	3.96%	4.43%	3.11%	6.31%	8.54%	8.85%	9.28%	-2.92%
Profit (Net Income) Margin	3.54%	2.16%	2.28%	3.03%	1.36%	4.59%	8.09%	6.91%	8.13%	-4.16%
Tax Burden Percent	94.49%	78.18%	66.70%	78.74%	47.03%	74.70%	95.47%	79.00%	87.84%	111.99%
Interest Burden Percent	86.02%	79.73%	86.29%	87.01%	92.92%	97.40%	99.30%	98.84%	99.66%	127.30%
Effective Tax Rate	25.95%	45.00%	47.08%	30.78%	69.25%	33.40%	11.48%	26.79%	17.28%	0.00%
Return on Invested Capital (ROIC)	7.54%	4.52%	5.54%	8.70%	2.98%	12.27%	26.39%	23.87%	31.06%	5.14%
ROIC Less NNEP Spread (ROIC-NNEP)	6.59%	4.89%	2.78%	2.24%	5.41%	19.22%	38.15%	0.14%	-59.72%	-78.77%
Return on Net Nonoperating Assets (RNNOA)	0.74%	1.08%	0.84%	0.62%	1.19%	1.90%	1.51%	0.01%	-3.63%	-16.30%
Return on Equity (ROE)	8.28%	5.60%	6.38%	9.32%	4.16%	14.17%	27.90%	23.88%	27.43%	-11.16%
Cash Return on Invested Capital (CROIC)	21.80%	-6.73%	-3.37%	15.86%	11.71%	23.53%	9.34%	11.72%	12.87%	-6.64%
Operating Return on Assets (OROA)	4.68%	3.76%	4.34%	5.31%	3.65%	7.10%	10.75%	11.62%	12.43%	-3.01%
Return on Assets (ROA)	3.81%	2.34%	2.50%	3.64%	1.60%	5.16%	10.19%	9.07%	10.88%	-4.30%
Return on Common Equity (ROCE)	8.15%	5.50%	6.25%	9.13%	4.08%	13.95%	27.62%	23.79%	27.43%	-10.78%
Return on Equity Simple (ROE_SIMPLE)	9.30%	5.77%	6.25%	9.67%	4.30%	14.09%	26.39%	22.53%	25.15%	-12.97%
Net Operating Profit after Tax (NOPAT)	267	158	214	338	107	399	886	926	1,407	270
NOPAT Margin	3.58%	2.13%	2.58%	3.62%	1.18%	4.37%	7.96%	7.32%	9.76%	2.31%
Net Nonoperating Expense Percent (NNEP)	0.95%	-0.37%	2.77%	6.46%	-2.44%	-6.95%	-11.76%	23.73%	90.78%	83.91%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	17.34%	23.25%	4.22%
Cost of Revenue to Revenue	79.10%	79.59%	78.80%	78.72%	78.12%	77.67%	76.91%	76.28%	73.79%	75.14%
SG&A Expenses to Revenue	11.41%	11.67%	11.61%	11.44%	11.51%	10.95%	9.77%	9.40%	10.09%	11.99%
R&D to Revenue	3.78%	4.02%	3.89%	3.80%	3.80%	3.74%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	16.06%	16.53%	16.33%	16.05%	18.03%	15.77%	14.10%	13.72%	14.41%	21.56%
Earnings before Interest and Taxes (EBIT)	325	257	329	414	281	577	951	1,120	1,338	-341
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	587	532	609	704	553	849	1,233	1,390	1,626	-8.40
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.11	1.38	1.56	1.25	1.73	2.21	2.24	2.44	1.88	1.86
Price to Tangible Book Value (P/TBV)	2.60	4.82	5.62	4.23	4.68	5.41	4.39	4.29	2.91	5.83
Price to Revenue (P/Rev)	0.42	0.52	0.57	0.39	0.55	0.72	0.69	0.75	0.61	0.60
Price to Earnings (P/E)	11.86	23.87	25.30	12.79	39.40	15.44	8.53	10.65	7.48	0.00
Dividend Yield	1.30%	1.09%	0.94%	1.29%	0.96%	0.73%	4.66%	4.27%	5.22%	3.93%
Earnings Yield	8.43%	4.19%	3.95%	7.82%	2.54%	6.48%	11.72%	9.39%	13.37%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.10	1.28	1.42	1.19	1.60	2.18	2.16	2.36	1.83	1.58
Enterprise Value to Revenue (EV/Rev)	0.48	0.64	0.69	0.48	0.61	0.73	0.71	0.77	0.63	0.75
Enterprise Value to EBITDA (EV/EBITDA)	6.16	8.90	9.39	6.35	9.98	7.87	6.39	6.99	5.56	0.00
Enterprise Value to EBIT (EV/EBIT)	11.14	18.42	17.38	10.80	19.64	11.59	8.29	8.67	6.76	0.00
Enterprise Value to NOPAT (EV/NOPAT)	13.53	29.99	26.72	13.21	51.54	16.74	8.89	10.48	6.43	32.53
