Agco Corp (AGCO) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AGCO SEC filings page.
Agco Corp (AGCO) reported $10.3B in revenue over the twelve months to Jun 30, 2026, up 1.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
AGCO’s recovery is driven less by volume than by margin normalization and sharply lighter reinvestment after FY2024’s disruption.
The FY2024 net loss coexisted with positive operating cash flow and free cash flow, showing that accounting earnings temporarily diverged from cash economics. In FY2025, free cash flow reached$740M as capital expenditures fell to$248M , making lower reinvestment an important part of the cash improvement rather than a pure operating rebound.
Revenue declined to
Debt-to-equity rose from 0.3x in FY2023 to 0.5x in FY2025, indicating a more leveraged balance-sheet posture after the downturn. The current ratio remained near 1.4x, suggesting short-term asset coverage was comparatively stable even as long-term financing reliance increased.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Agco Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Agco Corp has an operating margin of 5.9%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 57/100, indicating healthy but not exceptional operating efficiency. This is up from -1.1% the prior year.
Agco Corp's revenue declined 13.5% year-over-year, from $11.7B to $10.1B. This contraction results in a growth score of 5/100.
Agco Corp has a moderate D/E ratio of 0.54. This balance of debt and equity financing earns a leverage score of 36/100.
Agco Corp's current ratio of 1.39 indicates adequate short-term liquidity, earning a score of 37/100. The company can meet its near-term obligations, though with limited headroom.
Agco Corp has a free cash flow margin of 7.3%, earning a moderate score of 46/100. The company generates positive cash flow after capital investments, but with room for improvement.
Agco Corp's ROE of 17.0% shows moderate profitability relative to equity, earning a score of 55/100. This is up from -11.3% the prior year.
Agco Corp scores 2.59, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Agco Corp passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Agco Corp generates $1.36 in operating cash flow ($988.1M OCF vs $726.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Agco Corp earns $4.84 in operating income for every $1 of interest expense ($595.7M vs $123.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Agco Corp generated $2.6B in revenue in Q2 2026. This represents a decrease of 1.0% from the same quarter a year earlier. Against the prior quarter it is up 11.4%.
Agco Corp's EBITDA was $224.9M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 7.8% from the same quarter a year earlier. Against the prior quarter it is up 36.9%.
Agco Corp reported $77.2M in net income in Q2 2026. This represents a decrease of 75.5% from the same quarter a year earlier. Against the prior quarter it is up 40.4%.
Agco Corp earned $1.08 per diluted share (EPS) in Q2 2026. This represents a decrease of 74.4% from the same quarter a year earlier. Against the prior quarter it is up 42.1%.
Cash & Balance Sheet
Agco Corp generated $108.2M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 66.6% from the same quarter a year earlier. Against the prior quarter it is up 123.8%.
Agco Corp held $573.4M in cash against $2.2B in long-term debt as of Q2 2026.
Agco Corp paid $0.30 per share in dividends in Q2 2026. This represents an increase of 3.4% from the same quarter a year earlier. Against the prior quarter it is up 3.4%.
Margins & Returns
Agco Corp's gross margin was 24.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.
Agco Corp's operating margin was 5.4% in Q2 2026, reflecting core business profitability. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.0 percentage points.
Agco Corp's net profit margin was 3.0% in Q2 2026, showing the share of revenue converted to profit. This is down 9.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.
Agco Corp's ROE was 1.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 5.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.
Capital Allocation
Agco Corp invested $57.2M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 35.5% from the same quarter a year earlier. Against the prior quarter it is up 28.3%.
Not reported for Q2 2026.
Not reported for Q2 2026.
