Industrials · Agricultural - Machinery
Price
$117.35
Market Cap
$8.5B
Employees
24,000
Beta
1.08
Avg Volume
707,991
CEO
Eric Hansotia
Business Description
AGCO Corporation operates as a global manufacturer and distributor of essential agricultural machinery and associated replacement components. The company's diverse product portfolio includes a range of tractors: high-horsepower models designed for large-scale operations such as row crop cultivation, soil preparation, planting, land leveling, seeding, and commercial hay production; utility tractors catering to the needs of small to medium-sized farms, as well as specialized sectors like dairy, livestock, orchards, and vineyards; and compact tractors suitable for smaller agricultural ventures, specialty farming, landscaping, equestrian activities, and residential applications. Beyond tractors, AGCO provides comprehensive systems for grain management, encompassing storage bins, drying units, and handling equipment, alongside seed-processing solutions. Its offerings for livestock and poultry include feed storage and delivery systems, advanced ventilation and watering setups, and specialized equipment for egg and broiler production. For the harvesting and packaging of vegetative feeds, vital for industries such as beef cattle, dairy, equine, and renewable fuels, the company supplies an array of equipment. This includes various balers (round and rectangular), loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners. AGCO's implement division offers disc harrows for seedbed leveling and chemical mixing; heavy tillage equipment for soil breakup and crop residue incorporation; field cultivators for creating smooth seedbeds and weed destruction; drills for small grain seeding; diverse planters and other planting apparatus; and loaders for material handling. Furthermore, the company produces combines specifically engineered for harvesting staple grain crops like corn, wheat, soybeans, and rice. Its application equipment segment features self-propelled, three- and four-wheeled vehicles and related implements for the precise distribution of liquid and dry fertilizers and crop protection chemicals, both before and after crop emergence. Complementing its core machinery, AGCO also manufactures diesel engines, gears, and generating sets. The company's extensive product line is distributed globally through a network of independent dealers and distributors, marketed under renowned brands such as Challenger, Fendt, GSI, Massey Ferguson, and Valtra. AGCO Corporation was founded in 1990 and maintains its corporate headquarters in Duluth, Georgia.
Business History
Price Overview
Last updated: Jun 27, 2026 10:07am (just now)$117.35
-1.51 (-1.27%)
Day Range
$116.84 – $118.90
52-Week Range
$99.21 – $143.78
50-Day MA
$115.65
200-Day MA
$114.01
Volume
466,546.00
Analyst Price Targets
Low
$105.00
Consensus
$124.63
High
$152.00
(45 analysts)
Share Structure
Outstanding
72,408,500.00
Float
60,074,459.00
Free Float
83.0%
High free float
— 83.0% of shares trade freely, ~17% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
11.03
Stock Price: $117.35
EPS (Diluted): 9.76
EPS (Diluted): 9.76
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
1.82
Stock Price: $117.35
Total Equity: $4.27B
Shares: 74,500,000
Total Equity: $4.27B
Shares: 74,500,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
7.64
Market Cap: $8.50B
Total Debt: $2.56B
Cash: $861.80M
EBITDA: $996.00M
Total Debt: $2.56B
Cash: $861.80M
EBITDA: $996.00M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$9.6B
Market Cap: $8.50B
Total Debt: $2.56B
Cash: $861.80M
Total Debt: $2.56B