Enterprise Value to Operating Cash Flow (EV/OCF)	6.90	12.81	9.90	7.51	7.93	7.46	11.94	11.58	8.20	12.72
Enterprise Value to Free Cash Flow (EV/FCFF)	4.68	0.00	0.00	7.25	13.10	8.73	25.12	21.35	15.52	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.43	0.60	0.55	0.50	0.46	0.54	0.44	0.38	0.30	0.66
Long-Term Debt to Equity	0.32	0.57	0.52	0.43	0.41	0.42	0.41	0.33	0.30	0.55
Financial Leverage	0.11	0.22	0.30	0.28	0.22	0.10	0.04	0.06	0.06	0.21
Leverage Ratio	2.17	2.39	2.55	2.56	2.61	2.75	2.74	2.63	2.52	2.60
Compound Leverage Factor	1.87	1.90	2.20	2.23	2.42	2.67	2.72	2.60	2.51	3.31
Debt to Total Capital	29.93%	37.40%	35.63%	33.17%	31.64%	34.88%	30.40%	27.34%	23.02%	39.58%
Short-Term Debt to Total Capital	7.44%	1.88%	1.98%	4.70%	3.61%	7.76%	1.88%	3.67%	0.25%	6.21%
Long-Term Debt to Total Capital	22.49%	35.52%	33.65%	28.47%	28.03%	27.12%	28.52%	23.67%	22.77%	33.38%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.09%	1.35%	1.37%	1.35%	1.25%	0.82%	0.56%	0.00%	0.00%	4.48%
Common Equity to Total Capital	68.98%	61.25%	63.00%	65.48%	67.11%	64.30%	69.04%	72.66%	76.98%	55.93%
Debt to EBITDA	2.10	3.19	2.82	2.11	2.43	1.90	1.22	1.05	0.86	-315.30
Net Debt to EBITDA	0.70	1.60	1.54	1.08	0.96	0.06	0.16	0.17	0.17	-180.50
Long-Term Debt to EBITDA	1.58	3.03	2.66	1.81	2.16	1.48	1.14	0.91	0.85	-265.87
Debt to NOPAT	4.61	10.74	8.01	4.39	12.57	4.05	1.70	1.58	0.99	9.82
Net Debt to NOPAT	1.54	5.39	4.38	2.24	4.97	0.14	0.23	0.25	0.20	5.62
Long-Term Debt to NOPAT	3.46	10.20	7.56	3.77	11.13	3.15	1.59	1.37	0.98	8.28
Altman Z-Score	2.83	2.66	2.65	2.82	2.83	2.95	3.35	3.51	3.41	2.37
Noncontrolling Interest Sharing Ratio	1.46%	1.85%	2.14%	2.07%	1.93%	1.54%	1.02%	0.38%	0.00%	3.45%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.33	1.48	1.37	1.28	1.29	1.30	1.45	1.40	1.46	1.34
Quick Ratio	0.58	0.62	0.52	0.44	0.43	0.59	0.54	0.49	0.51	0.49
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	773	-235	-130	617	421	766	314	455	583	-349
Operating Cash Flow to CapEx	249.74%	186.05%	289.09%	297.80%	259.18%	334.51%	250.55%	217.32%	217.87%	176.35%
Free Cash Flow to Firm to Interest Expense	17.03	-4.51	-2.88	11.47	21.16	51.07	46.83	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	11.55	7.09	12.81	11.08	34.97	59.77	98.54	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	6.92	3.28	8.38	7.36	21.48	41.90	59.21	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.08	1.08	1.10	1.20	1.18	1.13	1.26	1.31	1.34	1.03
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	3.72	4.01	3.86	3.89	3.54	3.51	3.75	3.34	3.21	2.84
Fixed Asset Turnover	5.19	5.47	5.84	6.54	6.48	6.26	7.49	8.28	8.21	6.24
Accounts Payable Turnover	9.12	8.75	7.98	8.26	7.93	8.03	8.86	7.83	8.20	8.67
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	98.07	90.91	94.45	93.75	103.03	104.08	97.32	109.37	113.78	128.54
Days Payable Outstanding (DPO)	40.04	41.72	45.73	44.21	46.01	45.45	41.19	46.59	44.49	42.08
Cash Conversion Cycle (CCC)	58.03	49.20	48.72	49.54	57.02	58.63	56.13	62.78	69.29	86.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,295	3,688	4,032	3,753	3,439	3,073	3,645	4,117	4,941	5,559