AGCO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6B-1.0% | $2.3B+14.3% | $2.9B+1.1% | $2.5B-4.7% | $2.6B-18.8% | $2.1B-30.0% | $2.9B-24.0% | $2.6B-24.8% |
| Cost of Revenue | $2.0B-0.6% | $1.8B+15.1% | $2.2B-0.9% | $1.8B-8.3% | $2.0B-18.0% | $1.5B-29.1% | $2.2B-22.0% | $2.0B-20.8% |
| Gross Profit | $645.9M-1.9% | $581.4M+11.7% | $741.1M+7.6% | $646.5M+7.2% | $658.6M-21.4% | $520.6M-32.4% | $688.7M-29.9% | $603.1M-35.4% |
| SG&A Expenses | $335.7M+2.8% | $339.1M+4.1% | $316.3M-2.1% | $340.8M-1.0% | $326.4M-14.1% | $325.8M-7.0% | $323.2M-22.5% | $344.3M-3.2% |
| Operating Income | $140.7M-14.2% | $80.7M+63.4% | $230.7M+185.8% | $151.6M+32.1% | $164.0M+167.9% | $49.4M-81.9% | -$268.8M-168.4% | $114.8M-72.9% |
| EBITDA | $224.9M-7.8% | $164.3M+31.2% | $317.4M+276.4% | $237.3M+28.6% | $243.8M+268.4% | $125.2M-64.3% | -$179.9M-138.3% | $184.5M-62.9% |
| Interest Expense | $17.0M-4.5% | $15.2M-17.8% | $71.2M-23.9% | $15.5M-54.3% | $17.8M-40.5% | $18.5M+873.7% | $93.6M+16.1% | $33.9M+516.4% |
| Income Tax | $40.4M+119.7% | $4.6M+130.0% | $77.3M+419.4% | $48.8M+310.1% | -$205.5M-594.0% | $2.0M-97.1% | -$24.2M+68.2% | $11.9M-84.2% |
| Net Income | $77.2M-75.5% | $55.0M+423.8% | $95.5M+137.3% | $305.7M+919.0% | $314.8M+185.8% | $10.5M-93.8% | -$255.7M-175.4% | $30.0M-89.3% |
| EPS (Basic) | $1.08-74.4% | $0.76+442.9% | $1.30+138.0% | $4.10+925.0% | $4.22+185.8% | $0.14-93.8% | -$3.42-175.2% | $0.40-89.3% |
| EPS (Diluted) | $1.08-74.4% | $0.76+442.9% | $1.30+138.0% | $4.09+922.5% | $4.22+185.8% | $0.14-93.8% | -$3.42-175.5% | $0.40-89.3% |
| Diluted Shares (Avg) | 71M-4.6% | 73M-2.7% | N/A | 75M0.0% | 75M-0.1% | 75M0.0% | N/A | 75M-0.4% |
Not reported in any period shown, so not listed: R&D Expenses.
AGCO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.9B-3.5% | $12.0B+4.9% | $11.9B+6.6% | $12.5B-7.7% | $12.3B-9.6% | $11.5B-14.7% | $11.2B-2.0% | $13.5B+19.0% |
| Current Assets | $5.3B-5.2% | $5.3B+0.9% | $5.2B+1.1% | $5.7B-12.5% | $5.6B-15.2% | $5.3B-36.8% | $5.1B-19.0% | $6.5B-2.0% |
| Cash & Equivalents | $573.4M-26.9% | $514.9M-8.5% | $861.8M+40.7% | $884.1M+42.0% | $783.9M+19.3% | $562.6M-77.1% | $612.7M+2.9% | $622.6M-8.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $3.0B-2.9% | $3.0B+1.5% | $2.7B-0.8% | $3.1B-10.5% | $3.1B-11.5% | $3.0B-21.8% | $2.7B-20.6% | $3.4B-7.6% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $1.9B-0.8% | $1.9B+2.6% | $1.9B+4.3% | $1.9B-19.4% | $1.9B-21.1% | $1.8B+39.0% | $1.8B+36.5% | $2.4B+80.2% |
| Total Liabilities | $7.5B-4.2% | $7.4B+1.0% | $7.4B+2.9% | $7.7B-14.9% | $7.8B-13.5% | $7.4B-15.3% | $7.1B+5.7% | $9.0B+28.9% |
| Current Liabilities | $4.0B+6.2% | $4.1B+19.3% | $3.7B-2.5% | $3.6B-15.2% | $3.8B-12.8% | $3.5B-17.9% | $3.8B-11.9% | $4.3B+3.9% |
| Non-Current Liabilities | $3.5B-14.1% | $3.3B-15.1% | $3.6B+9.2% | $4.0B-14.6% | $4.0B-14.0% | $3.9B-12.9% | $3.3B+37.2% | $4.7B+64.8% |
| Long-Term Debt | $2.2B-20.9% | $2.0B-26.8% | $2.3B+4.0% | $2.7B-24.3% | $2.8B-23.3% | $2.8B-19.5% | $2.2B+62.2% | $3.6B+88.1% |
| Total Equity | $4.1B-2.1% | $4.3B+12.8% | $4.3B+14.2% | $4.5B+8.2% | $4.2B+2.8% | $3.8B-19.9% | $3.7B-19.6% | $4.1B-4.7% |
| Retained Earnings | $5.8B-2.1% | $6.0B+7.2% | $6.0B+7.1% | $6.2B+4.5% | $5.9B-0.1% | $5.6B-13.5% | $5.6B-11.2% | $5.9B-1.8% |
Not reported in any period shown, so not listed: Accounts Receivable.