Cash: $861.80M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
24.8%
Gross Profit: $2.50B
Revenue: $10.08B
Revenue: $10.08B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
6.9%
Operating Income: $698.70M
Revenue: $10.08B
Revenue: $10.08B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
7.2%
Net Income: $726.50M
Revenue: $10.08B
Revenue: $10.08B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
17.9%
Net Income: $726.50M
Total Equity: $4.27B
Total Equity: $4.27B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
9.2%
Operating Income: $698.70M
Tax Rate: -12.1%
Equity: $4.27B
Total Debt: $2.56B
Cash: $861.80M
Tax Rate: -12.1%
Equity: $4.27B
Total Debt: $2.56B
Cash: $861.80M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.39
Current Assets: $5.20B
Current Liabilities: $3.73B
Current Liabilities: $3.73B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.60
Short-Term Debt: $117.70M
Long-Term Debt: $2.45B
Total Debt: $2.56B
Total Equity: $4.27B
Long-Term Debt: $2.45B
Total Debt: $2.56B
Total Equity: $4.27B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$135.33
Revenue: $10.08B
Shares: 74,500,000
Shares: 74,500,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$57.36
Total Equity: $4.27B
Shares: 74,500,000
Shares: 74,500,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$9.94
Operating CF: $988.10M
CapEx: -$247.90M
Shares: 74,500,000
CapEx: -$247.90M
Shares: 74,500,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
1.1%
Last Dividend: N/A
Stock Price: $117.35
Stock Price: $117.35
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $726.50M
Net Income: $726.50M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares AGCO against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 23, 2026 3:02am (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $11.1B | $12.7B | $14.4B | $11.7B | $10.1B |
| Cost of Revenue | $8.6B | $9.7B | $10.7B | $8.8B | $7.6B |
| Gross Profit | $2.5B | $3.0B | $3.7B | $2.8B | $2.5B |
| Operating Expenses | $1.5B | $1.6B | $2.0B | $1.9B | $1.8B |
| Operating Income | $1.0B | $1.3B | $1.7B | $977.2M | $698.7M |
| Net Income | $897.0M | $889.6M | $1.2B | -$424.8M | $726.5M |
| EBITDA | $1.3B | $1.4B | $1.7B | $58.6M | $996.0M |
| EPS | $11.93 | $11.92 | $15.66 | $-5.69 | $9.76 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 7:46pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $882.2M | $787.5M | $595.0M | $612.0M | $861.8M |
| Total Current Assets | $5.0B | $5.7B | $6.3B | $5.1B | $5.2B |
| Total Assets | $9.2B | $10.1B | $11.4B | $11.2B | $11.9B |
| Current Liabilities | $3.5B | $4.1B | $4.3B | $3.8B | $3.7B |
| Long-Term Debt | $1.4B | $1.3B | $1.4B | $2.2B | $2.4B |
| Total Liabilities | $5.7B | $6.2B | $6.8B | $7.1B | $7.4B |
| Total Equity | $3.4B | $3.9B | $4.7B | $3.7B | $4.3B |
| Retained Earnings | $5.2B | $5.7B | $6.4B | $5.6B | $6.0B |
Cash Flow (Annual)
Last updated: Jun 23, 2026 3:04am (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $682.9M | $838.2M | $1.1B | $689.9M | $988.1M |
| Capital Expenditure | -$269.8M | -$388.3M | -$518.1M | -$393.3M | -$247.9M |
| Free Cash Flow | $413.1M | $449.9M | $585.0M | $296.6M | $740.2M |
| Acquisitions (net) | -$32.2M | -$107.3M | -$9.8M | -$1.3B | $235.0M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$135.0M | -$20.6M | -$53.0M | -$22.0M | -$250.0M |
| Net Change in Cash | -$230.0M | -$99.6M | -$194.0M | $17.2M | $249.1M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 4:20am (5h ago)| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$10.6B $10.6B – $10.6B
|
$11.2B $11.1B – $11.3B
|
$11.8B $11.8B – $11.8B
|
$11.4B $11.2B – $11.5B
|
| EBITDA |