Invested Capital Turnover	2.10	2.12	2.15	2.40	2.51	2.81	3.32	3.26	3.18	2.22
Increase / (Decrease) in Invested Capital	-506	393	344	-279	-314	-367	573	472	824	618
Enterprise Value (EV)	3,617	4,734	5,718	4,472	5,518	6,685	7,881	9,709	9,043	8,773
Market Capitalization	3,160	3,822	4,715	3,652	4,933	6,593	7,651	9,474	8,759	6,956
Book Value per Share	$33.19	$34.59	$38.08	$37.46	$37.79	$39.79	$45.65	$52.04	$62.19	$50.14
Tangible Book Value per Share	$14.22	$9.87	$10.55	$11.04	$13.95	$16.26	$23.29	$29.59	$40.26	$15.99
Total Capital	4,115	4,533	4,809	4,479	4,252	4,634	4,948	5,343	6,049	6,691
Total Debt	1,231	1,695	1,714	1,486	1,345	1,616	1,504	1,461	1,392	2,649
Total Long-Term Debt	925	1,610	1,618	1,275	1,192	1,257	1,411	1,265	1,377	2,233
Net Debt	412	851	937	760	532	55	202	234	284	1,516
Capital Expenditures (CapEx)	210	199	200	200	269	268	264	386	506	391
Debt-free, Cash-free Net Working Capital (DFCFNWC)	592	677	705	655	565	246	763	1,058	1,417	1,115
Debt-free Net Working Capital (DFNWC)	1,019	1,106	1,073	981	998	1,365	1,652	1,847	2,012	1,727
Net Working Capital (NWC)	713	1,021	977	771	845	1,006	1,560	1,651	1,997	1,312
Net Nonoperating Expense (NNE)	3.40	-2.34	25	55	-16	-20	-15	52	235	755
Net Nonoperating Obligations (NNO)	412	851	937	760	532	55	202	234	284	1,516
Total Depreciation and Amortization (D&A)	262	275	280	290	272	272	282	270	288	332
Debt-free, Cash-free Net Working Capital to Revenue	7.93%	9.13%	8.48%	7.01%	6.25%	2.69%	6.85%	8.36%	9.83%	9.56%
Debt-free Net Working Capital to Revenue	13.65%	14.93%	12.91%	10.49%	11.04%	14.92%	14.84%	14.60%	13.96%	14.81%
Net Working Capital to Revenue	9.55%	13.78%	11.76%	8.24%	9.34%	10.99%	14.00%	13.05%	13.86%	11.25%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.06	$1.97	$2.34	$3.62	$1.64	$5.69	$11.93	$11.92	$15.66	($5.69)
Adjusted Weighted Average Basic Shares Outstanding	87M	81.40M	79.50M	78.80M	76.20M	75M	75.20M	74.60M	74.80M	74.60M
Adjusted Diluted Earnings per Share	$3.06	$1.96	$2.32	$3.58	$1.63	$5.65	$11.85	$11.87	$15.63	($5.69)
Adjusted Weighted Average Diluted Shares Outstanding	87.10M	81.70M	80.20M	79.70M	77M	75.60M	75.70M	74.90M	74.90M	74.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	82.45M	79.45M	79.61M	76.51M	75.47M	75.22M	74.54M	74.85M	74.62M	74.58M
Normalized Net Operating Profit after Tax (NOPAT)	284	164	220	347	374	426	900	957	1,420	649
Normalized NOPAT Margin	3.80%	2.22%	2.65%	3.71%	4.13%	4.65%	8.08%	7.57%	9.85%	5.57%
Pre Tax Income Margin	3.74%	2.77%	3.42%	3.85%	2.89%	6.14%	8.48%	8.75%	9.25%	-3.72%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.15	4.93	7.29	7.70	14.12	38.47	141.94	0.00	0.00	0.00
NOPAT to Interest Expense	5.89	3.03	4.75	6.29	5.38	26.63	132.31	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	2.53	1.12	2.86	3.98	0.63	20.60	102.61	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	1.27	-0.78	0.32	2.57	-8.11	8.76	92.98	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	15.91%	26.28%	23.24%	16.28%	37.79%	12.17%	40.16%	47.54%	39.05%	-54.57%
Augmented Payout Ratio	124.81%	158.93%	23.24%	81.25%	143.65%	25.27%	55.13%	47.54%	43.58%	-59.10%