AGCO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $165.4M-54.8% | -$410.4M-93.4% | $763.6M-4.3% | $71.0M+167.9% | $365.7M+55.3% | -$212.2M+42.6% | $797.9M-11.4% | $26.5M-95.3% |
| Depreciation & Amortization | $84.2M+5.5% | $83.6M+10.3% | $86.3M-2.4% | $85.7M+23.0% | $79.8M-17.6% | $75.8M-1.8% | $88.4M+16.5% | $69.7M-4.8% |
| Stock-Based Compensation | N/A | $10.4M+42.5% | N/A | N/A | N/A | $7.3M-13.1% | N/A | N/A |
| Capital Expenditures | $57.2M+35.5% | $44.6M-7.5% | $88.6M-22.3% | $68.9M-20.2% | $42.2M-56.9% | $48.2M-49.3% | $114.0M-28.9% | $86.3M-28.5% |
| Free Cash Flow | $108.2M-66.6% | -$455.0M-74.7% | $675.0M-1.3% | $2.1M+103.5% | $323.5M+135.3% | -$260.4M+44.0% | $683.9M-7.6% | -$59.8M-113.4% |
| Investing Cash Flow | $102.3M+280.1% | -$65.6M-27.9% | -$109.5M-120.6% | $189.3M+316.8% | -$56.8M+97.2% | -$51.3M+45.9% | $531.1M+418.0% | -$87.3M+21.4% |
| Financing Cash Flow | -$205.7M-92.1% | $130.1M-36.6% | -$676.5M+48.2% | -$150.8M-1048.4% | -$107.1M-6593.8% | $205.2M-91.2% | -$1.3B-66.8% | $15.9M+107.1% |
| Dividends Paid | $21.0M-3.2% | $21.0M-2.8% | $21.6M0.0% | $21.6M0.0% | $21.7M-89.6% | $21.6M0.0% | $21.6M0.0% | $21.6M-0.5% |
Not reported in any period shown, so not listed: Share Buybacks.
AGCO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.8%-0.2pp | 24.8%-0.6pp | 25.4%+1.5pp | 26.1%+2.9pp | 25.0%-0.8pp | 25.4%-0.9pp | 23.8%-2.0pp | 23.2%-3.8pp |
| Operating Margin | 5.4%-0.8pp | 3.4%+1.0pp | 7.9%+17.2pp | 6.1%+1.7pp | 6.2%+13.7pp | 2.4%-6.9pp | -9.3%-19.7pp | 4.4%-7.8pp |
| Net Margin | 3.0%-9.0pp | 2.4%+1.8pp | 3.3%+12.1pp | 12.3%+11.2pp | 11.9%+23.3pp | 0.5%-5.2pp | -8.9%-17.8pp | 1.1%-7.0pp |
| Return on Equity | 1.9%-5.7pp | 1.3%+1.0pp | 2.2%+9.1pp | 6.8%+6.1pp | 7.5%+16.6pp | 0.3%-3.3pp | -6.8%-14.1pp | 0.7%-5.7pp |
| Return on Assets | 0.7%-1.9pp | 0.5%+0.4pp | 0.8%+3.1pp | 2.5%+2.2pp | 2.6%+5.3pp | 0.1%-1.2pp | -2.3%-5.3pp | 0.2%-2.3pp |
| Current Ratio | 1.32-0.2x | 1.29-0.2x | 1.39+0.1x | 1.580.0x | 1.480.0x | 1.53-0.5x | 1.34-0.1x | 1.53-0.1x |
| Debt-to-Equity | 0.53-0.1x | 0.47-0.3x | 0.54-0.1x | 0.61-0.3x | 0.66-0.2x | 0.720.0x | 0.60+0.3x | 0.87+0.4x |
| Asset Turnover | 0.220.0x | 0.190.0x | 0.240.0x | 0.200.0x | 0.210.0x | 0.180.0x | 0.26-0.1x | 0.19-0.1x |
| FCF Margin | 4.2%-8.1pp | -19.4%-6.7pp | 23.1%-0.6pp | 0.1%+2.4pp | 12.3%+8.0pp | -12.7%+3.2pp | 23.7%+4.2pp | -2.3%-15.2pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Agco Corp AGCO | FY2025 | $10.1B | $726.5M | 7.2% | $8.9B | 39/100 |
| Oshkosh Truck OSK | FY2025 | $10.4B | $647.0M | 6.2% | $9.4B | 58/100 |
| Terex Corp TEX | FY2025 | $5.4B | $221.0M | 4.1% | $7.1B | 54/100 |
| Rev Group REVG | FY2025 | $2.5B | $95.2M | 3.9% | $3.1B | 50/100 |
| Alamo Group Inc ALG | FY2025 | $1.6B | $103.8M | 6.5% | $2.1B | 71/100 |
| Cnh Industrial CNH | FY2025 | $18.1B | $510.0M | 2.8% | $22.4B | 3/100 |
Where Agco Corp Ranks
Frequently Asked Questions
What is Agco Corp's annual revenue?