$945.9M $943.2M – $949.5M
|
$997.4M $988.4M – $1.0B
|
$1.1B $1.1B – $1.1B
|
$1.0B $1.0B – $1.0B
|
| Net Income |
$446.7M $440.0M – $453.5M
|
$622.0M $573.9M – $670.1M
|
$785.7M $661.8M – $973.1M
|
$663.0M $652.1M – $677.1M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 23, 2026 3:02am (4d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +13.6% | +13.9% | -19.1% | -13.5% |
| Gross Profit Growth | +17.8% | +26.5% | -23.9% | -12.3% |
| Operating Income Growth | +30.4% | +31.2% | -43.7% | -28.5% |
| Net Income Growth | -0.8% | +31.7% | -136.3% | +271.0% |
| EBITDA Growth | +13.7% | +18.9% | -96.5% | +1,599.7% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 4:20am (5h ago)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-15 | Barbour Sondra L | A-Award | 33.16 | $116.71 | $3,870 |
| 2026-06-15 | De Lange Bob | A-Award | 4.36 | $116.71 | $508 |
| 2026-05-05 | Tractors & Farm Equipment Ltd | S-Sale | 309,089.00 | $123.28 | $38.1M |
| 2026-05-05 | Tractors & Farm Equipment Ltd | S-Sale | 113,501.00 | $123.28 | $14.0M |
| 2026-04-23 | Collins James C. Jr. | A-Award | 1,673.00 | $0.00 | $0 |
| 2026-04-23 | Golodryga Zhanna | A-Award | 1,673.00 | $0.00 | $0 |
| 2026-04-23 | Barbour Sondra L | A-Award | 1,673.00 | $0.00 | $0 |
| 2026-04-23 | De Lange Bob | A-Award | 1,673.00 | $0.00 | $0 |
| 2026-04-23 | Sagehorn David M. | A-Award | 1,673.00 | $0.00 | $0 |
| 2026-04-23 | arnold michael c | A-Award | 1,673.00 | $0.00 | $0 |
| 2026-04-23 | Porksen Niels | A-Award | 1,338.00 | $0.00 | $0 |
| 2026-04-23 | CLARK SUZANNE PATRICIA | A-Award | 1,673.00 | $0.00 | $0 |
| 2026-04-20 | Hansotia Eric P | F-InKind | 1,960.00 | $115.29 | $225,968 |
| 2026-04-01 | Collins James C. Jr. | 0.00 | $0.00 | $0 | |
| 2026-03-16 | De Lange Bob | A-Award | 0.09 | $119.70 | $11 |
| 2026-03-16 | Barbour Sondra L | A-Award | 27.13 | $119.70 | $3,248 |
| 2026-02-17 | Dehner Torsten Rudolf Willi | M-Exempt | 5,100.00 | $72.74 | $370,974 |
| 2026-02-17 | Dehner Torsten Rudolf Willi | F-InKind | 3,436.00 | $138.30 | $475,199 |
| 2026-02-17 | Dehner Torsten Rudolf Willi | M-Exempt | 5,100.00 | $72.74 | $370,974 |
| 2026-02-17 | Bennett Kelvin Eugene | S-Sale | 2,300.00 | $137.04 | $315,192 |
Dividend History (Last 20)
Last updated: Jun 21, 2026 7:46pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-15 | $0.30 | 2026-04-23 | 2026-05-15 | 2026-06-15 |
| 2026-02-13 | $0.29 | 2026-01-15 | 2026-02-13 | 2026-03-16 |
| 2025-11-14 | $0.29 | 2025-10-23 | 2025-11-14 | 2025-12-15 |
| 2025-08-15 | $0.29 | 2025-07-10 | 2025-08-15 | 2025-09-15 |
| 2025-05-15 | $0.29 | 2025-04-24 | 2025-05-15 | 2025-06-16 |
| 2025-02-14 | $0.29 | 2025-01-16 | 2025-02-14 | 2025-03-14 |
| 2024-11-15 | $0.29 | 2024-10-24 | 2024-11-15 | 2024-12-16 |
| 2024-08-15 | $0.29 | 2024-07-11 | 2024-08-15 | 2024-09-16 |
| 2024-05-17 | $2.50 | 2024-04-25 | 2024-05-20 | 2024-06-20 |
| 2024-02-14 | $0.29 | 2024-01-18 | 2024-02-15 | 2024-03-15 |
| 2023-11-14 | $0.29 | 2023-10-26 | 2023-11-15 | 2023-12-15 |
| 2023-08-14 | $0.29 | 2023-07-12 | 2023-08-15 | 2023-09-15 |
| 2023-05-18 | $5.00 | 2023-04-27 | 2023-05-19 | 2023-06-20 |
| 2023-05-12 | $0.29 | 2023-04-27 | 2023-05-15 | 2023-06-15 |
| 2023-02-14 | $0.24 | 2023-01-20 | 2023-02-15 | 2023-03-15 |
| 2022-11-14 | $0.24 | 2022-10-27 | 2022-11-15 | 2022-12-15 |
| 2022-08-12 | $0.24 | 2022-07-13 | 2022-08-15 | 2022-09-15 |
| 2022-05-19 | $4.50 | 2022-05-20 | 2022-06-21 | |
| 2022-05-13 | $0.24 | 2022-04-28 | 2022-05-16 | 2022-06-15 |
| 2022-02-14 | $0.20 | 2022-01-20 | 2022-02-15 | 2022-03-15 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for AGCO — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30