This table displays calculated financial ratios and metrics derived from AGCO's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	14.55%	23.57%	24.12%	29.79%	10.70%	-2.52%	-12.14%	-15.07%	-24.78%	-24.03%
EBITDA Growth	18.97%	41.28%	58.01%	58.25%	13.26%	-30.59%	-25.98%	-142.97%	-67.96%	-172.19%
EBIT Growth	25.74%	54.81%	80.64%	73.04%	13.51%	-38.05%	-33.87%	-173.37%	-81.59%	-231.02%
NOPAT Growth	40.49%	28.66%	80.36%	97.60%	31.73%	43.53%	-24.47%	-146.63%	-79.57%	-67.42%
Net Income Growth	30.43%	13.73%	69.78%	79.73%	17.91%	5.21%	-27.77%	-215.57%	-89.70%	-192.51%
EPS Growth	32.50%	15.01%	52.71%	79.75%	17.61%	5.59%	-27.42%	-215.49%	-89.30%	-175.50%
Operating Cash Flow Growth	62.92%	83.17%	3.37%	1,765.05%	109.41%	-20.55%	33.58%	22.59%	-95.33%	-11.38%
Free Cash Flow Firm Growth	-393.20%	61.16%	71.40%	56.14%	76.12%	-171.55%	19.65%	-327.60%	-853.58%	-44.98%
Invested Capital Growth	23.76%	12.94%	11.19%	14.88%	10.30%	20.01%	7.85%	23.68%	30.01%	12.51%
Revenue Q/Q Growth	5.99%	24.90%	-14.50%	14.68%	-9.61%	9.99%	-22.94%	10.85%	-19.94%	11.08%
EBITDA Q/Q Growth	17.90%	26.27%	-11.89%	20.65%	-15.62%	-22.61%	-6.04%	-170.03%	162.92%	-274.36%
EBIT Q/Q Growth	23.66%	31.40%	-14.25%	24.19%	-18.88%	-28.29%	-8.46%	-237.79%	120.36%	-610.24%
NOPAT Q/Q Growth	35.62%	43.37%	-30.29%	45.78%	-9.59%	56.21%	-63.31%	-189.99%	139.62%	149.05%
Net Income Q/Q Growth	33.95%	35.44%	-27.81%	37.23%	-12.12%	20.86%	-50.44%	-319.58%	107.83%	-1,185.12%
EPS Q/Q Growth	34.18%	34.91%	-27.74%	37.42%	-12.21%	21.12%	-50.33%	-318.67%	108.13%	-955.00%
Operating Cash Flow Q/Q Growth	2,532.04%	318.04%	-149.16%	134.48%	195.52%	58.60%	-141.09%	163.65%	-88.75%	2,910.94%
Free Cash Flow Firm Q/Q Growth	15.68%	82.47%	-130.87%	-28.55%	54.08%	-99.28%	31.68%	-584.06%	-2.40%	69.70%
Invested Capital Q/Q Growth	-0.48%	-12.48%	23.98%	6.37%	-4.45%	-4.77%	11.42%	21.99%	0.44%	-17.58%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	23.67%	24.17%	25.65%	26.31%	27.03%	25.86%	26.28%	25.80%	23.20%	23.85%
EBITDA Margin	11.67%	11.80%	12.16%	12.79%	11.94%	8.40%	10.24%	-6.47%	5.09%	-7.98%
Operating Margin	10.64%	11.95%	11.62%	12.99%	12.26%	10.34%	9.34%	-7.44%	4.42%	8.26%
EBIT Margin	9.58%	10.08%	10.11%	10.95%	9.82%	6.40%	7.61%	-9.46%	2.40%	-11.04%
Profit (Net Income) Margin	7.62%	8.26%	6.98%	8.35%	8.12%	8.92%	5.74%	-11.36%	1.11%	-10.86%
Tax Burden Percent	80.18%	82.93%	69.14%	77.36%	84.01%	135.28%	76.05%	109.50%	101.05%	90.58%
Interest Burden Percent	99.23%	98.88%	99.85%	98.61%	98.38%	102.96%	99.15%	109.74%	45.76%	108.56%
Effective Tax Rate	25.01%	23.35%	35.73%	26.90%	22.55%	-30.37%	31.28%	0.00%	41.61%	0.00%
Return on Invested Capital (ROIC)	22.34%	29.85%	20.49%	26.50%	27.85%	42.91%	16.95%	-11.53%	5.44%	12.84%
ROIC Less NNEP Spread (ROIC-NNEP)	21.09%	13.86%	18.76%	23.18%	23.13%	-24.02%	14.63%	-23.11%	2.97%	-40.54%
Return on Net Nonoperating Assets (RNNOA)	5.61%	0.82%	4.53%	8.12%	5.92%	-1.46%	2.83%	-9.16%	1.04%	-8.39%
