This page shows Adecoagro S A (AGRO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Adecoagro S A's revenue surged 16.9% year-over-year to $1.5B, reflecting rapid business expansion. This strong growth earns a score of 62/100.
Adecoagro S A carries a low D/E ratio of 0.20, meaning only $0.20 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.
Adecoagro S A's current ratio of 2.54 indicates adequate short-term liquidity, earning a score of 48/100. The company can meet its near-term obligations, though with limited headroom.
Adecoagro S A has a free cash flow margin of 4.5%, earning a moderate score of 36/100. The company generates positive cash flow after capital investments, but with room for improvement.
Adecoagro S A generates a 6.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 26/100. This is down from 17.9% the prior year.
Adecoagro S A passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Adecoagro S A generates $3.56 in operating cash flow ($328.3M OCF vs $92.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Adecoagro S A generated $1.5B in revenue in fiscal year 2024. This represents an increase of 16.9% from the prior year.
Adecoagro S A reported $92.1M in net income in fiscal year 2024. This represents a decrease of 59.4% from the prior year.
Cash & Balance Sheet
Adecoagro S A generated $68.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 64.8% from the prior year.
Adecoagro S A held $211.2M in cash against $287.7M in long-term debt as of fiscal year 2024.
Adecoagro S A had 100M shares outstanding in fiscal year 2024. This represents a decrease of 5.6% from the prior year.
Margins & Returns
Adecoagro S A's net profit margin was 6.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 11.4 percentage points from the prior year.
Adecoagro S A's ROE was 6.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 11.4 percentage points from the prior year.
Capital Allocation
Adecoagro S A spent $66.9M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 154.9% from the prior year.
Adecoagro S A invested $260.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 7.7% from the prior year.
AGRO Income Statement
| Metric | Q3'25 | Q4'24 | Q3'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $304.2M | N/A | $471.5M | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | -$50.5M | N/A | -$6.4M | N/A | N/A | N/A | N/A | N/A |
| Income Tax | -$63K | N/A | $4.5M | N/A | N/A | N/A | N/A | N/A |
| Net Income | $6.4M | N/A | $18.7M | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
AGRO Balance Sheet
| Metric | Q3'25 | Q4'24 | Q3'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.6B+17.0% | $3.1B | N/A | $3.2B+1.8% | $3.1B+20.4% | $2.6B+4.0% | $2.5B-1.5% | $2.5B |
| Current Assets | $1.4B+34.1% | $1.0B | N/A | $1.1B+3.2% | $1.0B+34.3% | $761.8M-0.6% | $766.6M+18.1% | $649.1M |
| Cash & Equivalents | $340.0M+61.0% | $211.2M+6.6% | $198.3M-41.7% | $339.8M+47.3% | $230.7M+15.5% | $199.8M-40.6% | $336.3M+15.8% | $290.3M |
| Inventory | $407.3M+40.6% | $289.7M | N/A | $256.1M-6.6% | $274.0M+14.4% | $239.5M+79.5% | $133.5M+18.3% | $112.8M |
| Accounts Receivable | $389.1M+82.4% | $213.4M | N/A | $179.1M-2.6% | $183.8M+26.0% | $145.8M+0.1% | $145.7M+14.4% | $127.3M |
| Goodwill | $35.4M-4.9% | $37.2M | N/A | $27.5M-23.8% | $36.1M+15.3% | $31.3M+16.4% | $26.9M-20.0% | $33.7M |
| Total Liabilities | $2.2B+29.4% | $1.7B | N/A | $1.9B-2.4% | $1.9B+26.8% | $1.5B+1.1% | $1.5B+1.7% | $1.5B |
| Current Liabilities | $486.1M+21.4% | $400.3M | N/A | $494.1M-19.1% | $610.9M+70.9% | $357.4M-0.5% | $359.2M-1.4% | $364.4M |
| Long-Term Debt | $317.9M+10.5% | $287.7M | N/A | $325.6M+14.8% | $283.5M+40.6% | $201.7M+26.5% | $159.4M-8.7% | $174.6M |
| Total Equity | $1.4B+2.0% | $1.4B-1.9% | $1.4B+13.5% | $1.3B+8.8% | $1.2B+11.1% | $1.0B+8.7% | $963.7M-6.3% | $1.0B |
| Retained Earnings | $525.1M+1.4% | $518.1M | N/A | $418.8M+107.0% | $202.3M+74.8% | $115.7M+1234.7% | $8.7M-53.7% | $18.7M |
AGRO Cash Flow Statement
| Metric | Q3'25 | Q4'24 | Q3'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | $163.5M | N/A | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | $57.1M | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | $106.4M | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | -$84.5M | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | -$63.7M | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | $17.5M | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | $8.6M | N/A | N/A | N/A | N/A | N/A | N/A |
AGRO Financial Ratios
| Metric | Q3'25 | Q4'24 | Q3'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 2.1% | N/A | 4.0% | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | 0.4% | N/A | 1.3% | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 0.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 2.80+0.3 | 2.54 | N/A | 2.14+0.5 | 1.67-0.5 | 2.130.0 | 2.13+0.4 | 1.78 |
| Debt-to-Equity | 0.22+0.0 | 0.20 | N/A | 0.26+0.0 | 0.24+0.1 | 0.19+0.0 | 0.170.0 | 0.17 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Adecoagro S A's annual revenue?
Adecoagro S A (AGRO) reported $1.5B in total revenue for fiscal year 2024. This represents a 16.9% 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 Adecoagro S A's revenue growing?
Adecoagro S A (AGRO) revenue grew by 16.9% year-over-year, from $1.3B to $1.5B in fiscal year 2024.
Is Adecoagro S A profitable?
Yes, Adecoagro S A (AGRO) reported a net income of $92.1M in fiscal year 2024, with a net profit margin of 6.1%.
How much debt does Adecoagro S A have?
As of fiscal year 2024, Adecoagro S A (AGRO) had $211.2M in cash and equivalents against $287.7M in long-term debt.
What is Adecoagro S A's net profit margin?
Adecoagro S A (AGRO) had a net profit margin of 6.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Adecoagro S A's return on equity (ROE)?
Adecoagro S A (AGRO) has a return on equity of 6.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Adecoagro S A's free cash flow?
Adecoagro S A (AGRO) generated $68.1M in free cash flow during fiscal year 2024. This represents a -64.8% 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 Adecoagro S A's operating cash flow?
Adecoagro S A (AGRO) generated $328.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Adecoagro S A's total assets?
Adecoagro S A (AGRO) had $3.1B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Adecoagro S A's capital expenditures?
Adecoagro S A (AGRO) invested $260.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Adecoagro S A's current ratio?
Adecoagro S A (AGRO) had a current ratio of 2.54 as of fiscal year 2024, which is generally considered healthy.
What is Adecoagro S A's debt-to-equity ratio?
Adecoagro S A (AGRO) had a debt-to-equity ratio of 0.20 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Adecoagro S A's return on assets (ROA)?
Adecoagro S A (AGRO) had a return on assets of 3.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Adecoagro S A's Piotroski F-Score?
Adecoagro S A (AGRO) has a Piotroski F-Score of 7 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Adecoagro S A's earnings high quality?
Adecoagro S A (AGRO) has an earnings quality ratio of 3.56x, 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.
How financially healthy is Adecoagro S A?
Adecoagro S A (AGRO) scores 54 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.