Agco Corp (AGCO) reported $10.1B in total revenue for fiscal year 2025. This represents a -13.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Agco Corp's revenue growing?
Agco Corp (AGCO) revenue declined by 13.5% year-over-year, from $11.7B to $10.1B in fiscal year 2025.
Is Agco Corp profitable?
Yes, Agco Corp (AGCO) reported a net income of $726.5M in fiscal year 2025, with a net profit margin of 7.2%.
What is Agco Corp's EBITDA?
Agco Corp (AGCO) had EBITDA of $923.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Agco Corp have?
As of fiscal year 2025, Agco Corp (AGCO) had $861.8M in cash and equivalents against $2.3B in long-term debt.
What is Agco Corp's gross margin?
Agco Corp (AGCO) had a gross margin of 25.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Agco Corp's operating margin?
Agco Corp (AGCO) had an operating margin of 5.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Agco Corp's net profit margin?
Agco Corp (AGCO) had a net profit margin of 7.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Agco Corp pay dividends?
Yes, Agco Corp (AGCO) paid $1.16 per share in dividends during fiscal year 2025.
What is Agco Corp's return on equity (ROE)?
Agco Corp (AGCO) has a return on equity of 17.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Agco Corp's free cash flow?
Agco Corp (AGCO) generated $740.2M in free cash flow during fiscal year 2025. This represents a 149.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Agco Corp's operating cash flow?
Agco Corp (AGCO) generated $988.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Agco Corp's total assets?
Agco Corp (AGCO) had $11.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Agco Corp's capital expenditures?
Agco Corp (AGCO) invested $247.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Agco Corp spend on research and development?
Agco Corp (AGCO) invested $374.5M in research and development during fiscal year 2025.
What is Agco Corp's current ratio?
Agco Corp (AGCO) had a current ratio of 1.39 as of fiscal year 2025, which is considered adequate.
What is Agco Corp's debt-to-equity ratio?
Agco Corp (AGCO) had a debt-to-equity ratio of 0.54 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Agco Corp's return on assets (ROA)?
Agco Corp (AGCO) had a return on assets of 6.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Agco Corp's P/E ratio?
Agco Corp (AGCO) trades at 16.7x earnings, its market capitalization divided by net income of $533.4M net income, trailing 12 months to June 30, 2026. The market capitalization is $8.9B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Agco Corp's price-to-sales ratio?
Agco Corp (AGCO) trades at 0.9x sales, its market capitalization divided by revenue of $10.3B revenue, trailing 12 months to June 30, 2026. The market capitalization is $8.9B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Agco Corp's Altman Z-Score?
Agco Corp (AGCO) has an Altman Z-Score of 2.59, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Agco Corp's Piotroski F-Score?
Agco Corp (AGCO) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Agco Corp's earnings high quality?
Agco Corp (AGCO) has an earnings quality ratio of 1.36x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Agco Corp cover its interest payments?
Agco Corp (AGCO) has an interest coverage ratio of 4.84x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Agco Corp?
Agco Corp (AGCO) scores 39 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.