Return on Equity (ROE)	27.96%	30.68%	25.02%	34.62%	33.77%	41.45%	19.78%	-20.69%	6.47%	4.45%
Cash Return on Invested Capital (CROIC)	-1.19%	11.72%	10.82%	10.12%	16.38%	12.87%	17.95%	-10.48%	-19.62%	-6.64%
Operating Return on Assets (OROA)	12.16%	13.22%	12.99%	14.58%	13.47%	8.58%	8.78%	-10.16%	2.43%	-11.39%
Return on Assets (ROA)	9.67%	10.84%	8.97%	11.12%	11.13%	11.94%	6.62%	-12.21%	1.12%	-11.20%
Return on Common Equity (ROCE)	27.84%	30.56%	25.02%	34.62%	33.77%	41.45%	19.78%	-19.49%	6.23%	4.30%
Return on Equity Simple (ROE_SIMPLE)	23.74%	0.00%	23.48%	26.87%	26.51%	0.00%	23.27%	10.33%	4.03%	0.00%
Net Operating Profit after Tax (NOPAT)	249	357	249	363	328	512	188	-169	67	167
NOPAT Margin	7.98%	9.16%	7.47%	9.49%	9.49%	13.48%	6.42%	-5.21%	2.58%	5.78%
Net Nonoperating Expense Percent (NNEP)	1.25%	15.99%	1.73%	3.32%	4.72%	66.93%	2.33%	11.59%	2.47%	53.39%
Return On Investment Capital (ROIC_SIMPLE)	-	6.68%	-	-	-	8.47%	-	-	-	2.61%
Cost of Revenue to Revenue	76.29%	75.82%	74.35%	73.69%	72.97%	74.14%	73.72%	74.20%	76.80%	76.15%
SG&A Expenses to Revenue	9.21%	8.42%	9.95%	9.16%	10.29%	10.97%	11.96%	11.70%	13.25%	11.19%
R&D to Revenue	3.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	13.07%	12.23%	14.03%	13.32%	14.77%	15.52%	16.94%	33.24%	18.79%	15.59%
Earnings before Interest and Taxes (EBIT)	299	393	337	418	339	243	223	-307	63	-319
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	364	460	405	489	413	319	300	-210	132	-231
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.87	2.44	2.26	2.29	1.97	1.88	1.88	1.80	1.76	1.86
Price to Tangible Book Value (P/TBV)	3.49	4.29	3.80	3.84	3.14	2.91	2.85	7.61	6.08	5.83
Price to Revenue (P/Rev)	0.55	0.75	0.70	0.67	0.59	0.61	0.64	0.54	0.58	0.60
Price to Earnings (P/E)	7.77	10.65	9.63	8.54	7.42	7.48	8.09	17.31	42.99	0.00
Dividend Yield	6.08%	4.27%	4.38%	4.74%	5.30%	5.22%	5.15%	3.75%	3.74%	3.93%
Earnings Yield	12.87%	9.39%	10.39%	11.71%	13.48%	13.37%	12.36%	5.78%	2.33%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.65	2.36	2.02	1.99	1.81	1.83	1.76	1.57	1.56	1.58
Enterprise Value to Revenue (EV/Rev)	0.65	0.77	0.78	0.76	0.65	0.63	0.69	0.78	0.83	0.75
Enterprise Value to EBITDA (EV/EBITDA)	6.20	6.99	6.70	6.27	5.32	5.56	6.38	12.81	19.38	0.00
Enterprise Value to EBIT (EV/EBIT)	7.93	8.67	8.12	7.45	6.32	6.76	7.93	21.11	47.32	0.00
Enterprise Value to NOPAT (EV/NOPAT)	9.13	10.48	9.94	8.86	7.26	6.43	7.17	16.20	27.18	32.53
Enterprise Value to Operating Cash Flow (EV/OCF)	24.05	11.58	12.02	10.37	7.03	8.20	7.52	7.89	13.24	12.72
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	21.35	19.67	20.98	11.60	15.52	10.19	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.63	0.38	0.48	0.55	0.47	0.30	0.78	0.86	0.90	0.66
Long-Term Debt to Equity	0.52	0.33	0.43	0.49	0.44	0.30	0.72	0.79	0.80	0.55
Financial Leverage	0.27	0.06	0.24	0.35	0.26	0.06	0.19	0.40	0.35	0.21
Leverage Ratio	2.79	2.63	2.65	2.83	2.69	2.52	2.73	2.88	2.81	2.60
Compound Leverage Factor	2.77	2.60	2.65	2.79	2.64	2.60	2.71	3.16	1.29	2.82
Debt to Total Capital	38.53%	27.34%	32.46%	35.33%	31.74%	23.02%	43.93%	46.20%	47.27%	39.58%
Short-Term Debt to Total Capital	6.30%	3.67%	3.19%	3.86%	1.66%	0.25%	3.54%	3.78%	4.85%	6.21%
Long-Term Debt to Total Capital	32.23%	23.67%	29.27%	31.47%	30.08%	22.77%	40.39%	42.43%	42.43%	33.38%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.96%	3.97%	4.48%
Common Equity to Total Capital	61.47%	72.66%	67.53%	64.67%	68.26%	76.98%	56.07%	47.84%	48.76%	55.93%
Debt to EBITDA	1.76	1.05	1.29	1.32	1.15	0.86	2.45	4.76	7.43	-315.30
Net Debt to EBITDA	0.94	0.17	0.63	0.75	0.47	0.17	0.49	3.33	5.26	-180.50
Long-Term Debt to EBITDA	1.47	0.91	1.16	1.17	1.09	0.85	2.25	4.37	6.67	-265.87
Debt to NOPAT	2.59	1.58	1.91	1.86	1.56	0.99	2.75	6.03	10.42	9.82
Net Debt to NOPAT	1.39	0.25	0.94	1.06	0.64	0.20	0.55	4.22	7.38	5.62
Long-Term Debt to NOPAT	2.16	1.37	1.73	1.65	1.48	0.98	2.53	5.54	9.35	8.28
Altman Z-Score	2.96	3.27	3.19	3.12	3.13	3.10	2.76	2.20	2.25	2.38
Noncontrolling Interest Sharing Ratio	0.41%	0.38%	0.00%	0.00%	0.00%	0.00%	0.00%	5.81%	3.82%	3.45%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.58	1.40	1.59	1.57	1.62	1.46	1.99	1.52	1.53	1.34
Quick Ratio	0.49	0.49	0.52	0.50	0.56	0.51	0.95	0.49	0.48	0.49
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-654	-115	-265	-340	-156	-311	-213	-1,455	-1,490	-451
Operating Cash Flow to CapEx	207.10%	962.87%	-444.97%	172.44%	489.82%	585.44%	-390.30%	243.03%	30.89%	701.76%
Free Cash Flow to Firm to Interest Expense	-284.41	0.00	-529.37	0.00	0.00	0.00	-111.94	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	117.87	0.00	-1,114.20	0.00	0.00	0.00	-194.74	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	60.96	0.00	-1,364.60	0.00	0.00	0.00	-244.63	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.27	1.31	1.29	1.33	1.37	1.34	1.15	1.07	1.01	1.03
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	3.02	3.34	2.92	2.95	3.06	3.21	2.78	2.70	2.62	2.84
Fixed Asset Turnover	8.27	8.28	8.49	9.02	9.16	8.21	7.88	7.59	6.93	6.24
Accounts Payable Turnover	8.10	7.83	7.45	8.19	8.69	8.20	7.74	8.03	8.27	8.67
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	120.71	109.37	125.06	123.78	119.44	113.78	131.36	135.01	139.45	128.54
Days Payable Outstanding (DPO)	45.07	46.59	48.97	44.54	42.01	44.49	47.14	45.44	44.15	42.08
Cash Conversion Cycle (CCC)	75.64	62.78	76.09	79.24	77.43	69.29	84.22	89.57	95.31	86.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,704	4,117	5,104	5,430	5,188	4,941	5,505	6,715	6,745	5,559
Invested Capital Turnover	2.80	3.26	2.74	2.79	2.93	3.18	2.64	2.21	2.11	2.22
Increase / (Decrease) in Invested Capital	903	472	514	703	484	824	401	1,286	1,557	618
Enterprise Value (EV)	7,782	9,709	10,312	10,783	9,397	9,043	9,703	10,524	10,490	8,773
Market Capitalization	6,598	9,474	9,341	9,492	8,564	8,759	8,953	7,279	7,304	6,956
Book Value per Share	$47.19	$52.04	$55.22	$55.28	$58.17	$62.19	$63.74	$54.33	$55.58	$50.14
Tangible Book Value per Share	$25.33	$29.59	$32.82	$33.00	$36.38	$40.26	$42.06	$12.81	$16.10	$15.99
Total Capital	5,727	5,343	6,120	6,400	6,381	6,049	8,481	8,474	8,509	6,691
Total Debt	2,207	1,461	1,987	2,261	2,026	1,392	3,726	3,915	4,022	2,649
Total Long-Term Debt	1,846	1,265	1,791	2,014	1,920	1,377	3,426	3,595	3,610	2,233
Net Debt	1,183	234	971	1,291	833	284	750	2,740	2,848	1,516
Capital Expenditures (CapEx)	131	118	125	111	116	154	95	97	86	114
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,838	1,058	1,981	2,228	1,981	1,417	2,006	1,938	2,049	1,115
Debt-free Net Working Capital (DFNWC)	2,445	1,847	2,540	2,692	2,662	2,012	4,461	2,595	2,671	1,727
Net Working Capital (NWC)	2,084	1,651	2,345	2,445	2,556	1,997	4,161	2,275	2,259	1,312
Net Nonoperating Expense (NNE)	11	35	16	44	48	173	20	200	38	481
Net Nonoperating Obligations (NNO)	1,183	234	971	1,291	833	284	750	2,157	2,259	1,516
Total Depreciation and Amortization (D&A)	65	67	68	71	73	76	77	97	70	88
Debt-free, Cash-free Net Working Capital to Revenue	15.43%	8.36%	14.90%	15.72%	13.65%	9.83%	14.32%	14.43%	16.29%	9.56%
Debt-free Net Working Capital to Revenue	20.53%	14.60%	19.10%	18.99%	18.34%	13.96%	31.85%	19.32%	21.24%	14.81%
Net Working Capital to Revenue	17.50%	13.05%	17.63%	17.24%	17.61%	13.86%	29.70%	16.94%	17.96%	11.25%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.19	$4.32	$3.11	$4.26	$3.75	$4.54	$2.25	($4.92)	$0.40	($3.42)
Adjusted Weighted Average Basic Shares Outstanding	74.60M	74.60M	74.90M	74.90M	74.90M	74.80M	74.60M	74.60M	74.60M	74.60M
Adjusted Diluted Earnings per Share	$3.18	$4.29	$3.10	$4.26	$3.74	$4.53	$2.25	($4.92)	$0.40	($3.42)
Adjusted Weighted Average Diluted Shares Outstanding	74.90M	74.90M	75M	75M	75M	74.90M	74.70M	74.70M	74.70M	74.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	74.60M	74.85M	74.86M	74.88M	74.88M	74.62M	74.62M	74.64M	74.65M	74.58M
Normalized Net Operating Profit after Tax (NOPAT)	250	358	250	367	329	278	189	202	75	259
Normalized NOPAT Margin	8.00%	9.19%	7.49%	9.61%	9.51%	7.31%	6.44%	6.21%	2.89%	8.96%
Pre Tax Income Margin	9.50%	9.96%	10.09%	10.79%	9.66%	6.59%	7.54%	-10.38%	1.10%	-11.99%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	130.00	0.00	673.80	0.00	0.00	0.00	117.26	0.00	0.00	0.00
NOPAT to Interest Expense	108.28	0.00	497.83	0.00	0.00	0.00	98.96	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	73.09	0.00	423.40	0.00	0.00	0.00	67.37	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	51.37	0.00	247.43	0.00	0.00	0.00	49.06	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	49.39%	47.54%	41.98%	40.45%	39.30%	39.05%	41.66%	65.27%	163.53%	-54.57%
Augmented Payout Ratio	49.39%	47.54%	41.98%	40.45%	39.30%	43.58%	41.66%	65.27%	163.53%	-59.10%

Frequently Asked Questions About AGCO's Financials

When does AGCO's fiscal year end?

According to the most recent income statement we have on file, AGCO's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has AGCO's net income changed over the last 9 years?

AGCO's net income appears to be on an upward trend, with a most recent value of -$485.60 million in 2024, falling from $264 million in 2015. The previous period was $1.17 billion in 2023. See where experts think AGCO is headed by visiting AGCO's forecast page.

What is AGCO's operating income?

AGCO's total operating income in 2024 was $385.20 million, based on the following breakdown:

Total Gross Profit: $2.90 billion
Total Operating Expenses: $2.51 billion

How has AGCO revenue changed over the last 9 years?

Over the last 9 years, AGCO's total revenue changed from $7.47 billion in 2015 to $11.66 billion in 2024, a change of 56.2%.

How much debt does AGCO have?

AGCO's total liabilities were at $7.15 billion at the end of 2024, a 5.7% increase from 2023, and a 97.8% increase since 2015.

How much cash does AGCO have?

In the past 9 years, AGCO's cash and equivalents has ranged from $326.10 million in 2018 to $1.12 billion in 2020, and is currently $612.70 million as of their latest financial filing in 2024.

How has AGCO's book value per share changed over the last 9 years?

Over the last 9 years, AGCO's book value per share changed from 33.19 in 2015 to 50.14 in 2024, a change of 51.1%.

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This page (NYSE:AGCO) was last updated on 5/6/2025 by MarketBeat.com Staff

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AGCO (AGCO) Financials

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AGCO (AGCO) Financials

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